Amancio Ortega Gaona – The Man Behind ZARA


wealthymattersThe youngest of four children, Ortega was born in Busdongo de Arbas, a hamlet of 60 people in northern Spain, in 1936, just as the Spanish Civil War was erupting. The family scraped by on his father’s railway job while his mother worked as a housemaid. When Amancio was a small boy, the family moved to La Coruña. wealthymattersThere, home was a row house that abutted the train tracks and that served, as it still does today, as the railway workers’ quarters. Amancio might have joined the rail service too, had it not been for one fateful evening when he was just 13. Walking home from his school, he and his mother stopped at a local store, where he stood by as his mother pleaded for credit. “He heard someone say, ‘Señora, I cannot give this to you. You have to pay for it,’He felt so humiliated, he decided he would never go back to school.

Barely in his teens, Ortega found a job as a shop hand for a local shirtmaker called Gala, which still sits on the same corner in downtown La Coruña. Today the store feels frozen in time: plaid shirts, fishermen’s caps, and woolen cardigans Gala’s owner, José Martínez, inherited the store from his father. He befriended young Amancio when they were both 14. The boys spent their afternoons folding shirts at Gala and riding bikes around town. Read more of this post

Hit The Malls!


July is traditional sale season in Mumbai.And this year the shopping is good.So take a trip to the malls and restock your wardrobe.Here’s a round-up of the discounts offered by various brands:

Wealthymatters

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