Fast fashion goes global

2015 ◽  
Vol 31 (11) ◽  
pp. 17-20
Keyword(s):  
Rapid Expansion ◽  
Fast Fashion ◽  
Content Type ◽  
Market Driving ◽  
First Mover Advantage ◽  
History Of ◽  
The 1960S ◽  
The One ◽  
A Company

Purpose – To trace the development of the Benetton Group and describe the causes and consequences of the clothing retailer’s transition from a market-driving to a market-driven strategy. Design/methodology/approach – Presents a history of the company from its beginnings in the 1960s, listing the innovations it adopted to support rapid expansion. Describes the emergence of “fast fashion” retailers such as Zara during the 1990s and explains how and why Benetton subsequently changed its strategy. Findings – It all started with a yellow jumper. Back in the 1960s, Italian men typically wore dark-colored sweaters under a jacket. So when his friends asked if they could have a brightly colored jumper like the one his sister made for his son, Gilberto Benetton realized that they had a different value proposition from traditional companies – and the start of a business. Soon Benetton had a company producing sweaters for local independent retailers in Italy. Plans for expansion brought further innovations that were new to the clothing market of the time. Practical implications – Draws attention to the value of first-mover advantage and the need to align competitive strategy with current market conditions. Social implications – Highlights the value of Benetton’s emphasis on developing long-term relationships based on trust with suppliers and retailers. Originality/value – Questions the value of a market-driving strategy as the basis for sustaining long-term financial performance.

The breed structure and genetic analysis of the pedigree cattle breeds in Australia. III. The Hereford

1963 ◽  
Vol 14 (1) ◽  
pp. 93 ◽  
Author(s):  
GP Davey ◽  
JSF Barker
Keyword(s):  
Genetic Variation ◽  
Genetic Analysis ◽  
Sampling Methods ◽  
Rapid Expansion ◽  
Genetic Contribution ◽  
Genetic History ◽  
Effective Generation ◽  
History Of ◽  
The One

(i) The structure and genetic history of the pedigree Hereford breed in Australia are analysed by pedigree sampling methods. (ii) The pattern of the breed structure is generally similar to that found in other breeds, but it is extremely dynamic owing to the present rapid expansion of the breed. Changes are taking place in the herd composition of the major breeders' groups and there are many new herds yet to find their level in the structure. (iii) Considerable emphasis has been placed on the use of imported animals in the development of the breed. Of all herds registering in Volume 24 of the herd book, 31.6% used imported sires, and the percentage of genes in the breed in 1949 derived from animals imported since 1880 was 97.7, and from animals imported since 1930, 53.9%. (iv) The most important herd in 1949 made a genetic contribution to the breed of 33.1%, while the contributions of the four next most important herds were 17.4, 10.1, 7.4, and 6.1%. In the four-generation pedigrees from which these figures were derived, the contribution of imported animals was 56.1%. (v) The animal with the highest relationship to the breed was Free Town Director (Imp.), with direct relationships of 5.6 and 9.2% to the 1941 and 1949 samples respectively. Of the 16 sires and one dam whose direct relationships are 3.0% or more in any of the three sample years, 12 sires were imported. (vi) The total inbreeding in 1949 (base year 1880) was 2.6%. This comprised 0.2% current inbreeding, 1.6% long-term inbreeding, and 0.8% strain inbreeding. There was no evidence of subdivision of the breed into separate strains. (vii) The effective generation length has decreased since 1930 to about 5.5 years in the 1949–50 sample. Nearly 50% of the animals in this sample were sired by bulls 4 years old or younger, while about 33% were from dams 4 years old or younger. (viii) Bulls from major breeders' herds are used widely throughout the breed, while about 90% of sires and 45% of dams were bred in herds other than the one in which they were used. Therefore, it is unlikely that there is much genetic variation between herds.

