Classic Knitwear and Guardian: A Perfect Fit? Product-company fit Classic Knitwear, a publicly traded company, is a manufacturer and distributor of unbranded casual knit apparel. Some of their products include T-shirts, sport shirts, sweatshirts, fleeces, and many others. Classic focuses on the non-fashion casual knitwear that has gained the company $550 million in revenues in the year 2005. Classic had concentrated its’ market on this segment of casual knitwear because CEO, Ortiz and CFO, Chong
Classic Knitwear and Guardian: A Perfect Fit Problems Classic Knitwear’s most prominent dilemma is its low gross margin. In comparison to the 30%-40% gross margins of the leading branded product manufacturers, Classic Knitwear’s gross margin of 18% is alarmingly low. The company attributes their low gross margin to its private label and unbranded knitwear having no branded recognition among retail customers. Although Classic Knitwear had recent success in shrinking that gap between themselves
The company known as Classic Knitwear, Inc. operates in a $24.5 billion market of non-fashion casual knitwear. Casual knitwear are T-shirts, sport shirts, sweatshirts, fleeces, and so on. In 2005, the company reported revenues of $550 million. Of this, 75% ($412,500) were to wholesalers and the remaining 25% ($137,500) was sold as private label merchandise. The firm has low production cost due to a state-of-the-art offshore production hub in the Dominican Republic. This manufacturing center, in combination
Classic Knitwear Case 1. Does the product “fit” Classic’s financial and strategy needs, and its capabilities? In terms of the strategy, the new product does strategically align with its current operations. The new product will remain unbranded showing only the Guardian name and, although, Classic has a greater market share in the wholesale sector, concentrating on their retail channels does have a good potential for growth. Successfully breaking into this sector will require a good task
The Importance of Latin in the Curriculum My memories of Latin in high school are less than fond. I remember slouching in my chair, staring blankly at my desk as I tried to remember the form of the word agricola (farmer) in the ablative plural. Much of the class consisted of mundane activities like this. We translated endless Bible passages from Latin, translated what seemed like the entire body of Greek mythological literature, and read hundreds of lines from The Aneid, The Odyssey, and
Is Stown a classic or contemporary piece? S-Town, a classic piece of southern gothic literature, the story of John B. McLemore, a man living in the terrible town of Woodstock, Alabama, who has to deal with violence, social issues and decay everyday. S-Town brings back southern gothic literature in this classic southern story of John B. McLemore and his town. S-Town fits into the southern gothic classic category although it’s a bit different from most stories from this genre. S-Town, a classical piece
Mark Twain, a renowned eighteenth century writer, once said that a classic is something everyone wants to have read yet no one wants read; those words have never been more true today. Most novels that are considered classics, especially during their time of release, seem to have a universal theme of not receiving positive recognition. However, as time went on, people found themselves developing a taste for such heart tugging tales. Classical novels, because of the language in which they were written
with classical literature and with classics as a field of study? How does this affect the play’s potential audience, and why did Stoppard choose to do this? The potential audience of the Invention of Love is limited in the first instance by the fact that it is a play for the stage. By proxy, the audience will be likely to have some knowledge of classical literature, as they will have more of a culture of theatre going. There is more of a tradition of classics amongst those that would have seen
In today's society, women hold a position equal to that of a man. However, this has not always been the case especially in the Ancient Greek society. In the society there were many rules and regulations for all, but in particular the women had it the hardest. Women were seen as insignificant characters in the Ancient Greek society. While the men….women attained the most difficult job of all, bearing children. These women in the society had very little freedom, actually no freedom at all. Can you
Classical Literature “A classic is a book that has never finished saying what it has to say.” - Italo Calvino Why should people read classical literature? Classics are relevant to today’s time because they teach us the value, they help us understand history and culture, you can read and re-read them, and they help us understand how we got our literature today. Classics are also entertaining and will continue to be read throughout generations. We should read classical literature because classical