Info-Zip made the very poor decision to control zip's options via the ZIP environment variable. Especially poor given availability of the much better ZIPOPT variable.
http://www.info-zip.org/mans/zip.html#ENVIRONMENT

Make made the questionable choice of exporting make variables on the command line to subprocesses. As a result, makefiles that invoke zip must avoid using ZIP as a make variable; else mayhem ensues.

Here is a demonstration of what can go wrong:

$ make ZIP=/usr/bin/zip images
Note: Command line contains non-control variables:
* ZIP=/usr/bin/zip
Make sure it is not mistyped, and that you intend to override this variable.
'make help' will list known control variables.

Note: Command line contains non-control variables:
* ZIP=/usr/bin/zip
Make sure it is not mistyped, and that you intend to override this variable.
'make help' will list known control variables.

Building target 'images' in configuration 'linux-x86_64-normal-server-release'
Building JVM variant 'server' with features 'all-gcs cds compiler1 compiler2 dtrace fprof jni-check jvmci jvmti management nmt services vm-structs'
zip I/O error: Permission denied
zip error: Could not create output file (/usr/bin/zip.zip)

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Good thing I wasn't running the build as root!