Footwear Industry Analysis Paper

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The research paper is based on a business analysis in regards of footwear industry and charity shops that work in the UK and European market with their extensive product line and corporate social responsibility strategies. The main aim of the paper is to evaluate the current financial position in the market and predict their future in regards of their current performance. It is observed that the increasing competition in the UK footwear industry is increasing from every passing day and it is important for companies to meet the needs of their business sector to increase their sales and business in the market place. Moreover, it is important to use certain models and entrepreneur approaches to evaluate the external factors that affect the competition …show more content…

Moreover, the company further choses baby shoes in order to increase their sales and business in the UK and European market as it is observed that babies grows faster than normal adults and therefore, their parents are keeners to replace their accessories more often than it is expected for an adult. In this way, the company aims to accommodate both their potential client in footwear industry and charity shops. The strategy helps the company to increase their reputation and business in the market place. Furthermore, the strategy has also helped the company to maintain their focus on their respective industry and increase their business even at the time of economic clash, therefore, it is predicted that if the company continues to work on their same pattern that will further achieve height in their …show more content…

The company operates from the UK and distribute their product all over Europe. This study considers the contemporary business environment of Social Business Wales by means of utilising a PESTLE analysis, giving consideration external issues that may emerge under every heading.
Political
In the estimation of a few studies, it is observed that Social Business Wales has profited extensively from the development orientated strategies by means of focusing on CSR as the focus strategy, which has kept up low financing costs, currency stability, and international competitive market. The company has likewise profit by getting engaged with social activities (Shamsuzzoha, et al., 2013).
Economic
Social Business Wales has faced challenges in regards of their trade conditions subsequent to the financial crisis of 2008-9 however, the company has achieve new heights during the economic clash period because of their low prices of the products and effective competitive and working strategies. It is observed that the company has maintained their sales and business even at the time of the UK horrible economic break down. It can be said that Social Business Wales has utilised its set up brand value to exploit developing shopper request in rising economies. The company has protected the unforeseen CSR investigates by belligerence that it has given job in generally

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