This document provides an analysis of Oxford Industries (OXM) and the apparel industry. It discusses key drivers for the apparel industry like GDP, consumer credit, and disposable income. The document analyzes OXM's competitors, market share, growth rates, and financials. It then values OXM stock using the dividend discount and free cash flow to equity models, recommending a sell.
This document defines key economic terms used in macroeconomics. It provides definitions for terms like AAA credit rating (the best credit rating indicating negligible risk of default), accelerator effect (planned investment is positively linked to past and expected consumer demand growth), and aggregate supply shock (an inflation or potential output shock that reduces output and can increase inflation). In total, it defines over 30 important macroeconomic concepts.
The document provides definitions for various business economics concepts in a glossary format. It defines key terms related to market structures, costs, pricing strategies, mergers and acquisitions, competition, and other foundational concepts in business economics. Some key terms defined include monopoly, oligopoly, economies of scale, marginal cost, price discrimination, and mergers and acquisitions.
The document defines several economic terms and concepts related to macroeconomics. It provides descriptions of key terms such as AAA credit rating, absolute advantage, absolute poverty, accelerator effect, accession countries, accommodatory policy, adjusted net savings, advanced economies, age dependency ratio, and ageing population. In less than 3 sentences, the document is a glossary that defines various macroeconomic terms and concepts.
Does ownership matter? The growth of China´s chemical market is primarily cap...Kai Pflug
The growth of China´s chemical market is primarily captured by private domestic companies at the expense of state-owned entities and multinational chemical companies. Why?
This Euromonitor market report provides market trend and market growth analysis of the Apparel industry in Germany. With this market report, you’ll be able to explore in detail the changing shape and potential of the industry. You will now be able to plan and build strategy on real industry data and projections.
This revision presentation provides an overview of the topic of emerging markets. It highlights some examples of how businesses have pursued a growth strategy in emerging markets and also how developed economies have seen investment coming in the opposite direction. A brief overview of the methods and benefits/drawbacks of international expansion is also provided.
This document provides a summary of the global economic outlook and trends for retailers to consider. It discusses slowing economic growth in many leading markets in 2012. In Europe, government spending cuts and debt issues are weakening economies and confidence. In the US, uncertainty around fiscal policy is hurting markets. China is also slowing after monetary tightening. Some positives for retailers include potential margin improvements from lower commodity prices and inflation in some countries. Long term global growth prospects remain strong, especially in emerging markets.
This document defines key economic terms used in macroeconomics. It provides definitions for terms like AAA credit rating (the best credit rating indicating negligible risk of default), accelerator effect (planned investment is positively linked to past and expected consumer demand growth), and aggregate supply shock (an inflation or potential output shock that reduces output and can increase inflation). In total, it defines over 30 important macroeconomic concepts.
The document provides definitions for various business economics concepts in a glossary format. It defines key terms related to market structures, costs, pricing strategies, mergers and acquisitions, competition, and other foundational concepts in business economics. Some key terms defined include monopoly, oligopoly, economies of scale, marginal cost, price discrimination, and mergers and acquisitions.
The document defines several economic terms and concepts related to macroeconomics. It provides descriptions of key terms such as AAA credit rating, absolute advantage, absolute poverty, accelerator effect, accession countries, accommodatory policy, adjusted net savings, advanced economies, age dependency ratio, and ageing population. In less than 3 sentences, the document is a glossary that defines various macroeconomic terms and concepts.
Does ownership matter? The growth of China´s chemical market is primarily cap...Kai Pflug
The growth of China´s chemical market is primarily captured by private domestic companies at the expense of state-owned entities and multinational chemical companies. Why?
This Euromonitor market report provides market trend and market growth analysis of the Apparel industry in Germany. With this market report, you’ll be able to explore in detail the changing shape and potential of the industry. You will now be able to plan and build strategy on real industry data and projections.
This revision presentation provides an overview of the topic of emerging markets. It highlights some examples of how businesses have pursued a growth strategy in emerging markets and also how developed economies have seen investment coming in the opposite direction. A brief overview of the methods and benefits/drawbacks of international expansion is also provided.
This document provides a summary of the global economic outlook and trends for retailers to consider. It discusses slowing economic growth in many leading markets in 2012. In Europe, government spending cuts and debt issues are weakening economies and confidence. In the US, uncertainty around fiscal policy is hurting markets. China is also slowing after monetary tightening. Some positives for retailers include potential margin improvements from lower commodity prices and inflation in some countries. Long term global growth prospects remain strong, especially in emerging markets.
1. China's apparel industry is growing rapidly at an estimated 14% annually, driven by urbanization and increasing disposable incomes.
2. The industry faces challenges including short brand life cycles due to fast-changing consumer tastes, saturation in major markets, and overstocking issues from aggressive expansion plans.
3. Companies are trying to penetrate lower-tier cities and boost brand visibility nationwide, but disparities in spending power and brand awareness across China remain an obstacle.
Personal Care and Beauty Products Industry Insights - April 2015Duff & Phelps
The Personal Care and Beauty Products sector has seen strategic acquisitions driven by desires to strengthen market position, expand product portfolios, and broaden and deepen distribution channels. Robust M&A activity is forecasted to continue through 2015. For more detail on personal care and beauty products trends, public market performance and deal activity.
AS Micro Markets and Market Failure Key Term GlossaryEton College
This document defines key terms related to micro markets and market failure, including:
- Ability to pay, absolute poverty, adverse selection, allocative efficiency, asymmetric information, barriers to entry, black markets, bottlenecks, and budget constraints.
- Deadweight loss, demand, derived demand, diminishing returns, effective demand, elasticity, externalities, factors of production, and government failure.
- Market structures like monopoly, oligopoly and perfect competition. It also defines market failures like public goods, externalities, and information asymmetry.
This document provides definitions for various business economics concepts. Some key points include:
- Abnormal profit refers to profits above normal levels due to barriers to entry preventing competition.
