COMPANY HISTORY

In 1974 was born the first Zara store, property of the Inditex group, founded by the entrepreneur gallego Amancio Ortega Gaona.The principles of Amancio Ortega were modest: began compiling sacks that sold in the markets Gallegos. Later he bought a small company ready-clothes for the home and sacks. Today the group holding company Zara includes the spanish Inditex with four branches. Group of 19 producers, 6 distributors, 1 representative office in China (Inditex Beijing), Zara Holding Company that owns 11 subsidiaries in many other countries.In addition this diversifying into sectors such as banking, construction companies or dealers of vehicles. All of them exerts a centralized direction and applies a policy and strategy in the field of group. The most important partner of Inditex is the signature Gartler, S. L. , owner of the 60 percent of the capital. President Amancio Ortega Gaona. Chief Executive Officer, José Mª Castellano Rivers. Director General, Carlos Dexus. Financial Director, Borja de la Cierva. HR Direct, José Mª González.Structure of the textile industry. The distribution sector and production of textile products refers to all companies that sell and produce garments, whatever its form. The main features of each of the five forces would be the following: A/ intensity of competition. The existing number of competitors is very high. The pace of growth of the sector is reduced, as it is in phase of maturity.Partial analysis of the companies of the sector. HANDLE (Point Fa, S. L. Society subsidiaries and affiliates). In 1997 has sold in its network of establishment twenty million garments and two and a half million of plug-ins. Opening a hundred shops throughout the world during the year 1998. At the end of 1997 the network had 317 stores, including 144 in abroad. President, Isak Andic Eutrudepts Ermay. Executive Vice President, Nahman Andic Eutrudepts Ermay. Director General, Isak Andic Eutrudepts Ermay.