Monday, May 20, 2019

Padini

agnomen of the company Padini Holding Berhad 1. Picture 1 Padini Outlet Padini Holding Berhad engage with one of the most fat businesses activities which is investing in shopping mall and retail industry and brand outlet especially in garments and fashion accessories. Padini Holding Berhad already create their grocery store share in domestic and international train and some of the brand under Padini company is well known in fashion industry. Padini Holding Berhad dedicate a label of various brand in its yield and distributed to all outlet under its design local anaestheticly and even in orthogonal marketplace.There is many brand under Padini root word such(prenominal) as Vincci, Seed, Padini Authentics, PDI, Padini, P & Co, Miki Kids, Miki Mom and also many multi brands and some of the brand is already breach the foreign market such as Vincci/VNC, Seed and Padini Authentics. Picture 2 Padinis Product Padini Group usually involve in providing and production of practi cement service, dealers of garments, ladies shoes, children garments, maternity wear, bags and fashion accessories. All of this product beingness marketed under popular brand. 2.Brands-Foreign Only Location 2008 2009 Vincci/VNC Franchise StoreDealer Stores ASEANSaudi ArabiaUAE AustraliaOmanIndiaSyriaThailand 15184-14-11 19207-1-112 SEEDFranchise StoreDealer Stores Saudi ArabiaThailand 519 721 Padini AithenticsFranchise Store Saudi arabia 5 8 TOTAL 82 96 Table 1 The tables above provide a snapshot of the Groups retail network, broken down according to their brands and market in 2008 and 2009. chart 1 Chart 1 represents the percentage of income from two different market which is the domestic market and foreign market.For the financial division 2009, recorded Groups domestic operations accounted for 89% or nearly RM 425. 4 cardinal and the rest represent foreign market which is 11% and nearly RM 52. 5 million and both market contribute up to RM 477. 9 million. Exports for the year by the Group increase by some 31% or RM11. 9 million compared to 2008 and the total export value for year 2009 is up to RM50. 1 million. The ideal positive outcome is due to strong marketing strategy such as 1. The opening of unused outlet 2. Improving existing outlet 3. Extension of management 4. Adapt with consumers culturePicture 3 internationalization By using the foreign or international model to represent their product, Padini Group manage to breach the foreign market and catch a market share among the foreign nation and 11% of income from abroad can be considered as a positive outcome. 3. One of the main reasons why Padini Group is being accepted in the foreign market because of their observations through research and development to produce products found on consumers demand. Consumers demand usually being influence by their culture and comprise of lifestyle, income, weather and geographic somehow.For example for domestic market, Padini Group produce jersey based on loca l normal size whereby not too large and maybe a bit smaller compared to the foreign size of T-Shirt that produce by Padini Group. Due to hot weather in Malaysia, the substantive also a dry-fit material whereby can absorb liquid and allow air to flow through the material and make substance abuser feel more comfortable. The sense of acquiring brand also influences a person to buy product from Padini Group due to highly known branded garments retailer.By knowing that most of the consumers is from middle income grade and their adapt by offering an affordable price for a branded products. (example discounts) Picture 4 dodging to and adapt with local market Padini Group also done the similar approach to the foreign market by considering the size, lifestyle, weather, geographic and four season (summer, winter, autumn, spring) . Most of their foreign outlet is located in the Arabian nations which is highly known a hot weather country and in order to adapt with the local need and cultur e, Padini Group did produce product that make the Arabian consumers feel comfortable and stylish.

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