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WORLD RETAILING

WORLD RETAILING. United States. Current Population 303,026,362 50 States More Women than Men. Top 5 US Retailers. Wal-Mart Home Depot Kroger Target Costco. My City: Corvallis, OR. Popular Retailers Fred Meyer Bed Bath & Beyond Safeway

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WORLD RETAILING

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  1. WORLD RETAILING

  2. United States • Current Population 303,026,362 • 50 States • More Women than Men

  3. Top 5 US Retailers • Wal-Mart • Home Depot • Kroger • Target • Costco

  4. My City: Corvallis, OR • Popular Retailers Fred Meyer Bed Bath & Beyond Safeway Small Boutiques: Urban Laundry, Kaari K, Zooey’s Melhalfs, Miss Meers, Footwise Inkwell Dollar Store Ross Dress for Less Starbucks *

  5. Popular Brands * The 100 Top Brands of 2006, According to Business Week 1 CocaColaU.S.  2 MicrosoftU.S.  3 IBMU.S.    4 GEU.S.    5 IntelU.S.   6 NokiaFinland   7 ToyotaJapan   8 DisneyU.S.   9 McDonald’sU.S.   10 Mercedes-BenzGermany  • Our Popular Brands • Nike • Adidas • Levi’s • Apple • Gap • Starbucks • L’Oreal • Estee Lauder • Johnson & Johnson

  6. Average Costs • T-shirt =Average price of an imported T-shirt: 1996: $2.14 2000: $1.93 2004: $1.69 2005: $1.59 2006: $1.51 Average Retail Price : About $12.95 • Jeans = From Regular to Designer, average is from $25 to $400, Most people who buy regular spend about $30, most people who buy designer spend about $90. • Milk = $2.59 per gallon • Bread = $1.80 a loaf

  7. Store Layout & Design

  8. E-Tailing / Internet Shopping • A U.S. Department of Commerce survey has found that more than half the U.S. population is now connected to the Internet. In addition, 39 percent of Internet users are making purchases online. • Most Popular users are 25 to 44 years old. • TOP 5 Retailing Sites for the week ending 10/20/2007 1. www.amazon.com 2. www.half.ebay.com 3. www.walmart.com 4. www.target.com 5. shopping.yahoo.com

  9. Future of Retailing • Lifestyle Centers • Popularity of Fast Fashion • Increase in Internet Shopping • Increase in Destination Shopping • Convenience Retailing

  10. Clothing retailers in China Di, Wu Kai, Wang

  11. Clothing retailing store density

  12. retailers

  13. Favorite retailers • Metersbonwe Group is China's leading casualwear apparel company. Metersbonwe opened their first store in Wenzhou on April 22nd, 1995. By the beginning of 2007, the company operates around 1,800 stores across China and has over 5,000 employees. In 2006 the Group's retail sales exceeded RMB 4 billion, making Metersbonwe the largest casualwear retail brand in the country. The company targets 18-25 year old male and female consumers. Their corporate slogan is "Be Different". • Metersbonwe was created by President and Founder, Mr Zhou Chengjian. In the early 1990s he ventured to Wenzhou after borrowing 200,000 yuan (US$24,691). He worked everyday selling clothes in the daytime and tailoring clothes in the evening. In 1992 he tailored thousands of winter coats for other factories and started to make enough to build his own brand. • By using franchisees and building a strong team of French and local designers, the company grew by more than 30% every year. The brand quickly catered to the needs of a young and increasingly fashion conscious consumer base. By focusing on good quality and reasonable prices, the company gained increasing popularity. • The company invited TaiWan star Jay Chou to become the brand's image ambassador in 2003. As a result, MetersBonwe became the best selling brand for the year 2004, evaluated by the China National Garments Association. In 2005 its annual earnings with the sale of the brand's clothes netted some 3 billion yuan (US$370 million). • In its new Shanghai Headquarters, opened in late 2005, the company opened a fashion museum for the public. In the museum, there are ancient and ethnic costumes and accessories, many not even found in national museums. Some parts of the collection will now be relocated to a new store opening up in late 2007 on Nanjing Road in Shanghai.

