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Jun 10, 2020 · Net sales reached €3.3 billion v. €5.9 billion in the same period on 2019. Online sales grew strongly at +50% in the same period. In April, online sales grew 95%. Whilst over 3,500 stores...
- Kate Hardcastle
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
- 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 21, 2021 · Zara is recouping its losses as apparel sales rebound. After taking a hit during 2020 due to the coronavirus, the fast-fashion retailer’s revenue has returned to pre-pandemic levels, parent company Inditex reported during its earnings this week.
As of 2019, online sales grew to constitute 14% of Zara’s total global sales. As a fast fashion retailer, Zara is definitely aware of the power of e-commerce and has built up a successful online presence and high-quality customer experience.
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.
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May 1, 2024 · How Zara recovered to surpass pre-pandemic sales (2024) After taking a hit during 2020 due to the coronavirus, the fast-fashion retailer’s revenue has returned to pre-pandemic levels, parent company Inditex reported during its earnings this week.
