Published by MBA Skool Team, Last Updated: April 26, 2020
SWOT analysis of Agnes B analyses the brand by its strengths, weaknesses, opportunities & threats. In Agnes B 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 Agnes B to benchmark its business & performance as compared to the competitors. Agnes B is one of the leading brands in the lifestyle and retail sector.
The article below lists the Agnes B SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Agnes B SWOT Analysis:
For Agnes B, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
Agnes B Strengths
The strengths of Agnes B looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Agnes B :
1.Strong brand presence with over 200 boutiques spread over 3 continents in 12 countries. 2. The brand has an exclusive online store which it uses to sell select merchandise. 3. The brand has diversified into footwear, fragrances and eyewear to make it a complete urban lifestyle brand. 4. The brand has taken up several green initiatives like using recycled materials for its products and packaging and has formed a green committee for it.
5. The brand also undertakes several CSR initiatives for fighting AIDS with initiatives like Help Yourself which have been successful. 6. The brand along with products has also diversified into services like restaurants, cafes , flower shops, wedding organizers which is unique to the brand.
Agnes B Weaknesses
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Agnes B SWOT Analysis:
1. The brand has not indulged in any advertisements and promotions unlike its competitors. 2. The brand has limited presence in emerging economies which are huge markets
Agnes B Opportunities
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Agnes B SWOT Analysis:
1. The brand can concentrate on new emerging markets like India and China which has growing potential clientele for their products. 2. The brand with its range of products and services can also look forward to innovating new retail formats. 3. Tie-ups with fashion houses to increase visibility
Agnes B Threats
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Agnes B are as mentioned:
1. The brand faces threat from the highly fragmented fashion industry where there is a high bargaining power of buyers and low brand loyalty. 2. The brand can also feel the crunch with the market recessions and reduced spending on lifestyle products. 3. The foray of various fashion designers into this segment also increases the competitive space.
Agnes B Competitors
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Agnes B:
Fashion conscious men and women in the age group 0f 25-45
Young urban upper middle class men and women
A complete urban lifestyle brand.
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.
Browse marketing analysis of more brands and companies similar to Agnes B. This section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2500 brands from over 20 industry sectors.
The brand names and other brand information used in the SWOT Analysis section are properties of their respective companies. The companies are not associated with MBA Skool in any way. Edit the brand or add a new one to SWOT Analysis section : Contribute