Description___________________________________________ H&M is a leading brand in producing frontline affordable fashion. Founded in 1947 in Sweden‚ as Hennes and Mauritz (H&M)‚ it has expanded globally and found itself having gained a reputation as a major multinational clothes and cosmetics retailer. The business mainly operates in North America‚ Asia and Europe‚ with its headquarters in Stockholm‚ Sweden. It had over 2‚200 outlets around the world and a turnover of SEK 126‚966 million in 2010. (H&M‚ 2011e) The company
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Products range they deal in H&M brand deals in: • Assecories • Suitning for women& men • High volume fashion basics for men&women • Swimwear • Nightwear • Underwear • Ladies Footwear • Cosmetics • Childrenwear • Children apparel 2. Identify Customers (Consumers) H&M brand’s customers are: • Men • Women • Teenagers • Children 3. Identify Means of Competition (Why will consumer buy the products??) H&M retail stores have products that are High Fashionable & Quality at low prices. H&M has advanced technology
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&mHistory of H&M H & M‚ (Hennes & Mauritz AB) is a Swedish multinational retail-clothing company‚ known for its trendy fashion clothing for men‚ women‚ teenagers and children. It started out as a single womenswear store in 1947‚ and subsequently transformed to a global company offering fashion for the whole family‚ and their home. The business concept is to give the customer unbeatable value by offering fashion and quality at the best price. H&M ensures the best price by having
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1. Question 1 Evaluate the external environment in which H & M operates in. 1.1. PESTEL Analysis 1.1.1. Political As companies begin to expand globally‚ it needs to understand the laws of each country. Since each country regulations are different‚ its needs to take special consideration before entering and investing into a new market in order to prevent violating any of them. This is especially true when regulations involving imports and exports are affected. While the restrictions of goods
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Problem 4: H&M and Burberry’s non-current assets Question 1 (a) Ratio of land‚ buildings and equipment to sales H&M: (420+222+7134) / 78346 = 9.9% Burberry: (58.2+99.2) / 995.4 = 15.8% (b) Ratio of depreciation to sales H&M: (14+1750) / 78346 = 2.25% Burberry: (1.9+27)/ 995.4 = 2.9% The above ratios can be used to measure the efficiency of a firm’s investment policy. Burberry has a higher land‚ buildings and equipment to sales ratio as well as a higher depreciation to sales ratio.
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In this project‚ the m-commerce of Sephora would be focused. Discussing on the mobile commerce of Sephora‚ the opportunities and treats of would be identified. By comparing the mobile site and mobile applications (Apps) between Sephora and its competitors‚ who are Ulta and Nordstorm‚ the performance of Sephora would be concluded. By all means‚ the strength and weakness would be included as well. By analyzing the above data‚ the recommendations would be made in the end of this project‚ in order
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characteristics were stripped from the ranks of public figures‚ the ranks would be perilously thinned.” Jerrold M. Post (1993‚ p. 99). “The big danger is one of hubris. There ’s a tendency…to think you ’re invulnerable. You ’re not just king of the mountain‚ you ’ve mastered the mountain. That can often lead to mistakes of excessive pride.” David R. Gergen (Bumiller‚ 2004). “I ’m an
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MATH PROJECT SELECTION LIST 1. Investigate the five "perfect" (or Platonic) solids and explain why there are only five. References: "The Mathematics Teacher"‚ April ’77‚ p. 335; I have directions for making the solids from strips of paper; NCTM Student Math Notes‚ May 1999. 2. Research an invention based on unusual geometric properties or configurations (e.g. Rolamite Bearing‚ Wankel Engine‚ Holograms‚ etc.). References: "Popular Science"‚ Feb. ’76‚ p. 106; "Popular Science"‚ Aug
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Mergers and Acquisitions “Mergers and Acquisitions” or “M&A” is a general business term‚ which refers to transactions that result in the consolidation of companies. A merger is a combination of two companies to form a new company‚ whilst an acquisition occurs when one company purchases another‚ therefore does not form a new company. By its nature‚ a merger suggests the combination of two businesses under a mutual accord. The decision to merge is made by the management / board of each company
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H&M is currently structured as a matrix organisation this is due to their widespread departments all over the world. A matrix organisation is horizontally laid out and product-based. The standard way of managing a matrix-organised company is to have their employees report to more than one manager at a time. It is common to different managers to come together in order to accomplish a common goal and avoid duplications of for example products‚ marketing and human recourse etc. Thanks to this the
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