Like a Sir is a start-up retail establishment that will sell fashionable and design clothing to Y generation. Like a Sir will be located legally in Hong Kong and take its office in Paris or London, which are a popular fashion cities. While our initial goal is to open one boutique, expansion plans include an “atelier” to make people visit and create with us. In turn, we would hope to penetrate a sizable portion of the online fashion retail market and also offline retail market. 1.2 PRODUCTS &
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Need/Opportunity Analysis Professor David J. Rosner Joyce Paul Summer 2015 – GMT 615 PCA Apparel retail, or clothing sales, is a large sector, generating 304,906 million dollars in revenue in 2009, with a compounded annual growth rate of 3.2 percent from 2005 to 2009. Sales of women’s clothing are the most profitable area in this sector - accounting for 53 percent of the total revenue. The retail industry is moderately concentrated and bigger stores have advantages of getting better deals from
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OPPORTUNITIES FOR INVESTMENT IN RETAIL SECTOR IN EMERGING ECONOMIES Ashish Deshpande MMS ashish.deshpande@simsree.net 9769138482 Sufiyan Sarguroh MMS sufiyan.sarguroh@simsree.net 7208850965 Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE), Churchgate Abstract: This paper presents the investment opportunities in the retail sector in the emerging economies through retrospective tracking of their past experiences and opportunities in the future
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process in which a business determines whether projects such as building a new plant or investing in a long-term venture are worth pursuing. From our industry research it can be seen that the main potential challenges Punggol Waterway’s food and retail outlets will face would be competition from other Singapore tourist attractions, competition from upcoming retail and food outlets development in Singapore, tourism industry trends, Inflation, slowing economic growth and decreasing wages. By coming
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SEPTEMBER 2012, ISSN 2319-2836 GROWTH AND CHALLENGES OF RETAIL INDUSTRY IN INDIA: AN ANALYSIS SUNITA SIKRI & Ms. DIPTI WADHWA Assistant Professor M.L.N College Yamuna Nagar-Haryana ABSTRACT The Indian Retail Industry is the fifth largest in the world. Comprising of organized and unorganized sectors, Indian retail industry is one of the fastest growing industries in India, especially over the last few years. Though initially the retail industry in India was mostly unorganized, however with
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I. Executive Summary The United Colors of Benetton: a company of colors and controversies. Offering the world an insight to fashion, as well as, human equality and world issues, Benetton gives us stylish clothing and innovative promotion. While trying to capture an audience favoring Italian character in style and design, the company additionally desires to present the world with contentious campaigns to awaken thoughts and debates. These controversies are jeopardizing Benetton’s position in the
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to be the theme of current fashion industry, their emergence has a deep, profound impact on conventional apparel industries. Under the pressure of the trend, Esprit is one of the victims of traditional fashion brands. This paper focuses on the current problem that Esprit is faced with, presents three possible solutions which are designing new products following fashion shows, establishing smaller-scale operational mode and using quick response strategy, in order to create an agile supply chain
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change or does the internationalization process change the model? Internationalization is when two or more countries are involved. Fast fashion has been considered original and new within the fashion sector. Firms have tried to follow business strategies aimed at reducing lead times and thereby responding rapidly to market trends in order to gain a competitive advantage. Lead time is time between the initiation and completion of production process. Fast fashion has been a means to access international
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higher-end clothing fashions. The store proved to be a success, and Ortega started opening more Zara stores in Spain. During the 1980s, Ortega started changing the design, manufacturing and distribution process to reduce lead times and react to new trends in a quicker way, in what he called "instant fashions" or “fast fashion”. The company based its improvements in the use of information technologies and using groups of designers instead of individuals. In 1988, the company started its international
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about events whose actual outcomes (typically) have not yet been observed. Forecasting is a process of predicting or estimating the future based on past and present data. Economic Forecasting is a process of making forecasts based on analysis of past trends and regularities of the economic processes. Economic forecasts can be carried out at a high level of aggregation – for example for GDP, inflation, unemployment or the fiscal deficit – or at a more disaggregated level, for specific sectors of the economy
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