Zara is one of the world’s largest and most loved apparel retailers. The company is present in more than 96 countries through its more than 2,000 stores.
The popularity of the retailer makes people wonder about its owner, founder, or where the company is from.
Today, I will clear up all your doubts about the ownership of Zara.
Who owns Zara?
Zara is owned by Amancio Ortega through the Inditex group. The Inditex group is a large retail group whose main brand is Zara but has several other brands too.
In Inditex, Ortega has 59% voting power through his two investment vehicles. Zara’s head office is located in Arteixo, Spain, and had revenues of almost €20 billion in 2021.
Who founded Zara?
Zara was founded by Amancio Ortega and Rosalía Mera in 1975. He opened his first store in central A Corua, Galicia, Spain. 10 years later, in 1985, Ortega opened the first Zara store outside Spain in Portugal.
Since then, the company has expanded tremendously across the world to become one of the world’s largest fashion groups.