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  • Creating a Corporate Advantage The Tata Group Raveendra Chittoor Arohini Narain Richa Vyas Chetan Tolia 2013

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    — the year of Gucci Group’s big change The Gucci Group (Gucci), the world’s top luxury handbag maker, has been a well-known fashion industry firm, famous for creating high-quality bags and purses of superlatively good craftsmanship and materials. In a world dominated by luxury goods makers, such as Louis Vuitton, Gucci has been able to successfully keep its competitive edge and position its products at a high price-per-product. this link In 2009,

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    “This is my third year of writing a summary of the Gucci Group. Every time I sit to write it, I face the problem of balancing the short story of the company in 2008 with the long story in 2009. It’s always a tough choice. I tend to give more space to the company in 2009. This is because the short history is a part of the Gucci Group. If I only focus on the short history, I could miss a lot of important information. But at the same time, this

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    The fashion industry is one of the most competitive in the world, and companies that are successful in the industry require a clear plan of action and a strategic vision that includes detailed knowledge of the market. This case study evaluates the Gucci Group’s performance in the 2009 year and compares it to other leading companies. use this link In 2009, Gucci Group experienced an overall increase in sales of 8.1% compared to the previous year, with the Americas region being the leading contributor to the group’s performance. In the Amer

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    In the second quarter of 2009, Gucci Group reported a 10% increase in consolidated revenues to €4.7 billion from €4.4 billion a year earlier. Net income for the quarter was up 22% to €574 million. In the first half of the year, net revenues were up 11% to €8.2 billion and net income was up 25% to €1.5 billion. Revenues for the second quarter were up 8% at constant currencies versus the prior

    Problem Statement of the Case Study

    – In 2009 Gucci Group (Gucci), one of the world’s biggest luxury goods players, was struggling to stay afloat. – In its second year, the company had suffered huge financial losses and was facing bankruptcy, with losses amounting to about $50 million. – The reason for the dire situation was the company’s high-priced products, which are often perceived as inferior to other brands’ lower-priced counterparts. – The company blamed its financial misfortunes on a variety