Zara latest news
Zara is a Spanish apparel retailer based in Arteixo in Spain.
Zara began by producing low-priced lookalike products of popular higher-end clothing items. Ortega pioneered his idea of ‘instant fashions’ where he was able to quickly react to changes in trends and the market through reducing lead times on all new products. This was achieved by expanding the IT capabilities of the firm whilst also hiring more designers to work in groups on products, rather than working alone as individuals. The company’s quick manufacturing and distribution capabilities allow for a new product to be developed and created to be put on shelves in just one week.
The company also has a policy of zero advertising and instead reinvests a larger percentage than others in opening new stores. Many of its products are created relatively locally in Europe (around Spain and Portugal). Outsourced products to Asia include some longer shelf life items such as plain t-shirts.
Zara products and services:
- Bags and accessories
- Shirts, suits and blazers
- Kids clothes, ranging from 0-12 months up to 14 years
- Makeup, beauty and fragrances
- Home living and decor
Zara is owned by Inditex, a Spanish multinational clothing company that has over 7,000 stores in 93 markets. Other Inditex brands include Bershka, Pull & Bear and Massimo Dutti. The main aim of Inditex is to respond quickly to ever-changing market demands.
Inditex is a limited company which are listed on the Bolsa de Madrid under the abbreviation ITX.
There are 2259 Zara stores across 96 countries. Around 66 of these are in the UK. In addition, thousands of clothes and other products can be ordered for home delivery via its website.
Zara UK currently employs 3,137 people. This is across its 66 stores and throughout its head office.
The Zara head office is located in Soho, London at:
120 Regent Street, London, W1B 5FE
2021 Financial Year
Pre-Tax Profit: €4.199bn
2020 Financial Year
Pre-Tax Profit: €1.401bn
Zara UK can be contacted via phone or email at its Soho head office:
Telephone: 0800 030 4238 / 020 7851 4300
Email: [email protected]
Email this article to a friend
You need to be logged in to use this feature.
Please log in here