Introduction Ranbaxy’s Laboratories Limited’s (Ranbaxy) profile as a pharmaceutical company underwent a sea change during the period 1985-1995. During this period Ranbaxy diversified into different products‚ markets and in general over the ‘value curve’. Its export sales grew from 7.45% of total sales in 1985 to 42.4% of total sales 1995. The growth in the foreign markets was primarily led by bulk drugs and intermediates‚ which constituted 80% of the foreign sales in 1995. Driven by the vision
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Is the Fashion Industry over consuming? According to the Oxford dictionary over consumption is ‘The action or fact of consuming something to excess.’ (2014) Over the last few generations fashion has become an expression of not just class but personality. Consumers have been turning to disposable fashion to stand out and stay in touch with the latest trends. Fashion has become the biggest Industry susceptible to trends. In the UK almost six billion items of clothing is owned in the UK which is
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Strengths Burberry is uniquely positioned as a classic British apparel brand with high global brand awareness to capture the globalization of consumer demand. Its distinctive luxury brand with international recognition and broad appeal. The company’s outlook for the accessible luxury goods industry remains positive from both a geographic and product point of view. Burberry had become positively hip and popular among a younger demographic. It has a unique history and positioning as the authentic
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Question 1: Analyze the reasons that impelled Dabur to refine its Ayurvedic image to that of a herbal FMCG company? Answer: Dabur India Limited started as a medicine manufacturer in 1884 by Dr S K Burman in West Bengal. It was started as a proprietary firm for the manufacture of Ayurvedic drugs. Daburinitially used to send medicines to villages in Bengal by mail.The company marketed an allopathic drug‚ Plagin‚ to combat the then prevalent epidemic of plague. In 1896‚ Dr. Burman set up a small
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issues (i.e.‚ company weaknesses and the main opportunities/threats for the company) met by Burberry. Le problème principal rencontré en 2003 par Rose Marie Bravo était de repositionner et de rétablir une marque dont l’image et la gestion avaient été brisées. Le but était donc de transformer Burberry et de passer d’un fabriquant de vêtements démodé à une marque de luxe. Tout d’abord‚ l’image de Burberry en 1856 était totalement différente de celle que nous avons maintenant. Les vestes de la marque
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As it was mentioned‚ demographics have a limited role in brand marketing decisions in some luxury brands. But‚ in my opinion‚ that’s not the Burberry’s case. In this case luxury doesn’t transcend age. After analyzing two advertisements of Burberry Brit fragrances it’s clearly seen that the creators didn’t mean to target cross-generational customers with such campaigns. The fragrance for men is described as “leathery‚ sexy and a little bit smoky and sensuous” and for women as “blend
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Tory Burch is a Latin American designer who has created her own fashion label in February 2004 which has earned $1 billion revenue for the first time in 2015‚ 9 years after it was introduced in the market. Tory Burch’s fashion empire has now blossomed into a successful global lifestyle brand faster than any other businesses in the field for the last decade. Burch‚ the chief executive and creative director of her fashion company‚ shared that her business success did not just happened overnight but
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outfitting the Royal Army placed Burberry on the map as “the original British luxury brand” but somewhere along the line‚ it became the raincoat brand known more for outfitting stuffy elder statesmen than the cloth of choice for the glamorous rich and famous. Burberry revamped its brand image‚ hiring new designers who took the signature plaid from raincoats to bikinis. Recent ads featuring British fashion icons like Kate Moss and Stella Tennant embody the essence of the new Burberry‚ depicting a modern edginess
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Dewar’s Brand Repositioning Dewar’s was faced with a declining market among traditional Scotch whisky consumers. In addition‚ long-term consumption trends indicated that drinking preferences had shifted from distilled spirits to lighter‚ lower alcohol beverages. Though Dewar’s had a favorable brand image and growing market share‚ repositioning Dewar’s to younger adults was very necessary for the brand to remain competitive in the long term. Dewar’s must take an appropriate repositioning strategy in
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2/27/2012 @ 3:58PM |8‚768 views Can J.C. Penney Become ’America’s Favorite Store?’ This article is by Alexander Chernev‚ associate professor of marketing at the Kellogg School of Management‚ Northwestern University. On Jan. 25‚ J.C. Penney unveiled its new long-term strategy to improve declining sales revenues and profits. A key element of this strategy is its revamped pricing‚ which involves moving away from its frequent and deep promotional discounts to everyday low pricing with month-long
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