Wednesday, 8 September 2010

Fashion : ZARA

Facts about this irresistible ZARA - 
  • Founder of Zara, Amancio Ortega, opened the first Zara store in 1985 in a central street in San Jacinto, Madrid.
  • Zara needs just two weeks to develop a new product and get it to stores, compared with a six-month industry average, and launches around 10,000 new designs each year. 
  • Zara has resisted the industry-wide trend towards transferring fast fashion production to low-cost countries. Perhaps its most unusual strategy was its policy of zero advertising; the company preferred to invest a percentage of revenues in opening new stores instead.
  • Zara was described by Louis Vuitton fashion director Daniel Piette as "possibly the most innovative and devastating retailer in the world." Zara has also been described as a "Spanish success story" by CNN.


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