Export Merchandising HENNES & MAURITZ (H&M): Hennes and Mauritz popularly known as H&M is a pioneering apparel retailer based in Sweden known for its cheap but chic fashion. H&M is one of the world’s largest and fastest growing clothing retailers. The company is also a pioneer of ―fast fashion‖: a term used to describe clothing collections which are based on the most recent fashion trends on the catwalk but which are designed and manufactured quickly‚ are affordable‚ and are aimed at mainstream
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economy: TAX: Since 99% of H&M´s garments are produced outside of Sweden‚ and they claim that “H&M sees tax as an important part of its social responsibility”‚ it´s hard to understand why the company does not redistribute any profit to the producing countries. H&M avoid paying income tax in sourcing markets by coordinating all their procurement orders through representative (procurement) offices in the producing countries. According to Erik Knijnenburg‚ the Global Tax Manager of H&M‚ there is no commercial
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The Five Competitive Forces Model In this section‚ the structure of our company will be explained using the five competitive forces model developed by Harvard professor Michael Porter. These forces include: rivalry among existing firms‚ threat of new entrants‚ bargaining power of buyers‚ threat of substitutes and bargaining power of suppliers. Each of these forces will have their own distinctive effect on determining industry profitability. Intensity of rivalry among competitors: Recently there
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1-2 1.0 Company Background 1.1 H&M History 1.2 Products‚ Strategy‚ Vision and Mission Statement 2-3 2.0 Strategy Planning 2.1 Establishment & Effectiveness of Vision‚ Mission and Goals 2.2 External Analysis 2.2.1 Opportunities 2.2.2 Threats 2.3 Internal Analysis 2.3.1 Strengths 2.3.2 Weaknesses 2.4 SWOT Analysis 2.5 Benchmarking 2.6 Hierarchy of strategy 2.7 BCG Matrix 4-9 3.0 Conclusion 3.1 Advice 3.2 Future Plan Reference History of H&M H&M were established in Vasteras
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H&M MARKETING COMMUNICATIONS History Of H&M Hennes & Mauritz: H&M by origin is a Swedish retail-clothing company‚ known for its fast-fashion clothing offerings. H&M was established in Västerås‚ Sweden in 1947 by Erling Persson. H&M‟s first store was opened in Sweden in 1947. (www1) At the beginning it was called Hennes (Swedish for hers) because they only sold cloth for women. In 1969 bought Erling‚ a company which was dealing with man´s clothing‚ and that store was named Mauritz. Together it becomes
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4. Internanalyse - analyse av H&M’ interne konkurranseforutsetninger I eksternanalysen så vi på hvordan de eksterne omgivelsene der Hennes&Mauritz opererer kan skape strategiske muligheter og trusler. Vellykkede strategier er også avhengige av at bedriften har den interne strategiske kapasiteten som kreves for overlevelse og suksess. I denne delen av oppgaven vil vi vurdere om H&M innehar egenskaper som kan gi konkurransefortrinn i bransjen. Dette fordi en bedrift bør kjenne til bakgrunnen
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International Expansion of a Multinational Company ---A Case Study of H&M Authors: Jun Li Maja Frydrychowska Abstract Date: Level: Authors: June 19‚ 2008 Master Thesis in International Business and Entrepreneurship‚ 15 credits Jun Li (1981-11-01)‚ China jli07001@student.mdh.se Maja Frydrychowska (1974-05-29)‚ Poland mfa07001@student.mdh.se Title: The International Expansion of a Multinational Company---A Case Study of H&M Leif Linnskog How did H&M go international and what factors did influence its expansion
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Porter’s Five Forces 1 In talking strategy for any company‚ Porter’s Five Forces Model is likely to come up. It has served as a strategic planning guideline for years. If a company is just starting out‚ they would have to analyze the model and apply it to themselves from every aspect. If a company is well established‚ the model can serve as points that need to constantly be revisited. In going global‚ the tool becomes invaluable. It still only serves as a guideline‚ but it delivers significant
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1 Porters five forces driving industry competition of SME 1.1 Bargaining power of suppliers: Here I came to in my opinion‚ to one of the most important threats that SME is facing. The declining dependency of the musicians on the label. Some of big names such us Madona‚ U2‚ Shakira and lot of others*5 signed comprehensive deals with live nation what emerged a new competition in the field of concerts and venues promoters. The market had emerged for musicians also another alternative to the labels
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Presentation on CORPORATION : H&M (Hennes & Mauritz) Introduction. Products of H & M. Analysis of Current Position. Porter’s 5 Forces Industrial Analysis. SWOT Analysis. Advantages. Disadvantages. Summery & Conclusion. Fashion and quality at the best price Introduce H&M A Swedish retail-clothing company Established in 1947 by Erling Persson in Västerås‚ Sweden Firstly known as Hennes which only sold women’s cloth In 1968‚ it added men’s cloth and known as H&M (Hennes & Mauritz).
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