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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I. The Summary Meerza’s Tailoring Fashion house has been in the marketplace for more than 10 years. She started in Paris from “bricks and mortar” studio and has grown her business to gain an award for Best Female Entrepreneur in France. She offers specially made suits‚ mostly for senior executives‚ at €750 per suit‚ which is considered a fair price in Paris. As the business was growing‚ she employed staff in London‚ Paris and Brussels to facilitate fabrication and delivery. The online-service she’s
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ZARA Fashion 1) With which of the international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What do comparisons indicate about Inditex’s relative operating economics? Its relative capital efficiency? Note that while the electronic version of Exhibit 6 automates some of the comparisons‚ you will probably want to dig further into them? The four companies shown above have very different business models. Inditex owned much of the production
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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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Filipino Fashion Just when you think that Filipinas do not know how to strut on the catwalk‚ Filipinas do not just have the passion to wear designed clothes; Filipinas are natural fashionistas. Tracing its origins‚ Filipinos had long since been very innovative and creative in the kind of clothes that they wear. The early settlers wore bahag‚ a loincloth commonly used by Filipino men before the European colonizers arrived. This is mostly used by indigenous tribes in the mountains‚ and until
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Title: What do our clothes say about who we are or who we think we think we are? How does the way we dress communicate messages about our identity? Today‚ clothing is a good symbol of people’s rising pursuing of fashion and beauty. It is so important to people’s daily life and it can perfectly embody who people are‚ who they are not‚ and who they would like to be. People can accurately judge one’s age group‚ personality‚ social status and identity by observing his dressing. The sage said: the
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Essay 31.03.2011 Fashion & Franchising Data of franchising in fashion industry testifies that over 60 % networks of known trademarks are organized by a franchise principle. In nonfood trade the greatest share of franchise market in 2008 was occupied with clothes and footwear franchises (51 %). In comparison with 2007‚ there was registered a strong jump in development of clothes trade which made 40.5 %‚ and footwear trade – 84.6 %[1]. Let’s consider experience of large and all known franchising
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FASHION DESIGNER Romero Bryan and model Sam Branson joined the list of internet entrepreneurs‚ actresses and sportsmen and women that are expected to be the country’s biggest financial successes by the year 2020. The list‚ compiled by Philip Beresford‚ who has extensive experience of compiling annual ’Rich Lists’‚ heralded computer whiz Carl Churchill as the list’s leading financial light‚ estimating that his internet company‚ DMC‚ which has just achieved a £1 million turnover‚ will be worth £100
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famously well-connected and well-married Miller sisters‚ daughters of American duty-free billionaire Robert W. Miller and his wife Maria Clara. Pia married oil heir Christopher Getty‚ Alexandra wed Prince Alexandre von Furstenberg‚ the only son of fashion designer Diane‚ and Marie-Chantal is married to Crown Prince Pavlos of Greece. Always on the best-dressed lists‚ the socialite sisters are the last word in what is chic and fashionable. Their image and the M brand are so well-defined‚ that when customers
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flavor to life. It is an important cause of fashion craze. Nobody likes the conventional‚ outdated things. By following the latest trends in fashion the youth try to show that they are novel and charming. Fashions have been a major cause of the progress of civilization. In fact‚ fashions and prosperity have close relations. Where there are progress and prosperity there are fashions. Urban society is more fashion conscious than its rural counterpart. Fashions are contagious. When people meet with one
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