×
156
Fashion Jobs
LIFESTYLE BRANDS
Area Manager-Projects Execution (Telangana &Amp; Andra Pradesh)-Hyderabad
Permanent · BENGALURU
LIFESTYLE BRANDS
Brand Financial Manager - Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Brand Training Manager, Planet Fashion - Bangalore
Permanent · BENGALURU
DA MILANO LEATHERS PRIVATE LIMITED
Assistant Manager- Payroll
Permanent · DELHI
UNIVERSAL MANAGEMENT CONSULTANTS
Head of Human Resource
Permanent · BENGALURU
UNIVERSAL MANAGEMENT CONSULTANTS
Head of Human Resource
Permanent · DELHI
KOELLE DESIGNS PRIVATE LIMITED
Assistant Manager Purchase
Permanent · JAIPUR
CAREERMARK 6
HR Manager
Permanent · HIRIYUR
LINEN DESIGN COMPANY PVT.LTD
Senior Corporate Sales Manager
Permanent · GURUGRAM
UNITED HR SOLUTIONS PVT LTD
Business Development
Permanent · AHMEDABAD
AND DESIGNS INDIA LTD.
Buyer & Planner
Permanent · NAVI MUMBAI
GREENFIELD RESOURCES PVT. LTD.
Business Development Executive
Permanent · AHMEDABAD
GENIUS CONSULTANTS LIMITED
Head of Department - Cost Accountant
Permanent · KOLKATA
LIFESTYLE BRANDS
Brand Training Manager, Peter England - Bangalore
Permanent · BENGALURU
PLACEMENT PANDITS CONSULTING
Operations Manager-Garment Industry
Permanent · GURUGRAM
LIFESTYLE BRANDS
Area Sales Manager-Patna
Permanent · BENGALURU
LIFESTYLE BRANDS
Group Manager - E-Commerce Product (B2B)
Permanent · BENGALURU
LIFESTYLE BRANDS
Manager - Product, Louis Philippe
Permanent · BENGALURU
PANTALOONS HO
Senior Executive - Marketing
Permanent · PUNE
LIFESTYLE BRANDS
Manager - Trade Channel, Finance
Permanent · BENGALURU
LIFESTYLE BRANDS
Assistant Manager- Design, Casuals- pe
Permanent · BENGALURU
LIFESTYLE BRANDS
Executive -Key Accounts (Mis),lp
Permanent · BENGALURU

Inditex takes full control of its Zara Deutschland

Published
today Aug 9, 2010
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Inditex has taken 100% control of its German subsidiary Zara Deutschland, from buying the remaining 22% minority stake from Otto Group.

Inditex, Zara
Zara - Autumn 2010

The Spanish company, which up until now only owned 78% of the German subsidiary, completes the previously agreed upon joint venture agreement with its German partner Otto Group.

"These options were granted without any premium or consideration payable and the deal price will vary, mainly depending on the contributions made by Otto to the equity of the investee company and on the number of Zara stores that have been opened in Germany since February 1 2006, according to Inditex’s Annual Report 2009,” sources confirmed to Europa Press on Monday.

The company, which did not specify the cost of the transaction, counts a total of 72 stores in more than 40 German cities; of which 64 belong to the Zara brand and eight to Massimo Dutti. Inditex bought back its stake in Massimo Dutti Deutschland from Otto Group in 2006.

The Inditex business model is based on a multi-concept strategy, and it now operates stores under eight brands. Thanks to the positive performance of the German market, Inditex is currently reviewing the most effective approach for the introduction of other Inditex brands.

Zara.com, Zara’s online store, will launch in Germany on September 2nd.



By Rosie Hart

Copyright © 2020 FashionNetwork.com All rights reserved.