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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'.
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Ortega began developing his designs and he and his wife Rosalia Mera started making clothes in their home. [9] [13] Amancio had saved up enough money to open a small factory and sold garments to his former employer, amongst others. [9] In 1975, the couple opened their first store, Zara, which produced popular fashion at low prices.
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.
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