Swot Analysis of Burberry

In 2004, Tory Burch launched her fashion line. After she launched her line her goal was to target specifically the baby boomers. Which did not turn out so great, reason being the middle class women felt like they were not being catered with what they wanted. According to Tory Burch’s fashion blog, “the fashion industry lacked a reflection of the variety of attitudes, tastes, life-styles, and body types of this specific target market” (Chung, 2013). Burch then stepped in and started to make millions by catering to the consumers on what they wanted exactly. Her products are age appropriate, affordable, and had a luxurious style.

This expansion demonstrates how the luxury industry is now run by massive corporations whose focus is only on growth, visibility, brand awareness, advertising, and most importantly, PROFITS! With growth and expansion, has come a decrease in quality and rarity. The luxury garments produced are mostly not handmade but are even outsourced to large factories in places such as China and Turkey. Also, to meet quarterly turnover projections, “designers churn(ed) out increasingly trendy collections of clothes, handbags, and shoes.” (Thomas, Pg. 246) With hundreds of new stores around the globe the surplus of designer labeled merchandise is immense hence, the proliferation of outlet malls.

Compare and contrast the international marketing activities of Burberry and Diageo. Burberry is a distinctive luxury brand with international recognition and broad appeal. The company designs, sources, manufactures and distributes high-quality apparel and accessories. Founded in Basingstoke, England, in 1856, Burberry has a unique heritage associated with Great Britain and positions itself as the authentic British lifestyle brand.

The Tory Burch company was founded just over a decade ago in Manhattan. Tory Burch, the founder and CEO wanted to offer women like herself, a lifestyle brand that was high-end and luxurious, but was at lower price point that most traditional luxury retailers. Not only are the Tory Burch pieces trend-forward and fun, but they are also timeless and are easy to incorporate into any women’s wardrobe (“Tory Burch embraces”, 2012). A wide variety of product offerings in addition to personalized customer service both online and in-store have helped create a loyal consumer base for the brand. The company’s mission statement is to be an “attainable luxury, lifestyle brand defined by classic American sportswear with a diverse sensibility” (Chung, 2013). Tory Burch realized early on that there was a certain niche market that was not being targeted: one that like designer clothing, but did not want to pay the high prices and she sought out to fill that void with her own clothing line. Tory Burch as a company and brand values their customers and shows their appreciation by offering them a variety of different products all at attainable and reasonable prices.

Bernie Sanders is a Democratic candidate for President of the United States. In 2006, he was elected to the U.S. Senate after 16 years as Vermont’s sole congressman in the House of Representatives. Bernie is now serving his second term in the U.S. Senate after winning re-election in 2012 with 71 percent of the vote.

Burberry can expand its business in the Asian markets. In these markets there is a great demand of luxury brands. The fashion sense and fashion houses are growing rapidly in these markets. The brand can expand its business in these markets which will result in growth and development of its international market share and overall profitability. In Indian markets the brand can seek more profit and values. Fashion market of India is continuing to increase with the times and living standard of people is also enhancing day by day. Thus, there is a great demand of quality luxury products in Indian markets (Chang and Li, 2013). The company can target Indian markets to expand its business.

This is a critical evaluation of the production and consumption of a Burberry trench coat, which will also include a brief history of the trench. The text will cover an evaluation of shape, colour, form and material. It will also cover the processes and materials involved in the production. This will include wider meanings of the trench and its social functions, such as why is the trench coat so popular, and how does it stay that way. And most importantly, it will cover the key problems of which, Burberry might loose their success in the future.

At the apex of the market was haute couture with it very high-end “custom” product offering that catered to the extremely wealthy. Luxury goods manufacturers believed diffusion brand’s lower profit margins were offset by the opportunity for increased sales volume and the growing size of the accessible luxury market and protected margins on such products by sourcing production to low-wage countries. Eye-catching utilization of their products by prominent figures in society leads to increasing demands for luxury good items and it is a growing industry with the global luxury goods market growing 9% per year. These consumers buy their products for satisfaction and to boost their self-esteem rather than for ease or comfort. All these components blend in the context of a successful business of the luxury goods.

Burberry need to scan their market segments in order to gain the most competitive advantage. Pestle analysis looks at the political, economic, social, technological, legal and environmental factors that affect an organisation providing a ‘comprehensive list of influences on the possible success or failure of strategies’ (Johnson, Whittington, Scholes, 2011). However, the three main changes that focused on in this essay are Economic, Social and Environmental factors. The economy within China is currently very stable; being a part of the 4 fastest growing economies in the world (BRIC: Brazil, Russia, India, China), it has made large strides in recent years in the business and industrial sector. , the country

Burberry, founded in 1856, is a leading international luxury brand. Burberry designs, manufactures and licenses apparel and accessories for distribution through its own stores and network of prestige retailers worldwide. In early 1998, the new management team at Burberry set out its strategy to reposition and revitalise the brand, which resulted in significantly improved results and strengthened the base to build the business. With continuous growth since last five years, Burberry has faced new challenges of brand sustainability and positioning in a volatile industry (fashion) where customer behaviour is unpredictable. Thus, it requires a strategy that lays foundations for long-term growth and addresses the issues

Gucci is a multinational fashion brand based in Italy. The brand specialises in leather goods, clothes, and fashion accessories for both and women aged between 24 and 30 years. Gucci was founded in 1921 in Florence, Italy by Guccio Gucci (Gucci Official Site United States, 2016). The main purpose of this paper is to provide an in depth brand analysis of Gucci. The paper will investigate and evaluate Gucci’s vales and identity, and will discuss how successfully these are reflected by Gucci’s business model, supply chain management, and Corporate Social Responsibility (CSR) activities. In addition to that, the paper will critically evaluate Gucci’s brand identity (identity) in relation to its brand image (external).

The increase of competition and market instability in luxury fashion brands involves firm flexibility and adaptation to ever changing wants and needs of consumers. As consumers become more sophisticated, they want more than a product; they want a luxury product with a beautiful story behind it. Fendi was launched in 1925 as a fur and leather shop in Rome, it has since expanded into a multinational luxury goods brand owned by Louis Vuitton Moet Hennessy (LVMH). The current target market for Fendi is upper class women and men aged twenty-five and over with the disposable income to spend on exclusive and prestigious luxury goods. The target market has evolved since Fendi was first opened, to include men and women under the age of forty, which has resulted in a splash of colour in their product range for a more modern, pop-art look.

Due to the indiscreet licensing, the market is flooded with dowdy Burberrys covered with check. Also the credibility of Burberry were damaged by ‘Chav’ generation symbolizing themselves with Burberry check. When Rose Marie Bravo joined Burberry as a CEO in 1997, major department stores Harvey Nichols and Selfridges did not even stock Burberry ranges, and Harrods

Burberry has many Asian licensing arrangements. In 2000 it decided to renew Sanyo’s Japanese licence for 20 ten years. This means that almost half of Burberry’s sales at retail value will continue to be produced under licence in Asia. At the same time however, Japanese consumers prefer the group’s European-made products.

First established in Hiroshima in 1984, UNIQLO is a major subsidiary of the Japanese retail holding company. It offers stylish, fashionable and high quality apparel at a reasonable price. The brand spread across the country and opened up to 100 stores by the year 1994. In September 2002, UNIQLO opened their first store in Shanghai, China and had opened 480 stores since. Today, UNIQLO is described as one of the largest clothing retailer in the world. Hence, this report will further discuss the company’s strategic management, the marketing mix as well as the SWOT analysis of the company.