Improved profitability of companies operating in china.

Description

buss 4 aqa a level business
katiealex19
Mind Map by katiealex19, updated more than 1 year ago
katiealex19
Created by katiealex19 about 10 years ago
61
1

Resource summary

Improved profitability of companies operating in china.
  1. STARBUCKS
    1. According to its latest quarterly report, Starbucks (SBUX, Fortune 500) saw a 30% year-over-year jump in revenues from its Asia-Pacific region, lifted by outstanding sales in China.
      1. Starbucks' solid sales growth in the region was driven by the 500 new stores it opened there last year, and its Asian expansion plans aren't slowing down.
        1. In the last five years, overall retail coffee sales in China climbed by 10%, beating growth in Hong Kong, Japan and the 3% global average, according to data from research company Euromonitor International.
          1. Starbucks said its marketing strategy in China is similar to that of its Western markets. It continues to focus on its core food and beverage products while also offering other locally oriented choices.
          2. BURBERRY
            1. Burberry: UK fashion brand Burberry has reported a larger-than-expected rise in annual profits, helped by a strong performance in Asia.
              1. Revenue grew between 2012- 2013 by 20%. Total revenues for the year rose by 8% to £2bn.
                1. Burberry emerged as a winner among Western brands in the Far East. Its robust growth contrasts with more cautious recent comments on the region from fashion rivals.
                2. JAGUAR LAND ROVER
                  1. In 2013 The Jaguar XJ has also delivered another veryIn 2013 The Jaguar XJ has also delivered another very strong month, up 50% with sales growth in almost all major regions. Jaguar demonstrated strong growth in all of the major regions: the China Region up 278% strong month, up 50% with sales growth in almost all major regions. Jaguar demonstrated strong growth in all of the major regions: the China Region up 278%
                    1. JLR’s positive results in China also contrast with those of Bentley, which last week said sales had fallen 3 per cent in the region amid a recent crackdown on exuberant spending and ostentatious purchases.
                    2. TIFFANY & CO.
                      1. ‘Other luxury brands that are doing well in China include jeweller Tiffany & Co, which has benefitted from the rising demand for diamonds among couples’ An slow increase in the population of China increase the percentage of relationships giving Tiffany & Co the opportunity to invest in their diamond designed jewellery.
                        1. Tiffany is the latest Western brand to report good sales there. Prada SpA (1913.HK) and Coach Inc (COH.N) recently posted big gains in the world's fastest-growing market for luxury goods.
                          1. Sales at stores open at least a year in Asia, except for Japan, rose 13 percent in the second quarter ended July 31, helped largely by China.
                            1. Sales in Asia outside Japan now account for about 22 percent of overall revenue, compared with 11 percent five years ago.
                            2. CHANEL
                              1. Chanel came third in China's 2013 World Luxury Index, beaten only by Audi and BMW
                              Show full summary Hide full summary

                              Similar

                              Market Positioning
                              Helen Rennie
                              Microeconomics year 1
                              Nkolika Ezepue
                              Business Aims and ICT Strategies
                              scrt
                              BUSS 2 - People in Business
                              Sophie Davis
                              Forms of Business Ownership Quiz
                              Noah Swanson
                              Using GoConqr to teach French
                              Sarah Egan
                              Using GoConqr to teach science
                              Sarah Egan
                              Using GoConqr to study geography
                              Sarah Egan
                              Using GoConqr to study Economics
                              Sarah Egan
                              Using GoConqr to study English literature
                              Sarah Egan
                              Using GoConqr to learn French
                              Sarah Egan