Spanish fashion giant Zara has opened its first standalone Zara Kids shop in the UK as it seeks to grab a larger slice of the £4bn childrenswear market.
Spanish fashion giant Zara has opened its first standalone Zara Kids shop in the UK as it seeks to grab a larger slice of the £4bn childrenswear market.
The challenge with business-model innovation lies in identifying where and how to make changes. Too often companies focus on improving revenues, costs and resource utilization, but completely ignore the risks associated with the business.
SA’s clothing retail industry is estimated to be worth more than R50bn/year in turnover. Much of the sector’s growth has been achieved over the past two decades.
The big fight is about whether this new policy will kill small shops, massively destroy livelihoods and take away GenNext’s opportunities. Facts suggest otherwise. Consider the kirana, the one most feared to be at risk. About 5-6 million of the 8 million FMCG-stocking kiranas are in rural India, and are totally safe, as the new ones can only come into the top 53 cities.
©2007-2022 Retail News Update | Powered by WordPress with Easel | Subscribe: RSS | Back to Top ↑