Today, we’re going to look at the history of Zara, its parent company Inditex, and the fashion industry in general, to see how it became possible to create such a high churn rate in the fashion industry. An average American will throw away 77 pounds of clothing every year. And that’s true across the majority of the western world. That is two suitcases of clothes, just dumped. Zara’s first store opened in 1975, in a city called A Coruna in northern Spain. Owners Amancio Ortega and Rosalia Mera had wanted to name it after a favorite Greek film called Zorba the Greek, but a bar on their street had already beat them to the punch, so they settled for Zara, since they had already had the letters made for the sign. Inditex was set up in 1985 as holding company for Zara and the manufacturing plants. They went on to set up and take-over many other high-street brands that follow Zara’s format; such as Pull and Bear, Bershka and Stradivarius. They now have over 6000 stores globally. Zara’s early business model was to create similar copies to high end lines but at an affordable price. As they expanded through Spain, Ortega pushed the idea of instant fashion, where Zara could react incredibly quickly to new trends so they could put new lines on the shelves in a fraction of the normal time. -----------------Support the channel: Support this channel: https://www.patreon.com/alexberman SUBSCRIBE for more videos like this: http://youtube.com/alxberman?sub_confirmation=1 Check out our Digital Agency Marketing Podcast: https://itunes.apple.com/hr/podcast/digital-agency-marketing-1/id1200614219?mt=2&ls=1 Need lead generation or marketing support for your agency? Check out http://experiment27.com . /// R E S O U R C E S Get the sales and service agreement we use to close business (free client contract template) [$1,000 value]: http://bit.ly/2mpyFLs Get the actual questions we use to qualify clients on the first call: https://experiment27.lpages.co/discovery-call-structure-and-questions/ Free Sales Courses: https://experiment27.teachable.com/ __ /// MORE FROM ALEX Subscribe for more videos: http://youtube.com/alxberman The Alex Berman Podcast: https://itunes.apple.com/hr/podcast/digital-agency-marketing-1/id1200614219 __ /// WORK WITH ALEX More enterprise clients for your agency: http://experiment27.com Turn your book into a documentary: https://loreliapictures.com/ Book a one on one with Alex: http://experiment27.com/consult __ /// BUSINESS INQUIRIES: For sponsorships you can reach me at: [email protected] __ /// R E S O U R C E S Get the sales and service agreement we use to close business (free client contract template) [$1,000 value]: http://bit.ly/2mpyFLs Get the actual questions we use to qualify clients on the first call: http://bit.ly/2vqZCyK Get the proposal template you can use to sell 5 and 6 figure deals: http://bit.ly/2NqiPJw Free Sales Courses: https://experiment27.teachable.com/ __ /// WORK WITH ALEX More enterprise clients for your agency: http://experiment27.com Turn your book into a documentary: https://loreliapictures.com/ Work one-on-one with Alex: http://experiment27.com/consulting __ /// SHIRTS & HOODIES http://wohello.com __ /// MORE FROM ALEX Subscribe for more content like this: https://www.youtube.com/user/alxberman?sub_confirmation=1 The Alex Berman Podcast: iTunes: https://itunes.apple.com/us/podcast/the-alex-berman-podcast/id1200614219?mt=2 Spotify: https://open.spotify.com/show/6fnAZkjzRhtPYvsZkcMmjK?si=7gwE0NuPSqSMFpGM9MskGg __ /// BUSINESS INQUIRIES: For sponsorships you can reach us at: [email protected]
Views: 44594 Alex Berman
Support us on Patreon to get early access to our future videos: https://www.patreon.com/business_casual Join us at our subreddit and on social media: Reddit: https://reddit.com/r/businesscasual Facebook: https://www.facebook.com/business.casual.yt Twitter: https://twitter.com/BusinessCasual0 Nineteenth video of the Behind the Business Series. Zara is a Spanish clothing and accessories retailer. Zara was founded in 1975 by Amancio Ortega. Zara is the main brand of the Inditex group, the world's largest apparel retailer. Inditex also owns brands such as Massimo Dutti, Pull and Bear, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe. As of 2016, the main owner of Inditex, Amancio Ortega, was the second wealthiest man in the world.
Views: 389625 Business Casual
ZARA is the world's largest retailer for fashion clothing. Its success is largely attributed to its operational excellence. This operational excellence is discussed in this video in detail. The video also talks about the strengths of ZARA.