- Oligopoly is a market structure with a small number of producers where each considers the actions of others.
- Economies of scale refer to lower long-run average costs from increased output, while diseconomies are higher costs from outputs beyond the optimal scale.
- Barriers to entry protect incumbent firms by making entry difficult for new competitors.
This document defines key economic terms related to demand, supply, costs, profits, market structures, macroeconomic policies, and more. It discusses the inverse relationship between price and quantity demanded (demand), the positive relationship between price and quantity supplied (supply), producer and consumer surplus, excess demand and supply, cost-push and demand-pull inflation, elasticity, substitutes and complements, barriers to entry/exit, and market structures including monopoly, oligopoly, monopolistic competition, and perfect competition. It also defines GDP, fiscal and monetary policy, public goods, market failures, marginal revenue and costs, profit maximization, economies and diseconomies of scale, and increasing/diminishing returns.
This document provides a business analysis for a British SME called Royal Wetsuit that intends to export wetsuits to the US market. Royal Wetsuit produces high-quality wetsuits with innovative warming technology. It has spare production capacity and wants to expand internationally. The analysis examines the political, economic, social, technological, and competitive environment in the US through a PEST analysis and Porter's Five Forces model. It identifies opportunities for market segmentation and a trade surplus in textiles/clothing between the EU and US. The analysis concludes that while suppliers have bargaining power and potential competition is medium-high, substitutes are limited and demand exists to utilize Royal Wetsuit's unused capacity.
Outdoor Products Industry Insights 2016Duff & Phelps
Rapid growth of e-commerce, significant competition, and market saturation will continue to drive consolidation in the outdoor and sporting goods retail industry. Innovative companies are commanding attention from corporate and private equity buyers, with the market ripe for acquisition activity.
In this edition of Valuation Insights we discuss retention incentives that are expected to become more mainstream under the new Trump Administration. The article discusses recent high profile cases, such as United Technologies recently announced deal to retain Carrier Corporation's furnace manufacturing facility in Indiana. The most common retention incentives are discussed in the article as well as best practices to improve your prospects for securing them.
Other Topics Covered Include:
• Goodwill impairment trends as highlighted in the Duff & Phelps 2016 U.S. and European Goodwill Impairment Studies • Duff & Phelps' Fifth Annual Transaction Trail Report on M&A and Capital Markets Activity in Southeast Asia • Delaware Chancery Court Case which utilized the Duff & Phelps Valuation Handbook Series as support for its conclusion that the respondent's expert's analysis was more reliable.
M&A activity in North Asia remained strong in 2015 despite economic slowdown concerns. Deal value reached nearly $1 trillion led by China, Japan, and South Korea. China's transition to a consumer and services economy is driving M&A, especially in industries like consumer goods, technology and healthcare. Japanese companies are also increasingly acquiring foreign assets to pursue growth abroad. Overall, North Asia is expected to see continued M&A activity as companies pursue opportunities arising from economic reforms and changing industry dynamics across the region.
M&A activity in North Asia continued strongly in 2015 despite slowing economic growth in China. Deal value in the region reached $984 billion, led by North Asia which accounted for 67% of deals by volume and 80% of value. China's M&A market has also continued to boom despite its economic transition, with deal value rising for the fifth consecutive year to $486.9 billion. However, inbound foreign M&A deals to China declined due to stock market volatility and fears around overvalued markets. Looking ahead, free trade agreements and increased bilateral cooperation are expected to further stimulate M&A activity across North Asia.
Productivity and Competitiveness of RMG Industry and policy for ImprovementAshikul Kabir Pias
BANGLADESH IS A DEVELOPING COUNTRY.RMG PLAY A VITAL ROLE IN OUR ECONOMY. THE APPAREL INDUSTRY IS ONE OF THE PILLAR INDUSTRIES OF BANGLADESH. BANGLADESH IS THE 3RD LARGEST APPAREL EXPORTING COUNTRY IN THE WORLD. THE READYMADE GARMENTS (RMG) INDUSTRY IS THE LARGEST SINGLE ECONOMIC SECTOR IN BANGLADESH WHICH CONTRIBUTES TO 76% OF NATIONAL EXPORTS AND 90% OF MANUFACTURING GOODS EXPORTS .
This document discusses how to measure industry concentration to determine the market structure of an industry. There are two main measures:
1. Concentration ratio - Measures the percentage of total industry output produced by the largest 4 firms. A ratio over 40% indicates an oligopolistic market structure.
2. Herfindahl Index - Calculates the sum of the squared market shares of all firms in an industry. It ranges from 0 to 10,000 with scores over 1,800 indicating high concentration.
The document provides examples calculating both measures using hypothetical industry data. It interprets the results and explains how the Herfindahl Index improves on the concentration ratio by accounting for differences in the distribution of market shares among firms.
The global economy has shifted towards Asia in recent decades. The UK runs large trade deficits in goods but surpluses in services. Germany and China are two of the UK's main trading partners for imports, while exports mainly go to other European nations. A persistent current account deficit can cause problems like lower growth and job losses if it indicates weak competitiveness. Policy options to address deficits include supply-side reforms to improve productivity and demand management policies to reduce spending on imports.
Crimson Publishers - Who Made Our Clothes Under Which Conditions? A Call for ...CrimsonpublishersTTEFT
Who Made Our Clothes Under Which Conditions? A Call for Ethical Standards in the Fashion Supply Chain by Anna Kathrin Sebald* in Trends in Textile Engineering & Fashion Technology
This document provides a summary of key concepts related to demand, supply, and market equilibrium. It discusses firms and households as decision makers, and how they interact in input and output markets through the circular flow. It then explains the laws of demand and supply, how quantity demanded and supplied change with price, and how demand and supply curves are derived from individual decisions in the market. Other determinants of demand and supply are also outlined.
