...THE NEW DIGITAL WORLD: THEN & NOW 201 Four Seasons Luxury T 2 rend Report Luxury Trend Report | 1 The global luxury landscape and the luxury customer have evolved dramatically over the last tumultuous and transformative three years. The advent of unprecedented new technological innovations, coupled with the increased skepticism left over from the global financial crisis, mean that today’s consumers are demanding honest, accurate, timely and engaging information. They are looking for intrinsic value and a deeper relationship with the brands with whom they choose to support and interact. According to The Affluence Collaborative1, a research powerhouse that dives deep into the habits of high-income consumers, the affluent2 seek out companies and brands that can simplify and improve their lives. In the travel sector, this translates into increased expectations around personalization cutting across all touch points – including digital media platforms – as luxury travellers research, purchase, engage in and reflect upon their travel experiences. The Luxury Traveller Technology Survey3, commissioned by Four Seasons, coupled with leading luxury market research and brand insight, sets out to uncover how consumers want technology to blend seamlessly into their experience, and how those preferences have changed in recent years. strong performance in China and Latin America, are driving growth in the sector. All combined, the global luxury market is expected to grow by 10 percent...
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...Marketing Analysis: Four Seasons Hotels and Resorts Subject: 2012 Electif 136 : Marketing du luxe Lecturer: RIOUX Christophe Made by Erasmus student: Valeria Grinevich 2013 Content Introduction 2 History of Four Seasons Hotels and Resorts chain 3 Marketing Strategy Analysis 4 SWOT analysis 7 Target segments 7 Marketing Mix (4Ps) 8 Bibliography 11 Introduction For my luxury brand marketing analysis I choosed the Four Season Hotels chain, as on my mind it is one of the most successful and well-known hotel chain, providing 5 star service all around the world. Every hotel – is a masterpiece. You won’t find two similar hotels, as all of them are unique, built in different styles, based on the part of the world, where the hotel placed. But at the same time they all combined by unrepeatable spirit of elegance and chic. “Treat others as you would like to be treated” this is the golden rule and the basis for the success and recognized service quality of the Four Seasons hotel chain. The company offers luxury accommodation and beautiful high-professioned SPA complexes, as well as catering services for different types of the events, from wedding to corporate meetings. FHS also provides leisure activities, including golfing, skiing, tennis, fishing, cooking schools, fitness facilities, family travel, dining, sailing, scuba diving, and other types water sports. Four Seasons has chosen to specialize...
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...[pic] Course Syllabus Managing International Business Graduate Program in General Management Class of Executive July 2008 Course Leader: Handry Satriago Oct 2009 – Feb 2010 IPMI Business School Graduate Program The Indonesian Institute for Management Development Jakarta, Indonesia Course Name : Managing International Business (MIB) Class : Executive Program, July 2008 Facilitators : Handry Satriago (Course Leader) Guest Speakers : Subject to confirmation from the guest speakers - Riri Riza/Mira Lesmana, MILES Film (Session 5) Topic: Indonesia Movie Industry - Richard Matalon, President Director L’Oreal Indonesia (Session 12) Topic: L’Oreal strategy entering Indonesia - Vikram Reddy, GM Four Seasons Hotel Jakarta (Session 16) Topic: Four Seasons Global Strategy Background Companies today confront an increasing array of choices of markets, of locations for value adding activities, and of modes of crossing borders. This course focuses on the international dimensions of strategy and organization, and provides a framework for formulating strategies in an increasingly complex world economy, and for making those strategies work effectively. Operation in an international environment gives the manager access to new markets, additional natural resources, and low-cost-factor...
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...Content and analysis Political Factors Indonesia has undergone a political transformation since the upheaval of 1998 which saw the fall of General Suharto after 30 years of authoritarian rule and a collapse of the Rupiah. The country is now a vibrant democracy that is continuing to strengthen its political structures and deepen the enfranchisement of the population. In Indonesia, there are parliamentary and presidential elections every five years. After every five years, election is being contested for president and vice president post by direct vote of the citizenry. In 20 October 2014, Joko Widodo has been elected as president and Jusuf Kala is the vice president. However, corruption and slow-moving bureaucracy continues to be a persistent issue. The government faces great challenges in consolidating Indonesia's democratic transition, restoring the country's economic momentum, and in bringing the benefits of development to all Indonesia's citizens. Among the key political issues with economic implications are periodic outbreaks of communal violence around the country, particularly in Central Sulawesi; demands for greater autonomy or independence in Papua; the presence of the regional terrorist organization Jemaah Islamiyah (JI); and deep-seated weaknesses in the rule of law at all levels throughout the country. Economical Factors Indonesia is considered as a developing country. They have hub of natural resources such as in oil production. The top exports of Indonesia...
