Haefren Baum Nature of the Business Haefren Baum is an independent home furnishings retailer associated with Wiegandt that sells high quality furniture. The company began as a partnership in 1965. Haefren Baum became a retailer for Wiegandt in 1968. Two years later, it became a corporate entity. Haefren Baum is located in Cologne, which is one of the most populated and rich cities in Germany. Haefren retails home furnishing from a location downtown Cologne, and three recently constructed stores in Rhineland. Marketing Analysis Located in downtown Cologne Haefren Baum is a high quality retailer, which recently expanded its operations by opening three retail outlet stores in nearby Rhineland suburban areas. The company carries …show more content…
This is evidence the company is having problems making profit. Haefren needs to address is the delinquency of their customers’ accounts, from 93 to 95, days sales outstanding have increased to 77 days, which is a lot higher than the 30-day monthly installment terms. The company is not stringent in collection efforts but this can be because of the economic condition in Germany. The company does not manage its assets very well. Its decrease in fix asset turnover from 6.98 in 1993 to 5.39 in 1995 can be because of their decrease in sales, but the low total asset turnover which is also decreasing from 2.1 to 1.5 prove that their assets are not being used very efficiently. Since sales are decreasing and competition increases their inventory days has also increased from 103 to 129 which again could cause low price. The company is already experiencing a loss of revenue due to the fact they lowered price because of economic condition. Financial Analysis The company have generated very low operating cash flows, which is caused by a negative net income(16, 55) in 94,95, again with sales going down and cost of goods sold increasing. The company current ratio (2.3, 2.1, 2.5) in 93, 94, 95 are indicating satisfactory but when analyze quick ratio (1.1, 1.1, 1.3), and we also know that sales are down which mean more inventories. Now the account payable days has been increasing (49, 62, and 66). They have been delaying there payment which mean more cash on
From the Burberry Prorsum range down to the accessories, Burberry has ensured three important dimensions in its product model. Manufacturing and Sourcing: Integral to the repositioning of Burberry in the late 1990’s was the company’s determination to ensure that is maintained full control over the development, sourcing and manufacturing of the various collections. Product manufacturing is secured by a mix of internal and external manufacturing facilities based in the England, Wales and the USA, producing clothing fot the Burberry London range such as rain jackets and polo shits. Products made for the Burberry Prorsum range are supplied principally by Moroccan manufactures. Burberry has outsourced the quality control management of the Thomas Burberry collection to a third party specialist.
Operating in Europe opens up entirely new and very large (almost U.S.-sized) opportunities for sales since most of the countries in Europe are interconnected, which means there is free movement of goods, persons, services and capital. The entry to Europe will give Baxton opportunities to reach a higher number of customers. If customers are satisfied with the superior quality of Baxton 's hoists, then the reputation of Baxton will be enriched, as a result. this might open up additional opportunities to expand further in the world. Once Baxton turns into a global corporation, the company will see an added brand value.
Halsband is a strong luxury brand name and image. We focus to produce the high quality menswear.
This high-end fashion label focuses on the perfect fit for relaxed womenswear and partners with BG to offer ready-to-wear women’s clothing and handbags in New York City.
“Burberry is an English luxury fashion house, headquartered in London, England. Its main fashion house focuses on and distributes ready-to-wear outerwear, fashion accessories, fragrances, sunglasses, and cosmetics” (Burberry Group Inc., 2016).
The Company records indicate that they did not pay their suppliers on time. Also the accounts payable balance swelled by 260% from yester annum, however the sales managed to pull up only 76%. The company is jeopardizing its relationship with the suppliers, this can lead the suppliers to cut off the company and put it into bankruptcy against the Company if the company continues with late the payments.
The game showcases the party time ritual of drinking beer, but throws it into an Oktoberfest style setting. Around the screen are plenty traditional images, with the brick wall of beer setting the tone for what this game all about. It’s a crazy thought, but there really is something unique about the look of Bier Haus, which is probably somewhat related to the fact that very few other games have ever attempted a theme quite like this before.
Negative cash flow was generated continuously for the three years. The large inventory increase may be the main reason. The rapid negative growth of the free cash flow available to debt and equity is noticeable.
Harrods offers a world class shopping experience for its customers, and has a wide variety of features for men and women, children and teenagers, different kinds of accessories for everyone, shoes, beauty products, food and wine, home wares, souvenirs, and gifts. Harrods shows ageless appeals of furnishings with in-store installation, and offers a range of delivery options to suit customer
Deutsche Brauerei is a brewing company that produces two different kinds of beer, dark and light. The brewery is located in a small village just outside of Munich, Germany. Their brewing techniques have consistently won several quality awards over the years. Deutsche was founded in 1737 by Gustav Schweitzer, whose picture is printed on the label of each bottle of beer that Deutsche sells. The company has been in the family for 12 generations and currently is collectively owned by 16 aunts, uncles, and cousins of the Schweitzer family.
BDB was founded in 1985 in Montreal and today it is an industry leader offering denim clothing in 18 countries and spanning 3000 locations throughout the world. In North America the brand can be found in many department stores, including the Hudson’s bay company, Bloomingdales and Macy’s.
Haacht Brewery is an independent and family-owned company based out of Belgium. They also specialize in brewing different types of specialty beers and produce soda and mineral water. One of their largest selling drinks and main brand, Primus, is produced from all natural ingredients. Primus is a pilsner, which is a distinct and unique type of beer. In October 2008, Lew 'LaraTBWA Sao Paulo, an agency in Brazil, released a print advertisement for Primus titled “Ocean”. The advertisement featured a group of young adults on a piece of wood floating in the ocean drinking Primus beer. It also engages in maintaining society 's constructed gender roles, contradictory racist marketing as well as the glorification of alcohol.
Place: There are many shops – cafes located on shopping malls or on prime streets which are easily accessible to their customers. Haagen Dazs shop offers an ambience of intimacy and love. All shops around the world have almost the same decoration and colors and the staff are well trained offering a unique experience to their customers. Also somebody can find haagen dazs ice cream in cafeterias in luxury hotels. In addition, for those customers who want an ice cream on the go, haagen dazs located at other convenient areas such as kiosks and petrol stations.
Today the family is in its 30th generation and has been successful in producing, distributing and marketing regional and local high quality brew, allocating 15 beer brands as well as soft drinks and water (Fürst Wallerstein, 2007) selling 6 million litres of beer every year priced at a premium level, exporting some products to China and Thailand since 2011 (Oettingen-Wallerstein, 2014). In addition, Fürst Wallerstein manages forests of more than 110 square kilometre, and dealing with dozens of personally owned flats, houses, castles and significant amount of ground space (Oettingen-Wallerstein, 2014). With over 100 employees the family enterprise believes in “Vigilantia et Fidelitate” – “Attention and Trust”, the companies mission statement and motto, meaning to trust and believe in quality and knowledge and to be attentive in combining new innovations and technologies with tradition for the future (Fürst Wallerstein, 2007). Harmonising tradition with new trends, Fürst Wallerstein targets a broad local
The home of BoConcept is Denmark where they have been designing and manufacturing design furniture for more than 60 years