The breed structure and genetic analysis of the pedigree cattle breeds in Australia. II. The Poll Hereford

1960 ◽  
Vol 11 (6) ◽  
pp. 1072 ◽  
Author(s):  
JSF Barker ◽  
GP Davey
Keyword(s):  
Sampling Methods ◽  
Herd Size ◽  
Rapid Expansion ◽  
Genetic History ◽  
Effective Generation ◽  
History Of ◽  
The One ◽  
Genetic Contributions ◽  
The Relationship

(i) The breed structure and genetic history of the pedigree Poll Hereford breed in Australia are analysed by pedigree sampling methods. (ii) The basic pattern of the breed structure is similar to that found in other studies, but it is both diffuse and dynamic owing to the present rapid expansion of the breed. There are a number of herds moving into the major breeders' group and there are many new herds yet to find their level in the structure. (iii) An attempt is made to determine why particular herds become major breeders' herds. It is suggested that the use of imported animals is important, while there is evidence that those herds apparently moving into this group show a higher degree of selective registration of males. The relationship between herd size and importance of the herd is considered. (iv) The breed has developed since 1920 entirely from imported Poll Hereford and from imported and Australian-bred horned (pedigree Hereford) animals. The percentages of genes in the breed in 1949 derived from these animals are 64.3 and 35.7 per cent. respectively. (v) The most important herd in 1949 has a genetic contribution to the breed of 26.9 per cent. However, the genetic contributions of the four next most important herds are only 6.7, 6.1, 5.1, and 4.5 per cent. In the four-generation pedigrees from which these figures are derived, the genetic contributions of imported and horned animals are respectively 56.3 and 36.6 per cent. (vi) The animal with the highest relationship to the breed is Woodrow 1st (imp.), with direct relationships of 2.0 and 9.3 per cent. to the 1937 and 1949 samples respectively. Of the 14 sires and three dams whose direct relationships are 3.0 per cent. or over in either of the two sample years, nine sires and two dams are imported but none is horned. (vii) The degree of inbreeding (base year 1920) is calculated. The total inbreeding in 1949 (1.8 per cent.) comprises 0.8 per cent. current inbreeding, 0.6 per cent. long-term inbreeding, and 0.4 per cent. strain inbreeding. There is no evidence of subdivision of the breed into separate strains. (viii) The effective generation length is approximately 5.5 years. Nearly 50 per cent. of the animals in the 1949-50 sample are sired by bulls 4 years old or younger, while nearly 40 per cent. are from dams 4 years old or younger. (ix) It is not likely that there is much genetic variation between herds. Bulls from major breeders' herds are used widely throughout the breed while about 80 per cent. of sires and 60 per cent. of dams are bred in herds other than the one in which they are used.

scholarly journals Impact of atrial fibrillation pattern on outcomes after left atrial appendage closure: lessons from the prospective LAARGE registry

2021 ◽  
Author(s):  
Shinwan Kany ◽  
Johannes Brachmann ◽  
Thorsten Lewalter ◽  
Ibrahim Akin ◽  
Horst Sievert ◽  
...  
Keyword(s):  
Atrial Fibrillation ◽  
Left Atrial Appendage ◽  
Systemic Embolism ◽  
Long Term Outcomes ◽  
Increased Risk ◽  
History Of ◽  
One Year ◽  
The One

Abstract Background Non-paroxysmal (NPAF) forms of atrial fibrillation (AF) have been reported to be associated with an increased risk for systemic embolism or death. Methods Comparison of procedural details and long-term outcomes in patients (pts) with paroxysmal AF (PAF) against controls with NPAF in the prospective, multicentre observational registry of patients undergoing LAAC (LAARGE). Results A total of 638 pts (PAF 274 pts, NPAF 364 pts) were enrolled. In both groups, a history of PVI was rare (4.0% vs 1.6%, p = 0.066). The total CHA2DS2-VASc score was lower in the PAF group (4.4 ± 1.5 vs 4.6 ± 1.5, p = 0.033), while HAS-BLED score (3.8 ± 1.1 vs 3.9 ± 1.1, p = 0.40) was comparable. The rate of successful implantation was equally high (97.4% vs 97.8%, p = 0.77). In the three-month echo follow-up, LA thrombi (2.1% vs 7.3%, p = 0.12) and peridevice leak > 5 mm (0.0% vs 7.1%, p = 0.53) were numerically higher in the NPAF group. Overall, in-hospital complications occurred in 15.0% of the PAF cohort and 10.7% of the NPAF cohort (p = 0.12). In the one-year follow-up, unadjusted mortality (8.4% vs 14.0%, p = 0.039) and combined outcome of death, stroke and systemic embolism (8.8% vs 15.1%, p = 0.022) were significantly higher in the NPAF cohort. After adjusting for CHA2DS2-VASc and previous bleeding, NPAF was associated with increased death/stroke/systemic embolism (HR 1.67, 95% CI 1.02–2.72, p = 0.041). Conclusion Atrial fibrillation type did not impair periprocedural safety or in-hospital MACE patients undergoing LAAC. However, after one year, NPAF was associated with higher mortality. Graphic abstract

