Socks

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Socks

Land

Natural fibres like wool, bamboo, cotton, silk, linen are all used to make yarn, which is what is knitted to make socks

Capital

Knitting machines

Sock boarding machine

Sock businesses have to invest money into buying equipment such as automated knitting machines, conveyer belts, rollers, vacuum tubes, cutters, dying machines, boarding machines, other automated machinery, and buildings and resources involved

Entrepreneurship

Mikael Söderlindh and Victor Tell

Mikael Söderlindh and Victor Tell are the founders of Happy Socks, a retailing and manufacturing brand that produces socks, underwear and swimwear. They had the idea of creating more colourful and "happy" socks, and later started their business and opening stores in eight countries.

Information

Gathering information on the age and preferences of customers and stocking certain designs accordingly, best selling designs, information about competitors, tracking of customer purchases and orders, how seasonal designs are doing

Labour

Worker sewing socks

Physical: Workers closing socks off with sewing machine, gathering socks from conveyer belts, restocking yarn, placing socks on stands Mental: Workers creating new patterns and designs,