Marketing audit for mulberry Macroenvironment: Political/legal -Mulberry always need to be aware of the latestlegislation‚ so they take out the right policies and do notbreak the law. - International trade policy especially for asian market. Economical -key unit costs.The rise in the price of popular fabric used by Mulberry‚ such as cotton and leather‚ means prices of bags will increase. -Rising Asian market. In china‚ the sale volume for the luxury brand bag increased up to the 60%. Japan
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Angela Ahrendts is the senior vice president of retail and online stores for Apple Inc and former chief executive officer of Burberry. She is awarded to be one of the world’s most prestigious business women and in 2013 she was named the highest paid chief executive at a FTSE (Financial Times Stock Exchange) company. She was born on June 12‚ 1960 and grew up in a small town in New Palestine‚ Indiana. Growing up she always wanted to become a fashion designer‚ as she studied at Indiana’s Ball State
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Other co‐branding possibilities could be Air France‐Bic‚ Coca‐cola – Burberry‚ Dove – Airfrance. The first has potential because both companies are French and have strong brand images. However‚ Air France does not match Bic’s customer base as well as Ryan Air does. Coca‐cola and Burberry both have rich histories and a strong cultural image. However‚ Coca‐cola is not known for style and would most likely clash with Burberry if one tried to cobrand the two. Dove – Air France is a similar example
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one to invest in but the question is simply whether or not you can get your hands on any of the free float – trading volumes are thin. Next dip I would buy in where possible. Burberry – Burberry has been an interesting stock to follow over the past year‚ constantly exceeding consensus expectations. Although Burberry is categorised as a luxury good‚ it is at the more affordable end of the sector‚ so the question would be‚ if a double dip was to come would this be a stock that would plumit purely
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Business Strategy Group Case Study PRADA Group members Yufan Liu Ying Wang Dingyu Wang Executive Summary This report examines the strategic management of the international iconic fashion company- Prada. In this report we conduct an analysis of the external and internal environments and identify strengths‚ weaknesses‚ opportunities and threats of the Prada. The key issues identified in the environment analysis is the Prada’s future market especially
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When you think of the word fashion‚ what do you think? Do you think about outrageous runway outfits? Cocktail dresses? Tracksuits? Whatever your impression of fashion‚ it is obvious that fashion plays an important role in today’s society. We are judged by our clothing and appearance on an everyday basis‚ so why not make the most of our choices? Everyday‚ we see hundreds of people. Whether we see them on the street‚ at work‚ at school‚ or on television‚ people pass through our visual field. Fortunately
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METHODS OF CUSTOMER ATTRACTION By Ivanova Evgeniya Moscow 2013 CONTENTS 1.1.Getting to know luxury 5 1.2.The global market of luxury goods 9 1.3.Methods of customer attraction 11 2.1.Burberry 19 2.2.Gucci 21 2.3.LVMH 24 Introduction What exactly do we mean by " luxury"? Most of us are able to recognize a luxury product‚ but we are unable to define the specific characteristics that contribute to the concept of luxury. This is because
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ratios from their financial statements from 2010-2012. 2.1 Profitability analysis 2.1.1 Net profit margin Table 2.1 Mulberry and Burberry’s net profit margin Net profit margin | 2010 | 2011 | 2012 | Mulberry | 4.12% | 14.03% | 15.02% | Burberry | 6.42% | 13.74% | 14.27% | Data source: Mulberry’s and Burberry’s 2010-2012 annual reports From Table 2.1 it can find that Mulberry’s net profit margin was lower than Burberry’s in 2010‚ while higher after 2011. Although both had a rapid increase
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China’s luxury shoppers are shifting away from flashy labels toward more subtle designs‚ according to an HSBC report. NEW YORK (CNNMoney) -- At first blush‚ it looks like luxury has a China problem. After a blockbuster 2011‚ major upscale brands Burberry and Louis Vuitton recently shook up this rarefied world by reporting a slowdown in their China sales. But the China luxury story is murkier than it appears. That’s because sales remained strong at key fashion rivals Prada (PRDSY) and Hermes (HESAF)
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Burberry Target Market Wealthy business owners‚ CEOs and COOs and their spouses Worldly citizens Label and fashion conscious shoppers Celebrities Consumers seeking quality merchandise Younger professional 18-30 SHANGHAI TANG Current Market Segment Upper middle class Professional‚ Managers‚ Executives‚ Businessmen (PMEBs) Age:25-39 especially high-income chinese women between 30-35 Now attract Westerners who are interested in Chinese tradition PMEBs Lifestyle Spendthrifts‚ willing to spend up to
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