Zara
Introduction
ZARA is the flagship chain store for the Spanish Inditex Group owned by Amancio Ortega, who also brands such as Massimo Dutti and Bershka. It was first open in 1975 in La Coruna, Galicia, Spain. Originally a lingerie store, then the product range expanded to incorporate women’s fashion, menswear and children’s clothes.
The international adventure began in 1988, opened its first foreign store in Oporto, Portugal. The market growth remained mysterious and it kept growing the stores in different countries and its cities. Started from the United States (1989), Paris (1990), Mexico, Belgium and Sweden (1994), Malta (1995) and Cyprus (1996). The stores remained company owned, however, it started to make another expansion through franchise when they enter the Asia such as Japan (1997). By the year of 2004, Zara has 1058 stores located in 68 countries around the world, and the 792 international stores generated 54 percent of group sales. Today, Inditex is the world’s......
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Approximate Pages: 24 (250 words per double-spaced page)
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