Element 1 This assessment is designed to assess students’ abilities as outlined in Learning Outcomes 2 and 3: 2. Critically assess the success or otherwise of a range of mergers and acquisitions transactions. 3. Analyse the mergers and acquisition strategies of global organisations and critically appraise suggestions for improvement in the application of strategies.
Key Components and Task
TaskInnovation and Change Assignment
Michael Kors buys Jimmy Choo “Affordable”. luxury retailer Michael Kors agreed to buy footwear bra. Jimmy Choo, a popular name in the fashion world known for its towering stilettos. for about S1.2 billion in July 2017. The purchase had been a long-rumored one. and Kors plans on using its own massive global infrastructure to expand Jimmy Choo’s footprint. This likely won’t be Kors’ last acquisition either, as the company is now focused on forming a new. ‘luxury group.
You are a business consultant and you are asked by representatives of Michael Kors to critically analyse the acquisition in order to draw lessons for future acquisitions. Address the following issues in your report (1.600 words +1- 10, – see the details below):
I t Critically evaluate the strategic tit of the Jimmy Choo acquisition with Kors’s business model and strategy. What potential benefits did Kors pursue? Please appraise whether these benefits were realised and the acquisition was successful or not. (L02)
, Analyse the success of the integration of Jimmy Choo into Kors’s business operations. Critically appraise whether the integration strategy was appropriate and propose suggestions for improvement. (L03/
Submission Method
Via the online learning management system
Classroom or other resources
Please. pursue independent and critical research, in which you rely on academic research and articles published in respectable financial news organizations such as Financial Times. The Economist or Wall Street Journal.
Special instructions
Write an individual report (1.600 words +1-10,). using a business report format (Introduction, main body of text. conclusion)
Submission Date
Monday 18-Jan-21 no later than16:30 CET
Use of Turnitin
All submissions will be electronically cnecked for plagiarism.
Peer marking
None.
Feedback Date
Tbc
Feedback method
In writing via the online gradebook.