PEST Analysis We carry out a PEST analysis to examine political‚ economic‚ social and technological factors on our business and we can use our findings to take advantage of opportunities that may arise and also be prepared to face possible threats that may come our way. The use of PEST analysis will help our business to effectively adapt to the realities of the new environment and help us to create a marketing plan that will be effective and which will therefore enable our business to compete
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TOPSHOP History dhvgkjhg STRENGTHS Topshop has over 309 fashion stores nationwide‚ and 50 stores outside the UK. It boasts the worlds largest fashion store in London‚ with over 200‚000 shoppers per week‚ the store gets 2 deliveries per day and 7‚000 looks per season. In 2006 operating profit was £110 million‚ rung through the tills at topshop; topshops annual sales are now £600 million. Over 40 of the stores now offer FREE personal style consultants who work in soundproof VIP changing
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Page 9 Introduction # Topshop is a British flagship store for women’s clothing and apparel. It has about 300 stores in the United Kingdom and over 100 international stores worldwide including Singapore. It launched in 1964 and is considered the first fast fashion brand in the history of fashion. The goal is to produce catwalk trends as fast and cheap as possible. In this report‚ our group conducted a survey about Topshop to find out its target market and the perspective
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PEST Analyses A PEST analysis (also sometimes called a STEP‚ PESTLE or STEEP analysis) looks at the external business environment. PEST stands for Political‚ Economic‚ Sociocultural and Technological. Technological factors in this case‚ include ecological / environmental aspects - the second E in STEEP and PESTLE‚ while legislative factors are included under Political (the L in PESTLE). The analysis examines the impact of each of these factors (and their interplay with each other) on the business
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Pest Analysis Demonstrate an understanding of PEST analysis (macro-environmental assessment) by identifying the key factors of change in the environment for an organization of your choice. Critically analyze the impact of these changes on the market and the corresponding strategies to tackle these changes. I would like to propose milk powder in the mainland China as an example to illustrate the PEST analysis. Political - The political arena has a huge influence upon the regulation of businesses
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TOPSHOP- Nicky Schrader (a) Selection of Country – Australia (Currently stores in the UK‚ Europe and some Asian Pacific nations) (b) Top Shop – Women Clothing and accessories TopShop currently export to Australia only through their online orders from their website and therefore would look to establish stores‚ franchises within Australia. Core competencies of the business At forefront of fashion at reasonable prices Product description and target market Topshop on top - gaps in
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The PEST or PESTLE Analysis templates PESTLE analysis template Other than the main headings‚ the questions and issues in the template below are examples and not exhaustive - add your own and amend these prompts to suit your situation‚ the experience and skill level of whoever is completing the analysis‚ and what you aim to produce from the analysis. The context upon which a PESTLE analysis is undertaken can help to determine how to interpret facts and information discovered. |PEST/ PESTLE Analysis
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Topshop is a British chain of clothing stores that operates in more than 20 countries. It is part of the Arcadia Group‚ which also owns a number of other retail outlets including Burton‚ Dorothy Perkins‚ Miss Selfridge and Wallis. Its primary sales come from a range of products including clothing and fashion accessories‚ and is mainly known for its women’s clothing‚ with Topman having been created in the late 1970s to cater for male customers. The business has also expanded into the online fashion
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edge‚ highly fashionable styles with affordability by introducing new products and services in various countries worldwide under the new company called ‘TOPSHOP plus’. Realizing the importance of doing so‚ after repositioning itself‚ Top Shop will embark upon a carefully planned journey of simultaneous product and market development strategy as ‘TOPSHOP plus’ Be it Kate Moss’s exclusively introduced designer range‚ in-store ambiance‚ Style Advisor service or its sponsorships for the young and aspiring
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PEST ANALYSIS The global apparel market is a consumer-driven industry. Also‚ globalization and new technologies have allowed consumers to have more access to fashion. As a result‚ consumers are changing‚ competition is fierce‚ and companies are evolving to meet these demands. The company was founded in 1975 by Amancio Ortega in Spain. Trendy clothing brand Zara is known around the world for dressing men‚ women and children in a sexy retail environment that feels a lot more expensive and exclusive
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