International Garments Limited (IGL) was part of a conglomerate having 1987 revolutionise of £1,400 million from three principal(prenominal) product groups, which were further divided up into 19 profit centers. IGL had over 50 separate train sites in various parts of the United Kingdom, and a upset of £200 million per year. IGLs principal(prenominal) activities were in manufacturing garments chthonic deoxidise for exchange under the brand names of epic poem retailers. The headquarters of IGL were in Middleton, at the site of one of the main production units of its special Garments pigeonholing. In common with the rest of the U.K. textile and garment industry, IGL faced problems of increasing competition from overseas suppliers, in particular relatively low-wage Newly Industrializing Countries like Hong Kong. IGLs redundant Garments Group was feeling these competitive pressures and searching for appropriate strategies. In early 1983, the Special Garmen ts Group commissioned a excerpt from a management consultancy group on the future of its generate garments business. The Consultants Report and Investment Proposals In August 1983, the management consultants came puke to the Special Garments chief executive with their reports on strategic opportunities for sale to the Special Garments Group.
Their analysis was that in the contract garment business, the cut short hat opportunities for IGL lay in producing relatively eminent-pitched volumes of fashionable, and high value-added, garments for major retail groups. This, combined with major capital investment fund s, would enable IGL to cope not only on pri! ce and woodland further also on other grounds, notably belt along of rejoinder to changes (buyer misjudgment) in the market in aspects such as disguise and design. Based on this analysis, a detailed investment project was drawn up by the Special Garments Group and submitted to the IGL advance in October 1983. The stated aims were to: (i) increase the proportion of high value-added deal; (ii) improve the speed of response to market...If you want to know a full essay, order it on our website: OrderCustomPaper.com
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