At a glance: This report looks at the key value propositions of the website http://www.hm.com and how it fares against its competitors in its online multichannel strategy. The report recommends the following changes to keep the costs down and serve its customers better. Provide online retailing to countries where the option is unavailable‚ especially US. Ask for gender of the customer during profile creation so that they have targeted advertisements about specific products in the home page
Premium Online shopping Electronic commerce
H&M Price H&M is known for its stylish clothing for low prices. H&M’s price strategy is based on their customers wants and needs. Low prices‚ high fashion! H&M uses physiological prices which is a very smart strategy that always works. This strategy means that the price of a shirt isn’t 20 euro’s but 19‚90. It seems much cheaper but the difference is just 10 cents. Normally at H&M you will not see clothes with a price higher than 80 euro’s. but sometimes a designer designs clothes for h&m for a
Premium Pricing Price Clothing
1-2 1.0 Company Background 1.1 H&M History 1.2 Products‚ Strategy‚ Vision and Mission Statement 2-3 2.0 Strategy Planning 2.1 Establishment & Effectiveness of Vision‚ Mission and Goals 2.2 External Analysis 2.2.1 Opportunities 2.2.2 Threats 2.3 Internal Analysis 2.3.1 Strengths 2.3.2 Weaknesses 2.4 SWOT Analysis 2.5 Benchmarking 2.6 Hierarchy of strategy 2.7 BCG Matrix 4-9 3.0 Conclusion 3.1 Advice 3.2 Future Plan Reference History of H&M H&M were established in Vasteras
Premium Strategic management Fashion design
Human Resources The Human Resource is a strategic partner to H&M’s business. They set standards for recruitment‚ implement training and support the development and growth of their entire organization. The human resource planning‚ the recruitment and the selection is one of the major human resource management responsibility. All to ensure their have the right people with the right skills in the right positions – and at the right time. H&M’s goal is to be a fair partner to their employees and to act
Premium Human resource management Human resources
SWOT Analysis: H&M Megan Davis-Dhuyvetter Marketing Tues. 12:30 Strengths: The nearest H&M store is in Tacoma‚ Washington. That makes the commute from Olympia about 30 minutes. Many people make the trip to Tacoma purely for the shopping experience. The population in Olympia grew 12.2% from 2000 to 2012 and was projected to continue growing. The surrounding zip codes of the Olympia shopping mall have: $50k to $75k as the most common yearly income Ages 21 to 34 the largest age
Premium Household income in the United States Washington Shopping mall
Sensitivity and International Human Resource Management Team project Chanel vs H&M Instructor: Tom Chan Submitted by: Avis Jiao & Jay Liang Submitted on: Dec 14th‚ 2012 Chanel vs H&M Chanel and H&M are both famous global companies. They share different market as fashion industrial competitors. Chanel is all about extravagant‚ classic and high class. But when we talk about H&M‚ we would say it’s affordable‚ stylish‚ and middle class. It is so nice to have this
Premium Chief executive officer Administration Karl Lagerfeld
Objectives and Theme Development Report SWOT Analysis of H&M Strengths: • Low priced trendy clothing. • Fast fashion all year round. • Clothing options for the whole family. • 3‚300 stores in 55 countries. ("H&M Worldwide‚" n.d.) • Multiple retail channels such as H&M stores‚ an app and online stores. • Strong marketing skills. • Catchy advertisements. • Collaborations with well-known designers. Weakness: • Lower quality of clothing materials. • H&M does not oversee the production of their garments
Free Shopping Retailing Online shopping
Hennes & Mauritz (H&M)‚ AN HRM CASE STUDY (Source: http://ideasthoughts.erruppackal.com/2009/09/hennes-mauritz-hm-an-hrm-casestudy/) This is a case study on H&M‚ from a Strategic Human Resource Management perspective‚ based on publicly available details of H&M‚ which has been analyzed and presented within the context of the perspective. This case study was prepared to meet the requirements of an academic exercise. Contents: INTRODUCTION & COMPANY STRATEGY: HUMAN RESOURCE
Premium Human resource management Management
H&M Analysis Summary H&M is a Swedish company founded in 1947. It is a family owned company controlled by Stefan Persson and family. H&M act in the fashion industry and are one of the really big global players with 2078 stores in more than 30 countries. In 2009 they launched H&M Home which sells interior textiles through internet. Recently H&M have launched several new store concepts. Other than the H&M stores there are now also Weekday‚ Monki‚ COS and Cheap Monday stores. H&M’s new concept stores
Premium Currency Revenue Concept
8. References Introduction This report provides an analysis of the supply chain of H&M and management of that supply chain. A brief company background will be established to better understand the analyses that follow. These analyses will include the structure of the supply chain; key challenges within the supply chain; competitive strategies used to differentiate H&M’s supply chain; value adding activities in the supply chain; and concluding recommendations based on the aforementioned
Premium Supply chain management