After approaching a Reiss and Zara Store in Oxford circus‚ speaking to staff and doing some more research on the internet i have come to notice both ZARA and REISS are a growing profitable companies. When looking at REISS THE BRAND: Reiss a retailer of “own brand” quality fashion menswear and womenswear that established itself in London in 1970. The brand has become reorganized as a progressive‚ fashion-led retail company. Designing and producing own –label ranges it offers an aspirational look
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What are the Key success factors of Zara? “The ability to respond to customer requirements on a timely basis has always been a fundamental element of the marketing concept.” Martin Christopher et.al. Hence‚ it is important being proactive in a market such as the fast-fashion industry which Zara is operating in‚ time is always a crucial factor. The fast-fashion market‚ amongst other things‚ is characterized by short lifecycles‚ high volatility‚ low predictability‚ and high-impulse purchases. Therefore
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Do you believe in the 10000 rule? Do you think that to turn into a pro in whatever you’re doing requires 10000 hours of practice? I believe that to achieve greatness in something‚ 10000 hours of practice is a must. Some people do not agree with this concept. They say‚ “I was born naturally talented.” People can be born with talent‚ but that does not mean they are masters by no means. You have to constantly work at your specialty to get to the next level. Hard work is what shapes a person. If you
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„You are what you eat” „You are what you eat” – what does it mean? Basically it means that in order to be be fit and healthy you need to eat good food. People eat whatever they like. Some eat healthy‚ some eat „junkfood”‚ some only look at the price tags. However‚ the belief that “you are what you eat” originated in the 1800s with epicurean Anthelme Brillat-Savarin and philosopher Ludwig Feuerbach. They maintained that food affects one’s health and state of mind. And we can not disagree
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3 Current & Future Macro- Environment of the Retail Industry 4-7 Zara’s current position within the competitive marketplace 8-10 Strategic options and recommendations for Zara 11-13 Bibliography
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Albert Sedaghatpour Individual Case Analysis-Zara 7/24/09 Introduction Zara is the flagship chain store of Inditex Group owned by Spanish tycoon Amancio Ortega. The group is located in Spain‚ where the first Zara store was opened. Zara has opposed the industry-wide trend towards turning fast fashion production to low-cost countries. Possibly its most atypical strategy is its policy of zero advertising; the firm opted to invest a portion of revenues in opening new stores instead. At the end of 2001
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Longtail what do you want to tell me‚’’ said Fireheart. Well one time I saw Tigerstar at Snakerocks and he had a dead rabbit with him and smelled dog sent so I thought I should tell Tigerstar but I saw him feeding the dogs‚’’said Longtail. Go on answered‚’’ Fireheart. They were the biggest dogs I have ever seen‚’’ said Longtail. I could sense Longtail was very scared about what happened‚’’ thought Fireheart. What happened to Tigerstar‚’’ asked Fireheart. He returned to his territory‚’’ answered Longtail
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Case study I.1 Zara: the Spanish retailer goes to the top of world fashion Zara (www.inditex.com) is a fashion retail chain of Inditex Group owned by the Spanish businessman‚ Amancio Ortega‚ who also owns brands such as Massimo Dutti‚ Pull & Bear‚ Oysho‚ Uterqüe‚ Stradivarius and Bershka. The Inditex group (of which Zara is a part) is headquartered in La Coruña‚ northwest Spain‚ where the first Zara store opened in 1975. It is claimed that Zara needs just two weeks to develop a new product
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The current generation of young people is less politically active. Do you agree? The current economic crisis in most of the western world‚ coupled with the alarmist views of global warming and its doomed consequences‚ has put forward‚ once more‚ the question as to whether or not the current generation is less politically active than previous generations. The current generation of young people is less politically active if is compared to previous generations; however this is beginning to change
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students often receive a great deal of advice‚ from many different people‚ concerning their career. There are many people that give the advice‚ “Do what you love‚” while‚ in contrast‚ other people will give the advice‚ “Do what makes money.” These two pieces of advice are very conflicting and it brings up the argument - should you do what you love or what makes the money? For both sides of the argument‚ there is support and reasoning that is very valid and persuasive. By looking at the argument subjectively
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