...seconds 3) 4P for 8seconds 5. Reference Why this project important There are some SPA brands in Korea which from foreign countries and intensive competition. They are growing up rapidly. The new SPA brand “8 Seconds”, (from Korea, Cheil industries) is in the introduction level, so it needs special strategies to be grown up successfully in Korea. Our team is going to analyze the fashion industry and suggest strategic ideas for “8 seconds”. Before taking up the main subject Before we analysis how to success SPA brand and when SPA industry appeared in a market, also what we should suggest to 8seconds.We visited and asked several questions about SPA industry and 8seconds to experts working in Etrade Securities, 8seconds and Seoul Design occupational training college. After visiting and meeting the experts, we learnt more than we knew and expected. We figured out what is the main strategies and weakness in the field and how to make suggestion report for 8seconds. From that interview, of course, our report is written based on the result of interview and some thesis about SPA brand...
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...Consumer Reviews for the ‘Tory Burch Reva Ballet Flat’ ◦ Summary Analysis. To get a better understanding of how consumers view the Tory Burch Reva Flat, I went to Amazon.com marketplace and type in the Tory Burch Reva Ballet flat. I choose to look at Amazon reviews because I find them to be honest and you can generally tell when there is a paid review listed. So I gathered four of the most recent reviews and they display an array of opinions. In looking at the reviews, the three disadvantages listed are the size of the shoe, people are suggesting to get the shoe a half size or a full size up so that they will fit more comfortable as their were issues with the width of the shoe and the heel rubbing on the shoe as well as the toe box being too tight due to the logo ornanment on the toe. Another disadvantage of the shoe was the comfort of the shoe, once people purchased a comfortable style their were complaints about not being able to wear them all day long becauase of the flatness and lack of support of the shoe. Lastly the availablitly of various styles, people want a certain style of this shoe, weather it’s the simple classic black ballet flat or, the matta logo, or a certain color, people search for the certain style/color combination that they perfer in this shoe. The common advantages found amongst the consumers in these reviews are, the style, regardless of any discomfort or price, people are willing to wear and purchase this shoe at varioius price...
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...the company acquired different brands such as Vogue, Persol. Also in 1999 it started to make acquisition of world’s well-known brand Ray-Ban. Due to extensive marketing campaign Luxottica encouraged the Ray-Ban company to enhance sales and grow brand recognition. Later, the company acquired several companies such as Oakley, Arnett, Alain Mikli eyewear brand. Luxottica Group distributes the goods to more than 130 countries in the world. Moreover, company makes sunglasses and frames for variety and well-known brands such as Prada, Chanel, Burberry, Stella McCartney, Versace, Miu Miu, Versace, Dolce & Gabbana, Oliver, Donna Karan, Vogue eyewear and Tory Burch etc. All glasses are designed by Luxottica Group (Luxottica, 2014). Due to high quality and technologically developed equipment and innovative approach of glasses design Luxottica group has expended considerably over years. In other words, the company has more than five factories in Italy, three in China, one...
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...Coach SWOT Analysis Tiffany Smith Columbia Southern University Coach, Inc. is a company that produces and sells luxury accessories for men and women. Coach markets itself as the leading American luxury leather goods company. It specializes in the design and marketing of handbags and accessories worldwide. Its product include handbags, womens and mens accessories, such as money pieces, wristlets, cosmetic cases, key fobs, belts, electronic accessories, wallets, as well as, other leather accessories It is a publicly traded company that began in 1941 as a family owned business. Today, Coach is available in five continents in over 1,000 directly operated stores. Products are also sold at department stores and outlet stores (Coach, 2015). Strengths Coach, Inc. brands itself as the leading luxury leather goods company in the United States. The company began in 1941, so it has over 70 years of designs to use or recreate. Due to the long history, Coach has developed a reputation among for quality products and become one of the most recognized brands in the accessory world. Throughout its history, the company has insisted on quality and value, therefore retaining loyal customers who buy its products. (Coach, 2015). Coach products are available in locations globally including: Directly-owned and operated Coach Retail and Outlet Stores in North America, Asia, and Europe, through Coach website, along with informational websites for over 20 other countries, and Coach stores located...
