From Rags to Riches: The Evolution of Family Business
After fleeing Castro’s Cuba in the early 1960s, two branches of the Fernandez family settled in McAllen and started over again in the fabric business they knew so well. With little money for inventory, Jose Fernandez, who had owned La Elegante fabrics in Guantanamo, and his nephew Lazaro Fernandez Sr. opened Rio Bravo selling fabric remnants. Fifty years later, the second generation of the Fernandez families carries an in-depth inventory…