Deep Dive 8 minutes PremiumBattle of the Titans: Inditex Versus H&M—More Differences than Similarities? Coresight Research November 30, 2017 Executive SummaryZara and H&M are often spoken of in the same breath—as the fast-fashion invaders that are stealing market share away from mass-market rivals in a number of countries. Yet, despite the similarities, we see some key distinctions between H&M and Zara’s parent company Inditex. H&M is largely not a fast-fashion retailer: according to a number of reports, H&M produces just 20% of its clothing ranges in-season, in contrast to 60% at Inditex. Similarly, only 32% of factories that H&M uses are located in or close to Europe, compared to 59% of Inditex’s factories. H&M’s revenue growth is being supported entirely by new store openings, and its sales-per-store growth is negative. Inditex continues to report positive comparable sales growth and sales-per-store growth. We see these distinctions as related. H&M’s product offering is strongly focused on basic apparel items, and this provides it with less differentiation. In the context of heightened fast-fashion competition, including from ultrafast-fashion retailers such as Boohoo.com and Missguided, we think H&M will continue to find it tough to maintain underlying sales growth. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: AI Is Revolutionizing Healthcare: Four Applications, Countless BenefitsGroceryshop 2023 “Shark Reef” Startup Pitch: All You Need To KnowGroceryshop 2023 Wrap-Up: Exploring the Top Five Themes Driving Grocery Retail InnovationTemu, the New E-Commerce Marketplace Taking the US by Storm—What Do Consumers Actually Think?