Le Thuy, L. and Oe, H., 2020. An Exploratory Discussion of a British Apparel Brand in Relation to New Markets: Developing Actionable Recommendations Based on Network, Relationship, and Collaboration Perspectives. Budapest International Research and Critics Institute (BIRCI-Journal) : Humanities and Social Sciences, 3 (3), 1660 - 1675.
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Abstract
Marks and Spencer (M&S) is a leading UK fashion retailer. However, the organisation is struggling to improve its domestic operation and to achieve its international objectives, most notably manifest through its withdrawal from China. Through conducting a critical analysis and an evaluation of the supply networks of M&S, the global apparel industry and the Chinese market, this discussion paper aims to propose a new set of strategies for M&S’s re-entry. Based on an analytical discussion, the following actionable recommendations are proposed for the company: (1) to seek suitable network partners in China, (2) to build sustainable relationships with relevant partners to build business strategies based on Chinese consumers’ perspectives and behaviour, and (3) to focus on a new value chain to enhance profitability and sustainability in the new market.
Item Type: | Article |
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ISSN: | 2615-1715 |
Uncontrolled Keywords: | British apparel ; entry strategies ; apparel market ; global network perspectives |
Group: | Bournemouth University Business School |
ID Code: | 34355 |
Deposited By: | Symplectic RT2 |
Deposited On: | 31 Jul 2020 08:29 |
Last Modified: | 14 Mar 2022 14:23 |
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