InterContinental will invest 500 million dollars in Mexico
January 31, 2011 - 17:27Credit:AFP
Photo: File
InterContinental Hotel Group announced an investment in Mexico of 500 million dollars over the next three years which will result in the construction of 47 hotels, said Monday the president of Mexico.
Mexican President Felipe Calderón r ecibió at the official residence of Los Pinos to Jim Abrahamson, regional president of InterContinental Hotels Group , which released "an additional investment of 500 million dollars in Mexico over the next 3 years", said the office president in a statement.
The investment will be channeled to build 47 hotels , which will involve about 5,000 more rooms in the country, added the president.
Calderon also met with W. Lee Hammond, President of the American Association of Retired Persons, which has about 43 million retired members, a market that Mexico seeks to capture the momentum of conditions to meet the health tourism.
Tourism is one of the three largest sources of foreign exchange in Mexico, the main destination of Latin America, along with oil and remittances from migrants.
martes, 1 de febrero de 2011
lunes, 31 de enero de 2011
Anticipated For 2011 15% More Tourists Mexico
Anticipated for 2011 15% more tourists
Written by Real eStrategy 2 Tourist Market Jan 28, 2011 This year, 15% CPTM aims to raise the number of tourists arriving in the country in 2011, ie 3.4 million more than it received before, through strategies to consolidate and align the mark Mexico destinations with it. By participating in the second day of the National Tourism Convention 2011 of Concanaco-SERVYTUR, Rodolfo López Negrete, deputy director general of CPMT, explained that these 3.4 million, 1.2 million will be sun and beach segment, 600 thousand culture of business 213 000, and 150 thousand for nature and adventure tourism.
He said currently there is no air promotional campaign on the domestic market, but will begin in March ... and for the U.S. market and Canada before the end of January start.
During the forum, Francisco Madrid, director of the School of Tourism from the Universidad Anahuac, recommended strengthening the domestic tourism market by exploiting the potential of the southern U.S. tourist who arrives by land, representing 70.8 million people ... He pointed out that EU are performed each year nearly 2 billion trips, but only in California, Texas, Arizona and New Mexico,
make about 500 million trips.
For 2011, the congress and convention tourism provides an outlay of between 700 and 800 million dollars, that is 28% over that recorded in 2009, said Eduardo Chaillo, director of Tourism Meetings CPTM
Written by Real eStrategy 2 Tourist Market Jan 28, 2011 This year, 15% CPTM aims to raise the number of tourists arriving in the country in 2011, ie 3.4 million more than it received before, through strategies to consolidate and align the mark Mexico destinations with it. By participating in the second day of the National Tourism Convention 2011 of Concanaco-SERVYTUR, Rodolfo López Negrete, deputy director general of CPMT, explained that these 3.4 million, 1.2 million will be sun and beach segment, 600 thousand culture of business 213 000, and 150 thousand for nature and adventure tourism.
He said currently there is no air promotional campaign on the domestic market, but will begin in March ... and for the U.S. market and Canada before the end of January start.
During the forum, Francisco Madrid, director of the School of Tourism from the Universidad Anahuac, recommended strengthening the domestic tourism market by exploiting the potential of the southern U.S. tourist who arrives by land, representing 70.8 million people ... He pointed out that EU are performed each year nearly 2 billion trips, but only in California, Texas, Arizona and New Mexico,
make about 500 million trips.
For 2011, the congress and convention tourism provides an outlay of between 700 and 800 million dollars, that is 28% over that recorded in 2009, said Eduardo Chaillo, director of Tourism Meetings CPTM
The New Cip Sinaloa Located 100 km. south Of Mazatlan Mexico
Sinaloa
General Information
The new CIP Sinaloa located 100 km south of Mazatlan, in the municipality of Escuinapa, where the corridor Mazatlan - Teacapán, is projected as a high level tourist destination, which is formed with the following physical characteristics:
•Total area: 2.381 Has
•Salable surface: 951.7 Has
•Developable Area: 1821.3 has
◦Beachfront 12 km
◦100m beach width approx.
◦180 ° panoramic views of the sea
◦Conservation Area: 559.9 has
The region of influence includes the municipalities of Mazatlán, El Rosario and Escuinapa, which has significant tourism potential for its natural attractions, its rich cultural, architectural and tourist infrastructure installed.
