Case # 4 – Zara Zara is the flagship company of Inditex‚ an international clothing retailer. Zara began its business as a small retail store in Spain founded by Amancio Ortega Gaona in 1975. In the following decades Zara has grown to nearly 450 store location in 29 countries by the year 2000. Zara consistently accounts for more than 80% of Inditex’s net sales as indicated by Figure 1; linking the success of Inditex to the success of the strategies of Zara. Figure 1 Inditex Net Sales by Concept
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Zara Case: Fast Fashion from Savvy Systems a gallaugher.com case provided free to faculty & students for non-commercial use © Copyright 1997-2008‚ John M. Gallaugher‚ Ph.D. – for more info see: http://www.gallaugher.com/chapters.html Last modified: Sept. 13‚ 2008 INTRODUCTION The poor‚ ship-building town of La Coruña in northern Spain seems an unlikely home to a techcharged innovator in the decidedly ungeeky fashion industry‚ but that’s where you’ll find “The Cube”‚ the gleaming‚ futuristic
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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. Zara owns
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INFRASTRUCTURE DEVELOPMENT V/S RURAL ECONOMY Infrastructure is of great importance for an economy and without developing of proper infrastructure no country can ensure its economic growth. The development of infrastructure in any economy is directly related to the economic welfare of its people. Rural infrastructure includes the roads‚ finance‚ transport‚ electricity‚ communication and warehousing. In the context of the Indian economy‚ infrastructure is of key significance
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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 2006‚ the group overtook Sweden ’s Hennes & Mauritz (H&M)
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HBR Case Review: Can You Say What Your Strategy Is? David J. Collins & Michael G. Rukstad Issue: * Executives cannot articulate the objective‚ scope and advantage of their business in a simple (35 word) statement. Supported By: * Leaders assume that strategic planning process will be communicated succinctly and ensures success. Proposed Solution: * Leaders must draft a simple‚ clear‚ succinct strategy statement that everyone can internalize and use as a guiding light
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Introduction Zara is one of the largest international fashion companies. It belongs to Inditex‚ one of the world’s largest distribution groups. According to its official website‚ Zara treated the customer as the heart of unique business model. Ryanair is one of the world’s favorite airlines operating over 1‚500 flights per day from 51 bases on 1‚500 low fare routes across 28 countries‚ connecting over 168 destinations. Zara and Ryanair have been a great success in their own industry. Both
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1. What qualities do we see in George Murchison at the beginning of this scene that Beneatha might not like? Explain. George Murchison is a man that does not like to talk a whole lot and hates the emotional aspects of a relationship. These are characteristics that Beneatha might not like‚ since she is a very social person that loves to converse about anything. Plus‚ Beneatha may not like that George is more concerned about how she looks rather than her personality. 2. When Mrs. Johnson says‚
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track July 2013 Strategy e module Assignments: Due dates: please check the dates on the course’s web page. Time’s Spain’s Time Zone Template: Use the present document Save it as a word file (NO PDF!) Remember: uplodad the file using the following format: ESADE_MIP_STR_A#number_YourName_ YourFamilyName_201207dd Double spacing and Arial Narrow 14 font size Question/s: write the question to be answered here 3. What new insight/s does Mintzberg bring in? Do you agree? Or not? Why
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Design As the flagship brand of Inditex‚ Zara possesses a large amount of capital for investment in product design. Moreover‚ the young but capable designers in Zara have the sensitivity to capture the newest trendy style. They are the typical air traveler busy shuttle back and forth all kinds of fashion shows and trade fairs in Paris‚ New York‚ London‚ and Milan‚ from which they can get inspiration and recognize the fashion trend accurately. Therefore‚ Zara could rapidly design and release fashion-sensitive
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