Menswearhouseis your assigned firm
Men’s Wearhouse. (NYSE: MW; http://www.menswearhouse.com/). The
Men’s Wearhouse, Inc. is a specialty apparel retailer operating in the United
States, Puerto Rico, and Canada. Its Retail segment offers a wide range of
apparel for men as well as selected ladies’ and children’s apparel; alteration
services; and retail dry cleaning, laundry, and heirlooming services. Its
Corporate Apparel segment provides corporate clothing uniforms and work wear to
workforces under the Twin Hill, Dimensions, Alexandra, and Yaffy brands. This
segment serves companies and organizations in the retail grocery, retail,
banking, distribution, travel and leisure, postal, security, healthcare, and
public sectors. Known for their guarantee “You’re going to like the way you
look”, Men’s Wearhouse is frequently listed on FORTUNE’s “100 Best
Companies to Work For”. The Men’s Wearhouse Annual National Suit
Drive collects and distributes clothing to over 180 local non-profit
organizations that provide job-ready skills, training and seminars to
disadvantaged men and women entering or re-entering the workforce. Over
the past seven years, the National Suit Drive has collected approximately
850,000 professional clothing donations, Men’s Wearhouse was founded in 1973
and is based in Houston, Texas.
1. PART I: External
Environmental Analysis Ø Page limit:
6?10 pages total, excluding figures or tables, which should be included in the
Appendix section
1.1. Industry Description (2?3 pages): This
section needs to include a complete analysis of Industry description, trends,
Market Size, Market Growth Rate, etc. This section needs to include a complete
analysis of the general external environment. You should explicitly analyze how
any trend you identify in each of the segments in the external environment may
affect the industry. You need to explicitly state the implications. For
example, if the industry you are analyzing is personal computers and you see an
expanding economy in some emerging economies, but a recession and declining
disposable incomes in other economies, your analysis should include how these
trends are likely to influence the personal computer industry. Do not discuss
specific companies in this section; instead, analyze the industry in general.
1.2. Industry Competitors Analysis (2?3
pages): In this section, the focus is on the direct and indirect competitors of
the assigned firm. You need to identify the major 2?4 competitors of the
assigned company and discuss their current market position and their
anticipated strategic moves. This section also explains all strategic groups in
the industry (Please refer to textbook page 51). You need to identify the top
2?4 strategic groups in the industry and provide a graph in the appendix.
1.3. Five Forces Analysis & Industry
Attractiveness (3?4 pages): You need to identify the top 2 business (sub?
industries or markets) which account for the majority of the overall company
sales and apply the 5 forces framework to each of them. This section ends with
a summary including an analysis of the industry attractiveness based on the
collective strength of the five forces. Industry attractiveness is defined as
its long? term profit potential of the industry. Your analysis should clearly
address profitability of the industry for an “average” firm. You are required
to provide a table (in the appendix) summarizing your findings using the format
shown below.
