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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'.
He is also the chairman of Zara Investment Holding, Astra Industries, Paltel Corporation and Arab Bank, and a founder of the Palestine Securities Exchange (PSE). [1] He is the cousin of Munib al-Masri. [2] Al-Masri has a degree in chemical engineering from the University of Texas. [3] Al-Masri co-founded Zara Investment Holding in 1994.
Zara Investment Holding Co Ltd. was founded on 10 May 1994 by Sabih al-Masri, the current chairman, and Khalil Talhouni, in addition to a number of investors and local banks and Arab and international investment companies, such as the International Finance Corporation (IFC). [1] Zara invests primarily in tourism; particularly, in the hotels sector.
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 ...
The chain was established in 1991 due to the diversification of Inditex's commercial objective, which at that time had only Zara stores. It started out as a brand only for the male public, but after a few years of its creation, it introduced a collection for girls in 1998 that has equaled the male line in sales.
Before Game 5 of the 1997 NBA Finals Michael Jordan became ill. He participated in the game despite his illness, and the game became known as "The Flu Game". Jordan played 44 minutes in the game and finished with 38 points, 7 rebounds and 5 assists. [1] With 25 seconds left, Jordan made a 3-point-game-winning basket.
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400 South Wilson Road, Sunbury, OH · Directions · (740) 965-6122