Quincy Apparel designs, manufactures and sells work apparel for young professional women that gives the fit and experience of high-end brands at a cheap price. In the late 2012, the cofounders in Quincy are debating how to approach a crucial board meeting.
Quincy's sales have been powerful, but due to the company's innovative sizing system, which provides more measurement dimensions than do typical women's clothing companies, inventory is high and operations are complex. Operational challenges have made it tough to consistently deliver better fit, and merchandise return rates are not low. With capital and more time, the cofounders are confident they are able to resolve operational difficulties. But will they have the ability to convince investors to supply more capital?
Quincy Apparel (A) Case Study Solution
PUBLICATION DATE: February 11, 2015 PRODUCT #: 815067-HCC-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP
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