Holly Fashion - 2692 Words

cASE 6 HOLLY FASHIONS RAT I O A N A LYSI S Billion-dollal a pparel c ompanies s uch a s C alvin K lein a nd L iz C laiborne a re unusual i n t he g arment i ndustry, w hich c onsists p rimarily o f m uch s malier apparel m akers. O ne s uch f irm i s H olly F ashions ( HF), l ocated i n C herry F lill, New J eriey. H F w as s tarted 1 4 y ears a go b y W illiam H amilton a nd J ohn W hite, who b etween t hem h ad o ver 2 5:yearso f e xperiencew ith a m ajor g arment m anufacturer. A nd t he p artnership i nitially b lended v ery w ell. H amilton, r eserved and i ntrospective, i s e xtremely c reative w ith a r eal f lair f or m erchandising a nd trend s potting. M ainly a s a r esult o f h is g enius, t he H F l abel i s s ynonymous with†¦show more content†¦2. P art o f H amiltons e valuationw ill c onsisto f c omparingt he f irms r atios t o . the industry numbers shown in Exhibit 3. (a) Discuss the limitations of such a comparative financial analysis. (b) In view of these limitations, why are such industry comparisons so frequentlym ade? 3, Hamilton thinks thai the profitability of the firm to the owners hasbeenhurt by Whites reluctanceto use ftuch inteiest-bearing debt. Is this a reasonable position?E xplain. 4. The case mentions that {hite rarely takes trade discounts, which are typically 1 /10, n et 3 0.D oest his s eeml ike a w ise f inancialm ove?E xplain. 5. C alculatet he c ompanysm arket-to-book dV/BV) r atio. ( Therea re 5 ,000 O shares f c ommons tock.) o 6. Hamiltons position is that White has not competently managed the firm. Defend this position using your previous an.swers nd other information in a the c ase. 38 PARTII FINANCIAL ANALYSIS 7. Vyhites position is that he has effectively managed the firm. Defend this position using your previous answers and other information in the case. 8. Play the role of an arbitratoi. Is it possible based on an examination of the firms r atios a nd o ther i nformation i n t he c aset o a ssessW hites m anagerial competmce? Defend your position. 9. ( a) A re t he r atios y ou c alcul:ited b ased o n m arket o r b ook v alues? E xplain. (b) W ould y ou p refer r atios b ased o n m arket c ir b ook v alues? E xplain. EXHIBIT 1Show MoreRelatedHolly Fashion2683 Words   |  11 PagescASE 6 HOLLY FASHIONS RAT I O A N A LYSI S Billion-dollal a pparel c ompanies s uch a s C alvin K lein a nd L iz C laiborne a re unusual i n t he g arment i ndustry, w hich c onsists p rimarily o f m uch s malier apparel m akers. O ne s uch f irm i s H olly F ashions ( HF), l ocated i n C herry F lill, New J eriey. H F w as s tarted 1 4 y ears a go b y W illiam H amilton a nd J ohn W hite, who b etween t hem h ad o ver 2 5:yearso f e xperiencew ith a m ajor g arment m anufacturer. A ndRead More American Pie Essay4608 Words   |  19 Pagesand use them for inspiration which also shows that the music of our past still has an effect on the music of any time period. The fact that McLean’s idol was Buddy Holly, and the song has many similar qualities, adds to the meaning of the song. Even though it was written over ten years after Holly died, â€Å"American Pie† is a tribute to Holly and a depiction of how the world changed after his death. When you first listen and read the lyrics, â€Å"American Pie† appears to be about a person reflecting backRead More The Cycle of Fashion Essay1844 Words   |  8 PagesThe Cycle of Fashion Fashion is fuelled by conversion. Designers continually persuade the public that their new ideas, however shocking they may seem, are in fact everything that a stylish wardrobe requires. Next season, the same designers convince everyone to give up their allegiance to such out-modish designs and embrace instead the innovative visual trends of the latest collections. The same garments are successively dubbed outlandish, in fashion and out-dated according to the apparentRead MoreThe Negative Effects of the Fashion Industry on Eating Disorders1290 Words   |  6 PagesENG 150 18 October 2012 The Negative Effects of the Fashion Industry on Eating Disorders While it’s fashion week in London, the size â€Å"zero† models start to prepare for the big show by purging to be as thin as possible. Most models starve themselves in order to achieve the â€Å"waif†, stick-thin figure; it becomes so addictive, almost like second nature that it further leads to serious eating disorders. From recent studies, today’s model weighs about 23% less than the normal woman. Clearly, mostRead MoreWomen And Hepburn : The Character Of Audrey Hepburn828 Words   |  4 Pagesand dress today. For starters, the actress who played the main character, Holly Golightly, was Audrey Hepburn, she played the part perfectly. This helped change fashion and behavior because Audrey Hepburn was idolized by so many young girls even today. Moreover, this movie’s fashion choices showed that no matter who you are you can dress like a million dollars without name brands, with the help of accessories. Finally, Holly Golightly acted differently than almost all women in the 1960’s. She showedRead MoreTheoretical Assumptions : An Essential Literacy Skill1276 Words   |  6 Pagesability. As is the case with reading ability, spelling ability can be classified into stages or levels. And in most cases students will progress through these levels in a predictable and interrelated fashion. As students begin to read more fluently, their writing becomes more fluent. Holly is an example where this is not the case. She is a proficient and fluent reader. She is not a fluent writer. Still, she is developing as a writer and, more specifically, a speller. Spelling is stillRead MoreFirst Few Years Of Marriage Essay855 Words   |  4 Pagesto work part-time and focus on raising their baby. They had Holly one year after their marriage, Abby started to focus her attention on Holly. Abby still made time to work on photography the first few years of Holly’s childhood, however, as Holly got older Abby started to put less time on photography. At first, Adam and Abby’s marriage was perfect, the communicated well and supported on another. There were a few small fights, but as Holly got older and Abby realized that she was not making time toRead MoreThe Film Production Of The Movie Production Industry1141 Words   |  5 Pagesaround Holly Golightly, a New York socialite who lives an extremely facetious, high class, and carefree lifestyle. S he wears the newest and trendiest fashion finds from Givenchy and Tiffany’s and spends her life going on extravagant dates with filthy rich men. She is a woman of absolutely zero commitment, often escorting the wealthy men without returning their affection.When Paul Varjak, a writer who is supported by a rich older woman named â€Å"2E†, moves into the same apartment complex as Holly, herRead MorePestel Analysis3439 Words   |  14 Pageswill leverage Holly Heels extensive knowledge of the women s retail shoe industry to quickly gain market share. Profitability will be reached by month ten and $284,000 will be generated in revenue in year three. Situation Analysis 2.0 Situation Analysis Passion Soles is entering their first year of operation. A comprehensive marketing plan is required to reach profitability and ensure future success. Passion Soles offers an unprecedented selection of current women s fashions. 2.1 MarketRead MoreThe Depiction of Women in Literary Texts1346 Words   |  5 Pagesfamily and inferior to men, which most often is the definition of femininity. However, in the text She written by H. Rider Haggard and well-known The Arabian Nights oral folk tales translated by Husain Haddawy, women are portrayed in a different fashion. The text She by H. Haggard portrays a woman who has lived for millennia and rules a tribe deep in Africa with terror brought by the power she acquired from the â€Å"Spirit of the Globe† (Haggard 257). The Arabian Nights features a woman that uses her