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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'.
If you’re thinking of sending back a disappointing gift you just received over the holidays, the return may bring even more disappointment. Americans have grown accustomed to free returns, but a ...
A return is costly for the vendor and inconvenient for the customer; any return that can be prevented benefits both parties. Returned merchandise requires management by the manufacturer after the return. The product has a second life cycle after the return. An important aspect of RMA management is learning from RMA trends to prevent further ...
The owner of fashion retailer Zara, Inditex, returned to quarterly profit in the three months from May to July despite a 31% fall in sales as the coronavirus crisis kept consumers away from city ...
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.
Inditex didn’t return Fortune’s request for comment. Consumers chasing Zara’s clothing Red Sea disruptions aside, Zara-owner Inditex has had a blockbuster 12 months to Jan. 31, 2024.
A package redirection scam is a form of e-commerce fraud, where a malicious actor manipulates a shipping label, to trick the mail carrier into delivering the package to the wrong address. This is usually done through product returns to make the merchant believe that they mishandled the return package, and thus provide a refund without the item ...
The world’s largest fashion group revealed that earnings increased by a fifth to 8.6 billion euros (£7.6 billion) in 2022.