This investment report analyzes Tesco's potential expansion into Brazil. It examines Tesco as a company, Brazil's market using Porter's five forces framework, operating exposure risks in international markets, and strategies to manage currency risk, such as matching cash flows, risk-sharing agreements, and currency swaps. The report recommends Tesco apply these risk management tools and strategies like market selection and pricing to hedge risks and manage operating exposure successfully in Brazil.
The document discusses the steps for an apparel retail company to access the US market. It begins with background on trade agreements lowering barriers and increasing US consumer demand for imported apparel. It then discusses 4 steps:
1) Analyzing the large and growing US GDP indicating purchasing power.
2) Noting US investment in infrastructure like roads important for transporting goods from Mexico.
3) The large and competitive US apparel industry worth $342B by 2016, with strategies like niche marketing important.
4) Understanding the stable political environment and diverse cultural influences in the US which allow foreign investment.
Potential benefits of the US market include its large population offering a ready market, growing e-commerce
The document analyzes trends in advertising expenditures by India's large corporate sector from 1975-1984. It finds that while total sales grew 154% over this period, advertising expenditures grew nearly 197%, indicating the growing importance of advertising. Consumer goods companies spent a higher proportion of sales on advertising than non-consumer goods companies. Foreign-controlled companies spent a higher proportion than Indian companies. The number of large companies spending over Rs. 1 crore on advertising annually grew from 4 in 1976 to 25 in 1984, led by Hindustan Lever, Reliance Industries, and Food Specialties.
- Barnes & Noble is the largest book retailer in the world, with over $5 billion in annual sales across its 4,648 stores and online business. However, it faces challenges from low profit margins, competition from Amazon and big-box retailers, and a mature print book market threatened by e-books.
- To address these challenges, Barnes & Noble focuses on expanding its market share through acquisitions and large superstore formats. It also aims to grow its in-house publishing business and brand itself as a community gathering place through in-store events. However, delays in responding to e-books and digital competitors like Amazon may threaten its future success.
1. China's apparel industry is growing rapidly at an estimated 14% annually, driven by urbanization and increasing disposable incomes.
2. The industry faces challenges including short brand life cycles due to fast-changing consumer tastes, saturation in major markets, and overstocking issues from aggressive expansion plans.
3. Companies are trying to penetrate lower-tier cities and boost brand visibility nationwide, but disparities in spending power and brand awareness across China remain an obstacle.
Personal Care and Beauty Products Industry Insights - April 2015Duff & Phelps
The Personal Care and Beauty Products sector has seen strategic acquisitions driven by desires to strengthen market position, expand product portfolios, and broaden and deepen distribution channels. Robust M&A activity is forecasted to continue through 2015. For more detail on personal care and beauty products trends, public market performance and deal activity.
AS Micro Markets and Market Failure Key Term GlossaryEton College
This document defines key terms related to micro markets and market failure, including:
- Ability to pay, absolute poverty, adverse selection, allocative efficiency, asymmetric information, barriers to entry, black markets, bottlenecks, and budget constraints.
- Deadweight loss, demand, derived demand, diminishing returns, effective demand, elasticity, externalities, factors of production, and government failure.
- Market structures like monopoly, oligopoly and perfect competition. It also defines market failures like public goods, externalities, and information asymmetry.
This document provides definitions for various business economics concepts. Some key points include:
- Abnormal profit refers to profits above normal levels due to barriers to entry preventing competition.
- Oligopoly is a market structure with a small number of producers where each considers the actions of others.
- Economies of scale refer to lower long-run average costs from increased output, while diseconomies are higher costs from outputs beyond the optimal scale.
- Barriers to entry protect incumbent firms by making entry difficult for new competitors.
This document defines key economic terms related to demand, supply, costs, profits, market structures, macroeconomic policies, and more. It discusses the inverse relationship between price and quantity demanded (demand), the positive relationship between price and quantity supplied (supply), producer and consumer surplus, excess demand and supply, cost-push and demand-pull inflation, elasticity, substitutes and complements, barriers to entry/exit, and market structures including monopoly, oligopoly, monopolistic competition, and perfect competition. It also defines GDP, fiscal and monetary policy, public goods, market failures, marginal revenue and costs, profit maximization, economies and diseconomies of scale, and increasing/diminishing returns.
This document provides a business analysis for a British SME called Royal Wetsuit that intends to export wetsuits to the US market. Royal Wetsuit produces high-quality wetsuits with innovative warming technology. It has spare production capacity and wants to expand internationally. The analysis examines the political, economic, social, technological, and competitive environment in the US through a PEST analysis and Porter's Five Forces model. It identifies opportunities for market segmentation and a trade surplus in textiles/clothing between the EU and US. The analysis concludes that while suppliers have bargaining power and potential competition is medium-high, substitutes are limited and demand exists to utilize Royal Wetsuit's unused capacity.
Outdoor Products Industry Insights 2016Duff & Phelps
Rapid growth of e-commerce, significant competition, and market saturation will continue to drive consolidation in the outdoor and sporting goods retail industry. Innovative companies are commanding attention from corporate and private equity buyers, with the market ripe for acquisition activity.
In this edition of Valuation Insights we discuss retention incentives that are expected to become more mainstream under the new Trump Administration. The article discusses recent high profile cases, such as United Technologies recently announced deal to retain Carrier Corporation's furnace manufacturing facility in Indiana. The most common retention incentives are discussed in the article as well as best practices to improve your prospects for securing them.
Other Topics Covered Include:
• Goodwill impairment trends as highlighted in the Duff & Phelps 2016 U.S. and European Goodwill Impairment Studies • Duff & Phelps' Fifth Annual Transaction Trail Report on M&A and Capital Markets Activity in Southeast Asia • Delaware Chancery Court Case which utilized the Duff & Phelps Valuation Handbook Series as support for its conclusion that the respondent's expert's analysis was more reliable.
