Great Shoes companies primarily animal skin underfoot. Diva Resources leather from Italian suppliers and other supplies from US suppliers. All materials had been cut for the company's requirements by suppliers and then provided for Brazil to get assembly. Diva's product were sent available to most crucial cities on the globe such as Rome and Miami, Italy, Paris, France, Tel Aviv, His home country of israel, Toronto, Canada, New York, New mexico, Los Angeles, and Starting 93, Tokyo, Japan. Diva Shoes is a relatively small participant, but its items had created a faithful following amongst high-end buyers and wholesalers who were wanting to attract merchants. Diva had made not any real make an effort to manage foreign exchange risk to date. High income and offsetting inflows and out moves in particular marketplaces are both great allow Gorgeous woman to set apart foreign exchange risk. In Japanese market, income growth surpassed expectations and wholesalers indicated a aspire to increase their orders significantly. Great had simply no productive asset in Japan and no decide to add all of them. As a result, the business incurred minimal cost in yen. Even so, the Japanese yen had been liked greatly before few months. Gossips on possible G-7 conference to stop understanding of yen and market prospective of underestimated UNITED STATES DOLLAR are both demonstrating that Diva may expose to an exchange risk in its Yen revenue. Diva had 2 . 5 billion yen revenue through year 1994 fiscal yr and it is expect the revenue will increase greatly in 1995. Great is focusing on a minimum 15% growth in EPS to adopt the company community in the next several years. A spot level below JPY 92/USD1 would leave the company comfortable location to achieve this goal. The current place rate is JPY fifth 89. 6/USD1.