Summary of 👚 El hombre que inventó la MODA RÁPIDA | Caso Zara

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This video discusses the history of fashion retailer, Inditex, and its founder, Amancio Ortega. Ortega founded the company in 1963 and it has since grown to be one of the largest fashion retailers in the world. Ortega retired from the company in 2011, but Inditex plans to continue expanding and growing.

• 00:00:00 The Zara brand was founded by a man named Amancio Ortega in 1963. Amancio, who is now worth 66 million euros, started out as a 14-year-old messenger at a local clothing store. He progressed through the company, becoming the manager of the same store in his free time. In 1975, after the death of Francisco Franco, Amancio decided to change gears and opened his own clothing store in Galicia, Spain. He named the store Zara, after a phrase he had heard frequently during his travels. The Zara brand quickly became successful and Amancio decided to expand his company abroad. He opened his first store in Portugal in 1988 and his first store in the United States in 1990. By the 1990s, Zara had opened stores in Spain, the United States, France, Italy, the United Kingdom, Portugal, Belgium, Netherlands, Switzerland, Australia, and New Zealand. In 2000, Amancio created Zara Home, a line of home goods. In 2004, he created Óseo, a line of men's clothing. In 2008, he created Bershka, a line of women's clothing. Today, Zara is one of the world
• 00:05:00 This video discusses the history of fashion retailer, Inditex, and its founder, Amancio Ortega. In 2001, Ortega decided to sell his company, Inditex, which at the time had around 20% of its shares on the stock market, for a sum of €20 billion. This made Ortega Europe's richest man, and Inditex has since opened more than one store per day. Today, Inditex has over 7,000 stores in 93 countries. Amancio Ortega retired from the company in 2011, but Inditex plans to continue expanding and growing.