Introduction ZARA is one of the trendy garment retailers as an important brand in portfolio of Inditex. With development of technology and extension of market‚ ZARA has expanded to over 1‚500 stores in 44 countries‚ since founded at a Spanish town called La Coruña in 1975. In internationalization process‚ Zara employed various retailer formats‚ especially online shops‚ to complement weakness in traditional in-store purchase. Moreover‚ current development status of e-tailling is attractive for Zara to entry
Premium Online shopping Retailing Electronic commerce
------------------------------------------------- zara spainshclothing company 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
Premium Inditex
BIT HuangFei (Tracy) Zara: a Spanish retailer goes to the top of world fashion Answer1: The international expansion of Zara started with the opening of a store in Portugal in 1988. Through establishment in Portugal Zara acquired international market experience and knowledge and realized that it would have to adjust its business model to suit the new international markets. International sales accounted for 69 percent of its total turnover in 2005‚ with Europe being its largest market by far
Premium Brand Target market Target
Product classification of Zara • Most clothing are classified as an “durable good” as they are used up slowly‚ • Clothing doesn’t need to be disposed of after being worn once‚ but rather could be cleaned and reword until a tear within the seams or a stain kills it‚ or ultimately it goes out of style [pic] Product Lifecycle • Due to the clothing industry is mainly backed behind by what is “cool” or “hip” to date‚ clothing often needs to refresh its look in order to attract customers to purchase
Premium Brand Brand management Clothing
Pestle Analysis of Zara SOE11108 Sources of Competitive Advantage Assessment 1 Group Presentation PESTEL – Analysis [pic] Contents 1 Introduction 3 2 Overview 3 3 Business Environment 3 4 Political 4 5 Economic 4 6 Social 5 7 Technological 6 8 Environmental 6 9 Legislative 8 10 Conclusion 8 References 9 Introduction 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
Premium Inditex Fast fashion Fashion
1 Characteristic features of slang 1.1 The notion of slang Most of us think that we recognize slang when we hear it or see it‚ but exactly how slang is defined and which terms should or should not be listed under that heading continue to be the subject of debate in the bar-room as much as in the classroom or university seminar. To arrive at a working definition of slang the first edition of the Bloomsbury Dictionary of modern Slang approached the phenomenon from two slightly different
Premium Slang World War I
In what ways are elements of the classical management and behavioral management approaches evident at Zara International? Inditex’s group known a ZARA had implemented elements of both classical management and behavioral management approaches. Starting off with the Classical Management‚ ZARA has used some of the principles of Henri Fayol’s Administrative principles. Building their business model to identify the following five “duties” of management‚ which are foundations for the four functions of
Premium Management
ZARA Fashion 1) With which of the international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What do comparisons indicate about Inditex’s relative operating economics? Its relative capital efficiency? Note that while the electronic version of Exhibit 6 automates some of the comparisons‚ you will probably want to dig further into them? The four companies shown above have very different business models. Inditex owned much of the production
Premium Strategic management Vertical integration Inditex
가한다. FLEXIBLE PRODUCTION SYSTEM 유럽시장을 위해 포르투갈‚스페인에‚ 미국시장을 위해 멕시코에‚ 아시아시장을 위해 중국에 제조공장을 갖춘 자라는 재고와 주문량‚ 그리고 판매량에 따라 고객에게 최대한 빠르게 만족을 주기 위해 인근지역에 제조공장을 유치하여 유연한 생산시스템을 자랑한다. 이처럼 인근 지역에 제조공장을 유치하는 것은 정확한 배달 또한 중요한 요소이지만 고객들의 요구에 의하여 판매가격을 낮추기 위한 방법이기도 하다. 또한 자라는‚ 매 분기마다 미리 옷을 제작하여 배송하는 듯 항상 변화에 맞추기 위한 빠른 생산시스템을 가지고 있는 것도 특징이다. MODERATE PRICE AND QUALITY 자라는 적정가격의 질과 가격을 자랑한다. WORD-OF-MOUTH MARKETING 활동과 연계되어 합리적인 질과 가격으로 더 많은 고객유치를 기대한다. 또한 FLEXIBLE PRODUCTION SYSTEM 활동과 연계되어 인근지역에 유치된 제조공장으로 적정
Premium Fast fashion Production system
1. With which of the international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What 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
Premium Production line Revenue Earnings before interest and taxes