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Mar 13, 2024 · It reported a 10.4% jump in sales to 35.9 billion euros (£30.7 billion) in 2023, compared with 32.6 billion euros (£27.9 billion) the previous year. At fixed exchange rates, sales surged by...
- Anna Wise
Dec 15, 2020 · In results published on Tuesday, the Spanish group, best known for its Zara chain, reported sales of €6.05bn in the three months to the end of October, a 14 per cent fall on the same period a...
Jun 10, 2020 · Online sales grew strongly at +50% in the same period. In April, online sales grew 95%. Whilst over 3,500 stores still remain closed worldwide, Zara has relied on its online offer to satisfy...
- Kate Hardcastle
- Humble Beginnings: How Did Zara Start?
- How Zara’s Supply Chain Strategy Is at The CORE of Its Business Strategy
- Sustainability: Zara’s Strategy to Make Fast Fashion Sustainable
- Why Is Zara So Successful?
Most people date Zara’s birth to 1975, when Amancio Ortega and Rosalia Mera, his then-wife, opened the first shop. But, it’s impossible to study the company’s first steps, its initial competitive advantage, and strategic approach by starting at that point in time. When the first Zara shop opened, Amancio Ortega already had 22 years of industry expe...
According to many analysts, the Zara supply chain strategy is its most important innovative component. Amancio Ortega and other senior members of the group disagree. Nevertheless, the Inditex logistics strategyis extraordinarily efficient and plays a crucial role in sustaining its competitive advantage. Most companies in the clothing retail industr...
Building a sustainable business in the fast fashion industry is a tough nut to crack. To achieve it, Inditex has made sustainability a cornerstone of its business model. Its strategy revolves around the values of collaboration, transparency, and innovation. The group’s ambition is to make a positive impact with a vision of prosperity for the planet...
Zara is the biggest Spanish clothing retailer in the world based on sales value. Its success is due to its fast fashion strategy that is based on a strong supply chain and quick market feedback loops. Zara's customer-centric approach places a strong emphasis on understanding and responding to customer needs and preferences. This is reflected in the...
Sep 18, 2024 · By maintaining tight control over its supply chain, Zara can produce small batches of clothing and quickly restock items based on real-time sales data. Zara’s in-house design team plays a crucial role in this process.
Sep 15, 2021 · Net sales at the Swedish group were down 11% from the same quarter in 2019, before the pandemic, while the Spanish group recorded a 7% rise from its 2019 summer sales.
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Sep 15, 2021 · Sales amounted to 6.99 billion euros, an increase of 7 % compared to 2019, and net profit amounted to 850 million euros. For the first half of the year, sales were 49 % higher than in 2020, and profits amounted to 1.27 billion – coming from a loss a year earlier.
