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January 5, 2022updated 03 Feb 2022 5:45pm

Inditex invests US$269m on Zara apparel design and sales complex

Inditex, which owns Zara is investing EUR238m on a complex that will house Zara's apparel sales and design teams in Arteixo, Spain.

By Laura Husband

Inditex has announced the building works of its new apparel sales and design complex for Zara will start this month (January 2022) and will take approximately two years to complete.

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Inditex explains the new apparel complex for Zara has been designed to reinforce the brand’s essence and support its flat organisational structure.

The plans were designed by Batlleiroig, the architecture firm that was responsible for the recent expansion of the group’s facilities in Arteixo and several of the brands’ head offices.

The aim of the investment is to reinforce the work dynamics between apparel designers, pattern-makers and sales professionals and to ensure this is underpinned by creativity and articulated around open collaboration and communication.

The five-storey building will complement the visual identity of the adjacent offices, which accommodate the zara.com operations.

The building is based on an orderly and structured design of flexible work spaces that lend themselves to easy and multiple reconfiguration. The proportions and dimensions of the complex give it a ‘shape coefficient’ which, together with its highly insulated façades and roofing, reduce its energy consumption and facilitate energy self-sufficiency, thanks to energy taken from three new wind turbines located in Coruña’s Outer Port.

In early December 2021, Inditex named Óscar García Maceiras as its new CEO and Marta Ortega Pérez, the daughter of the company’s founder Amancio Ortega, as its incoming chairperson.

Later the same month, Just Style reported that Inditex’s sales and net income had reached “historic highs” in the third quarter with the company benefitting from a stronger online presence and active management of its supply chain.

 

 

 

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img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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