Gennaro Cuofano's Blog, page 73
March 19, 2024
Who Owns Oysho?
Inditex owns Oysho, and Amancio Ortega, the wealthiest man in Spain, owns the fashion empire. The group also owns Zara. Oysho is one of the leading brands within Inditex’s “fast fashion” empire. For 2023, it represented over 2% of Inditex revenue and followed a mostly direct strategy, with its company-managed flagship stores enhanced by franchised stores.
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Oysho, a popular lingerie and sleepwear retailer offers comfortable and stylish products with a focus on quality and attention to detail. Oysho generates revenue through product sales in both physical stores and online platforms. Their key activities include lingerie design, store operations, and e-commerce management. Strategic partnerships and a target customer base of women of all ages contribute to their success.
Oysho generated €744 million in revenue in 2023, €623 million in 2022, and €600 million in revenue in 2021, compared to €522 million in 2020 and €604 million in 2019.
Oysho generated €136 million in profit before tax in 2023, €78 million in profit before tax in 2022, and €89 million in profit before tax in 2021, compared to €43 million in 2020 and €70 million in 2019.
In 2023 Oysho had 349 company-managed stores vs. 90 franchised stores. Compared to 369 company-managed stores and 88 franchised stores in 2022.
Oysho generated 81% of its sales from company-managed stores in 2023, vs. 19% from franchised stores.The post Who Owns Oysho? appeared first on FourWeekMBA.
Stradivarius Distribution Strategy
Stradivarius, a prominent fashion retailer, operates on a successful business model primarily based on direct distribution via its company-owned and managed stores, which are amplified by a smaller number of franchised stores.
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Inditex owns Stradivarius, and Amancio Ortega, the wealthiest man in Spain, owns the fashion empire. The group also owns Zara. Stradivarius is one of the leading brands within Inditex’s “fast fashion” empire. For 2023, It represented 6.5% of Inditex revenue and followed a mostly direct strategy with its company-managed flagship stores also enhanced by franchised stores. 
Stradivarius generated €2.33 billion in revenue in 2023, €2.05 billion in 2022, and €1.82 billion in revenue in 2021, compared to €1 billion in 2020 and €2 billion in 2019.
Stradivarius generated €493 million in profit before tax in 2023, compared to €371 million in 2022, €332 million in 2021, €117 million in 2020 and €300 million in 2019.
Stradivarius had 644 company-managed stores, vs. 197 franchised stores, in 2023. Compared to 647 company-managed stores vs. 202 franchised stores in 2022. 
Stradivarius generated 80% of its sales from company-managed stores in 2023, vs. 20% from franchised stores.The post Stradivarius Distribution Strategy appeared first on FourWeekMBA.
Stradivarius Franchised Stores
Stradivarius had 197 franchised stores in 2023, 202 in 2022, 198 in 2021, 198 in 2020, 205 in 2019, and 202 in 2018.
Related Visual StoriesInditex owns Stradivarius, and Amancio Ortega, the wealthiest man in Spain, owns the fashion empire. The group also owns Zara. Stradivarius is one of the leading brands within Inditex’s “fast fashion” empire. For 2023, It represented 6.5% of Inditex revenue and followed a mostly direct strategy with its company-managed flagship stores also enhanced by franchised stores. Stradivarius generated €2.33 billion in revenue in 2023, €2.05 billion in 2022, and €1.82 billion in revenue in 2021, compared to €1 billion in 2020 and €2 billion in 2019.Stradivarius generated €493 million in profit before tax in 2023, compared to €371 million in 2022, €332 million in 2021, €117 million in 2020 and €300 million in 2019.Stradivarius had 644 company-managed stores, vs. 197 franchised stores, in 2023. Compared to 647 company-managed stores vs. 202 franchised stores in 2022. Stradivarius generated 80% of its sales from company-managed stores in 2023, vs. 20% from franchised stores.The post Stradivarius Franchised Stores appeared first on FourWeekMBA.
February 20, 2024
Fred Luddy’s Net Worth
ServiceNow’s top individual investor is Fred Luddy, the company’s founder. He stepped down as CEO of ServiceNow in 2011 and now has an advisory role within the company. By 2023, he owned 164,777 company stocks. He also sold some of his stocks over the years, and his net worth as of 2023 might pass a billion dollars.
