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HOW CAN A BUSINESS DEMONSTRATE ITS RESPONSIBILITIES TODAY - Assignment Example

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The essay explores how can a business demonstrate its responsibilities today in fashion retailing in Europe. Corporate Social Responsibility (CSR) is defined as spending small amount of money for long term which will not provide any instant financial benefit to the firm…
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HOW CAN A BUSINESS DEMONSTRATE ITS RESPONSIBILITIES TODAY
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Download file to see previous pages The essay "HOW CAN A BUSINESS DEMONSTRATE ITS RESPONSIBILITIES TODAY " analyzes demonstrating the responsibilities of business in the fashion retailing in Europe. Firms hold a lot of authority and power in the social and national economy. They have lot of investments, assets and millions of cash for social programs. Some companies invest in corporate responsibility but most of them devote their time and wealth for environment sustainable growth, social welfare programs to benefit colleagues, customers, employees and the whole community at large. In this paper, the issues of CSR, its best practices and importance for this sector will be evaluated and necessary recommendations will be provided. Fashion retailing is a concept in which business skills and creativity is being combined to market, display and sell fashion in different areas. Its main objective is to satisfy and meet the consumer needs from time to time and accordingly increase sales. This can only be possible if awareness is maintained throughout the time, to keep learning the new style, to launch and promote various campaigns at various places. The top fashion and clothing retailers in Europe are H&M, Arcadia, Inditex, Benetton, Marks & Spencer, Esprit, C&A, Debenhams, Primark, Next. There are more than 2150 fashion retailers in Europe. Brands like Abercrombie & Fitch, Hollister, Forever 21, Uniqlo excites European consumers mind and heart. Europe’s fashion industry is running by the brands named Inditex group, Dutch Company C&A. ...Download file to see next pagesRead More
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