Industry analysis: Windows Wear | MyPaperHub

Introduction:

•         What industry is this firm in? Is this evolving?

Windows Wear is within the clothing industry but also has some dynamisms of the tourism sector in within its operation since  is within the clothing industry but also has some dynamisms of the tourism sector in within its operation since they are exploring the option of having a museum. The clothing and tourism industries are some of the fastest evolving sectors not only in the United States but also in the world. There are usually fast changing trends in the fashion and clothing industry while there is increasing competition in the tourism sector locally ad globally which has called for diversification and also innovations such as the WindowsWear to stay ahead of the competition (Mak, 2003).

•         What are some of the key dynamics driving WindowsWear?

The fundamental dynamics driving the business is the presence of a lot of clothing previously on display that is disposed or dumped since the shop owners cannot sell them or have no idea on what to do with them. The fact that the business is the first of its kind is also an important dynamic for WindowsWear. The other fundamental dynamic of the business is its uniqueness in that it fits in more than one industry being a player in both the clothing and the tourism industries thus increasing the scope and demographic of its targeted market (Lu, 2015).

•         How is the demographics of the industry changing?

The demographics of the industry are changing in that the generational changes in society present new dynamics of what is perceived as vintage for every generation (Boettcher & Gaines, 2004). Moreover, there is an increase in the local urban tourism in the country with more and more individuals realizing that there is still so much they can explore the local scene hence that is an advantage of the Windowswear that may factor in such a demographic (Cocks, 2001). Moreover, with the global and domestic economic strains, there is a need for relatively cheaper options for the tourism sector (Aaker & McLoughlin, 2010). It is this that is encouraging the local tourism further and the continued seeking of opportunities for the thrill and innovative endeavors to uphold without having to incur too much cost on traveling and all transnational touristic related expenses (Aaker & McLoughlin, 2010).   

Additional articles

Tuition Reimbursement Letter

To: All Company Employees From: Human Resource Director Date: 22nd February 2017. Subject: Tuition Reimbursement             This letter is directed to all the company employees ex...Tuition-Reimbursement-Letter …

Read Article
Leadership and Personal Brand

Introduction Leadership can be described as self-power and feeling to control things, people or events. For one to be a leader, the person has to have self-confidence, positive, and free minded to believe that he or she will achieve the leader...Leadership-and-Personal-Brand …

Read Article
The Harmonic Tapestry: Unveiling the Musical Brilliance of Barry Manilow's 'Could It Be Magic

Decoding 'Could It Be Magic': Barry Manilow's Symphony of Melody and Chopin's Prelude 20   The song is called could it be magic and was composed by Barry Manilow. It was released in the year 1971 and was a major hit. It was initially d...The-Harmonic-Tapestry:-Unveiling-the-Musical-Brilliance-of-Barry-Manilow's-'Could-It-Be-Magic …

Read Article
Let's give your paper the attention it deserves