The bar chart illustrates the expected number of monthly jean sales of Mango and Jack&Jones in the following year.
Overall, both firms estimate their monthly sales of jeans to increase throughout the year. However, Mango Co. expects its sales to rise steadily throughout the year, while Jack & Jones expects its sales to decline during the first few months of next year.
Mango’s monthly sales is expected to steadily increase from January to August. By July, the company is expected to overcome the sales of Jack&Jones as the sales number inclines to over 400 thousand pairs. However, the increase rate is expected to diminish throughout the rest of the year as Mango’s sale from August to November fails to increase its value from just above 400 thousand.
Jack&Jones is expected to have a negative sales growth rate, as the monthly jean sales is expected to decline significantly to approximately 200 thousand pairs during the first two months of next year. Despite the steady regain of sales from March to August, the expected sales of Jack&Jon es is below Mango’s expe cted sales by July and August. However, t he estimated sales of September through December is predicted to exponentially grow to regain its sales lead to Mango.