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Zara's secret to success lies in big data and an agile supply chain

Unsurprisingly, the brand has been sued in the past - by indie designers and high-end brands such as Christian Louboutin. In 2011, the latter took Inditex to court for selling red-soled shoes, the label's signature. Most of these court cases, however, end up in Inditex's favour. The company, it seems, tweaks its designs just enough to evade copyright laws. And so while the creatives at Zara may be more copiers than designers, it is a win-win for the shopper: high fashion at a high-street price point. Zara's constant challenge is replicating its agility in regions such as Asia, where stores do not have proximity to the logistics, factories and distribution hubs in Europe. Spain still accounts for the bulk of the brand's business with 313 stores. China comes next, with 193 stores. Mr Echevarria hardly seems concerned by this, though.

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FILE PHOTO: South Korean President Moon Jae-in arrives for a meeting with his senior secretaries at the Presidential Blue House in Seoul, South Korea, June 1, 2017.   Baek Seung-ryol/Yonhap via REUTERS South Korea names new defense minister to counter North's arms threat World News | Sun Jun 11, 2017 | 3:17am EDT South Korea names new defense minister to counter North's arms threat FILE PHOTO: South Korean President Moon Jae-in arrives for a meeting with his senior secretaries at the Presidential Blue House in Seoul, South Korea, June 1, 2017. Baek Seung-ryol/Yonhap via REUTERS SEOUL South Korea's President Moon Jae-in on Sunday nominated a former navy chief as his defense minister, the president's office said, as the government faces challenges tackling North Korea's rapidly developing weapons program. The nominee, Song Young-moo, was well suited to deal with North Korea's nuclear and missile threat, the presidential Blue House office said. Under third-generation leader Kim Jong Un, North Korea has been conducting missile tests at an unprecedented pace in an effort to develop an intercontinental ballistic missile capable of striking the mainland United States. The North test-launched a new type of its cruise anti-ship missiles on Thursday, its fourth missile test since the South's Moon took office on May 10, pledging to engage in dialogue with Pyongyang. Song, who served in the navy for more than three decades, was Moon's main security adviser during his presidential campaign, reprising his role in Moon's 2012 presidential campaign. A decorated veteran, Song took part in a 2009 skirmish between North and South Korean naval vessels off the western coast of the Korean peninsula. Song's appointment does not need parliament's approval, but he must attend a hearing and answer questions from lawmakers. The Blue House said Song admitted to having falsely registered his residence information in the past, a criminal offense in South Korea.

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