Tuesday, January 29, 2013

Chapter 6 Competitive Situations


6.1 Direct Competitors
6.1.1  B.U.M Equipment

Founded in the U.S.A in 1986, B.U.M Equipment’s all American heritage is reflected in the apparel and merchandise that capture the essence of American college lifestyle. The B.U.M range consists of Young Men, Junior (young women) and Li’l B.U.M (for kid aged 4-12). Locally, B.U.M Equipment has been in the Malaysian market since 1993. Besides apparel, the label also offers innerwear, Timepieces, Eyewear, Leather Goods (wallets, purses, handbags, belts), Bags (backpacks and sports bags) and Footwear (socks)

Founded          :1986
Headquaters    : Seattle, USA
Similarities      : Provide same range of unisex fashion products
Strength          : Strong brand image and good quality of product
Weakness        :More expensive than Forest.

6.1.2 Cheetah

Cheetah is one of the key player in the local industry with 40% market share in the local market(According to their corporate video). Their proposition is convenient, good quality, good variety and affordable.  

Founded          :1979
Headquaters    :Seri Kembangan, Selangor Malaysia
Similarities      :Sell wide range of clothing at an affordable price besides targeting the same                                   target audience.
Strength          :Good quality of product at affordable Price
Weakness        :Poor sense of design in their product.

6.1.2 Diesel

 Diesel is all about Style Clash, a concept perfectly defining the experimental & original attitude that suits the local & international culture. Diesel produce a wide range of clothing collection majoring in knit top, woven mixed and denim wear which follows the trend & influence from all over the world, focused on innovative design. This philosophy is not only for the garments, but in Diesel stores which distribute nationwide in boutiques & departmental stores. This reknowned brand brings you great club or weekend wear for both young men and women. A hip label for the bold and daring, and for those who want to stand out from the crowd, Diesel’s cutting-edge, street-style designs are for the trend-setting individual. Diesel offers apparel, innerwear, carrywear and other accessories.

Founded          : 1978
Headquaters    : Molvena, Italy
Similarities      : Provide same range of unisex fashion products
Strength          : Strong brand image and good quality of product
Weakness        :More expensive than Forest. 


6.2 Indirect Competitors
6.2.1  F.O.S

Factory Outlet Store, or better known as F.O.S, is an established clothing retail chain in the local fashion industry. The inaugural opening of its outlet in Sunway Pyramid back in 1997 marked the birth of F.O.S. From that single outlet in Sunway Pyramid, F.O.S has grown to a total of 40 outlets to date throughout major shopping complexes in Malaysia with plans for further expansion.

The concept of the outlet is to make available a wide range of clothing and associated accessories at an affordable price, and to create the right environment for customers to shop with ease and comfort.

Founded          :1970
Headquaters    :Malaysia
Differences     :FOS focus on retailing business.
Strength          : Locally established, affordable
Weakness        : Not consistently having Asian cutting measurement

6.2.2 Reject Shop
  
Reject Shop is a home grown Malaysian chain store which focuses on retailing global branded garments which are off-season stocks, discontinued stocks together with Metrojaya's own developed good quality merchandise at great value low prices.
Well known brands from the USA, Europe and Australia find their way onto the shelves of Reject Shop, enabling the store to offers men, ladies, and children apparel across a full range of sizes. Since its introduction in 1990, Reject Shop now operates a nationwide chain of stores and outlets at leading shopping locations throughout Malaysia.
  
Founded                      : 1990
Headquarters               : Kuala Lumpur, Malaysia
Differences                 : Provide retailing branded garments which are off-season,                                                                 discontinued stocks or late order cancellation stocks.
Strength                      : Well known local brand, big amount of outlets.
Weakness                    : Do not have Asian cutting measurement



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