The Future is Online for Apparel Retailers Euromonitor International 26 October 2011 Coming up with innovative ways to harness the huge potential of the internet is the biggest retail challenge facing the apparel industry over the next five years. And at the core of the challenge is the need for a fast‚ efficient and hassle-free returns service. A tipping point for online apparel retailing The practice of waiting in line for an available changing room to try on new clothes might one day
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of the most successful performance apparel brands in the United States. Despite its recent successes‚ Under Armour does have a few problems that could adversely affect its future sales. One general environment issue is how the current economic situation in the United States will affect Under Armour’s sales. As consumers change their buying habits it could hurt its sales severely. Two‚ Under Armour needs to consider how its lack of a diversified supply group impacts its bargaining power. Roughly 75
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2) For the global fashion apparel industry explain key dominant features and industry driving forces. Outline Zara’s strategies for leveraging this. Industry overview: The global fashion apparel industry is one of the most important sectors of the economy in terms of investment‚ revenue‚ and trade and employment generation all over the world. Some of its major contributors are: Significant consolidation in retail Increasing use of electronic commerce in retail Wholesale trade The
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Traditionally‚ national retailers outsource apparel production‚ via global brokers‚ to thousands of small apparel makers. The typical apparel manufacturer‚ usually located in a low-wage country‚ is a small-scale operation that employs a few to a few dozen workers. In a labor-intensive process‚ workers make specific pieces of clothing‚ often in a narrow range of sizes and colors. These pieces are then integrated with the output of hundreds of other such companies spread across dozens of countries
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AN UNDERSTANDING OF THE COMPLEX PROCESS OF CULTURE BUILDING IN AN ORGANIZATION AND ACROSS BORDERS – USING THE EXAMPLE OF IKEA BACHELOR THESIS Authors: Emilie Martens (19860203) Tobias Mauelshagen (19810623) Course: IBO 348 – VT 2007 Examiner and Tutor: Richard Nakamura Växjö universitet Ekonomihögskolan 31st of May 2007 ABSTRACT i Abstract Nowadays‚ companies face many difficulties due to the much competitive environment they have to evolve in. Therefore‚ multinational ones
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1. Executive Summary 2. Study background : Apparel is one of the oldest and largest export industries in the world. Most countries produce for the international textile and apparel market (Dickerson‚ 1995:6)‚ making this one of the most global of all industries. Apparel production considered as the “starter” industry for countries wish to establish or increase export business for low fixed cost. The rising in garment manufacturing has been playing a significant role in economic development
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Indian apparel retailers prepone end of season sales Several apparel retailers in India have began their end of season sales in earnest after witnessing weak sales during the summer season. Arrow‚ FCUK‚ Fila‚ French Connection‚ Guess‚ Louis Philippe‚ Puma‚ Regal and Van Heusen are some of the brands that have already started offering discounts to consumers‚ much earlier than the usual August and September months for their end of the season sales (EOSS). Explaining the rationale‚ behind the
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RESEARCH PROPOSAL A STUDY ON THE IMPACT OF ORGANISED GROCERY RETAIL ON SMALL RETAILERS AT CHENNAI CITY INTRODUCTION There is a tremendous scope for India’s retail growth. — Mukesh Ambani‚ Chairman‚ Reliance Industries Limited Organized corporate retailing is poised to become the business of the decade in India. With 30% of the population under 30 years‚ consumerism has become the mantra of India’s youth. With that said‚ India’s retail sector is already transforming the lives of urban Indians
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IKEA – THE GLOBAL RETAILER IKEA may be the world’s most successful global retailer. Established by Ingvar Kamprad in Sweden in 1943 when he was just 17 years old‚ today the homefurnishing superstore has grown into a global cult brand with 230 stores in 33 countries that host 410 million shoppers a year and generate sales of €14.8 billion (±R141 billion). Kamprad himself‚ who still owns the private company‚ is rumoured to be the world’s richest man. IKEA’S target market is the global middle class
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of bludgeoned brand names and skeptical consumers to question the wisdom of offshoring. Strategic Expansion in Emerging Markets Perhaps these alarming headlines reveal only a partial story. If offshoring is the sole culprit of such operational demise‚ manufacturers would inevitably seek safer harbor somewhere else. Indeed‚ there’s no shortage of risk when it comes to ensuring quality. A mid-2007 study found that only 40 percent of respondents felt they could trust a major retailer to protect them
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