data. From its inception in 1996 until recently‚ The Fashion Channel (TFC) enjoyed great success by appealing to as a broad an audience as possible. Overall viewer numbers were the main focus‚ and so long as TFC had no significant competition in terms of the fashion-specific content it offered‚ this “something for everyone” approach was a winner. But competitors such as CNN and Lifetime made note of TFC’s success. They began to offer fashion-specific programming. Consumers now have a choice‚ and
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Fashion Is Important Fashion is a concept that has been around since the beginning of ages. The Neanderthals of the Stone Age used sewn animal skins to get protection from the harsh environmental factors. This simple body covering that people used then went on developing throughout time to suit the different climates and cultures of the world. However today fashion is seen as a form of adornment and moreover a way of life‚ especially for the young generation. Fashion is the first thing that happens
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1. How would you describe Zara’s financial performance? Since only Inditex historical financials are shown in the case‚ we took the financials of Inditex to describe Zara’s financial performance. It is reasonable to take Inditex financial data because Zara made up 76% of Inditex’s sales in 2001. Zara (Inditex) Financial Performance in 1996-2001 1996 1997 1998 1999 2000 2001 Liquidity Ratio (current ratio) 0.81 1.00 0.88 0.87 0.90 1.02 Leverage Ratio (debt/ equity) 1.98 1.84 1
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As-Is Circumstances TFC is confronting hard competitive risk. Lifetime and CNN are eroding TFC’s fashion programming share and there customer satisfaction are higher than that of TFC’s. The conditions will lead to TFC’s net income down. Lifetime is targeting women aged 18-34‚ also CNN is targeting men of all ages as there marketing target. These 2 groups are high valued demographics for advertisers. TFC‚ by contract‚ has no specific marketing target and strategy at present. Relatively‚ TFC becomes
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Knowledge and Marketing Management Seminar The Fashion Channel Case Study: Friday‚ 18 October Please read and analyze this case on market segmentation and targeting options for a cable television network dedicated to fashion programming. No research into the industry or firm is necessary. Please use only the information provided by the case. Each team should complete Exhibit #4 “Ad Revenue Calculator” and Exhibit #5 “Estimated Financials for 2006 and 2007” and submit a copy of their
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INTRODUCTION Do you ever think Fashion is one of the most important thing in this world? Let me discuss it to you‚ here are the 5 most things that I think you should know about fashion :What makes you happy? Every time you contemplate a purchase‚ just ask the same question‚ “Do you feel good in that‚ does it make you happy?” If the answer is no‚ even if the price is right or if the outfit was featured in a fashion magazine‚ you will push it to the back of your closet and won’t wear it. What looks
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MM1 CASE STUDY SUMMARY THE FASHION CHANNEL-Introduction 1. The Fashion Channel (TFC) is a cable TV network 2. It was founded in the year 1996. 3. Jared Thomas is the CEO. 4. Experienced constant revenue and profit growth above the industry average. 5. Almost 80mn U.S. households subscribed to cable and satellite TV. 6. In the beginning of 2006‚ the company started facing stiff competition from other networks. 7. In July 2006‚ Dana Wheeler was appointed as VP of TFC. PROBLEMS: TFC was facing
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The Fashion Channel (TFC) is a stand-alone cable channel‚ which was started in 1996. It known to be the only “fashion only” channel‚ with fashion related content 24/7. The majority audience for TFC was women aged 35-54. TFC had done well in 2006 with revenue of 310 million‚ way above their expected revenue. But in 2006 more competitors had popped up on the scene and offered fashion related content. These channels‚ CNN and Lifetime‚ were not fashion only channels‚ but they had segments in their broadcast
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Fashion evolution through the years Who didn’t have been heard something about the most representative eras of the fashion‚ like 50s‚ hippie’s age‚ disco fever‚ or grunge? All these ideologies had been make an important change through the time. There exists a great evolution through the fashion of the 40s to the 90s‚ and it involves different ideologies‚ dress trends‚ shoes and hairstyles. I’m going to mention only the most representative eras of the fashion that marks a significant change in our
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Fashion In Life Group-SPARK Objective Familiarize ourselves with the concept called ‘Fashion’ through the analysis of the cultural practices of our society Researching out the key reasons behind fashion and its importance Analyzing Impacts on society both positive and negative. The changes of fashion in society and culture. Create ideas & emphasize the career in fashion INTRODUTION • Fashion is something we deal with everyday • One can find a lot changes and evolution in the history of
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