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

ANOVA Article Critique

According to DSM-IV, Autisms constitutes a chronic mental ailments that develop in the early years of childhood and persists throughout an individual’s life. It is a prevalent mental disorder that affects an estimated one out of eighty-eight chi...ANOVA-Article-Critique …

Read Article
The Evolution of iPhones

The iPhone is a line of Smartphone that are designed and marketed by the Apple Inc. They run through an iOS mobile operating system. Steve Jobs, one of the brains behind the iPhone and the Apple company, made a speech in January 2007 promising tha...The-Evolution-of-iPhones …

Read Article
Decoding Millennial Myths: Unveiling Realities and Defying Stereotypes in the Digital Age

Unveiling the Millennial Conundrum: Breaking Stereotypes and Understanding Realities   There are great misconceptions and suppositions in the society today that depict millennials as lazy and highly dependent on social media. This is a ...Decoding-Millennial-Myths:-Unveiling-Realities-and-Defying-Stereotypes-in-the-Digital-Age …

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