Access to the area is done by air through two airports, the Mazatlan International, which is located 85 kilometers from the project and Teacapán Airport located 26 kilometers from the CIP and land on Highway via Mazatlan - Tepic.
Are located around large beaches, mangrove areas and estuaries as well as important fishing areas and several islands that retain their natural state.
General Information
The new CIP Sinaloa located 100 km south of Mazatlan, in the municipality of Escuinapa, where the corridor Mazatlan - Teacapán, is projected as a high level tourist destination, which is formed with the following physical characteristics:
•Total area: 2.381 Has
•Salable surface: 951.7 Has
•Developable Area: 1821.3 has
◦Beachfront 12 km
◦100m beach width approx.
◦180 ° panoramic views of the sea
◦Conservation Area: 559.9 has
The region of influence includes the municipalities of Mazatlán, El Rosario and Escuinapa, which has significant tourism potential for its natural attractions, its rich cultural, architectural and tourist infrastructure installed.
Access to the area is done by air through two airports, the Mazatlan International, which is located 85 kilometers from the project and Teacapán Airport located 26 kilometers from the CIP and land on Highway via Mazatlan - Tepic.
Are located around large beaches, mangrove areas and estuaries as well as important fishing areas and several islands that retain their natural state.
Spanish Investment Expected Fonatur Sinaloa Integrally Planned Center 99 Milles From Mazatlan Mexico
Spanish investment expected Fonatur Sinaloa
30/01/2011 20:59
The National Fund for Tourism Development (Fonatur) will spend 530 million pesos in the development of new infraestructuraun Integrally Planned Center (CIP) in Teacapán, state of Sinaloa.
It expects strong participation of Spanish hotel from the first half of 2012, which will generate around 150,000 jobs over the next eight years.
Fonatur stressed that the fund has a multi-annual budget (fiscal resources guaranteed by the Congress) from 3.800 billion pesos (mp) until 2019 for this CIP will be his first work sustainable.
The fund already carries the first infrastructure in 2.831 acres it acquired in 2008 with an investment of 1.200 mp and this administration have invested 382.2 million pesos.
The challenge for this year is the first sign partnership agreements with hotel chains such as Spanish Ríu, Melia and Barcelo, to place the first stone in 2012 the first hotel in the CIP.
Also provides a chance to invest capital developers Mayan Palace Mexican and Spanish OHL.
Fonatur hotel market the first batch and will be under the partnership scheme, both with the hotel concerned as U.S. investment banks, and has already had talks with Investment Funds to carry out investment plans.
The forecast for this CIP have Sinaloa, which aims to capture a large number of Canadian and American visitors, is to build 44.000 quarts in a total of 208 lots.
30/01/2011 20:59
The National Fund for Tourism Development (Fonatur) will spend 530 million pesos in the development of new infraestructuraun Integrally Planned Center (CIP) in Teacapán, state of Sinaloa.
It expects strong participation of Spanish hotel from the first half of 2012, which will generate around 150,000 jobs over the next eight years.
Fonatur stressed that the fund has a multi-annual budget (fiscal resources guaranteed by the Congress) from 3.800 billion pesos (mp) until 2019 for this CIP will be his first work sustainable.
The fund already carries the first infrastructure in 2.831 acres it acquired in 2008 with an investment of 1.200 mp and this administration have invested 382.2 million pesos.
The challenge for this year is the first sign partnership agreements with hotel chains such as Spanish Ríu, Melia and Barcelo, to place the first stone in 2012 the first hotel in the CIP.
Also provides a chance to invest capital developers Mayan Palace Mexican and Spanish OHL.
Fonatur hotel market the first batch and will be under the partnership scheme, both with the hotel concerned as U.S. investment banks, and has already had talks with Investment Funds to carry out investment plans.
The forecast for this CIP have Sinaloa, which aims to capture a large number of Canadian and American visitors, is to build 44.000 quarts in a total of 208 lots.
Carlos Slim Invest $44'650 Million Pesos in Mexico (3'660 Billion Dollars)
Slim invest 44.650 million pesos in Mexico
The projects for 2011 will focus primarily on telecommunications, said the businessman, about the insecurity, said that "he who does not invest because of fear and caution will be back."
Carlos Slim Helu, said the investment will favor suppliers 42.200. (Photo: Fotoarte)
Carlos Slim, the world's richest man By: Jesus Ugarte
MEXICO CITY (FORTUNE) - The company that controls the Slim family in Mexico will invest 44.650 billion pesos (equivalent to 3.660 billion dollars) in 2011, representing an increase of about 14% compared to 2010.
