Category: Amancio Ortega Gaona

Corporate Tax Avoidance: Zara fashion brand owner amasses $10bn property empire

Corporate Tax Avoidance: Inditex, the Spanish owner of Zara, this week announced its first fall in annual profits in five years as the world’s biggest fashion retailer invested in stores while foreign exchange rates moved against it. However, Amancio Ortega Gaona, founding chairman of Inditex, with a stake of 60%...