country
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

International Management: Chinese Fashion Industry

tag 0 Download3 Pages / 596 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

Discuss about the International Management for Chinese Fashion Industry.

 

Answer:

An Overview of the Company

Knit it limited was started in the 2016 and registered as a limited liability company by a group of three students on their final year of study at La Trobe University. The company is focusing on production, distribution and selling of trendy T-shirts ideal for 15-25 year olds market. The company has four special features that make its T-shirts gain strong traction in the market and these are; fair pricing, quality cotton material used to produce T-shirts, trendy slogans printed on T-shirts and efforts to mitigate environmental effects of carbon released during the production process. We make it a point of letting our clientele know how we’ve been able to conserve environment by neutralizing carbon emission to the environment by tagging our T-shirts with amount of carbon released and how this has been mitigated. This has been our business strategy to win the hearts of our customers. We also know that this market sector likes to have fun, and for this, we have tapped the energy with trendy slogans such as ‘YOLO’ which means you only leave once, and ‘Shake it off’ which is popular with our female clientele. We are thinking of adding another slogan which goes; ‘Shake what your mama gave you’ to appeal more to this market segment. Our major customers are college and University students who purchase the trendy T-shirts for casual wear. Knit it limited has expansion plans in short, medium and long terms in order to increase its revenue bottom line.

 

International Expansion Justification

 Owing to the success Knit it limited has achieved with its branded T-shirts in the local market, where demand has exceeded supply tenfold, the company has robust plans to close this gap within short term and expand to international market within medium term period, should it get sufficient funding to execute this program. The company has chosen to outsource production to Bangladesh in order have competitive cost of production and in turn competitive market rates internationally. Knit it limited chose to outsource production to Bangladesh because of the cheap germen/textile industry labor in the country. In comparison with China which as minimum wage of about 100-200 USD per month and 48 working hours per week, Bangladesh has an average of 38USD per month and 48 working hours per week. This is one the lowest cost of textile labor in the world. This low cost of labor will in turn result to low cost of production and consequently affordable market rates for our T-shirts in international market. (Islam et al., 2011)

We plan to expand to USA apparel market which is currently the largest apparel market in the world with annual sales of 225 billion USD in the year 2015. With this market and our affordable market rates, Knit it limited strongly predicts that our international sales will be one of the strong sources of revenue within 2 years of launch. In it projected that this industry is likely to grow to about 280 billion USD by the year 2019. (Islam et al., 2011)

 

References

Black, S. (2013). The sustainable fashion handbook. New York: Thames & Hudson.

Islam, M., Mahmud, K., Faruk, O. and Billah, M. (2011). Textile Dyeing Industries in Bangladesh for Sustainable Development. International Journal of Environmental Science and Development, pp.428-436.

Zhao, J. (2013). The Chinese fashion industry. Oxford: Berg.

Zhou, H. (2009). A Study on the Fit of Clothes - Focusing on Jackets of Target in USA -. Journal of Korea Design Knowledge, null(10), pp.112-121.

Download Sample

Get 100% money back after download, simply upload your unique content* of similar no. of pages or more. We verify your content and once successfully verified 100% value credited to your wallet within 7 days.

Upload Unique Document

Document Under Evaluation

Get Credits into Your Wallet

*The content must not be available online or in our existing Database to qualify as unique.

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2018). International Management: Chinese Fashion Industry. Retrieved from https://myassignmenthelp.com/free-samples/international-management-chinese-fashion-industry.

"International Management: Chinese Fashion Industry." My Assignment Help, 2018, https://myassignmenthelp.com/free-samples/international-management-chinese-fashion-industry.

My Assignment Help (2018) International Management: Chinese Fashion Industry [Online]. Available from: https://myassignmenthelp.com/free-samples/international-management-chinese-fashion-industry
[Accessed 02 July 2020].

My Assignment Help. 'International Management: Chinese Fashion Industry' (My Assignment Help, 2018) <https://myassignmenthelp.com/free-samples/international-management-chinese-fashion-industry> accessed 02 July 2020.

My Assignment Help. International Management: Chinese Fashion Industry [Internet]. My Assignment Help. 2018 [cited 02 July 2020]. Available from: https://myassignmenthelp.com/free-samples/international-management-chinese-fashion-industry.


MyAssignmenthelp.com has assembled a team of extraordinarily talented and knowledgeable PhD qualified online dissertation experts to provide students required dissertation writing help in Canberra, Adelaide, Perth, Melbourne, Sydney and other parts of Australia. Students can buy dissertation online from us with three simple steps. Auditing dissertation help, history dissertation help, geography dissertation help, maths dissertation help are few popular services under our dissertation writing assistance.