Views: 5032 Geek Industry
http://hungrybeast.abc.net.au | Meet Zara: the Spanish company at the forefront of Fast Fashion, where speed and disposability are the new black. Launched in 1975, Zara now has almost 2000 stores in 77 countries. Its parent company, Inditex, turned over $17 billion last year, helping reclusive founder Amancio Ortega - a railway worker's son - become the 7th richest man in the world. Hungry Beast screens Wednesdays at 9.30pm on ABC1
Views: 74225 ABC TV & iview
Get your custom domain for 10% off at http://hover.com/ProactiveThinker You will stay poor if you think like this: https://goo.gl/1BCJgq why you will never get rich: https://goo.gl/zkFTpw For more great content! Instagram: https://goo.gl/vzBDdg Facebook: https://goo.gl/DZmAeM Twitter: https://goo.gl/6gvG4T #Business #Fashion When we think at some of the greatest companies in the world, we think of examples such as Google, Amazon and so on. But one of the richest men in the world has made his fortune through the most traditional business you can think about - selling clothes. In fact, in the summer of 2017, the shares of his company soared and for a couple of hours and he held the title of the richest man in the world. But Gates claimed back his position later on the same day. Without any formal education except for the first few years in school, he has built the largest clothing company in the entire world. It all started in Spain. Back then child labor was normal. So Amancio left school at the age of 13 to start working as a delivery boy in a local shirtmaker shop. Where he learned to make clothes by hand. He loved his job and started excelling at it, so much that by the time he was 24, he was appointed as a manager. Not bad for the 1960s, right? Ortega realized that only the wealthy residents could afford their clothes so he started working on his own designs that are more affordable. He started producing pretty similar designs but at a much lower cost targeting the rest of the residents. His strategy work out and he successfully sold all of his designs and used the earnings to open his first factory in 1963 Finally, in 1975, he decided to establish his own brand and named Zara. Zara’s strategy was absolutely simple, sell quality products for a reasonable price so that everyone could afford them. This strategy seems so obvious, why others didn't use it. When Ortega was working in that shirtmaker store. He realized that how the cost of the garments significantly increase when they move from designers to factories to stores. He learned the importance of delivering products directly to consumers without third-party distributors. So Zara started doing everything by itself. This reducing the cost But Ortego’s ambitions didn't stop there, it was time to go international. He established his first store outside Spanish borders in Portugal, in 1988. And a year later In New York. And since then the company has been unstoppable. Ortega realized he can't target all the segments of the market through Zara. So he acquired many different brands such as Pull&Bear, Bershka, Massimo Dutti and so on. And formed them all under a holding company - Inditex. But Zara is the biggest of them, it accounts for over 60% of total sales. Unlike other brands, Zara didn't waste money on advertisements. It knew that as long as there are quality clothes for affordable prices, people are going to buy them, so they kept opening new stores instead. By the year 2000, Zara had stores all around North America and Europe. So it was time to invade Asia and the rest of the world. Inditex has over 7000 stores now. What also sets them apart is that, since everything is done in-house. Zara can design a product and get them into stores in less 2 weeks compare to 6 month which is industry average. Ortega followed just in time production strategy. That means they made their supply chain so effective that they could supply their stores in less than 48 hours. Which means, they don't need to order more than they need and if something is selling too good. They know that they can have it back on the shelves in 48 hours. That provided Zara with absolutely unique advantage. This incredible success story started with a 13-year-old kid who simply had a dream and didn't have any formal education. It seems like nothing is impossible as long as you are patient, dedicated and hard working. But in today’s world with the rise of the internet, the first thing you have to do when you start a project is to register your domain. Imagine starting your business but then finding out that your domain is already taken. That's exactly why you need Hover because registering a domain through Hover is much easier than you think. You can do it right now with a few simple clicks and get 10% off using the link hover/proactive thinker. With over 400 domain extensions, you will definitely find what will fit your business or project. I personally use Hover because, they have an amazing support team in case if get confused with something, which doesn’t really happens because they have made everything easy and simple. So, definitely it worth checking them out and giving them a try. At the same time, you will be supporting this channel. Remember, the link is in the description.
