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Table of Contents
TOC \o 1-3 \h \z \u 1. Introduction 3
1.1 Brief Overview of the Company: Zara 3
2. Key Issues 4
2.1 Major Local and Global Sustainability Concerns 4
2.2 Significance of a Sustainable Supply Chain Model 4
2.3 Stakeholder Engagement, CSR, and Business Ethics 5
3. Green Marketing and Sustainable Practices: Opportunities for Zara 6
4. Changing Consumption Patterns and Sustainable Innovation 8
5. Key Challenges in Pursuing Sustainable Development within the Fast Fashion Industry 9
5.1 High Volume, High-Speed Production 9
5.2 Supply Chain Complexities 9
5.3 Consumer Behavior 9
5.4 Sustainability Metrics and Transparency 10
5.5 Innovation and Technology 10
5.6 Regulatory and Policy Challenges 10
7. Recommendations 10
Further Embrace Circular Economy 10
Improve Supply Chain Transparency 11
Consumer Education 11
Invest in Sustainable Innovations 11
8. Conclusion 11
References 12
1. Introduction
With organisations facing the combined constraints of reducing their environmental impact and satisfying the expectations of stakeholders, sustainability is rapidly being recognised as an essential component of business strategies globally (Whiteman et al., 2017). A critical awareness of the socioeconomic and environmental settings in which firms function is essential for addressing the most pressing sustainability concerns. With an emphasis on the international chain store Zara, this report aims to help readers learn about sustainability in the fashion business.
1.1 Brief Overview of the Company: Zara
Zara, with its roots in Spain, is a global clothing and accessories retailer well-known for its innovative business strategy that integrates the creative processes of design with those of manufacturing, distribution, and retail sales. The Inditex Group, of which the company is a part, is one of the greatest fashion retail conglomerates in the world, with over 7,000 outlets in 96 countries by the end o
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