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Success indicators in various fashion business models
(Textiles and fashion)
University of Borås, Swedish School of Textiles. (Textiles and fashion)
University of Borås, Swedish School of Textiles. (Textiles and fashion)
(Textiles and fashion)
2013 (English)In: Journal of Global Fashion Marketing, ISSN 2093-2685, Vol. 4, 74-92 p.Article in journal (Refereed)
Sustainable development
The content falls within the scope of Sustainable Development
Abstract [en]

The objective of this study was to analyze the business models of various fashion companies, based on their 2009 financial indicators, to understand how different operation models correlate with success and whether selected performance indicators monitor operational success. Based on their business models, the companies were classified as follows: brand retailers, brand marketers, luxury brands, and multi-brand retailers. Brand retailers with a high net profit margin and a rapid turnover of inventory were significantly more profitable than traditional multi-brand retailers. Luxury brand companies were another successful group. Though their stockturn was low, their net profit was high because of their unique design and high brand value. Brand marketers could adapt well to rapid changes, because their business was primarily based on intangible assets. Furthermore, multi-brand retailers showed the lowest financial ratios because of their slow stockturn and low net profit margin.

Place, publisher, year, edition, pages
Taylor & Francis Asia Pacific , 2013. Vol. 4, 74-92 p.
Keyword [en]
fashion business model, clothing, financial indicators, success factors, value chain, Textile management
National Category
Business Administration
Research subject
Textiles and Fashion (General)
Identifiers
URN: urn:nbn:se:hb:diva-1562DOI: 10.1080/20932685.2013.763476Local ID: 2320/12284OAI: oai:DiVA.org:hb-1562DiVA: diva2:869620
Note

Sponsorship:

KELANO Project - TUT FInland

Available from: 2015-11-13 Created: 2015-11-13

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CiteExportLink to record
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Citation style
  • apa
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  • ieee
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  • vancouver
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Language
  • de-DE
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  • nn-NB
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Output format
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