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Explain in detail how Fast fashion brand H&M can use Porters Five Forces of Framework to grown and sustain the company ? Provide academic level
Explain in detail how Fast fashion brand H&M can use Porters Five Forces of Framework to grown and sustain the company ? Provide academic level resources.
Porter's five forces are:
1. Competition in the industry
2. Potential of new entrants into the industry
3. Power of suppliers
4. Power of customers
5. Threat of substitute products
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