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Inditex signs agreement with China's Tsinghua SEM University

Inditex has signed a three year agreement with the Tsinghua University, which will see the Spanish fashion conglomerate donating resources to a number of the schools programmes.

Inditex signs agreement with China's Tsinghua SEM University

The agreement, which was signed on Thursday by Inditex chairman and CEO Pablo Isla ​ and the Dean of the Tsinghua University School of Economics and Management (SEM) and Professor Yingyi Qian, also sees selected Tsinghua students attending a one-week immersion programme in Spain, where they will visit prominent schools and study Inditex'a business models.

Inditex signs agreement with China's Tsinghua SEM University

The immersion programme will be supported by the grants offered by Inditex, which aims to offer students practical experience in fashion retail, management and logistics as well as environmental protection and sustainable development. The new agreement also sees Inditex support training programmes which offers backing to the professional development of academic staff in research and teacher training.

Following the signing of the agreement, Isla gave a speech to 500 Tsinghua students, during which he discussed Inditex's business model which fully integrates stores and online. Isla highlighted the importance of feeling "motivated and passionate about what you do." The CEO went on to highlight the importance of teamwork, feeling part of the company and sustainability in all business decisions.

Inditex signs agreement with China's Tsinghua SEM University

"This means setting sights on the long term, both from a social and environmental point of view, while keeping in mind the short and medium term performance," said Isla, referring to Inditex's eco-efficient store programme. He also highlighted the importance of the Chinese market to Inditex and how the company will continue to listen and learn from them .

Photos: Courtesy of Inditex