Zara is a global fashion retailer founded in Spain in 1975 that operates in over 86 countries. It designs and manufactures clothing, shoes, accessories and more for men, women, and children. Zara is known for its ability to design and produce new fashion items and get them to stores within 2-4 weeks, much faster than competitors. It produces around 10,000 new designs annually. While Zara controls its entire supply chain, its main competitors H&M and Gap outsource production. Through a vertically integrated model and rapid production cycles, Zara is able to stay on top of the latest fashion trends.