Zara Inc Success Research Paper Example | Topics and Well Written Essays - 2250 words

Zara Inc Success - look Paper ExampleAs the paper highlights the Fashion Retail world has evolved ahead of others with companies fighting for dish out in the food market and the consumers demanding the next exotic collection every few months. The internationalization has enhanced the technical aspect of these Fashion Titans who struggle to roll out new designs and trends every season with the hope of acquire noticed in a crowd of thousands. The new global economic environment has provided Zara with an opportunity to modify its current brand perception and become the premium brand for European consumers. This can be achieved by creating a high end line for Zara. This would not only increase the potential target market for Zara but also allow Zara to charge premium prices.This study declares that in 1963-74 Amancio Ortega Gaona, chairman and founder of Inditex2, begins his clientele activities in the textile manufacturing sector. The business grows steadily throughout the decade to include several manufacturing centers distributing products to various European countries. The first ZARA shop undefendable its doors in 1975 in A Corua (Spain), the city that saw the Groups primordial beginnings and which is now home to its central offices. Its stores can now be found in the most all-important(a) shopping districts of more than 400 cities in Europe, the Americas, Asia and Africa which is indeed a remarkable achievement. Interesting as it may seem, its first store featured low-priced lookalike products of popular, higher-end clothing fashions. This was of course an instant success as it enabled the plenty to have copies of the more luxurious clothes at a reasonable price and so Mr. Ortega opened more stores all over Spain. ZARA was a fashion imitator.ZARAs strategy of low volume per way and changing products quickly in its stores helps it to down on the discounts as well. Of its 12,000 distinct items annually, only about 18% of its clothing does not work w ith customers and has to be discounted.