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...Integrative Case: The Start/up Challenges for SnowSports Interactive Introduction The Company SSI was born officially in 2005 after an analysis of the global ski industry that identified gaps and new technologies in the market. SSI developed a tracking positioning software that was able to locate users within the resorts were the company was present. Their technological know/how and resources improved quickly. Their products involved multiple technologies and they developed an integrated product that involved analysis software, GPS and WIFI tech. Their sales started growing continuously, their product provided a new user friendly experience. As a start-up, growth is a big challenge as they had to be financed by family and friends, also by government funding the founders applied to over the years. The Strategy SSI created partnerships with ski resorts to secure sales and revenues. The global strategy was to create small branches with limited liability with SSI workers and locals in each resort, infrastructure needed would be either purchased or leased and SSI software license would be included for 3 years. Their strategy allowed resorts to increase safety, conviviality and improve the ski experience, still they needed to innovate constantly to maintain their competitive advantage. The Potential The success in the industry depended on several factors, the seasonality of the industry evidenced that the SSI product needed to adapt to several conditions in the markets...
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...The NFL in Europe: Will it make dollars, does it make sense? Table of Contents 1. Football in America: Playing on Its Home Turf 1.1 Football Surpasses Baseball as America’s Favorite Pastime 1.2 Football Generates Billions of Dollars for Owners and Players 1.3 The Economics of Football Goes Beyond the Playing Field 2. Football Goes Global 2.1 The Super Bowl Introduces Football to the Rest of the World 2.2 NFL Europe Provides a Testing Ground for NFL 2.3 English Crowds Flock to See NFL Visitors 2.4 Commissioner Wants to Take the League to England and Beyond 3. Looking to the Future: Is It the Right Move 3.1 New Legions of Fans Could Enhance Profits and the Sport’s Popularity 3.2 Why the Move Might Be Counterproductive 3.3 Why stop at London? 4. The NFL in Europe Is Imminent, But Is It the Correct Move? 4.1 Questions Still Remain about London’s Viability 4.2 Final Conclusion The NFL in Europe: Will it make dollars, does it make sense? 1. Football in America: Playing on Its Home Turf 1.1 Football Surpasses Baseball as America’s Favorite Pastime There was a time when baseball was the most popular sport in the United States. Football used to be an afterthought for most sports fans. In the first half of the 20th century, baseball was king and football was fighting for its survival. In fact, football was considered on the same level as professional basketball, boxing, golf and horse racing. That all started to change in the 1960s when professional...
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...important component of community infrastructure that influences the health and economic vitality of the agriculture industry. This information brief will focus on the importance, challenges, and opportunities surrounding farmworker housing. Overview and Importance Farmworkers are the genesis of the agriculture supply chain, picking and harvesting fresh produce that feeds the global population. Despite having a critical role in the production of food, there is a fundamental lack of sufficient housing resources that offer an affordable and safe living environment to this unique population.i In the United States, farmworker housing typically consists of government housing, which is only available to documented workers, grower-owned housing, which has become increasingly scarce in agriculture communities, private rentals, and community based housing. Housing demand exceeds supply. Farmworkers are generally considered to have special housing needs due to their...
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...most influential and powerful stakeholders in the United States today. There are many key factors in this organization’s external environment that can affect its success. Presupposing, the two key factors to this are the Franchise Tag which is a tool that the owners use to pay less money to players at the end of their current contract and keep them on that team for the remainder of the season. In terms of a business decision, the franchise tag is a solid move. It prevents a player from leaving a certain team without the team receiving just compensation, but it also pays the player a top five salary at that particular position. It gives the team five extra months to negotiate a new contract in order to retain the player on the current team with a long term contract it is intended as a good faith jester from the team to show the player under this tag that this is what the organization is working towards. Unfortunately, that isn’t always the case, and teams basically use the tag now to keep a player hostage. While the players are beginning to hold out, meaning not playing until well into the season in hopes of obtaining a new contract or being released to the free agent market. The second key factor is Free Agency it is, quite simply, someone who is not currently under contract. More interestingly, there are a lot of players in the NFL who are in a nebulous grey area between under contract and a free agent. How can this be? The NFL has a labor contract with the NFL Players Association...
