1,721,336 research outputs found
Evidence from Chinese acquisitions of Made in Italy firms – The acquisition of a premium manufacturing firm.
No full textOutward Foreign Direct Investments (OFDI) from emerging economies have begun to increase significantly and have been growing at a faster pace than FDI from the developed world. This research seeks to assess the impact of Chinese acquisitions and their implications for the Made in Italy luxury sector and its firms. This paper presents the preliminary results stemming from a single case study on a Chinese acquisition in order to provide some in-depth insights over the influences and the motives driving Chinese firms to invest in the premium manufacturing Made in Italy, the patterns and modes of the Chinese acquisitions as well as the competitive strategies and the distinctive challenges that both investors and acquired firms have to face. From the findings, it emerges that both the investor and the acquired firm need to overcome several key challenges if they want to mutually benefit from the acquisition
CHINESE ACQUISITIONS AND THEIR IMPACT ON THE MADE IN ITALY LUXURY SECTOR: A PRELIMINARY REVIEW OF THE LITERATURE
No full textThe competitiveness of the Made in Italy luxury industry is in question. Traditionally Foreign
Direct Investment (FDI) has flowed from the advanced developed economies into developed and
developing countries. More recently a new trend has emerged in the pattern of FDI. Outward bound
FDI from emerging economies has begun to increase significantly and has been growing at a faster
pace than FDI from the advanced developed world. The paper provides a preliminary assessment
of the literature on Chinese acquisitions and their impact on the Made in Italy luxury sector. The
preliminary literature review is part of the project FDI-LUX which has been funded by a Marie
Curie CIG grant and only recently started. The overall goal of the project is to establish and
implement a substantial research agenda that will assist policy makers in responding to this trend
and will be of value to all stakeholders in the Italian luxury industry as they face this facet that
inevitably globalization entails
Preface
No full textThe book on Advanced Fashion Technology and Operations Management provides an edited collection of chapters on empirically based theories, their application and practices in the field of operations management in the fashion sector. Providing relevant and current research, this publication is useful for researchers,scholars, and practitioners interested in improving their understanding of fashion technology in a volatile and creative environment.
The book provides some illustrative evidence of fashion technology applications across a wide spectrum of operations. In particular, the book provides some evidence on how fashion technology can foster the development of new business models, by for example enabling co-creation for premium product innovation in both menswear and womenswear adaptation. Additionally, the use of advanced technology is apt to introduce new forms of collaboration across the supply chain, novel approaches in terms of reverse logistics as well as enabling innovative practices in terms of collaboration and co-creation. In particular, the application of advanced fashion technology is radically transforming both traditional fashion retail and by enabling innovative forms of interaction in terms of online marketing experiences. In relation to the former, the adoption of advanced fashion technology enhances the shopping experience with the aid of a wide range of customer-facing technologies, including virtual reality where a shop of the future can be envisaged by bridging online and offline experiences by ultimately leading to almost a seamless “phygital” retail experience. As for the latter, drawing on a better understanding of online fashion behaviour and its cross-cultural implications advanced fashion technology can be used to empower the consumer who can provide user-generated content, rely on reviews and benefit from size recommendations as well as obtaining heritage fashion products where the past and the future become inevitably intertwined. The collection of 16 edited chapters of this book reflects the emphasis on emerging and often novel business practices in diverse facets of operations management stemming from the application of advanced fashion technology.
The book is divided into foursections that are underpinned by the following themes:Business Models, Supply Chain, Logistics and Collaboration, Fashion Retail and Online Marketing
The Strategic Drivers of Chinese Acquisitions – The emblematic evidence of Italian luxury firms
No full textThis research seeks to assess the impact of Chinese acquisitions and their implications for the Italian firms in the luxury sector. This paper presents a cross-case analysis of four Chinese acquisitions in order to provide some in-depth insights into the strategic drivers moving the Chinese firms to invest in the luxury sector. The study contributes to our understanding of how emerging market firms acquire firms from advanced economies and how such acquisitions contribute to the acquiring firms’ performance and competitiveness. To this end, the distinctive strategic drivers that were associated with the Chinese acquisitions were identified
Chinese Acquisitions in Developed Countries - Operational Challenges and Opportunities
No full textThis book assesses Chinese acquisitions in developed countries, evaluates the drivers and opportunities and, above all, explores the major operational challenges. It discusses topics such as cross-cultural issues, integration strategies, risk and resilience, the influence of emerging technologies, servitization, impacts on reshoring, corporate social responsibility, branding strategies, knowledge management, and transfer of best practices.
