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We Are Knitters: Crafting a Resilient Digital Business

Vanessa Hasse, Maya Kumar, Kathy Hu

商品編號:W27015
出版日期:2022/02/04
再版日期:2022/04/20
商品來源:
商品主題:Entrepreneurship; International Business
商品類型:Case (Field)
涵蓋議題:COVID-19;entrepreneurship;supply chain;crisis;VRIO
難易度:4 - Undergraduate/MBA
內容長度:20 頁
地域:Spain; United States
產業:Retail Trade
事件年度:2021

Many people thought of knitting as a hobby for grandmothers, but the time-honored craft had evolved into a booming business with loyal, passionate, and interactive customers worldwide. The Spanish e-commerce business We Are Knitters (WAK) spent the last decade growing into what investors called the “world leader in online knitted kit sales,” a segment of the global $100 billion knitting industry. WAK’s sales soared by 240 per cent between April 2019 and April 2020 due to the arrival of the COVID-19 pandemic in early 2020. By February 2021, while WAK’s co-founders were still grappling with pandemic-related challenges, ahead of WAK's 10-year anniversary, they also started to look ahead to consider plans for further growth and internationalization while maintaining their business model and competitive advantages.

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