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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'.
The same year, the company launched the lingerie and women's clothing store Oysho. [26] [27] In 2003, Inditex launched the Zara Home brand, which offers bedding, cutlery, glassware and other home decoration accessories. [28] In 2004, with the opening of store number 2,000 in Hong Kong, Inditex had established its presence in 56 countries. [29]
The launch of six new fragrances happened at the end of October 2018— three fragrances for men and three for women. [9] While the existing Massimo Dutti fragrance line was distributed in a network of multi- brand retailers such as Douglas, El Corte Ingles and Amazon.com , the new collection is sold exclusively by Massimo Dutti in 400 Massimo ...
González Padín - high-end department store chain, founded in 1884, biggest and oldest local department store on the island until closure in 1995 due to economic problems. Es de Velasco - high-end department store chain, founded in 1939, acquired by competitor González Padín in 1991, closed in 1995.
A H&M store in Downtown Montreal. Fast fashion brands produce pieces to get the newest style on the market as soon as possible. [17] They emphasize optimizing certain aspects of the supply chain for the trends to be designed and manufactured quickly and inexpensively and allow the mainstream consumer to buy current clothing styles at a lower price.
Inditex warned that costs may rise from rerouting ships due to Houthi rebels' attacks as it makes a killing in its retail business.