NEW HERITAGE DOLL COMPANY FINA 6278 Case 1 I. Executive Summary New Heritage Doll Company is a U.S based children toy manufacturer with a well-known national brand: the New Heritage. With its existing three divisions, New Heritage proposed two potential investment projects in order to expand its business while the doll industry was facing a relatively low growth rate. The first proposal is the Match My Doll Clothing line expansion, which is to expand a new clothing product line aimed at matching doll and child clothing and accessories covering all four seasons. While it has potential benefits with the current fashion trend of dressing the same between dolls and children, the New Heritage is facing a challenge of entering a …show more content…
For this proposal, Marcy McAdams, the proposer strongly believed it should be started without delay as such a product line has already received success from its first launch in early 2010. Meanwhile, the nature of children’s fashion trends could also provide strong support. The probability of quick customer acceptance and longer-term success for the follow-on line could be maximized by McAdams’ projected outlays for R&D, market research and marketing. Moreover, the initial investment could be relatively moderate with a low entry barrier of clothing industry, and the risk of implementing it was expected to be the same as the division’s existing business. However, to enter the clothing industry could be a potential risk as the New Heritage was fundamentally a doll manufacturer. The support of the fashion 1 trend could also provide uncertainty as it is fickle and the continuing operation could become a doubt. The second proposal was targeted existing loyal customers to let them be able to have dolls from their own design. Such an initiative came from several market researches, which suggested that such innovation could increase the girls’ pride with the doll because of the shared features and participation in creating. Meanwhile, the targeted customers are also willing to
Barbie has become one of the best selling toy brands in the world helping Mattel become one of the largest toy makers. Mattel has had much success with it popular Barbie dolls for over fifty years. However it seems every product has a life cycle and in recent years Barbie has begun to decline in popularity due to recent technological trends and stiff competition. Today young girls have become more interested in mp3 players and ipods rather than playing with dolls. At home and abroad competitors are producing new doll with different characteristics that persuade consumers to purchase these products over Barbie. Competitors have begun stealing significant market share away from Mattel who depends on Barbie for 20 percent
* Choosing the appropriate source of financing, between Initial public offering, long term debt or preferred shares, to raise funds for the expansion of Granite Apparel.
Founded in the year 1949, the United Federation of Doll Clubs has been dedicated to the promotion of the hobby of doll collecting and serving the needs of doll collectors. Offering an in-depth study of dolls, here visitors can view antique, vintage, modern, play and artist dolls on display. Apart from its doll collections, the museum also has a permanent archival collection of catalogs, research materials, patent papers, patterns and other ephemera relating to dolls and doll reference library. Local residents can benefit by being a member of the museum and enjoy doll shows, luncheons and other events that the club sponsors. Furthermore, special doll workshops and events are organized on a regular
Two projects, named Match My Doll Clothing Line and Design Your Own Doll line, were of main concern for Emily Harris. The first focused mainly on expanding the line to include matching all-season clothing for tween girls and their favorite dolls. The second focused on a new initiative that would employ web-based doll-design software to let users customize a doll’s features to their own liking.
One of the things they use to looking for is about the trends of the people. They try to understand their behavior in order to find new ways to increase their sales. One of the major trends that has affected the apparel industry is the increase of customers buying online. The use of internet to buy has been growing because it is comfortable and easier for people without the need to go to the physical store. Technology has changed the traditional way that customers use to buy.
New Heritage's dolls and accessories were offered under distinct brands with different price points, targeting girls between the ages of 3 and 12 years. The company's baby dolls were generally priced from $15-$30, and were offered to younger girls in earlier stages of development. These dolls typically came with a "birth certificate" and a short personal history. Dolls in the higher-end of this category incorporated technology that produced a limited amount of speech and motion. For the
Each kid's life is comprised of a progression of occasions. Finding the correct outfit of child dress for every occasion is once in a while a test. Shopping face to face permits the youngster to attempt on the dress, yet looking on the web makes it less demanding to peruse. The key is to discover a trade off.
