1. How would you describe Zara’s financial performance? Since only Inditex historical financials are shown in the case‚ we took the financials of Inditex to describe Zara’s financial performance. It is reasonable to take Inditex financial data because Zara made up 76% of Inditex’s sales in 2001. Zara (Inditex) Financial Performance in 1996-2001 1996 1997 1998 1999 2000 2001 Liquidity Ratio (current ratio) 0.81 1.00 0.88 0.87 0.90 1.02 Leverage Ratio (debt/ equity) 1.98 1.84 1
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Essay 31.03.2011 Fashion & Franchising Data of franchising in fashion industry testifies that over 60 % networks of known trademarks are organized by a franchise principle. In nonfood trade the greatest share of franchise market in 2008 was occupied with clothes and footwear franchises (51 %). In comparison with 2007‚ there was registered a strong jump in development of clothes trade which made 40.5 %‚ and footwear trade – 84.6 %[1]. Let’s consider experience of large and all known franchising
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differentiation from competitors and creating a loyal customer base which are less likely to shift to competitors programs. Targeting shows to a narrow (and profitable) segment of viewers would brand the network as a premium fashion provider‚ a channel that is focused only on delivering high quality and do not intends to satisfies all. A positive by product of this approach would be higher customer retention which has higher monetary value than the casual viewer (acquiring a new costumer is estimated to cost
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If you look back through the past sixty years of fashion‚ you may notice a pattern. People may say that the true years of fashion began in the late nineteen forties and went on through the early nineteen sixties. If you look at fashion today‚ its almost repeated the look from sixty years ago. In each generation fashion trends become based on history and/or important events. in the nineteen forties fashion was being modeled by the military wear. World War II caused a drastic change in the way clothes
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Fashion in the 1920’s Elias Casas Perez Period 3 The 1920’s is when fashion entered the modern era. Women decided to abandon the restricting and plain clothing that they wore and started to wear exoctic clothing and makeup. Men also abandoned the normal attire and began to wear athletic loose clothing. Coco Chanel was one of the most influential women of the 1920’s‚ she was one of the first women to wear trousers‚ cut her hair‚ and reject the corset. Coco Chanel did much to further the emancipation
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1. What is the key consumer and market data you would consider if you were Dana Wheeler? I would consider that the key consumer is Fashionistas and market data is a research study on customer satisfaction with cable networks if I were Dana Wheeler. The goal is building on the momentum TFC had created to date and stave off any competitors trying to make inroads. For the channel that needs to obtain competitiveness advantage‚ it is important to attract Fashionistas including highly valued demographic
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OBJECTIVE Passionate about the fashion industry‚ I wish to expand my skills by working with a dedicated and innovative team of designers. Seeking to obtain a challenging position as a Fashion Designer in a professional‚ artistic environment where I can use my talent to benefit the company and its clients and also shine up my skills. My goal is to assist in bringing current international fashion trends‚ developing unique styles‚ and providing beautiful and practical clothes to the public.
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definition of fashion‚the meaning of fashion and the interaction of this meaning with cultural values and finally he discusses the communication of fashion. Then author emphasizes the ways fashion uses to communicate and discussion of communication models that fashion uses by examining whether fashion is the meaning of an interaction between cultural values and visual culture or fashion is a reflection of an identity‚ a way to convey messages. Author mainly asks the question that fashion by itself can
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availability‚ locality‚ class‚ wealth and group affiliation. Fashion is a form of free speech. It not only embraces clothing‚ but also accessories‚ jewellery‚ hairstyles‚ beauty and body art. What we wear and how and when we wear it‚ provides others with a shorthand to subtly read the surface of a social situation. Fashion is a language of signs‚ symbols and iconography that non-verbally communicate meanings about individuals and groups. Fashion in all its forms from a tattooed and pierced navel‚ to
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Is Fashion Important? To answer this question‚ different people have different views regarding the importance of fashion. But‚ according to me‚ most people will say “yes”. Fashion is not a new thing in the world as it is found every where. Fashion changed from time to time but it has shown its existence in all ages. Not only young people do fashion‚ children‚ old people also do it But despite all these differences‚ one thing which would be common in almost all the answers would be that fashion
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