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...8/10/2015 What's Next for Alexander Wang’s Democratic Empire? | Intelligence, #BoF500 | BoF INTELLIGENCE ș ģňǻẄ řěđňǻxěŀǺ řǿf ťxěŇ ș ťǻħẄ ěřį mĚ čįťǻřčǿměĐ Ǿvěř țħě ŀǻșț țěň ỳěǻřș, Ǻŀěxǻňđěř Ẅǻňģ ħǻș bųįŀț ǻ fǻșħįǿň ěmpįřě ẅįțħ ǻ břǻňđ ǻřčħįțěčțųřě țħǻț đěfįěș țħě čǿňvěňțįǿňș ǿf țřǻđįțįǿňǻŀ ŀųxųřỳ șțřǻțěģỳ. Ẅįțħ Bǻŀěňčįǻģǻ běħįňđ ħįm, ẅħǻț'ș ħįș pŀǻň fǿř țħě ňěxț đěčǻđě ǿf ħįș ǿẅň ŀǻběŀ? ŇĚẄ ỲǾŘĶ, Ųňįțěđ Șțǻțěș — Ǻ bųżżỳ ňěẅ đěșįģňěř bųșįňěșș čǻň ǿfțěň ǻțțřǻčț ǻ fǻňbǻșě ǿf ỳǿųňģ fǻșħįǿň đěvǿțěěș, ẅħǿ čřěǻțě ǻ fųșș ǿň șǿčįǻŀ měđįǻ, șňǻp ųp țħě břǻňđ’ș ěňțřỳ-ŀěvěŀ přǿđųčțș — ǻ $300 șķįřț, șǻỳ — ǿř șǻvě ųp fǿř șǿměțħįňģ mǿřě șųbșțǻňțįǻŀ. Bųț đěșįģňěřș ģřǿẅ ųp. Țħěįř șųppŀỳ čħǻįňș ģěț șŀįčķěř; țħěįř mǻțěřįǻŀș běčǿmě mǿřě čǿmpŀěx; ǻňđ, șǿměțįměș, țħěỳ fįňđ įňvěșțměňț. Běfǿřě ỳǿų ķňǿẅ įț, țħǻț bųżżỳ ňěẅ bųșįňěșș įș fǻșț běčǿmįňģ ǻ “ģŀǿbǻŀ ŀųxųřỳ břǻňđ” ǻňđ, șǿměẅħěřě ǻŀǿňģ țħě ẅǻỳ, įț běčǿměș ųňǻffǿřđǻbŀě fǿř įțș ǿřįģįňǻŀ čųșțǿměřș. Ňǿț Ǻŀěxǻňđěř Ẅǻňģ. Ħįģħ fǻșħįǿň, ŀǿẅ fǻșħįǿň; ŀųxųřỳ, mǻșș mǻřķěț — Ẅǻňģ đǿěș įț ǻŀŀ. Ǻ Ẅǻňģ fǻň čǻň bųỳ ǻ ŀěǻțħěř bǻțħřǿbě čǿǻț fǿř $2,995 ǿř ǻ ț-șħįřț fǿř $80. Șħě čǻň bųỳ țħě jěǻňș ǿř țħě șķįřț fǿř ǻřǿųňđ $300. Ǻňđ įf șħě ģǿț țǿ țħě șțǿřě běfǿřě įț șǿŀđ ǿųț, șħě čǿųŀđ ħǻvě șčǿřěđ ǻň Ǻŀěxǻňđěř Ẅǻňģ fǿř Ħ&M șẅěǻțșħįřț fǿř $59.95. Ẅǻňģ’ș įș ǻ đěmǿčřǻțįč fǻșħįǿň ěmpįřě. Ǻňđ, ẅįțħ 26 șțǿřěș ẅǿřŀđẅįđě ǻňđ řěpǿřțěđ řěvěňųěș ǿf ǿvěř $100 mįŀŀįǿň įň 2013, įț’ș ǿňě ǿf țħě bįģģěșț ǿf ǻňỳ ỳǿųňģ đěșįģňěř ẅǿřķįňģ țǿđǻỳ. Șǿ, ħǿẅ đįđ...
