entrepreneur Armancio Ortega Goana‚ founder of Inditex‚ now one of the world-leading fashion group with 8 well-known brands‚ $10 Billion in revenues‚ about 4000 stores and nearly 90000 employees. The group structure is designed as such to ensure a balance between a corporate-driven control‚ maintained to achieve coherent brand identities and culture across all stores worldwide‚ and autonomy of the essential entities of the group. As a result‚ Inditex centralizes at the headquarters strategy‚ brand
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Introducción Zara es una de las principales empresas de moda internacional. Pertenece a Inditex‚ uno de los mayores grupos de distribución del mundo. El cliente es el centro del modelo de negocio‚ que integra diseño‚ fabricación‚ distribución y venta‚ a través de una red de tiendas propias. Todos los procesos‚ desde la creación del producto‚ comparten el mismo objetivo: dar al cliente la moda que espera.1 Las tiendas Zara‚ con 1417 2 tiendas en 69 países‚ proyectan desde los escaparates‚ la
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CASE STUDY Zara The case describes how Zara‚ operating out of the Galician port of La Coruña in north-west Spain has managed to become a benchmark for speed and flexibility in the garment industry. The case offers an illustration of a fast-response global supply‚ production and retail network. In 2003 Zara was the only retailer that could deliver garments to its stores worldwide (507 in 33 countries) in just fifteen days after they were designed. It could do that because of its unique systems
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the city of Arteixo. The founders of the company are Amacio Ortega and Rosalia Mera‚ who first started the business I 1975‚ many years later the company grew into Inditex- one of the biggest fashion retailers internationally. Other Inditex group brands are Bershka‚ Massimo Dutti‚ Pull and Bear‚ Stradivarius and other‚ but Zara for Inditex is definitely the flagship brand of the group. Zara’s humongous growth started in the past decade‚ when it had around 450 stored in 29 countries offering 10’000
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value-oriented‚ given the economic realities of their daily lives." That’s upbeat news for giants like H&M‚ Inditex SA and Japan’s Fast Retailing Co. Ltd.‚ which have the potential to continue growing‚ thanks to geographic expansion and increased diversification into areas like online retailing and targeted lines‚ such as home goods. Citi analyst Richard Edwards said Inditex has low market share outside Spain and Portugal despite operating under eight banners — including the Massimo Dutti
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Zara is one of the largest international fashion companies which belongs to the Inditex Group operating in textile design‚ manufacturing and distribution. Inditex is known to be the most successful fashion retailers in the world. The Inditex Group is made up of more than one hundred different companies which each have helped gain the success of the group. The Fashion Companies owned by the group include Pull and Bear‚ Massimo Dutti‚ Bershka‚ Stradivarius and Zara being its Flagship chain store. The
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i; - Load (or Demand) of the store i‚ we get And finally The answer is (8;11). Zara’s Case Study Company Profile Zara is one of the largest international fashion companies with 1671 stores around the globe. It is a part of Inditex holding. Inditex is one of the world’s largest fashion retailers‚ welcoming shoppers at its eight store formats -Zara‚ Pull & Bear‚ Massimo Dutti‚ Bershka‚ Stradivarius‚ Oysho‚ Zara Home and Uterqüe - boasting 5.693 stores in 85 markets [www.inditex.com]
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working conditions”. Zara has created a science that works well for the company through their ability to efficiently perform and complete tasks. The parent company of Zara‚ “Inditex Group” has shortened the time from order to arrival by a complex system of just-in-time production and inventory reporting that keeps Zara ahead. Inditex also controls design‚ production‚ distribution‚ and retail sales to optimize the flow of goods without having to share profits with wholesalers or intermediary partners.
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Turning the Fashion World Upside Down 13 December 2007 Introduction ZARA is the flagship chain store for the Spanish Inditex Group owned by Spanish tycoon Amancio Ortega‚ who also owns brands such as Massimo Dutti‚ Pull and Bear‚ Stradivarius and Bershka. Today‚ Inditex is probably the world ’s fastest growing clothing retailer with over 3‚100 stores around the world in over 70 countries (more than four times the 2000 figure) the Zara format taking around 1‚000 of those stores. In March
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When it comes to market entry‚ the question now is what are the economic and political barriers that take effect on the strategy? 2. Company Profile Owned by Amancio Ortega‚ Zara‚ on the other hand‚ is a clothing company originated in Spain. Inditex Group‚ the parent company‚ claims that Zara needed just a couple of weeks to go through the development of a new product and get it to the stores‚ compared to that of six months which is the industry average. Zara
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