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Table of Contents 1.Executive Summary
2. Company Overview
3. Vietnam General Information
4. Social factors
5. Market Trends
6. The Body Shop Products
7. Vietnam Product Market Entry
8. Legal factors
9. Competition
10. Sales Channel
11. Promotion
12. Appendix and Appendices
Executive Summary
Global companies today face the problem of initiating a global product launch, the situation of which has been further complicated by the changing global structure. To keeping up with the changing trends of economies, our company -The Body Shop – is willing to step forward. This proposal is about the possible entry of The Body Shop in Vietnam market.
Company Overview
The Body Shop is a famous retail brand in the world. It has a good position in creating naturally inspired skin and hair care products. Headquartered in Littlehampton, West Sussex, England, The Body Shop was founded by the late Dame Anita Roddick and is now part of the L'Oréal corporate group. Within about 70 years, it has grown from a small and simple shop into a multinational company rapidly. Today, The Body Shop established more than 2,500 stores in over 61 counties worldwide. It also has more than 35 suppliers from 25 counties. Indeed, the Body Shop has gone global, cutting across various cultures. It is now the second largest cosmetic franchise in the world. Major of our sales are targeted on four regions: Americas 31%, The UK and the republic of Ireland 29.7%, Europe, Middle East and African 19.4%, Asia Pacific 17.7%. (Figure 1)
| For many years, The Body Shop® has constantly sought out wonderful natural ingredients from all four corners of the globe, and brings products bursting with effectiveness to enhance natural beauty. While doing all of this The Body Shop also strives to protect this beautiful planet and the people who depend on it — not because it's fashionable, but