{"id":7852,"date":"2013-01-24T12:00:48","date_gmt":"2013-01-24T17:00:48","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=7852"},"modified":"2013-01-24T13:05:36","modified_gmt":"2013-01-24T18:05:36","slug":"the-economics-of-zara","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2013\/the-economics-of-zara\/","title":{"rendered":"The Economics Of Zara"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-7853\" alt=\"zara2[1]\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/01\/zara21.png\" width=\"639\" height=\"409\" srcset=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/01\/zara21.png 1342w, http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/01\/zara21-300x192.png 300w, http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/01\/zara21-1024x656.png 1024w, http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/01\/zara21-80x50.png 80w\" sizes=\"auto, (max-width: 639px) 100vw, 639px\" \/><\/p>\n<p>Centives is proud to present its 1000th post: The Economics of Zara. Highlights from an article by Vivienne Walt include:<\/p>\n<ul>\n<li>On average a new Zara store opens everyday.<\/li>\n<li>Zara&#8217;s founder built the chain upon two rules: give customers what they want, and give it to them quickly.<\/li>\n<li>To this end Zara stores refresh their stock twice a week. The logistics building that delivers customized orders to stores around the world has a 24 hour turnaround deadline for Europe and the US.<\/li>\n<li>Each designer creates three items a day. The designers don&#8217;t go to fashion shows which happen too infrequently. Rather they track bloggers and important fashion districts to see what&#8217;s popular.<\/li>\n<li>The success of Zara has made the founder &#8211; who was born into poverty &#8211; the third richest man in the world.<\/li>\n<li>He has never had an office. Instead he sits on the open floor with everybody else where he can be engaged in the production process.<\/li>\n<li>He is also incredibly private. Until 1999 no photograph of him had been published.<\/li>\n<\/ul>\n<p>Read more about the turning point that led to the creation of Zara, why it&#8217;s called Zara, and more over <a href=\"http:\/\/management.fortune.cnn.com\/2013\/01\/08\/zara-amancio-ortega\/\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/management.fortune.cnn.com\/2013\/01\/08\/zara-amancio-ortega\/\">CNN Money<\/a><\/p>\n<p>Via: <a href=\"http:\/\/marginalrevolution.com\/marginalrevolution\/2013\/01\/assorted-links-682.html\">Marginal Revolution<\/a><\/p>\n<p>Thanks everybody for sticking with us through the past 1,000. We hope we keep you engaged through the next 1,000!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Centives is proud to present its 1000th post: The Economics of Zara. Highlights from an article by Vivienne Walt include: On average a new Zara store opens everyday. Zara&#8217;s founder built the chain upon two rules: give customers what they want, and give it to them quickly. To this end Zara stores refresh their stock [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7853,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42,1],"tags":[],"class_list":["post-7852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcement","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/01\/zara21.png","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/7852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=7852"}],"version-history":[{"count":4,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/7852\/revisions"}],"predecessor-version":[{"id":7856,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/7852\/revisions\/7856"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/7853"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=7852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=7852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=7852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}