Executive Summary: Zara is an apparel chain owned at operated by the Inditex of Spain. It was founded by Mr. Amancio Ortega Gaona; currently Spain’s richest man. Zara specializes in fast fashion. At the end of fiscal year 2001 Zara was operating 1‚284 stores world wide and had total revenue of 3‚250 million. Inditex’s headquarters and its major assets are located in the Galacia region of Spain. Inditex also operates five other chains: Massimo Dutti‚ Pull and Bear‚ Bershka‚ Stradivarius and Oysho
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market. Some of the most famous brands that it includes are : Zara‚ Pull & Bear‚ Massimo Dutti‚ Bershka‚ Stradivarius‚ Oysho‚ Zara Home and Uterqüe. The company has 5.618 stores in 84 markets all over the world. The chairman of Inditex‚ Amancio Ortega Gaona‚ started working as a designer from late 70’s. The first Zara’s store was opened in 1975‚ ten years later Inditex was founded as an holding company. From 1996 Inditex started acquiring other companies which are included in the group nowadays
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PRESS DOSSIER PRESS DOSSIER The first Zara store opened in 1975 in A Coruña (northwest Spain)‚ where the Group’s business began and where it is still headquartered. Inditex Group stores are today found in all of the world’s major cities‚ always in major shopping areas. Inditex has been listed on the Spanish Stock Exchange since 23 May 2001‚ following an IPO which generated great interest among investors worldwide‚ with shares some 26 times oversubscribed. Inditex shares are also quoted
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Essay Question 1: To what extent do you agree with Dewey’s remark? The term education is derived from Latin‚ word ‘educere’‚ ‘educare’ and ‘educatum’ which means to ‘to learn’ ‚ ‘to know’ and ‘to lead out’. Education is the process of receiving or giving systematic instruction‚ especially at a school or university: a course of education‚ the theory and practice of teaching. A body of knowledge acquired while being educated. In some occasions I would personally say that I am not always learning
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Press dossier Press dossier the Group Inditex‚ one of the world’s largest fashion distributors‚ has more than 4‚780 stores in 77 countries in Europe‚ the Americas‚ Asia and Africa. In addition to Zara‚ the largest of its retail chains‚ Inditex has other commercial formats: Pull and Bear‚ Massimo Dutti‚ Bershka‚ Stradivarius‚ Oysho‚ Zara Home and Uterqüe. The Group also includes more than a hundred companies associated with the different activities in the business of textile and fashion
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how do Inditex and Zara create value?) 5 - What does “competitive advantage” mean? Which is the competitive advantage of Zara and how is it implemented? 5 Case preparation - Write a brief synopsis of the company background In 1973 Amancio Ortega Gaona‚ Inditex Group’s president and main shareholder‚ created a company specialised in producing dressing gowns and underwear. Two years later he opened the first Zara store in La Coruña. The big growth of the company happened in the 90’s‚ when
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Listed stocks in 2001 03. Financing 2007 Sales 9‚435 Income 1‚250 Outlets 3‚691 Countries 68 Staffs 79‚517 Inditex 2006 8‚196 15% 1‚002 25% 3‚131 560 64 4 10‚240 10‚277 1 mil euro Innovator & Results Innovator Amancio Ortega Gaona Founder & President Global Sales Spain Europe America Sthers Inditex Pablo Isla CEO (2005~) • ZARA (www.zara.co.kr) Opened in A Coruna (1975) in Spain 1361 Outlets 200 designers 6‚264 sales (mil euro) Description
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Industria de Diseño Textil‚ S.A. (Inditex) is a Spanish multinational clothing company headquartered in Arteixo‚ Galicia‚ Spain. It is made up of almost a hundred companies dealing in activities related to textile design‚ production and distribution. Amancio Ortega‚ Spain’s richest man‚ and the world’s third richest man‚ is the founder and current largest shareholder. The current chairman of Inditex is Pablo Isla. Inditex operates over 6‚000 stores worldwide and owns brands like Massimo Dutti‚ Bershka‚
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in 2011. As of 2012‚ there are 100‚140 people working for Inditex Group across their headquarters and 6‚009 stores around the world. [1][2] Among those major 9 brands of Inditex‚ Zara‚ one of their oldest brands which was created in 1975 by Amancio Ortega‚ is definitely the most important contributor to the empire. With 1‚751 stores (not including Zara Home) around the world‚ Zara made a sales of €18.088 billion in 2010‚ which contributed 64.5% of Inditex the whole revenue for Inditex Group. [1][2]
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and Amazon Business Systems by Efstratiou Kostandinos 1. ZARA a. General. Zara is one of the greatest global fashion companies belonging to the Spanish retail group‚ Inditex SA. Its founder Amancio Ortega Gaona opened its first store in A Coruña (Spain) in 1975. During the 1980s Ortega started changing the design and distribution process to react to new trends quicker. In 1988 the company started its international expansion through Porto‚ Portugal. As of 2007‚ Zara stores provide men’s
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