Porter analysis of Zara Zara fashion chain‚ with 546 stores in 30 countries today from which 340 are outside Spain- and 2914‚3 millions of total sales in 2002‚ is undoubtedly the group’s locomotive (Inditex‚ 2003). In 2002 it represented 33% of the group’s total stores‚ accounted for 72% of the group’s total sales and contributed to the holding’s total profits for 540.4 millions (Inditex FY2002 Results Presentation‚ 2003). Moreover‚ Zara with 75-90 new stores within 2003 takes the lion’s share
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homogeneous infrastructure‚ and shared information (Wailgum‚ 2008). At a high level‚ the supply chain consists of three types of flows: the product flow‚ the information flow‚ and the finances flow. The product flow is the movement of goods and products from suppliers to customers; the information flow involves the transmission and processing of orders and delivery status; and the finances flow entails processes such as payment processing and schedules‚ credit terms‚ and invoicing. The major activities
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NATIONAL INSTITUTE OF FASHION TECHNOLOGY‚ JODHPUR Application of Category Management Principles in ZARA Submitted To:- Mr. Sanjay Kumar Submitted By:- Mr. Ritesh Malpani IInd Semnester MFM Introduction:- Category management is a retailing and purchasing concept in which the range of products purchased by a business organization or sold by a retailer is broken down into discrete groups of similar or related products; these groups are known as product categories (examples of
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The Fashion Channel – Case Study Exercise 1: What is expected outcome of each of the targeting scenarios? (complete both the Ad Revenue and Financial calculators to fully understand the financial impact of the scenarios) Exhibit 4: Ad Revenue Calculator TV HH Average Rating Average Viewers (thousands) Average CPM1 Average Revenue/Ad Minute2 Ad Minutes/Week Weeks/Year Ad Revenue/Year Incremental Programming Expense 1 Revenue/Thousand Viewer 2 Calculated by multiplying Average Viewers by Average
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An insight into Zara as a Born Global Executive Summary Zara was first established just outside of Spain in1988‚ in 1994 Zara expanded into France and Mexico (Bhardwaj et al‚ 2010). Zara is owned by the INIDEX group in which it contributes to 64.8 per cent of total company sales (Inidex annual report‚ 2011) which was a 10 per cent growth on the previous fiscal year. Zara now has over 1830 stores worldwide across 82 markets in 64 countries‚ with plans to move into Korea‚ Egypt‚ Ukraine and Montenegro
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FASHION! Fashion summed up is an individual statement or expression. But‚ Fashion can mean lots of different things for different people. So if fashion means different things for different people there should be many different fashion styles right? Well your right and here are some of them named Boho‚Feminine ‚Chic‚Couture‚Elegant ‚Bold‚Sporty‚Glam‚Sophisticated‚School Girl (prep style)‚Nautical ‚Goth ‚Emo‚Earthy‚Polished‚Urban‚Classic‚Statement‚Festival‚Vintage and Hipster. The pros and cons
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Q 1.: What is unique about Zara’s business model? Zara has proved to be a maverick of its time it came at a time that the apparel industry was fragmented there was no integration‚ the costs incurred were enormous it was highly labor-intensive leading to outsourcing to save on costs and the business model prevalent was not proving to be highly successful as compared to the models of other industries. In came Zara and showed that strategic imperatives depended on how a retailer sought to create and
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Competitors’ customers Even though Zara can survive with the highest market share in the clothing market‚ still there are those competitors out there that Zara might gain more of their customers if it applied new marketing strategies . There’ 4 main competitors that the company should consider‚ including H&M‚ Mango‚ Uniqlo and Gap. For H&M ‚it has the customers that are mostly similar to Zara which mostly are women that are into fashionable clothes‚ want to follow the trends but are more price-conscious
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the two terms “fashion icon” & “fashion leader” in the past decade while these two new words appear frequently in the fashion world today. However‚ it seems that these have their own significance and concept in two different cultural perspectives. The propose of this research is to answer the question what does the “fashion icon” & “fashion leader” mean respectively in U.K. and China and what causes the difference understanding of it‚ which may influence the development of the fashion world in the
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Fashion is important to us because it’s a means of self-expression but it enables us to say something important to the world about who we are‚ or who we’d like to be. The clothes we wear say thing about who we are whether it’s a lifestyle‚ a religion‚ a profession‚ or an attitude. Fashion has evolved in the past hundred years just as it has over time and as our culture and attitudes change‚ fashion comes along with it. Fashion changes all the time with each decade having its own characteristics
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