Views: 8762 Proactive Thinker
View full post: http://www.onlinemba.com/blog/business-of-fast-fashion 'Fast Fashion' refers to clothing and accessories that are designed to reflect current industry trends, yet produced using less expensive materials to ensure a low price tag. The Fast Fashion trend has also led to environmental concerns. Like us on Facebook: http://www.facebook.com/OnlineMBAcom Follow us on Twitter: http://twitter.com/OnlineMBA_com
Views: 106958 Minute MBA by OnlineMBA.com
Posing for catalogue shootings Video Nick Goy vk.com/filmedbygoy Model @cuprumhead from @newlooknn Make up @mila.sazonova , from @white.studio.nn Hair Elena Bogdanova @bogdanova_elena_nn Style Ellen Kha @elena_xb Photo @RitaHorosho
Views: 3954 Cuprumhead channel
This is a clip from CB Insights Retail Briefing. Watch the full video here: https://www.cbinsights.com/research/briefing/retail-apocalypse-trends/
Views: 1023 CB Insights
Rahmawati Yayu Ningsih - 27113036
Views: 2750 mahasiswa unggul
Inditex is the largest fashion distributor on the planet and most successful company in the history of Spain. The company name might be unfamiliar to some of you, but you will recognize many of its fashion labels: Zara, Pull & Bear, Bershka, Massimo Dutti, Stradivarius, Oysho, Zara Home or Uterqüe. Amancio Ortega founded Inditex when he was almost 40, and today is one of the wealthiest people on Earth. Subscribe to Biographics! https://www.youtube.com/channel/UClnDI2sdehVm1zm_LmUHsjQ And don't forget to visit our friend’s podcast, Reconsider Media: http://www.reconsidermedia.com/
Views: 105191 VisualPolitik EN
Gadget NEWS !!! Zara AR app lets customers see virtual models Fashion retailer Zara has announced plans to roll out an augmented reality experience across 120 stores worldwide. The app can also be used by online shoppers, who will be able to hover their smartphone over a package delivered from the Zara website. The two-week test with augmented reality will take place next month and offers customers the opportunity to hold up their phone to store windows or a sensor, after which they can see models come to life on their screens. These models will virtually walk around, wearing the selected clothes from Zara.The augmented reality app features models Léa Julian and Fran Summers, who star in twelve short clips that last between seven and twelve seconds. These clips are recorded as holograms on a film set with 68 different cameras. ======================================================= Preference : - https://ecommercenews.eu/zara-ar-app-lets-customers-see-virtual-models/
Views: 7258 Gadget News & Review
This is a video that I've need to make for a long time. And I'm happy it's coming out now! Throughout my time on Youtube I've shit on fast fashion brands without giving a real explanation, so here it is. This video is not meant to attack anyone, it's rather just me showing you guys something that you might not have known about how your clothes are made. Hopefully, we can change the way fashion currently works and with just a little bit of work and being defiant, I think it's possible. Social Media: Instagram: https://www.instagram.com/hautelemode/ Twitter: https://twitter.com/HauteLeMode Tumblr: http://hautelemode.tumblr.com Music: https://soundcloud.com/user-817107625/isodoped A Few Sustainable Online Stores: https://lisasaysgah.com/ https://www.patagonia.com/home/ https://wearpact.com/ https://www.everlane.com/ https://www.thereformation.com/ https://www.ravenandlily.com/ http://www.susanalexandra.com/ https://rachelantonoff.com/ https://shopthebreak.com/ https://mirth.co/collections/new-arrivals https://karastore.com/ https://ciaolucia.com/ http://www.veja-store.com/ Fast Fashion is Disgusting Sources: The Fashion Law: http://www.thefashionlaw.com/learn/fast-fashions-green-initiatives-dont-believe-the-hype The True Cost Documentary nature.com: https://www.nature.com/articles/s41558-017-0058-9 Vijayawada Photo Factory: https://www.youtube.com/watch?v=uslx0Mxn-E8 Weaving: https://www.youtube.com/watch?v=VbNl_nYI5qc Nitrogen Fertilizers: http://www.cropnutrition.com/the-facts-nitrogen-fertilizer Mills Abuse: https://www.theguardian.com/global-development/2018/jan/04/workers-held-captive-indian-mills-supplying-hugo-boss Health Problems From Mills: https://www.lawyernc.com/legal-services/workers-compensation-lawyer/common-workplace-injuries/textile-mill-employees/ Hugo Boss Slavery in Mills: https://www.theguardian.com/global-development/2018/jan/04/workers-held-captive-indian-mills-supplying-hugo-boss History of Child Labor in United States (Mills): https://www.bls.gov/opub/mlr/2017/article/history-of-child-labor-in-the-united-states-part-1.htm Dyes and Their Health: https://www.trustedclothes.com/blog/2016/06/21/dyes-and-their-effects-on-your-health/ Dyes and Pollution: https://www.trustedclothes.com/blog/2016/06/23/impact-of-dyes/ Fast Fashion Design Thievery: https://www.vox.com/2018/4/27/17281022/fashion-brands-knockoffs-copyright-stolen-designs-old-navy-zara-h-and-m
Views: 282284 HauteLeMode
