Zara Case Management 454 3/20/14 Founded in 1975 by Armancio Ortega‚ Zara is a very successful Spanish clothing and accessory realtor and the first business to start the Inditex Group empire. Starting in a small Galician city known as La Coruna in Spain‚ Zara has grown to be a retailer powerhouse with over 6‚000 stores in 85 different countries. Although the number of stores and locations is constantly changing as Zara is known to open more than a store a day in past
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The Golden Ratio Body‚ art‚ music‚ architecture‚ nature – all connected by a simple irrational number – the Golden Ratio. According to Posamentier & Lehmann in their work The (Fabulous) Fibonacci Numbers‚ there is reason to believe that the letter φ (phi) was used because it is the first letter of the name of the celebrated Greek sculptor Phidias (490-430 BCE). He produced the famous statue of Zeus in the Temple of Olympia and supervised the construction of the Parthenon in Athens
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brands into their products’ portfolio creating the “Pull & Bear” brand and acquiring Massimo Dutti. After this they followed the same expansion strategy‚ creating new brands such as Lefties; Bershka; and also acquired their main competitor‚ “Stradivarius” (1999). Nowadays the Zara and Inditex group is considered as a multinational corporation‚ which could be defined as an enterprise which owns or controls their production and services facilities outside the country in which they are based. The
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A Stradivarius is a violin that is worth thousands of dollars.... sadly‚ mine isn’t one. Not many people know very much about the violin and there is a lot to learn about it. Now just imagine a world without the violin. You may not like classical music‚ but just think about how an orchestra would sound without one. It just wouldn’t be the same‚ right? Most people seem believe that violins are only in orchestras... which is wrong‚ they are used in bands for all kinds of music. Every violinist needs
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Textil‚ S.A. (Inditex) is a quoted company at the head of a prestigious group of firms whose main activity is fashion distribution on an international scale. The Group comprises eight chain stores - Zara‚ Massimo Dutti‚ Pull and Bear‚ Bershka‚ Stradivarius‚ Oysho‚ Zara Home and Uterqüe - with a total of 4‚278 shops in 73 countries. Most Inditex business takes place in Europe‚ where over 80% of sales are transacted. The Group also includes other companies linked to different activities related to
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Abstract Zara has been operating in Europe since the year 1975. This paper includes a study of the strengths and weaknesses of Zara Company supply chain management system. It divides the supply chain process into three distinct phases. It shows how the company has managed to embrace technology to deliver its products to customers in real time. The paper also contains a comparison between Zara and its main global competitor in the market. The paper concludes by outlining some of the challenges the
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Legal‚ Political‚ Ethical Dimension - Week 5 Midterm 1. Question : TCO B. After the 2010 fall election‚ the Democratic National Committee (DNC) decides to take matters into its own hands. During the lame duck session‚ they pass a new "Elections Are Free Act" that requires single people who make more than $75‚000/year or married couples who make more than $150‚000/year to provide a copy of their tax return to their local county officials before being allowed to register to vote. The return must
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“ INDITEX GROUP – ARE ITS “FAST FASHION” RESULTS SPEEDING UP AGAIN AFTER RECENT SLOW DOWNS ? ” This case study has been written exclusively for use on the course Strategic Financial Management FINA 1035 at Greenwich University Business School and its partner institutions. It is to be used exclusively for this purpose. No part may be copied ‚ emailed or reproduced for any other purpose other than stated above. Much of the data and material included in the case study is taken from the annual reports
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Introduction This case discusses the unique supply chain management practices of Spanish garments retailer Zara‚ which enabled it to gain competitive advantage over other fashion retailers in the world. Zara’s vertically integrated supply chain system enabled the company to place the latest designs in any store across the world within a period of two to three weeks. The company produced garments as per the latest trends in a limited quantity. Zara introduced 12‚000 designs every year‚ with new
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more than 4000 stores around the world and generates more than 85 000 jobs. Its headquarters are located in Arteixo in the North of Spain where most of the production is done. The group owns 8 brands: Zara‚ Bershka‚ Massimo Dutti‚ Pull & Bear‚ Stradivarius‚ Oysho‚ Zara Home and Uterque. For each of these brands the group designs and produces most of the collections‚ and the clothes are shipped twice a week in the stores. One of the key factors of success of Zara is its adaptability to the market
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