Carlos Slim Helu explained Monday that the total of such investments will be allocated 3.000 million to Ideal , 10.000 million Frisco , 10.000 million to Telmex , 10.000 million to America Movil , and other companies such as Grupo Carso and Carso property.
The entrepreneur told a press conference that the investments will favor suppliers 42.200, most of them national.
Asked about the effect of the climate of insecurity in Mexico on investment, Slim said, "Whoever does not invest because of fear and caution will be back."
He stressed that Mexico has public finances healthy and market expectations are interesting.
"I am optimistic that 2012 and 2013 continue to grow. We see many problems in the world, things are happening everywhere, as is the case in Europe , where large fiscal deficits and unemployment , "he said.
8.000 million dollars in total investment
America Movil , who chairs Patrick Slim Domit , announced last year that exercise investment capital of about 8.000 million dollars (mdd) in their operations inside and outside of Mexico for 2011 , representing an increase of just over 30% compared to those for 2010 and initially referred.
The largest telecommunications consortium in Latin America expects to achieve an average increase of between 6 and 8% in total revenues for the period 2011-2014, which will be supported among other things, an expansion of over 30% in customer base.
The projects for 2011 will focus primarily on telecommunications, said the businessman, about the insecurity, said that "he who does not invest because of fear and caution will be back."
Carlos Slim Helu, said the investment will favor suppliers 42.200. (Photo: Fotoarte)
Carlos Slim, the world's richest man By: Jesus Ugarte
MEXICO CITY (FORTUNE) - The company that controls the Slim family in Mexico will invest 44.650 billion pesos (equivalent to 3.660 billion dollars) in 2011, representing an increase of about 14% compared to 2010.
Carlos Slim Helu explained Monday that the total of such investments will be allocated 3.000 million to Ideal , 10.000 million Frisco , 10.000 million to Telmex , 10.000 million to America Movil , and other companies such as Grupo Carso and Carso property.
The entrepreneur told a press conference that the investments will favor suppliers 42.200, most of them national.
Asked about the effect of the climate of insecurity in Mexico on investment, Slim said, "Whoever does not invest because of fear and caution will be back."
He stressed that Mexico has public finances healthy and market expectations are interesting.
"I am optimistic that 2012 and 2013 continue to grow. We see many problems in the world, things are happening everywhere, as is the case in Europe , where large fiscal deficits and unemployment , "he said.
8.000 million dollars in total investment
America Movil , who chairs Patrick Slim Domit , announced last year that exercise investment capital of about 8.000 million dollars (mdd) in their operations inside and outside of Mexico for 2011 , representing an increase of just over 30% compared to those for 2010 and initially referred.
The largest telecommunications consortium in Latin America expects to achieve an average increase of between 6 and 8% in total revenues for the period 2011-2014, which will be supported among other things, an expansion of over 30% in customer base.
viernes, 28 de enero de 2011
Sectur Ready Tourism Works in Mazatlan Mexico
Sectur ready tourism works
Plan to invest $ 120 million in projects this year
Leticia Lopez
28-01-2011
Share
The Ministry of Tourism and the federal government define the works of this year.
Photo: Northwest / Eduardo Resendiz.
MAZATLAN .- Investments in tourist walkway, improvements to the Teatro Angela Peralta and regeneration of the Paseo del Centenario are priority projects for 2011, for which the Municipality and the Ministry of Tourism announced resources.
The Mayor, Alejandro Higuera and Secretary of Tourism, Rice Oralia Rodriguez, analyzed the projects left unfinished in 2010, which claimed there was confusion because they have not buttoned up to 100 percent.
Among the works, Rice prioritized the walker Rodríguez cruise tourists.
"Fortunately, we agree with the Mayor in the tourist walkway project in the area of the Ferry Terminal to the historic center. Basically this is the project originally planned to invest the existing executive project."
For this 2011, he added, will crystallize the walker and construction projects will continue tiburonario Aquarium.
They also spoke of continuing the regeneration of the historic center and the Teatro Angela Peralta, whom he urging changes in the air conditioning system and banks, and those that were suspended by the INAH, and to restore the area from the Shield to El Faro.
Higuera Osuna announced that there is a gap of works to make the proposal to invest in Mazatlan a lot of resources.