Millions of tonnes of clothes end up in landfill every year—it’s one of the fastest-growing categories of waste in the world. How can the fashion industry continue to grow while addressing the environmental need for people to buy fewer clothes? Click here to subscribe to The Economist on YouTube: https://econ.st/2xvTKdy For more from Economist Films visit: http://films.economist.com/ Check out The Economist’s full video catalogue: http://econ.st/20IehQk Like The Economist on Facebook: https://www.facebook.com/TheEconomist/ Follow The Economist on Twitter: https://twitter.com/theeconomist Follow us on Instagram: https://www.instagram.com/theeconomist/ Follow us on Medium: https://medium.com/@the_economist
Views: 218517 The Economist
ZARA KIDS - ADV Campaign Fall Winter 2017 2018 - Fashion Channel YOUTUBE CHANNEL: http://www.youtube.com/fashionchannel WEB TV: http://www.fashionchannel.it/en/web-tv FACEBOOK: https://www.facebook.com/fashionchannelmilano TWITTER: https://twitter.com/FashionChannelP PINTEREST: http://pinterest.com/fashionchannel INSTAGRAM: http://instagram.com/fashionchanneltv The best videos, the most exclusive moments of the international runway since 1982 until now, of the most representative fashion weeks of the world. Backstage secrets, make-up and hair style insights, curiosities from the fashion world, celebrities, photo shoot, designer and model clips, red carpets and gossip, parties, obviously besides the shows of all the top designers, generally available in high definition formats HD on the Youtube network FASHION CHANNEL. Fashion Channel shows new interesting videos continuous flow. WEBSITE: http://www.fashionchannel.it
Views: 7163 Fashion Channel
Want to start a fashion brand or clothing line? Let clothing brand mentor Jon Phenom help. SUBSCRIBE! https://www.youtube.com/subscription_center?add_user=DesignerJonPhenom I offer consultation/ brand coaching for start-ups. +Design +Brand Strategy +Production +Streamlining +EMAIL THE KID: hi (at) jonphenom (dot) com +FB https://facebook.com/CBMJonPhenom/ +INSTAGRAM: http://instagram.com/jonphenom/ +SNAPCHAT @mr.jonphenom +TWiTTERS http://twitter.com/jonphenom
Views: 928 Jon Phenom
Extra lecture on the final assignment - for BKEY601, Strategic Perspectives Module by Dr. Ioannis P. Christodoulou
Views: 16256 University of Westminster
An educational video on the sales and distribution network of Zara Fast Fashion. The videos used have been fetched through the Zara website & the credit for the graphics goes to Hungry Beast who owns the original video. The soundtrack used is Justin Timberlake - Sexy Back. NO COPYRIGHT INFRINGEMENT IS INTENDED.
Views: 56686 Sahil Saini
Fashionova, Boohoo, Shein, Romwe, Zaful and many more cheap, low quality, fast fashion brands are promoted by fashion youtubers in new videos every day, but who are the people making their clothes and what is the impact these brands are having on the environment? Today I ask them to find out. other places you can find me: ☞ SHOP MY CLOSET - https://www.depop.com/kristenleo ☞ VLOG CHANNEL - https://www.youtube.com/KristenEtc ☞ BLOG - http://kristenleotsakou.blogspot.com/ ☞ INSTAGRAM - http://instagram.com/KristenLeo/ __ credit: Search @tollydollyposh on Instagram/Snapchat GIFs to find the ethical fashion GIFs featured in this video - www.instagram.com/tollydollyposh __ sources and links: My guide to ethical fashion playlist https://www.youtube.com/playlist?list=PL24zxFHJX5pn2eePsCTu6-K9HrKVNopx7 Fashion Revolution email https://www.fashionrevolution.org/about/get-involved/ Fashion Revolution transparency index https://issuu.com/fashionrevolution/docs/fr_fashiontransparencyindex2018 The True Cost documentary https://truecostmovie.com/ Other documentaries: The World According to H&M https://www.youtube.com/watch?v=1icriGcEK24 Fashion Factories Undercover (Documentary) - Real Stories https://www.youtube.com/watch?v=HHw4HEzzsyc How fast fashion adds to the world's clothing waste problem (Marketplace) https://www.youtube.com/watch?v=elU32XNj8PM __ *This is not a sponsored video
Views: 154787 Kristen Leo
https://fashionbuyingmerchandising.com/2017/01/04/zara-way-how-inditex-beats-the-competition-business-model/ Fashion forecasting is time consuming and expensive. And there are chances that you get it wrong. Designers often think many seasons ahead but Spanish retailer Zara has a different idea. They listen to what consumers want right now and deliver it quickly, instead of gambling on what the next big trend might be. It's the Zara way! This model relies on quality sales data and observational research. Zara's store managers are pivotal in this process. Store managers interact with clients every day and know what the consumer wants, and products are created with maximum speed. Step 1: The commercial team works with designers to develop products. Step 2: New styles are prototyped in just 5 days. Step 3: 60% of the manufacturing happens locally to speed up the process. Once shipped to the logistics center in Zaragoza (Spain), the products are trucked to a nearby airport and flown all over the world in less than 24h. And off they go! The whole cycle, from concept to store, takes only a month. Fashion is trend-based and brands that are able to respond quickly can achieve competitive advantage. Follow me on Facebook for more awesome videos!
