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Ferragamo

After reviewing the facts of your situation I am making a strong recommendation for you to reconsider becoming a full line luxury house. Instead, I suggest you narrow your focus to men and women's shoes, and concentrate your efforts on differentiating these shoes from competitors, which is where your advantage lies.

The rational behind narrowing your market is based on a two-fold strategy: product and distribution. In terms of product, 1989 sales figures show that men and women's shoes account for about 70% of total sales, and when this figure is broken down into individual markets the number is even greater (e.g. US shoes were 82.3% of total sales). Furthermore, knowing tha



Some common words found in the essay are:
, department stores, continue producing quality, total sales, bargaining power, producing quality, continue producing, women's shoes,
Approximate Word count = 459
Approximate Pages = 2 (250 words per page double spaced)


  

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