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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'.
Inditex created Lefties in 1993; the name is taken from the term leftovers and it was created to sell old Zara clothing. [21] In 1995, Inditex purchased the remaining Massimo Dutti shares and began expanding the brand to include a women's line. [22] In 1998, Inditex launched the Bershka brand that was aimed at urban hip fashion. [23]
Inditex is a large brand with a new worth of $17.2 billion. [24] With their abundance of wealth, it is expected that this company produces greener. Inditex has targets to source fabrics more sustainably by 2025 and to have nothing sent to the landfills by 2023. [ 23 ]
Inditex: Apparel/Footwear specialty 23,431 5.4%: Arteixo Spain: 46 Ceconomy: Electronics specialty 23,310 -1.0%: Düsseldorf Germany: 47 Wm Morrison Supermarkets: Supermarket 22,640 0.5%: Bradford United Kingdom: 48 Wesfarmers: Department store/Home improvement 22,215 7.0%: Perth Australia: 49 Jerónimo Martins: Discount store 21,988 1.7% ...
Inditex expanded from 2,692 stores in 2005, to 7,013 stores at the end of 2015 under Isla's leadership. During the same period, he is also credited with leading the company's online expansion. [12] In 2022, Inditex paid Isla 12.4 million euros in his last year with the company, more than double what he received in 2020 as the executive ...
Are you team canned or team fresh cranberry sauce?. This Thanksgiving, we're answering plenty of your burning, commonly-searched food questions.Here, we're tackling the nutritional facts behind ...
Mortgage and refinance rates for Dec. 6, 2024: Average rates for 30-year, 15-year terms fall ahead of key jobs report Kelly Suzan Waggoner Updated December 6, 2024 at 6:14 AM
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 ...