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FOREVER 21
Introduction
FIRSTSTORE LOCATEDAT FOUNDEDIN STORESIZE FOUNDEDBY Fashion21 LosAngeles April21,1984 900squarefeet DoWonChangandhis wifeJinSook LOCATEDAT LosAngeles
Private Apparel DoWonChang Founder&CEO JinSookChang, ChiefMerchandisingOcer LindaChang ChiefMarkeHngOcer EstherChang 2200.00M(2009) 29.40% 26,610(2009) Forever21.com
BASIC PARAMETERS
FOREVER21 PRODUCT ZARA PRODUCT
As of 2007 Zara stores have men's clothing and women's clothing, each of these subdivided in Lower Garment, Upper Garment, Shoes, Cosmetics and Complements, as well as children's clothing (Zara Kids).
FOREVER 21
Apparel
Shoes
Accessories
PLACE
It has about 480 locations, most of them in shopping malls. Forever 21 have its branches in major cities in The United States, Puerto Rico, Canada, Europe, Asia, and the Middle East.
PLACE
Zara exists in 77 countries worldwide with total 1572 stores. It has resisted the industry-wide trend towards transferring fast fashion production to low-cost countries.
PRICE
Low price- Rs.88 High price-Rs.3000
PRICE
Low price- Rs.345 High price- Rs.18990
PROMOTIONS
PROMOTIONS
Online campaigns
Forever21 magazines
Store-front displays
Vouchers
H&M
LADIES
KIDS
MEN'S
PLACE
It has 2300 stores across 41 markets. Germany being the biggest followed by UK and Sweden.
PLACE
It has 1086 stores spread over united states, canade, europe, africa, dubai, hongkong and japan.
PRICE
Low price: Rs.318 High price: Rs.9767
PROMOTION
PROMOTION
H&M
ONLINE AMERICAN COUPON CODES PRINTS EAGLE OUTFITTERS MEMBERSHIP CARD MESSAGES
PROMOTIONS
BRANDS
Plus Heritage1981 Love21 Give to love F21 University Hello kitty
SECTIONS
CUSTOMER ANALYSIS
PRACHI
AGE GENDER INCOME OCCUPATION NATIONALITY RELIGION FAMILY SIZE HOBBIES SPENDING POWER PER DAY 23 Female Rs.30000 (Month) Graphic Designer Indian Jainism 6 Painting Rs.200
3.5
0.5
PERCEPTUAL MAPPING
IGOR-ANSOFF MATRIX
MARKET PENETRATION
More sizes More colors
MARKET DEVELOPMENT
Delhi with mens wear Mumbai Australia
DIVERSIFICATION
Home furnishings Kids wear
L A Y O U T
SWOT ANALYSIS
STRENGTHS 1. Currently using a vast number of social networking. 2. They have the most recent trends for less. 3. Proves to be the one stop shop for fashion. 4. Great graphics and media. 5. Innovative media techniques. WEAKNESSES 1. Only focusing on a certain demographics in a location. 2. Not offering a video blog. 3. Ideas duplication. 4. Can be messy and hard to find what youre looking for since there is so much to choose from.
OPPORTUNITIES
1. 2. 3.
Customers shopping online and using social media sites. Customers choose our brand because of price. Promotion of our brand through great social media experiences.
THREATS
1.