than fashionable up-to-date trends such as ZARA and H&M, Uniqlo's performance in the apparel industry should be highly acknowledged and the success factor of Uniqlo will be dealt with in the later parts of this paper.
Ⅰ.2. SPA Business Model
SPA is the acronym form of the term Specialty Store Retailer of Private Label Apparel. The acronym SPA is the combination of the words Specialty
1947, to a global company offering fashion for the whole family, and their home, under the brand names of H&M, COS, Monki, Weekday, Cheap Monday and H&M Home.
-2012 H&M plans to open in Bulgaria, Latvia, Malaysia, Mexico and via franchise in Thailand. COS to open in Hong Kong, Italy, Finland and via franchise in Kuwait. H&M to introduce e-commerce in the US.
(2) H&M’s business concept
-H&M
agriculture, hotel, real estate, paper industry, power plant, public enterprise, resorts, golf fields, real estate managing and apartment lease, and placed in 60th and 64th among ‘500 International Chinese Corporations’ respectively. However, as Southeast Asian economy was hit by the economic crisis of 1997, most of the Chinese companies also got into deep recession.
3. Thailand
1997-98 Asian financial crises. Korea's gross domestic product (GDP) expanded at its slowest rate in four years in the third quarter, raising fears that Asia's fourth largest economy is entering a recession.
② Small Foreign Exchange Market
The won-dollar rate has been extremely volatile in recent months, having a negative impact on businesses and households. Many say a relatively small for
models. Both the PS and the Sega Saturn sold over a million copies within 6 months and produced a synergy effect. This is because both companies reduced prices competitively and attained killer soft, and built a rival relationship that sparked news interest from consumers.
After sales began, PS was established at an adventurous price of 39,800 yen and while being distributed throughout the wor