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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 ...
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Zara (Spanish:) is a fast fashion retail subsidiary of the Spanish multinational fashion design, manufacturing, and retailing group Inditex. [3] Zara sells clothing, accessories, beauty products and perfumes. [4] The head office is located at Arteixo in the province of A Coruña, Spain. [5] In 2020 alone, it launched over twenty new product lines.
In 2009, Zara was part of the Inditex group (Industrias de Diseño Textil Sociedad Anónima), of which Ortega owned 59.29%, and aside from over 6,000 stores included the brands Zara, Massimo Dutti, Oysho, Zara Home, Kiddy's Class, Tempe, Stradivarius, Pull and Bear, Bershka and has more than 92,000 employees.
When excluding volatile food and energy costs, the so-called core PCE was down to 2.8% in November — compared with a peak of 5.6% in September 2022.
Massimo Dutti (Spanish pronunciation: [ˈmasimo ˈðuti]) is a Spanish premium clothing retailer specializing in cashmere and wool products, established in 1985 and owned by Spanish multinational company Inditex, the parent company of Zara, Pull&Bear, and other brands.