Analysis of Business Strategies of the Casual Apparel Business: A Focus Group Study of UNIQLO
200720776 200720777 200720800 AL-Siyabi, Abdullah Ali Solo Herimanitra, Andrianoelinirina Montalvan, Ayack
(Master's Program in Business Administration and Public Policy)
Advisor Professor MATSUDA, Noriyuki
Submitted to the Graduate School of Systems and Information Engineering in Partial Fulfillment of the Requirements for the Degree of Master of Business Administration The University of Tsukuba
January 21st 2008
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Abstract
Our research analyzed the current business strategies of UNIQLO, as part of Fast Retailing Group Co., LTD with the main focus on Pricing Strategy, Human Resource (HR) Strategy, and R&D
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In Chapter 4, the history of UNIQLO was first reviewed with particular interest in its innovativeness and partnership with material providers. Then, the data obtained from the Focus Group interview on HEAT-TECH and the products that use it were subjected to Graph/Network analysis. From this Network analysis, for Heat-tech products three specific
areas were studied: Physical attributes, Functional attributes, and Non-physical attributes. These findings can provide the company with valuable information for developing innovative and suitable products for its consumers. In chapter 5, we provided a general conclusion summarizing the main findings for each of the chapters mentioned above.
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Analysis of Business Strategies of the Casual Apparel Business: A Focus Group Study of UNIQLO
Table of contents: Abstract ....................................................................................................................................... i Tables and Figures...................................................................................................................... v Chapter 1 Introduction............................................................................................................... vi Preface
First research objective was to determine whether it is profitable for J.Crew to shift their brand focus to a ‘sustainablity’ business model instead of resuming their position in the fast fashion industry.
This report has been created with the intent to analyze the athletic apparel industry with a specific focus on Lululemon Athletica, Inc., further refered to as Lululemon. In this report you will find that the strengths and weaknesses of Lululemon’s current strategies and future goals are analyzed and compared to that of its closest competitors. In conclusion to the analysis, recommendations have been made to potentially guide Lululemon Athletica, Inc. in a positive direction in regards to its future endeavors. The following
The industry we have chosen is the department store-retail industry. Within this industry, we have chosen the department stores of JCPenney and Macy’s. We find this industry, as well as these two companies, interesting from a strategic perspective. JCPenney has recently undergone a massive strategic restructuring in regards to its pricing, brand offerings, and store layout, pushing it away from the typical department store strategy of discounts and coupons. Its new strategy has become much closer to Wal-Mart’s strategy of every day low prices. Macy’s, on the other hand, has restructured with a push from the economic
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5. Business strategy Issue: Expand business product line (apparel product) → Company’s operation is effected
Under Armour’s business strategy towards market segmentation is broken down into three different basis; Age, Gender, Uses. The first major market segmentation is by age, different age groups demand different products and Under Armour has produced certain merchandise to appeal to each generation. The second is Gender, both male and female respectively make up roughly 50% of the market equally.To appeal to females UA produces apparel in brighter colo, as a fashion forward athletic wear. While for males they they cater toward masculine vibe of tight fitting and resistant to wear and tear. Lastly, UA segments by the range of uses for their products.
Uniqlo is a retail industry which sells high quality casual wear at cheap and affordable prices under the company name of FAST RETAILING CO., LTD. It dominated the world with its presence and as of 2015 it has opened over 1’400 stores in 16 markets worldwide including big economy countries like China and The United States. Other than its flagship stores, they have delved into E-Commerce websites bringing in more profits. Due to the number of stores opened and popularity it has gained it has a big group of workforce of over 30,000 employees. (uniqlo.com, 2015)
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to be the same as the division’s existing business. However, to enter the clothing industry could be a
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2. Richard M. Johns (2006). The Apparel Industry. 2nd ed. UK, London: Blackwell Publishing Ltd.. 1-124.
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This paper provides an insight into the business profile of Forever21 Company. An analysis of the company’s objectives includes competitive strategies, external and business environment, the strengths and weaknesses of Forever21 as a major clothing company. This study evaluates the strategies employed, the alternative possible strategies or market play and the best selected strategic move that Forever21 may bank on to expand its capacity and exploit the opportunities in aggressive and temporal markets. This analysis factors in marketing methods, strategies, competitive advantages, disadvantages and methods of how Forever21 can capitalize on these factors and move forward toward greater paradigms of success. Forever21 are a middle level multi-billion clothing company that provides products affordable to young ladies in their teens across the world. This company has multiple retail stores and keeps opening new outlets in various countries; various market segments while other non-performing outlets close shop. Forever21 has its major market niche in ladies wear for young ladies who have relatively small incomes, which makes their disposable incomes on the lower side. Forever21’s business opportunity is to fill this gap and it has. Through comparatives strategies, Forever21 has managed to source some of the cheapest labor in the clothing market by outsourcing production to Asian markets. This gave them the advantage of