Respected teacher‚ fellow classmates‚ Today I’m going to be talking about a famous entrepreneur known for being the founder of Zara‚ a famous fashion retail outlet‚ I’m sure you all‚ as girls‚ have heard of. Her name was Rosalia Mera‚ a Spanish woman born in La Coruna. Daughter of a father who worked at an electricity company and a mother who ran a butcher’s shop‚ Mera was brought up in the working-class district of Monte. Amid the post-civil war poverty‚ Mera left school aged 11 to work at
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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 sales‚ Inditex is changing
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French connection also famously known from the logo ‘FCUK’ is a prominent global brand that caters to fashion clothing‚ home wear and accessories. It was founded by Stephen Marks (Chairman and the chief Executive of FCUK at present in 1972 London‚ UK. In 1962 he invested £25‚000 capital in starting the company. His main object was to excavate the reasonably intact resources in Hong Kong that provided low cost and high quality production/ manufacturing. Little did the company know that the dilemma
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“Zappos” Zappos Zappos was founded by Nick Swinmurn in 1999. The initial inspiration came when he couldn’t find a pair of brown Airwalks at his local mall. That same year‚ Swinmurn approached Tony Hsieh and Alfred Lin with the idea of selling shoes online. The company was officially launched in June 1999‚ under the original domain name "ShoeSite.com. A few months after their launch‚ the company ’s name was changed from ShoeSite to Zappos so as not to
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4. Compare M&S’s approach to that of Inditex‚ Zara’s parent company After both M&S and Inditex experienced early success‚ they headed for international expansion. With heightened competition at the international level both companies relied on their value chains to stay ahead of the game. M&S struggled in the 90’s‚ however worked their way out of the hole they had dug by emphasizing the importance of technology along with a concept Simon Marks brought over from the American chain
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Beatrice Kogg Responsibility in the Supply Chain Interorganisational management of environmental and social aspects in the supply chain Case studies from the textile sector Doctoral dissertation the international institute for industrial environmental economics Lund University‚ Sweden IIIEE DISSERTATIONS 2009:2 Responsibility in the Supply Chain Interorganisational management of environmental and social aspects in the supply chain Case studies from the textile sector
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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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The role of market orientation on company performance through the development of sustainable competitive advantage: the Inditex-Zara case Andres Mazaira  University of Vigo‚ Oureuse‚ Spain E. Gonzalez  University of Vigo‚ Oureuse‚ Spain Ruth Avendano Ä University of Vigo‚ Oureuse‚ Spain Keywords Market orientation‚ Competitive advantage‚ Clothing industry‚ Organizational culture Abstract This paper has been developed as a part of research seeking to verify the effects of organisational
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Discussion Question 6 For its Zara brand‚ Inditex manufactures the majority of the garments sells and undertakes all of its own distribution from manufacturing plants to its directly managed retail outlets. Benetton outsources most of its production and most of its retail outlets are owned and operated by franchisees. Which is a superior system? Even though one might believe that the system used by Benetton and such other collections such as GAP is superior due to the lower labor costs by the outsourcing
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do comparisons indicate about Inditex’s relative operating economics? Its relative capital efficiency? We think H&M’s financial results are the most interesting one to compare with Inditex’s. H&M is the most important and largest competitor of Inditex and due to their similar background‚ both being large international European apparel brands and offers fashionable clothing with in season style. We have notice and quoted from Exhibit 6‚ their net operating revenues‚ aka their sales‚ are more
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