07/08/2023

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Another Battle Large fashion chains now enters the battle of prices, as supermarkets recently. Chains such as Mango, Springfield, HM, and Bershka are tightening the accelerator pressed also by others such as Primark and Kiabi. The battle of prices on the one hand entails reductions in margins of profitability of the contenders, and in many cases reductions in quality, which can come from multiple sources: raw materials, in the quality controls, in the workforce involved in garments. It may also come from trimming the margin of providers, which is squeezed more. In both cases, this drop in profitability, which in principle it seems beneficial to the consumer, can have side effects, such as dismissals in companies that reduced their margins. The battles of prices must also consider the cost structure of the contenders, in this case they all large fashion, so the battle is hard. For example, in the case of the Irish Primark, a little less known in Spain, where it has with Twelve shops today, its success is based on very competitive prices with a product from a medium quality (therefore with a relationship quality price very good), with large stores, more than 4,600 m2, and location in commercial areas. You need to make other remarks regarding the prices and its effects wars, normally very negative, since in addition to the already discussed, they can get to fix a psychological level of price for customers, so that later it can be very difficult for companies to recover their normal level. In addition, they encourage a short-term view of the company, instead of looking for the survival and development of the same long-term. They do not usually discriminate between customers or customer segments, so that benefits all the world, and not only good customers. Not only must compete on price, on...
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That Bedouin Anas Ibn Malik, may Allah be pleased, said: we wondered not to the Messenger of Allah, peace and blessings of God be upon him, but he liked to take advantage of the arrival of some well-formed Bedouin to consult the Prophet and we learned of the response that is given to him. Once, a Bedouin appeared and said: Muhammad! An emissary of yours has come to visit us and told us that you said that you've been sent by God. The Prophet replied: the emissary has told the truth the Bedouin said: who has created the heavens? God. The Messenger replied. Charles Margulis is likely to agree. And the Earth. The Bedouin said. God. Said Muhammad. Who, because he raised these mountains and made them so? Asked the Bedouin. Learn more at: celebrity trainer. God. The Messenger replied. The Bedouin returned to ask: by the creator of the heavens, the Earth and mountains! Tell me the truth, have you been sent by God? The Prophet answered Yes. The Bedouin said: your emissary told us that we should perform five daily prayers. By God who sent you! Tell me If really you have ordered-God - tell us that or not. Yes. The Prophet said. Your emissary said that we should draw a portion of our assets in favour of the poor. The Bedouin said. The Prophet said: has spoken the truth. By God who sent you! Tell me if you really you have ordered-God - tell us that or not. The Prophet replied: Yes. Your emissary said that we should fast a month annually and it is the month of Ramadan. By God who sent you! Tell me if you really you have ordered-God - tell us that or not. The Prophet said: Yes. Your emissary told us that we should...