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CASE: 65
STRATEGIC GROWTH IN THE FASHION
RETAIL INDUSTRY
An asos.com case study
PRESENTERS
Md. Masudur Rahaman
Md. Farhad Ahmed
Md. Rashedul Islam
AGENDA
 Company Background
 History of Asos
 Growth
 Business growth
 Growth strategies include
 Advantages of growth
 Disadvantages of business growth
 Supported Work of business growth
COMPANY BACKGROUND
Name : Asos
Founded : 3 June 2000
Industry : Clothing retail
Type : Public
Key people : Brian McBride (director)(CEO)
The Lord Alli(former Chairman)
No of Employee : 4000+
Headquarter : London, UK
Products : Clothes, shoes, accessories, beauty
Website : www.asos.com
HISTORY OF ASOS
 Asos was established on 3 June 2000, by Nick Robertson and Quentin Griffiths. Despite deprecating its original
meaning (As Seen On Screen), Asos is still written as an uppercase acronym; the exception to the rule is the new logo
designed by Ben Lewin in 2008, where it is stylistically shown all in lower case.
 In 2001, Asos was admitted to the Alternative Investment Market (AIM) on the London Stock Exchange.
 In 2003, Asos shareholders agreed to change the names of AsSeenOnScreen Holdings PLC and AsSeenOnScreen
Limited to Asos PLC and Asos.com Limited.
 In 2005, the Buncefield Fuel Depot explosion closed the business for six weeks and £5m of stock was lost.
 In 2008, Asos debuted kidswear on its site but the branded market subsequently suffered declines at the expense of
fast-growing own-label kidswear offers.
 In 2010 Asos announced it would no longer offer kidswear, to concentrate on its core young fashion market.
 In 2013, Asos opened its first office outside the South East, in Birmingham.
 In 2013, Asos recalled belts contaminated with radioactive cobalt-60.
 In 2013, Asos Russia and China were launched.
 In 2014, a fire in their Barnsley warehouse caused them to stop taking orders for almost three days.
 Asos has over 4,000 employees and is the UK's largest independent online and fashion beauty retailer.
 In 2015, Asos teamed up with breast cancer awareness charity CoppaFeel in order to raise awareness of the disease.
Asos rolled out the charity's #BraHijack campaign labels on its own-brand lingerie.
 In September 2017, Asos along with Hotel Indigo launched travel-inspired collection Asos x Hotel Indigo Edits.
GROWTH
The process of improving some
measure of an enterprise's success.
BUSINESS GROWTH
Business growth can be achieved either …..
by boosting the top line or revenue of the business
with greater product sales or service income, or
by increasing the bottom line or profitability of the
operation by minimizing costs.
GROWTH STRATEGIES INCLUDE
Market Penetration
Market Expansion
Product Expansion
Diversification
Acquisition
ADVANTAGES OF GROWTH
purchasing - by getting discounts for buying in bulk
marketing - by spreading the cost of promotion over larger sales
overheads - by spreading the staff or administrative costs across greater output
increase your resources and stock
generate more sales and profits
put more money back into your business
reach new customers or markets
influence market price
reduce external risks
DISADVANTAGES OF BUSINESS GROWTH
shortage of cash
compromised quality
loss of control
increased capital
requirements
increased staff turnover
SUPPORTED WORK OF BUSINESS GROWTH
Keeping up with the market
Planning ahead
Improve Customer Satisfaction
Quick Problem solving
Implement the right systems
Skills and attitudes
Welcoming to changes
Improve Communication system
Q & A
Thank you
and
“ ALLAH HAFEZ “

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case: 65 : Strategic growth in the fashion retail industry

  • 1. CASE: 65 STRATEGIC GROWTH IN THE FASHION RETAIL INDUSTRY An asos.com case study
  • 2. PRESENTERS Md. Masudur Rahaman Md. Farhad Ahmed Md. Rashedul Islam
  • 3. AGENDA  Company Background  History of Asos  Growth  Business growth  Growth strategies include  Advantages of growth  Disadvantages of business growth  Supported Work of business growth
  • 4. COMPANY BACKGROUND Name : Asos Founded : 3 June 2000 Industry : Clothing retail Type : Public Key people : Brian McBride (director)(CEO) The Lord Alli(former Chairman) No of Employee : 4000+ Headquarter : London, UK Products : Clothes, shoes, accessories, beauty Website : www.asos.com
  • 5. HISTORY OF ASOS  Asos was established on 3 June 2000, by Nick Robertson and Quentin Griffiths. Despite deprecating its original meaning (As Seen On Screen), Asos is still written as an uppercase acronym; the exception to the rule is the new logo designed by Ben Lewin in 2008, where it is stylistically shown all in lower case.  In 2001, Asos was admitted to the Alternative Investment Market (AIM) on the London Stock Exchange.  In 2003, Asos shareholders agreed to change the names of AsSeenOnScreen Holdings PLC and AsSeenOnScreen Limited to Asos PLC and Asos.com Limited.  In 2005, the Buncefield Fuel Depot explosion closed the business for six weeks and £5m of stock was lost.  In 2008, Asos debuted kidswear on its site but the branded market subsequently suffered declines at the expense of fast-growing own-label kidswear offers.  In 2010 Asos announced it would no longer offer kidswear, to concentrate on its core young fashion market.  In 2013, Asos opened its first office outside the South East, in Birmingham.  In 2013, Asos recalled belts contaminated with radioactive cobalt-60.  In 2013, Asos Russia and China were launched.  In 2014, a fire in their Barnsley warehouse caused them to stop taking orders for almost three days.  Asos has over 4,000 employees and is the UK's largest independent online and fashion beauty retailer.  In 2015, Asos teamed up with breast cancer awareness charity CoppaFeel in order to raise awareness of the disease. Asos rolled out the charity's #BraHijack campaign labels on its own-brand lingerie.  In September 2017, Asos along with Hotel Indigo launched travel-inspired collection Asos x Hotel Indigo Edits.
  • 6. GROWTH The process of improving some measure of an enterprise's success.
  • 7. BUSINESS GROWTH Business growth can be achieved either ….. by boosting the top line or revenue of the business with greater product sales or service income, or by increasing the bottom line or profitability of the operation by minimizing costs.
  • 8. GROWTH STRATEGIES INCLUDE Market Penetration Market Expansion Product Expansion Diversification Acquisition
  • 9. ADVANTAGES OF GROWTH purchasing - by getting discounts for buying in bulk marketing - by spreading the cost of promotion over larger sales overheads - by spreading the staff or administrative costs across greater output increase your resources and stock generate more sales and profits put more money back into your business reach new customers or markets influence market price reduce external risks
  • 10. DISADVANTAGES OF BUSINESS GROWTH shortage of cash compromised quality loss of control increased capital requirements increased staff turnover
  • 11. SUPPORTED WORK OF BUSINESS GROWTH Keeping up with the market Planning ahead Improve Customer Satisfaction Quick Problem solving Implement the right systems Skills and attitudes Welcoming to changes Improve Communication system
  • 12. Q & A