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UK lothing Retailers and Global Sourcing - Dissertation Example

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This paper “UK Сlothing Retailers and Global Sourcing” provides an insight into the UK fashion clothing business. It analyses the major factors responsible for the success of a small business set up in this industry by illustrating some of the real business cases in the UK…
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UK lothing Retailers and Global Sourcing
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Download file to see previous pages The competition is increasing heavily every day as the business grows. In this sector, most companies are going overseas due to uprising effects of globalization and the cost advantage factor in the third world countries. Although it is frighteningly hard for a small company to find a place for itself in the market and show up to customers, it is also a fact that of all the companies belonging to fashion clothing sector, most of the companies are small having 25-30 or even sometimes less than 10 workers. Hence, here a question arises as to how some companies despite being smaller tend to show up more quickly and attract customers in the presence of other large companies in the sector. It is apparently a hard job, but not at all impossible. A small business can also reach its goals in the fashion clothing industry if it is determined to do so and has an eye for recognizing the needs and demands of its customers. Anyone observing the recent growth of fashion clothing business in the UK would definitely aspire to set up his own such business and take part in the race. The major factor that hinders such a thought is the presence of huge giants in the business that have already acquired a position in the market for themselves, challenging all the small companies that are on their way to get off the ground. But then, competition is the essence of any business and success is worthwhile for those who achieve it with great difficulty. Although the success is supposed to follow after all great efforts, the key for any company willing to make a position for itself in the market is to have an eye for spotting the current needs of the customer.  ...Download file to see next pagesRead More
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