State any new information required to bring the case

Assignment Help Marketing Management
Reference no: EM133270427

CASE ASSIGNMENT: Lululemon

Luxury athletics and yoga apparel retailer Lululemon Athletica has had great success in its less than 20 years of operation. With more than 200 retail locations, the company netted a 51.4 percent growth in revenue from fiscal year 2010 to 2011 and projected a more than 10 percent growth in the first quarter of fiscal year 2012. While the company has made its name on high quality, high-cost apparel for fitness enthusiasts-a pair of yoga pants can cost as much as $100-a recent manufacturing error shook consumer confidence and gave rise to quality control problems in the company's supply chain. In March 2013, Lululemon was forced to recall its signature "Luon" yoga pants after finding they were so sheer that they were practically see-through. The recall of the nylon and Lycra-blend Luon pants followed a similar event in 2012, when several of the company's swimsuits and light-colored pants were found to be too sheer. According to RBC Capital Markets analyst Howard Tubin, Lululemon's fabric errors may simply represent a growing pain for the rapidly expanding company. "They tried to get in front of this by not letting the merchandise stay on store shelves and they're working with vendors to try to figure out how this happened," said Tubin. "They're probably handling it the best way they can." Citing Lululemon's fourth manufacturing snafu in one year, Credit Suisse analyst Christian Buss strikes a slightly less forgiving tone: "Their supply chain hasn't kept up with the demand that they have for their product, and their quality control processes have been proven inadequate."

The cases are designed to ensure that you apply the concepts in real business situations.

The summary should focus on (1) the key business problem(s) /opportunity(s) that needs to be addressed (2) state any new information required to bring the case up-to-date and current (this necessitates searching for information outside of that provided by the case such as surfing the internet to address what has happened to the company and/or industry since the time of the case), (3) offer substantiated recommendations to address the stated problem(s)/opportunity(ies).

Your recommendations should effectively integrate both case and current information to offer viable options for the company/industry. Your summary should at least 160words.

Reference no: EM133270427

Questions Cloud

Describe the advertisement, including the content : MRKT - 450 Walden University Describe the advertisement, including the content (narrative and/or visual elements), the appeal, and the creative
Difference between valuing for preferred and common stock : Principles of Finance - Explain the difference between valuing for preferred stock and common stock and how to calculate for each
Discuss what you think are three root causes of cheating : COMM 171 Centennial College discuss what you think are three root causes of cheating and academic dishonesty, then explain what you think the solution
Convert the gender variable into a binary variable : Convert the gender variable into a binary variable with 0 representing male, and 1 representing female. Then split 80% of the data into train and 20% of data
State any new information required to bring the case : MKT 300 Delaware State University state any new information required to bring the case up-to-date and current address what has happened to the company
Marketing plan to enter a new international market : MKT 10625 Sheridan College creating a marketing plan to enter a new international market is the critical performance for this course
Examine the boeing 737 max project : Examine the Boeing 737 MAX project through a project management lens to determine what went wrong, why and what can be learned from this project
What is the problem the product aims to address : Mktg 708 University of Notre Dame What is the problem the product aims to address? How does the product enhance the company's product portfolio?
How many companies are involved : how many companies are involved? How do they each add value? Where are raw materials sourced? How transported to local markets? Are employees specialized

Reviews

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd