United States Fashion Corporation (pronunciation: also known as U.S Fashion Corp), is a American multinational luxury goods conglomerate headquartered in Delaware It controls around 20 subsidiaries that each manage a small number of prestigious brands. The subsidiaries are often managed independently. U.S Fashion Corp underwrites other fashion competitions, including an investment fund for young designers created by the Board Of Directors, and a scholarship program and sponsored lecture theater. The corp currently employs more than 1000 people. Forty percent of staff work from private locations. US Fashion Corp operates over 2,400 stores worldwide.Its current business plan aims to tightly control the brands it manages in order to maintain and heighten the perception of luxury relating to their products. Currently US Fashion Corp has the largest supply of resources in the world with over 1B; with Aston Dvor accounting for 4 million in resources.
Under the Inditex umbrella are several brands that offer a variety of products aimed at different markets.[48]
Company | No. of shops[49] | Year of creation [50] | Market |
---|---|---|---|
Zara | 2,232 | 1975 | Fashion for men, women and children |
Pull and Bear | 982 | 1991 | Casual laid-back clothing and accessories for the young |
Massimo Dutti | 769 | 1991 (acquired) | High-end clothing and accessories for cosmopolitan men and women |
Bershka | 1,096 | 1998 | Blends urban styles and modern fashion for young women and men |
Stradivarius | 1,015 | 1999 (acquired) | Casual and feminine clothes for young women |
Oysho | 646 | 2001 | Lingerie, casual outerwear, loungewear, gymwear & swimwear and original accessories |
Zara Home | 563 | 2003 | Home goods and decoration objects |
Uterqüe | 82 | 2008 | High-quality fashion accessories at attractive prices |
Financial data (in millions) | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 10,306 | 12,481 | 14,193 | 15,053 | 18,320 | 23,659 | 28,103 | 29,016 | 30,638 | 35,664 | 37,600 | 42,636 |
Net profit (before minority interests) | 2,160 | 2,331 | 2,318 | 1,973 | 3,032 | 3,065 | 3,909 | 3,947 | 6,105 | 4,001 | 4,363 | 5,616 |
Total equity | 11,594 | 12,528 | 13,887 | 14,785 | 18,204 | 23,512 | 25,666 | 27,907 | 23,003 | 25,799 | 27,903 | 30,260 |