  14. Favorite retailers (cont.) • Giordano is a Hong Kong retailer of affordable casual wear for men, women and children. Founded in 1981 by Jimmy Lai (who no longer owns the company), it has 8,000 employees in 1500 stores operating in 31 countries worldwide. • Its current chairman and CEO since 1996 is Peter Lau, a Canadian Chinese. Giordano is based in Bermuda (with principal operations in Hong Kong) and trades on the Hong Kong Stock Exchange as 709.HK. • Giordano specializes in merchandising economic quality clothes ranging from T-Shirts, Long Sleeve Shirts and denim jeans. Giordano is well known for being the pioneer in customer service in Asia apparel retailing. • Giordano Ladies, a sub-brand established in 1996, has been instrumental to upgrading the unisex brand from a budget image to a more fashion oriented apparel retailer similar to The Gap.

  15. Favorite retailers (cont.) • Esprit Holdings Limited is a publicly owned manufacturer of apparel, footwear, accessories, jewellery, and housewares, under the ESPRIT label. The company is headquartered and managed from Kowloon, Hong Kong and Ratingen, Germany. The company has stores in more than forty countries. The ESPRIT brand name is also licensed to other manufacturers. In addition, the Group owns the Red Earth cosmetics brand. The brand was particularly popular in the 1980s (Especially with suburban teenagers). It still remains quite popular with people of the middle income classes, due to its purified and classy image, especially in Germany, which is the biggest single market for the brand. • The company was started in San Francisco in the 1960s by Susie Russell (now Susie Tompkins Buell) and her then-husband, Douglas Tompkins, the founder of The North Face. They were joined in 1971 by Michael Ying. The couple divorced in 1989, and Mr. Tompkins sold his shares in 1990. Later, the Esprit Far East Group bought the other divisions and formed Esprit Holdings Limited in Hong Kong. The company acquired Red Earth in 2001. • Ex-president Michael Ying stepped down Executive director in 2002 and subsequently resigned as the Chairman in 2006. • The company is listed on the Hong Kong Stock Exchange and is a component of the Hang Seng Index. It has been a listed company in Hong Kong since 1993 and has had a secondary listing on the London Stock Exchange since December 1998.

  16. Market target Targeted at ages 18 through 22 Targeted at ages 20 through 30 teenage kid adult

  17. Price Metersbonwe T-shirt:$10~15; Jeans:$25; Outerwear:$40~60 Giordano T-shirt:$10~20; Jeans:$25~30; Outerwear:$60~80 Esprit T-shirt:$20~30; Jeans:$60~100; Outerwear:$80~300 Per capita income list by the International Monetary Fund (2006): China mainland $7,722 Hong Kong $38,714 U.S $43,223

  18. Types of store: Chain store Department store ShoppingMall

  19. E-tailing • http://www.espritshop.com/index_us_GG1_A1.htm • http://hk.e-giordano.com/?cluture=zh-hk&lang=SC • http://www.amazon.cn/ • http://www.eachnet.com/

  20. Future • Quality First • Great variety • Comprehensive Design Principle • Selling on-trend product • At mess price • E-tailing

  21. Korea • 99600 ㎢ (Oregon state: 251000 ㎢) • Population: 48.3 million (2006) • GDP: 786 billion dollars (2005)

  22. Korean Retailing • Supermarkets • Convenient Stores (CVS) • Traditional markets • Online & home shopping • Department stores • Private branded hive type stores (PBH) • Discount stores -> Hypermarkets

  23. Top 5 retailers (2003)

  24. Changes in the number of stores in each retail business category from 1996 to 2005

  25. Hyundai Department Store (My city: Seoul)

  26. Popular Brands • Apparel Brands We buy • - Ralph Lauren - Theory, Juicy Couture.. - Korean brands - Premium Jeans - Luxury brands The 100 Top Global Brands 2006 (BusinessWeek)

  27. Average Costs

  28. Store layout / designDepartment store

  29. Store layout / designDepartment store

  30. Store layout / designDiscount store

  31. Online Shopping • Apparel: Small & Unknown brands - Owned by individuals • G-market ( = Amazon.com), Wizwid.com • http://www.giordano.co.kr/newindex.asp?mart_id=giordano • http://www.liphop.co.kr