For this, the marketers can study the company’s competitors in and the average market to get insight into other high-end children clothing already in the market that is successful. Researching competitors will also help in creating a product that is successful and different from the ones that are already in the market.
The organization that I have chosen to write about is Carter’s Inc., which includes the two children’s clothing stores Carter’s and OshKosh B’Gosh. I will primarily be talking about just Carter’s because that is the store that I work at but most information in this paper pertains to OshKosh as well. I have worked for this company for just over four years now and have learned a lot about how they run their business so the majority of the content in this paper will be from personal experience unless stated otherwise. Carter’s in the leading provider of children’s clothing and accessories in America, selling more than 10 products for every child born in the U.S., according to their website (History, 2016). Carter’s clothing ranges from size preemie all the way up to a children’s size 8, which is a recent move for the company. Before last year they had only gone up to a size 6X for girls and 7 for boys but due to popular demand and test stores selling the size well they went up to size 8. Carter’s was established in 1865, while OshKosh was established 30 years later in 1895. OshKosh was then acquired by Carter’s in 2005 (Brands, 2016). While OshKosh is now part of Carter’s Inc. that is the only thing that has changed for them, their distributers and their clothing are still the same. Carter’s and OshKosh make up over 600 retail stores while they’re also sold at thousands of national department stores. Carter’s Inc. also has four other brands: Just One You, Genuine Kids, Child
Since then, according to Ashley Alexander’s article “Barbie Product Life Cycle” (2012) Barbie has been the leading brand in dolls for over 50 years. This is because of their ability to adapt to the changing market. Barbie’s success comes from it’s globalized production and it’s advertisements that they have
It is not often that they are found in impeccable condition, but that is where the money is. Vinyl ones are made out of very soft plastic and they are the most produced type to this day. Then there are the porcelain dolls that are made by putting pure clay into a kiln. They end up looking beautiful and very
advantage for the company is cost at 14-400 the disadvantage is there was no buy in to keep the
On 9 March 1959 Barbara Millicent Roberts made her debut at the International Toy Fair in New York under her nom de plume, Barbie. Produced by Mattel Incl., Barbie candidly infringed the conventional American toy market with her exceptional adult aspect and her full blown aspirations, pandering to the enthusiastic Fifties economy and partaking with her voluptuousness of the general Yankee post war pettiness. The success she would have later reached was nevertheless not easily conceivable in the early steps of the doll’s life; the producer’s determination to make Barbie the personification of the faith in the American wealth, met not insignificant criticism especially from WASP mothers who were disturbed
Future examination may wish to evaluate whether these impacts are more grounded when dolls are utilized as introduction material, contrasted and pictures. Third, in spite of the fact that it is profoundly plausible that for all intents and purposes every one of the young ladies in the present research own Barbie dolls, it is enlightening to know what number of they possess and how drawn in they are with them. Such information would not just evaluate conceivable individual contrasts in the criticalness of Barbie as an optimistic good example additionally pinpoint when, formatively, she no more satisfies this capacity. Besides, a variable that may direct young ladies' reactions to perfect socio-cultural models, and that ought to be analyzed in future examination, is their level of body disappointment before presentation in light of the fact that it is likely that young ladies with high body disappointment would be more defenseless against negative introduction impacts than young ladies with low body disappointment. Be that as it may, it ought to be noticed that this confinement of the present concentrate presumably decreased the probability of discovering noteworthy introduction impacts, and the way that the negative effect of Barbie dolls was by the by illustrated—crosswise over young ladies whose
The case study is about Haute Couture Fashion Bhd (HCF) and how it ran into trouble in early 2009. HCF was established in the 1974 with first fully equipped factory in Penang then started out as a small unlisted family business in the clothing manufacturing business. HCF has very quick established as high quality manufacturer of both men’s and women’s clothes.