Inditex was founded by amanico ortega in 1963 as dress maker and eventually opened their first flagship store in 1975 inditex, 2015a. Although the gap has much higher revenues than inditex almost five times inditex, it incurred a net loss, as opposed to inditex, which achieved a 23%, return in investment. The companys activities include the design, confection, manufacturing, distribution and retail of men, women and children apparel, footwear and fashion accessories, as well as home. We are one of the worlds largest fashion retailers, with eight distinct brands. The inditex group is currently one of the few shining lights in global retail and their results, posted earlier this week, covering the first 9 months of 2019 further cement this view with a 7. Software solutions is a company specialized in custom software development, web design, internetintranet solutions, consulting and outsourcing services. We have come a long way since 1963, when we started.
Our advances on the the 10 most relevant issues of our sustainable strategy to creating value. This is due to the extremely high costs of good sold for the gap. Once inside inditexs headquarters, the speed of the information flow is supported by the fact. Two business days the fast retailing company from platform executive is a cost effective solution for building your platform based business. This document and the information herein does not constitute an offer to sell, to buy or to exchange, nor an invitation to make an offer to. Dear friends, 2016 provided further evidence of our companys ability to create value and not only economic value but, allimportantly, value for society and the enviroment.
Building on its multichannel retail strategy, the company launched online stores for all of the groups brands and opened online zara stores in us and japan. Zara was described by louis vuitton fashion director daniel. The most interesting company to compare inditex is the gap. Operations management of inditex and its retail zara. Here you can download our company profile in pdf format. Zara is a spanish clothing and accessories retailer based in arteixo, galicia. Here you will find all inditexs presentations for shareholders and institutional investors, as well as the conference call transcriptions. Contents 01 introduction to group five 02 business approach 03 values 04 sustainability 05 black economic transformation 06 impact on the environment 08 some significant company awards 10 geographical footprint 14 group at a glance structure and service offering 16 investments and concessions 20 engineering and construction 22 construction 28 manufacturing new office. By 2011, inditex group had commercial presence in 5 continents and passed the 5500 stores mark, with shops in 82 markets. Deciding the vendors who are good is not something you can do overnight. The system was designed by castellano who became the ceo of the company in 1984. The expansion and upgrade of the groups sales floor area, coupled with development of an integrated offlineonline store, determined the roadmap for inditexs eight retail formats which ended the year with 7,292 establishments in 93 markets and an online presence in 41 countries.
For a representative sample, verification that the. A textual analysis of the financial results for inditex compared to selected competitors. Zara, inditexs flagship retail format, generated 66% of the companys overall sales in 2012. Inditexs computerized inventory system, stateoftheart production and warehousing, and a short supply chain cut leadtime to 1015 days between design and distribution, compared to the 56 month industry average.
A business description of the company, including contact information, senior officers and wright quality rating analyses is. The customer is at the heart of our unique business model, which includes design, production, distribution and sales through our extensive. Groups current revenue profile, since the revenue must. In the last decade, it has increased its sales approximately fivefold. The report examines company shares by region and sector. Company profile lancom is a fully greekowned company involved exclusively in the area of data center it services, offering specialized cloud computing and telecommunications services. It has two enterprise cloud data centers, in athens and thessaloniki, and its offerings cover the. We sell in 202 markets through our online platforms and our over 7,000. In the 1980s the company implemented a new design and distribution method that drastically reduced the time between design, production, and arrival at retail sites.
Summary this swot analysis company profile is a crucial resource for industry executives and anyone looking to quickly understand the key information. Zara needs just two weeks to develop a new product and get it to stores, compared to the sixmonth industry average, and launches around 10,000 new designs each year. The profile has been compiled by globaldata to bring to you a clear and an unbiased view of the companys key strengths and weaknesses and the potential opportunities and threats. The inditex group is made up of more than 100 companies operating in textile design, manufacturing and distribution. Gri community, a universe of companies from different sectors. Pdf format download opens in new window pdf 214 kb. Inditex shares are traded in the spanish stock exchanges and through the continuous market. This training supports instore staffs ability to understand customer feedback and to transmit insights effectively back to the companys headquarters in spain. Supplier evaluation is, of course, a process that could take weeks or. It belongs to inditex, one of the worlds largest distribution groups. At present, inditex group has 5887 stores in 86 markets. As your business continues to grow and your customer list expands, you will need suppliers to bring goods to your business. Also included are quantitative analyses of the companys financial statements, extensive ratio analyses and up to 10year history of sales, earnings, dividends and security pricing. Information flow inditex provides internal training programmes for instore staff in customer service, product management and trends.
The profile has been compiled to bring to you a clear and an unbiased view of the companys key strengths and weaknesses and the potential opportunities and threats. Report with the goal of informing all of the companys stakeholders. During its journey over the last two decades, mitali has achieved remarkable evolution. According to hansen 2012 and inditex 2015b the company is the largest fashion group in the world with operations in over 6,600 stores worldwide. Number of stores inditex group worldwide, 2019 statista. Two business days the lululemon athletica company from platform executive is a cost effective solution for building your platform based business. This annual report is presented in the form of an integrated report with the goal of informing all. The group launched online sales for zara in australia and new zealand during the quarter. August 2008 full time manager and head cashier, window dresser, sales assistant, cashier and part time positions sales assistant and cashier rate of pay. Inditex sa itx financial and strategic swot analysis.
Based on a representative sample of cash generating. Even through economic declines, inditex has managed to grow. The cop describes any actions that the company plans to undertake by its next cop to have the credibility of the information in its cop externally assessed, including goals, timelines, metrics, and responsible staff. Euromonitor international is the leading provider of strategic market research reports. Inditex group zara, massimo dutti, bershka, pull and bear, zara home manager head cashier sales assistant cashier window dresser closing date. Bol sibe including stock price, stock chart, company news, key statistics, fundamentals and company profile. Annual report is presented in the form of an integrated. Inditex group zara, massimo dutti, bershka, pull and bear.
Lululemon athletica company profile and swot analysis. Inditex continues to finetune its customercentric creative fashion proposition, underpinned by its seamlessly integrated offlineonline store. Sales of the inditex group worldwide by format 202018 worldwide number of followers of inditex on facebook 2019, by brand worldwide number. Sales of the inditex group worldwide by format 202018 global sales share of the inditex group by region 2018 worldwide number of followers of inditex on facebook 2019, by brand. Zara is one of the largest international fashion companies. Inditex is a company that has grown substantially since the launch of the first zara store.
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