Published by MBA Skool Team, Last Updated: April 26, 2020
SWOT analysis of Harry Winston analyses the brand by its strengths, weaknesses, opportunities & threats. In Harry Winston 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 Harry Winston to benchmark its business & performance as compared to the competitors. Harry Winston is one of the leading brands in the lifestyle and retail sector.
The table below lists the Harry Winston SWOT (Strengths, Weaknesses, Opportunities, Threats), top Harry Winston competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).
Elite and high woman clientele , powerful industrialists, wealthiest potentates, prominent royal families, and celebrated stars
Exceptional and timeless beauty
SWOT Analysis of Harry Winston
Harry Winston Strengths
Below are the Strengths in the SWOT Analysis of Harry Winston:
1. This brands is from century, crafting world’s most beautiful jeweler. 2. Harry Winston diamonds have become an image of international style 3. Involves in many philanthropy activities like providing services to the underserved 4. The high quality craftsmanship and exclusive designs 5. Has its presence in over 10 countries
Harry Winston Weaknesses
Here are the weaknesses in the Harry Winston SWOT Analysis:
1. Limited global presence and visibility as compared to leading players 3. Retaining the skilled employees and key executives because of recession mostly lay off happens
Harry Winston Opportunities
Following are the Opportunities in Harry Winston SWOT Analysis:
1. Expansion and revamp of existing network into many countries 2. Tapping strong growth in luxury goods sales as a result of growing tourism 3. Tie-ups with fashion houses and sponsorship of fashion events
Harry Winston Threats
The threats in the SWOT Analysis of Harry Winston are as mentioned:
1. Currency Risk: Diamonds are sold throughout the world based principally on the US dollar price 2. New laws and regulations, or more stringent implementation or changes in enforcement policies 3. Material adverse effect on the Company’s results of operations.
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.
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