Background and the business line of PADINI Padini is a Malaysia-based investment holding company. Padini began as a backend operation in Malaysia’s apparel industry, manufacturing and supplying garments to order for retailers and distributors.
Padini sells shoes and accessories, garments, ancillary products, maternity wear and accessories through various subsidiaries. They focus about both genders. Padini offers customer of both sexes and ages through a variety of brands: Padini, Padini Authentic, PDI, P & Co, Seed, and Miki.Vincci, Vincci+ and Vincci Accessories Its most prominent brands are Padini and VINCCI.
The goods are normally exported to mainly Asian countries. Its goods are sold in retail flagship stores and concept stores. The concept
…show more content…
He graduated from the University of Malaya in 1989 with his Bachelor of Accountancy (Hons) Degree. In 1990, he becomes a Sale and Marketing executive of Isetan of Japan Sdn Bhd. In 1995, he had been promoted to the position of Manager of the Merchandising Department.
Foo Kee Fatt (Chairman of the Audit Committee, Member of Nomination Committee, Independent Non-Executive Director), he was first appointed to the Board on 2 January 2009. He is a member of Malaysian Institute of Certified Public Accountants and Malaysian Institute of Accountants. He is also an approved company auditor under Section 8 of the Malaysian Companies Act, 1965.
Background and business line of VOIR
Voir Holdings Berhad is an investment holding company. The Company operates in three segments which are Retailing, Investment holding and Café operation.
There are 4 operating subsidiaries, own brands which are SODA, South China Sea, G&H and Applemints. It holds the executive license to distribute international sport brand , Diadora from Italy.
Besides that, Voir owns the Garden Lifestyle Store and Café, a semi fine-dining restaurant chain, as well as Covo, a brand which bring the opulence beauty product to customer at a responsible
…show more content…
The board has the responsibilities to protect and enhance the shareholder value. The board also believes that good corporate governance will create the long term benefits and value for all stakeholders.
Seow Khim Soon is the Executive Chairman. He was appointed to the board on 17 August 2007 and he is also a member of the Remuneration Committee. He was involved in the fashion and apparel industry which are his family’s business. He plays an important role in expanding the Group’s business to more than 400 locations
In the early 2000’s the company start struggling with sales because of the high competition in retail apparel industry. The competition was rising-up fast in retail industry due to expanding in internet sales. Company was struggling with sales because of not updating its apparel according to the fashion. Many young customers of the company labelled it as old-fashioned, uninteresting, and uninspired. After appointed as a CEO at J.C Penney in late 2011,
Five previous C-suite executives sit on the board. These members bring a significant knowledge base in the financial, strategic and general management of large companies. Rounding out the board are two inside directors, Mr. Mendes and Mr. Neil, Diamond's CFO. Furthermore, the board consists of an audit committee, compensation committee, and a nominating & governance committee. Given the wealth of industry knowledge and management experience, the company's board had the capability to successfully govern Diamond Foods as it continued to
From that definition, we are going to analyze Carroll’s essay about
The first concept is the person which is an individual composed physicality, which is the total function of the body, psychological, such as mental process and social nature, such as a relation with the patient or nurse (Dorothea Orem 's Self-Care Theory, 2014). The second concept is Environment. Its components are enthronement factors, enthronement elements, conditions, and developed environment (Dorothea Orem 's Self-Care Theory, 2014). The third concept is Health, which describes what health and healthy are .They are expressions used to define what’s alive. This concept embraces what defines a person human.
a. The product and production orientation of marketing asserted that a company should first develop product and then they should scan the market for sale opportunities. Now days in the modern world the market have changes. The process orientation of marketing requires a company to first to analyse the market, understand customer requirement and then develop products. In todays world, the modern marketing is based on the reverse process, in which the first the customer needs and demands are identified. The subsequent market program of the firm depends on how the market identifies the potential customer, profiles them, target them and positions his offering in the minds of customer.