M&A activity in North Asia remained strong in 2015 despite economic slowdown concerns. Deal value reached nearly $1 trillion led by China, Japan, and South Korea. China's transition to a consumer and services economy is driving M&A, especially in industries like consumer goods, technology and healthcare. Japanese companies are also increasingly acquiring foreign assets to pursue growth abroad. Overall, North Asia is expected to see continued M&A activity as companies pursue opportunities arising from economic reforms and changing industry dynamics across the region.
M&A activity in North Asia continued strongly in 2015 despite slowing economic growth in China. Deal value in the region reached $984 billion, led by North Asia which accounted for 67% of deals by volume and 80% of value. China's M&A market has also continued to boom despite its economic transition, with deal value rising for the fifth consecutive year to $486.9 billion. However, inbound foreign M&A deals to China declined due to stock market volatility and fears around overvalued markets. Looking ahead, free trade agreements and increased bilateral cooperation are expected to further stimulate M&A activity across North Asia.
Productivity and Competitiveness of RMG Industry and policy for ImprovementAshikul Kabir Pias
BANGLADESH IS A DEVELOPING COUNTRY.RMG PLAY A VITAL ROLE IN OUR ECONOMY. THE APPAREL INDUSTRY IS ONE OF THE PILLAR INDUSTRIES OF BANGLADESH. BANGLADESH IS THE 3RD LARGEST APPAREL EXPORTING COUNTRY IN THE WORLD. THE READYMADE GARMENTS (RMG) INDUSTRY IS THE LARGEST SINGLE ECONOMIC SECTOR IN BANGLADESH WHICH CONTRIBUTES TO 76% OF NATIONAL EXPORTS AND 90% OF MANUFACTURING GOODS EXPORTS .
This document discusses how to measure industry concentration to determine the market structure of an industry. There are two main measures:
1. Concentration ratio - Measures the percentage of total industry output produced by the largest 4 firms. A ratio over 40% indicates an oligopolistic market structure.
2. Herfindahl Index - Calculates the sum of the squared market shares of all firms in an industry. It ranges from 0 to 10,000 with scores over 1,800 indicating high concentration.
The document provides examples calculating both measures using hypothetical industry data. It interprets the results and explains how the Herfindahl Index improves on the concentration ratio by accounting for differences in the distribution of market shares among firms.
The global economy has shifted towards Asia in recent decades. The UK runs large trade deficits in goods but surpluses in services. Germany and China are two of the UK's main trading partners for imports, while exports mainly go to other European nations. A persistent current account deficit can cause problems like lower growth and job losses if it indicates weak competitiveness. Policy options to address deficits include supply-side reforms to improve productivity and demand management policies to reduce spending on imports.
Crimson Publishers - Who Made Our Clothes Under Which Conditions? A Call for ...CrimsonpublishersTTEFT
Who Made Our Clothes Under Which Conditions? A Call for Ethical Standards in the Fashion Supply Chain by Anna Kathrin Sebald* in Trends in Textile Engineering & Fashion Technology
This document provides a summary of key concepts related to demand, supply, and market equilibrium. It discusses firms and households as decision makers, and how they interact in input and output markets through the circular flow. It then explains the laws of demand and supply, how quantity demanded and supplied change with price, and how demand and supply curves are derived from individual decisions in the market. Other determinants of demand and supply are also outlined.
This investment report analyzes Tesco's potential expansion into Brazil. It examines Tesco as a company, Brazil's market using Porter's five forces framework, operating exposure risks in international markets, and strategies to manage currency risk, such as matching cash flows, risk-sharing agreements, and currency swaps. The report recommends Tesco apply these risk management tools and strategies like market selection and pricing to hedge risks and manage operating exposure successfully in Brazil.
The document discusses the steps for an apparel retail company to access the US market. It begins with background on trade agreements lowering barriers and increasing US consumer demand for imported apparel. It then discusses 4 steps:
1) Analyzing the large and growing US GDP indicating purchasing power.
2) Noting US investment in infrastructure like roads important for transporting goods from Mexico.
3) The large and competitive US apparel industry worth $342B by 2016, with strategies like niche marketing important.
4) Understanding the stable political environment and diverse cultural influences in the US which allow foreign investment.
Potential benefits of the US market include its large population offering a ready market, growing e-commerce
The document analyzes trends in advertising expenditures by India's large corporate sector from 1975-1984. It finds that while total sales grew 154% over this period, advertising expenditures grew nearly 197%, indicating the growing importance of advertising. Consumer goods companies spent a higher proportion of sales on advertising than non-consumer goods companies. Foreign-controlled companies spent a higher proportion than Indian companies. The number of large companies spending over Rs. 1 crore on advertising annually grew from 4 in 1976 to 25 in 1984, led by Hindustan Lever, Reliance Industries, and Food Specialties.
- Barnes & Noble is the largest book retailer in the world, with over $5 billion in annual sales across its 4,648 stores and online business. However, it faces challenges from low profit margins, competition from Amazon and big-box retailers, and a mature print book market threatened by e-books.
- To address these challenges, Barnes & Noble focuses on expanding its market share through acquisitions and large superstore formats. It also aims to grow its in-house publishing business and brand itself as a community gathering place through in-store events. However, delays in responding to e-books and digital competitors like Amazon may threaten its future success.
Production costs, waste and SKUs are something that affect anyone in the packaging industry. Linx Printing Technology shows you how operational efficiency in packaging production lines can be improved through the use of direct coding technology.
MicroAge is a leading provider of IT products and services headquartered in Arizona. They work with clients from data centers to desktops, providing name brand products from industry leaders like HP, Dell, Cisco, and more. MicroAge account executives are experts in helping clients select the right IT solutions for their needs. They have relationships with many technology manufacturers and can source virtually any available technology.
HauteSpot Networks provides wireless broadband technology that allows cameras to be located anywhere from 20 yards to 20 miles away. Their TDMA-like protocol eliminates collisions and reduces jitter, making it more suitable than 802.11 for high-definition, real-time video transmission over wireless networks. While licensed spectrum provides more reliable links by limiting interference, HauteSpot is focused on providing reliable unlicensed solutions using techniques like narrow beam antennas and dynamic frequency selection.
