Published in Lifestyle and Retail category by MBA Skool Team
Fruit of the loom is one of the leading brands in the lifestyle and retail sector. Fruit of the loom 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 Fruit of the loom:
Fruit of the loom has over 233000 employees and over 500 stores all over the world.
The Brand is the leader in underwear Garments section in the world.
The company was very innovative and were given the credit to invent the V-neck vests in the world.
The brand offers unconditional guarantee on all its products it sells.
The distribution system of the brand was very effective in the form of supplying the garment to wholesalers, discount merchandisers.
The company is vertically integrated
Above are the strengths in the SWOT Analysis of Fruit of the loom. The strengths of Fruit of the loom looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Fruit of the loom Weaknesses
The brand had issues like manufacturing overcapacity, allocation of raw material.
Policy of depending on low margin in boxers and underwear’s backfired over a period of time.
These were the weaknesses in the Fruit of the loom SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Fruit of the loom Opportunities
Expansion into countries in Africa, Asia.
Brand extension in the form of creating a quality and brand for niche customers.
Above we covered the opportunities in Fruit of the loom SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Fruit of the loom Threats
Existing Competitor’s and other new entrants providing the same product in the same price –structure.
The switching cost in this segment is low, hence the brand has to be extremely competitive and innovative in the market.
The threats in the SWOT Analysis of Fruit of the loom are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
A brand that has a rich heritage and an asuuarnce of standard quality.
Fruit of the loom STP
Middle to higher segment
All men and women who have a good purchasing power
A brand that has all kinds of apparel with good quality and affordable price.
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