original strategy and its lightning growth: Zara. This apparel retailer belongs to the group Inditex‚ which also owns for example brands such as Massimo Dutti and Bershka. The company’s headquarters are in Corunna (Spain)‚ and was founded in 1975 by Amancio Ortega. The concept of Zara’s stores is to propose a wide range of clothes as well as underwear‚ accessories and shoes –and even recently‚ interior decoration with Zara Home. Stores can be compared to luxury shops in terms of lightening‚ display of collection
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2008 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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CASE STUDY : Multinational Outsourcing and CSR. Inditex: The worldwide outsourcing garment industry and social community development in Morocco “Intermón claims that pressures on foreign clothing suppliers are smothering employees. […] In Morocco‚ where Cortefiel‚ Inditex (Zara)‚ Mango and Induyco (El Corte Inglés) manufacture their products‚ a Tangier based textile factory sold a pair of slacks to large Spanish retailers for 3.3 euros three years ago; today‚ the same item sells for 2 euros
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Rosa: Most important facts Rot: References http://fashionista.com/2011/08/zaras-brazilian-factories-accused-of-child-labor-and-unfair-working-conditions/ Zara’s Brazilian Factories Accused of Child Labor and Unfair Labor Practices By LEAH CHERNIKOFF Thursday‚ Aug 18‚ 2011 / 12:34 PM Photos: Reporter Brasil An investigative report out of Brazil has found that Zara‘s Brazilian suppliers contracted with factories which subjected workers to hazardous “slave-like” working conditions
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Massimo Dutti. The last brand that the Group has created in Bershka for young disco-girls. This brand is very similar to the Stradivarius style (brand that Inditex acquired in October 1999) (El Correo Gallego Newspaper). History In 1973 Amancio Ortega Gaona‚
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Executive Su Zara is a Spanish clothing and accessories retailer based in Arteixo‚ Galicia‚ and founded in 1975 by Amancio Ortega and Rosalía Mera. Zara is a chain of stores Belonging to the Spanish fashion group INDITEX founded by Amancio Ortega Gaona. It is the company’s flagship chain and is represented in Europe‚ America‚ Africa and Asia with 1412 stores in 69 countries‚ 324 of them in Spain with the headquarters in La Coru;a. During 2007 it opened 560 stores across the group. Zara is committed
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ϖ Company 11 – Zara‚ Inditex ϖ Zara‚ the world largest clothing retailer brand that is part of the Inditex multinational clothing company which was created by Amancio Ortega and Rosalia Mera in 1974. They are based in the northwest of Spain. Currently‚ Zara has a total of 2‚000 stores in major cities around 88 different countries. They are acclaimed as a fast fashion company in the industry with more than two hundred professional designers within the creative teams. Zara’s products are diversification
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A network and flow explanation to Zara’ success Angel Díaz and Luis Solís Instituto de Empresa‚ Maria de Molina 12‚ 5°‚ Madrid 28006‚ Spain E-mails: angel.diaz@ie.edu; luis.solis@ie.edu Abstract Zara is a Spanish fashion manufacturer and retailer that has known swift success. Spaniards have become used to visiting Zara frequently‚ as there is always a new product. Zara launches 100 different collections every year‚ with over 11000 models‚ none lasting more than five weeks in production and with
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“ INDITEX GROUP – ARE ITS “FAST FASHION” RESULTS SPEEDING UP AGAIN AFTER RECENT SLOW DOWNS ? ” This case study has been written exclusively for use on the course Strategic Financial Management FINA 1035 at Greenwich University Business School and its partner institutions. It is to be used exclusively for this purpose. No part may be copied ‚ emailed or reproduced for any other purpose other than stated above. Much of the data and material included in the case study is taken from the annual reports
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Zara shop was actually the beginning of Inditex‚ with the rest of the group growing from the success of Zara. The Zara Company is a clothing provider for men‚ women‚ and children based out of Corunna‚ Spain. The first store was founded in 1975 by Amancio Ortega‚ who originally working as a retail employee. Zara’s unique take on manufacturing and supply took shape in the 1980’s‚ and has since led to success in the industry. Since its beginnings‚ the Zara Corporation has grown to a world wide
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