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...Infrastructure & Capital Projects Life Sciences & Healthcare Manufacturing Private Equity Real Estate Sports Business Group Research & publications Services Sports Football Cricket Rugby Union Tennis Motorsports Horseracing Other sports Public sector and sport Technology, Media & Telecommunications Travel, Hospitality & Leisure Login i_sign_in Register 1. Real Madrid Deloitte Football Money League 2013 2012 revenue 2011 revenue 2011 position €512.6m (£414.7m) €479.5m (£433m) 1 Real Madrid not only maintain their position as the leading club in the Deloitte Football Money League for an eighth consecutive season, equalling Manchester United’s record, but also become the first club to surpass the €500m revenue threshold. Revenue increased by €33.1m (7%) to €512.6m (£414.7m) in 2011/12 and with a slightly increasing €29.6m gap to rivals FC Barcelona, Real Madrid remain the team to catch. Real Madrid 2011/12 will be remembered as a record breaking year for ‘Los Merengues’ both on and off the pitch. They won the La Liga title for the 32nd time gaining 100 points in the process - a feat that has never previously been achieved by any Championship winning side in any of the ‘big five’ European leagues. In doing so, they won 32 games scoring 121 goals, the most ever by a La Liga side in both cases. Jose Mourinho’s side also had a good run in the UEFA Champions League before...
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...Ans 1: Inditex is a global specialty retailer that designs, manufactures, and sells apparel, footwear, and accessories for women, men and children through its chains around the world. Zara is the largest and most internationalized of the six retailers that Inditex owns: (Zara, Massimo Dutti, Pull & Bear, Bershka, Stradivarius, and Oysho). Zara is one of the leading retail garments chain in Europe. Their main competitors are Gap and H&M, and together they form a group of speciality chains in the apparel industry. Zara has operated and adopted a different strategy as compared to Gap and H&M and the following points draw the difference between the players. 1. Vertical Integration: Traditionally the global apparel industry is highly labor intensive rather than capital intensive. Hence outsourcing production to developing countries with low labor rates to lower costs is a common trend amongst the big retailers. The same strategy is followed by Gap and H&M. In contrast, Zara has developed a successful diverse method of doing business in the fashion industry by working through the whole value chain. Zara manufactures 60% of its own products and is able to be flexible in the variety, amount, and frequency of the new styles they produce. In fact the whole line of most fashion sensitive products is produced internally (comprising around 50% of the total manufacturing) and in small batches for the most time-sensitive ones. 2. Distribution System: Zara has one centralized...
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...The UNIQLO Business Fashionable and high-quality clothes that anyone can wear anywhere, any time—that’s what UNIQLO is all about. Our global operating systems weave together all processes from product design to final sales, including global R&D, procurement of world-class quality materials, production focused in China, and the operation of 750 stores around the globe. This seamless system allows UNIQLO to consistently offer its customers high-quality products at reasonable prices. b FAST RETAILING CO., LTD. b UNIQLO(U.K.)LTD. b FAST RETAILING (JIANGSU) APPAREL CO., LTD. b UNIQLO USA, Inc. b FRL Korea Co., Ltd. b UNIQLO HONG KONG, LIMITED b G.U. CO., LTD. b CABIN CO., LTD. (Listed on First Section of the TSE) b Créations Nelson S.A.S. b COMPTOIR DES COTONNIERS JAPAN CO., LTD. b PETIT VEHICULE S.A. b ONEZONE CORPORATION b ASPESI Japan Co., Ltd. b LINK THEORY HOLDINGS CO.,LTD. (Listed on TSE Mothers, Equity-method affiliate) b VIEWCOMPANY CO.,LTD. (Listed on JASDAQ Securities Exchange, Equity-method affiliate) FAST RETAILING ANNUAL REPORT 2006 13 The UNIQLO Business Overview of the UNIQLO Business In Japan’s highly competitive retail market, UNIQLO has positioned large-format stores as its growth driver and is accelerating their opening. Overseas, UNIQLO is carrying on its campaign to become a global brand and opened its first flagship store in New York’s Soho district in 2006. Market Environment In the Japanese economy...
