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		<title>THE ZARA CASE AND HOW TO READ THE FINANCIALS</title>
		<link>https://www.susannanicoletti.com/fashion/the-zara-case-and-how-to-read-the-financials/</link>
		
		<dc:creator><![CDATA[daniela]]></dc:creator>
		<pubDate>Fri, 26 Jun 2020 09:13:45 +0000</pubDate>
				<category><![CDATA[don't miss]]></category>
		<category><![CDATA[fashion]]></category>
		<category><![CDATA[unbuttoned]]></category>
		<category><![CDATA[fashion business]]></category>
		<category><![CDATA[zara]]></category>
		<guid isPermaLink="false">https://www.susannanicoletti.com/?p=1330</guid>

					<description><![CDATA[<p>The post <a href="https://www.susannanicoletti.com/fashion/the-zara-case-and-how-to-read-the-financials/">THE ZARA CASE AND HOW TO READ THE FINANCIALS</a> appeared first on <a href="https://www.susannanicoletti.com">SUSANNA NICOLETTI</a>.</p>
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										<content:encoded><![CDATA[<div class="grve-section grve-primary-1" data-section-title="" data-section-type="fullwidth-background" data-image-type="none" data-full-height="no"><div class="grve-row grve-bookmark"><div class="wpb_column grve-column grve-bookmark grve-column-1"><div class="grve-element grve-text"><p><strong>Are you convinced that <a href="https://www.linkedin.com/company/inditex/" target="_blank" rel="noopener noreferrer">Inditex</a> Zara brand is going soon into trouble because it&#8217;s shutting down 1.200 stores?</strong></p>
<p><strong>Or do you read between the lines and you analyse what&#8217;s going on inside this smart fast fashion company?</strong></p>
<p>Certainly these are very challenging times for the fashion system and anything could happen.</p>
<p>What Zara can teach us is very interesting anyway:</p>
<ol>
<li>A strong branding does not mean huge investments in advertising nor in press. It means creating a strong relationship with your community through different touch points: the store, the (social) media, the positioning on the market</li>
<li>A strong brand is not rigid: it can re-size its retail network, it has hugely invested in logistics, it has a growth mindset</li>
<li>Pivoting ability is the key success factor. This means leaving behind attachment, nostalgia, accomplishments and being ready to: understand the evolving world, adjusting the strategy and the execution, setting up new business objectives.</li>
<li>A marketing strategy is broader and deeper than press office activities.</li>
<li>As per the slide attached from Statista, the group has grown steady but smartly. It has a high level of cash flow and it&#8217;s getting ready for the next chapter.</li>
</ol>
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<p>The post <a href="https://www.susannanicoletti.com/fashion/the-zara-case-and-how-to-read-the-financials/">THE ZARA CASE AND HOW TO READ THE FINANCIALS</a> appeared first on <a href="https://www.susannanicoletti.com">SUSANNA NICOLETTI</a>.</p>
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