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Global Fashion Business Summary

Global Fashion Business: International Retailing, Marketing, and Merchandising by Dr. Byoungho Ellie Jin (North Carolina State University, USA)

In todays climate, bringing your fashion brand to new international territories is more challenging than ever. In Global Fashion Business, Byoungho Ellie Jin helps you to take this next step. Diverse examples from large and small companies, developing and developed countries, and online and offline retailers set a precedent for overcoming economic, cultural, legal, and regulatory obstacles. Practical approaches also outline methods of marketing and retailing, while chapters on topics including pricing, entry market selection and product development combine to cover everything you need to know to take your business further than ever before.

Global Fashion Business Reviews

A very comprehensive text, which makes a positive contribution to the subject knowledge of fashion business, offering a truly global viewpoint. From a teaching viewpoint, pedagogic features are excellent, providing opportunities for lecturers to draw upon the case studies and suggested class activities to engage students in quality discussions. -- Ruth Marciniak, Glasgow Caledonian University, UK

About Dr. Byoungho Ellie Jin (North Carolina State University, USA)

Byoungho Ellie Jin is the Albert Myers Distinguished Professor in the Department of Textile and Apparel, Technology and Management at North Carolina State University, USA. Her contribution to the global fashion marketing and branding discipline can be found in more than 140 journal articles and numerous funded research projects. She is the co-author of Fashion Business (2002) as well as Brands Rule the World (2015), and co-editor of Fashion Brand Internationalization (2016), Fashion Branding and Communication (2017) and Process Innovation in the Global Fashion Industry (2019). Dr. Jin served as president of International Textile and Apparel Association (ITAA) in 2021.

Table of Contents

Part I: An Overview 1. Nature of Global Fashion Business The characteristics of fashion business The status of fashion brand internationalization Fashion brand internationalization: Motivators, Enablers, and Benefits Trends that affect the scope and speed of fashion brand internationalization Case study 1.1. Beaucres Timely Entry into China in 1999 Case study 1.2. Antas ascent to the worlds 9th largest sportswear company Summary Class Activities References Appendix 1. Top 250 Global Retailers 2022 Appendix 2. Global fashion industry: Size, growth, and potential by region Appendix 3. Apparel and footwear market Sizes by region: 2016-2026 2. Global Fashion Marketing Strategy Global fashion marketing defined Global marketing strategy Inherent challenges associated with global fashion marketing Case study 2.1. Macys Exit from China Summary Class Activities References Part II: Global Environments Affecting Fashion Business 3. Economic Environment of Global Markets: Why and How it Matters Economic development level: Classification and General characteristics of each category Characteristics and challenges of retail markets by a countrys economic development level Implications of economic environment on global fashion marketing Case study 3.1. An Overview of China: It will be a mistake to view China as one country Case study 3.2. Strong Prospects of Indias Apparel Market Summary Class Activities References 4. Cultural Environment and its impact on global fashion business Defining culture and cultural elements Halls cultural dimensions and its implication on fashion business Hofstedes cultural dimensions and its implication on fashion business Other cultural frameworks Implications of cultural environment on global fashion marketing Case study 4.1. Two Boycott cases: Muslims against Danish brands and Chinese against Dolce & Gabbana Case study 4.2. Why are second hand markets not thriving in China? Summary Class Activities References Appendix 1. Dolce & Gabbanas advertisement accused of racism in China Appendix 2. Dolce & Gabbanas apology 5. Legal and Regulatory Environment: Playing by the Rules Government regulation on retail sector Intellectual property issues in the global fashion industry Red tape, bribery and corruption: Implications for global fashion companies Case study 5.1. Ralph Laurens Bribery in Argentina Summary Class Activities References Appendix 1. Corruption Perceptions Index Part III: Assessing Global Market Opportunities 6. Internationalization Theories Internationalization process model Ownership-Location-Internalization (OLI) model Transaction cost analysis framework Network model Case study 6.1. Why Targets First Internationalization Failed Summary Class Activities References 7. Where to Enter: Entry Market Selection Decision Entry market selection approaches: Systematic vs. Non-systematic Host country factors that affect fashion firms entry market decision Firm factors that affect entry market decision Case study 7.1. Havaianass Flip-flops: From a Commodity to a Premium Product Summary Class Activities References 8. How to Enter: Entry Mode Decision Market-entry choices Factors related to entry mode decisions Implications for fashion companies Case 8-1. Two Sides of Licensing: The Case of Burberry in Japan Case 8-2. Macys Exit from a Joint Venture with Chinas Fung Group Summary Class Activities References Part IV: Developing Global Marketing Strategies 9. Brand Management for Global Markets Types and benefits of global brands Strategic global brand management process Consumer culture positioning strategy Country of origin and country image for global fashion brand management Case 9-1. Tommy Hilfigers different positioning across countries Summary Class Activities References 10. Product Development for Global Markets The importance of offering products and services suitable for the global markets Developing culturally appropriate products Product localization approaches for global markets Case study 10.1. How Gentle Monster Achieved its Wild Success Summary Class Activities References Further reading 11. Pricing for Global Markets Taxes and tariffs on imported goods Price escalation and how to minimize its effect Approaches to pricing for global markets Factors that affect pricing decision Parallel imports and its implications for global fashion companies Implications for global brand brands Case study 11.1. Cross-border Shopping and Luxury Fashion Case study 11.2. Chanel handbag pricing Summary Class Activities References 12. Retail and Distribution for the Global Markets International distribution channel decision International distribution channel configuration Digital distribution: Opportunities and Challenges in the global marketplaces Challenges in developing countries: Payment and Logistics challenges Case 12-1. WeChat and Mobile Shopping Channel in China Summary Class Activities References 13. Communications and Advertising to Global Consumers Global advertising: Standardization vs. Adaptation Cultural implication of international advertising Regulations and challenges related to advertising across countries Case study 13.1. Gymsharks Impressive Rise: Social Media and Brand Community Strategies Summary Class Activities References Further reading. Burberry ad in China Appendix 1. Shiseido advertisement on Instagram Appendix 2. Pumas Run the Streets campaign: US vs. Korea Appendix 3. Patagonia Houdini Jacket ad: Individualistic vs. Collectivistic culture Appendix 4. Estee Lauders advertisements: Masculine culture vs. Feminine culture Appendix 5. Clarks advertisements: Saudi Arabia vs. Kuwait Appendix 6. Yves Saint Laurents banned Ad in the U.K. Appendix 7. Miu Mius banned advertisement in U.K. Appendix 8. Lancomes banned advertisement in the U.K.

Additional information

NGR9781350180185
9781350180185
1350180181
Global Fashion Business: International Retailing, Marketing, and Merchandising by Dr. Byoungho Ellie Jin (North Carolina State University, USA)
New
Paperback
Bloomsbury Publishing PLC
2024-08-08
272
N/A
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