"We will put him strength to the Theatre, has the normal deterioration of a building that is used, change the air and benches and we want resources on this topic for about 60 million, we will present the proposal because they are taking their time" .
Suspended in the works last year, also met the delegate of the National Institute of Anthropology and History to see what the project from the Shield to Faro Mazatlan, that are impaired and where resources are locked for some reason.
"From Shield to El Faro want to repair sidewalks and gazebos, and trademark law from the bench only to have legislation in the INAH and the City streets, so are issues that must be unlocked because there are millions of pesos are to exercise. "
Works
For this year, announced projects to address tourism.
- To identify what will be the tourist walkway for cruise ship visitors
- Improvements and maintenance at the Teatro Angela Peralta
- Regeneration of the Paseo del Centenario, from the Shield to El Faro
Plan to invest $ 120 million in projects this year
Leticia Lopez
28-01-2011
Share
The Ministry of Tourism and the federal government define the works of this year.
Photo: Northwest / Eduardo Resendiz.
MAZATLAN .- Investments in tourist walkway, improvements to the Teatro Angela Peralta and regeneration of the Paseo del Centenario are priority projects for 2011, for which the Municipality and the Ministry of Tourism announced resources.
The Mayor, Alejandro Higuera and Secretary of Tourism, Rice Oralia Rodriguez, analyzed the projects left unfinished in 2010, which claimed there was confusion because they have not buttoned up to 100 percent.
Among the works, Rice prioritized the walker Rodríguez cruise tourists.
"Fortunately, we agree with the Mayor in the tourist walkway project in the area of the Ferry Terminal to the historic center. Basically this is the project originally planned to invest the existing executive project."
For this 2011, he added, will crystallize the walker and construction projects will continue tiburonario Aquarium.
They also spoke of continuing the regeneration of the historic center and the Teatro Angela Peralta, whom he urging changes in the air conditioning system and banks, and those that were suspended by the INAH, and to restore the area from the Shield to El Faro.
Higuera Osuna announced that there is a gap of works to make the proposal to invest in Mazatlan a lot of resources.
"We will put him strength to the Theatre, has the normal deterioration of a building that is used, change the air and benches and we want resources on this topic for about 60 million, we will present the proposal because they are taking their time" .
Suspended in the works last year, also met the delegate of the National Institute of Anthropology and History to see what the project from the Shield to Faro Mazatlan, that are impaired and where resources are locked for some reason.
"From Shield to El Faro want to repair sidewalks and gazebos, and trademark law from the bench only to have legislation in the INAH and the City streets, so are issues that must be unlocked because there are millions of pesos are to exercise. "
Works
For this year, announced projects to address tourism.
- To identify what will be the tourist walkway for cruise ship visitors
- Improvements and maintenance at the Teatro Angela Peralta
- Regeneration of the Paseo del Centenario, from the Shield to El Faro
jueves, 27 de enero de 2011
Mexico, The Jewel Of Spanish Company Zara in America
Mexico, the jewel of Zara in America
In 2010 Inditex, which operates Zara and Bershka, opened 20 stores in Mexico and plans to continue with this pace, Mexico is the most important market for the company over the United States and Canada.
VIDEO
Although Zara is the format of Inditex's flagship store in the world in recent years has diversified. (Photo: Ramón Sánchez Belmont)
RELATED ARTICLES
Amancio Ortega announces relief in Inditex
The fashion group's founder Paul Island proposed to occupy the chief executive of the group. Zara is growing in emerging countries
Inditex net income received higher than expected in the first half with 628 mde. The firms 'tabletizarán' in 2011
The companies buy about 10 million computers 'tablet', as a consultant. Guanajuato 'fit' to Inditex
Mexican companies are taking advantage of an agreement with Spanish group to provide shoes. The meIn Second Life there are also fashion!
Bershka brands like Dior, Armani, Chevignon and Nike are promoted in the virtual world. Zara circumvents crisis and win in 2008
Inditex, parent of the chain of clothing stores, record profits ³ 1.700 ± million dollars the year last year.
By: Jesus Ugarte
MEXICO CITY (FORTUNE) - After 18 years of operations, Mexico has become the largest market in America to Inditex , one of the leading producers and distributors of fashion in the world with eight store formats, including, Zara , Pull & Bear, Massimo Dutti, Bershka, Oysho, Zara Home and Uterqüe.
To date the company of Spanish origin in Mexico operates 208 units, far exceeding the combined U.S., Canada and Brazil (just over 90 in total together).
