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GLORIOSO, ANNA
HARRIS, SONYA
KRISHNA, VARDHINI
SINGH, SAHIBA
WANG, WEIJIA
654-01
Advanced Fashion Merchandising
SY 2015-16 Spring Sem II
Prof. Trisha Philpitt
5 May 2016
MICRO ENVIRONMENT
Brand Name:
Our focus is on apparel and accessories for gym wear functional, but
with a humorous twist
Our identity is athletic, casual, and comfortable; our humor is bold and
tongue-in-cheek. We want to veer away from the well-known, massproduced brand names in sportswear and grab attention to our in-yourface over-confidence and subtle absurdity.
PRODUCTS
Fitness-friendly apparel: T-shirts, tank tops, hoodies, joggers, shorts,
and accessories, such as canvas tote bags, duffel bags, mesh
drawstring sport/laundry bags, caps, elastic headbands, and
wristbands
Our apparel is made of 100% cotton, 50-50% cotton-polyester blends
and 100% polyester spandex material. Our accessories are mostly
made of canvas, water-repellant fabric and stretchy knit fabrics
Our designs are all done in-house by our team of graphic designers
Expansion: we are looking into licensing some of our designs into
related gym gear, such as water bottles or thermoses, travel coffee
mugs, weightlifting gloves, locks, and key chains.
MANUFACTURING
Produced overseas, mainly in India
Corporate office: New York City.
Warehouse: New Jersey
MISSION STATEMENT
Withallthatsweatrunningdownyourcheekswhileyou
poundthemuscle,whosgoingtopumpupyourroutine
totheend?Endorphinsmakeyouhappy!Andsodowe.
Weaimtomakeyourworkoutendurable,amusing,and
supercharged!Letusmotivateyoutorockyourbodyand
firmupthatbooty,withjustahintofpizazz.Dontbeso
seriousaboutyourkettlebells.
TARGET MARKET
DEMOGRAPHICS & PSYCHOGRAPHICS
Men and women within the age bracket of 18-35 years
Students or working professionals with a broad perspective and
open minds
Niche group of people who are:
tired of wearing a gym uniform, have a strong desire to appear fit,
but at the same time, stand out for that fashionable shock
individuals who are highly concerned with and proud of their fitness
routines.
MACRO ENVIRONMENT
RETAILINDUSTRYSECTOR:specialty apparel and accessories
retailer
Retail Sector
Clothing Stores (primary)
Nonstore Retail
Internet & Mail-Order Retail
Sporting Goods Stores
Manufacturing Sector
EXTERNAL
BUSINESS
ENVIRONMENT
Athleisuremarketsizein2014
was$35billion,representing
an8%increasefromthe
previousyearintheUnited
States.Sportsbrasand
leggingsareamongthe
categoriesthatbeattheoverall
industrygrowthrate.(USA
TodayandtheNDPGroup)
COMPETITIVE ANALYSIS
Online Competitors
Lululemon
Fabletics
SweatyBetty
Amazon.com
Zazzle.com
Etsy.com
Spreadshirt.com
Popusugar.com
Chinupapparel.com
COMPETITOR EVALUATION
STRENGTHS
WEAKNESSES
Decentralization marketing
Few retail outlets
POINT OF DIFFERENTIATION
Our USP is the stand out quality of our witty quotes, comical puns,
and one-liners, which make the basic and bland fitness wear more
attractive and appealing
Our unique designs and originality sets us apart from the rest of the
competitor brands, which are known to be produced in bulk
The fact that these designs are overtly conceited or naughty, push
the envelope, and have some shock valuemake them all the more
noticeable and distinctive.
PRICING STRATEGY
DISTRIBUTION
STRATEGY
Why:
Large space and low rent
COMMUNICATIONS &
PROMOTIONS STRATEGY
MANUFACTURING ANALYSIS
SOURCING&ECONOMICCONDITIONSOFCOUNTRY:INDIA
Cost-effective raw materials, labor and good relationships with our suppliers
Supply: Pulse India, a buying agency that is based in Jaipur (Western Part of
India)
The United States and Europe are the two main trading partners of India,
who contribute an estimated 30 percent of Indias total exports. India is
ranked second in the world exports of textiles
FACTORY
Apparel from Shiraz Exports: 2 months delivery from the date of P.O.
The transit time from the factory to our company warehouse will be
based on our ordered quantities will range from 3-4 business days
for smaller quantities and up to 4 weeks for larger quantities, which
will be shipped internationally to our US-based warehouse.
REFERENCES
Athleisure: A Workout Look for Every Occasion. (2015, May 5). Wall Street Journal. Retrieved from http
://www.wsj.com/video/athleisure-a-workout-look-for-every-occasion/D0174829-3288-40F1-9E12-0F420E38AA9A.html], 26 April 2016.
Buch, Clarissa. (2016, January 04). The Ten Best Gyms in Miami. Miami New Times. Retrieved from
[http://www.miaminewtimes.com/arts/the-ten-best-gyms-in-miami-8146671/2], 26 April 2016.
Exporter of Womens Top & Womens Fancy Top by Shiraj Exports, Jaipur. (2016). Indiamart.com. Retrieved from [
http://www.indiamart.com/shirajexports/], 28 April 2016.
Friedlander, Whitney. (2012, May 10). Top 10 Gyms in Los Angeles. LA Weekly. Retrieved from [http://www.laweekly.com/arts/top-10gyms-in-los-angeles-2370668/2], 26 April 2016.
Hoovers Online Database. (n.d.) Hoovers Online. Retrieved [http://ezproxy.limcollege.edu:2091/H/company360/overview.html?
companyId=113340000000000], 27 April 2016.
Mink Rath, P., Bay, S., Petrizzi, R., & Gill, P. (2015). The Why of The Buy (2nd ed.). New York: Bloomsbury Publishing Inc.
Press, A. D. (2014, September 06). Jeans face uncertain future amid yoga wear rage. USA Today. Retrieved from [http
://www.usatoday.com/story/money/business/2014/09/06/jeans-face-an-uncertain-future-amid-yoga-wear-rage/15146265/], 26 April 2016.
Pulse India : Welcomes you.... (2016). Pulseindia-jpr.com. Retrieved from [http://pulseindia-jpr.com/index.html], 28 April 2016.
Schlossberg, M. (2015, December 31). Why one of 2015's biggest clothing trends is here to stay. Business Insider. Retrieved from
http://www.businessinsider.com/why-athleisure-is-here-to-stay-in-2016-2015-12], 26 April 2016.