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H&M is an international fast fashion retailer with stores in New Zealand. They have new...

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Accounting

image H&M is an international fast fashion retailer with stores in New Zealand. They have new ranges and stock introduced every season. Answer the following questions, using what we have learned this semester on Life Cycle Analysis: 1. Do H\&M products have a short or long life cycle? Explain your answer in 1-2 sentences. (1 mark) 2. Explain what H\&M should do in each stage of the Product Life Cycle so they do not have a lot of unsold inventory left over at the end of each season. Your answer can reference price, product, promotion, and/or distribution strategies for each stage. Note your answer must be applied to H\&M rather than general advice. (8 marks)

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