1 maximizing the exploitation of ip assets: licensing, franchising © inditex 2008

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1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

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Page 1: 1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

1

MAXIMIZING THE EXPLOITATION

OF IP ASSETS:

LICENSING, FRANCHISING

© inditex 2008

Page 2: 1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

2

EXPLOITATION OF OWN IP ASSETS:

1.- Licences in franchises and joint ventures

2.- Licences for the sale and distribution of non-textile goods bearing our trademarks

© inditex 2008

EXPLOITATION OF IP ASSETS OF THIRD PARTIES :

1.- Licences from photographers and models

2.- Licences from illustrators and graphic designers

3.- Trademarks and copyrights licences to be used in our goods.

Page 3: 1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

3

EXPLOITATION OF OWN IP ASSETS:

1.- Licences in franchises and joint venturesNumber of stores per format as at the end of each fiscal year (1989 to 2006):

FormatType of St.

1989199

0199

11992

1993

1994

1995199

6199

7199

81999 2000 2001 2002 2003 2004 2005 2006

ZARA OWN 68 77 94 121 150 179 217 245 271 302 333 381 437 491 573 656 770 884

 FRANCHISE

0 0 0 0 0 0 0 1 3 8 16 25 29 40 53 67 82 106

Total ZARA   68 77 94 121 150 179 217 246 274 310 349 406 466 531 626 723 852 990

Massimo Dutti OWN 34 39 40 41 42 51 56 60 72 88 101 119 134 161 198 228 275 301

 FRANCHISE

0 17 26 26 28 33 38 43 56 68 81 82 88 89 99 98 94 98

Total MD   44 56 66 67 70 84 94 103 128 156 182 201 222 250 297 326 369 399

KIDDY'S CLASS OWN 6 6 6 6 21 34 41 44 46 44 44 43 41 59 103 129 149 185

Total KIDDYS   6 6 6 6 21 34 41 44 46 44 44 43 41 59 103 129 149 185

Pull & Bear OWN 0 0 14 64 109 132 152 155 164 176 176 195 220 261 314 333 380 420

 FRANCHISE

0 0 0 0 0 0 2 2 10 22 27 31 29 35 36 38 47 47

Total P&B   0 0 14 64 109 132 154 157 174 198 203 226 249 296 350 371 427 467

Bershka OWN 0 0 0 0 0 0 0 0 0 38 68 102 146 191 247 295 351 405

 FRANCHISE

0 0 0 0 0 0 0 0 0 1 1 2 5 6 6 7 17 28

Total BSK   0 0 0 0 0 0 0 0 0 39 69 104 151 197 253 302 368 433

Stradivarius OWN 0 0 0 0 0 18 21 27 31 38 47 66 86 118 154 183 208 240

 FRANCHISE

0 0 0 0 0 -18 -21 -27 -31 -38 28 34 34 35 37 44 55 64

Total STR   0 0 0 0 0 0 0 0 0 0 75 100 120 153 191 227 263 304

OYSHO OWN 0 0 0 0 0 0 0 0 0 0 0 0 34 71 74 102 149 194

 FRANCHISE

0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 2 5 7

Total OYSHO   0 0 0 0 0 0 0 0 0 0 0 0 34 72 76 104 154 201

Zara Home OWN 0 0 0 0 0 0 0 0 0 0 0 0 0 0 26 62 100 140

 FRANCHISE

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10 12

Total HOME   0 0 0 0 0 0 0 0 0 0 0 0 0 0 26 62 110 152

Total   118 139 180 258 350 429 506 550 622 747 922 1080 1283 1558 1922 2244 2692 3131

© inditex 2007

Page 4: 1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

4

© inditex 2008

EXPLOITATION OF OWN IP ASSETS:

