Zara has featured a number of times within this magazine, and for good reason. In the past decade, where companies such as Gap have stagnated, sales growth for Zara has increased by over 240%. Last year the firm posted sales revenue of $22.2 billion from its 7,100 stores in 93 countries. While the holding group Inditex does have other brands such as Bershka, Massimo Dutti and Pull&Bear within its portfolio, nearly 70% of sales are accounted for by the Zara stores.
The man behind Zara, Amancio Ortega, is one of the world’s richest men and at the age of 80 still works every day, but leaves a lot of the day-to-day running of the business to other family members.
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