Best code continuous ink jet system overviewMargaret Adams
Take a tour of Weber Packaging Solution's BestCode Continuous Ink Jet systems. Print "best by" dates and lot codes on plastic bottles, boxes, cans and more.
http://info.weberpackaging.com/blog/weber-launches-bestcode-continuous-ink-jet-systems
The document discusses the "Golden Age of Hollywood" from the 1920s to 1948. It was a period where movie studios had complete vertical control over financing, producing, and distributing films. While this led to many commercially successful but formulaic movies, it also resulted in some true cinematic masterpieces. However, by 1948, factors like television and changes in anti-trust laws weakened the studio system and marked the end of the Golden Age.
Messaging365 Product Authenticity Control Feb 2011 Eng Li STEQNOCO
The document describes an authenticity control system from Messaging365 that uses mobile phones to verify whether pharmaceutical and other branded products are authentic. Customers can check a product's authenticity by calling or texting a provided number and entering a code from the product's packaging. The system also allows suppliers to directly market to customers via their provided mobile numbers. The system offers verification in multiple languages and currencies and integration is described as simple with costs including integration, code generation, and ongoing messaging and support fees.
This document contains photos of various locations in and around Central Park in New York City taken in November 2010, including Central Park South & Essex House, the Central Park Reservoir from different angles, and views of the east side of Central Park around 86th Street and along the Reservoir.
By using statistical process control (SPC), managers can determine if variations in their data are due to normal fluctuations or issues with the underlying process. SPC involves calculating control limits based on the average and standard deviation of historical data to identify when new data points are significantly different. The most common type of control chart used is the X-bar and moving range chart, which plots average values over time and the differences between successive values to monitor for instability.
SIC Ltd is a UK-based electrical and electronic contract manufacturer with over 50 years of experience. It serves over 450 customers across 24 industries. The company has a 188,000 square foot manufacturing site with over 150 employees and specialized departments. SIC offers services like cable harnesses, sub-assemblies, control boxes, and full machine building. It prides itself on high quality, on-time delivery, and cost savings for customers. SIC adheres to quality standards like ISO 9001, IPC-A-610, and is UL approved.
This document contains questions about Roche's acquisition of Genentech shares:
1) Roche is seeking the remaining 44% of Genentech shares to gain full ownership of the company.
2) Owning 100% would give Roche full control and synergies, but risks include losing a public listing and takeover premium.
3) As majority shareholder, Roche must protect minority shareholders' interests.
4) Roche estimated $600 million in annual synergies from the merger in June 2008.
This document outlines a kaizen event to reduce labor hours for an ERJ part from an average of 17.4 hours in May to a goal of 12 hours. It details the current process which takes 12 hours total and identifies opportunities to reduce times including enhancing the shimming process, implementing process gates, conducting a standard work kaizen event, and obtaining new equipment. An action plan is provided with owners and due dates to implement the changes by August 1st to reduce the monthly average labor hours trend.
ACA is a custom auto part manufacturer in Chonburi, Thailand specializing in all types of custom fabrication related to automotive parts and tools.
www.acaindustrial.co.th
Interoperability is a key to improving supply chain performance. As disparate systems silo information about specific processes, a holistic picture about corporate health and performance is lost. In this webinar we speak with experts that attended the Shaman’s Circle on Amelia Island to discuss solutions to close the gap on inter-enterprise visibility by creating greater connectivity through business networks. These are the slides from that webinar
Este documento describe Video Get, un programa gratuito que permite descargar videos de sitios web e Internet y convertirlos a diferentes formatos. Explica cómo instalar Video Get, los sistemas operativos compatibles, sus características principales como la descarga y conversión de videos, y cómo utilizar sus funciones.
S&OP and Demand Management 2016 Summary Charts - 16 AUG 2016Lora Cecere
Summary: S&OP and Demand Management Study Summary Charts. Based on an online survey conducted by Supply Chain Insights (February 12-May 26, 2016). The objective of the survey was to understand the current state of decision-making processes (S&OP and demand management were the focus) and their respective technologies. The results are among 79 respondents: manufacturers, distributors, and retailers who are familiar with the S&OP and/or demand management processes at their company.
Seminar 8 creating an investment recommendationpvalantagul
The document provides guidance on creating an investment recommendation and pitching a stock. It outlines the key components of a stock pitch, including analyzing if a company is a good business and if it will be a good stock. An example stock pitch for Waste Management is then presented, analyzing the company, industry, financials, valuation, opportunities/risks, and recommending the stock as a buy. The document emphasizes synthesizing information from prior seminars to develop an investment thesis and recommendation.
Purpose of Assignment This week students will review and revise .docxmakdul
Purpose of Assignment
This week students will review and revise their Week 3 Research Analysis for Business Signature Assignment based on economic analysis and the feedback provided by their facilitator. Students will also expand their Week 3 analyses to evaluate the challenges of expanding their chosen company's production to a foreign market.
About Your Signature Assignment
This signature assignment is designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. The signature assignments might be graded with an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for program improvements.
Assignment Steps
Resources: Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.
Revise your Week 3 assignment, Research Analysis for Business, using the feedback provided by your facilitator. This Week 6 report should only include one conclusion, so you will need to rewrite the conclusion you included in your Week 3 assignment, Research Analysis for Business.
Select a foreign market in which to expand your chosen product. If you wish, you may use one of the countries your team analyzed in their Week 5 Comparative and Absolute Advantage Assignment.
