Open Zara Store in Suzhou Zara Project Report Yang Cao Kalele Perreira Hunan Lei Nicholas Case Business 201‚ Section 1 Professor Eli Berniker May 20‚ 2007 Table of Contents Introduction to the project: p.3 Intro to Zara: p.3—4 Business Vision: p.4 Location: p.4—7 Target Market: p.7—8 Business Start—up and Operation: p.8—14 Future Growth: p.14—15 Invest Recommendation: p.15—16 Why we choose Bank of China to get our initial fund? p.16 References:
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simple? What are the principles for Zara’s business operation?  Fundamental business philosophy of Zara The fundamental business strategy of Zara is very simple which is linking customer demand to manufacturing‚ and liking manufacturing to distribution. Zara has been running their business in fashion industry which is susceptible to seasons and quick changing customer tastes. Zara has been approached to and considered their business as a perishable commodity business just like a fresh baked
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Swott Analysis Strengths: Zara’s product is very fashionable due to the strong team of design and there is a strict control over the supply chain since design till produce and deliver‚ which the company will ensure that it meets the customers’ satisfaction at the end. Zara’s product cycle is much better than competitors‚ the brand is able to come up with the new design in very short amount of time and have finish goods ready in store within 24-48 hours. Zara produces up to 11‚000 items per year
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Product classification of Zara • Most clothing are classified as an “durable good” as they are used up slowly‚ • Clothing doesn’t need to be disposed of after being worn once‚ but rather could be cleaned and reword until a tear within the seams or a stain kills it‚ or ultimately it goes out of style [pic] Product Lifecycle • Due to the clothing industry is mainly backed behind by what is “cool” or “hip” to date‚ clothing often needs to refresh its look in order to attract customers to purchase
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Zara’s Case Study Company Profile Zara is one of the largest international fashion companies with 1671 stores around the globe. It is a part of Inditex holding. Inditex is one of the world’s largest fashion retailers‚ welcoming shoppers at its eight store formats -Zara‚ Pull & Bear‚ Massimo Dutti‚ Bershka‚ Stradivarius‚ Oysho‚ Zara Home and Uterqüe - boasting 5.693 stores in 85 markets [www.inditex.com]‚ [www.zara.com]. In 1975 the first Zara shop was founded in Spain. In 1976-1984 In-Spain
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Zara’s Fast Fashion ANP LIM College – MBA Program Absrtact This paper was written for the purpose of researching and illustrating fast fashion strategies which include strategic integrated supply chain‚ manufacturing and sourcing methods. Fast fashion is explained as a system that involves more control over operations and customer “strategic behavior” by using the combined benefits of both the “quick response production capabilities” or “short production and distribution lead times”‚
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Fashion is one of the world’s most important creative industries. It has provided economic thought with a canonical example in theorizing about consumption and conformity. Social thinkers have long treated fashion as a window upon social class and social change. Cultural theorists have focused on fashion to reflect on symbolic meaning and social ideals. Fashion has also been seen to embody representative characteristics of modernity‚ and even of culture itself. Everyone wears clothing and inevitably
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Executive Su Zara is a Spanish clothing and accessories retailer based in Arteixo‚ Galicia‚ and founded in 1975 by Amancio Ortega and Rosalía Mera. Zara is a chain of stores Belonging to the Spanish fashion group INDITEX founded by Amancio Ortega Gaona. It is the company’s flagship chain and is represented in Europe‚ America‚ Africa and Asia with 1412 stores in 69 countries‚ 324 of them in Spain with the headquarters in La Coru;a. During 2007 it opened 560 stores across the group. Zara is committed
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FASHION DESIGN Fashion Designing is the art of applying design and taste to create fashionable‚ trendy clothing. Fashion designers are most influenced by their culture. Some fashion designers work individually or in a team. The main goal of a fashion designer is to keep up with the styles and make their clothing appeal to consumers. Fashion Designers have many duties such as: Researching‚ sketching‚ choosing materials‚ looking at retail samples‚ and marketing
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SITUATION ANALYSIS Zara Brand Wheel Fashionable clothes Varied assortment Trendy colors Feminine cuts Fashionable product lines for moderate costs Customer-‐centered business Runway trends adapted for the streets Brand Essence Fashion-‐oriented woman Trendy in every situaFon Feeling good about looking good Fashion -‐
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