How the Desert got a Past: A History of Quaternary Research in Australia’s Deserts

2014 ◽  
Vol 25 (2) ◽  
pp. 172 ◽  
Author(s):  
Mike Smith
Keyword(s):  
Climate Changes ◽  
Conceptual Space ◽  
The Past ◽  
History Of ◽  
The 1960S

This paper examines how the past of desert landscapes has been interpreted since European explorers and scientists first encountered them. It charts the research that created the conceptual space within which archaeologists and Quaternarists now work. Studies from the 1840s–1960s created the notion of a ‘Great Australian Arid Period'. The 1960s studies of Lake Mungo and the Willandra Lakes by Jim Bowler revealed the cyclical nature of palaeolakes, that changed with climate changes in the Pleistocene, and the complexity of desert pasts. SLEADS and other researchers in the 1980s used thermoluminescence techniques that showed further complexities in desert lands beyond the Willandra particularly through new studies in the Strzelecki and Simpson Dunefields, Lake Eyre, Lake Woods and Lake Gregory. Australian deserts are varied and have very different histories. Far from ‘timeless lands', they have carried detailed information about long-term climate changes on continental scales.

Is Uppsala model valid to fashion retailers? An analysis from internationalisation patterns of fast fashion retailers

2014 ◽  
Vol 18 (1) ◽  
pp. 36-51 ◽  
Author(s):  
Michelle Lynn Childs ◽  
Byoungho Jin
Keyword(s):  
Brand Image ◽  
Geographic Distance ◽  
Asset Specificity ◽  
Rapid Expansion ◽  
Market Selection ◽  
Fast Fashion ◽  
Niche Market ◽  
Content Type ◽  
Linear Pattern ◽  
Uppsala Model

Purpose – Uppsala internationalisation theory is highly utilised due to its simplicity and applicability. However, there are contrasting results on its assumption that firms follow a gradual internationalisation process. Literature shows that firm strategies (e.g. targeting a niche market) and firm resources (e.g. brand image and asset specificity) may decrease barriers of entry. Global fashion retailers possess these characteristics and may not follow a gradual internationalisation pattern. Therefore, the purpose of this paper is to examine whether fashion retailers that target a niche market, have a strong brand image and asset specificity will follow a gradual internationalisation pattern suggested by Uppsala. Design/methodology/approach – Two aspects of internationalisation (speed of internationalisation and market selection) were analysed. Market selection was measured by three aspects of distance (geographic distance, economic distance, and culture distance). Data were collected utilising secondary sources and internationalisation patterns were calculated using existing formulas. Findings – Overall, results provided partial support for Uppsala model. After cautious expansion early in internationalisation, fashion retailers experience a period where rapid expansion exists. During initial internationalisation, geographically and economically close markets were chosen, which mirror the Uppsala model. However, no incremental patterns were observed thereafter. In addition, after initially moving to culturally close countries, firms moved to countries with close cultural proximity to each other rather than close to home market. Research limitations/implications – The findings are based on three cases of fast fashion retailers; thus, for further generalisation, if the findings will be applicable to other fashion firms which have different strategies and resources needs to be examined. Originality/value – This study is one of the first attempts to research the applicability of Uppsala model to fashion retailers. By investigating fashion retailers that target niche markets, have strong brand image and asset specificity; the paper adds additional empirical evidence of situations where internationalisation does not follow the linear pattern that Uppsala model argues.