Latest Management Samples

BS7114 International Business Strategy With Simulation For Hospitality Industry

Download : 0 | Pages : 14
  • Course Code: BS7114
  • University: Kingston University London
  • Country: United Kingdom

Answer: Introduction Despite the fact that many business niches are made up of only a few of different enterprises, the hospitality industry fits nearly in most companies that deal with the satisfaction of customers and is centered on ensuring that leisure needs are met rather than the basic needs. With the vastness of the hospitality industry, it is critical to understand some defining factors. The hospitality industry is one of the major co...

Read More arrow

MIS171 Business Analysis For The Analysis Of The Store Data

Download : 0 | Page : 1

Answer: To: Grace Wong From: Stephen Hennigsson Subject: Analysis of the Store data.    Dear Grace, I have made a complete analysis of the dataset on the basis of your problems. Solution are given below: Average gross profit is 0.9334 $m which can vary within a range of 0.055. The distribution is skewed towards low profits that means most of the stores have low profits. 50  % stores have profits more than the range of 0.883 a...

Read More arrow

SBLC4005 Casestudy On Management For Statement Of Intention And Objectives

Download : 0 | Pages : 13
  • Course Code: SBLC4005
  • University: University Of Wales Trinity Saint David
  • Country: United Kingdom

Answer: The main objective of this report is to analyse Casual Togs which is a production firm, 20 years old and has specialization in garment production. The company produces garments for women which are moderately priced. The industry has its headquarters in a city in the Midwest. Out of all the products created by the company, it sells a majority of it to large and middle sized wholesalers while the remaining is sold to retailers around the...

Read More arrow

ENGL 1213 Gun Control For Murders And Mass Shooting And Gun Related Crimes

Download : 0 | Pages : 5

Answer: Introduction Handgun ownership: Threat or right? Some people have found handgun ownership a problem and a threat to human safety especially when put in the wrong hands. Proponents have simply argued that ownership is necessary especially when one is faced by spontaneous threat and must protect his or her life. Gun control, in general, is important as it regulates the level of violent acts, especially against unarmed people.  Whi...

Read More arrow

5MK510 Digital And Social Media For Employment Of The Analytical Tool

Download : 0 | Pages : 17
  • Course Code: 5MK510
  • University: University Of Derby
  • Country: United Kingdom

Answer: Introduction The assignment constitutes of a report providing an in a detailed analysis of the Digital Marketing Audit of the chosen organisation that is McDonald's a food retail chain operating in the UK and worldwide. The report includes the internal and external audit of the organisation through the employment of the analytical tool including SWOT analysis, evaluation of the competitors, and identification of the key customer&rsquo...

Read More arrow
Next
watch

Save Time & improve Grade

Just share Requriment and get customize Solution.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

1,354,168

Orders

4.9/5

Overall Rating

5,080

Experts

Our Amazing Features

delivery

On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.

work

Plagiarism Free Work

Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.

time

24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.

subject

Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.

price

Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

755 Order Completed

95% Response Time

Douglas Cowley

Masters in Finance with Specialization in Audit

Wellington, New Zealand

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

1758 Order Completed

99% Response Time

William Martinez

MS in Biology

Washington, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

154 Order Completed

97% Response Time

Harold Alderete

PhD in Economics

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 4/5

248 Order Completed

100% Response Time

Lloyd Bernabe

MSc in Accounting

London, United Kingdom

Hire Me

FREE Tools

plagiarism

Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.

essay

Essay Typer

Get different kinds of essays typed in minutes with clicks.

edit

GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.

referencing

Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.

calculator

Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability

1

1

1

Your Approx Earning

Live Review

Our Mission Client Satisfaction

Work clearly captured the differences and benefits of various forecasting methods. I made the right decision for help!

flag

User Id: 383727 - 02 Jul 2020

Australia

student rating student rating student rating student rating student rating

at first i got the assignment in different company's name which was supposed to be Bearena pty ltd...i told them about this one and today i have received the same assignment, they have just change the company's name..rest is same...not a even single ...

flag

User Id: 410147 - 02 Jul 2020

Australia

student rating student rating student rating student rating student rating

Great work, I appreciate such an excellent work. Great APA format and references. I will recommend you to my friends.

flag

User Id: 400631 - 02 Jul 2020

Australia

student rating student rating student rating student rating student rating

Was on time .save by the bell.thank you so much.all exams was done. You guys are the best

flag

User Id: 260883 - 02 Jul 2020

Australia

student rating student rating student rating student rating student rating
callback request mobile
Have any Query?