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ServiceNow is an American cloud-computing platform that manages digital workflows for enterprise operations. The company is primarily owned by institutional investors, like Vanguard Group (8.4% ownership), BlackRock (7.8% ownership), and T. Rowe Price Associates (7.4% ownership). The top individual investor is Fred Luddy, the company’s founder. He stepped down as CEO of ServiceNow in 2011 and now has an advisory role within the company. By 2023, he owned 164,777 company stocks.
ServiceNow is an American cloud-computing platform designed to manage digital workflows for enterprise operations. The company was founded as Glidesoft in 2003 by Fred Luddy. ServiceNow makes approximately 97% of its revenue through subscription fees, with the exact fee a client has to pay dependent upon the features they require and the level of customization. ServiceNow makes money from professional services, defined as any activity the company performs to help clients maximize platform value. ServiceNow also makes money by offering customer training.
ServiceNow generated $8.97 billion in revenue in 2023, $7.24 billion in 2022, and $5.89 billion in 2021. 
ServiceNow generated over $1.7 billion in profits in 2023, compared to $325 million in 2022 and $230 million in 2021. ServiceNow Subscription Revenue
ServiceNow generates most of its revenue from subscriptions. In 2023 the company generated $8.68 billion in revenue in 2023, $6.89 in 2022, and $5.57 billion in 2021. ServiceNow Subscription Revenue Breakdown
In 2023 ServiceNow generated $8.68 billion in subscription revenues, of which $7.68 billion in Digital workflow products and a billion dollars in ITOM products. ServiceNow Professional Service Revenue
ServiceNow generated $291 million from the professional services segment in 2023, compared to $354 million in 2022 and $323 million in 2021. 
Gross margins from subscription services were reported to be over 81%, thus making its subscription business critical to sustaining the ServiveNow business model. While gross margins from professional services are negative, the professional services segment is instrumental from a retention standpoint, as it is an enabler of the subscription business.
ServiceNow had 22,668 employees in 2023, 20,433 employees in 2022, and 16,881 employees in 2021. ServiceNow Revenue per Employees
ServiceNow generated $395,756 per employee in 2023, $354,573 in 2022, and $349,268 in 2021. The post Fred Luddy’s Net Worth appeared first on FourWeekMBA.
Who Owns ServiceNow?
ServiceNow is an American cloud-computing platform that manages digital workflows for enterprise operations. The company is primarily owned by institutional investors, like Vanguard Group (8.4% ownership), BlackRock (7.8% ownership), and T. Rowe Price Associates (7.4% ownership). The top individual investor is Fred Luddy, the company’s founder. He stepped down as CEO of ServiceNow in 2011 and now has an advisory role within the company. By 2023, he owned 164,777 company stocks.
Related Visual StoriesServiceNow is an American cloud-computing platform that manages digital workflows for enterprise operations. The company is primarily owned by institutional investors, like Vanguard Group (8.4% ownership), BlackRock (7.8% ownership), and T. Rowe Price Associates (7.4% ownership). The top individual investor is Fred Luddy, the company’s founder. He stepped down as CEO of ServiceNow in 2011 and now has an advisory role within the company. By 2023, he owned 164,777 company stocks.ServiceNow is an American cloud-computing platform designed to manage digital workflows for enterprise operations. The company was founded as Glidesoft in 2003 by Fred Luddy. ServiceNow makes approximately 97% of its revenue through subscription fees, with the exact fee a client has to pay dependent upon the features they require and the level of customization. ServiceNow makes money from professional services, defined as any activity the company performs to help clients maximize platform value. ServiceNow also makes money by offering customer training.ServiceNow generated $8.97 billion in revenue in 2023, $7.24 billion in 2022, and $5.89 billion in 2021. ServiceNow generated over $1.7 billion in profits in 2023, compared to $325 million in 2022 and $230 million in 2021. ServiceNow Subscription Revenue
ServiceNow generates most of its revenue from subscriptions. In 2023 the company generated $8.68 billion in revenue in 2023, $6.89 in 2022, and $5.57 billion in 2021. ServiceNow Subscription Revenue Breakdown
In 2023 ServiceNow generated $8.68 billion in subscription revenues, of which $7.68 billion in Digital workflow products and a billion dollars in ITOM products. ServiceNow Professional Service Revenue
ServiceNow generated $291 million from the professional services segment in 2023, compared to $354 million in 2022 and $323 million in 2021. Gross margins from subscription services were reported to be over 81%, thus making its subscription business critical to sustaining the ServiveNow business model. While gross margins from professional services are negative, the professional services segment is instrumental from a retention standpoint, as it is an enabler of the subscription business.ServiceNow had 22,668 employees in 2023, 20,433 employees in 2022, and 16,881 employees in 2021. ServiceNow Revenue per Employees
ServiceNow generated $395,756 per employee in 2023, $354,573 in 2022, and $349,268 in 2021. The post Who Owns ServiceNow? appeared first on FourWeekMBA.
ServiceNow Cost Structure
Gross margins from subscription services were reported to be over 81%, thus making its subscription business critical to sustaining the ServiveNow business model. While gross margins from professional services are negative, the professional services segment is instrumental from a retention standpoint, as it is an enabler of the subscription business.
Related Visual StoriesServiceNow is an American cloud-computing platform that manages digital workflows for enterprise operations. The company is primarily owned by institutional investors, like Vanguard Group (8.4% ownership), BlackRock (7.8% ownership), and T. Rowe Price Associates (7.4% ownership). The top individual investor is Fred Luddy, the company’s founder. He stepped down as CEO of ServiceNow in 2011 and now has an advisory role within the company. By 2023, he owned 164,777 company stocks.ServiceNow is an American cloud-computing platform designed to manage digital workflows for enterprise operations. The company was founded as Glidesoft in 2003 by Fred Luddy. ServiceNow makes approximately 97% of its revenue through subscription fees, with the exact fee a client has to pay dependent upon the features they require and the level of customization. ServiceNow makes money from professional services, defined as any activity the company performs to help clients maximize platform value. ServiceNow also makes money by offering customer training.ServiceNow generated $8.97 billion in revenue in 2023, $7.24 billion in 2022, and $5.89 billion in 2021. ServiceNow generated over $1.7 billion in profits in 2023, compared to $325 million in 2022 and $230 million in 2021. ServiceNow Subscription Revenue
ServiceNow generates most of its revenue from subscriptions. In 2023 the company generated $8.68 billion in revenue in 2023, $6.89 in 2022, and $5.57 billion in 2021. ServiceNow Subscription Revenue Breakdown
In 2023 ServiceNow generated $8.68 billion in subscription revenues, of which $7.68 billion in Digital workflow products and a billion dollars in ITOM products. ServiceNow Professional Service Revenue
ServiceNow generated $291 million from the professional services segment in 2023, compared to $354 million in 2022 and $323 million in 2021. Gross margins from subscription services were reported to be over 81%, thus making its subscription business critical to sustaining the ServiveNow business model. While gross margins from professional services are negative, the professional services segment is instrumental from a retention standpoint, as it is an enabler of the subscription business.ServiceNow had 22,668 employees in 2023, 20,433 employees in 2022, and 16,881 employees in 2021. ServiceNow Revenue per Employees
ServiceNow generated $395,756 per employee in 2023, $354,573 in 2022, and $349,268 in 2021. The post ServiceNow Cost Structure appeared first on FourWeekMBA.
ServiceNow Professional Service Business
While gross margins from professional services are negative, the professional services segment is instrumental from a retention standpoint, as it is an enabler of the subscription business.
