Subject category:
Strategy and General Management
Published by:
IBS Center for Management Research
Length: 6 pages
Data source: Published sources
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Abstract
India-based slimming and beauty business company, Vandana Luthra Curls and Curves (VLCC), had an ambitious plan of expanding in the global market. VLCC learned from its first global expansion into the UAE in 2005. Based on that experience VLCC devised its strategies while expanding to other countries. VLCC exported its products to more than 45 countries. It opened new stores using the franchisee route as well as own stores or through joint ventures. In 2011, VLCC aggressively planned to strengthen its position in the existing foreign locations as well as add more destinations to its list. The company decided to invest US$15 million on its expansion plans in South Africa as well as to set up additional centers in India.
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Abstract
India-based slimming and beauty business company, Vandana Luthra Curls and Curves (VLCC), had an ambitious plan of expanding in the global market. VLCC learned from its first global expansion into the UAE in 2005. Based on that experience VLCC devised its strategies while expanding to other countries. VLCC exported its products to more than 45 countries. It opened new stores using the franchisee route as well as own stores or through joint ventures. In 2011, VLCC aggressively planned to strengthen its position in the existing foreign locations as well as add more destinations to its list. The company decided to invest US$15 million on its expansion plans in South Africa as well as to set up additional centers in India.