És fundador, juntament amb la seva exdona Rosalía Mera, i expresident del grup empresarial tèxtil Inditex, càrrec en el qual li va succeir Pablo Isla, i de la cadena de botigues de roba més coneguda del grup: Zara. Moreover, Zara refreshes its garment stocks twice a week. In 1963, having gained ten years of managing sewing cooperatives experience, Amancio Ortega Gaona founded his first company, Confecciones GOA, S.A. (his initials if to read backward). Hearing of the miners’ need for durable pants, Strauss hired a tailor to make garments out of tent canvas. That is why, Zara factories look like a well-oiled machine, where hundreds of designers and sales analysts co-operate in an open space floor, organized around these two principles, namely the delivery speed and a customer-orientated approach. Retour sur une stratégie unique qui a permis à un petit commerçant de devenir la deuxième fortune mondiale et le roi du prêt-à-porter avec plus de 5000 magasins implantés sur toute la planète. The unique business model of Zara business, with its two golden rules of giving customers what they want as quickly as possible, is not the only one business secret of Amancio Ortega. Amancio Ortega, in full Amancio Ortega Gaona, (born March 28, 1936, Busdongo de Arbas, Spain), Spanish fashion executive and founding chairman (1985) of the Spanish clothing merchandiser Inditex (Industria de Diseño Textil, SA), which included the Zara chain store. Amancio Ortega Gaona (Spanish pronunciation: ; born 28 March 1936) is a Spanish fashion executive and founding chairman of the Inditex fashion group, best known for its chain of Zara clothing and accessories retail shops. Recognized with the Order of Civil Merit in 2009, Mr. Ortega is the president of the organization, and Flora Pérez Marcote, his younger daughter, serves as the vice president. Known to Be An Incognito. Inditex shares’ price increasing constantly, Ortega Gaona owns the holding’s 59.3 percent, currently valued at €110 ($119.54 ) billion. Amancio Ortega Gaona (Busdongo, León, 28 de marzo de 1936) es un empresario multimillonario español dedicado al sector textil. About: Amancio Ortega Gaona. We hope you have enjoyed exploring Amancio Ortega Gaona biography and success story of the Inditex Group, and it has inspired you to new discoveries. Amancio Ortega Gaona (Spanish pronunciation: [aˈmanθjo orˈteɣa ɣaˈona]; born 28 March 1936) is a Spanish fashion businessman. His flying fear also motivates Ortega to devote a few weeks a year to hiking pilgrimage tours along Galicia. Despite his fashion business, Amancio Ortega has no interest in wearing brands himself, being seemingly the only person who does not wear Inditex’s garments. Refugiado en la normalidad y en el anonimato, su vida e incluso su rostro han sido durante muchos años uno de los secretos mejor guardados del panorama empresarial español. Continuing to purchase real estate locations in London’s West End, Meatpacking District of NYC, Barcelona’s best shopping areas, and Beverly Hills’ Rodeo Drive, Amancio Ortega invested $1 billion within four months (December 2013 to March 2014). Amancio Ortega is the world’s third-richest person and is extremely publicity shy. The fast-fashion empire would have been impossible to build unless Ortega has ripped up the traditional haute couture business model to replace it with his own unique one, refined over decades. Ortega is so notoriously publicity shy that before his public appearance in 2001, hardly anyone outside his close circle had seen him. He is also on the board of Industria de Diseño Textil SA (former Director). Save. Amancio Ortega was born on 28 March 1936 in Busdongo P Arbás, León, Spain, to Antonio Ortega Rodríguez and Josefa Gaona Hernández According to the legend, Amancio Ortega’s habit is to behold young people’s lifestyles to reproduce relevant, innovative designs at Zara. He is the richest person in Europe and the wealthiest retailer in the world. Amancio Ortega Gaona. He never visits resorts for millionaires, Greece being his rare vacation choice. At Stradivarius and Massimo Dutti, new garments arrive on Tuesdays and Thursdays. On the day of Inditex’s public offering in 2001, Ortega reportedly worked a regular schedule and ate lunch in the company’s cafeteria—despite the fact that his net worth had risen by $6 billion. By signing up for this email, you are agreeing to news, offers, and information from Encyclopaedia Britannica. Along with the career similarities, Amancio Ortega and Marta share horse riding a hobby, the loving father purchased an equestrian center in Galicia, Spain. Amancio Ortega Gaona was born on March 28, 1936 (the beginning of the Civil War in Spain) in Busdongo de Arbas, a small village with less than 100 citizens located in the northern Spanish region, León. In 1966, Amancio Ortega married Rosalía Mera. He is the founder and former chairman of Inditex fashion group, Zara falls under its chain. Its high street competitors are known only for fashion, as opposed to Zara, which is also associated with its distinct style, a feature attracting privileged 45+ demographic with its vast disposable income. According to FamousDetails, he was born in the Year of the Rat.Founder of the Inditex fashion group that included chains such as Zara. Amancio Ortega is a founder of ZARA brand. Amancio Ortega Gaona Mobile Number, Phone Number , Email ID, House Residence Address, Contact Number Information, Biography, Whatsapp, and More possible original information are provided by us here. Their clothing business was the only affair they were busy with. Today, Zara has 6,200 stores spread in 70 different countries. However, those brutal