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...All-Star team eight times. He averaged 19 points and 9.2 rebounds during his NBA career. More importantly, his impact expanded the NBA's influence in Asia into lucrative merchandise sales and TV ratings. Yao is China’s first global sports superstar with a personal brand valued at more than $1 billion. Even after his retirement he remains one of the most popular celebrities in China. When U.S. President Barrack Obama addressed a meeting of Chinese-American business leaders he predictably quoted the Confucian sage Mencius but also quoted Yao Ming : “No matter whether you need are new or an old team member, you need time to adjust to one another.” In seven NBA seasons Yao has averaged 19.1 points and 9.3 rebounds (2010)/ In 2007 Yao was named an NBA All-Star for the sixth time. In the 2005-2006 season he was the top All-Star vote getter ahead of Kobe Bryant. He essentially carries his team, which often goes on losing streaks when he is injured. Yao is regarded as one of the hardest working players in the NBA. He begins his morning workouts at 6:00am and shows up an hour and half earlier than other players for games and practice. He does all the drills and watches all the film. After surgery for one of his injuries he was back in the weight room in five days and running within weeks, weeks ahead of his rehabilitation schedule. Yao said he will return to work with his former Chinese team, the...
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...1. Barrier to Entry According to Michael Porter (1980), threat of new entrants are determined by barriers to entry which include economies of scale which include size and scope of operations required to achieve viable cost structure; product differentiation, switching costs and customer loyalty created by quality, reliability and brand image; capital requirements which involve size of cash and financial resources required to establish and run a business; cost disadvantages independent of scale as opposed to advantages held by existing competitors such as location, patents and experience; access to distribution channels which include means to reach customers; government policy such as licensing, subsidies or tax incentives; and expected retaliation from existing competitors which are determined by current rivalry, history of vigorous retaliation and strengths of incumbents. The Hotel Industry on a global basis is characterized by high capital costs and a high proportion of fixed costs to total costs. There are considerable economies of scale in the local Hotel Industry. The growth of the Hotel Industry in most metropolitan cities is limited by the availability of suitable locations. Access to distribution channels can be a problem, but this factor can be mitigated by a connection with an international hotel chain. The industry exhibits high entry barriers restricting new entrants, particularly because of the combined factors of economies of scale...
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...their 5 categories are thoroughly tested by the FDA. Full refunds are offered if customers are unsatisfied. Strong sales even during the global recession through directed buying. They have a fantastic recruiting system of employment of both men and women. Weakness – AVON has a major presence in 1st world countries like the United States where Mistine doesn’t have near the presence. America is usually the gauge in success on the world state. It directs most of its direct sales toward one type of culture. Opportunities – Mistine can expands its business further outwards toward more European markets and the western markets which it has a lot of ground to make up for versus AVON. Threats – Competition coming from Avon, Giffarine, and Amway. 2. How can Better Way stay on top in Thailand while it looks to expand internationally? Better Way can continue to focus on their exports, seeing as they did such an excellent job getting exports to other countries during the economic downturn to cash strapped people around the world. Their advertising slogan of “Mistine is here!” Will continue to work in new markets because it’s a similar idea of what IKEA does in new markets. It portrays a product that you m ay have always wanted but never had the chance to get before until now. 3. What specific marketing initiatives would you recommend over the next five years? Over the next 5 years, I’d suggest tackling new markets in new cultures while trying to broaden the message of their products...
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...Tesco, corporations, society and consumers In this essay we are going to start to look closer at what is important for a business and what is important for society. We are going to look closer at Corporate Social Responsibility (CSR), and find out what it means for a business and society. Some businesses, especially big businesses, shape many aspects of our lives. Some are around us all the time. Some have turnovers larger then a normal person can imagine. Some multi nationals have turnovers larger then some states. That being the case, how de we want them to conduct themselves? How do we want them to behave? To start, we have to answer some questions. What is important when you are a businessman and you manage a business? Do you have some responsibility to the society and the rest of the world? To answer these questions we are going to look at both sides of the spectrum. At one side of the spectrum we have the free market views of people like the economist Milton Friedman. He has argued that a business not should think about the society and the problems that the society meets. The only social responsibility of a business is to make money and get the highest profit as possible – anything else is theft from the shareholders pocket. “There is one and only one social responsibility of business–to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without...
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