Professional Documents
Culture Documents
MA FASHION MANAGEMENT
Week 2: Introduction
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
M A FA S H I O N M A N A G E M E N T
Week 1: Introduction
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
HERMÉS SOINS
Hermes are launching a new range of hand crafted
vegan leather products to appeal to the increasing
demand of discerning vegan customers in the United
Kingdom.
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
Abstract
Ø200 – 300 words (Not part of the word count.)
ØThis summarises your Business Research Topic and the Report.
ØThis should state what the brand/ product/ service is that you wish to explore, and
what your Business Research Project (Major Project) will seek to find out, explain
or answer.
ØIt will explain key authors, insights/ trend reports, and any other literature that has
influenced your research.
ØIt will also introduce your market analysis process and who, what and where you
will be analysing in this report.
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
Abstract Example:
This business research report will explore current literature surrounding veganism in the
United Kingdom with a focus on a study by XXXX & XXXX (2018) who found that the
veganism is shifting from food and confectionary into fashion products.
Hermes, the French luxury goods manufacturer who specialises in hand-crafted luxury
leather products is launching a new range of products under the sub-brand ‘Hermes Soins’.
This is responding to an increase in demand for vegan fashion products, as studied by XXXX
(2018).
A full market analysis will be completed which will explore the vegan leather market from an
industry, brand, customer and competitor perspective by gathering information from XXXX
(2019) and XXXX (2019) amongst other specialist sources.
This report will also discuss the research methodology XXXXX and research strategies XXXX
and XXXX and how this will be applied successfully complete the primary research.
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
The Introduction
Ø600 words approx
ØThis should include your Business Research Topic, but should offer a thorough
background to your aims and objectives on the project, using market intelligence
and peer-reviewed academic and industry sources to evidence this
ØYou should explain your commitment to the project and why it is of interest to
you, personally.
ØYou should indicate what the limitations are (e.g what the project will not do &
why) and the problems you think you may encounter.
ØYou should describe how you think your project may be of value to the field of
Fashion management and its industry.
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
Time table
ØApprox 200 words
ØShould timetable how you are
going to achieve finishing your
Major project and how long
each task will take.
ØThe importance of this to your
work and the results?
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
Critical Thinking
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
• Pick your brand/
business
• Research that
brand/ business
• Start to do your
market analysis
• Industry
• Competitors
• Customers
• Country profile/
conditions
• Summarise key
points for each
that are relevant to
you
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
• Start to think of
gaps in the market
• Do you have any
questions that you
want to get
answers to?
• Customer/
Competitor
opinions
• How will your
brand/ business fit
in the industry?
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
• Compare your
Secondary Research
with your Primary
Research.
• Analyse the similarities
and differences
• Are there any patterns
• New ideas or
understandings?
M A FA S H I O N M A N A G E M E N T
• Conclude your findings
with an action/ Week 2: Introduction
proposition
• What is your brand/
business going to do to
answer or respond?
• What benefits will this
bring to the brand/
industry/ customers?
• How will this impact your
competitors?
• This will show the reader:
• What you know/
understand
• What you are going
to do about it
• How you are going
to do it
• Why you are doing it
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
Ø Reflecting on issues in a structured way, bringing logic and insight (from credible research)
Ø Drawing conclusions about whether arguments are valid and justifiable, based on good evidence and
sensible assumptions
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
Some Definitions
ØEvaluate: to judge or determine the significance, worth, or qualityof
something
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
What is an argument?
ØAn argument is the difference between
-‘don’t do it’ (a statement or instruction)
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
What is an argument?
ØAnd..
-‘don’t do it because..’ (a statement with a credible reason backed up
with a purpose and facts)
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
What is an argument?
In your tables argue the benefits and disadvantages of each and put forward an argument.
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
Any questions ?
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
Activity 2 –
Sustainable Definition in Fashion Management:
“The idea that goods and services should be produced in ways that do
not use resources that cannot be replaced and that do not damage the
environment.”
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
What is a Flawed Argument?
ØA flawed argument is one where the evidence does not support the claim
– Factually or logically
ØExample:
– Claim: if I attend lectures I will get a degree
– Evidence: statistics show students who attend lectures always pass their
final exams
– Warrant: the correlation of exam results to attendance records shows the
claim is valid
Flaw: mere attendance is not enough.....
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
Your Business Research Topic
ØThe business research topic is the area that you are going to investigate. This
can be broad to begin with but needs to be narrowed down
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
SWOT Analysis
ØA SWOT analysis is an understanding of the strengths, Weaknesses,
Opportunities and Threats
Activity 4
ØFrom your Business Research Topic create a SWOT analysis on it.
ØRank each of the categories
ØWhat are the biggest Weaknesses and Opportunities.
ØIs there any link between the Weaknesses and Opportunities that can
be developed into a credible Business Proposal?
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
M A FA S H I O N M A N A G E M E N T
Week 2: Introduction
For next week: could everybody bring in with them an in-depth SWOT
analysis of their intended business research topic/ idea with a selection of
potential business research proposals to discuss.
The earlier you start researching and thinking about this, the better your
assignment will be.
M A FA S H I O N M A N A G E M E N T