Abstract
In 2013, โFashion Destinationโ, a well-established clothing retailer considered setting up a clothing and accessories rental service. They hired a market research agency โWright & Companyโ to conduct a research on the sustainability and profitability of such a business model. The consultants collected primary data and did an extensive analysis for Fashion Destination. Based on the secondary research, expert interviews, extensive qualitative and quantitative research the consultants recommended the management to start a clothes and accessories rental service but suggested that the product offering be limited to formal clothes only and offer accessories. Vishal had doubts despite of the go-ahead signal from consultancy. He wondered what recommendations should he accept and which needed further verification.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have