1. Ready to wear (RTW) 1. Denim 2. Men’s Wear 2. Sapphire Footwear 3. Kids Wear 3. Sapphire Fragrances High market share with high market Low market share with high market growth growth
CASH COWS DOGS
Home textiles 1. Unstitched fabrics High market share with low market growth 2. Accessories Low market share with low market growth
Business Unit Relative Market BCG Justification
Market Growth Category Share Rate Ready-to-wear 25% 15% Star Sapphire Textiles Pakistan, the largest RTW (RTW) High High retailer in Pakistan, has a market share exceeding 25%. The RTW market is projected to record a CAGR of over 15% in the years to come. As a result, RTW is Sapphire Textiles Pakistan’s star business unit. Extensive retail network of Sapphire spread in Pakistan- Wide range of RTW products for different customer needs- High brand image and credibility. Sapphire Men's 25% 10% Star Sapphire Men’s Wear is the largest men’s wear Wear High High retailer in Pakistan, with a market share of more than 25%. The men’s wear market is projected to register a CAGR of more than 10% for the ensuing years. As a result, Sapphire Men’s Wear represents the star business unit for Sapphire Textiles Pakistan. The reasons for this growth are mainly due to urbanization, high-disposable income and trendier men. Sapphire Men’s Wear has established good image in Pakistan. It also involves quality, style, and being affordable which makes this brand very popular amongst Pakistani men. Sapphire Kids' 15% 15% Star With a market share of more than 15%, Sapphire Wear High High Kids' Wear is one of Sapphire Textiles Pakistan's expanding business units. Over 15% compound annual growth rate is anticipated in the kids' apparel market in the upcoming years. As a result, Sapphire Kids' Wear is Sapphire Textiles Pakistan's top business division. Sapphire Kids' Wear is doing a great job of broadening the appeal of its brand to include stylish apparel for older kids in addition to traditional kids' wear. Growth in sales is being fueled by this expansion, which is drawing in new clients. Home textiles 20% 10% Cash cow With a market share of more than 20%, Sapphire High Low Textiles Pakistan is a significant participant in the home textiles industry. In the upcoming years, it is anticipated that the home textiles industry would expand at a CAGR of more than 10%. As a result, Sapphire Textiles Pakistan's cash cow business area is home textiles. Sapphire offers a wide variety of home textile products. - Robust market share in both home and foreign markets - Effective cost control and manufacturing procedures Unstitched fabrics 15% 5% Dog Reduced market share as a result of shifting Accessories Low Low customer preferences; fierce competition 2% from cheaper, unbranded materials; and little Low room for expansion in the home market. The shift in customer preferences towards ready-to-wear (RTW) garments has resulted in a fall in the sapphire unstitched fabrics market in Pakistan in recent years. Factors like growing urbanization, hectic lifestyles, and rising disposable incomes are what are causing this trend. Consequently, Sapphire Textiles' unstitched collection business has been under pressure since the market share of unstitched fabrics has been declining. Sapphire Accessories is a relatively small business, holding less than 2% of the market. Pakistan's accessory sector is likewise not expanding very quickly and is somewhat tiny. Sapphire Accessories thus does not produce a significant amount of cash flows for the business. To preserve its brand image and provide a wide selection of products to its clients, the company can decide to continue with this venture. Denim 10% 8% The rise in Pakistani demand for denim Low High items; Sapphire 5% • Sapphire's recent debut into the denim Footwear Low Question market; mark • Possibility of growth into additional Sapphire 10% 8% product categories and markets; Fragrances Low High Sapphire Footwear is a very new venture for Sapphire, holding less than 5% of the market. Nonetheless, the business is expanding quickly; over the previous year, revenue increased by more than 50%. This is because Sapphire has a great brand reputation and shoes are becoming more and more popular in Pakistan. To sustain its development trajectory, Sapphire Footwear will need to keep up its innovative efforts and marketing expenditures, though, given how fiercely competitive the footwear business is. With a market share of less than 10%, Sapphire Fragrances is a new business division of Sapphire Textiles Pakistan. Over 8% compound annual growth is predicted for the fragrances market in the upcoming years. Nonetheless, there is fierce competition in the fragrances business. As a result, Sapphire Textiles Pakistan's Sapphire Fragrances business unit is marked with a question mark.