Published in Lifestyle and Retail category by MBA Skool Team
Polo Ralph Lauren is one of the leading brands in the lifestyle and retail sector. Polo Ralph Lauren 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 Polo Ralph Lauren:
The network of Ralph Lauren's retail stores focuses on showcasing the "World of Ralph Lauren" by offering a wide selection of luxury products to customers.
Polo Ralph Lauren is a leading global player in the design, distribution and marketing of lifestyle products such as men’s, women’s and children’s apparel, accessories, fragrances and home furnishing.
Ralph Lauren's retail arm operates through a chain of over 325 retail and factory outlet stores, in addition to the company's online store.
Its marketing campaign in Europe which involved 4D mapping was the most innovative marketing campaign
Above are the strengths in the SWOT Analysis of Polo Ralph Lauren. The strengths of Polo Ralph Lauren looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Polo Ralph Lauren Weaknesses
Lawsuit by Levis affected brand image
Fake imitations and replica products affecting margins and sales
The cost margins for the brand are unstable due to buying and selling in different currencies
These were the weaknesses in the Polo Ralph Lauren SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Polo Ralph Lauren Opportunities
Foray in emerging markets like India with FDI in retail opening up
The brand can drive more growth and sales through e-tailing
The private label partnership would enable the brand get into important tie-ups which is a must for future growth
Above we covered the opportunities in Polo Ralph Lauren SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Polo Ralph Lauren Threats
The bargaining power of suppliers is more in case of Polo because a large section of the revenues come from strategic licenses over which the company has no operational control
Changes in exchange rates can cause a serious concern related to foot-traffic and will affect prices
The highly fragmented fashion industry ensures that there is high bargaining power of buyers
The threats in the SWOT Analysis of Polo Ralph Lauren are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
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