for the use of our client; it is not to be relied on by any 3rd party without Bain’s prior written consent 2011: a new peak for luxury goods consumption WORLDWIDE PERSONAL LUXURY MARKET EVOLUTION (1995-2011E‚ €B) Sept 11 SARS $/€ Subprime & Japan financial crisis earthquake Socio-Economic Turbulence 191 170 159 147 128 108 77 85 92 96 133 133 128 136 167 153 173 +10% +13% 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011E 2 Holiday season confirmed
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The cold war is over – and Japan won. ‘ (US presidential candidate campaign slogan‚ 1992)’. Why was the ‘Japanese model’ of economic growth so respected/feared in the 1980’s and why did this respect fade in the course of the 1990’s? In the 1980’s ‘the Japanese model’ of economic growth had two particular aspects that were unique and had not been cultivate by the western world. Firstly the Japanese had an incredible work ethic and secondly they were able to blend the free market with state direction
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Levi Strauss Japan K.K. 1993 Marketing Strategy Levi Strauss Japan’s marketing strategy in 1993 had served the company well to gain market share up to this point in time. LSJ focused on the young male consumers of Japan. The company portrayed the jeans as fashion-forward American wear through TV commercials and men’s magazines. The distribution channels were also increasing‚ including urban specialty jean shops and suburban national chain stores. LSJ also sold vintage American jeans as well as
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everything else.” This week’s discussion topic may not be about the price of tea in China but instead may I lead in my response to this week’s discussion topic with some background concerning the price of fresh salmon in Japan? In the 1980’s‚ the price of fresh salmon in Japan was around 1‚600 yen/kilogram. 98% of Japan’s supply of fresh salmon in the 80’s was from wild sources. By 2001‚ 62% of the Japanese demand for salmon was being supplied from aquaculture or salmon farms. The significant
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(ideally) service more than one outlet. The reduction in transportation costs become direct savings to the owners‚ unlike product savings (that run through the production and sales process leading to a few %). Seven-Eleven’s supply chain strategy in Japan can be described as attempting to micro-match supply and demand using rapid replenishment. What are some risks associated with this? Micro-matching supply and demand using rapid replenishment has plenty of risk associated with it. It assumes each
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Five force model of PIXAR Threat of new entrants: High Advanced technologies make it difficult for new competitors to enter the market because they have to develop those technologies before effectively competing. The requirement for advanced technologies positively affects PIXAR. The PIXAR has a high level technology development department‚ so the threat of new competitors is the technology. Threat of substitute products or services: Moderate I consider substitute products to be theater or
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What is the tension in the string in the figure? T = W - FB where T is the weightof the Al and FB buoyant force due to thealcohol T = ρAl V g - ρE V g =(ρAl - ρE) V g =(ρAl - ρE) * 10E-4 *9.8 converting the volume to m3 Using 2700 for the density of Al and 790 for the density ofethyl alcohol T = 1910 * 10E-4 * 9.8 = 1.87 N A wood block with a density of 700 floats in water. What is the distance from the top of the block to the water if the water is fresh? (a) density
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Chapter Two – Closing Case: Five Forces in the Beauty Products Industry In the beauty product industry incumbents such as L’Oreal‚ Nivea‚ Shiseido‚ Elizabeth Arden‚ and Max Factor are leaders of the industry. Incumbents have remarkably long staying power in this industry. Their support comes from the richer‚ aging baby boomers in developed economies and an increasingly more influent middle class in emerging economies. The industry leader L’Oreal was founded in 1909 and other companies
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Shinto in Modern Japan Religion is a constant variable in today’s world as well as the past. In order to understand Shinto in modern Japan first Shinto must be looked at from the past. Native Japanese religion states Shinto is the way of the gods. Going into depth of Shinto history and the modern view of Shinto now will bring up where Shinto originated from‚ it’s comparison to other religions‚ and Shinto’s role in modern Japan. Like many main religions‚ Shinto originated from prehistoric times
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The Reliable Reserve Force Augmenting the Armed Forces of the Philippines’ Regular Force Republic Act 7077‚ otherwise known as “Citizen Armed Force or Armed Forces of the Philippines Reservist Act”‚ was enacted in 27 June 1991 prompting the organization and development of the Reserve Force. Under this act‚ the Reserve Component‚ is mandated to provide the base for the expansion of the AFP Regular Force in the events of war‚ invasion or rebellion; to assist in relief and rescue during disasters
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