Zara: How a Spaniard Invented Fast Fashion

March 29, 2017
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Zara: How a Spaniard Invented Fast Fashion

Zara is a Spanish clothing and accessories retailer. Zara was founded in 1975 by Amancio Ortega. Zara is the main brand of the Inditex group, the world’s largest apparel retailer. Inditex also owns brands such as Massimo Dutti, Pull and Bear, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe. As of 2016, the main owner of Inditex, Amancio Ortega, was the second wealthiest man in the world.

Nineteenth video of the Behind the Business Series.

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Zara is a Spanish clothing and accessories retailer based in Arteixo, Galicia. The company was founded in 1975 by Amancio Ortega and Rosalía Mera. It is the main brand of the Inditex group,[2] the world’s largest apparel retailer. The fashion group also owns brands such as Massimo Dutti, Pull and Bear, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe.

Amancio Ortega Gaona is a Spanish business tycoon. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories retail shops.

According to Forbes Magazine, he is currently the richest person in Europe and the second richest in the world with an estimated net worth of $72.8 billion as of February 2017.[1]

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