Prepare a minimum1,750-word report addressing the points listed below. The use of tables and/or charts to display economic data over the time period discussed is highly encouraged, you may submit any economic data in Microsoft® Excel® format in a separate file. You may use the U.S. Department of Labor's Bureau of Labor Statistics (BLS), U.S. Dept. of Commerce's Bureau of Economic Analysis (BEA), the Federal Reserve of St. Louis's FRED data, the CIA World Fact Book, World Bank data, and World Trade Organization, or other appropriate sources you might find on the Internet or in the University Library. The new sections of your report should:
· Evaluate current global economic conditions and their effects on macroeconomic indicators in your selected country. Provide forecasts for population growth, gross domestic product (GDP) growth, GDP per capita growth, export growth, and sales growth.
· Evaluate any competitors' existing production in the chosen country.
· Assess sales forecasts in the selected country by using the Federal Reserve of St. Louis's FRED data, the CIA World Fact Book, World Bank data, World Trade Organization, or other appropriate sources you might find on the Internet or in the University Library.
· Categorize the type of economy that exists in your selected country as closed, mixed, or market. What is the difference between these types of economies and how might this affect your expansion?
· Assess how your chosen country's curren ...
Navigating the Asian Textile and Garment Supply Chain - Screen - April 2015Mark Ganz
This document discusses trends in the Asian textile and garment supply chain and their implications for Australian retailers. It finds that:
1. Chinese manufacturers are facing declining profitability due to rising wages and costs. They are implementing strategies like relocating production to lower-cost countries, focusing on fast fashion, shifting to higher-margin products, and vertical integration. These strategies will have varying impacts on Australian retailers.
2. Most Australian retailers now directly source products from overseas instead of through wholesalers. This has increased their profit margins but also their exposure to foreign exchange volatility. In a lower Australian dollar environment, over 70% of direct sourcing retailers could become unprofitable without price increases or cost cuts.
U.S. Nonwoven Fabric Market. Analysis And Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “U.S. Nonwoven Fabric Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. nonwoven fabric market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
There are several ways for a firm to increase profits:
1. Increase output up to the point where marginal revenue equals marginal cost, which is the profit-maximizing level of output.
2. Reduce costs of production to lower the average cost curve and increase the profit margin.
3. Shift the demand curve outward through marketing, innovation, or other means to increase the profit-maximizing price and output.
Every month, Atradius brings you an up to the minute snapshot report on a range of export markets and key trade sectors. Our underwriters have a specialist view of the world economy – and the
industries that make that economy tick - that you won’t find in the general press coverage of events.
Even more importantly, our underwriters use their expertise and experience to look to the future. In each edition of Atradius Market Monitor you’ll find our outlook for a number of key market economies.
In this issue…
…we feature the following markets:
The United Kingdom – with a spotlight on the metals and automotive sectors
Mexico – with a spotlight on manufacturing, construction and retail
Germany
Spain
Denmark
Greece
Portugal
South Africa
U.S. Coated Fabric Market. Analysis And Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “U.S. Coated Fabric Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. coated fabric market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
U.S. Leather And Hide Market. Analysis And Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “U.S. Leather And Hide Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. leather and hide market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
U.S. Apparel Accessories And Other Apparel Market. Analysis And Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “U.S. Apparel Accessories And Other Apparel Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. apparel accessories and other apparel market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The document discusses factors that may have caused a decrease in the UK's international competitiveness between 2007-2008. These include: low investment and R&D spending, which hindered market growth and improvement; outdated infrastructure, especially for transportation, which impacted industry efficiency; and a shortage of skilled workers, lowering production quality. It also notes the global recession in 2008 reduced consumer spending and demand for services. Strategies to improve competitiveness mentioned include: increasing training to develop specialized skills; lowering business taxes; government incentives for investment; and subsidies to support growth industries. However, some strategies like trade barriers could spark retaliation, while tax cuts may not lower costs.
This document summarizes and analyzes the garment industry in Vietnam. It discusses how the industry was previously divided between export-oriented suppliers focused on international markets and domestic-oriented suppliers focused on the local market. However, this distinction is fading as larger export suppliers have started pursuing the growing domestic market as well. The key challenge the industry now faces is rising wages, as other sectors have emerged and garment work is no longer the most attractive option for many workers. Suppliers must upgrade their processes, products, and functions to be able to pay higher wages and retain employees. The domestic market represents an opportunity for upgrading and value addition.
Running head WHOLESALE INDUSTRYWHOLESALE INDUSTRY.docxrtodd599
Running head: WHOLESALE INDUSTRYWHOLESALE INDUSTRY
2
Wholesale industry
Edwaurdo King
November 8, 2018
Dr. B. West
Strayer University
Introduction
Wholesale industry is one of the sectors that ensures that goods from the producers reach to the intended consumers either directly or through the retailers. The industry deals in a variety of consumer goods and services (college grad, 2018). The industry is responsible for the transfer of the required products from the manufacturers to the consumers without making any change in the content or outlook of the products.
Industry Goods and Services
The industry deals with goods such as agricultural products, manufactured goods, and capital goods. The wholesalers use the warehouses as their main offices as they contact their clients to inform them of the available products. The role of the industry is to gather the finished products from different sectors for ease of collection by the retailers from their warehouses. The industry reduces the distance between the producers and consumers (college grad, 2018).
Market Structure and Characteristics
The capital requirement for the industry is enormous thus limiting the number of firms and individuals who can operate in the industry. There is stiff competition in the industry caused by the desire of individual firms to increase their sales volume (Fischer, 2018). The high cost of initial capital discourages the new entrant into the market, therefore, helping in maintaining a low number of firms in the market. Other factors such as product promotion, discounts, and bonuses are used to attract customers to give a difference between the companies. The characteristic in the market shows that the industry operates in an oligopoly market structure (Fischer, 2018).
The wholesale industry lack uniformity of the firms. There are different sizes of the firm in the industry because of the various products they sell. The size of the company is determined the amount of money invested and its level of trade in the market. Other firms are enormous while others are relatively small but operate in the same market (Fischer, 2018).
