The Impact of Lee Alexander McQueen in the Field of Fashion Assignment

The Impact of Lee Alexander McQueen in the Field of Fashion - Assignment Example This essay stresses that the disctinctive style and innovative designs would be identified and the popular celebrities who have contracted his services would be revealed. Finally, a quick glimpse on this financial standing prior to his demise would be presented to evaluate the extent of his impact on the industry. Brief Overview of Lee Alexander McQueen Lee Alexander McQueen was considered one of the most inspiring and creative fashion designers of his time. He was born on March 17, 1969 in Lewisham, London. His birthplace was strategically contributory to being closely immersed in the fashion industry through the influence of great designers within his realm. In the foreword of the book written about him by Watt, Daphne Guinness described McQueen as a friend who has been allegedly referred as â€Å"the fashion world’s darling, its rebel and pioneer† . Other adjectives that described McQueen included: designer, architect, artisan, inspired fantasist, defiant, obsessive, among others. Another author, described McQueen as: misogynist, genius, angel and devil, romantic, rude, foulmouthed, influential, innovative, brat, and was acknowledged to allegedly call himself â€Å"a big fat queer†. What was controversial in McQueen’s life was that in the midst of his success as a fashion designer, he opted to apparently end his life on February 11, 2010, at the age of 40 through suicide just after the death of his mother. His remarkable contribution to the fashion industry could have been summed by Slone who indicated that â€Å"Alexander McQueen was a lauded British fashion designer who incorporated prominent images of nature into his designs, from gazelle horned jackets to bird-of-prey ball gowns. His work was both critically acclaimed and massively popular, and his designs are works of art in themselves, worthy of further examination†.

DB 8 Research Paper Example | Topics and Well Written Essays - 1000 words

DB 8 - Research Paper Example Slight improvements were realized from the year ended 2008 to the year ended 2009 as compared to the percentage improvements in values from the year ended 2009 to the year ended 2010 that were greater. Net sales and cost of sales increased by one percent from the year ended 2008 and by five percent and six percent respectively from the year ended 2009 to the year ended 2010. The change in gross profit from 2008 to 2009 was therefore a result of increased number of sold units because the changes in sales and cost of the sales were the same. Cost of sales however increased by a larger margin than change in net sales, in the following period, and this was a setback to trend in gross profit. It could be attributed to production inefficiencies and other sales factors (Delaney and Whittington, 2010). Even though operating income had an increasing trend over the three-year period, the pattern was slightly different from the trend in net sales and cost of sales. ... The trend in operating income was however symmetrical to the trend in net income to indicate a constant trend in non-operational expenses (Rich, Jones, Mowen and Haansen, 2009). The trend analysis of RadioShack Corporation from the year 2008 to the year 2010 therefore identifies increased operations that translate to increased profitability level. Average operational costs also increased in the period and was more significant in the year ended 2010, having increased at a higher rate than rate of increment in gross profit. The Corporation should therefore take care to balance its sales objectives with the involved costs of achieving the objectives in order to avoid higher sales levels that lead to losses. The company’s net income however maintained a growth trend by the year 2010 and positive prospects can be predicted (Harrison, Horngren, 2008). Updated trend analysis up to the year 2012 The corporation’s data was updated for net sales, cost of sales, gross profit, oper ating income and net income up to the year 2012 and trend analysis conducted. The following table shows the generated indices for the items from the year ended 2008 to the year ended 2012. Trend analysis: 2012 2011 2010 2009 2008 Net sales 100.80% 103.60% 106% 101% 100% Cost of sales 117.10% 111.50% 107% 101% 100% Gross profit (Net sales – Cost of sales) 81.20% 94.20% 104.58% 102.08% 100% Gross profit rate _ _ 105% 102% 100% Operating income -18.90% 48.10% 116% 115% 100% Net income (net loss) -73.60% 38.10% 109% 108% 100% Trend in RadioShack Corporation’s performance assumed a decreasing pattern from the year 2010 apart from cost of sales that continued to rise. Trend in net sales fell from the year ended 2010, was almost equivalent to the net sales value in the year ended 2008 and