Are jacks-of-all-trades successful entrepreneurs? Revisiting Lazear's theory of entrepreneurship

2020 ◽  
Vol 15 (3) ◽  
pp. 411-430
Author(s):  
Agnieszka Kurczewska ◽  
Michał Mackiewicz
Keyword(s):  
Design Methodology ◽  
Success Factors ◽  
Negative Influence ◽  
The Body ◽  
Entrepreneurial Success ◽  
Content Type ◽  
Logit Regression ◽  
Managerial Experience ◽  
A Company

PurposeThe purpose of this paper is to identify human capital factors that pertain both to setting up and successfully running a business. To achieve this objective, the authors apply and extend the theory of career choice offered by Lazear (2005) that explains individual selection into entrepreneurship.Design/methodology/approachThe authors hypothesise that individuals with broader educational and professional backgrounds are more likely to start a business and are more likely to run a business in the long term. The authors tested the hypotheses using unique data from 800 current entrepreneurs, 800 employees who were previously entrepreneurs and 842 employees with no entrepreneurial experience, by means of a logit regression with robust standard errors and extensive robustness checks.FindingsThe authors empirically show that individuals with more diverse educational and professional backgrounds tend to have both greater chances of starting a company, as well as a higher probability of entrepreneurial success. Surprisingly, having managerial experience proved to exert a negative influence on the likelihood of starting a business while having an insignificant impact on the odds of entrepreneurial success.Research limitations/implicationsThe findings are informative for those planning or pursuing an entrepreneurial career, but they are also relevant for the purpose of entrepreneurship education.Originality/valueThe author's extend the body of research supporting Lazear's (2005) theory by showing that broad education and professional experience not only contribute to a higher propensity to start a company but they are also success factors in business per se.

Shareholder activism impact on efficiency in Brazil

2019 ◽  
Vol 19 (1) ◽  
pp. 141-157 ◽  
Author(s):  
Paula Guimaraes ◽  
Ricardo P.C. Leal ◽  
Peter Wanke ◽  
Matthew Morey
Keyword(s):  
Shareholder Activism ◽  
Efficiency Score ◽  
Data Envelopment ◽  
Truncated Regression ◽  
Two Stage ◽  
Content Type ◽  
Financial Characteristics ◽  
Long Term Impact ◽  
A Company

Purpose This paper aims to investigate the long-term impact of shareholder activism on Brazilian listed companies. Design/methodology/approach This study uses a sample of 194 companies in 2010, 2012 and 2014 and a two-stage data envelopment analysis to generate an efficiency score based on corporate governance, ownership structure and financial characteristics of companies. In the second stage, the study applies a bootstrap truncated regression to identify whether there is a relationship between the efficiency scores and a company-level activism index. Findings The results show a negative correlation between the efficiency scores and the activism index, suggesting that activist shareholders tend to target less efficient companies. A time analysis over the period 2010-2014 does not offer evidence of impacts of activism on changes of the efficiency scores. Practical implications Activist shareholders target less efficient companies. Shareholder activism increased after regulation that facilitated shareholder voting and required greater company transparency was introduced. Originality/value The two-stage nature of the procedure used in the analysis ascertains that this result is not spurious, assuring data separability between productive resources and contextual variables. This study contributes to the scarce literature on activism in emerging markets.

The ‘Brazilian Connection’ in the History of American Linguistics

1999 ◽  
Vol 26 (3) ◽  
pp. 355-382
Author(s):  
Cristina Altman
Keyword(s):  
New York ◽  
The United States ◽  
South American ◽  
Columbia University ◽  
Structural Linguistics ◽  
History Of ◽  
Roman Jakobson ◽  
The 1950S ◽  
The 1960S ◽  
The One

Summary When mention is made of Brazil in connection with American linguistics, it usually amounts to a reference to the Linguistic Circle of New York, where Roman Jakobson (1896–1982) and Claude Lévi-Strauss (b.1908), who had come from Brazil where he had done ethnological work, met and exchanged ideas. This singular event has cast a shadow on other contacts between Brazil and American linguistics, of which, the one between Jakobson and the Brazilian linguist Joaquim Mattoso Câmara (1904–1970) was much more consequential, at least as far as the implementation of structural linguistics in Brazil and in South America generally during the 1950s and the 1960s is concerned. Mattoso Câmara came to the United States and spent most of his time in New York City (September 1943 till April 1944), where he got exposure to Praguean type structuralism, notably through Jakobson’s lectures he attended at Columbia University and at the École Libre of New York, which had been established by European refugees at the time. He also participated in the first meetings of the Linguistic Circle of New York in 1943 as one of its co-founders. Following his return to Rio de Janeiro, Mattoso Câmara proposed, in 1949, as his doctoral thesis a phonemic description of Brazilian Portuguese. The work was published a few years later, in 1953. His most influential work, Princípios de Lingüística Gerai, first published in 1954, had two more revised and updated editions (1958, 1967) and served to introduce several generations of Brazilian as well as other South American students to structural linguistics during the 1950s and 1960s.

