The business initiatives of Bossini for the coming years directly focus on achieving a turning point to revive the business performance. For Bossini‚ this can be done through interconnected activities of replicating the new brand concept in other markets‚ pragmatic expansion that highlights profitability and strengthening of the design capability and enriching the product offering. In each segment‚ the company aimed at focusing on profitability and efficiency and opening of four to five stores in
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Bossini‚ a leading Hong Kong-based retailer‚ is rolling out a new financial management solution to drive its long-term growth. Executives in Hong Kong‚ mainland China‚ Taiwan and Singapore were all using different brands of accounting software‚ all outdated. Financial data also was being entered manually in Excel format‚ with inaccurate information delaying key decisions. This status quo was no longer working for Bossini‚ a leading Hong Kong-based apparel retailer‚ brand owner and franchiser
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future With the government’s aim to bolster domestic spending and the vast potential for consumer consumption in the retail apparel market‚ Bossini has identified China as a key growth driver in the medium and long term. Bossini has devoted many resources to develop this market‚ making China a central part of their corporate strategy. What has Bossini done to penetrate the China market so far and why are they so confident about the China market to devote so much attention and resources to it
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Company background Bossini International Holdings Limited is an investment holding company which engages in retail‚ distribution‚ and wholesale of garments. The investment holding company together with its subsidiaries (“Bossini”) group carries casual wear products for a wide spread age range from ladies’‚ men’s‚ teenagers’‚ kids’ and babies’ wear products. Bossini was listed in Stock Exchange of Hong Kong in 1993 with a stock code of 592. It was found in 1987 and launched its first retail outlet
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7.(1) Why do you think China is now a favored location for so much high-technology manufacturing activity? For the Factor Endowments under Porter’s diamond‚ China maintains a huge floating supply of labor. As Joyce mentions before‚ there are 145 million migrant workers with non-technical production move to China in 2009‚ the foreign firms can lower the labor wage because of the non-technical workers. In China‚ there are also establish a lot of infrastructure‚ in order to help the development of
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(1st Semester‚ 2012-13) Group Assignment Annual Report Project Introduction of Bossini Bossini established its first retail in 1987 with its headquarter located in Hong Kong. It has a total of 1‚314 stores in the world‚ which 523 of them are directly controlled stores in Hong Kong‚ mainland China‚ Taiwan and Singapore.1 According to the disclosed annual report of Bossini‚ their mission is to create appealing‚ competitive and quality everyday wear for happy living. They hope
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Bossini New Ethical Line Actually the apparel industry has specific negative impacts on the environment through all the stages of the apparel product life cycle‚ from fiber growth and manufacturing‚ fabric dyeing and painting‚ final product transportation to store and selling‚ even to the end of the garment life disposal (Gam and Banning 2011). Furthermore‚ Shen et al. (2012) also noted that the apparel manufactures are often accused of discharging toxic chemicals‚ such as carbon monoxide and
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company Bossini will be taken as an example to illustrate how these three elements combine to form a valuable business strategy. Bossini‚ a subsidiary comapny of Bossini International Holdings Limited‚ is a leading apparel retailer and franchiser in Hong Kong. Its headquarter is in Hong Kong. Its first retail outlet is established in 1987. The expansion of Bossini is very rapid with well establishment of an extensive international operating platform and distribution network. Up till now‚ Bossini successfully
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Over the past two decades‚ bossini has become one of the most popular brands of high quality casual fashion wear and accessories in the region. At the same time‚ fulfilling the Group’ s motto‚ "For a better world.... we care" ‚ bossini has also achieved recognition for its social commitment and successful charitable campaigns. First launched in the early 1980s‚ bossini (part of the Laws Group) opened its first exclusive store in Hong Kong in 1987. bossini International Holdings Limited was listed
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Bossini History About us - Bossini International Holdings Limited‚ listed on The Stock Exchange of Hong Kong Limited in 1993 (stock code: 592)‚ and its subsidiaries ("Bossini") is a leading apparel brand owner‚ retailer and franchiser in the region. Headquartered in Hong Kong‚ Bossini launched its first retail outlet in 1987. Over the past two decades‚ it rapidly established an extensive international operating platform and distribution network and successfully expanded its business to about
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