BUS 448c: International Strategic MNG Project 2: Corporation Research Makhina Mirzoeva Olga Yeremenko Natalya Amirova Rustem Ashyrov
Hennes&Mauritz family
presence Egypt Morocco China Hong Kong Saudi Arabia Japan Israel UAE Malaysia Thailand Lebanon South Korea Singapore Kuwait France Spain Netherlands Poland Norway Denmark Italy Switzerland Austria Belgium Finland Russia Jordan Oman Slovenia Bulgaria Luxemburg Lithuania Latvia Estonia Romania Hungary Portugal United Kingdom Sweden Serbia Check Republic Canada Mexico Chile Greece Turkey Ireland Croatia Slovakia Philippines Germany Bahrain Qatar United States ChinaUSAChileLithuaniaSerbiaEstonia
divisions
products
brand competitors
News $27,692,280
Guest-designer collaborations November 2004 Karl Lagerfeld Nov 2005 Nov 2006 Viktor&Rolf
Guest-designer collaborations March 2007 Madonna November 2007
Guest-designer collaborations 2009 Matthew WilliamsonNovember 2009
Guest-designer collaborations December 2009Fall 2010
Guest-designer collaborations June 2011 November 2011
Guest-designer collaborations October 2012 Anna Dello Russo June 2012
Guest-designer collaborations Summer 2013 Beyoncé “Mrs. Carter in H&M”
competitors in Malta
PESTELPESTEL Political factors Malta – EU member Direct contact with government Foreign direct investment Economic factors Trade tariffs Exchange rates Recession Rising labor costs in Far East countries Social Factors Multilingual workforce Mediterranean culture and lifestyle Regional preferences Technological factors Online shopping M-commerce Environmental factors Energy efficiency Waste reduction Organic materials Legal factors Swedish legislation International law EU law Code of conduct Lobbying analysisanalysis
Market entry assessment Barriers to entry – moderate Capital required to enter the Maltese market is relatively low The government’s support for foreign investors Brand loyalty Franchising Recruiting new management and employees locally
Target Market Most urban population 8 months - 35 years (more than 60% of population) Consumer confidence increased Consumer spending increased Minimum wage in a middle grouping of EU countries Women, men, babies/toddlers, kids, teens, college to graduate students
Sample Persona: Kate Attitudes: Fashionable and trendy Confident in outfit choices and expression of trends Very up to date Recognize shopping as a social pleasurable activity mobile phones & magazines Her friends’ opinions are very important for her Needs: Seeking quality, fashionable clothing at bargain prices Strong desires to constantly update wardrobe
Unique features Provide fashion for conscious customers Make a new standard in the fashion industry: Ethical H&M’s collections include everything for women, men, children and teenagers. Ways to promote: Fashion outlets Celebrities (David Beckham Bodywear) Target consumer’s close circle of friends and family
Interest in H&M Maltese spend a high percentage of their household income on clothing and footwear Maltese people interested in fashion Online shopping 63% ; clothing 36% Brand awareness
Suppliers Independent suppliers =close longterm partners of H&M 800 independent suppliers, primarily in Asia and Europe H&M demands all suppliers agree to observe the legal rights of their employees There is a Bulebel
ZARA, Bershka, Pull&Bear
YES, H&M should enter the market- Malta
presence