1.- Licences in franchises and joint ventures

1989 1990 1991 1992 1993

Format Type.St STORESNo.Coun

t

STORESNo.Coun

tSTORES

No.Count STORES

No.Count

STORESNo.Coun

t

ZARA OWN 68 3 77 4 94 4 121 5 150 6

  FRANCHISE 0 0 0 0 0 0 0 0 0 0

Total ZARA   68 3 77 4 94 4 121 5 150 6

MD OWN 34 1 39 1 40 1 41 1 42 1

  FRANCHISE 10 1 17 1 26 2 26 2 28 2

Total MD   44 2 56 2 66 3 67 3 70 3

KIDDYS OWN 6 1 6 1 6 1 6 1 21 1

Total KIDDYS

  6 1 6 1 6 1 6 1 21 1

P&B OWN 0 0 0 0 14 1 64 2 109 2

  FRANCHISE 0 0 0 0 0 0 0 0 0 0

Total P&B   0 0 0 0 14 1 64 2 109 2

BSK OWN 0 0 0 0 0 0 0 0 0 0

  FRANCHISE 0 0 0 0 0 0 0 0 0 0

Total BSK   0 0 0 0 0 0 0 0 0 0

STR OWN 0 0 0 0 0 0 0 0 0 0

  FRANCHISE 0 0 0 0 0 0 0 0 0 0

Total STR   0 0 0 0 0 0 0 0 0 0

OYSHO OWN 0 0 0 0 0 0 0 0 0 0

  FRANCHISE 0 0 0 0 0 0 0 0 0 0

Total OYSHO

  0 0 0 0 0 0 0 0 0 0

HOME OWN 0 0 0 0 0 0 0 0 0 0

  FRANCHISE 0 0 0 0 0 0 0 0 0 0

Total HOME   0 0 0 0 0 0 0 0 0 0

Total   118 4 139 5 180 6 258 7 350 8

Number of stores and presence in Countries per format as at the end of each fiscal year (1989 – 1993):

Page 5: 1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

5

EXPLOITATION OF OWN IP ASSETS:

1.- Licences in franchises and joint ventures1994 1995 1996 1997 1998

Format Type St. STORES No.Count STORES No.Count STORES No.Count STORES No.CountSTORES

No.Count

ZARA OWN 179 7 217 7 245 7 271 7 302 12

  FRANCHISE 0 0 0 0 1 1 3 2 8 4

Total ZARA   179 7 217 7 246 8 274 9 310 16

MD OWN 51 1 56 1 60 1 72 2 88 2

  FRANCHISE 33 4 38 5 43 5 56 6 68 8

Total MD   84 5 94 6 103 6 128 8 156 10

KIDDYSOWN

34 2 41 2 44 2 46 2 44 2

Total KIDDYS   34 2 41 2 44 2 46 2 44 2

P&B OWN 132 2 152 3 155 3 164 3 176 4

 FRANCHISE

0 0 2 2 2 2 10 4 22 6

Total P&B   132 2 154 5 157 5 174 7 198 10

BSK OWN 0 0 0 0 0 0 0 0 38 2

  FRANCHISE 0 0 0 0 0 0 0 0 1 1

Total BSK   0 0 0 0 0 0 0 0 39 3

STR OWN 18 1 21 1 27 1 31 1 38 1

  FRANCHISE -18 0 -21 0 -27 0 -31 0 -38 0

Total STR   0 1 0 1 0 1 0 1 0 1

OYSHO OWN 0 0 0 0 0 0 0 0 0 0

  FRANCHISE 0 0 0 0 0 0 0 0 0 0

Total OYSHO   0 0 0 0 0 0 0 0 0 0

HOME OWN 0 0 0 0 0 0 0 0 0 0

  FRANCHISE 0 0 0 0 0 0 0 0 0 0

Total HOME   0 0 0 0 0 0 0 0 0 0

Total   429 11 506 12 550 13 622 17 747 25

Number of stores and presence in Countries per format as at the end of each fiscal year (1994 – 1998):

© inditex 2008

Page 6: 1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

6

EXPLOITATION OF OWN IP ASSETS:

1.- Licences in franchises and joint ventures

1999 2000 2001 2002 2003 2004 2005 2006

Format Type St.STORE

SNO.

countSTORE

SNO.

countSTORE

SNO.

