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Zara founder Ortega takes dividends worth 29,444 crore for the first time

The world's 14th richest man, Amancio Ortega is the Founder of Inditex, a spanish fashion company which owns Zara, among other luxury fashion brands.

This is the first time that Ortega's dividends have crossed the €3 billion threshhold.
Updated on Mar 12, 2025 11:03 PM IST

Zara’s 3 crore/month rent in Mumbai building stuns internet as it shuts store

The iconic store in Mumbai, which opened in 2017, was Zara's sixth in Mumbai and 20th in India.

Zara's iconic store in Mumbai shuts down after eight years. (Bhushan Koyande/HT Photo, Screengrab)
Updated on Feb 25, 2025 03:55 PM IST

Zara was paying 3 crore monthly rent for iconic Mumbai store

Zara has closed its flagship store in South Mumbai due to unsustainable rental costs of ₹36 crore annually. 

Zara leased in the space in 2017, for an astonishing <span class='webrupee'>₹</span>2.25 crore per month in rent.(Bhushan Koyande/HT Photo)
Published on Feb 25, 2025 03:29 PM IST

Clothing brand Zara can’t afford its store at Fort anymore

On Monday, a sign at the store’s doorstep stated, ‘Please be informed that this Zara store will cease operations after the end of business on 23rd February…’

Despite leasing the entire ground and five-storied building, the company utilised only three floors to sell clothes, leaving the rest vacant . (Bhushan Koyande/HT Photo)
Published on Feb 25, 2025 08:04 AM IST

Who is Zara Dar? The Texas-based engineer who quit PhD to become OnlyFans model

Here's everything you need to know about Texas-based YouTuber Zara Dar, an ex-PhD student and STEM advocate, who quit academics for OnlyFans, earning $1 million

Zara Dar is a texas-based engineer who quit phd and became a content creator for Only Fans
Updated on Dec 24, 2024 04:19 PM IST
BySamarth Goyal
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