schedules, the fashion industry has never attempted to keep to, are not always flawless. In an era in which most clothing manufacturers outsourced production to China and other low-cost locations, Inditex produced two-thirds of its garments in Spain and surrounding countries. Amancio Ortega Gaona is Chairman/CEO at Gartler SL. Amancio Ortega Gaona, né le 28 mars 1936 à Busdongo de Arbas (province de León, Espagne) est un homme d'affaires espagnol, créateur de la marque de vêtements Zara et fondateur du groupe textile international Inditex. It is not a coincidence that Inditex stores enjoy a loyal land proprietor, who never increases the rental cost. As soon as sales staff discovered that the latest preferred cream color, the white ones were withdrawn, and the model reissued in cream tones, which in turn was a success. However, in 1986, Amancio Ortega divorced Rosalía Mera. In 2011, bidding with Tishman Speyer, the owner of London’s Tower Place, Rockefeller Center, and the Chrysler Building, for the 43-floor Picasso Tower, Madrid’s famous office building, Amancio Ortega won. As a youth in A Coruña, in northwestern Spain, Ortega gained an entry into the garment business by working as a delivery boy for a men’s shirt store and as an assistant in a tailor’s shop—jobs that exposed him to the costs of manufacturing and delivering clothing directly to customers. Such acquisitions are usually made through Pontegadea Inmobiliaria and Pontegadea Inversiones, Ortega’s real estate holdings. It is a known fact that the overall amount of pictures with Amancio Ortega, who has been avoiding the limelight during his whole life, cannot amount even 200 ones. Amancio Ortega, première fortune d’Espagne, confie la gestion du groupe Inditex à son bras droit Pablo Isla. Amancio Ortega Gaona es el Presidente y fundador de Inditex, el inició su camino profesional en el comercio textil en España. www.linternaute.com/actualite/savoir/06/milliardaires/amancio-ortega.shtml Amancio was responsible for developing new fashion trends, Antonio (his brother) was heading the commercial issues, Josefa (his sister) was responsible for bookkeeping, and Rosalía Mera Goyenechea (January 28, 1944 – August 15, 2013) was performing as his business partner. Amancio Ortega Gaona You must appear three times in the newspapers: when you are born, when you get married, and when you die. Według magazynu Forbes” jest drugim najbogatszym Europejczykiem, a szóstym według listy najbogatszych ludzi świata z majątkiem szacowanym na 70 mld USD. Amancio Ortega Gaona was born on March 28, 1936 (the beginning of the Civil War in Spain) in Busdongo de Arbas, a small village with less than 100 citizens located in the northern Spanish region León. Being a prime property owner, Amancio Ortega rents them to his Zara stores and correspondingly performs as his fashion business’ landlord. Established in 2001 by Amancio Ortega Gaona, the foundation holds a 60 percent stake in Inditex, the global fashion retailer Ortega created with his wife, who died in 2013. He is so successful due to his distinctive personality traits, which include mind flexibility, workaholism, and profound self-confidence. Your Reading list. Il s'est aujourd'hui aussi diversifié dans l' hôtellerie (la … Get exclusive access to content from our 1768 First Edition with your subscription. The reason for that was a complaint from the owner of a bar located nearby and called Zorba. Born into poverty, Ortega Gaona has accumulated enormous wealth, modesty, and openness, remaining his main personality traits. In 2012, Ortega asked the vice president of Inditex, Pablo Isla, to take his place of Inditex’s CEO. Jego ojciec był kolejarzem. Add ... Amancio Ortega set to buy London’s Post Building. To save their customers from identically dressed fashion twins, Zara never reproduces its hits. He is the second richest person in the world just behind American billionaire Bill Gates, with a net worth of USD $78.6 billion. Shortly after, he found a job as a shop hand for a local shirtmaker called Gala, which still sits on the same corner in downtown A Coruña. Marta is very close to her father; similar to Ortega’s experience, she has undergone her professional training at Inditex, starting from the lowest level of a store employee. He is currently 84 years old. Named after Ortega and his first wife’s favorite movie, the store soon changed the name Zorba into Zara. The world’s population was and there were an estimated babies born throughout the world in 1936, Franklin D. Roosevelt (Democratic) was the president of the United States, and the number one song on Billboard 100 was [Not available]. Seduced by the state-of-the-art collections, which are meticulously cut and tailored in countries with strong traditions of sewing, famous Zara clients include Queen Letizia of Spain, the Duchess of Cambridge, Michelle Obama, Mary Berry, Olivia Palermo, Alexa Chung, Katie Holmes, Samanta Cameron, January Jones, etc. See Amancio Ortega Gaona's compensation, career history, education, & memberships. The Man from Zara: The Story of the Genius Behind the Inditex Group, the latest authorized biography of Amancio Ortega written by Covadonga O’Shea. He is the founding chairman of the Inditex fashion group.. Two key ideas of this business model are to give customers what they want quickly... Integrated Confecciones GOA into a family company richest person in Europe, according to Forbes as.! London in 1998 operate faster the fast-fashion concept was so popular with customers Zara. I am the property of my business, not the reverse 4,000 stores in 70 different countries Ortega is! 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