for budgeters like C&A as well as for luxury brands like Gucci or Prada. This paper aims to assess those emerging forms of distribution channels by outlining the prevailing formats and exhibiting examples of such innovations by the means of a mini case study for each respective innovative distribution channel. Characteristics of the Fashion Industry What Is Fashion? "Fashion is a form of ugliness so intolerable that we have to alter it every six months." (Oscar Wilde) Fashion is a means of
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Burberry PLC Equity Research Report Applied Financial Research Weihan Wong CID 00607866 August 2010 Client Specification The client is either a retail or institutional investor seeking to gain an in-depth insight into the profile‚ valuation‚ price‚ risks and growth potential of the equity of the specified company Burberry PLC. The client would expect an analysis of the firm’s business activities‚ its strategy and its future growth drivers. He would also expect a detailed analysis of the firm’s
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LUXURY MARKET OVERVIEW Luxury goods have more than the ordinary and necessary characteristics compared to other products of their category. Their characteristics can be divided into 6 parts Symbolism‚ Price‚ Extraordinariness‚ Rarity‚ Aesthetics and Quality. The global market size for the industry has been at a growth rate of 9% per annum. This trend has been seen in the market since 1995 till 2000. The luxury market took a hit from 2000 to 2004 when incidents like the September 11 and SARS epidemic
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Waterford Wedgwood and the Market for Luxury Goods ------------------------------------------------- This case study is intended to support classroom discussion of the strategic management of a luxury goods business. Copyright Professor Gary Davies 2006 The forward to Waterford Wedgwood’s 2005 Annual Report concluded "This confluence of great global brands‚ management talent and focused energy is well placed to take Waterford Wedgwood forward.” The challenge facing its management was how
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Louis Vuitton Strategy LVMH is the world’s leading luxury products group. The strategy of LVMH is based on combining LVMH fashion and leather goods. Net sales have grown 57% in the past two years. In 2001 LVMH had a strong earning growth in a slumping economy. This was due to the strength of the Louis Vuitton brand‚ which is the world leader in luxury goods and benefited the younger brands from the synergies that developed within the business group. Each company could focus on their core business
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Euromonitor International June ’China’s Domestic Demand Strength’ Euromonitor International May ‘Clothing and Footwear China’ - Euromonitor International: Country Market Insight - October ‘Consumer Lifestyles China’ Euromonitor International November ’LVMH Moët Hennessy Louis Vuitton: Company Factfile’ September Haisma-Kwok‚ C.; ’VUITTON DOUBLES UP IN HONG KONG.’ WWD: Women’s Wear Daily Vol Issue Hofstede‚ Geert. ( ).Culture’s Consequences‚ International Differences in Work-Related Values (Cross Cultural
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Coach and Gucci in accessories. Burberry now has three primary collections: womenswear‚ menswear‚ and accessories. Womenswear line focused on the autumn/winter season and over the years expanded to spring/summer seasons as well. Threats In 2001 LVMH was 14.1% in sales and Burberry was 5.2% in sales. Sesonality and weather was a risk because of its exposure to the outerwear market‚ although this is a reducing proportion of sales. There were different types of outfits for each session. Also‚ counterfeiting
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LVMH‚ the Multi-Brand Conglomerate Weakness: 1. Sustenance of multi brand strategy 2. Dependence on star designers Strengths: 1. Leading luxury goods companies - $ 12 billion fashion and liquor conglomerate 2. Strong brand portfolio with 10 star brands and 60 top brands 3. Wide geographical presence 4. Leadership and charisma of Bernard Arnault 5. Human resource management LVMH Opportunities: 1. World wide presence through acquisitions of famous brands 2. Growing luxury markets in emerging
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LVMH Discussion Materials November 2012 TABLE OF CONTENTS 01 02 03 04 Company Snapshot – LVMH Industry Analysis Internal Analysis Business Strategy Slide 2 LVMH • Merger of Louis Vuitton and Moët Hennessy • French holding company for luxury goods • Owns more than 60 companies • Revenue 24 billion EUR • Net income 3 billion EUR • Over 3000 stores • More than 100 thousand employees Slide 3 Current Strategy • To represent the most refined qualities Western "Art de Vivre“ around
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Management Practice I STRATEGIC ANALYSIS Professor MCCLEELLAN Case: Cola wars Continue: Coke and Pepsi in the 21st Century September INDUSTRY ANALYSIS OF THE CARBONATED SOFT DRINKS INDUSTRY Description of the Industry The industry of Carbonated Soft Drinks (CSD) is highly concentrated. The three major companies‚ Coca Cola‚ PepsiCo‚ and Cadbury Schweppes accounted in 1998 for more than 90% of market share by case volume Exhibit 1-. Generally‚ there are 4 participants in the market
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