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Zara

The founder of Zara Amancio Ortega opened first Zara store in 1975. The first Zara store was located on a central street in A Coruña. Upon the success of Zara format, the firm started to expand and opened further stores. <br> Its first store featured low-priced lookalike products of popular, higher-end clothing fashions. The store proved to be a success, and Ortega started opening more Zara stores in Spain. By the early 1980s, Ortega had begun formulating a new type of design and distribution model. The clothing industry followed design and production processes that required long lead times, often up to six months, between the initial design of a garment and its delivery to retailers. This model effectively limited manufacturers and distributors to just two or three collections per year. Predicting consumer tastes ahead of time presented inherent difficulties, and producers and distributors faced the constant risk of becoming saddled with unsold inventory. <a href="http://en.wikipedia.org" target="new">Source</a>

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