Inditex Guide, Meaning , Facts, Information and Description
The Inditex Group (Spanish: Industrias de Diseño Textil Sociedad Anónima) is a large spanish corporation and of the worlds largest fashion groups. It is made up of almost a hundred companies dealing with activities related to textile design, production and distribution. Amancio Ortega is the founder and current chairman of Inditex. He is also Spain's richest man.Inditex runs over 2010 stores worldwide and is the owner of brands such as Zara, Massimo Dutti, Lefties, Bershka, Oysho, Pull & Bear; and Stradivarius. Most stores are corporately own, and franchise is only given in areas where corporate properties can not be bought (as in the Middle East).
The group designs and manufactures almost everything itself, and new designs are dispatched twice a week to Zara stores.
The first Zara shop opened its doors in 1975 in La Coruña (Spain), the city which saw the Group's early beginnings and which is now home to its central offices. Today the Group's shops are to be seen in places such as New York's 5th Avenue, Paris' Champs Elysées, London's Regent Street or Tokyo's Shibuya Shopping Centre.History