Views: 7366 Fashion Business Education
Business model for Zara-- Created using PowToon -- Free sign up at http://www.powtoon.com/ . Make your own animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 103001 ovidel46
https://fashionbuyingmerchandising.com/2017/03/28/zara-case-study/ A customer-funded organization Inditex has funded its fast growth largely on its client's cash. How is that possible? In accounting, this is referred to as “negative working capital”. Inditex delays payment to its vendors in a way that, by the time they pay the bill, the goods have already been sold in the stores. This means that Inditex has very little money “stuck” as goods and has a healthy cash flow to finance its expansion. The scarcity model Fast-fashion is based on newness—but every style is retailed in limited supply. The average product sells out in under two months. Zara´s sales on full price account for 85%, while the industry average is between 60% to 70%. The store’s elevated layout and visual merchandising inspire a sense of exclusivity. Zara has educated its clients to know that, if they don’t buy what they like today, it will be gone tomorrow. This motivates Zara’s clients to come back more often. In a study, shoppers visited the average store once every 3 months, but Zara’s customers came back 17 times a year. High traffic in the stores makes advertising unnecessary. Why aren’t others copying the model? First, Innovation in the business model is not directly visible to competitors. Copying a business model is much harder than imitating product design. Business model innovations are in the brand’s DNA. It can be hard for any business to change who they are.
Views: 1415 Fashion Business Education
Fast fashion is a quite recent phenomenon and it has completely changed the fashion industry. Here is my view on what fast fashion is, what the business model behind it is & what you and me can do, as individual consumers, to resist its negative effects and make informed decisions for ourselves. I had a lot to say about it so the video turned out quite long… forgive me! Oh, and if you wondered if a kid was screaming in the background, yes, the neighbors’ kids were extremely active during the entire filming time… Further readings: Project 3-33 MyGreenCloset reporting about her experience doing it for a full year: https://www.youtube.com/watch?v=W-TH4dDw5kU #whomademyclothes (e.g. on Instagram) and the Fashion Revolution every year in April The building that collapsed and killed over 1000 people in 2013: Rana Plaza, in Bangladesh Book: Overdressed, the shockingly high cost of cheap fashion, by Elizabeth Cline Give this video your two thumbs up… and subscribe to this channel because: - it is free! - you don’t miss any future video! Write me an email, send me your work to get feedback: [email protected] Subscribe here: http://bit.ly/27njUYp See you soon: new video at least every SUNDAY. Take care, Justine ************************** VIDEOS MENTIONED IN THIS VIDEO All about shoes: https://youtu.be/R3N4WSn69JI Fashion inspiration on Instagram: https://youtu.be/5uGwSpObyFg ************************** SOCIAL My website (current collection): www.justineleconte.com/shop The blog: www.justineleconte.com/blog Facebook: Justine Leconte http://on.fb.me/1Llrclr Instagram: www.instagram/JustineLeconte Twitter: JustineLeconteO http://bit.ly/1JJWzC2 Pinterest: jleconteberlin Business requests: [email protected] Ask a question / ask for a video / say hi: [email protected] ************************** Music: YouTube Audio Library Ambiment - The Ambient by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100630 Artist: http://incompetech.com/
Views: 601450 Justine Leconte officiel
Why I don't shop at Zara (& from all other INDITEX brands: Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe) Follow me on Insta @kristenleo A S K: http://kristenleotsakou.tumblr.com/ S O C I A L: DEPOP - https://www.depop.com/kristenleo VLOG CHANNEL - https://www.youtube.com/KristenEtc BLOG - http://kristenleotsakou.blogspot.com/ INSTAGRAM - http://instagram.com/KristenLeo/ SNAPCHAT kristen.leo TWITTER - https://twitter.com/KristenLeo TUMBLR - http://kristenleotsakou.tumblr.com/ ETHICAL FASHION TIPS (playlist) http://bit.ly/2hVNtOh ETHICAL BRANDS http://kristenleotsakou.blogspot.gr/p/ethical-brands.html SOURCES http://www.dailymail.co.uk/news/article-3865520/M-S-Zara-Syria-refugee-sweatshop-storm-Suppliers-accused-exploiting-children-make-cheap-clothes-chains.html http://www.usatoday.com/story/news/world/2015/06/04/zara-owner-second-richest-man/28466985/ http://thankgodits.com/2015/02/20/inditex/ https://cleanclothes.org/issues/migrants-in-depth/stories/slave-like-conditions-at-zara-supplier VIDEOS https://youtu.be/OaGp5_Sfbss https://youtu.be/9Fkhzdc4ybw __ MUSIC: https://soundcloud.com/hiatus/strays https://soundcloud.com/mrsuicidesheep/ak-icicle __ WATCH THIS! 101 Reasons to Go Vegan https://youtu.be/W4HJcq8qHAY Gary Yourofsky's Best Speech You Will Ever Hear https://youtu.be/es6U00LMmC4 Sweatshop Documentary: http://bit.ly/1G2tvqh The True cost Documentary: http://truecostmovie.com/ LEARN MORE ABOUT UNETHICAL MATERIALS FUR https://youtu.be/DE56fAD3HyE ANGORA https://youtu.be/PtAFHyXS31M LEATHER https://youtu.be/6WB7ekqInfc WOOL https://youtu.be/M5Ge5raSOfU FAQ'S: Are you Greek? - I'm half Greek half Portuguese. Where do you live? - In Greece Why do you have an American accent? - My parents grew up in the US so I was raised bilingual speaking Greek and English What camera do you use? - For my main videos I use the canon 5d mark ii with a 24-70mm f/2.8 sigma lens or the 40mm pancake lens. For vlogs usually my gopro hero 4 silver or the canon s120 (very bad audio, wouldn't recommend this to anyone) Where can I find a list of ethical brands? - Right here! http://kristenleotsakou.blogspot.gr/p/ethical-brands.html *This is not a sponsored video
Views: 676634 Kristen Leo
Trendy clothes are cheaper than ever. That sounds great for the people who buy them, but it's horrible for the people who make them. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
Views: 13061069 LastWeekTonight
"Fast Fashion": The Faster, the Better Interview with prof. Martínez de Albéniz December 2, 2009 Ordering two clothing collections a year is so last season. The latest trend in the sector is the "fast fashion" model, used by companies such as Zara or H&M. IESE Professor Víctor Martínez de Albéniz highlights how companies can use assortment rotation to increase consumer spending and gain competitive advantage. www.iese.edu
Views: 6161 Javier Martinez
Fast fashion brand Zara is all set to begin its online sales in India, one of the world’s fastest growing ecommerce markets, beginning from October 4. This is in line with the ongoing international expansion of its integrated store model. Spanish based retailer will be selling its products throughout the country via website and mobile application. Zara has more than 2,200 stores in 93 countries and is the flagship brand of the Spanish multinational Inditex Group. The range found in all the 21 stores of Zara across eight Indian cities will be available online for selling, said Echevarria Hernandez, chief communication officer of Inditex, said in a statement. In a span of 2-4 working days, the deliveries will be made to metro cities including Mumbai, Delhi, Ahmedabad, Kolkata, Chennai, Hyderabad and Bangalore, while for the remaining areas, it will take around 5-8 working days. For effective delivery system, Zara has joined hands with Gati Ltd, Delhivery Pvt. Ltd and Blue Dart Express Ltd. The standard delivery charges for orders worth less than Rs 4,000 will be Rs 299, with exchange and return for free, the company said in a statement. For better working of the online service, Zara will work with a warehouse in Delhi with around 50 employees. Zara emerged as one of the fast growing lifestyle apparel brands in India and reported sales of Rs 842 crore in fiscal 2016, up 17 per cent over fiscal 2015. (RR) ---------------------------------------------------------------------------------------------- MADRID (Reuters) - Inditex (ITX.MC), the world’s biggest clothing retailer and owner of Zara, used its “fast fashion” model to adapt to warmer than usual autumn weather, speeding up its sales growth in recent weeks and staying ahead of slower-moving rivals. Unlike the Spanish firm, Abercrombie & Fitch (ANF.N) and Gap (GPS.N) posted dismal fourth-quarter sales last month. Inditex reacts to changing fashion trends and weather by keeping its manufacturing bases close to its distribution centre in Galicia, northern Spain. Items are designed, made and shipped to stores often in less than a month, boosting profitability. Net profit for the nine months to the end of October was up 9 percent from the year before at 2.2 billion euros (1.81 billion pound), in line with analysts’ forecasts, as garments such as velvet dresses, military blazers and mini skirts helped push Inditex sales up by 14.5 percent in local currency terms. With more than 7,200 stores in 93 markets, Inditex has shifted from multiple new store openings to setting up large flagship stores in key locations and tying in its online business instead. Apart from Zara, which makes up two thirds of sales, its brands include younger fashion chain Pull&Bear and upmarket label Massimo Dutti. Other retailers have been trying to speed up their supply chain to match Inditex but are held back by their sourcing from Asia, stretching lead times. They have also started investing in new higher-margin brands. But Inditex has matched them and has scope to expand further. Analysts at Macquarie say it has only a 2 percent share of a “highly fragmented” global market and they expect it to grow quickly in emerging markets and the United States.
