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Danish Fashion Going Global - Spandet And Partners

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DANISH FASHION GOING GLOBAL 21<br />

Top 7 <strong>Fashion</strong> Textile Exports 2009<br />

DKK Bio.<br />

4,375<br />

2,734 2,18 2,059 1,537 1,034<br />

The book will therefore leave the number game and discussions about market shares<br />

to H&M and perhaps also to Bestseller, Pandora, ECCO, and a few others. Rather<br />

than attempting to produce or discuss which figures are correct, corrupt, or relevant,<br />

the conclusion for the rest of the players is simple: the market is there, it is big, and<br />

<strong>Danish</strong> fashion is mainly a European player. The question to the conclusion is more<br />

difficult. How do we grasp some more of it?<br />

The basic philosophy of marketing is that any fashion company in the market<br />

economy survives by producing merchandise that persons are willing and able to<br />

buy. Consequently, ascertaining consumer demand is vital for a company’s future<br />

viability and even existence as a going concern. This is easier said than done.<br />

The fashion industry has been in a transition over the last 20 years. New business<br />

models and competitive strategies are constantly being introduced to enhance profits<br />

and ensure growth. The 6 Cs serve as a tool to structure innovation and prepare<br />

effective strategies.<br />

The fashion industry is categorized by short product life cycles, tremendous product<br />

variety, volatile, unpredictable, demanding, and long, inflexible supply processes.<br />

0,84

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