Related Visual StoriesServiceNow is an American cloud-computing platform that manages digital workflows for enterprise operations. The company is primarily owned by institutional investors, like Vanguard Group (8.4% ownership), BlackRock (7.8% ownership), and T. Rowe Price Associates (7.4% ownership). The top individual investor is Fred Luddy, the company’s founder. He stepped down as CEO of ServiceNow in 2011 and now has an advisory role within the company. By 2023, he owned 164,777 company stocks.ServiceNow is an American cloud-computing platform designed to manage digital workflows for enterprise operations. The company was founded as Glidesoft in 2003 by Fred Luddy. ServiceNow makes approximately 97% of its revenue through subscription fees, with the exact fee a client has to pay dependent upon the features they require and the level of customization. ServiceNow makes money from professional services, defined as any activity the company performs to help clients maximize platform value. ServiceNow also makes money by offering customer training.ServiceNow generated $8.97 billion in revenue in 2023, $7.24 billion in 2022, and $5.89 billion in 2021. ServiceNow generated over $1.7 billion in profits in 2023, compared to $325 million in 2022 and $230 million in 2021. ServiceNow Subscription Revenue
ServiceNow generates most of its revenue from subscriptions. In 2023 the company generated $8.68 billion in revenue in 2023, $6.89 in 2022, and $5.57 billion in 2021. ServiceNow Subscription Revenue Breakdown
In 2023 ServiceNow generated $8.68 billion in subscription revenues, of which $7.68 billion in Digital workflow products and a billion dollars in ITOM products. ServiceNow Professional Service Revenue
ServiceNow generated $291 million from the professional services segment in 2023, compared to $354 million in 2022 and $323 million in 2021. Gross margins from subscription services were reported to be over 81%, thus making its subscription business critical to sustaining the ServiveNow business model. While gross margins from professional services are negative, the professional services segment is instrumental from a retention standpoint, as it is an enabler of the subscription business.ServiceNow had 22,668 employees in 2023, 20,433 employees in 2022, and 16,881 employees in 2021. ServiceNow Revenue per Employees
ServiceNow generated $395,756 per employee in 2023, $354,573 in 2022, and $349,268 in 2021. The post ServiceNow Professional Service Business appeared first on FourWeekMBA.
ServiceNow Subscription Business
Gross margins from subscription services were reported to be over 81%, thus making its subscription business critical to sustaining the ServiveNow business model.
Related Visual StoriesServiceNow is an American cloud-computing platform that manages digital workflows for enterprise operations. The company is primarily owned by institutional investors, like Vanguard Group (8.4% ownership), BlackRock (7.8% ownership), and T. Rowe Price Associates (7.4% ownership). The top individual investor is Fred Luddy, the company’s founder. He stepped down as CEO of ServiceNow in 2011 and now has an advisory role within the company. By 2023, he owned 164,777 company stocks.ServiceNow is an American cloud-computing platform designed to manage digital workflows for enterprise operations. The company was founded as Glidesoft in 2003 by Fred Luddy. ServiceNow makes approximately 97% of its revenue through subscription fees, with the exact fee a client has to pay dependent upon the features they require and the level of customization. ServiceNow makes money from professional services, defined as any activity the company performs to help clients maximize platform value. ServiceNow also makes money by offering customer training.ServiceNow generated $8.97 billion in revenue in 2023, $7.24 billion in 2022, and $5.89 billion in 2021. ServiceNow generated over $1.7 billion in profits in 2023, compared to $325 million in 2022 and $230 million in 2021. ServiceNow Subscription Revenue
ServiceNow generates most of its revenue from subscriptions. In 2023 the company generated $8.68 billion in revenue in 2023, $6.89 in 2022, and $5.57 billion in 2021. ServiceNow Subscription Revenue Breakdown
In 2023 ServiceNow generated $8.68 billion in subscription revenues, of which $7.68 billion in Digital workflow products and a billion dollars in ITOM products. ServiceNow Professional Service Revenue
ServiceNow generated $291 million from the professional services segment in 2023, compared to $354 million in 2022 and $323 million in 2021. Gross margins from subscription services were reported to be over 81%, thus making its subscription business critical to sustaining the ServiveNow business model. While gross margins from professional services are negative, the professional services segment is instrumental from a retention standpoint, as it is an enabler of the subscription business.ServiceNow had 22,668 employees in 2023, 20,433 employees in 2022, and 16,881 employees in 2021. ServiceNow Revenue per Employees
ServiceNow generated $395,756 per employee in 2023, $354,573 in 2022, and $349,268 in 2021. The post ServiceNow Subscription Business appeared first on FourWeekMBA.
February 19, 2024
ServiceNow Revenue Per Employee
ServiceNow generated $395,756 per employee in 2023, $354,573 in 2022, and $349,268 in 2021.