Among its organization Chanel is divided in three sections. First there is a board of directors conformed by three persons: the CEO, who is Maureen Chiquet, the Chairman of the Board who is Alan Wertheimer, and the Director who is Gerard Wertheimer. Second, the CEO controls the ten management positions of Chanel, which are: the president who is Francoise Montenay, the COO who is Ariel Kopelman, marketing, organizational development and human resources, design & creative who is Karl Lagerfeld, fragrance creation, Europe, fashion, watch & jewelry, and makeup. Third and finally, seven of the 10 management positions have subordinates, which are 26 different sections regarding multiple important tasks of the company.
Kerk Chiew Siong, Non-Executive Vice Chairman of the company, plans strategies for market development of Group’s products. Kuo Choo Song was appointed as Managing Director of the company responsible to plan the Group’s business development programs and represent the group at numerous outsider functions. Teo Lee Teck, Non-Independent Non-Executive Director of the Company, supervise the product manufacturing, quality, and hygienic assurance of the company. Kerk Kar Han, Non-Independent Non-Executive Director of the Company, is responsible for maintaining and improving the organizational administration system, and company performances (Hup Seng Industries BHD.
The top management is the final authority and it manages policies and aims for an initiative. It basically focuses on coordinating and planning functions. Led by Chairman Peter Brabeck-Letmathe, the Board has 14 members to handle different parts of the business round-the-globe, supported by Chairman’s and Corporate Governance Committee, Nomination and Compensation Committee, Audit Committee, and Finance Committee. Middle Level of Management: The branch managers and departmental managers constitute the middle level.
They also principally owned about 60 subsidiaries and high-status brands such as Kenzo, Bulgari, Mercier, Givenchy, Sephora, Krug, Château d 'Yquem, Domaine Chandon California, Parfums Christian Dior, Chaumet and so on. LVMH main competitors are the French conglomerate Kering (previously PPR) and the Swiss-based Richemont. In 2000, the Group attained a sales of 11.6 billion euros and acquired 15% of market share internationally. From the time that LVMH was founded, they were able to develop a brand strategy to grow active and to expand its global retail network. As it stands, 81% of around 110 000 personnel of the Group who work outside France share the company’s beliefs and ethics.
Globalization typically leads to an increase in the integration and interaction between people of different nations and governments and companies as well. Consequently, the main drivers of globalization are international trade and technological advancements, which make information and communication possible. Nike is among the earlier pioneers of globalization and has benefitted by becoming one of the leading multinational corporations (MNC). Nike was established in 1964 and has experienced expansive growth across the globe in the athletic footwear industry and, in particular, specializing in mass production of athletic shoes. Unfortunately Nike’s strategies to win global market share were heavily scrutinized through criticism of labor and marketing
Out of the three people I interviewed, he possesses the most power and authority. He oversees the overall running of the business and all the employees. He is able to make the final decision in regards to anything that has to do with the business. Some of his daily responsibilities include, but are not limited to; food preparation,
As stated in Principle 1, The Board of Directors directs the Group’s risk assessment, strategic planning, succession planning and financial and operational management to ensure that obligations to shareholders and other stakeholders are understood and met. The board of directors has a collective responsibility for the management of the group to make sure the group is on the way to approach to their objectives while the non-Executive Directors are responsible for bringing independent judgment and scrutiny to decisions taken by the Board of Directors and providing objective challenges to management. Besides, the board of directors also function as formalising and adopting a set of Code of Ethics through the Code of Conduct as Recommendation 1.3 as stated in the Malaysian Code on Corporate Governance 2012 to make sure its compliance, establishing an appropriate set of corporate disclosure policies and procedures and ensuring a whistleblowing mechanism is in place. The Board of Directors recognizes the importance of independence and objectivity in its decision making process. The Directors are professionals of high calibre and integrity and possess in-depth knowledge and experience of the business to enable them to discharge their duties effectively.
Running Head: PEPSI COLA COMPANY 1 PEPSI COLA COMPANY 16 Strategic Plan of Pepsi Cola Company Jacqueline C. Tuncap American Military University BUSN 620: Strategic Management September 25, 2016 Executive summary This paper analyzing the Pepsi Cola Company, its strategic plan and the products the company provides. The company is known as one of the top competitors in the market. We will go through and try to understand the separate areas within the company that collectively work together towards creating a successful company.