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Hey all! This is in no way to beat up anyone who shops at these places - I just want to raise some awareness! If you're able to make a change for the better, then why not? Here are some links for further reading: https://www.forbes.com/sites/kerryadolan/2012/04/13/garbage-a-costly-american-addiction/#101192675b1c https://goodonyou.eco/material-guide-polyester-2/ Links for Ethical Fashion Brands: http://www.thegoodtrade.com/features/fair-trade-clothing http://www.thegoodtrade.com/features/affordable-ethical-fashion-brands https://fashionista.com/2018/06/ethical-streetwear-clothing-brands http://www.thegoodtrade.com/features/15-ethical-shoe-brands-for-every-occasion The True Cost movie: https://truecostmovie.com 💲Forever21's founders: worth $3.2 Billion 💲H&M's founder: worth $15.7 Billion 💲Zara's founder: worth $70 Billion Justine's channel: https://www.youtube.com/channel/UChxkFSjTE7nLCHsDk8_pRhg Kristen's channel: https://www.youtube.com/channel/UCtkJN6t1eLLx7NqqJhpXK7A Audrey Coyne's take on Fast Fashion: https://www.youtube.com/watch?v=RCwIcqh_PM8
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Hidden away in the depths of fast-fashion juggernaut Zara's sprawling headquarters in northern Spain, 300 designers are hard at work trying to discover the next big fashion trend. According to Business Insider, those designers keep the company white-hot cool by harnessing a secret weapon: Instagram. One designer said, if an influencer chooses to dress in a certain way, that trend will likely take off. Instagram has also given these designers access to a massive pool of inspiration. Another designer said, "You can find everything on your phone now - you can see everything that is being worn in New York, Shanghai, Tokyo at one time." But designers say this convenience is both a blessing a curse, as they are now tasked with sorting through all of this information and deciding which trends will really stick. https://www.businessinsider.com/zara-design-process-beats-trends-2018-11 http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com
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Inditex, the owner of Spain's fast-fashion pioneer Zara, reported a rise in 2011 net profit as the retailer doubled its store count in China and continued its swift expansion across Europe and elsewhere - proving it is possible to buck the recession. They've recently launched a global flagship store in New York on 5th Ave. Dow Jones's Christopher Bjork reports from Madrid, and compares Zara to retail giants H&M and the Gap. Photo: Getty. Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM
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Professor Felipe Caro describes dynamic assortment and inventory allocation models for fast fashion. Visit UCLA Anderson School of Management http://www.anderson.ucla.edu/ Click here for more faculty videos from UCLA Anderson School of Management http://www.anderson.ucla.edu/x17273.xml
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A seven-year-old has written to Zara Kids to offer herself as a model for their boys' clothing, as she doesn't understand why girls shouldn't be encouraged to wear the range.In a handwritten letter, Eliza Brichto from London told the brand that although it might 'seem a bit weird', she 'loves' its boys' department, adding: 'It's the only place I go clothes shopping'.She also posed for photos in her favourite boys' clothes from Zara to show how well she could pull off modelling the range, but is yet to receive a response from the Spanish brand.Eliza's mother Jess told FEMAIL: 'She decided that she wanted to be a Zara Boys model to show that girls too could wear the clothes, and to encourage others to do so, as she was worried that they were missing out.'She commented once that it wasn't fair that all the models were boys and that no girls were allowed to be in their photos. She