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Zara was established by Amancio Ortega Gaona in 1975. Their first shop was in central A Coruña, in Galicia, Spain, where the company is still based.They initially called it 'Zorba' after the classic 1964 film Zorba the Greek, but after learning there was a bar with the same name two blocks away, rearranged the letters to read 'Zara'.
In 1985, Industria de Diseño Textil S.A. or Inditex was created as a holding company for Zara and its manufacturing plants. [16] In 1988, the company began expanding internationally with the opening of a Zara store in Porto, Portugal. [17] In 1990, the company-owned footwear collection, Tempe, populated in the children's section of Zara stores ...
Zara Home is a company that belongs to the Spanish Inditex group dedicated to the manufacturing of home textiles. It was created in 2003. [ 2 ] It has around 408 stores in 44 countries.
The youngest of four children, Ortega was born in Busdongo de Arbas, León, Spain, to Antonio Ortega Rodríguez and Josefa Gaona Hernández from the province of Valladolid, and spent his childhood in Tolosa, Gipuzkoa. [6] He left school and moved to A Coruña at the age of 14, due to the job of his father, a railway worker. Shortly after, he ...
The factories manufactured apparel for international brands including Benetton, [22] Zara, [23] The Children's Place, [13] El Corte Inglés, [24] Joe Fresh, [22] Mango, [23] Matalan, [25] Primark, [26] and Walmart. [27] [28] The head of the Bangladesh Fire Service & Civil Defence, Ali Ahmed Khan, said that the upper four floors had been built ...
In 2009, Trent and Inditex established a 49:51 joint venture to run Zara stores in India. [13] [14] Two years later, the two companies entered a similar agreement to open Massimo Dutti stores in India. [15] In 2014, Tesco acquired a 50% stake in Star Bazaar for £85 million and became a joint venture partner.
Sandra Ortega Mera (born 19 July 1968) is a Spanish billionaire heiress, businesswoman and socialite.. Mera is the daughter of Amancio Ortega Gaona, and his first wife Rosalia Mera founder of Inditex, best known as the parent company of global fashion empire Zara.
The majority of the family's wealth comes from the clothing company Inditex and its flagship store Zara. As of July 2022, the family has an estimated net worth of $110 billion. The head of the family, billionaire Amancio Ortega, is the twelfth richest person in the world. [1] [2] [3]