Initex, Industrias de Diseño Textil, S.A., (BMAD: ITX), in English, "Textile Design Industries, Inc.", is a large Spanish corporation and one of the world's largest fashion groups. It is made up of almost a hundred companies dealing with activities related to textile design, production and distribution. Amancio Ortega Gaona is the founder and current chairman of Inditex. He is also Spain's richest man.