The Value of Fast Fashion: Quick Response, Enhanced Design, and Strategic Consumer Behavior

Published Online:https://doi.org/10.1287/mnsc.1100.1303

References

  • Anand K., Girotra K. The strategic perils of delayed differentiation. Management Sci. (2007) 53(5):697–712LinkGoogle Scholar
  • Aviv Y., Pazgal A. Optimal pricing of seasonal products in the presence of forward-looking consumers. Manufacturing Service Oper. Management (2008) 10(3):339–359LinkGoogle Scholar
  • Bulow J. I. Durable-goods monopolists. J. Political Econom. (1982) 90(2):314–332CrossrefGoogle Scholar
  • Cachon G. P., Swinney R. Purchasing, pricing, and quick response in the presence of strategic consumers. Management Sci. (2009) 55(3):497–511LinkGoogle Scholar
  • Caro F., Gallien J. Inventory management of a fast-fashion retail network. Oper. Res. (2010) 58(2):257–273LinkGoogle Scholar
  • Caro F., Martínez-de-Albéniz V. The impact of quick response in inventory-based competition. Manufacturing Service Oper. Management (2010) 12(3):409–429LinkGoogle Scholar
  • Coase R. H. Durability and monopoly. J. Law Econom. (1972) 15(1):143–149CrossrefGoogle Scholar
  • Eppen G. D., Iyer A. V. Improved fashion buying with Bayesian updating. Oper. Res. (1997) 45(6):805–819LinkGoogle Scholar
  • Feitzinger E., Lee H. Mass customization at Hewlett-Packard: The power of postponement. Harvard Bus. Rev. (1997) 75(1):116–121Google Scholar
  • Ferdows K., Lewis M. A., Machuca J. A. D. Rapid-fire fulfillment. Harvard Bus. Rev. (2004) 82(11):104–110Google Scholar
  • Fisher M., Raman A. Reducing the cost of demand uncertainty through accurate response to early sales. Oper. Res. (1996) 44(1):87–99LinkGoogle Scholar
  • Fisher M., Rajaram K., Raman A. Optimizing inventory replenishment of retail fashion products. Manufacturing Service Oper. Management (2001) 3(3):230–241LinkGoogle Scholar
  • Ghemawat P., Nueno J. L. ZARA: Fast fashion. (2003) . Case study, Harvard Business School, BostonGoogle Scholar
  • Goyal M., Netessine S. Strategic technology choice and capacity investment under demand uncertainty. Management Sci. (2007) 53(2):192–207LinkGoogle Scholar
  • Hammond J. H., Raman A. Sport Obermeyer Ltd. (1994) . Case study, Harvard Business School, BostonGoogle Scholar
  • Iyer A. V., Bergen M. E. Quick response in manufacturer-retailer channels. Management Sci. (1997) 43(4):559–570LinkGoogle Scholar
  • Lee H., Tang C. Modelling the costs and benefits of delayed product differentiation. Management Sci. (1997) 43(1):40–53LinkGoogle Scholar
  • Li Q., Ha A. Reactive capacity and inventory competition under demand substitution. IIE Trans. (2008) 40(8):707–717CrossrefGoogle Scholar
  • Liu Q., van Ryzin G. Strategic capacity rationing to induce early purchases. Management Sci. (2008) 54(6):1115–1131LinkGoogle Scholar
  • Meichtry S. Benetton picks up the fashion pace. Wall Street Journal (2007) April 10):B1Google Scholar
  • Milgrom P., Roberts J. The economics of modern manufacturing: Technology, strategy, and organization. Amer. Econom. Rev. (1990) 80(3):511–528Google Scholar
  • Passariello C. Logistics are in vogue with designers—As slump threatens luxury goods, systems to track consumer tastes and tweak offerings win converts. Wall Street Journal (2008) June 27):B1Google Scholar
  • Rohwedder C., Johnson K. Pace-setting Zara seeks more speed to fight its rising cheap-chic rivals. Wall Street Journal (2008) February 20):B1Google Scholar
  • Rozhon T. Worried merchants throw discounts at shoppers. New York Times (2004) December 4). http://www.nytimes.com/2004/12/04/business/04markdown.htmlGoogle Scholar
  • Stokey N. L. Rational expectations and durable goods pricing. Bell J. Econom. (1981) 12(1):112–128CrossrefGoogle Scholar
  • Su X. Consumer returns policies and supply chain performance. Manufacturing Service Oper. Management (2009) 11(4):595–612LinkGoogle Scholar
  • Su X. Intertemporal pricing and consumer stockpiling. Oper. Res. (2010) 58(4):1133–1147LinkGoogle Scholar
  • Su X., Zhang F. Strategic consumer behavior, commitment, and supply chain performance. Management Sci. (2008) 54(10):1759–1773LinkGoogle Scholar
  • Su X., Zhang F. On the value of inventory information and availability guarantees when selling to strategic consumers. Management Sci. (2009) 55(5):713–726LinkGoogle Scholar
  • Swinney R. Selling to strategic consumers when product value is uncertain: The value of matching supply and demand. (2010) . Working paper, Stanford University, Stanford, CAGoogle Scholar
  • Vance A. 3-D printing spurs a manufacturing revolution. New York Times (2010) September 14):A1Google Scholar
  • Yin R., Aviv Y., Pazgal A., Tang C. S. Optimal markdown pricing: Implications of inventory display formats in the presence of strategic customers. Management Sci. (2009) 55(8):1391–1408LinkGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.