+ All Categories
Home > Documents > Ralph Lauren Final

Ralph Lauren Final

Date post: 06-Apr-2018
Category:
Upload: nileshnandagawali
View: 233 times
Download: 3 times
Share this document with a friend

of 18

Transcript
  • 8/3/2019 Ralph Lauren Final

    1/18

    Fashion Marketing

    Management

    Istituto Marangoni

    Master Fashion Product Management

    ElizavetaShestakovaAnastasia Nozdrya

    Nilesh Nanda awali

  • 8/3/2019 Ralph Lauren Final

    2/18

    Strategical Business Analysis

    ofRalph Lauren

  • 8/3/2019 Ralph Lauren Final

    3/18

    Marketing Strategy

  • 8/3/2019 Ralph Lauren Final

    4/18

    Analysis of Macro Environment (GDP)

    2007 2008 2009 2010

  • 8/3/2019 Ralph Lauren Final

    5/18

    Defining SBU of

    Ralph Lauren

  • 8/3/2019 Ralph Lauren Final

    6/18

    Analyzing SBU of Contemporary Griffs

    Companies

    2008 2009 Variation%2008-2009

    2010 Var iation%2009-2010

    SalvatoreFerragamo

    413.964

    327.718 -20,83% 382.619 +16,7%

    Gucci 314.767 278.316 -12% 302.463 +8,6%

    GiorgioArmani

    874.900 722.400 -17,4% 734.859 +1,7%

    RalphLauren

    3,661.54

    3,765.68

    +2.76%

    3,735.67

    -0.78%

    E.Zegna870.60

    797.00

    -8.4% 963.00 +20%

    TOTAL 6135.771 5891.114 24,4% 6118.611 22,4%

    Market Value

  • 8/3/2019 Ralph Lauren Final

    7/18

    This is done rating every factor by grading on a scale of 1 to 10 in terms of

    priority and importance.

    Critical Success Factor

    Marketing Mix (4p)

    Product 8/10

    Price 9/10

    Communication 8/10

    Distribution 8/10

    Different From 4p

    Style 7/10

    Services 9/10

    Speed 7/10

    Efficiency 8/10

    Integrated control ofchain 8/10

  • 8/3/2019 Ralph Lauren Final

    8/18

    Distribution

    channel

    8/10Direct Distribution.

    Through Monobrand

    stores either it

    directly owned store(DOS) or

    Franchising.

    Currently in the

    World 30% DOS &

    70% Franchising.

    Concentration

    7/10

    31%

    10%

    27%

    15%

    17%

  • 8/3/2019 Ralph Lauren Final

    9/18

    Entry BarrierCash 10/10

    Technology 8/10

    Know How 8/10

    Brand awareness 10/10

    Economic scale 8/10

    Distribution 9/10

    Concentration 9/10

  • 8/3/2019 Ralph Lauren Final

    10/18

    Defining & Positioning with Competitors

    Brand Awareness

    Services

    Communication Style

    Giorgio

    Armani

    Donna

    Karan

    Salvatore

    Ferragamo

    Gucci

    Hugo Boss

  • 8/3/2019 Ralph Lauren Final

    11/18

    Business Model Ralph

    Lauren

    Giorgio

    Armani

    Donna

    Karan

    Stock listed YES No No

    SBU Contemporary Griffs Contemporary Griffs Emerging Griffs

    Target Men, Women and Kids Men, Women and kids Men, Women and Kids

    Distribution Operate in three

    distinct but integratedsegments Wholesale,

    Retail and

    Licensing.

    Direct through

    Monobrand AndFranchising

    Through Selected

    Specialised stores andboutiques

    Type of Company Despecialised Despecialized Despecialised

    Group Polo Corporation Armani Group Donna International Inc.

    Integrated control HIGH with Partial

    ownership

    Full with licensing Partial

    Diversification Buying strategy Buying strategy Make and Buy

  • 8/3/2019 Ralph Lauren Final

    12/18

  • 8/3/2019 Ralph Lauren Final

    13/18

    Segmentation Strategy

    RalphLauren

    Full Liner

    Giorgio ArmaniLifestyle

    DonnaKaran

    Full liner

    Having vast Vertical diversification RL company following full liner strategy as

    compared to competitors.

  • 8/3/2019 Ralph Lauren Final

    14/18

  • 8/3/2019 Ralph Lauren Final

    15/18

    Price:Price Positioning with Competitors considering one product Dresses

    DifferentProducts RalphLauren GiorgioArmani DonnaKaran

    Shoes 625 650 635

    Bags 6800 1000 1150

    Dresses 1200 1582.5 1627Total 3935 3232 3412

    As from the chart it concludes RL have

    general higher prices in terms of products RL

    bags are expensive as compared tocompetitors where as in all other product

    category it has lower prices with effective

    quality of the product.

  • 8/3/2019 Ralph Lauren Final

    16/18

    DISTRIBUTION:

    Operate in three distinct but integrated segments - Wholesale, Retail and Licensing.

    WorldwideDistribution Channels

    Location Number ofDoors(a)

    United States and Canada 2,104

    Europe 3,873

    Japan 120

    Total 6,097

    Full-Price Retail Stores

    Location Ralph Lauren Club Monaco Rugby Total

    United States and Canada 64 66 11 141

    Europe 18 - - 18

    Japan 1 - - 1

    Latin America 3 - - 3

    Total 86 66 11 163

    Special focus on e-commerce RalphLauren.com one of the most important retail

    outlets this website showed sales grew by double-digits. With success of Ralphlauren.co

    they have also launched Rugby.com.

  • 8/3/2019 Ralph Lauren Final

    17/18

    COMMUNICATION:

    Brand Awareness: T

    he Brand is Ranked 9th

    in the world this shows that theawareness of the brand is high globally.

    Brand Image:American Heritage Lifestyle, Strong and distinct image design,

    Elegant Luxury & Supreme Quality.

    Communication Mix: As created a specifically branded environment to house his

    product while reflecting the attitudes of the R.L lifestyles.

    Using Technological possibilities are giving brand in terms of consumer reaction

    towards brand by means such as set up first 4d advertisement, Screens Outside

    the store.

  • 8/3/2019 Ralph Lauren Final

    18/18

    Proposals for future strategy:

    Keep the Professional Spirit of the company towards thebusiness.

    As company as shown from the day of its establishment.

    ByMaintaining the Effective Quality and Identity of the brand.

    Winning CustomerLoyalty by providing services maintaining

    the AmericanHeritage value.

    Taking Full ControlOfBusiness through Converting Franchising

    to DOS.

    Focusing more on new market and promoting the brand in the

    market where still RalphLauren does notExists.

    Concept Store:LuxuryBoutique with large amount of space around 500 square

    meters, perfectly divided floors where the separation of rooms

    presenting different lines of RalphLauren which gives a touch of

    AmericanHeritage Culture and can be seen through the dressing

    codes of staffs in store.


Recommended