This report will examine Just Group Ltd, the number one market leader in fashion and apparel retail store in Australia. The objective of this report is to review current strategies used by Just Group with regarding to seven traits model according to Schumann, P. A. 1994. Besides, future strategies recommendation will be provided as the key for the company to sustain competitive advantage. Just Group is a number one market leader in fashion and apparel retail store in Australia. The sale of the company continues to increase while the number of stores increases as well. Since the company can obtain only 5.60%-5.80%, the company is ranged as the marketing leading in this industry. JST comprise with seven well known brands which are Just Jeans, Jay Jays, Jacqui E, Portmans, Peteralexander, Dotti and Smiggle. The financial performance of JST is continuous increasing from 2001 to 2006 as the illustration shows below.
Financial Performance of Just Group: 2001 - 2006 Year Million Dollars Sales Revenue Percent Growth Growth Million Dollars Net Profit After Tax Million Dollars Total Assets Units Employees
2001-02 331.9 N/C 12.4 206.0 N/A 2002-03 562.2 69.4% 22.6 209.2 4754 2003-04 619.8 10.2% 40.0 213.5 5023 2004-05 632.8 2.1% 45.9 223.2 4500 2005-06 698.0 10.3% 57.2 252.9 5000 Source: IBIS World Industry Report, 2007, p29 Besides, Just Jeans, the key brand of JST, aims to renovate stores to generate an increased interest in the brand. Store renovations are expected to cost between 100,000$ and 150,000$ per stores but the trial result was successful conducted in 2005 (IBIS World Industry Report, 2007, p29).
Vision and mission
Just Group owns a high quality portfolio of clothing retail brands throughout Australia and New Zealand. JST aims to offer its customers with
The company has realised that its SG&A costs are high and are eating into their revenues to the extent of causing growing losses. During 2012, the company made several changes to improve their balance sheet. This included changes in senior management bringing down people cost by 7%, debtor days were reduced aiming at improvements in working capital management, reducing agency brands so that focus can shift to the core brands and finally, talk about migrating to a new transaction system which will…
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SUBMISSION: WORD COUNT: 1443 CONTENT PAGE Introduction……………………………………………………………………………….3 Biography of henry ford………………………………………………………………….3 Background of the company……………………………………………………………..4 Products of the company………………………………………………………………...5 Marketing strategies of the company……………………………………………………6 Organizational culture of the company………………………………………………….7 Motivating factors of the employees…………………………………………………….8 Conclusion…………………………………………………………………………………9 INTRODUCTION This report aims…
In the News The Comeback Company; Siemens tries to recover from a bribery scandal by striking integrity pacts with its rivals. IN ATTEMPTING TO REBOUND from the biggest antibribery enforcement action in memory, Siemens AG is trying to write a redemption story on the same scale. And in doing so, it's not only trying to show that it's built a world-class compliance program, it's also testing its competitors' appetite for fighting corruption. Since the bribery scandal erupted in 2006, the giant Munich-based…
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To Stephen E. Ambrose, the men of the Easy Company were the best men he had ever met. Easy Company is officially known as the 506th Parachute Infantry Regiment in the 101st Airborne Division of the US Army. The men of this infantry served during World War II. They had different jobs and came from different areas, classes, and backgrounds (Ambrose 15). However, these differences did not deter this infantry of men from becoming a family. Through all the battles and causalities, the infantry experienced…
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Thanh Nguyen FIN 4350 Company Analysis Professor Dan Klein 19 Nov. 2012 Introduction: The U.S economy is having signs of recovery. The GDP is growing at a constant growth rate of 2.5%. The unemployment rate is decreasing year after year. The inflation is being kept at a low level: 1.7%. Disposable personal income, corporate profit and housing starts are increasing steadily and have positive forecasts in 2013. The interest rates are also kept at a low level to stimulate investments and financial…