Related Visual StoriesServiceNow is an American cloud-computing platform that manages digital workflows for enterprise operations. The company is primarily owned by institutional investors, like Vanguard Group (8.4% ownership), BlackRock (7.8% ownership), and T. Rowe Price Associates (7.4% ownership). The top individual investor is Fred Luddy, the company’s founder. He stepped down as CEO of ServiceNow in 2011 and now has an advisory role within the company. By 2023, he owned 164,777 company stocks.ServiceNow is an American cloud-computing platform designed to manage digital workflows for enterprise operations. The company was founded as Glidesoft in 2003 by Fred Luddy. ServiceNow makes approximately 97% of its revenue through subscription fees, with the exact fee a client has to pay dependent upon the features they require and the level of customization. ServiceNow makes money from professional services, defined as any activity the company performs to help clients maximize platform value. ServiceNow also makes money by offering customer training.ServiceNow generated $8.97 billion in revenue in 2023, $7.24 billion in 2022, and $5.89 billion in 2021. ServiceNow generated over $1.7 billion in profits in 2023, compared to $325 million in 2022 and $230 million in 2021. ServiceNow Subscription Revenue
ServiceNow generates most of its revenue from subscriptions. In 2023 the company generated $8.68 billion in revenue in 2023, $6.89 in 2022, and $5.57 billion in 2021. ServiceNow Subscription Revenue Breakdown
In 2023 ServiceNow generated $8.68 billion in subscription revenues, of which $7.68 billion in Digital workflow products and a billion dollars in ITOM products. ServiceNow Professional Service Revenue
ServiceNow generated $291 million from the professional services segment in 2023, compared to $354 million in 2022 and $323 million in 2021. Gross margins from subscription services were reported to be over 81%, thus making its subscription business critical to sustaining the ServiveNow business model. While gross margins from professional services are negative, the professional services segment is instrumental from a retention standpoint, as it is an enabler of the subscription business.ServiceNow had 22,668 employees in 2023, 20,433 employees in 2022, and 16,881 employees in 2021. ServiceNow Revenue per Employees
ServiceNow generated $395,756 per employee in 2023, $354,573 in 2022, and $349,268 in 2021. The post ServiceNow Revenue Per Employee appeared first on FourWeekMBA.
ServiceNow Employees
ServiceNow had 22,668 employees in 2023, 20,433 employees in 2022, and 16,881 employees in 2021.
Related Visual StoriesServiceNow is an American cloud-computing platform that manages digital workflows for enterprise operations. The company is primarily owned by institutional investors, like Vanguard Group (8.4% ownership), BlackRock (7.8% ownership), and T. Rowe Price Associates (7.4% ownership). The top individual investor is Fred Luddy, the company’s founder. He stepped down as CEO of ServiceNow in 2011 and now has an advisory role within the company. By 2023, he owned 164,777 company stocks.ServiceNow is an American cloud-computing platform designed to manage digital workflows for enterprise operations. The company was founded as Glidesoft in 2003 by Fred Luddy. ServiceNow makes approximately 97% of its revenue through subscription fees, with the exact fee a client has to pay dependent upon the features they require and the level of customization. ServiceNow makes money from professional services, defined as any activity the company performs to help clients maximize platform value. ServiceNow also makes money by offering customer training.ServiceNow generated $8.97 billion in revenue in 2023, $7.24 billion in 2022, and $5.89 billion in 2021. ServiceNow generated over $1.7 billion in profits in 2023, compared to $325 million in 2022 and $230 million in 2021. ServiceNow Subscription Revenue
ServiceNow generates most of its revenue from subscriptions. In 2023 the company generated $8.68 billion in revenue in 2023, $6.89 in 2022, and $5.57 billion in 2021. ServiceNow Subscription Revenue Breakdown
In 2023 ServiceNow generated $8.68 billion in subscription revenues, of which $7.68 billion in Digital workflow products and a billion dollars in ITOM products. ServiceNow Professional Service Revenue
ServiceNow generated $291 million from the professional services segment in 2023, compared to $354 million in 2022 and $323 million in 2021. Gross margins from subscription services were reported to be over 81%, thus making its subscription business critical to sustaining the ServiveNow business model. While gross margins from professional services are negative, the professional services segment is instrumental from a retention standpoint, as it is an enabler of the subscription business.ServiceNow had 22,668 employees in 2023, 20,433 employees in 2022, and 16,881 employees in 2021. ServiceNow Revenue per Employees
ServiceNow generated $395,756 per employee in 2023, $354,573 in 2022, and $349,268 in 2021. The post ServiceNow Employees appeared first on FourWeekMBA.
