Wednesday, May 15, 2019
International Business research paper written in the JOURNAL STYLE Essay
International note research paper written in the JOURNAL STYLE ARTICLE - Essay Example and so it dominates the market with its very affordable Haute Courte fashions for the girls and women on the trigger off. It sells an average of 30 pairs of knickers a minute, 6,000 pairs of jeans a twenty-four hour period and 35,000 pairs of shoes perpetuallyy hebdomad. Topshop attracts women from their teens to the 40s searching for a weekly fashion idea. (Topshop Website). While basically aiming at the female section, it also fashion lines for men as well as babies.Its co-branding with Kate Moss, the famous amaze earlier this year was a calculated bm to give it a fresh thrust to move into the lucrative American and European markets, and it has since never looked back. It has 309 exclusive stores in the UK and numerous famous retailers across US and Europe offer it space at their outlets for a varied and extensive exposure. Indeed the first weeks gross sales at the UK outlets of the Kate M oss collection exceeded 3 million, were beyond expectations and are going strong ever since. (Fashion United News).Celebrity names do have a positive impact on sales and profit figures and those especially from the world of fashion and entertainment, after sports, are engaged regularly by consumer overlap manufacturers and retailers. (Sarah Modlock). Consumers have favoured products sponsored or endorsed by celebrities and this is particularly true for apparel and accessories as people have a penchant to look good and thereby feel good. Introducing and aligning with Kate Moss by Topshop was a brilliant move and has paid handsomely. It is expected to improve the sagging bottom-line of the company and will be a grand success.Topshop is possess by Arcadia Group, which also owns British Home Stores, Miss Selfridges, Burtons, Dorothy Perkins and others, and the financial results for the group at the end family 2007 are as follows. It had a total sale of 1.8 billion with profits of 29 3.3
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