Inditex has fared very well recently even though economies across the globe are struggling. Its cash holdings are on schedule to increase by 20% every year from 2013-2015, reaching 5.66 billion euros at the end of this period.
With such strong financials, the Galician company is ready to expand Zara, its star brand, into parts of Europe and the Americas where its presence is not yet as strong as in Spain.
The Inditex business model will keep it strong for a long time as it follows in the footsteps or corporate giants like Microsoft by buying its own shares and tying future dividend payments to its level of profitability.