  32. Conclusions • Growth of discount stores • Growth of online shopping • Luxury brands continue to be popular

  33. Ban desh gla Presented By Mohammad Touhid Hossain

  34. Country Overview • Population : about 150 Million(July 2006 est.) • Area: 143,998 sq km (55,598 sq miles) • Capital and largest city: Dhaka • National Language: Bangla/ Bengali, English • State Religion: Muslim 83%, Hindu 16%, other 1% (1998) • GNI per capita: US $470 (World Bank, 2006) • Life expectancy: 62 years (men), 63 years (women) (UN) Source: BBC News Country profile: Bangladesh • Came into existence late in 1971 after a nine-month long war of Independence against Pakistan

  35. Country Overview Cont. • In Southern Asia, bordering the Bay of Bengal, between Burma and India • Slightly smaller than Iowa / slightly greater than the state of New York. • Bangladesh's capital city: Dhaka - located in the central part of the country. • Agriculture and labor-intensive manufacturing remain the 2 major pillars of the Bangladeshi national economy • Bangladesh is best placed in the region for textiles and garments industry due to cheap labor and favorable trade status with the EU

  36. Region/Country Individualism- Collectivism Power/ Distance Uncertainty/Avoidance Masculinity- Femininity USA High Individualism Low Low/Medium Feminine Bangladesh ( ranked based on India, Pakistan) Collectivism High High Masculine Analyzing two cultures with Hofstede: USA and Bangladesh • Large degree of Power Distance (Bangladesh)- People accept a higher degree of unequally distributed power, privileges and status symbols are normal and Popular • Collectivism (Bangladesh) - “WE” instead of “ I ”, group goals are more important than personal goals. • Large degree of Masculinity (Bangladesh) -  Oriented towards values such as the importance of showing off; achieving something visible, or making money predominate • High degree in uncertainty avoidance (Bangladesh)- need for structure, clearly defined rules, consensus, harmony and security.

  37. Need comparison: USA and Bangladesh • Significant differences • between American and • Bangladeshi • people’s • expectations • The 31th largest economy in the world as measured by purchasing power parity (PPP) • UNITED STATES # 3 • BANGLADESH # 31 • Quality-of-life index 2005 • UNITED STATES # 13 • BANGLADESH # 77

  38. My city Dhaka – The capital - Center of political, cultural and economic life in Bangladesh - Dhaka “ currently the world's 11th-largest city with 12.3 million people”

  39. Most Expensive Cities in the World 1 Oslo, Norway2 Tokyo, Japan28 New York 121 Dhaka, Bangladesh122 New Delhi, India Global City GDP Rankings 2005 GDP in US $ bn1 Tokyo Japan 1191 2 New York USA 1133 82 Dhaka Bangladesh 52 My city Dhaka – The capital

  40. Top Retailers and Shopping malls Bashundhara City Complex – The Biggest Shopping Mall in South Asia ( 2500 shops, a massive 20-storey complex)

  41. Top Retailers and Shopping malls cont. • Up to 25,000 people a day have been visiting the first Western-style shopping mall in Dhaka • It took six years to build

  42. Top Retailers and Shopping mall cont. Store Layout and Design • The Biggest Shopping Mall in Bangladesh is comprised of Supermarket, Multi Screen Cinemas,Theme Park, Fitness Centre, Swimming pool ,Food Court ,Offices and Business centre

  43. Top Retailers and Shopping mall cont. Store Layout and Design • Bashundhara City (12th biggest in the world) has been built in the center of Bangladesh's capital at a cost of more than $100m • Never forget to visit it while being in Dhaka

  44. AARONG • Leading fashion house that has revived the traditional arts and crafts of Bangladesh • Huge range of exciting products- from traditional and western attire to household goods to shoes and bags, jewelry and personal accessories Top Retailers and Shopping malls cont.

  45. Dhaka New Market • No matter what you are looking for , • you will find here Top Retailers and Shopping malls cont.

  46. Top Retailers and Shopping malls cont. Shopping malls in Dhaka Navana TowerMetro Shopping Complex

  47. Top Retailers and Shopping malls cont. Shopping plazas everywhere popping up - all over the Dhaka city

  48. Top Retailers and Shopping mall cont. Aarong in Dhaka Aarong store in UK • Local Mecca for deshi handicraft • The women Aarong employs are among the country’s most disadvantaged

  49. Trends and Fashion in Dhaka

  50. Trends and Fashion in Dhaka cont. • Sari or saree is the traditional female garment in Bangladesh

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