zara (retailer)
TRANSCRIPT
*Content
*Introduction*Background*Operation*Product assortment *Alliances & Future Expansion*Stratigies*Scandals
*Zara
*Introduction
*Industry Retail *Founded Arteixo, Galicia (Spain) (24 May
1974; 41 years ago) * Founder Amancio Ortega Rosalía Mera* Headquarters Arteixo, Spain*Number of locations 2,000+ stores *Area served Worldwide*Key people Óscar Pérez Marcote, Director-general*Products Clothing*Revenue €11.594 billion (2014)[2]
*Background
*1975: Founded
*1980:from ZOBRA to Zara
*1989:expansion to US Market
*1990:French Market
*Operations
*ZARA Operates in 88 Countries with 2000+ stores
*Lefties stores A low-cost brand works under ZARA
*Product assortment
*Men's clothing*Women clothing*Shoes*Cosmetics*Children's clothing (Zara Kids)
* ALLIANCES
* Inditex along with Global Garment Union is trying to tackle workers rights.
* Intercultural : cross cultural dialogue and social change.
*Fur free alliances : Animals safety
*WWF : To avoid pollution and make environment safe.
*The CEO Water Mandate : promotes the adequate and sustainable management of water.
* Future Expansion
*More than 5,900 stores in 88 countries.
* Invested recently Algeria, Taiwan, Azerbaijan, Peru, Albania, Iceland.
*Growing its presence in China, had 166 stores.
* Spanish retail company but most its product are made in china.
* They are planning to open their stores in Newzealand and Syria.
* Some other parts of Africa.
*Stratigies
*Scanty Stock
*Europe Based Factories
*Strong Online Appearance
*Misconduct Issues
*Scandal
*Slave Labour*Spanish high-street retailer Zara has been accused of
allegedly accepting slave-labor working conditions supplanted by more than 30 of its outsourced plants running in Brazil. During an episode of the investigative TV show called A Liga(The League) reporters visited a factory where Bolivian immigrant workers were caught in slave-like conditions in garment production for the Galicia-based company, which is part of the Inditex group. Inditex’s owner, billionaireAmancio Ortega, is listed by Forbes as the 7th richest person in the world, with a net worth of $31 billion.
*Thank You By:Zeeshan Kashmiri