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商品編號: 9-713-508 出版日期: 2013/05/30 作者姓名: Wells, John R.;Danskin, Galen 商品類別: Other 商品規格: 29p 再版日期: 2014/03/05 地域: United States 產業: Apparel accessories;Apparel industry;Retail and consumer goods;Retail trade 個案年度: 1969 - 2000
商品敘述:
From humble beginnings as a Levi jeans store, by 2000 Gap, Inc. had grown to become the world''s leading specialist clothing retailer. Its CEO, Millard S. Drexler, the "merchant prince," was credited with transforming Gap into a global empire, leading the company through eighteen years of 21% p.a. growth to reach sales of $13.6 billion in 2000. Gap had expanded to 2,848 stores under its three brands: Gap, Banana Republic, and Old Navy, and controlled 6% of U.S. apparel sales. Drexel had also pushed Gap through a global expansion program, and international accounted for 12.5% of total sales in 2000. But as Gap entered the new millennium, dark clouds were building on the horizon. While sales in 2000 were up nearly 18% over the previous year, operating profits fell by 20%, only the second profit fall since 1984. Gap found itself plagued with concerns about fashion misses, logistics failures, the departure of senior managers, and increased foreign competition. New fast-fashion competition in the form of Inditex, H&M, and Club Monaco threatened Gap''s market share both domestically and abroad. Drexler remained confident of recovery and promised to fix infrastructure problems and recent fashion misses while expanding the high-growth GapBody and BabyGap concepts. Would these changes be enough to keep Gap competitive in a new retail era?
涵蓋領域:
Business growth;Change management;Competitive strategy;Employee performance management;Globalization;International business;Management;Managing uncertainty;Marketing;Performance indicators;Problem solving;Profitability;Risk management;Strategy
相關資料:
Case Teaching Note, (5-721-518), 14p, by John R. Wells
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