VF Corporation SWOT Analysis, USP & Competitors

Posted in Lifestyle and Retail, Total Reads: 5723
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SWOT Analysis of VF Corporation with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis

VF Corporation

Parent Company

VF Corporation

Category

Apparel and accessories

Sector

Lifestyle and Retail

Tagline/ Slogan

We fit your life

USP

A brand, which is highly innovative, trendy and fashionable at an affordable rate.

STP

Segment

Men and women who want one roof to shop a variety of clothes with a medium to high purchasing power.

Target Group

Urban and semi urban population

Positioning

A brand, which gives the customers a plethora of options to choose from at an affordable price.

SWOT Analysis

Strengths

1.The Brand has over 1000 stores all around the world and employees nearly 50,000 employees.

2. The brand is very innovative and is one of the companies in the world to have a innovation fund which holds different amount of funds just allocated for innovation.

3.The brands under the company are in leading position in different countries, which strengthens the brand equity of the company.

4.The company is very diverse, their products range from brands, which provide Jeanswear, sportswear, Image wear, outdoors wear, which provides the company a large customer base.

5.The brand is a strong cash flow generator and has a strong financial performance

Weaknesses

1. Less and brand awareness penetration in global markets

2. Global clothing companies competition means scope for market share growth limited

Opportunities

1. Increasing direct to consumer sales will increase the margins of the company, which will also reduce the wholesaler dependence.

2. E-commerce should be used for more growth

Threats

1. Growing raw material costs

2. Fluctuating currencies and economic conditions

3. Stiff competition from domestic and international players

Competition

Competitors

1. Columbia Sportswear

2. Sears Holdings

3. GAP


The table above concludes the VF Corporation SWOT analysis along with its marketing strategy and brand parameters.

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