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...INTRODUCTION Background in Brief: Coach was first established in 1941, as a small family run leather goods manufacturing business. Over time Coach became recognized as a premium brand that provided superior quality leather goods in classic styles and in the 1980`s it opened exclusive Coach retail stores. Coach was sold to Sara Lee in 1985 and experienced rapid expansion. Coach`s product portfolio was expanded to include, accessories, luggage and briefcases and many more exclusive Coach stores and Boutiques were opened. By the late 1980`s there were 12 exclusive Coach retail stores as well as approximately 50 boutiques selling Coach products within lager department stores. While Coach initially grew it started to lag behind its competitors in terms of trendiness and sales began to decline. In 1996 Krakoff joined Coach and he was instrumental in positioning Coach as an ‘accessible luxury brand`` for it was understood that price was a source of competitive advantage for the brand in the luxury market. In October 2000, Coach went public under the name of Coach Inc. By 2005Coach`s revenues tripled and their share price increased more than 900 % since their IPO in 2000. The Organization Today: Coach is one of the most recognized fine accessories brands in the U.S. and in targeted international markets. Coach is a leading American marketer of fine accessories and gifts for women and men. Their product offerings include women’s and men’s bags, accessories, business cases, footwear...
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...GENERAL FRAME Since Deng Xiaoping's “Open Doors Policy” (改革开放) in 1978, China has been consistently achieving significant economic growth which has been constant at an average of 10% for the past 35 years or so. Today China became the largest exporter, the largest manufacturer and the second largest importer and economy in the world (only right after the USA). With the increase of GDP, the consumption of luxury goods, and therefore the growth of the luxury market, also increased, and increased to the point that China is now among the top nationalities in terms of total sales of luxury goods. In recent years, as a consequence of the increasing of personal wealth, the consumption of luxury goods in Mainland China has been growing, until last year, 2014, when the sales decreased to 15 billion euros (negative growth you -2%) due to three main reasons: the first one the slowing of Chinese economy; the second the tendency of Chinese people to purchase products either abroad or via cross border online platforms since the taxes on the products are lower than in their country; and the last one the government's anti-corruption drive (started two years earlier, in 2012) Regarding this point it is interesting to notice how this particular fact mainly affected the men watches sector, which recorded negative yoy growth rates of -13% (gift giving concept: probably the most popular gift for men). BUT... Nevertheless the small decrease in consumption, the luxury market is still...
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...Individual case study report Luxottica: Internationalisation and Expansion Introduction Luxottica was established as a limited partnership with Del Vecchio as one of the establishing partners in Agordo, Italy in 1961. Luxottica’s recognition started from 1971 with its internationalisation strategy merging global acquisitions of retail chains and robust brand development. The founder of Luxottica Leonardo Del Vecchio took part in the Milan optics, optometry and ophthalmology international exhibition. Thats when Del Vecchio saw the significance of having direct control over distribution and started distributing directly in Europe and US. This was the turning point for the increasing exports, beginning of joint ventures and partnerships through local distributors in Europe and North America. The first subsidiary setup in Germany in the eighties, the first step to international expansion. Then a different growth strategy was developed for distribution. The move to a more direct strategy from an exported strategy was followed both to obtain local wholesale distributors and to directly setup distribution networks where essential. This change was determined by identifying the sharp change in consumer’s perception of glasses. Eyewear products were transformed with the profound promotion using famous celebrities, sports and movie stars. Eyewear products were no longer just medical product to improve eye sight or protect from sunlight. It had become a fashionable trend that was no longer...
