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Zara might face several challenges while innovating their business model due to the EU's new rules. Firstly, they would need to adapt their fast fashion model to more sustainable practices, which could involve significant changes in sourcing, manufacturing, and distribution. Secondly, they might face resistance from stakeholders who are accustomed to the current business model. Thirdly, they would need to invest in new technologies and skills to support the transition. Lastly, they would need to manage the risk of potential loss of market share during the transition period.
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So how could a company like Zara use these tools to innovate given the EU's new rules that force fast fashion retailers to change their business model by 2030? Given this horizon, and the criticality of the EU as a market for Zara, it will need to update its organization, product, and delivery practices.
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Why do so many perfectly managed companies fail? Inspired by the seminal work of author Clayton Christensen, this deck provides the solutions to the “...
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