Lever Style Makes Debut in Hong Kong

Lever Style Makes Debut in Hong Kong

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the economic challenges in Hong Kong, particularly in the retail sector, and how a textile company is adapting its strategy amid US-China tariffs by utilizing a multi-country production platform. The company plans to grow through acquisitions and develop a high-value ecosystem. It emphasizes sustainability and aims to leverage data for improved customer service. The company is also enhancing its B2B ecommerce platform and exploring market expansion in India and China.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy does the company use to mitigate the impact of tariffs?

Focusing solely on the Chinese market

Asset-light strategy with multi-country production

Increasing local production

Reducing workforce

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company plan to use IPO proceeds?

To increase marketing efforts

To develop a high-value ecosystem through acquisitions

To expand retail stores

To invest in cryptocurrency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's approach towards sustainability?

Ignoring sustainability

Partnering with WWF for low carbon manufacturing

Focusing on fast fashion

Following industry trends

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company view the role of data in its strategy?

Data is not important

Data is crucial for predicting trends and improving garment fit

Data is used to reduce workforce

Data is only used for financial analysis

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential market is the company looking to expand into?

Australia

India

South America

Europe