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Zara's success was in part due to its strategy of imitating popular fashions and quickly making them for sale at inexpensive prices. [3] Ten years after the opening of the first Zara store, Inditex was established as a holding company for the couple's businesses. [4] Inditex now comprises multiple fashion companies, of which Zara is the ...
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'.
Science & Tech. Shopping
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.
Why: Zara has announced its latest collab with Budapest-based label Nanushka. The two have come together to release a collection spanning across menswear, homeware, and jewelry.
Inditex warned that costs may rise from rerouting ships due to Houthi rebels' attacks as it makes a killing in its retail business.
It is part of the Spanish Inditex group (which also owns brands such as Zara, Massimo Dutti, Pull&Bear, Oysho, Uterqüe, Stradivarius and Zara Home). [2] The company was created in April 1998 as a new store and 'fast-fashion' concept, aimed at a young target market. As of January 2022, Bershka has over 852 stores in 74 countries.
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