SWOT ANALYSIS: Strengths: High profitability and revenue as well as a high growth rate Weaknesses: Productivity, future debt rating and competitive market all count as weaknesses within the organisation. Opportunities: New products and services and their income level is continuously increasing. Threats: Growing competition and lower profitability and the issues associated with the rising cost of raw materials. MICRO & MACRO ENVIRONMENT:
So, we can conclude that Mdelic Wasatch Outerwear appears to have a good strategy and is focusing on new growth opportunities. Some concerns may be the limited financial resources to pursue their strategy. The continued investment in new products and execution in key focus areas is intended to help strengthen competitive position as they enter and expand into new market segments. The market segments change rapidly and Mdelic Wasatch Outerwear need to adapt to this environment. However, changes in product demand may harm Mdelic Wasatch Outerwear’s financial results and they are hard to
SWOT analysisStrengths Strong presence in the U.S Diversity of products in stores Trust of customers Offer fuel points Effective marketing strategy Weaknesses Expenses of operating cost Currently no international presence Controversies
In 2018 they built 9 new buildings and announced they would keep expanding, proving their dedication to expanding their business (QuikTrip). SWOT Analysis: Strengths – The quality of their products is very good and creates strong brand loyalty. They also have strong financial health and position, which allows them to invest more into their company.
Overall, I don’t know how I feel about Lululemon’s product for a high price. I know fitness gurus that praise the company’s products mentioning the high quality of their product. I also know that there are many other comparable quality products out there that is half the price or less. I’m also glad that founder, Chip Wilson, is no longer affiliated with Lululemon. He did not seem like a great CEO at that time, and I’m glad the current CEO took over.
Lululemon can be considered a Shopping Product. Lululemon provides high-quality products so their products life circle is long. Another reason is their products are expensive for some people, so consumers are rarely to buy their products. Store image is very important to the Lululemon because they want to create the brand loyalty. Lululemon is not distributed so widely.
Also, feeding into the organic mouth marketing. They use fit models to test and give them a feedback. Lululemon had a manifesto which was created by Mr. Chip Wilson and his father.
Government policies supporting active and healthy lifestyle can have effect on Lululemon. With growing market, there will be opportunity to grow. Canadian government introducing Workplace Fitness Program Policy, and many other countries that Lululemon operate have also such policies. It is opportunity for Lululemon.
I educated myself about the impacts of the fast fashion business model, which pumps out new pieces of clothing at an extremely unsustainable rate. Now, I find it important that I express my concerns as a consumer and share what I have learned with others. I decided to
One of the possible solutions to the above issues is to continue with the Product Lifecycle Initiative, but with a refined scope. As proposed, Patagonia might repair any garments regardless of their brands. Such services may benefit its competitors at the expense of Patagonia’s profits as it will incur extra cost to boost repairing capacity. Therefore, Patagonia may consider to provide such services to other brands only when they agree to pay a price for it. Also, outsourcing the repair services to reliable and high quality provider can keep their repair cost at a low level.
Lululemon needs to maintain their high quality in order to gauge more customers from their existing brand
A swot analysis is an analytical tool whereby the positive and negative internal and external aspects of a company or entrepreneur are analysed. RIHANNA’S STRENGHTS: A strength is an internal positive factor that can benefit a company or an entrepreneur. Rihanna has an enormous fan base which will benefit her as it will ensure the continued and unconditional support which means that her profits will be continual.
Price Strengths 1. Low Cost Manufacturing Nike has a company who use the low cost manufacturing for production footwear. All of the Nike’s footwear virtually is manufactured outside of the United States by independent contract manufacturers such as Vietnam, China and Indonesia. Nike was operate multiple factories around the worlds. In 2014, Vietnam, China, and Indonesia manufactured roughly about 43%, 28%, and 25% of total Nike branded footwear and it has also operations in other country such as Argentina, Brazil, India, and Mexico.
SWOT Strengths Opportunities • Apple has a highly reputable company that is known for creating simplistic yet technologically advanced products that usually go on to generate a large amount of sales. • The apple watch runs on the latest iOS software and is able to wirelessly connect with other apple products. • Apples announcement of the release of the apple watch had popularised the market of smartwatches and also taken it to another level with the many features of the watch that can be done with an iPhone. • Apple has a massive loyal consumer population that has formed into a community, strengthening the relation between apple and its consumers.
What differentiates UNIQLO and special from the other apparel competitors are the collection of HEATTECH and AIRism. They are the only store carrying this range of products. As both HEATTECH and AIRism is the result of collaboration between UNIQLO and Toray Industries, Inc. HEATTECH and AIRism are both highly functional line of innerwear that respectively provides heat-retention, anti-perspiration and ultra-fine microfibers used, to keep consumers cool, dry and soft to the touch. 4.1.1 Key attribute of product UNIQLO developed apparels, known for the high quality, innovative, functional and affordable. It was achieved through the adoption of SPA (Specialty store retailer of Private label Apparel) business model, from planning, production to sales.