This topic contains a solution. Click here to go to the answer

Author Question: Identify 3 celebrities who have developed licensed fashion lines. Describe these lines and analyze ... (Read 43 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
Identify 3 celebrities who have developed licensed fashion lines. Describe these lines and analyze the connection between the celebrity and the product.
 
  What will be an ideal response?

Question 2

The store wants to achieve a 51.6 markup. How does the average markup, that was calculated in Question 3, compare to the store's goal? What can be done to help bring the markup percent closer to the desired goal?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meow1234

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

Suggestions include Martha Stewart and all of her home improvement or quality living
products from picture frames to cookbooks to paint colors. This stimulates the economy by
the connection of her empire to companies such as Lowe's, Macy's, as well as her own online brand. This creates demand in the production, distribution, retail, and Internet business as
we all would like to emulate Martha's life style.
Other designers and celebrities may be cited as well from Paloma Picasso for Tiffany, to
Reece Witherspoon for Avon fragrances.

Answer to Question 2

The markup on the group of sweaters, blouses, pants, and skirts falls short of the desired markup of 51.6. In order to better meet the desired goal, the store can try reducing some of its expenses, especially those that are not fixed. It can also try to secure lower cost prices on items purchased from vendors so that a higher individual markup may be placed on merchandise.




genevieve1028

  • Member
  • Posts: 601
Reply 2 on: Sep 11, 2018
Thanks for the timely response, appreciate it


ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

For a complete list of videos, visit our video library