Microeconomic Relationships, Market Outcomes, and/or Trends
The industry has witnessed several changes in sales volume and the employment rate. The increase in sales in the wholesale sector is as a result of their fair prices compared to the prices offered by the retail trade industry. The number of employment opportunities has been in the rise for the past four months because of the expansion of the industry and improvement regarding trade (Wholesale Trade: NAICS 42, 2018). The number of job opportunities had increased from 5.8 billion in July 2018 to 6 billion in October 2018. The industry has an increasing earning rate from 3.3% in 2014 to 4.5% in 2017. The industry continues to attract more investor because of its rate of return on the investments. (Wholesale Trade: NAICS 42, 2018). Most of the firm has invested in technology th.
Primark is analyzing expanding its global strategy to India. India represents an attractive market with a growing economy and low labor costs compared to China. Primark already has a manufacturing unit in India which would help lower expansion costs. The target consumer segments in India are young adults and middle youth who are increasing spending on clothing. However, expanding to India presents risks as the market is competitive with established local brands and foreign brands also looking to enter. Any expansion plan would need to consider these risks and competitive landscape.
U.S. Textile Bag And Canvas Market. Analysis And Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “U.S. Textile Bag And Canvas Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. textile bag and canvas market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
IndexBox Marketing has just published its report: “U.S. Seafood Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. seafood market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
U.S. Seafood Product Market. Analysis And Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “U.S. Seafood Product Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. seafood product market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The Main Costs And Benefits Of The Financial Sector Of UkCandice Him
The document discusses the costs and benefits of the UK financial sector. It notes that the financial sector plays a pivotal role in providing finance for consumption and investment, and includes institutions like banks, building societies, insurance companies, and pension funds. Banks account for 57% of the UK financial sector's gross value added. A well-functioning financial sector benefits the economy by providing payment systems, financial intermediation between savers and borrowers, and facilitating risk management. However, a flawed financial system without proper regulation can lead to economic disaster, particularly during recessions.
IndexBox Marketing has just published its report: “U.S. Paperboard Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. paperboard market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
This document provides an executive summary and analysis of the luxury goods and cosmetics industries based on EY's annual financial factbook. Some key points:
- In 2015, the luxury goods industry grew 13% at current exchange rates but only 1% in real terms, lower than 2014, due to currency fluctuations. The cosmetics industry grew 3.9%.
- Political instability, terrorism threats, and China's economic slowdown impacted consumer uncertainty and the luxury sector's decline.
- Luxury consumers now seek a complete retail experience beyond just products. Brands must better understand consumers and engage them through both physical and digital experiences.
- The competitive landscape is changing as affordable luxury and digital-
11. Stock Valuation: DDM method Stock price as of June 2007 (date of last data reported in this paper) $44.83 (closing price 8/4/08: $ 20.61) Required rate of return (k) = Risk Free Rate + Company's Beta * MP = RFR 3.97% 10 Y T-Bonds OXM's Beta 1.8 MP = 0.48% Business risk 5.52% Financial Risk Total MP = 6.00% K = 14.77% g= 2.83 average over the period 2000-2007 D (t+1) = 0.66 as the company growth under every respect has been spotty, we assume that Dividends will be able to grow constantly but at a low rate of 1.07% annually, which is the geometric average at which Net Earnings have grown in the past 7 years. P= D/(k-g) = $4.95 Recommendation: sell
12. Stock Valuation: FCFE model 2007 2006 2005 2004 2003 2002 mean FCF to the Firm (see table Part 3) 28294 56002 17836 48759 25542 10859 Interest Expense 22,214 23,971 26,146 23,530 1,935 243 Free Cash Flow to the Equity: 6,080 32,031 -8,310 25,229 23,607 10,616 14,876 Value: FCFE/(k-g for FCFE) = as we have seen in part 3 Tables that CF from operations is uneven, we project project $ 14,876 as FCF for the Equity at time 1, and a low growth rate of 6.74%, which is the annual geometric average growth rate for Sales over last 10 years period considered. Value: 14,876 / (0.1477-0.0151) value = $185,255 SO as of June 2007 = 17881 Intrinsic Value per share: $10.36 Recommendation: sell Value of OXM STOCK 01/2009: $ 6.07 – 9.55
13. Support data GDP in B of $ 1998 $8,747 1999 $9,268 2000 $9,817 2001 $10,128 2002 $10,469 2003 $10,960 2004 $11,685 2005 $12,433 2006 $13,194 2007 $13,843 Source: frwebgate.access.gpo.gov
14. Support data Consumer credit outstanding (adapted from monthly series from www.economagic.com) In M of $ 1998 $1,420,454 1999 $1,532,056 2000 $11,717,483 2001 $31,867,199 2002 $81,974,093 2003 $42,077,958 2004 $82,191,323 2005 $62,284,876 2006 $22,387,470 2007 $92,523,632
15. Support data Disposable personal Income 1998 $6,395 1999 $6,695 2000 $7,194 2001 $7,486 2002 $7,830 2003 $8,162 2004 $8,681 2005 $9,092 2006 $9,629 2007 $10,184
16. Support data Estimated Yearly Sales for Clothing Stores in M of $ 1998 10,376 1999 11,188 2000 12,122 2001 14,370 2002 14,790 2003 15,245 2004 15,953 2005 17,184 2006 18,225 2007 $18,518
17. Table 1 A Correlation of Yearly Sales for Clothing Stores with GDP: 0.96854 strong positive correlation: GDP strong driver of clothing sales ( GDP line lies below Sales as we have not converted the data from Billions in M).
18. Table 1 B Correlation of Yearly Sales for Clothing Stores with Cons.Cred.Outst: 0.704658 positive correlation, although not as strong as the one with GDP ( GDP line lies below Sales as we have not converted the data from Billions in M).
19. Table 1 C Correlation of Yearly Sales for Clothing Stores with Dispos Pers Inc.: 0.978 Very strong positive correlation, as it can intuitively be expected . ( GDP line lies below Sales as we have not converted the data from Billions in M).