countSTORE

SNO.

countSTORE

SNO.

countSTORE

SNO.

countSTORE

SNO.

countSTORE

SNO.

count

ZARA OWN 333 18 381 20 437 24 491 26 573 28 656 30 770 31 884 34

  FRANCHISE 16 7 25 9 29 10 40 15 53 19 67 25 82 28 106 31

Total ZARA   349 25 406 29 466 34 531 41 626 47 723 55 852 59 990 65

MD OWN 101 1 119 2 134 3 161 9 198 9 228 11 275 12 301 13

  FRANCHISE 81 11 82 11 88 15 89 15 99 15 98 15 94 16 98 17

Total MD   182 12 201 13 222 18 250 24 297 24 326 26 369 28 399 30

KIDDYS OWN 44 2 43 2 41 2 59 2 103 2 129 2 149 2 185 5

Total KIDDYS

  44 2 43 2 41 2 59 2 103 2 129 2 149 2 185 5

P&B OWN 176 3 195 3 220 4 261 5 314 5 333 5 380 10 420 12

  FRANCHISE 27 6 31 7 29 8 35 11 36 13 38 14 47 14 47 16

Total P&B   203 9 226 10 249 12 296 16 350 18 371 19 427 24 467 28

BSK OWN 68 2 102 3 146 5 191 7 247 10 295 11 351 15 405 16

  FRANCHISE 1 1 2 1 5 2 6 2 6 3 7 3 17 5 28 8

Total BSK   69 3 104 4 151 7 197 9 253 13 302 14 368 20 433 24

STR OWN 47 2 66 3 86 3 118 3 154 3 183 3 208 5 240 8

  FRANCHISE 28 4 34 6 34 7 35 8 37 7 44 8 55 10 64 12

Total STR   75 6 100 9 120 10 153 11 191 10 227 11 263 15 304 20

OYSHO OWN 0 0 0 0 34 7 71 6 74 6 102 6 149 6 194 7

  FRANCHISE 0 0 0 0 0 0 1 1 2 2 2 2 5 4 7 5

Total OYSHO

  0 0 0 0 34 7 72 7 76 8 104 8 154 10 201 12

HOME OWN 0 0 0 0 0 0 0 0 26 4 62 6 100 9 140 10

  FRANCHISE 0 0 0 0 0 0 0 0 0 0 0 0 10 5 12 5

Total HOME   0 0 0 0 0 0 0 0 26 4 62 6 110 14 152 15

Total   922 35 1080 38 1283 45 1558 51 1922 56 2244 64 2692 68 3131 70

Number of stores and presence in Countries per format as at the end of each fiscal year(1999 – 2006):

© inditex 2008

Page 7: 1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

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EXPLOITATION OF OWN IP ASSETS :2.- Trademarks licence for the sale and distribution of non-textile goods

© inditex 2008

Page 8: 1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

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EXPLOITATION OF OWN IP ASSETS :2.- Trademarks licence for the sale and distribution of non-textile goods

© inditex 2008

Page 9: 1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

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EXPLOITATION OF OWN IP ASSETS :2.- Trademarks licence for the sale and distribution of non-textile goods

© inditex 2008

Page 10: 1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

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EXPLOITATION OF OWN IP ASSETS :2.- Trademarks licence for the sale and distribution of non-textile goods

© inditex 2008

Page 11: 1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

11

EXPLOITATION IP ASSETS OF THIRD PARTIES

1.- Licences from photographers and models

© inditex 2008

Page 12: 1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

12

EXPLOITATION IP ASSETS OF THIRD PARTIES :

2.- Licences from illustrators and graphic designers

© inditex 2008

Page 13: 1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

13

EXPLOITING IP ASSETS OF THIRD PARTIES:3.- Trademark and copyrights licences to be used in our products.

© inditex 2008

Page 14: 1 MAXIMIZING THE EXPLOITATION OF IP ASSETS: LICENSING, FRANCHISING © inditex 2008

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THANK YOU VERY MUCH

© inditex 2008