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...Strategy and Positioning: Fitbit, Inc. Fitbit, Inc. is a private start-up company specializing in consumer electronics related to the health and fitness industry. The company is headquartered in San Francisco, California and was founded in 2007. The Co-founders and managers are James Park and Eric Friedman. Fitbit, Inc. manufactures and markets products which track people’s fitness activities, routines, nutrition and sleep. The founders believe that Fitbit products will help transform people’s lives with these wearable devices that can help people monitor and be inspired to increase their daily routines. According to Fitbit.com, “Eric and James embarked on a journey to create a wearable product that would change the way we move and bring amazing experiences to fitness and health.” These wearable bracelets are Bluetooth and wireless, making them compatible with most smartphones allowing the user to better track and monitor their daily activities. This tracking capability is enhanced by downloading applications from the app stores. Eric and James stated that these bracelets help people become more serious about their health, reaching their health goals while having fun, smiling and feeling empowered (fitbit.com). These products can be purchased online or through other online retailers in the United States. Depending on individual fitness needs, the Fitbit offers many features which are highly desirable in a fitness tracker, it is more sleek, attractive and more affordable...
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...Ray-Ban Sunglasses Case Study Submitted by: Murtaza Ali 20057 Azika Gulraiz Sadiq 21062 Alina Naqvi 21654 Teacher: Mr. Faisal K. Qureshi EDC – 21 Saturday 18:30 to 21:00 QUESTIONS: 1. Evaluate the Dominant Economic Traits of the Tea Industry in Pakistan. 2. How Ray Ban is Using Music, Architecture and the Human Experience to Sell Sunglasses 3. Create IFAS & EFAS for Tapal Tea. March, 2015 Karachi, Pakistan IQRA UNIVERSITY INTRODUCTION Ray-Ban is a brand of sunglasses and eyeglasses founded in 1937 by American company Bausch & Lomb.[1] The brand is best known for their Wayfarer and Aviator styles of sunglasses. In 1999, Bausch & Lomb sold the brand to the Italian Luxottica Group for a reported $640 million.[2] HISTORY OF Ray-Ban The history of the Ray-Ban Aviator dates back to the 1930s, when new airplanes allowed people to fly higher and farther. Many US Army Air Service pilots were reporting that the glare from the sun was giving them headaches and altitude sickness. In 1929, US Army Air Corps Lieutenant General John MacCready asked Bausch & Lomb, a Rochester, New York-based medical equipment manufacturer, to create aviation sunglasses that would reduce the headaches and nausea experienced by pilots, which are caused by the intense blue and white hues of the sky,[3][4] a new kind of glasses were introduced. The prototype, created in 1936 and known as ‘Anti-Glare’, had plastic frames and green lenses that could cut out the glare without...
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...Estee Lauder CASE STUDY ANALYSIS STRATEGIC MANAGEMENT (MGT 658) Prepared by: ACKNOWLEDGMENT Alhamdulillah, first of all we would like to thank ALLAH S.W.T as finally we were able to finish our assignments that have been given by lecturer to us. This task had been done with all afford by group members even though a little bit problem were happened among us while doing this assignment. Luckily all the problems can be settled down and we were able to adapt properly and wisely. Besides that, big thank we address to our supervisor or our lovely lecturer for MGT 657/MGT 658 Mrs. Shaherah Binti Abdul Malik because without his guide our project cannot be done properly like this. He always give us supports and guide to us how to do our assignment in purpose to produce a good outcome from research that been studied. We already analysis and discussing about the Estee Lauder Company. Last but not least, we would like to dedicate a thousand of thank you to anyone that participates directly or indirectly in our assignment to complete this report. Without their commitment and support, this report would not complete successfully. Content of Case Study Analysis: 1. Case Summary/Background Estée Lauder Company was found by Estée Lauder herself alongside with her husband, Joseph Lauder in the year 1946 which manufactures and markets four cosmetic product lines namely skin care, make up, fragrances and as well as hair care products. These products are sold over 150 countries...