Bertrand Russell in Bollyworld

2019 ◽  
pp. 199-228
Author(s):  
Raminder Kaur
Keyword(s):  
Linear Equations ◽  
Bertrand Russell ◽  
Popular Cinema ◽  
Historical Film ◽  
The Pacific ◽  
History Of ◽  
The 1960S ◽  
The One ◽  
The Cold War ◽  
Jawaharlal Nehru

The chapter considers the scope of film to act as what is described as a ‘docu-drama-ment’ for conveying affective engagements with political history. It does so with a focus on unique incidents in the history of Indian popular cinema with the example of the film, Aman (Mohan Kumar, 1967). The discussion centers on the cameo appearance of a British philosopher, Bertrand Russell, in the film along with phantasmal invocations of Indian anti-nuclear weapons protagonists such as India’s first prime minister, Jawaharlal Nehru, and reproductions of the 1945 atomic attack in Hiroshima and subsequent nuclear tests in the Pacific. The chapter considers how the film may be viewed in terms of a ‘corporeal compound lens’ on the political vicissitudes of the 1960s. With such an approach – on the one hand to do with the assemblage of a historical film, and on the other, to do with the way this intersects with compound lines of reflexive reception – the author shows how the ‘docu-drama-ment’ moves away from linear equations of the filmic signifier with the signified - or the film and the represented - to one that revels in affective residues and resonances that are a constitutive force in socio-political realities of the Cold War era. 

Overeducation, persistence and unemployment in Spanish labour market

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nuria Sánchez-Sánchez ◽  
Adolfo Cosme Fernández Puente
Keyword(s):  
Education Reform ◽  
Labour Market ◽  
The United States ◽  
Short Term ◽  
Content Type ◽  
Unemployment Rates ◽  
High Elasticity ◽  
The One ◽  
Term Labour

PurposeThe phenomenon of overeducation and the magnitude and persistence of the imbalance impact are analysed for the Spanish labour market from 2006 to 2013.Design/methodology/approachThe authors present random-effects probit estimations comparing individuals and their short-term and long-term labour mismatches.FindingsThe results support the existence of long-term persistence (status in the previous year) and short-term persistence (status at the beginning of the observed period) in overeducation. Precariousness in the labour market, measured by temporality or by the strong destruction of employment, could force individuals to choose a job below their qualification. Additionally, the phenomenon of overeducation is shown to have increased in the period 2010–2013 in relation to the period 2006–2009 independently of the region considered, though those regions with higher unemployment rates display greater imbalances.Research limitations/implicationsAlthough the results come from two different samples, it is possible to conclude that overeducation is a phenomenon that tends to perpetuate over time in Spain.Practical implicationsOne of the issues of greatest interest that is crucial to assess the relevance of the spreading of overeducation is whether overeducation can be considered as a temporal mismatch, in which case the seriousness of the problem would not be so important, or, on the contrary, as a persistent one, in which case, governments should take it into account in their education reform programmes.Originality/valueOvereducation persistence has been studied in countries such as the United States, Canada, Switzerland or Germany; however, in Spain, there are hardly any studies. Spanish labour market has certain specificities that make the analyses relevant: the high unemployment rates and high elasticity of employment with respect to the economic cycles. Under these circumstances, workers could opt for more stable positions that require a lower qualification than the one they have. This option could be even more convenient during crisis. Additionally, the article includes a disaggregated analysis by Spanish regions. The differences in the unemployment rates within and between regions are significant (some of them had at the beginning of the crisis an unemployment rate close to 7%, while in others it exceeded 12%) which allows the authors to study the phenomenon in different contexts.

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