L.K Bennett SWOT
Strengths
·
Brand expansion
·
Entering the US market
·
Strong accessible website
·
Focused on women’s fashion so knowledgeable
·
Mobile e-commerce app
·
Loyal customer base
·
High quality investment pieces
·
Celebrity attention through Kate Middleton
·
Distinctive brand handwriting
Weaknesses
·
Womenswear only
·
Store location means not accessible to mass
market
·
Doesn’t cater to the fast fashion
Opportunities
·
Expansion to diffusion line that is more
affordable to mass market
·
Menswear range
·
Open stores in more of EU
Threats
·
Sole focus on women’s fashion
·
Loose custom to more affordable fashion
M&S SWOT
Strengths
·
High quality clothing
·
Both affordable and investment pieces
·
Inclusive brand caters for generations
·
Both ‘need’ and ‘want’ pieces
·
Reputable customer service
·
Good shopping experience, convenient and
comfortable shopping
·
Strong staff training
Weaknesses
·
Outmoded design and cut- consumers prefer purchasing
brand- labels
·
Stock control – suffer from the unbalance
between the stock and information technology system
·
Waste store spaces
Opportunities
·
Market expansion to further than Ireland and
Hong Kong
·
A ‘basics’ clothes range at attractive prices
Threats
·
Strong competitors such as Gap, Next and Topshop
·
The change of the social environment
·
Risk of chemical pollution
[Hannah.L]
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