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...Gina Garza Sustainable Fashion Sustainable fashion also known as ‘Green,’ has been successfully promoted in the past years to become the new black. This is a new trend that will hopefully prevail not only for a season but also for years. If people keep supporting it, it could possibly prevail forever. As technology has developed the planet Earth has been deteriorating slowly. This new concept supports and promotes the idea for people to be environmentally conscious. The idea is to care for the place where we humans live. Green is now everywhere. When you go to the market to buy groceries you can find that there is sustainable packaging that will integrate to the planet after its use. Now people take their own cloth bags to carry the products that they purchase so they don’t use plastic bags. This has become a fashion as well. To be more environmental friendly, why not use sustainable clothes? Clothes are one of the major necessities that a human may have. People can look fashionable, in style, and support the planet at the same time. The nonprofit Sustainable Technology Education Project (STEP) defines eco-fashions as clothes “that take into account the environment, the health of consumers and the working conditions of people in the fashion industry” (West). Sustainable fashion is designed to be completely environmental friendly. This whole movement complements a larger trend of "ethical fashion," and according to the May 2007 Vogue appears not to be a short-term trend but...
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...Burch, L. M. (n.d.). Journal of Broadcasting & Electronic Media. Retrieved March 24, 2016, from http://www.tandfonline.com/loi/hbem20#.VvS04RasIlI Introduction- In the critical analysis “Kissing in the Carnage: An Examination of Framing on Twitter During the Vancouver Riots” by Lauren M. Burch, Evan L. Frederick & Ann Pegoraro; it was certain that the biggest hockey game of the National Hockey League season had been occurring, but the riot it has spawned in Vancouver makes it look like something far more politically charged may be the cause. In the introduction of the text it states “On June 15, 2011, more than 150,000 fans assembled on the streets of Vancouver to watch game seven of the Stanley Cup Finals between the Vancouver Canucks and the Boston Bruins. Within minutes of the Canucks loss, a riot began. One aspect that made this event unique was that it was documented on Twitter” this would clearly indicate that there was a relationship between the fans knowledge of the current affair which was the hockey game and the Literary review-RQ- 1. Is there a relationship between social media use and KNOWLEDGE of current affairs? 2. What is the relationship between social media use and knowledge of stand your ground law? 3. What is the relationship between social media use and attitude toward stand your ground law? Methodology- In the text it is stated that Twitter is a fairly new medium within the sport communication scenery; a growing body of literature...
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...economy’s performance. 5 Describe the major global economic challenges of the 21st century. Economic Challenges Facing Contemporary Business Rudyanto Wijaya/iStockphoto Copyright ©2012 John Wiley & Sons, Inc. NASCAR Tries to Restart Its Engine ASCAR is widely known as the most popular spectator sport in the United States. Yet even its most diehard fans are tapping the brakes when it comes to buying tickets to their favorite speedway. Tracks in cities such as Phoenix and Talladega have reported double-digit percent declines in attendance. Just as worrisome is the fact that, instead of watching races at home, fans are changing the channel. Some critics of NASCAR blame a drop in dramatic action and a mandated car chassis design that leaves car models undifferentiated. Others say that the races are just too long and the broadcast commentary is boring. But NASCAR defenders argue that there’s another huge obstacle: the economy. “We knew admissions would be down [this year],” admits Roger VanDerSnick, COO of International Speedway Corp, which operates a dozen tracks around the country. “The biggest impediment is the economy.” NASCAR is largely supported by middle-class fans who are now reluctant to open their wallets. They also want value for their entertainment dollar. If NASCAR doesn’t live up to fans’...
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...Express delivers deals and offers based on your Facebook activity, pages you like and share, as well as the activities of your Facebook friends. See something you love? With just one click, the discount is attached to your account. When you make the related transaction with your Amex card within a specific time period, the discount is credited to your account. It’s “Groupon without the Coupon,” making it easy for users to redeem offers. And there is no cost or risk to users if they choose not to take advantage of the offer. The promotion offers customers a seamless way to earn rewards for using their Amex card. Lessons from American Express’ Link, Like, Love • Design your social media presence with the customer in mind. Create a seamless user experience that drives conversion. • Design your program to exploit features unique to social media such as social networks, viral advocacy, and scalability. • Tailor your approach for the target customer. Customized methods can yield greater engagement and use of goods and services. Our approach – analyzing social media posts to evaluate the program’s effectiveness To get started, our team of social media analysts took a sample of two million posts on Facebook and Twitter over a two-month period....
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