Inditex From: FT 75782136 Subject: Analysis of Problems affecting Zara Date: 2003 Summary Zara is the flagship retail brand of Inditex group and represented 78% of the total revenue generated in the year 1999. The Inditex group has 1080 stores worldwide out of which 64.1% stores in Spain contributed 48% of revenues and the remaining 35.9% stores located in foreign markets contributed 52% revenues in the Year 2001. Out of all the labels of Inditex‚ Zara has been the major contributor of revenue
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Using PESTEL analysis to understand the macro-environment that impacts the Banking Industry in China. Political Factors • China has a socialist political system • China has entered into the WTO and as part of the commitment to open up the banking industry‚ has issued the Rules for Implementing the Regulations Governing Foreign Financial Institutions in the People’s Republic of China ‚ which allows Foreign financial institutions to provide foreign currency services to Chinese enterprises
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(Low to Medium) * New entrants will have to deal with high and large fixed cost * incentive because of profitability of zara * newest fashion at an inexpensive price * Zara as part of the Spanish Inditex Group‚ can benefit from the micro-economic concept of the Economies of Scale. Hence it gains cost advantages as production (scale) increases * Zara is operating within the market of “fast fashion” hence size as well as economic efficiency matter. Inditex’s superior supply chain
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Background From a renovated gas station in Burlington‚ Vermont‚ to far-off places with names we sometimes mispronounce‚ what began over 30 years ago with 2 guys creating otherworldly ice cream flavors has turned into a tastebud-boggling odyssey of Ben & Jerry’s desserts served around the world. As for the 2 guys who started it all‚ their story starts way before that: Ben Cohen and Jerry Greenfield grew up in Merrick‚ Long Island. They first met in junior high school‚ where they struck up a
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4.1.1 PESTEL Analysis This part of the dissertation will analyze main political‚ economic‚ social‚ technological‚ environmental and legal issues within the Russian Federation. All of the Interviewees outlined the political aspect as the most important when investing into Russia‚ however the Author would like to acknowledge that the economical and legal factors have a critical weight in the issues of FDI‚ therefore their analysis will play a comprehensive role in the thesis‚ assuming that the initial
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to BusinessWeek‚ "Zara was a fashion imitator. It focused its attention on understanding the fashion items that its customers wanted and then delivering them‚ rather than on promoting predicted season’s trends via fashion shows and similar channels of influence‚ which the fashion industry traditionally used." 5 Zara‚ the fashion retail chain‚ is a subsidiary of Inditex Group owned and managed by Spanish tycoon Amancio Ortega. Inditex includes several major brands‚ namely‚ Zara‚ Massimo Dutti‚ Pull
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PESTEL Political & legal factors: Tobacco products are the most taxed goods in the world. Their taxes often exceed half of the retail price generating huge overcome for governments. Philip Morris sells its products in over 160 countries‚ operates in approximately 90 markets including Argentina‚ Algeria‚ Australia‚ Austria‚ Belgium‚ Canada‚ Colombia‚ the Czech Republic‚ Finland‚ France‚ Germany‚ Greece‚ Hungary‚ Indonesia‚ Italy‚ Japan‚ Kazakhstan‚ Mexico‚ the Netherlands‚ the Philippines‚ Poland
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PESTEL analysis Motivation of method It is of great importance to make an analysis of the environment in which an organisation operates in order to develop and implement a suitable‚ successful strategy for the company. According to Johnson‚ Scholes and Whittington (2008) the business environment of a company is an important issue determining its survival and success. There are several layers of this business environment – the macro environment‚ the industry or sector layer‚ the layer with competitors
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2. External analysis According to Marcus & Van Dam influence external factors an organization‚ whether an organization can only limited influence external factors. Therefore is important to analysis the external factors of a company‚ as they have to be informed about the macro environment in which they cooperate. The macro environment includes the external factors environmental‚ technological‚ economical‚ social‚ political‚ cultural‚ demographical‚ regulatory‚ general competitive and legal
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2012 Zara Marketing Audit MBA-USQ 11: MKT5000 University of Applied Sciences Zurich (HWZ) Switzerland Supervised by: Prof. Richard Beswick Anja Anastasja Keller U1028905 23.08.2012 MBA-USQ 11: MKT5000 Written Assignment I: Zara Marketing Audit‚ Anja Anastasja Keller‚ U1028905 Executive Summary Zara is a publicly listed company and belongs to the Inditex Group‚ founded by Amancio Ortega in 1975 in Spain. Zara always continues to bring excitement to fashion and fulfils customer
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