Ralph Lauren SWOT Analysis

Published in Lifestyle and Retail category by MBA Skool Team

Ralph Lauren is one of the leading brands in the lifestyle and retail sector. 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 Ralph Lauren:

Ralph Lauren Strengths

  1. The brand has various sub brands like Polo by Ralph Lauren, Ralph Lauren Purple Label, Ralph Lauren, Black Label, Blue Label, Lauren by Ralph Lauren etc each specializing into a product.
  2. The company has a high brand recognition and customer loyalty
  3. Polo Ralph Lauren has a low debt to capital ratio that provides financial strength, which allows for future growth.
  4. The company reaches wide customer base through its relationship with large department stores from Europe to Asia and America, and more than 20,000+ employees
  5. Ralph Lauren's retail segment has nearly 500 retail and factory outlet stores worldwide, as well as the company's online store.
  6. Ralph Lauren sponsors Wimbledon and dresses all of the line and ball girls and boys in their brand clothing, clearly showing the iconic and memorable horse design
  7. Excellent advertising and branding makes it a high brand recall brand
  8. The brand has also perfumes, watches, fine jewellery etc
  9. Since its inception in 1967, the brand has a strong & classic legacy of being a premium brand
  10. The company has a strong financial position, with annual revenues more than $150 billion
  11. Ralph Lauren company has also contributed to the society through its philanthropic arm
  12. The brand has a good presence online via social media engagement, online ad campaigns and digital marketing

Above are the strengths in the SWOT Analysis of Ralph Lauren. The strengths of Ralph Lauren looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.

Ralph Lauren Weaknesses

  1. Being an international brand, fluctuating exchange rates have a substantial impact on sales and also piracy and fake imitations are an issue
  2. Ralph Lauren faces trouble from fake imitations which affects brand name and business

These were the weaknesses in the Ralph Lauren SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.

Ralph Lauren Opportunities

  1. Internet sales as a prime source of future growth can be looked by the company
  2. Ralph Lauren can concentrate on development of private labels with department stores
  3. The brand can advertise more to tap market especially in emerging economies
  4. Tie-ups with fashion houses, hotel chains to boost business among elite clients

Above we covered the opportunities in Ralph Lauren SWOT Analysis. The opportunities for any brand can include prospects of future growth.

Ralph Lauren Threats

  1. Similar products available in other brands thus switching cost is less
  2. Global currency fluctuations affect performance
  3. Popular brands of Ralph Lauren face an issue of fake imitations

The threats in the SWOT Analysis of Ralph Lauren are as mentioned above. The threats for any business can be external factors which can negatively impact its business.

Hence this concludes the Ralph Lauren SWOT analysis.

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About Ralph Lauren

The table below gives the brand overview along with its target market, segmentation, positioning & USP

Ralph Lauren Overview
Parent company

Ralph Lauren

Category

Apparel and accessories

Sector

Lifestyle and Retail

Tagline/ slogan

World of Ralph Lauren

Usp

Ralph Lauren company is known for its wide range of products ranging from home décor to clothing.

Ralph Lauren STP
Segmentation

Classy urban premium apparel and accessories

Target group

Men and women from the urban premium class

Positioning

Ralph Lauren is a one stop shop for home décor, clothing and accessories


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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