David Llacuna Ferrer (2011950089) Index 1. Inditex Group 1.1 Inditex 1.2 Share information and ownership 1.3 Inditex portfolio 2. Competitors 2.1 H&M 2.2 Uniqlo 2.3 GAP 2.4 Benetton 3. Inditex in South Korea 3.1 Entry strategies 3.2 Entry strategy in South Korea 3.3 Lotte 3.4 SWOT analysis 3.5 Inditex in Asia 4. Bibliography 1. Inditex Group 2.1 Inditex Inditex is a large Spanish multinational and nowadays is the largest fashion group‚ above
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model from its beginnings. The company Zara was founded in 1975 by its current major stockholder‚ Armancio Ortega‚ and was aimed at women‚ men‚ and children. It is affiliated to other clothing brands including Massimo Dutti‚ Pull and Bear‚ Bershka‚ Stradivarius‚ and Oysho‚ all part of the Infitex corporation. From its starting roots‚ Zara has managed to set themselves apart from their competition‚ by believing strongly in their employees‚ and having a strong‚ decentralized hierarchy of power. Store managers
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It was the firt time that I saw so many people ; it was the first time that I felt so alone". Moreover‚ the same happens in the United States too. A very interesting experience took place in the Washington subway. Indeed‚ a famous violonist‚ Stradivarius virtuoso‚ solicited by the most famous concert halls‚ Joshua Bell‚ played Bach and Schubert‚ after disguising his famous face. Violin case open before him‚ he begged the charity of passers. Nonetheless‚ almost none paid attention to him. People
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Coruña Spain with companies under the name of Zara are located in the areas listed below. Inditex sells on a global scale‚ with 4‚900 shops in about 75 countries under different names such as Zara‚ Oysho‚ Massimo Dutti‚ Pull and Bear‚ Bershka‚ Stradivarius‚ Zara Home‚ and Uterque. Inditex reported that for 2014 sales they made $22.76 billion with a one year sales growth. Their net income was $3.24 billion which was a one year net income growth. Their total assets were $18.72 billion with a market
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clothing and accessories retailer based in Arteixo‚ Galicia‚ and founded in 1975 by Amancio Ortega and Rosalía Mera. It is the flagship chain store of the Inditex group; the fashion group also owns brands such as Massimo Dutti‚ Pull and Bear‚ Uterqüe‚Stradivarius and Bershka. It is claimed that Zara needs just two weeks[1] to develop a new product and get it to stores‚ compared to the six-month industry average‚ and launches around 10‚000 new designs each year. Zara has resisted the industry-wide trend
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a small workshop in A Coruña‚ since then its progress has been remarkable. Today‚ Inditex (Industria de Diseño Textil‚ SA) has become an international fashion retail composed of six business units: Zara‚ Pull & Bear‚ Massimo Dutti‚ Bershka‚ Stradivarius and Oysho. Its organizational structure consists of several departments‚ corporate headquarters‚ the six business units mentioned above and a number of areas of support or functions shared by all business units. Corporate departments take on functions
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Reflection on Eisner In this article‚ Eisner says that “the mind is conceived of as a collection of relatively independent faculties and aptitudes. I completely agree with this statement‚ the only thing that I have against it is that he does not state that these aptitudes are different for everyone. I believe that it is these differences in aptitudes that make everyone think differently. Nobody thinks the same way‚ everyone answers questions differently and that is because of these aptitudes. This
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CLICK TO DOWNLOAD MGMT 520 MIDTERM EXAM 1. (TCO B). Infuriated when Harry Reid is re-elected during the 2010 fall election‚ the Republican National Committee decides to take matters into its own hands. In 2011‚ the House of Representatives passes a new "Freedom isn’t Free Act" that requires that anyone who wants to vote in the 2012 presidential election must prove that they paid at least $200 in federal income tax in the past year‚ including people aged 18 (who typically are deducted on their
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made up of more than 100 companies operating in textile design‚ manufacturing and distribution. Inditex operates over 5.693 stores in 85 markets. The best well-known brands are: Massimo Dutti‚ Bershka‚ Oysho‚ Pull and Bear‚ Zara‚ Zara Home and Stradivarius (Official website of Zara‚ 2012). Amanico Ortega Gaona‚ CEO‚ founder‚ and Spain’s richest man founded Zara in 1975. Zara’s first store was in la Coruna where the headquarters now lay and featured lower priced lookalikes of high end‚ popular products
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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 Uterque. According to its website the company attributes its success to a “unique business model based on innovation and flexibility” and an approach to fashion that embraces “creativity‚ quality design and rapid turnaround to adjust
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