Case Analysis: The Body Shop Since its inception in the 1970s‚ The Body Shop has experienced phenomenal growth. Specifically‚ revenue was growing at a rate of more than 20% per year. In the 1990s‚ the previously experienced revenue growth began to decline rapidly. There were numerous reasons for the steady decline in revenue growth. The two most important of these were a loss of brand image and severe competition from other skin and hair-care companies. The Body Shop expanded too quickly
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Assumptions We are going to show a three years forecast for The Body Shop International; it consists of three main objectives: • To enhance The Body Shop brand through a focused product strategy and increased investments in stores; • To achieve operational efficiencies in the supply chain by reducing product and inventory costs; • To reinforce the stakeholders culture. We extrapolate each account using the percentage of sales of year 2001 to have a first look on the evolution
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THE BODY SHOP The Body Shop was founded in 1976 in Brighton (UK) by Anita Roddick.it now has now more than It changed the image of “Glamour and Beauty”. It brought about use of natural “exotic” products to cleanse and polish the skin & hair. Started new movements by refusing animal testing and being environmentally friendly “The business of business should not just be about money it should be about responsibility. It should be about public good‚ not private greed.” Anita Roddick. Core Values
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friendly products. The Body Shop’s mission is to operate our business with a strong commitment to the well being of our fellow humans and the preservation of the planet. Our company will be entering a market that is well educated on environmental issues as well as one with a desire for organic products. Customers will be looking for two major components‚ quality products and service. As long as the quality of products remains consistent and the pricing is fair‚ The Body Shop will retain customers
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The Body Shop International In this case‚ the key is to understand and study the conditions and circumstances of how revenue grew by 13 percent and the decline in pretax profit of 21 percent in 2001. The underlying factor that caused this‚ would be the company’s lack of forecasting‚ which would be the usage of the financial modeling. The financial model gives a better forecast prior to the project as well as a good monitor during the project. For the forecast‚ we only had financial statements from
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customer suggested the name LUSH in 1995‚ and it means being fresh‚ green‚ verdant and drunken women. This company started in England and a Canadian couple Mark and Karen Wolverton on one of their vacation trips decided to introduce it to North America. In 1996‚ the first international LUSH Company opened in Vancouver in 1996‚ while the first American store opened in San- Francisco. In 2007‚ the company launched a new product into the market named the Charity Pot Hand and Body Lotion. Any money gotten
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Marketing Audit The Body Shop Module Title: Strategic Marketing Management Module Code: MARK 3015 Tutor Name: Qing Ding Jason Bent James Beddow Daniel Burt To Chan 1 Table of Contents Introduction...................................................................................................................3 Environmental Pressures ● Political factors.....................................................................................................4 ● Economical Factors...........
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The Body Shop Jamie Drozdz Jennifer Smith-Izzo The Art Institute of Phoenix The Body Shop was first introduced in the 1970’s by Anita Roddick. It all started when Anita walked into a shop located in Berkeley‚ California by the name of The Body Shop and there they sold naturally scented soaps and lotions. This inspired Anita to open her own shop in the UK. She purchased the original naming rights then launched her first shop on March 26th 1976 in Brighton‚ England. The
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SWOT Analysis of Body Shop’s retail outlet in Canada Water By Alexandros Georgakakos Executive summary Body Shop International (Body Shop) is a multinational company which is mainly producing ecological skin and hair products. Their products are solely based on natural ingredients and manufactured according to an ethical code which is opposed to animal testing. The cosmetics franchise is considered to be one of the biggest around the globe with a well established reputation in 54 countries.
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Lush Presentation – Data/ Sources Country Selection – 1) India – Chosen country 2) Turkey 3) China Country Selection- We originally had 3 different countries which we choose from and we managed to do a process of elimination‚ we did this by looking at different parts of the country and taking into account all the factors which will have an impact on Lush if those chose to expand their business to that particular country
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