Inditex owns Stradivarius, and Amancio Ortega, the wealthiest man in Spain, owns the fashion empire. The group also owns Zara. Stradivarius is one of the leading brands within Inditex’s “fast fashion” empire. For 2023, It represented 6.5% of Inditex revenue and followed a mostly direct strategy with its company-managed flagship stores also enhanced by franchised stores.
Stradivarius generated €2.33 billion in revenue in 2023, €2.05 billion in 2022, and €1.82 billion in revenue in 2021, compared to €1 billion in 2020 and €2 billion in 2019.
Stradivarius generated €493 million in profit before tax in 2023, compared to €371 million in 2022, €332 million in 2021, €117 million in 2020 and €300 million in 2019.
Stradivarius had 644 company-managed stores, vs. 197 franchised stores, in 2023. Compared to 647 company-managed stores vs. 202 franchised stores in 2022.
Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.