20. Table 2 A This table has been downloaded from Smartmoney.com and has serves as base of reference OXFORD INDUSTRIES INC BEBE STORES INC COLUMBIA SPORTSWEAR CO Polo Ralph Lauren Corp. Quiksilver Inc. VF Corp. Industry Textile-Apparel Clothing Textile-Apparel Clothing Textile-Apparel Clothing Textile-Apparel Clothing Textile-Apparel Clothing Textile-Apparel Clothing Current Share Price 21.3 10.37 37.58 59.01 7.94 70.99 Market Value $338 mil $921 mil $1,306 mil $5,867 mil $1,005 mil $7,747 mil Revenues $1,093 mil $679 mil $1,358 mil $4,880 mil $2,471 mil $7,552 mil Net Earnings $46 mil $67 mil $126 mil $420 mil $-347 mil $625 mil 5-yr Sales Growth 11.58% 17.27% 8.44% 15.50% 23.99% 6.90% 5-yr Earnings Growth 35.30% 28.35% 5.00% 21.84% NA 8.86% Net Profit Margin 4.60% 9.80% 9.30% 8.60% -14.00% 8.30% Short Interest 14.5 14.2 13.3 4.4 8.1 2 Proj. Long-Term EPS Growth (%) 13.00% 14.50% 11.80% 12.00% 13.30% 10.40% Forward P/E 11 13.3 14.3 14.8 8.8 11.7 PEG 0.84 0.92 1.22 1.23 0.66 1.13 Price/Sales 0.3 1.4 1 1.3 0.4 1 Price/Cash Flow NA 10.8 NA 9.3 -4.3 NA Price/Book 0.8 1.9 1.4 2.5 1.5 1.9
21. Table 2 A - continuation OXFORD INDUSTRIES INC BEBE STORES INC COLUMBIA SPORTSWEAR CO Polo Ralph Lauren Corp. Quiksilver Inc. VF Corp. Industry Textile-Apparel Clothing Textile-Apparel Clothing Textile-Apparel Clothing Textile-Apparel Clothing Textile-Apparel Clothing Textile-Apparel Clothing ROE 10.70% 14.00% 13.30% 18.10% -8.60% 17.50% ROA 5.10% 11.40% 11.10% 9.90% -2.90% 9.40% Dividends $0.72 $0.20 $0.64 $0.20 $0.00 $2.32 Dividend Yield 3.38% 1.93% 1.70% 0.34% 0.00% 3.27% Payout Ratio 21.60% 28.20% 17.80% 5.00% 0.00% 41.10% Total Return (12-mos) -38.70% -24.20% -36.20% -21.60% -40.70% -8.20% Total Return (3-yr) -49.80% -53.50% -16.80% 20.30% -47.90% 29.60% Beta 1.8 1.8 1 1.3 0.9 0.7 % Off 52-wk High 47.50% 34.57% 40.35% 36.88% 48.81% 24.27% % Above 52-wk Low 22.41% 17.71% 13.67% 16.74% 39.54% 11.48% On-Balance Volume Index 68 155 134 98 63 117
28. BAL SH 1997 1996 Cash and Cash Equivalent 36882 10479 Receivable 138,035 144079 Inventories 137,333 123,594 Pre-paid expenses 21991 20214 CA related to disc. Oper - 59215 Total Current Assets 334241 357581 PP&E Net 87323 73663 Goodwill Net 222430 199232 Intangible, Net 234081 234453 Other NCA 30663 20666 Total Assets $ 908,738 885595 Current Liabilities: AP 84385 105038 Accrued Salaries 26254 26754 Addit. Ac. Cost Payable 22575 11897 Dividends payable 2646 income Tax payable 8827 3138 Current Debt payable 403 130 CL related to discon. Operat. - 30716 Total Current Liabilities 142444 180319 LT Debt 199294 200023 Other 40947 29979 Non Current Deferred Income Taxes 75108 76573 Shareholders’ Equity: Par Value $ 1 17843 17646 Additional Paid-In Capital 81611 74812 Retained earnings 341369 300973 Accumulated other comprehensive Inc. 10122 5270 Total Sh Ho Equity 450945 398701 Total Liabilities and Shareholders’ Equity 908738 885595
29. Cash Flow Information 2007 2006 2005 2004 2003 2002 Net Cash provided by operating activities: 59606 80955 41243 62902 27593 12387 CapPurchases of PP&E 31312 24953 23407 14143 2051 1528 Free Cash Flow for the Firm 28294 56002 17836 48759 25542 10859 Cash Generation: Net Cash provided by operating activities: 59606 80955 41243 62902 27593 12387 Net Cash provided by investing activities -51467 -34594 -166704 -32061 -206090 -431 Net Cash provided by financing activities -10826 -97998 -73999 -7363 184997 -4550 Net cash flow generated/used by continuing op. -2687 -51637 -199460 23478 6500 7406 Net Cash provided by discontinued operations 28316 55820 10229 - - - Net Total Cash-flow 25629 4183 -189231 23478 6500 7406
30. BASIC RATIOS Industry aver. 2007 2006 (src:TDAmeritrade) growth (RR*ROE) 9.00% 10.36% Total Debt/Total Capital 23.37% 45.2% 50.8% Quick ratio 1.71 1.23 0.86 Interest coverage 33.43 4.539795 4.0931125 Return on Equity 22.04% 11.60% 12.84% Return on Assets 13.16% 5.76% 5.78% Return on Capital 15.98% 7.68% 8.21% Return per Employee $303,016 210595 n/a Revenue Growth (Most Rec. Qrt) 17.31% declined Revenue Growth (Trail.12M) 21.11% 1.78% Dividend 0.5127 $0.66 $0.56 Gross Profit margin 49.84% 60.34% 61.08% Operating Profit Margin 16.37% 8.93% 8.85% Net Profit Margin 10.32% 4.63% 4.62% Price/Earning 18.78 12.66 Price/Sales 1.56 0.35 Price/Book 3.35 0.84