sita murt/
The case describes the transformation that sita murt/ and fourth generation owners have implemented in the family business, allowing the company to transition from a business based on a product to one based on a designer, and then to a prestige brand. To accomplish this they first outsourced manufacturing, then took it abroad, turning sita murt/ into a company focused on design and marketing expertise, forming a network of stores in retail store format, outlets and leased space in department stores, and restructuring its multi-brand network. However, despite its success, it faces a new cycle marked by over-dependence on the domestic market, low brand recognition in strategic future markets and the risk of falling into a mass-market framework.
Collection: IESE (España)
Ref: M-1261-E
Format: PDF
Number of pages: 27
Publication Date: Oct 5, 2011
Language: English, Spanish
Description
The case describes the transformation that sita murt/ and fourth generation owners have implemented in the family business, allowing the company to transition from a business based on a product to one based on a designer, and then to a prestige brand. To accomplish this they first outsourced manufacturing, then took it abroad, turning sita murt/ into a company focused on design and marketing expertise, forming a network of stores in retail store format, outlets and leased space in department stores, and restructuring its multi-brand network. However, despite its success, it faces a new cycle marked by over-dependence on the domestic market, low brand recognition in strategic future markets and the risk of falling into a mass-market framework.
Read more
Year: 2010
Geographic Setting: España
Learning Objective
To analyze the process involved in changing strategy and its implications for the structure/organization of a family business, and study the new business model created and its future sustainability.
Leave your rating
"sita murt/"
Register for free with IESE Publishing and enjoy all the advantages
What type of account do you want to create?
Choose account type
Professors
Academic Institutions
Companies
Individuals