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Inditex warned that costs may rise from rerouting ships due to Houthi rebels' attacks as it makes a killing in its retail business.
A H&M store in Downtown Montreal. Fast fashion brands produce pieces to get the newest style on the market as soon as possible. [16] They emphasize optimizing certain aspects of the supply chain for the trends to be designed and manufactured quickly and inexpensively and allow the mainstream consumer to buy current clothing styles at a lower price.
Science & Tech. Shopping
Zara was established by Amancio Ortega Gaona in 1975. Their first shop was in central A Coruña, in Galicia, Spain, where the company is still based.They initially called it 'Zorba' after the classic 1964 film Zorba the Greek, but after learning there was a bar with the same name two blocks away, rearranged the letters to read 'Zara'.
But Zara is growing twice as fast as H&M due to their focus on value rather than price. [22] Fast fashion, the term, was coined by the New York Times in the 90's due to Zara's ability to produce a garment from start to finish in less than 20 days. [23] Inditex is a large brand with a new worth of $17.2 billion. [24]
Don’t miss out on the sneaky discounts Zara just launched ahead of Cyber Monday. Find all of the best deals happening this weekend inside.
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As of October 2020, YouTube is the second-most popular website in the world, behind Google, according to Alexa Internet. [1] As of May 2019, more than 500 hours of video content are uploaded to YouTube every minute. [2] Based on reported quarterly advertising revenue, YouTube is estimated to have US$15 billion in annual revenues.