GRUPO INDITEX
Grupo Inditex, Industrias de Diseno Textil, is one of the largest fashion groups in the world. It consists of eight units associated with the business of textile design, manufacturing and distribution. Grupo Inditex is present in 68 countries with 3.559 stores and is famous for its uniqueness and ability to adapt to changing environment; therefore we decided it would be appealing to explore the information about this particular group and find out what is the key to its success. Another factor that greatly affected our decision was simply the nature of the group which is fashion and textiles. Every woman would like get familiar with the stores that she spends most of her time in…
Even though Grupo Inditex is a Spanish group it has a chain of stores in 68 countries (see appendix 1) which indicates the greatness of its accomplishment.
With its exceptional management model that focuses on flexibility and innovation the company managed to gain a competitive advantage over its competitors. The unique combination of creativity and rapid response to the customers’ needs is one of the main characteristics of the group and has a great influence on its success. What is worth mentioning, in 2006 the group won Wharton Infosys Business Transformation Award for implementing an information system that allowed it to decrease the time of introducing new assortment to the stores.
Inditex was founded in 1975 by Amancio Ortega Gaona who is still the chairman of the group. Presently it employs over 70.000 employees and generates revenue reaching €8.169. The headquarters are located in Arteixo, the province of La Coruna, the northern part of Spain.
The existence of Inditex started with the opening of first Zara store in 1975 in La Coruna, whi ...