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Zara (Spanish:) is a 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, Galicia. [5] In 2020 alone, it launched over twenty new product lines. [6]
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]
In 2008, Trent launched value fashion stores called Fashion Yatra. [11] 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.
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 ...
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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.
Rockwear is a women's active wear chain, selling clothes for exercise classes, walking, running and everyday use. [1] It was founded in 1991 and acquired by Retail Apparel Group in 2015. [11] [12] It has 73 stores around Australia. [13]
Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand. They typically include four basic financial statements accompanied by a management ...