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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'.
Notable landmarks are a Repsol refinery - with its associated industry - and the corporate headquarters of Inditex which is better known for its worldwide chain of clothing stores, Zara. [ 2 ] Economy
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. [3] [when?] The company focuses on retailing various housewares. [4] The headquarters of Zara Home is located in A Coruña, Spain.
World's largest clothing retailer [5] and owns brands like Zara, Massimo Dutti, Bershka, Pull and Bear, Oysho, Zara Home, Often and Stradivarius: P A Indra Sistemas: Industrials Aerospace Madrid: 1993 Aeronautics, defence P A Inmobiliaria Colonial: Financials Real estate holding & development Madrid: 1946 Real estate P A Irizar: Industrials
Dubai Holding Group, established in 2000, is an Emirati multinational retail organization in the Middle East, representing fashion franchises. [1]The Group represents prominent brands such as Zara, Zara Home, Stradivarius (Inditex), women’secret, Gerard Darel, Flamant (company), Promod, Harrys of London, Sfera & Delvaux (company).
Zara owner Inditex purchased 39,000 square feet (3,600 m 2) of retail space for $324 million, a record deal for a U.S. retail property. [138] Carlyle used the profits from the sale to pay off the Barclays loan and the SL Green mezzanine loan. The firm also refinanced the remaining retail space with a $300 million loan from Morgan Stanley. [9]
In 2022, the company moved its headquarters from China to Singapore for regulatory, international expansion, and financial reasons – while keeping its supply chains and warehouses in China. [8] In 2023, Shein generated US$32 billion in revenue, with about US$50 billion forecasted for 2024 – nearly as much as established retailers Zara and H ...