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Charles And Keith International Marketing Strategy

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1. EXECUTIVE SUMMARY This report aims to develop an international marketing strategy to better evaluate the prospects of Charles and Keith International Private Limited. Charles and Keith is a fashion retail organisation that was founded in Singapore. The brand has over 350 stores worldwide, some of which may be found in Kuala Lumpur, Dubai and Tokyo - to name a few. This report also aims to provide solutions and ideas to target business environments in mainly, Hong Kong. This strategy seeks to generate a substantial increase in profits and sales. The highlights of this strategy are the sales revenue and the targeted gross margin. These are presented later in this plan using tables and charts, for the first 3 years of franchising its business …show more content…

The brothers believed that only through this revamp, could they have a distinct competitive advantage over its competitors. One of the key success factors during the brothers’ reinvention was coming to a decision to start designing their own shoes. With proper segregation of duties and a redefined scope of responsibilities, Keith was made in charge of designing the shoes while Charles managed sales (Ramlan, 2010). Aiming to increase their cost efficiency, the siblings imported materials from China instead of importing from expensive Singaporean wholesalers. This cost-efficiency initiative paid dividends and with the stretching of their dollar, Charles & Keith established itself with 12 outlets in major shopping centres and suburban malls in Singapore (Boon, 2013). Recognizing the potential of the increasing connected global markets, Charles & Keith began expanding its business overseas in 2000 and till date, has seen its business thrive both locally and in many of the overseas market where it enjoys a market presence. 3.3.2 Vision, Mission & Objectives Always believing in being the best and having been set up with a commitment towards quality, the brand introduced the following challenging but inspiring visions and

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