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Essay text:
Low value of CDN dollar means lower price for American, good for exportation.
Threats: a Comparative high labour costs , squeeze profit margins; b The trend ‘dressing down’ shift buyers` needs and tastes away from the products c. Costly follow the fashion pace.
B Industry
1.Clothing industry is labour intensive; Knitting is more capital intensive; men`s sweaters-less susceptible to style changes and quicker to embrace technological advancement
2 Sweaters will be in fashion again.
3 Competitors Analysis:
EXHIBIT 1 Major competitors profiles
Name Location Age in years Employees Sales($000 000) Exporting Male product
Standard Knitting Ltd Winnipeg 23 100 <$25 Yes-U...
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