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The impact of new technology
Assignment on sustainability
The impact of new technology
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Singapore has the limited place to build the manufacturing factory which is a threat for Singapore to raise the market place. The inventory of clothes that they produced is not much as fast fashion brand such as H&M and Forever 21 so the cost of labour cost will more expensive. Besides, rising labour cost is the reason why Singapore retailers has only do seasonal discount.
Recently Singapore is giving a positive influence for citizens such as eco-friendly, encourage citizens to use recycle bag instead plastic bag as well. Fair Price claims that the majority of customer chose, 62 per cent have tried Bring Your Own Bag (BYOB) over 36 percent reported doing it regularly and 13 per cent said that it is common for them.(CHLORIN CHEW PEI WAH, 2013)
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It launched the very first collection in London. Since 2007 till now, COS has expanded over 100 stores in worldwide. COS has the first launch in Singapore Orchard at November 2013. Till now in 2016, COS has 3 boutique stores in Singapore Ion Orchard, Raffles City and Jurong Westgate as well.
The concept of COS is producing high-quality well designed pieces and create a timeless and modern look. Karin Gustafsson- the designer of COS explained that the conceptual inspiration of COS collections are mostly comes from architecture. COS collection is defined as timeless, everyday needed clothes which is more unlikely a fashion follower, yet a lifestyle clothing brand. COS designers work hard in every details of the collection. Besides, they also merge the new techniques with traditional methods to innovate the fabric to make sure the quality has the same value of the pricing. COS offers the good quality product with reasonable pricing but more expensive than the fast fashion brand. COS considered mid-market price range which the price range is starting from $80 to $450 as well. In addition, COS provides women and men clothing, shoes and
The article Plastic bags are Good for you, by Katherine Mangu-Ward was written to explore the pro’s and con’s of three different types of bags. Which is better between plastic, paper, or reusable bags has always been a debatable question with an opinionated answer. In the article Mangu-Ward characterizes the cause and effect relationships which have lead to the unpopularity of plastic bags in terms of guilt.
If you’re planning on taking on a much tougher cog than you can handle, make sure to bring back up. Depending on how tough the cog is, it’s always a good idea to bring one or two willing friends along to ensure a successful battle.
“OUR SERVICE AND DISPLAY AT THE SHOPS AS WELL AS THE CLOTHES THEMSELVES SHOW OUR ATTITUDE AND COMETIMES REFLECT OUT CURRENT BUSINESS POLICY. OPENING THE SHOP DOORS WIDE FOR ALL SORTS OF PEOPLE TO BUY THE CLOTHES IS ONE WAY OF DOING BUSINESS BUT I WANT THE SHOPS TO BE COMFORTABLE FOR THOSE WHO LIKE COMME des GARÇONS. THE SHOP SPACE, ALONG WITH THE CLOTHES, SHOULD PRESENT SOMETHING. HAVING SHOPS ON THE BACK STREETS OF OFF THE AREAS FOR FASHION BOUTIQUES IS ONE THING, FOR EXAMPLE. RECENTLY, I DON’T THINK THAT GOOD SERVICE MEANS OFFERING A WIDE RANGE OF PRODUCTS.”
Haute Couture is the French term for high fashion, and it relates to the dressmaking, sewing, or needlework of a garment. In 1886, Charles Frédéric Worth founded an association of couture houses dedicated to regulate and protect the work of Parisian couturiers, and it later evolved to La Chambre Syndicale de la Couture Parisienne. (Mackenzie 47). The term Haute Couture is protected by law in which one must adhere to specific criteria’s stated by the Syndical Chamber for Haute Couture in order to be categorized under its name. The criterion to be categorized as Haute Couture is a minimum of fifteen people employed at the house, producing one-of-a-kind garments of the highest craftsmanship and quality, as well as it has to be presented to the press in Paris each season.
The decision has been made for Correia to disclose his criminal past to potential customers and investors, as well as settle any pending issues using the “compensatory justice” model (Pfeiffer & Forsberg, 2014, p. Inside front cover -161). This proposal will be presented at the next board meeting to the directors for approval using a two pronged strategy of statistical analysis and managerial assessments that will show the potential risks and benefits for the company of Correia disclosing his criminal past publicly. Ultimately, this decision is based on preserving the principles and rights inherent within the virtual business community’s “network of ethical value” (Pfeiffer & Forsberg, 2014, p. Inside front cover -161). The following two
Singapore acts as a role of an entrepôt for Southeast Asia due to their strategic location, port infrastructure and highly skilled workforce. Singapore also purchases raw materials from other country and then refine the product into a better product to re-export. The reason for Singapore to do this is because of the lack of human and natural resources.
