Top 10 Facts - Zara // Top Facts
These and other interesting Top Facts you can know in this channel.
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1. Zara's parent company, Inditex, is the world's largest apparel retailer.
2. Amancio Ortega, Zara's founder, briefly surpassed Bill Gates at the richest man in the world. Ortega caught up to Gates on Oct. 23 with a net worth of $79 billion. But by 10 am EST, he had slipped back to the number two spot.
3. Amancio Ortega has also never given an interview.But we have so many questions!
4. There are over 2,000 stores in 88 countries. The first store was in the coastal town of A Corufia in Northwest Spain in 1975. 50% of Zara's products are still manufactured in Spain.
5. Zara was originally named Zorba. But the title was changed because a local bar had the same name.
6. Zara has a team of designers who are constantly changing and editing designs based on customer feedback.
7. Zara is vertically integrated and has control of every element of production from design to distribution.
8. Zara spends little on advertising, focusing its spending on opening stores near high-end retailers instead.
9. The brand paid $324 million to buy space to open a store at 666 Fifth Ave. in New York City.
10. Even royals wear Zara; it's a favorite of Kate Middleton. Why pay for advertising when the royals are wearing your clothes?!
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Top 10 Facts - Zara // Top Facts
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