While emerging market multinational corporations’ (EMNCs) use of mergers and acquisitions as a strategic vehicle has received considerable attention, much less is known about their post-entry activities, such as implementation of post-acquisition and integration strategies. It can be expected that, compared with their Western counterparts, EMNCs will face radically different challenges that may undermine the success of their products, brands and marketing. Addressing these issues by means of a case study approach, this book is an ideal teaching resource for a variety of courses at both undergraduate and postgraduate level. It also appeals to academics, researchers, and practitioners with a keen interest in manufacturing industry
The Strategic Drivers of Chinese Acquisitions – The emblematic evidence of Italian luxury firms
No full textThis research seeks to assess the impact of Chinese acquisitions and their implications for the Italian firms in the luxury sector. This paper presents a cross-case analysis of four Chinese acquisitions in order to provide some in-depth insights into the strategic drivers moving the Chinese firms to invest in the luxury sector. The study contributes to our understanding of how emerging market firms acquire firms from advanced economies and how such acquisitions contribute to the acquiring firms’ performance and competitiveness. To this end, the distinctive strategic drivers that were associated with the Chinese acquisitions were identified
The Strategic Drivers of Chinese Acquisitions – The emblematic evidence of Italian luxury firms
No full textThis research seeks to assess the impact of Chinese acquisitions and their implications for the Italian firms in the luxury sector. This paper presents a cross-case analysis of four Chinese acquisitions in order to provide some in-depth insights into the strategic drivers moving the Chinese firms to invest in the luxury sector. The study contributes to our understanding of how emerging market firms acquire firms from advanced economies and how such acquisitions contribute to the acquiring firms’ performance and competitiveness. To this end, the distinctive strategic drivers that were associated with the Chinese acquisitions were identified
The internationalization of a family business group The ownership, the leadership and the importance of the socio-emotional wealth dimensions
Full text linkPurpose – The purpose of this paper is to provide some illustrative evidence to understand the distinctive
forms of governance implemented by a well-established family business group (FBG) and to highlight the
relative importance given to the different dimensions of socio-emotional wealth (SEW) during the
internationalization process.
Design/methodology/approach – Drawing on multi-level and longitudinal data, the research provides
in-depth insights into how the affiliated firms are linked to the focal firm, how the founding family in a large
FBG organizes the top leadership roles spanning multiple countries and whether the inter-organizational and
inter-personal networks changes over time and which are the most important items representing the SEW
dimensions.
Findings – From the findings, it emerges that family ownership, family leadership and the presence of
trusted people as pivotal actors in the FBG’s internationalization process.
Originality/value – The originality of the research stems from its contribution because despite providing
illustrative evidence based on a single case-study, the findings offer additional insights over the importance of
and the instrumental role played by SEW preservation as a perspective to explain FBGs’ internationalization
Slow Fashion and Sustainability: The Luxury Impact
No full textThe fashion industry is contributing to today's sustainability challenge in a number of ways. Despite all the advantages of modernization, the pace of life is getting frantic and societal behaviour is in conflict with natural resources. Thus, an urgent need arises to ensure quality in production and improve social and environmental conditions. In this vein, slow fashion emerges as a revolutionary process, which is sensitive to the impact that production and distribution have on society and ecosystems. This chapter contributes an original discussion by exploring how luxury fashion could be valuable for long-term sustainability. While luxury fashion is growing fast, it is interesting to ask to what extent luxury fashion could have a positive impact on sustainability due to quality, heritage and artisan skills. This chapter looks deeply into (i) how luxury fashion could enhance sustainability through sustainable sourcing and local manufacturing, and (ii) how the slow fashion concept could be further endorsed through luxury
The Orbital Circular Economy Framework—Emblematic Evidence from the Space Industry
No full textA means of shifting society to becoming resource-efficient and creating a much-needed “resource
revolution” is the so-called Circular Economy. It is intended as an alternative to the traditional
linear economy (make, use, dispose) in which resources are kept in use for as long as possible,
while extracting the maximum value from their use and then recovering and regenerating products
and materials at the end of each service life. However, its implementation as a business strategy
has tended to be at a very superficial level. By drawing on the principles of the Circular Economy
and on the resource-based view and dynamic capabilities including ambidexterity and business
model innovation, we develop a novel framework for scoping and managing the Circular Economy
that encapsulates the key stages of progression to sustainable competitive advantage. We then validate
this novel framework by examining the experiences of private actors in the Space Sector to
assess their engagement with the Circular Economy. We identify key lessons for managers that
have broad applicability to other industrial sectors
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