Giordano

GIORDANO We are committed to provide our customers with value-for-money merchandise, professionalcustomer service, and a comfortable meet experience at convenient locations. Giordano s Corporate heraldic bearing Giordano is a retailer of casual clothes in east Asia, southeastern United States Asia, and the Middle East. In1999, it operated outlets in China, Dubai, Hong Kong, Macao, Philippines, Saudi Arabia,Singapore, confederation Korea, and Taiwan. Giordanos sales grew from HK$712 one million million million in 1989 toHK$3,092 million in 1999 (see Exhibit 1). This case scan describes the benefit factors thatallowed Giordano to grow rapidly in some Asian countries. It looks at three imminent issues thatGiordano faced in maintaining its success in existing markets and in its plan to enter in the knock about marketsin Asia and beyond. The first concerns Giordanos placement. In what ways, if at all, shouldGiordano transform its current lay? The second concerns the c ritical factors that havecontributed to Giordanos success. Would these factors remain critical over the penetration years?Finally, as Giordano seeks to enter new markets, the third issue, whether its hawkish strengthscan be transferred to other markets, needs to be examined.Giordano was founded by hold dear Lai in 1980.

To give his venture a more polish image, Lai picked an Italian name for his retail chain. In 1981, Giordano started in Hong Kong change casualclothes manufactured predominantly for the United States market by a Hong Kong-basedmanufacturer, the Comitex Group. Initially, it focused on wholesale trade of high-marginmerchandise under the G! iordano firebrand in Hong Kong. In 1983, it scaled back on its wholesaleoperation and started to mess hall up its own retail shops in Hong Kong. It also began to attach itsmarket by distributing Giordano merchandise in Taiwan through a joint venture. In 1985, itopened its first retail outlet in Singapore.However, in 1987, sales were low and the business became unprofitable. Lai realized that the priey retail...If you bring up for to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper