{"id":12050,"date":"2025-02-03T18:32:53","date_gmt":"2025-02-03T18:32:53","guid":{"rendered":"https:\/\/gccwebsites.com\/startupsales\/?p=12050"},"modified":"2025-02-03T18:32:53","modified_gmt":"2025-02-03T18:32:53","slug":"blog-post-2-2","status":"publish","type":"post","link":"https:\/\/gccwebsites.com\/startupsales\/blog-post-2-2\/","title":{"rendered":"Blog Post 2"},"content":{"rendered":"<p><span class=\"TextRun SCXW146750186 BCX8\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW146750186 BCX8\">For my second blog post I looked at an article talking about H&amp;M <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">their <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">black Friday<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> disappointment and why it happened. <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">The quarter was a percentage lower than what was expected for the <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">company,<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> leaving investors disappointed<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">. Since the clothing industry is such a <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">competitive<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> market H&amp;M <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">now has<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> put a lot of money into their marketing and <\/span><span class=\"NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW146750186 BCX8\">trying<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> to bring in new and trendy fashion<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">, this is all to regain market share. <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">H&amp;M usually focuses on lower-cost fashion, but now because of business they are going<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> to offer prices at <\/span><span class=\"NormalTextRun AdvancedProofingIssueV2Themed SCXW146750186 BCX8\">various different<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> prices <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">and<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> bring their manufacturing closer to home.<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> A<\/span> <span class=\"NormalTextRun SCXW146750186 BCX8\">lot of people have a strong distaste for <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">H&amp;M s<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">ince the prices are so low correlating to people <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">believing that <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">their clothes are made cheaply; which they usually are. I have always loved shopping at H&amp;M since<\/span> <span class=\"NormalTextRun SCXW146750186 BCX8\">they are <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">cheap,<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> and fashion is now <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">quickly<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> in style then just as <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">quickly<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> out of style so why spend a ton of money on <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">clothes.<\/span> <span class=\"NormalTextRun SCXW146750186 BCX8\">However,<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> I <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">believe<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> that online shopping has really taken over <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">stores<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> like H&amp;M and Forever 21<\/span> <span class=\"NormalTextRun SCXW146750186 BCX8\">because <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">Shein<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> is so cheap and a lot more <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">convenient<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> for people rather than getting up and going to the store, <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">Shein<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> also tends to be less expensive. <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">I think it<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> is <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">a good idea<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> for H&amp;M to <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">have clothes that are a bit more expensive and higher quality <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">because<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> of <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">Shein<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">. <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">I think it<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> is smart to recognize the <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">competition<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> and how the game is <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">changing<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> even <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">though<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> they did not reference <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">Shein<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> specifically in the article, it is the truth and something they always need to be watching. <\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">Overall,<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> the company has realized to stay in the game there are a lot of changes that they need to make. <\/span><\/span><span class=\"TextRun SCXW146750186 BCX8\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW146750186 BCX8\">Chief Executive\u00a0Daniel <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW146750186 BCX8\">Erver<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\"> thinks that these changes are for the best and that the company is moving in the right direction<\/span><span class=\"NormalTextRun SCXW146750186 BCX8\">.<\/span><\/span><span class=\"EOP SCXW146750186 BCX8\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.wsj.com\/business\/earnings\/h-m-to-maintain-pace-of-investments-this-year-amid-strategic-shift-21622db3?page=1\">H&amp;M Sales Disappoint on Black Friday Timing &#8211; WSJ<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For my second blog post I looked at an article talking about H&amp;M their black Friday disappointment and why it happened. The quarter was a percentage lower than what was expected for the company, leaving investors disappointed. Since the clothing industry is such a competitive market H&amp;M now has put a lot of money into [&hellip;]<\/p>\n","protected":false},"author":3180,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12050","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/posts\/12050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/users\/3180"}],"replies":[{"embeddable":true,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/comments?post=12050"}],"version-history":[{"count":1,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/posts\/12050\/revisions"}],"predecessor-version":[{"id":12051,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/posts\/12050\/revisions\/12051"}],"wp:attachment":[{"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/media?parent=12050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/categories?post=12050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/tags?post=12050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}