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In 1991, Inditex created the company Pull and Bear, a casual menswear company. [19] [20] Later that year, the company also acquired a 65 per cent share in the upscale Massimo Dutti brand. Inditex created Lefties in 1993; the name is taken from the term leftovers and it was created to sell old Zara clothing. [21]
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).
In 2022, about 1,000 shop assistants who work at Zara and other fashion brands owned by Inditex went on strike on Black Friday in the company's home town in northern Spain to demand better salaries. [89] Prior to a second strike, Inditex, Zara's parent company, has agreed to pay 322 euros more per month to shop assistants from 44 stores.
Inditex sells brands including Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Uterque across its network of almost 7,500 physical shops. Zara owner Inditex to sell all its brands ...
He is the founder and former chairman of Inditex fashion group, best known for its chains of Zara and Bershka clothing and accessories shops. He is considered a pioneer in fast fashion . [ 1 ] As of September 2024, Ortega had a net worth of $134.3 billion, making him the second-wealthiest person in Europe after Bernard Arnault and the 11th ...
Fast-fashion giant Inditex is shutting all of its Bershka, Pull&Bear and Stradivarius physical stores in China as soon as the end of January, WWD has learned from multiple sources. Zara, Massimo ...
Pablo Isla Álvarez de Tejera (born 22 January 1964) is a Spanish businessman and a State lawyer who was chairman and CEO of Inditex, a Spanish corporation and the world's largest fashion group, from 2005 to 2022.
However, by 2012, the company shut down all Fashion Yatra stores and later terminated its Sisley agreement in an effort to shelve loss-making ventures. [12] 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 ...