Published in Lifestyle and Retail category by MBA Skool Team
DKNY Donna Karan New York is one of the leading brands in the lifestyle and retail sector. DKNY Donna Karan New York SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of DKNY Donna Karan New York:
Leading Fashion designer in America and creator of Donna Karan New york and DKNY
Labeled as innovative and world-class fashion designer whose clothes worn by many famous personalities
DKNY known for its excellent branding and advertising
Global Presence including China, Canada, Dubai
Provides Online Shopping with international fashion clothing
Different product line range from jeans, accessories, shoes, underwear, baby clothing, Fragrancealso products for men
Brand extension under the name DKNY like DKNY jeans, DKNY baby, DKNY kid, DKNY LIFE etc.
Donna Karan won many awards like lifetime achievement, menswear, women-wear designer
Above are the strengths in the SWOT Analysis of DKNY Donna Karan New York. The strengths of DKNY Donna Karan New York looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
DKNY Donna Karan New York Weaknesses
Still trying to penetrate into the international market
Controversy for using fur of animals for preparing fur coats
Fake imitations affect brand and sales
These were the weaknesses in the DKNY Donna Karan New York SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
DKNY Donna Karan New York Opportunities
Expansion of business in growing economies like Asia, Africa etc.
Use of latest technology by spending more on it which gives digital presence
Understanding the needs and doing penetration in emerging market
Above we covered the opportunities in DKNY Donna Karan New York SWOT Analysis. The opportunities for any brand can include prospects of future growth.
DKNY Donna Karan New York Threats
Other retailers with similar patters who have many SKU
Countries weakening economy affects the consumer spending on luxury brands
Local market offers same clothing at lesser price with discounting on quality
Ideas can be easily copied by other players
The threats in the SWOT Analysis of DKNY Donna Karan New York are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Women and men who look for simple, casual clothing with affordable price
Middle aged Women, men and kids from upper class
Luxury Fashion retailer
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