Search results
Results from the WOW.Com Content Network
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'.
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 ...
A H&M store in Downtown Montreal. Fast fashion brands produce pieces to get the newest style on the market as soon as possible. [16] They emphasize optimizing certain aspects of the supply chain for the trends to be designed and manufactured quickly and inexpensively and allow the mainstream consumer to buy current clothing styles at a lower price.
Zara. If you're looking for a fall work dress that nails the office siren look but is totally HR-approved, look no further than this figure-hugging pleated midi. Everything from its round neckline ...
Inditex warned that costs may rise from rerouting ships due to Houthi rebels' attacks as it makes a killing in its retail business. Your Zara and Stradivarius shipments might be delayed as the Red ...
For the first time, fashion designer Stefano Pilati and Zara teamed up for an exclusive capsule collection that embodies Pilati's sophisticated style.
Amancio Ortega's fortune in 2021 is estimated to be around 73.1 billion euros. He has been considered for years as one of the five richest men in the world, although currently he has been left out of the top 10 billionaires worldwide. [22] [23] He is currently the largest shareholder of Inditex, with almost 60-65%. [24] [25]
The most notable success story is Inditex which owns companies such as Zara and Bershka. Inditex is a large brand with a new worth of $17.2 billion. [21] Since its opening in 2007, it opened over 330 stores in China by 2019. [22] In particular, Zara is growing twice as fast as H&M due to its focus on value rather than price. [23]