Hennes & Mauritz (H&M) is a Swedish clothing retail company. The company was founded by Erling Pesson in 1947. The first H&M store was opened in Vaesteras, Sweden in 1947. The mission of H&M is to offer fashion and quality at the best price where “quality includes ensuring that products are manufactured in a way that is environmentally and socially sustainable” (H&M, vision & policy, n.d., para. 1). This essay is to highlight the current market analysis, pricing strategy, retail strategy, and competitive advantage analysis of the company.
Using plastic bags are second nature to people in this day and age. Warner acknowledges, “Much to the dismay of the environmentally conscious citizens worldwide, the ubiquity of the free plastic carryout bag has bred nonchalant consumers who take this modern convenience for granted” (646). Although some people are conscious about the environment, people strive more for convenience and do not think about the impacts using bags have not only on the environment, but on themselves as well. If something is bad for the environment, it will alternatively be bad for humans as well. When plastic bags are exposed to the sun from being littered all around, the ultraviolet rays cause the substances of plastic bags to weaken. After the substances weaken, the substances become invisible to the naked eye. The substances that are no longer able to be seen are toxic to humans (Warner 649). As a result of plastic bags being littered around, animals consume plastic bags. This is negatively affects humans because animals are often consumed. When humans consume animals like, fish, there can be plastic in the fish’s belly, which then transfers to the humans and this poses a concern for human’s health. Humans are negatively affected by plastic bags because of the toxic chemicals in plastic bags, as well as, consuming animals with plastic in their
From selling purely ladies’ footwear, Charles and Keith expanded their range of products to include ladies’ bags and accessories in order to cater different demands of the customers. Charles and Keith owns a team of designers that come out with new products regularly and the company has their own R&D team frequently travels to fashion cities to get in touch with the latest design and trend (Singapore Press Holdings, 2009).
Although there will not be the ‘exclusivity’ appeal as many copies of an item of clothing is made, the price reduction will attract customers making them strong competitors in the market. Based on the primary resource found, the surveys depicted that majority (7 out of 13 volunteers) found Mr Price to have low prices and high quality items. When asked about Mr Prices strengths 8 out of 13 (61.5%) indicated that affordable clothing was a strength and is the reason they shop there. 3 out of 13 (23.1%) said they were easily
According to global industry analyst, the world sports clothing industry is anticipated to exceed $126 billion by 2015, Because of more active lifestyle, with older demographics and woman becoming more energetic, this drives the market. The entire sports clothing industry is highly filled with so many brands like Nike, Adidas, Umbro and Reebook all over the world competing, even the high leading brands have to work twice has hard in other to keep their share in the market because most of this small firm have quality products and also a very fine marketing style which has increased competing style in the industry. All over the world people demand more versatile wear, which indicates that’s retailers continue to produce new style of sports clothing for both men and women.
In addition, after the 2011 Singapore general election, the government of Singapore has greatly changed its economic approach and it seems to be better for the economy of Singapore so far. On the other hand, measures have also been taken to cool down the property market which has constantly affected inflation rates, also tightened the foreign labour policies that constantly influence the labour market and unfold its impacts onto the Singapore’s economy as it comes back in one round. The unemployment rate in Singapore has been maintaining itself as being one of the lowest numbers in the world. The majority of Singapore’s labour force is well educated and highly skilled. Even primary education is a must for all citizens (Economywatch.com, 2010). In addition, for the year 2010, Singapore had the 8th largest current account balance in the world at US$49.454 billion. To conclude, Singapore has come so far from its sunken economy since independence in 1965 to become a booming and prosperous economy that it is
Everyone has heard a cashier one time or another mumble, “Paper or plastic?” as he put their groceries in a bag, but do shoppers know the effects of each vessel in which they carry their comestibles? There are many issues and benefits to both paper and plastic. The making and recycling of both paper and plastic bags can harm the environment. One must also look at the costs of making each bag. The convenience of each is also something to look at. Many people jump to conclusion that paper bags are better for the environment without knowing the facts. Since plastic bags are preferred by customers and plastic bags actually do not hurt the environment as much as paper ones do, consumers should feel at ease when choosing plastic.
...s with famous models . Besides, Louis Vuitton pushes its items with Chinese stars Zhang Ziyi to draws in Chinese market.
Recycling is such a fantastic way for us to reuse the waste we once throw. Yet, not everything is easy to be done in this world. There many difficulties that face recycling process economically and socially. Usually In order to recycle, waste paper needs to be sorted and treated from any Impurities. Which means that companies will loss finance because there must be someone or something that could sort or treat these papers. Another problem is that to start recycling, companies needs a lot of good recyclable supply to pick it up; after all, they need good economic benefits (Problems with Recycling, 2014). According to the Waste and Resources Action Program, there are some barriers p...