" Mexico was the first country in which the group developed its entire international model , so after he was in New York and Paris, but you can not really talk about the internationalization until he arrived in Mexico is a rich loop (with Mexico) "said Jesus Echevarria, president of Institutional Relations and Communication Inditex.
In 2010 the company headed by Amancio Ortega Gaona (considered the richest man in Spain and one of the wealthiest in the world ) , opened in Mexico a total of 20 stores and its expansion plan for this year considered to keep a similar pace, This will depend inter alia on the locations.
"We are on the same line, at the same level, without specifying a specific number of stores, our formula is not working, it makes sense, Inditex, Zara and other formats grow store to store, just in time you have the correct location in the face of the store, until there is no such location, did not arise as a goal , "said the executive in an interview with FORTUNE.
Declined to release the mix of store formats to open in 2011. However, he said that growth will continue Uterqüe, in order to consolidate and project in Mexico as a string with great potential.
In 2009 they opened the first unit Uterqüe in Santa Fe (Mexico City) and in 2010 in Angelópolis (Puebla), Gait (Guadalajara) and is inaugurated next to Peaches in the nation's capital. " Mexico was the fourth country , after Spain, Portugal and Greece, where it opened this format, is now present in 17 countries, Mexico has had a very good reception. "
Uterqüe is the new format of Inditex dedicated to accessories, fashion accessories and a selection of textile and fur garments . The full collection designed by the creative team Uterqüe, combines the esthetics of the latest fashion trends with the exclusivity of your product. According to the website of the company's total operating units in Mexico, 24% are Zara , Bershka 21%, 17% Pull & Bear, Oysho 15%, 14% Massimo Dutti and Zara Home and Uterqüe rest.
Globally, the General Manager of Communication and Institutional Relations of Inditex in the world made it clear that the priority of the company is consolidating its European operations and accelerate its expansion in Asia (compared to other markets) .
"In recent years in China beyond the cities of Shanghai, Beijing and Hong Kong, have been opening many stores in other places (of that country.) Capillary is entering geography throughout China," he revealed Echevarría.
Stocks up 15 days
The Indetex provisioning model is based on what is called the "supply of proximity" by how fast it is made. In this sense, more than 250 company designers work once the information retrieved from the shops.
"In 15 days and not more than 20 garments are ready to refill the stores receive 2 times a week these developments," said the executive.
The supply of Inditex in Mexico combines local products imported. In footwear is an important part of Guadalajara and León (as well as garments) and another decoration for Zara Home .
"In Mexico there are 18 suppliers of shoes: 9 in Leon and Guadalajara 9 in producing a total of 4 million units in footwear. Furthermore, these products are exported to Japan, Venezuela and Colombia (both in clothing and footwear)" , explained Lizbeth Luis, the Department of Communications and Institutional Relations Inditex Mexico.
Demanding customers
The level of customer demand in Mexico is very large not only in terms of quality, but in fashion . "The client and the client are extremely knowledgeable about fashion, is a culture of high fashion and that both permanently forcing us to an improvement in the level of fashion and how quickly you should arrive at different stores "acknowledged Echevarría.
That demand comes to the design teams, who must analyze trends that are arising in the stores, together with those of other countries. This affects the supply of fashion.
In terms of output, Mexico (where it employs about 5,000 people) belongs to the American region, which had a positive performance in the first 9 months of 2010 . The year 2010 ends on 31 January and the company will be releasing the results of that fiscal year to mid-March.
The American area contributes about 10% of the income of Inditex in the world. The group opened its first Zara store in 1975 in La Coruña (Spain), which started business and where its headquarters are located . To date, operates about 5,000 stores in over 80 countries
In 2010 Inditex, which operates Zara and Bershka, opened 20 stores in Mexico and plans to continue with this pace, Mexico is the most important market for the company over the United States and Canada.
VIDEO
Although Zara is the format of Inditex's flagship store in the world in recent years has diversified. (Photo: Ramón Sánchez Belmont)
RELATED ARTICLES
Amancio Ortega announces relief in Inditex
The fashion group's founder Paul Island proposed to occupy the chief executive of the group. Zara is growing in emerging countries
Inditex net income received higher than expected in the first half with 628 mde. The firms 'tabletizarán' in 2011
The companies buy about 10 million computers 'tablet', as a consultant. Guanajuato 'fit' to Inditex
Mexican companies are taking advantage of an agreement with Spanish group to provide shoes. The meIn Second Life there are also fashion!
