Zara was founded by Amancio Ortega Gaona (Ortega) and his wife Rosalía Mera in 1975 in downtown Galicia in the northern part of Spain. Its first store featured low-priced copies of products of prevalent, higher-end clothing and fashion. By 1983, Zara had established a firm grip over Spanish consumers with its emphasis on fashion and its business model. In 1985, Inditex was founded as a holding company for Zara and its manufacturing plants. In 1988, the company started growing internationally with the opening of a Zara store in Oporto, Portugal. In 1990, the company introduced a footwear collection, Tempe, which was popular in the children’s section of Zara stores... |
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