Video case study - Harris Tweed prospers through innovation and international expansion
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A super little video here from Sky Business News which describes how luxury brand Harris Tweed has enjoyed a significant boost in revenues as a result of product innovation and focusing on growing demand for luxury items from consumers in emerging markets…
Despite its remote location in Scotland, Harris Tweed is enjoying a remarkable renaissance. Its a heart-warming story for an industry which, until recently, had been written off. In a age of globalisation, this is one product which remains British!
Lots of rich business studies material in the video. Note the highly-skilled, labour intensive nature of the product. The tweed itself is now used for a much wider range of products, including luxury furnishings for hotels!
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