COMPANY OVERVIEW Zara‚ a trendy Spanish clothing retailer founded in 1975 by Amancio Ortega in La Couruna. It is a flagship retail store of Inditex Group‚ a holding company that owns other fashion brands such as Massimo Dutti‚ Bershka‚ Pull and Bear‚ Stradivarius‚ Kiddy’s Class‚ and Oysho. The company still lives by the simple idea of Amacio Ortega to link customer demand to manufacturing and link manufacturing to distribution‚ which ultimately able to respond very quickly to the demands of targeted
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Zara: Apparel Q 1. Ans: Having a very responsible supply chain Zara is enable to keep store inventory to a minimum‚ and keep a fast turnaround of new products. This encourages customers to buy the product as soon as they see it in a store because the same product might not be there the next time and Zara does not always send stores the same product twice. Q 2. Ans : Zara does manufacture some clothing in Asia‚ but not to save cost. It is to save time in supplying the Asian market and to keep its
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Good or Bad for India Who will benefit in India if FDI is allowed in Multi Brand this is Kirana Business Few days back the Union Cabinet of India overcame years of indecision to allow up to 51% FDI in multi-brand retail. Government also increased the FDI limit in single-brand retail to 100% from 51% Government says it will benefit India. Traders fear the move. Opposition parties oppose the move as they know they will benefit if they support the traders. No one is touching the real issues
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Assessment Task 4 BSBRSK501A Manage risk Prompt questions 1. What are three ways that research can be conducted for risk-related issues‚ and for each way‚ briefly describe how it may be done. Qualitative analysis may be useful as an initial screening to identify if further analyse of risk is required‚ when the analysis is appropriate for decisions‚ when numerical data or resources are inadequate. Semi-quantitative analysis sets values to the risks in order to produce a more
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2009‚ Amity Business School‚ Amity University (Bearing AUUP Enrollment No. A0101907184)‚ has undertaken the Summer Internship Training at Bank of India during 2/5/2008 and 11/6/2008. She has worked under my guidance for the project title ‘Retail banking and retail credit’. She has also been guided by Mr. J.K.Das (Senior Manager- Bank of India-Jamshedpur Branch). This Project report is prepared in partial fulfillment of Masters of Business Administration (MBA) to be awarded by Amity University‚ Uttar
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Akshada Kunnul & Priyanshi Kothari Fashion Management Final assignment- Business plan and Management process Lecturer- Samiksha Gandhi Submission date: 30th November 2013 Executive Summary This report is a study of management process for a retailing company - BillieBlush – that was launched in February 2010. The 1‚750 sq. feet store is located in Juhu‚ Mumbai‚ India where it caters to kids wear between the ages of 2-10. With the concept of fast fashion and short lead times‚ the company
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FASHION MARKETING_ The connection between the designers and their public. How do the clothes reach the public and the target consumers after they are designed and fabricated? That is where the Fashion Marketing team comes in. Fashion Marketing combines the elements of advertising‚ design and business administration‚ as well as a solid understanding of the fashion world‚ in order to take a new clothing line and get it the attention it needs to be successful. Who would be more interested in a
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Fashion Photography Fashion has always been a mirrored image of the collective consciousness and unconsciousness of society. In politically conservative times‚ fashion reflects the staidness of the majority‚ however additionally the subversive parts of the minority. No less a controversial figure than King Louis XIV of France was rumoured to have said that fashion was a mirror. Music‚ films‚ and TV‚ all potent popular culture mirrors in their own right of the anxieties‚ hopes‚ and dreams of
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THEORY What determines if particular activity have to make with a firm and which throught the market? Ronald Case’s answer was relative cost. This relative cost is composed by transaction costs ( costs of negotiating or monitoring ) and administrative costs ( costs of production and resource allocation ). If the transaction costs are greater than the administrative costs‚ obviously the productive activity will be internalized into the firm. During the nineteenth companies grew in size and scope
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Continue Growth for Zara and Inditex Jacki DiSanto Cleveland State University Inditex ensure “fast fashion” is truly fast is logistics. Inditex makes two-thirds of its goods in Spain and nearby countries such as Portugal‚ Morocco and Turkey. The higher labor costs are offset by the flexibility of having production close to its warehouses and distribution centers‚ which are all in Spain. This saves on transportation with faster delivery times. The CEO Pablo Isla also installed a system that monitors
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