just didn't get why as the clothes were so cool.'According to Jess, who runs wedding choreography school Start The Dance, Eliza has never liked wearing dresses and was delighted when she found her dream wardrobe at Zara.'Eliza has always been very much her own person, and very sure of what she liked and didn't. She has never been interested in following the crowd.'After being forced, by me, into a bridesmaid dress age three, with everyone staring her and telling how beautiful she was, she decided she never wanted to wear a dress again.'She's always been interested in fashion, but just never felt girls' clothes were for her.'When she saw Zara Boys on a shopping trip for my son it was love at first sight. The biggest treat of any holiday is a visit there - and if we'd let her, she'd buy the whole shop.'Now, Jess is hoping that Eliza will receive a response from Zara to show that it's worth standing up for what you believe in.'I'm so proud of Eliza in that she has never been afraid to be herself - whatever anyone else thinks,' she explained.'And I believe it would be such a brilliant recognition of this if Zara could acknowledge that their boys girls can look just as great on girls.'In 2016, Zara launched an ungendered line of 16 wardrobe staples for adults in neutral shades of grey, blue and khaki green in small, medium and large.And in late 2017, it appeared the company was moving towards a more gender neutral stance by featuring both male and female models sporting the same items of clothing on its website for the first time.In September last year, John Lewis became the first major retailer in the UK to ditch ‘boys’ and ‘girls’ labels from its children’s clothing range.The chain also removed ‘boys’ and ‘girls’ signs from its childrenswear departments to avoid ‘reinforcing gender stereotypes’.Instead, new genderless now labels say either ‘Boys & Girls’ or ‘Girls & Boys’, and are on all own-brand clothing from newborn to 14 years. Even floral dresses and skirts have unisex labels. AutoNews- Source: http://www.dailymail.co.uk/femail/article-5386669/Girl-offers-model-Zara-Boys.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490
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Zara, which is a Spanish fashion brand, has shown a way to beat the competition. Clothing retailer Zara will expand online sales to an additional 106, total 202, countries through a dedicated online platform. Its parent firm is Inditex. Zara’s global women’s, men’s and kids collections will be available in a total of 202 markets. It aims to have Massimo Dutti and teen brand Bershka, available online. Zara customers in countries including Angola, Ivory Coast and Indonesia will be able to place orders in euros including shipping costs and custom charges ecom chitchat is the second YouTube channel of Ecom Seller Tips (Education for Online Selling in India on Amazon.in, Flipkart.com, Snapdeal.com, ebay.in, shopclues.com, paytm.com, rediff.com, myntra.com, jabong.com)
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Nikos Tsikriktsis, CEIBS Professor of Operations Management, Associate Dean and Director of the Global EMBA Programme shares secrets behind the fast-fashion retail brand’s success.
https://fashionbuyingmerchandising.com/2017/03/22/zara-case/ Why does Zara produce in expensive locations and use expensive shipping modes? Amancio Ortega quickly figured out that responsiveness and speed, as opposed to cost, were key to success in fashion retail. CHAPTER 1: BUSINESS MODEL CHAPTER 2: CREATIVE DIMENSION CHAPTER 3: RHYTHM DON’T MISS THE FIRST CHAPTER. SUBSCRIBE!
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Thank you guys for watching, PLEASE, please subscribe and leave a comment below :) Zara, originally launched in Spain by Inditex, follows a fast fashion model where local store and fasion managers keep an eye out for consumer and fashion trends and report them back to designers. Zara can get a new produt from sketch to store in four to six weeks, carrying upwards pf 11,000 items per year, compared to competitors that cary 2,000-4,000. This Zara Haul showcases the different pieces I bought over the last year, in order to show you the Spanish style. Let me know if you'd like me to do a try-on haul, or check out different Zara's in other countries and compare the styles. Love you guys!
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ZARA NEW ROMANTIC Spring Summer 2017 www.WYBIEG.com Spanish fashion brand Zara revealed their Spring Summer 2017 video from www.zara.com
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