Executive Summary In the midst of China cropping up as a hidden dragon‚ every firm that plans on foreign expansion is tempted into penetrating China out of all the optimization competitive advantages provided. Being one of them‚ SaSa‚ a listed well-know cosmetic chain store that stands alone in Hong Kong‚ has already taken action. Our report is to analyze SaSa’s business expansion in China. The background part reveals how SaSa has been turned around‚ originating as a small open-shelf retailer and
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Exchange-Traded Funds: An Introduction The iShares definition of ETF is as follows: “An exchange traded fund (ETF) is an investment vehicle that combines key features of traditional mutual funds and individual stocks. Like index mutual funds‚ ETFs represent diversified portfolios of securities that track specific indexes. Like stocks‚ they can be bought and sold (long or short) on an exchange throughout the trading day. In addition to trading flexibility‚ key ETF benefits include instant diversification
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SEPHORA A Brand Case Study Nikki Kerber PBDS 705 • November 21‚ 2011 Nikki Kerber • PBDS 705 • The Design/Business Link 1 History of SEPHORA: The Foundations of Modern Design Founded in late 1969 as Shop 8‚ Dominique Mondonnaud opened a speciality perfumery retail store in Franceʼs Haute Vienne region that was revolutionary for its time due to the way the store was operated and designed (”Sephora holdings s.a‚” 2011‚ p. 1). While department stores heavily relied on the tried
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social media‚ video‚ and mobile? Background Started in 1969 as a perfume special shop in France‚ now is managed by the luxury brands Louis Vuitton and Moet Hennessy (LVMH). Sephora opened the U.S. market in 1998 with perfume and cosmetics; in 2010 Sephora offered 288 brands includes prestige brands‚ emerging brands and Sephora private label
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Louis Vuitton in India Executive Summary Louis Vuitton Moët Hennessy‚ the world’s leading luxury brand‚ made the decision to formally enter India in 1999. India was a familiar market for Louis Vuitton as the company had filled custom orders from maharajahs since the late 19th century. However‚ the Indian market was unlike any in which the company was currently operating. The changing socio-economic conditions of the developing nation opened up opportunities for the brand but also posed unique
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Executive Summary Gucci Group is a luxury goods retailer focusing on improving their market share while producing high quality fashionable items. Initially‚ Gucci’s poor business strategy and internal family conflict directly resulted in decreased sales and net income. When Investcorp took control of the company‚ Gucci regained their success through quality management and acquisitions. Gucci’s product line now includes a large range of products. We would like to continue Gucci’s success and believe
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Competitive advantage at Louis Vuitton and Gucci INTRODUCTION TO THE CASE: NAMES FIRST (2) This case explores the competitive advantage in the world of high fashion luxury goods. Does the advantage come only from the brand name or there are other advantages? Louis Vuitton and Gucci are brand names which are always associated with high fashion and are among the most successful international fashion houses. (3) THE FIRST PART OF THE PRESENTATION examines the value chain and the value system of the
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Coach and Gucci in accessories. Burberry now has three primary collections: womenswear‚ menswear‚ and accessories. Womenswear line focused on the autumn/winter season and over the years expanded to spring/summer seasons as well. Threats In 2001 LVMH was 14.1% in sales and Burberry was 5.2% in sales. Sesonality and weather was a risk because of its exposure to the outerwear market‚ although this is a reducing proportion of sales. There were different types of outfits for each session. Also‚ counterfeiting
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The ranks of the wealthy in China‚ which last year surpassed Japan as the world’s second-biggest economy‚ are swelling as the nation experienced the fastest expansion of any major economy. That’s driving demand for products from companies including LVMH Moet Hennessy Louis Vuitton SA and Swatch Group AG‚ CLSA Asia-Pacific Markets said last month. “The demand of China’s 1.3 billion people for luxury consumer goods is now second in the world‚ slightly lower than Japan‚” Chen said. “By 2015‚ the expected
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• Cognizant 20-20 Insights Luxury Retail’s Evolving Landscape Executive Summary The luxury goods market may appear to many as a recession-resistant industry that generates over $1 trillion in revenue‚ but a closer look at the figures suggests otherwise. Luxury retailers‚ which were growing 9% annually a year before the recession‚ saw sales drop on average by more than 13 percentage points from 2007 to 2009. Meanwhile‚ luxury manufacturers saw their revenues decline by an average of 21 percentage
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