Who owns Zara Clothing?
Zara is a major clothing retailer owned by the Inditex Group. Founded in 1975 by Amancio Ortega, Zara has become a leader in the international fashion market by pioneering speed to market trends and high quality production.
Amancio Ortega: Founder of Inditex Group and Owner of Zara
Amancio Ortega is a Spanish business magnate, investor and philanthropist. He is the founder of Inditex Group, which is one of world’s largest fashion groups. Ortega and the Inditex Group own Zara, the largest fashion chain in the world.
The Inditex Group
The Inditex Group is a vertically integrated fashion apparel company with a network of more than 7000 stores in 88 countries. It owns a number of fashion brands including Zara, Pull and Bear, Massimo Dutti, Bershka and Stradivarius. As of 2021, the Inditex Group is estimated to be worth $99 billion.
Highlights
- Leadership: Amancio Ortega is the founder and owner of the Inditex Group and Zara.
- Vertically Integrated: The Inditex Group owns a network of fashion brands with stores in 88 countries, making it one of the largest fashion groups in the world.
- Value: As of 2021, the Inditex Group is estimated to be worth $99 billion.