How Inditex became global: from local to global Established in 1975 in A Coruña (North – Eastern Spain) by Amancio Ortega‚ Inditex has grown rapidly to become one of the largest fashion retailers in the whole world competing with the American Gap and the Swedish Hennes & Maurizt (H&M). “In addition to Zara‚ the largest of its retail chains‚ Inditex has another seven commercial formats: Bershka‚ Stradivarius‚ Massimo Dutti‚ Oysho‚ Pull and Bear‚ Skhuaban and Zara Home (all of the targeting different
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Operational Performance Assessment at Inditex Group Statescu Victor (victor_dreadknight_2006@yahoo.com) Professor: Purcarea Irina Teodorescu Florian Andrei (tzoppy_2004@yahoo.com) Vulpescu Victor-Emanuel (victor_joola@yahoo.com) Tanase Valentin-Stefan (valentin.tanase.89@gmail.com) Group 137 FABIZ English 3rd year Strategic and Operational Performance Assessment at Inditex Group 1.)Introduction The Inditex Group (Spanish: Industrias de
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The Inditex Group | Spain’s Global Competitiveness | | | | 10/15/2011 | | Company Overview Inditex Group‚ headquartered in Al Coruna‚ Spain‚ is one of the world’s largest fashion retail companies. Amancio Ortega Gaona found Inditex in 1963. The group is made up of over 100 companies operating in textile design‚ manufacturing and distribution. It owns eight retail fashion stores including Zara‚ Zara Homes‚ Pull & Bear‚ Msssimo Dutti‚ Bershka‚ Stradivarius‚ Oysho and
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PEST ANALYSIS The global apparel market is a consumer-driven industry. Also‚ globalization and new technologies have allowed consumers to have more access to fashion. As a result‚ consumers are changing‚ competition is fierce‚ and companies are evolving to meet these demands. The company was founded in 1975 by Amancio Ortega in Spain. Trendy clothing brand Zara is known around the world for dressing men‚ women and children in a sexy retail environment that feels a lot more expensive and exclusive
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Financial analysis Inditex group is not affected by the economic crisis : There is an increase in profits in the past 5 years ; Spain is totally affected by the crisis but Inditex is number one in the sector of fashion with 8‚1 billions € of sales from the beginning of the year (2014). And the almost nonexistence of debt since the creation of the group shows that Inditex group is a strong company that is right with its longterm strategy. MidSeptember 2014‚ it was noticed a decrease in the benefits of 2
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Executive summary The main objective of this thesis is to determine the value of Inditex´s share by conducting own valuation. Over the recent years‚ Inditex has demonstrated remarkable growth and continuously been expanding its operations year after year. Furthermore‚ Inditex has had a continuous increase in share value since being publicly listed in the Madrid stock exchange in 2001‚ until mid of 2007. However‚ from 2007 until today‚ the share price has plunged from 51 EUR to 25 EUR. Experts seem
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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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INDITEX GROUP Inditex is a fashion retrailer company maded up of more than 100 companies working in the fashion and manufacturing market. Some of the most famous brands that it includes are : Zara‚ Pull & Bear‚ Massimo Dutti‚ Bershka‚ Stradivarius‚ Oysho‚ Zara Home and Uterqüe. The company has 5.618 stores in 84 markets all over the world. The chairman of Inditex‚ Amancio Ortega Gaona‚ started working as a designer from late 70’s. The first Zara’s store was opened in 1975‚ ten years later
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What do you think is better nowadays? 4 - Why Inditex and Zara is a paradigmatic example of market orientation? 4 - What does “chain value” mean? How is the Zara chain value (i.e. how do Inditex and Zara create value?) 5 - What does “competitive advantage” mean? Which is the competitive advantage of Zara and how is it implemented? 5 Case preparation - Write a brief synopsis of the company background In 1973 Amancio Ortega Gaona‚ Inditex Group’s president and main shareholder‚ created
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The Inditex Group Inditex‚ Industrias de Diseño Textil SA‚ is a group of almost one hundred companies dedicated to the different activities encompassed by the business of designing‚ manufacturing and distributing textile goods. The Spanish company was founded by Amancio Ortega‚ who remains the company’s biggest share holder‚ in 1975 and started off as a family business. The group’s achievements‚ together with the uniqueness of its business model which is based on innovation and flexibility
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