CASE 3.4 Continued Growth for Zara and Inditex CIRCA 2008 ARTEIXO‚ Spain¡ªZara stores have set the pace for retailers around the world in making and shipping trendy clothing. Now Pablo Isla‚ chief executive of parent company Inditex SA‚ says Zara needs to speed up. As rivals catch up‚ Mr. Isla is attempting one of the fastest global expansions the fashion world has ever seen‚ opening hundreds of new stores and entering new markets. To do that‚ as an economic downturn threatens
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Continue Growth for Zara and Inditex Jacki DiSanto Cleveland State University Inditex ensure “fast fashion” is truly fast is logistics. Inditex makes two-thirds of its goods in Spain and nearby countries such as Portugal‚ Morocco and Turkey. The higher labor costs are offset by the flexibility of having production close to its warehouses and distribution centers‚ which are all in Spain. This saves on transportation with faster delivery times. The CEO Pablo Isla also installed a system that monitors
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Identification of Issues: Top management at Inditex‚ Zara’s parent company‚ must make the decision whether or not to upgrade the current IT system that they utilize‚ specifically their Point of Sales (POS) terminals in which they utilize in all their stores. Currently‚ the system that they use is based on a DOS operating system. In comparison to current technologies‚ DOS based applications are considered to be antiquated‚ although still in use by some organizations. Zara’s terminal vendor has assured
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Rubio Malo de Molina | [Case Study – ZAra] | Marketing Management – First Assignment | Contents Case preparation 3 - Write a brief synopsis of the company background 3 Questions to answer: 4 - Explain the evolution of fashion market (product‚ environment‚ target…). 4 - Which are the most important differences between “Marketing orientation” and “Market Orientation”? What do you think is better nowadays? 4 - Why Inditex and Zara is a paradigmatic example of market orientation
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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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clear that from the early 1990’s‚ Zara had begun to expand into the international apparel market and by the end of 2001 operated five hundred stores in over thirty countries (Exhibit 10). But now that most of the major markets had been exploited Inditex must consider the geographic location of its future Zara store additions that would ultimately have a great impact on the Inditex groups long-term success. Another key issue within this case is even while Zara are continuing to expand over different
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INDITEX INTERNATIONALIZATION PROCESS Author: Rocío Sánchez Heres Supervisor: Jens Vestergaard Aarhus School of Business MSc. in Finance & International Business February / 2007 TABLE OF CONTENTS ABSTRACT…………………………………………………………………………..3 1. INTRODUCTION………………………………………………………………..4 1.1. BACKGROUND……………………………………………………………..6 1.1.1. Inditex brief history……….…………….…………………………...7 2. REASONS BEHIND INDITEX INTERNATIONALIZATION………………9 2.1. DEFINITION OF INTERNATIONALIZATION……………..……………
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Giovanni Chirico HULT International Business School April 20‚ 2014 INDITEX GROUP Global Strategy - Abbey Road Executive Summary At the beginning of every successful business is a vision‚ strategy ‚ mission and values . Inditex he created a unique business model in the world that is characterized by speed‚ innovation and flexibility. What started as a small store‚ has become he No. 1 textile retailing worldwide. Inditex ‚ with its particular business model has revolutionized the fashion world
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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 on leading
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the business strategies or models adopted by the Inditex Group and to review whether this strategies will support its operation in accomplishing their future obligation. Furthermore‚ it aims to evaluate the strategic option of the organization in either from a corporate strategy view or strategic business unit (SBU) perspective that could be adopted by the Inditex Group. This report will also highlight the vision‚ mission and objectives of the Inditex Group Company. In addition‚ the report will go
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