Park Avenue SWOT Analysis, Competitors & USP

Published by MBA Skool Team, Last Updated: April 26, 2020

SWOT analysis of Park Avenue analyses the brand by its strengths, weaknesses, opportunities & threats. In Park Avenue SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.

SWOT Analysis is a proven management framework which enables a brand like Park Avenue to benchmark its business & performance as compared to the competitors. Park Avenue is one of the leading brands in the lifestyle and retail sector.

The article below lists the Park Avenue SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Park Avenue SWOT Analysis:

SWOT Analysis of Park Avenue

For Park Avenue, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.

Park Avenue Strengths

The strengths of Park Avenue looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Park Avenue :

1.Park Avenue boosts of a wide distribution network with presence in more than 580 'The Raymond Shops'

2.35 Exclusive Brand Stores of Park Avenue

3. Exclusive Woman brand stores and more than 400 Multi-Brand Outlets makes easy availability

4.Park Avenue is the one of the leading brands in the men’s wear segment

5. The brand uses Aggressive advertisements and boasts of superior quality and design

Park Avenue Weaknesses

The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Park Avenue SWOT Analysis:

1.Competition from standalone specialty stores

2.Global presence of the brand is limited as compared to a few other international brands


Park Avenue Opportunities

The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Park Avenue SWOT Analysis:

1.Entry into tier 2 and tier 3 cities

2.Collaboration with foreign players because of a national brand
3. Special offers for corporates and business institutions

Park Avenue Threats

The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Park Avenue are as mentioned:

1.Increase competition in the domestic market due to a large number of formal wear apparel brands coming up

2.Changing rules and regulations in the fabric industry


Park Avenue Competitors

There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Park Avenue:

1. Allen and Solly
2. Louis Philippe
3. Arrow

Hence this concludes the Park Avenue SWOT analysis.

Continue reading more about the brand/company.

About Park Avenue

Park Avenue Overview
Parent Company

Raymond Limited

Category

Apparel and Accessories

Sector

Lifestyle and Retail

Tagline/ Slogan

Play the Lead

USP

Innovation brand

Park Avenue STP
Segmentation

Formal wear for men and women

Target Market

Young urban corporates men and women

Positioning

Premium Stylish and innovative


This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

Browse marketing analysis of more brands and companies similar to Park Avenue. This section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2500 brands from over 20 industry sectors.

Continue Reading:


The brand names and other brand information used in the SWOT Analysis section are properties of their respective companies. The companies are not associated with MBA Skool in any way.
Edit the brand or add a new one to SWOT Analysis section : Contribute

Share this Page on:
Facebook ShareTweetShare on Linkedin