Create technologically advanced clothes

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Reference no: EM132994384

Comprehension 

Cool Clothes is a textile company that is planning to create technologically advanced clothes which are resistant to dirt and spots caused by spills (ketchup, paint, oil, etc.). 

The basis for this change was an insight that the company uncovered from their customer interviews. The insight highlighted that customers are willing to pay 20% more for clothes that are resistant to dirt and spills and would prefer such clothes over other branded alternatives, which do not possess those properties. Furthermore, consumers were driven by the awareness of the negative impact of fast fashion on the environment. 

This change that they may undertake will transform the company from a fun clothes brand to that of a tech-savvy fun brand. 

Which change driver or change drivers may have caused this company to change? 

  1. Internal - company growth
  2. External - social behaviour of customers 
  3. Both internal and external drivers
  4. External - regulatory factors

Reference no: EM132994384

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