ZARA: IT for Fast Fashion Önder BARLAS Executive MBA Student Boğaziçi University‚ Istanbul Abstract: In 2003 Zara faced a problem whether to upgrade the operating system they used for their point-of-sale (POS) to a new Windows based one‚ or to continue using the stable and old one. This report aims to analyze the problem by conducting a SWOT analysis and offering a solution path best suited on Zara’s strategic position in the clothing industry. 1. Brief Information about Inditex and Zara Inditex
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The primary influence in fashion in the 1940s was war‚ which actually set out to mark the new standard. The United States had remained safe and out of the war overseas‚ between Germany‚ Japan‚ England‚ Poland‚ and France‚ but after the Japanese attack on Pearl Harbor on December 7th‚ 1941‚ the United States declared war on Japan‚ Germany‚ and Italy‚ officially entering World War II. Before Paris fell to Germany‚ the majority of fashion designers based their designs on French apparel. The United
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chapter 2 PERSPECTIVES ON GLOBALIZATION chapter outline ™ Introduction ™ What is globalization? Globalization of markets Globalization of production ™ Methods of internationalizing operations Outsourcing Foreign direct investment (FDI) ™ Th eories of international business expansion Early theories of FDI Th eory of incremental internationalization Dunning’s eclectic paradigm ™ Changing patterns of FDI Destinations of FDI Outward investors ™ Impact of globalization on societies Economic
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Session 8 Joseph Stiglitz‚ Globalization and its Discontents‚ 2002 Chapters 1 and 2 [pic] Chapter 1: The Promise of Global Institutions International Organizations – powerful institutions today A. International Bureaucrats – the “faceless symbols of the world economic order” are under attack B. Protests of Int’l Org Meetings – continual flashpoints/conflict 1. WTO – Seattle‚ 1999 protest 2. Annual IMF/World Bank protests
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relationship with globalization. Because consumer capitalism has spread to non-originating countries‚ and non-Americanized cultures‚ the practices of accounting and financial management must standardize their policies. Thus‚ accounting must be regarded beyond capital market settings‚ and the different effects that accounting has had in such sites must be examined. WHY ACCOUNTING IS CHANGING GLOBALIZATION Since leading companies have subsidiaries in all important market regions‚ globalization has changed
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Fashion merchandising is where fashion and business meet. Fashion merchandising involves marketing fashions to various retail stores‚ boutiques and wholesalers. The mission of a fashion merchandiser includes connecting different fashions to consumers and anticipating what your clients will be interested in. Fashion merchandising doesn’t center on fashion alone; it entails a keen business sense and knowledge of assorted marketing strategies and techniques. Fashion merchandisers are customer-oriented
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Drivers of Globalization In today’s growth of technology companies can be based in one country and operate business on the other side of the world. Becoming a global organization has helped economies that would otherwise struggle. Instead of only being able to reach thousands of consumers an organization is now able to reach millions. An organization usually seeks to go global to increase revenue. Whether it is a small organization looking to build profits or a large publically traded organization
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Diploma in Fashion Design Principles of Fashion Unit 2 Diploma in Fashion Design Unit 2 Principles of Fashion On successful completion of this unit the learner will be able to: Explain how the elements of fashion appeal influence the purchaser Describe the classification of clothing according to their use and types Explain factors which affect the decision to buy in fashion Describe the process of the product development in fashion industry Explain the main areas of fashion wear
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Fashion Introduction : Fashion‚ a general term for a currently popular style or practice‚ especially in clothing‚ foot wear or accessories. Fashion references to anything that is the current trend in look and dress up of a person. The more technical term‚ costume‚ has become so linked in the public eye with the term "fashion" that the more general term "costume" has in popular use mostly been relegated to special senses like fancy dress or masquerade wear‚ while the term "fashion" means
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Inditex’s relative operating economics? Its relative capital efficiency? Note that while the electronic version of Exhibit 6 automates some of the comparisons‚ you will probably want to dig further into them. Background: Inditex is an international fashion retailer that designed‚ manufactured and sold apparel‚ footwear‚ and accessories for women‚ men‚ and children through Zara and other five chains around the world. The six retailing chains were organized as separate business units within an overall
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