XSOLO NEW CON.docx - CONCLUSION X-SOLO's competition in the apparel industry is widely varied Direct competitors are other established brand

XSOLO NEW CON.docx - CONCLUSION X-SOLO's competition in the...

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CONCLUSION X-SOLO's competition in the apparel industry is widely varied. Direct competitors are other established brand manufacturers, such as Vans the closest competitor in terms of popularity, growth, and product line is the Sketchers Corporation. In such a climate, the best investment opportunities will be awarded to companies that have the ingenuity and creativity to meet the customers' demands for fashion in an industry driven by economic conditions, demographic trends, and pricing The company's management is confident that the X-SOLO can achieve its aggressive sales forecasts, generating total sales of approximately $ 1.5 million $ 3.9 million and $ 6.6 million in years, 2019, 2020, and 2021, respectively. In addition, X-SOLO management has carefully considered its market, potential customer base, and its ability to grow its sales average to capture 10% of the branded urban apparel industry. X-SOLO has the potential to become a highly regarded resource in local, regional, national, and
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Unformatted text preview: international markets. Due to the company's aggressive marketing strategy, establishment of the company as a "unique" entity in its industry, careful development of its products coupled with strategic partnerships with some of the industry's, and the company's profitable revenue model, X-SOLO has the potential to provide lucrative returns to potential investors. For X-SOLO to achieve status as an industry leader, it must secure initial capital. This capital will be used for start-up costs, to establish a reputable storefront, and to further develop the business, business infrastructure, internal systems, product development, and extensive marketing and geographic positioning. Providing that the company is able to acquire its funding requirements, X-SOLO should be able to achieve operational success for many years to come....
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