By Celia Fernandez | 08/16/2013 - 13:10
The richest woman in Spain, Rosalia Mera, and a major stakeholder in, Inditex SA, the company that owns the Zara chain died at the age of 69 this week.
Mera cofounded the first Zara store in 1975 in La Coruna with her then-husband, Amancio Ortega.
Inditex issued a statement on Friday confirming her death but did not provide any details as to the cause of it, according to the Associated Press.
By Araceli Cruz | 10/16/2012 - 14:00
Move over Zara, your posh sibling just moved into the hood and has literally taken over your spot.
Massimo Dutti, the Spanish brand founded in 1985 and which has more than 600 stores globally, finally has a U.S. address for the very first time on the prestigious block known as Fifth Avenue.
This momentous opening came at the hands of Dutti’s owners Inditex SA who owns several retailers including Zara, which once occupied this very address on Fifth Avenue.
By Samantha Leal | 06/12/2012 - 12:00
- Brazilian-based brand Melissa most recently collaborated with fellow Brazilian designer Pedro Lourenco. Together, they've come out with two designs: a sandal with an ankle strap ($175) and a ballet flat ($90), which both come in a variety of colors. [Fashionista]
By Monica Herrera | 08/12/2008 - 18:49
We never thought this day would come, but it's true! London's The Daily Telegraph reports that trendy Spanish label Zara has officially taken over the top spot, previously held by Gap, as the largest fashion retailer in the world. While Gap saw its first quarter revenue slip 10 percent to $3.38 billion, Zara's sales actually increased 9 perent to $3.46 billion. But what really put the brand over the top was its global expansion to 3,900 stories in 70 countries.