Three main strategic goals for H&M for the next five years would be linked with profitability‚ competition and technological leadership. H&M has reported a rise in sales and profits and sales for the three months to 31st of August. Net profit for the third quarter of 2009 rose 4.1% to 3.46bn Swedish crowns from 3.33bn crowns last year. Sales‚ excluding sales tax‚ increased by 13% to 23.6bn crowns. So first LTO is to maintain financial stability H&M has achieved. H&M plans to increase sales revenues
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Conduct a value chain analysis to assess H&M’s capabilities and derive its core competencies. (35%) Question 3. Based on these competencies identify the generic competitive strategy which H&M is pursuing. (10%) Question 4. It is suggested in the case study that the fashion industry is full of companies that have confidently expanded into international markets but later have been forced to retreat. Analyze the international strategy choice being pursued by H&M and assess the extent to which
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Tangibles (Physical appearance) At the first glance‚ H&M has a simple and clear design. (Appendix A) In the shop‚ different products are classified into different categories and there are clear directional signs which are easy for customers to find out what they need. (Appendix B) Also‚ the price tags are explicit and detailed for customers to understand. (Appendix C) Besides‚ the fitting rooms are located next to the cashiers which bring convenience to customers allowing them to pay right away
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1. About H&M (1) H&M history -H & M Hennes & Mauritz AB comprises five different independent brands – H&M‚ COS‚ Monki‚ Weekday and Cheap Monday. The H&M Group has a total of approximately 2‚700 stores all over the world. -From a single womenswear store in 1947 to a global company offering fashion for the whole family and their home‚ under the brand names of H&M‚ COS‚ Monki‚ Weekday‚ Cheap Monday and H&M Home. -2012 H&M plans to open in Bulgaria‚ Latvia‚ Malaysia‚ and Mexico and via franchise
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Mauritz (H&M) is a fast-fashion global leader in the fashion industry. Hence‚ to have a holistic sustainable development point of view‚ we will examine and address the Marco-environment by looking at PESTEL analysis framework. The competitive forces within the fashion industry will also be revealed throughout the Porter Five Forces Model. PESTEL ANALYSIS Case Evidence Positive (Opportunities) Neutral Negative (Threats) POLITICAL factors: Critical observation faced from the public on H&M’s overseas
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Myth: Gang rape is rare. FACT: In 43% of all reported cases‚ more than one assailant was involved. This myth I believed to be true. Not that it was rare overall‚ but that in comparison to one-on-one rapes. The fact that it occurs in almost half of all reported cases is startling. I am interested in finding out more details about this fact. Gang rape is not something that is talked about much with the exception of an occasional news report‚ but those are far and few between. Myth: Most rapes involve
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the Study Street food is ready-to-eat food or drink sold in a street or other public places‚ such as a market or fair‚ by a vendor‚ often from a portable stall. Most street foods are classed as both finger food and fast food‚ and are cheaper on average than restaurant meals. According to a 2007 study from the Food and Agriculture Organization‚ 2.5 billion people eat street food every day. In the Philippines it is easy to prepare and eaten and consequently have become the staples of street vendors
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about street food. You know street food is not popular in Vietnam but also in the world because of its advantages. In my presentation‚ I will generally express about street food both advantages and related problems. My presentation will last about 10 minutes. You don’t need to take note while listening to me because I will give you the handout after presenting. If you have any mistake you can interrupt me right away. As you can see on the screen‚ my presentation consists of 4 parts: 1. Street food
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Who are the Street Children? Street Children are young people who spend a considerable time living and/or working on the streets of the world’s cities. Different countries describe street children in different ways. However‚two general categories have been frequently used to describe them: • Children living and working in the street. • Children working on the streets who maintain regular contact with their families. Reality Situation of Street Children • The working
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Street Children Causes and Effects In the last 100 years ‚ The Number of street children has risen in a scary way .The United Nations lately tried to estimate Their number .The estimated number was terrifying ‚it was 150 million and rising daily .These children are part of the of future of our communities. Their age range is from three to eighteen years old‚ 40% of them are homeless. Imagine a three years old child roaming the streets with no place to go with no home! While the other 60% work on
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