ZARA: IT For Fast Fashion 1. Is Zara’s business model scalable ? No‚ Zara’s business model is not scalable Reasons: • • • • Though Zara is able to do well in a dynamic market‚ most of the sales of Zara come from Spain (46%) and from women’s segment (73.3%). Hence it becomes very difficult for Zara to scale it up to other countries and other segments. Zara follows decentralized model where store managers have lot a of power – It is very difficult to find such efficient people once we they scale
Premium Inventory Management Operating system
orry‚ Zara. Gap’s Got Game. by Liz Gunnison Aug 12 2008 The Spanish company eclipses Gap as the world’s biggest specialty retailer‚ but on closer inspection... A Zara store in China. The chain’s owner‚ Inditex‚ surpassed Gap Inc. as the world’s biggest specialty retailer in the second quarter. But the lead may already have vanished. Image: epa/Corbis Based on first-quarter results‚ Zara International of Spain has closed the gap on Gap Inc.‚ becoming the world’s largest fashion retailer by
Premium Fashion Banana Republic Fast fashion
Socio-econimic status (SES) - Quality and quantity of life is directly linked to socio-economic status – education‚ geographical location‚ occupation‚ employment‚ family status‚ etc. Cultural and social capital is made up of norms and networks that enable people to work together in order to achieve common goals. They are linked to improve educational outcomes because it contributes to social support‚ self-esteem‚ common identification‚ perceptions of control. Different social attitudes improve quality
Premium Pierre Bourdieu Sociology Socioeconomic status
Cultural Integration 2.4 enterprise. Specialised knowledge of how a product works creates jobs in areas such as information technology (IT) support. multiculturalism the official Australian Government policy of encouraging immigration from diverse‚ ethnic backgrounds. It also refers to the promotion and encouragement of the retention of ethnic languages and cultures within Australian society. popular culture considered to be more mainstream than ‘high culture’. It is associated with ‘lighter’ forms
Premium Culture Globalization Fast food
Mr. Chairman is and i quote “the socio-economic problems of Ghana are responsible for indiscipline of the citizens”. Mr. Chairman before i take my stand in this august argument‚ i would like to explain certain keywords in the motion so that my audience will get a clear idea of what the motion is about. Mr. Chairman‚ the keywords in the motion are socio-economic problems‚ responsible‚ indiscipline and citizens. According to Wikipedia-the free Encyclopaedia‚ a socio-economic problem refers to the area
Free Unemployment Economics Ghana
TABLE OF CONTENTS ACKNOWLEDGEMENT DEDICATION ABSTRACT LIST OF TABLES TABLE OF CONTENTS Chapter I THE PROBLEM AND ITS BACKGROUND Introduction Background of the Study Theoretical Framework Conceptual Framework Statement of the Problem Scope and Limitations of the Study Significance of the Study Definitions of Terms Chapter II REVIEW OF RELATED LITERATURE AND STUDIES Foreign Literature Local Literature Foreign Study Local Study Chapter III RESEARCH METHODOLGY
Premium High school Socioeconomic status Poverty
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
Premium Inventory Supply chain management Management
Infor CRM (Customer Relationship Management) Create growth and loyalty through continuous customer dialogue. Leading customer-focused companies view every customer interaction as an opportunity to make a new offer‚ improve retention‚ increase revenue‚ build loyalty‚ or strengthen their brand. Infor CRM (Customer Relationship Management) helps companies optimize customer relationships by integrating marketing‚ sales‚ and service. By providing a full 360-degree view of customers‚ the system
Premium Customer relationship management Marketing Customer service
ZARA Income Statement Period Ending: 2012 31/12 2011 31/12 2010 31/12 2009 31/12 Total Revenue 82.98 78.19 89.69 76.7 Revenue 82.98 78.19 89.69 76.7 Other Revenue‚ Total - - - - Cost of Revenue‚ Total 60.29 56.72 59.02 52 Gross Profit 22.69 21.47 30.67 24.7 Total Operating Expenses 77.61 73.35 74.12 63.51 Selling/General/Admin. Expenses‚ Total 3.69 3.24 3.96 3.56 Research & Development - - - - Depreciation / Amortization 13.63 13.38 11.14 7
Premium Generally Accepted Accounting Principles Balance sheet Asset
textiles and apparel-related industry has played a major role in the country’s development; however‚ this sector’s competitiveness is decreasing due mainly to labor costs. As with the country’s economic development‚ the new sources of competitive factors need to be strategically developed and cultivated. The purpose of this study is to explore what constitutes a country’s competitiveness in the global apparel market after losing its labor competitiveness and how a country effectively achieves it
Free Globalization International trade South Korea