Saturday, January 4, 2020
Identify the Corporate Strategy of the Clothing Retailer Zara
Identify the corporate strategy of the clothing retailer ZARA and discuss how the five operations performance objectives support Zaraââ¬â¢s corporate strategy. In addition explain the external benefits of these five objectives. Zara is the clothing retailer the best known as a brand of Spanish holding group Inditex (Industrias de Diseno Textil). First Zara store was opened in 1975,in Spain by Inditex father and founder Amancio Ortegas Gaona. It was first step and strong foundation to his success. Zara became most successful brand in fashion industry and it keeps growing and expanding constantly. There are 1721 Zara stores in 87 countries all over the world. All offer great catwalk fashion clothes for reasonable prices. The triumphâ⬠¦show more contentâ⬠¦At the same time staff monitor customer choices, check which garments are the most popular and which are not liked at all, which are asked to be in different colour. Shop assistants asking customers what their expectations are or what design they like the best and which one should come back on the store retail. Thus most of the designs are based on the customerââ¬â¢s preferences not the fashion specialists. All this information is sent to The C ube ââ¬â main building of Inditex, where in contrast to other retailer, around 30.000 items is produced per year. This information forwarded from staff to managers, in next step is sent off to headquarters in Spain. The report from daily sales, gives opportunity to check immediately which line are less popular and they are quickly removed from rails. The data collected from customers in stores is being treated as first-hand information, it reports demand for a new garments with different suggestion or information of the most popular line, which is added in quick turnaround. Store managers and working staff are the channel with information between the customers, control centre and the creative teams in Spain. The teams there must make sure that all needs and expectation of customers will be met. Manager report collected informationShow MoreRelatedZara Operational Performance2583 Words à |à 11 Pagesï » ¿Essay Question: Identify the corporate strategy of the clothing retailer Zara and discuss how the five operations performance objectives support Zaraââ¬â¢s corporate strategy. In addition explain the external benefits of these five objectives. Words: 2597 ZARA INTRODUCTION Zara is Spanish clothing and accessories retailer part of the holding group Inditex which is one of the worldââ¬â¢s largest fashion groups. 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Range Selection and Planning When selecting merchandise it needs to beRead MoreZara vs. Uniqlo Essay6859 Words à |à 28 Pagesà Clothing Industry à à ZARA vs. UNIQLO Team à J: à Bingbing à Ge à Lei à Du à Sophia à Maduka à Salman à Syed à Azim à Thanadol à Boonyaviwat à Tanya à Goel à 1 à à à Index Content Page Number Executive Summaryâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦... 4 Introductionâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦ 5 Industry Analysisâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦5 Competitive Environmentâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.5 Strategic Groupsâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.Read MoreCase Study Of Zara As An Organization1878 Words à |à 8 Pagesproduc ts with added value for their customers in order to beat out their competitors and stay ahead of the competition. There are also other factors which influence the success of marketing of a company. The purpose of this study is going to review Zara as an organization and provide recommend on how it can take the market-orientation concept and apply it, also, benefits involved in adopting the principle, and challenges that may occur while implementing this concept. 1.1 Market orientation MarketRead MoreZara: a Marketing Analysis Case Study5929 Words à |à 24 PagesThis assignment identifies an organization portraying superior performance and then analyses the marketing concepts, marketing environment and marketing mix, and identifies critical success factors. THE ORGANISATION Dubbed by The Economist (Fashion Forward -The Economist, 2012) as Spainââ¬â¢s most successful brand, my organization is ZARA. Based in La Coruna, Spain, Zara is Inditexââ¬â¢s main brand, (Fashion Forward -The Economist, 2012). Founded in 1975 by Amancio Ortega Zara now has stores in
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