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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Economic Book Value (EBV) Capital Calculation – Operating Approach | Fluid Milk | Cultured | Ice Cream | Industrial | International | Asset | | | | | | Operating Cash | 1045 | 174 | 364 | 1225 | 136 | Accounts Receivable | 12568 | 2095 | 4380 | 14737 | 1637 | Inventory | 30988 | 10587 | 52338 | 74198 | 5003 | Prepaid Expenses | 4932 | 1822 | 2718 | 6782 | 2642 | Income and other taxes receivable | 1267 | 0 | 1236 | 2244 | 647 | Total Current Asset | 50800 | 14678 |
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Strategic Operation Management Assignment Zara fashion Zara is a clothing and accessories retailer selling stylish apparel at affordable prices‚ and it is also the most profitable brand of the Spanish clothing retail group Inditex SA. Ortega planned for this new Zara outlet‚ located near his factory in La Coruna in northern Spain‚ to sell this overstock merchandise himself. Since then‚ Zara has expanded into 500 stores in 68 countries as of January 2007 and has become a leader in customized
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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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T.K.Maxx and Zara are very different retailers in the fashion industry. Whilst one offers low cost designer labels the other retails quality own-brand labelled clothes at a reasonable price. Zara sets itself apart from the giant market place by celebrating its motive to offer exactly what the customer wants‚ going to detective levels to make sure they understand their audience’s wishes. T.K.Maxx on the other-hand distinguishes itself by reducing prices of designer labels by up to 60%‚ and these are
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pg. 56 1111 MANAGING THE MoST IMPORTANT AssET: BRAND EQUITY by David A. Aaker hat is going on in branding? • Gatorade‚ like many strong brands throughout the world‚ is facing the specter of major competitors entering their market and price erosion. They wonder how to respond without damaging their equity. • 3M decided that their branding was getting out of control‚ so they developed a committee of the top executive vice presidents in the company to approve all new brand names
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Page 1 of 2 ASSIGNMENT 1ST SEMESTER : STRATEGIC MANAGEMENT (STRM) BUSINESS MANAGEMENT 3 (BM303) CHAPTERS COVERED : CHAPTERS 1 - 5 DUE DATE : 3:00 p.m. 18 MARCH 2014 TOTAL MARKS : 100 CASE STUDY : ZARA CLOTHING INSTRUCTIONS TO CANDIDATES FOR COMPLETING AND SUBMITTING ASSIGNMENTS The complete ‘Instructions to Students for Completing and Submitting Assignments’ must be collected from any IMM GSM office‚ the relevant IMM GSM recognised Additional Tuition
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Mary Rose Batoon Fashion Retail Branding and Promotion Professor Dena Strong March 3‚ 2015 Zara 1. What are the Main Challenges in the business model adopted by Zara? Based on weaknesses and threats on Zara SWOT analysis‚ the main challenges they are facing today are the high dependence on European Markets‚ Intense completion in the retail market‚ Rising labor wages‚ especially in Europe‚ and the risk of foreign exchange fluctuations. Others also include the problems faced by management in the organization
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(Low to Medium) * New entrants will have to deal with high and large fixed cost * incentive because of profitability of zara * newest fashion at an inexpensive price * Zara as part of the Spanish Inditex Group‚ can benefit from the micro-economic concept of the Economies of Scale. Hence it gains cost advantages as production (scale) increases * Zara is operating within the market of “fast fashion” hence size as well as economic efficiency matter. Inditex’s superior supply chain
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ϖ Company 11 – Zara‚ Inditex ϖ Zara‚ the world largest clothing retailer brand that is part of the Inditex multinational clothing company which was created by Amancio Ortega and Rosalia Mera in 1974. They are based in the northwest of Spain. Currently‚ Zara has a total of 2‚000 stores in major cities around 88 different countries. They are acclaimed as a fast fashion company in the industry with more than two hundred professional designers within the creative teams. Zara’s products are diversification
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