Textile Industry of UK Essay Example | Topics and Well Written Essays - 3000 words

Textile Industry of UK - Essay ExampleThese two companies are major UK stuff and apparel manufacturers. This report examines the product prospects for the two companies trends in fashion have been listed at the close of the report. The stick and objective is to analyze the growth of the industry as a whole with the two companies presenting the model for growth behavior.A come with with a vision to originate unconventional, vibrant outfits and frills was well established back in 2001 in East London. It initiated its work by printing t-shirts in a different style called class Printed T-Shirts This innovation got great appreciation and got famous in no time. The brand for its quality and uniqueness became respectable and spread its network in Japan, Paris and Italy. Creative uses and distinct style distinguish it from other(a) brands. The company has mission to en light your day with it diverse product range, catering to all ages (Lazy Oaf Company, 2009).Witnessing the accepted economic downfall throughout the populace the company has done remarkably well to maintain its lieu in the mart by taking timely initiatives and launching campaigns and promotional offers that helped it securing its share in the foodstuff (Lazy Oaf Prices, 2009). The prices of products have been kept in accordance with the buying ability of masses, not to deprive them their unspoiled to buy quality brand. At this circumstantial juncture the performance in terms of growth is acclivitous with innovation in Fashion stands as essential standpoint.Bay & browned CompanyA UK design studio that promotes exclusive compilation of ideas, print designs and notions fabricate for UK and various international fashion industries. Bay and Brown is playing a key role in boosting the image of the company all over the world in terms of scenery a benchmark regarding the fine prints and designs famous for their innovation and cost specialty (Bay & Brown Company, 2009).Comparison between Lazy Oa f Company & Bay & Brown CompanyI. course Setter Both the organizations are trend setters of their own particular type. Both have been initiating innovative ideas and setting a benchmark for the others to follow. This is not only limited to the borders of these countries but have certainly crossed other borders with convincing succeederes.II. Goodwill in the MarketThese leading organizations enjoy their goodwill in the market by providing and catering to the needs of the masses. The uniqueness of their brands has been one of the major factors contributing in their uphill goodwill. In this critical scenario of recession it is the most difficult work to keep up the brand name in the market but hats off to the companies which have been working for sustaining their brand names.III. Share in the MarketDue to increase market goodwill these organizations enjoy a handsome market share as well. In their success the role of the goodwill is of key importance as it increases the