Bershka brands like Dior, Armani, Chevignon and Nike are promoted in the virtual world. Zara circumvents crisis and win in 2008
Inditex, parent of the chain of clothing stores, record profits ³ 1.700 ± million dollars the year last year.
By: Jesus Ugarte
MEXICO CITY (FORTUNE) - After 18 years of operations, Mexico has become the largest market in America to Inditex , one of the leading producers and distributors of fashion in the world with eight store formats, including, Zara , Pull & Bear, Massimo Dutti, Bershka, Oysho, Zara Home and Uterqüe.
To date the company of Spanish origin in Mexico operates 208 units, far exceeding the combined U.S., Canada and Brazil (just over 90 in total together).
" Mexico was the first country in which the group developed its entire international model , so after he was in New York and Paris, but you can not really talk about the internationalization until he arrived in Mexico is a rich loop (with Mexico) "said Jesus Echevarria, president of Institutional Relations and Communication Inditex.
In 2010 the company headed by Amancio Ortega Gaona (considered the richest man in Spain and one of the wealthiest in the world ) , opened in Mexico a total of 20 stores and its expansion plan for this year considered to keep a similar pace, This will depend inter alia on the locations.
"We are on the same line, at the same level, without specifying a specific number of stores, our formula is not working, it makes sense, Inditex, Zara and other formats grow store to store, just in time you have the correct location in the face of the store, until there is no such location, did not arise as a goal , "said the executive in an interview with FORTUNE.
Declined to release the mix of store formats to open in 2011. However, he said that growth will continue Uterqüe, in order to consolidate and project in Mexico as a string with great potential.
In 2009 they opened the first unit Uterqüe in Santa Fe (Mexico City) and in 2010 in Angelópolis (Puebla), Gait (Guadalajara) and is inaugurated next to Peaches in the nation's capital. " Mexico was the fourth country , after Spain, Portugal and Greece, where it opened this format, is now present in 17 countries, Mexico has had a very good reception. "
Uterqüe is the new format of Inditex dedicated to accessories, fashion accessories and a selection of textile and fur garments . The full collection designed by the creative team Uterqüe, combines the esthetics of the latest fashion trends with the exclusivity of your product. According to the website of the company's total operating units in Mexico, 24% are Zara , Bershka 21%, 17% Pull & Bear, Oysho 15%, 14% Massimo Dutti and Zara Home and Uterqüe rest.
Globally, the General Manager of Communication and Institutional Relations of Inditex in the world made it clear that the priority of the company is consolidating its European operations and accelerate its expansion in Asia (compared to other markets) .
"In recent years in China beyond the cities of Shanghai, Beijing and Hong Kong, have been opening many stores in other places (of that country.) Capillary is entering geography throughout China," he revealed Echevarría.
Stocks up 15 days
The Indetex provisioning model is based on what is called the "supply of proximity" by how fast it is made. In this sense, more than 250 company designers work once the information retrieved from the shops.
"In 15 days and not more than 20 garments are ready to refill the stores receive 2 times a week these developments," said the executive.
The supply of Inditex in Mexico combines local products imported. In footwear is an important part of Guadalajara and León (as well as garments) and another decoration for Zara Home .
"In Mexico there are 18 suppliers of shoes: 9 in Leon and Guadalajara 9 in producing a total of 4 million units in footwear. Furthermore, these products are exported to Japan, Venezuela and Colombia (both in clothing and footwear)" , explained Lizbeth Luis, the Department of Communications and Institutional Relations Inditex Mexico.
Demanding customers
The level of customer demand in Mexico is very large not only in terms of quality, but in fashion . "The client and the client are extremely knowledgeable about fashion, is a culture of high fashion and that both permanently forcing us to an improvement in the level of fashion and how quickly you should arrive at different stores "acknowledged Echevarría.
That demand comes to the design teams, who must analyze trends that are arising in the stores, together with those of other countries. This affects the supply of fashion.
In terms of output, Mexico (where it employs about 5,000 people) belongs to the American region, which had a positive performance in the first 9 months of 2010 . The year 2010 ends on 31 January and the company will be releasing the results of that fiscal year to mid-March.
The American area contributes about 10% of the income of Inditex in the world. The group opened its first Zara store in 1975 in La Coruña (Spain), which started business and where its headquarters are located . To date, operates about 5,000 stores in over 80 countries
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