demands. Zara is the flagship chain store of Inditex Group owned by Spanish company tycoon Amancio Ortega, who also owns brands such as Massimo Dutti, Pull and Bear, Oysho, Uterqüe, Stradivarius and Bershka. The group is headquartered in A Coruña, Galicia, Spain, where the first Zara store opened in 1975. It is claimed that Zara needs just two weeks to develop a new product and get it to stores, compared with a six-month industry average, and launches around 10,000 new designs each year (ZARA, Business
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Case Study: Zara, IT for Fast Fashion EXECUTIVE SUMMARY The action recommended is to purchase a new POS system to support integration of all levels of the business from manufacturing to the customer. Because of Zara’s current solid financial position and leader in the marketplace, Zara will withstand the initial interruption of business to allow implementation of new technology due to their current solid financial position and leadership. KPIs are implemented to provide efficiencies within
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Chapter 9 health and disability insurance |CHAPTER OVERVIEW | Planning a health insurance program needs careful study because the protection should be shaped to the needs of the individual or the family. However, the task is simplified for many families because a foundation for their coverage is already provided by group health insurance at work. We begin the chapter by recognizing the importance of health insurance in financial planning and define health insurance. Then
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Zara Marketing Management Company background and relevant financial information The Inditex (Industria de Diseño Textil) is a clothing manufacturer group founded in Spain in 1985 by Amancio Ortega Gaona. This group is owner of Zara and from the 1990s launched other firms such as Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Zara Kids, and Uterqüe (see Table 1 in Appendix Section). With this wide brand selection, Inditex is actually able to satisfy women, men, and children
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Zara is a Spanish brand of clothing store founded by the visionary Amancio Ortega Gaona and Rosalia Mera in Artexio, Galicia. The first Zara store opened in 1975 in La Coruna, a port town near Arteixo in the corner of northern Spain. It is one of the major selling brands of one of the biggest fashion retailer of "INDITEX". Zara is now available in 86 countries with total of 1,763 stores worldwide. Zara designs, manufactures, and sells apparel, footwear, and accessories for women, men and children
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http://upcommons.upc.edu/pfc/bitstream/2099.1/9456/1/67045.pdf IS points Communication uInformation Technology Keeps It Boiling Information and communications technology is at the heart of Zara's business. Four critical information-related areas that give Zara its speed include: Collecting information on consumer needs: trend into information flows daily, and is fed into a database at head office. Designers check the database for these dispatches as well as daily sales numbers, using the information
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Introduction: Zara is a Spanish clothing and accessories retailer based in Arteixo, Galicia, and established in 1975 by Amancio Ortega and Rosalía Mera. It is the flagship chain store of the Inditex group, the world's largest apparel retailer. The fashion group also owns brands for example Massimo Dutti, Pull and Bear, Uterqüe, Stradivarius, Oysho and Bershka. Body: Supply Chain Management (SCM) is the success factor in fast fashion business. It deals with suppliers, with supplier’s suppliers
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Defining the Market The industry that M&S are operating in is the textile apparel industry. This is a highly competitive industry that is constantly changing and it is crucial for companies in this industry to adapt to new trends and customer needs. M&S have a strong focus on consistent quality and high standards. They have been aware of technological factors and social changes within this market and have reacted in particular to the technological evolutions effectively, helping them to
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Business Strategy: Zara’s Strategic Vision The ‘fast fashion’ is one of the most innovative strategies of Zara, is based on going faster than the idea itself. Zara’s power is its speed: moving from the tendency to have the item in the store hangers. The fashion industry was a balanced range of movement of business was almost non-existent and known, knowing that each season lasts three or four months, then there are four or six months of sales. The difficulty of the sector companies to change
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Article McKinsey Quarterly February 2015 mșįňįẅřǻĐ ŀǻťįģįĐ fǿ ǻřě ňǻ ňį șșěččųș đňǻřB By Jacques Bughin Čǿmpǻňįěș ǻđěpț ǻț ųșįňģ đįģįțǻŀ țǿǿŀș ǻŀǿňģ țħě čǿňșųměř đěčįșįǿň jǿųřňěỳ ǻřě ģǻįňįňģ ǻ șįżǻbŀě ŀěǻđ ǿvěř čǿmpěțįțǿřș. Ț ħě İňțěřňěț ħǻș běčǿmě ǻň įňđįșpěňșǻbŀě țǿǿŀ fǿř mǻřķěțěřș, ỳěț țħěřě ǻřě șțįŀŀ ģǻpș įň ųňđěřșțǻňđįňģ įțș řǿŀě įň șħǻpįňģ ħǿẅ čǿňșųměřș čħǿǿșě ǻmǿňģ břǻňđș. Ẅįțħ țħě ħěŀp ǿf ǻ pǿẅěřfųŀ đǻțǻ șěț, ẅě ħǻvě běěň șțųđỳįňģ țħě řěŀǻțįǿňșħįp běțẅěěň țħě ŀěvěŀ ǿf đįģįțįżǻțįǿň
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