preview

Victoria's Secret Essay

Better Essays

VI. VICTORIA’S SECRET’S MAIN COMPETITOR IN FRENCH MARKET - ETAM

Data (exhibit 12) shows that Dim and Etam are the main players in French women underwear market. Dim at 4, 786 users compared to Etam's 4, 422. Other known brands such as Kiabi, H&M, Playtex, Sloggi, Undiz, and other brands take a slight portion of the market but not as big as Dim and Etam. But it seems that Dim is not only targeting women but everyone, its target is uncertain. So, we do not consider Dim as the main competitor of Victoria’s Secret or Etam

Playtex is a woman-focused brand targeting aged 25-44, but now it is investing 1 million euros to explore the over 50 women market. And this market is abandoned by Victoria’s Secret or Etam. So, Playtex is not considered the main competitor for Victoria’s Secret or Etam for now, and …show more content…

The brand has a specific strategy for the European market where its first European store was established in London (quit EU in 2016) and now has 17 lingerie stores around Europe. It recognizes the great potential of the European market.

While in the European market, Victoria’s Secret faces a fierce competition especially in the French lingerie market given that Etam has already occupied a large market share. And Darjeeling is regarded as the potential competitor of Victoria’s Secret. But Victoria’s Secret is strong enough to compete with all these brands.

Despite Victoria’s Secret’s revenue proportion inside Limited Brands going down, the percentage of the world lingerie revenue has slightly decreased, this brand still takes a large portion of the revenue. This is to say Victoria’s Secret is still in a dominant place in the lingerie world.

Victoria’s Secret’ s fashion show will be held in Paris in 2016, just after the opening of its first store, it is a good chance to explore the French market. In one word, Victoria’s Secret has the power to join the French lingerie

Get Access