Friday, May 22, 2020

Swot Analysis Of Lululemon - 1219 Words

Lululemon was founded in 1998 by Chip Wilson in Vancouver, Canada. This yoga inspired brand started when Mr. Wilson’s studio was yoga by night and design by day and was looking to expand into more of a community feel. His vision was to bring together a place where people could grow healthier more fulling lives both physically and mentally. The first items Lulu made were cater to the yoga practice and specifically women, but has since grown into so much more. The store specializes in men and women’s clothing for activities including running, biking, yoga and other training sports, and carries clothing, and gear to outfit these active lifestyles (Lululemon Athletica, 2017). As of January 2017, Lululemon has 406 operating locations throughout†¦show more content†¦There annual earnings report states that their core values include taking personal responsibility, nurturing entrepreneurial spirit, acting with honesty and courage, valuing connection, and choosing to ha ve fun† (Lululemon, 2017, p. 1). Lulu’s as they are more commonly referred to as, has no issue pointing out that their main target market is active, affluence females. Their 2016 published annual report states that their primary target is â€Å"sophisticated and educated woman† (Lululemon, 2017, p. 1). Men and younger girls are a secondary market for the company, but all their products are produced to provide all their customers with a superior fit that performs well while looking stylish. NEED TO MENTION SOMETHING ABOUT PRODUCT POSITIONING? Once the strategies have been outlined, a marketing manager has to implement the steps using the appropriate marketing mix which consists of the 4P’s: Product, Place, Price Promotion (Winer Dhar, 2011). A business’ product is comprised not only of the good itself, but also how the it integrates into the customer live, what value they give it to, how it looks, the packaging it is in, etc. Knowing your target audience is fundamental to creating a selling product (Ehmke, Fulton, Lusk, n.d.). Lululemon stores and online site consists mostly of clothing ranging from leggings, to tank tops, shirts, bras, and socks for mostly women, and a smaller section for men. (Lululemon Athletica, 2017). Each item soldShow MoreRelatedLululemon: SWOT Analysis1561 Words   |  6 PagesLululemon is a marketer of clothing that ostensibly inspired by yoga. The company has carved out a niche for itself in the athletic apparel market by focusing on this type of clothing, marketing primarily to females, and selling at its own-branded stores. The company has enjoyed considerable success of late. Revenues have grown from $147 million in fiscal 2007 (basically calendar 2006) to $711 million in 2011. Net income was $7.67 million in FY2007 and $121.85 million FY2011 (MSN Moneycentral, 2012)Read MoreSwot Analysis For Lululemon Athletica1043 Words   |  5 PagesSWOT Analysis for lululemon athletica a. Current Strengths i. The commitment of the employees of lululemon athletica 1. Evidence from case: The employees commit to living a certain type of lifestyles in order to represent the company and the message behind it. (Page C-97) 2. Evidence from case: The employees of lululemon athletica are well rounded about the topics of healthy living, Yoga, and physical ways of staying healthy on a daily basis. This allows for customers to receive advice and recommendationsRead MoreA Swot Analysis Of Lululemon s Market1692 Words   |  7 PagesI. SITUATION ANALYSIS Lululemon is the third leading speciality sports apparel store, behind Nike and Adidas (appendix 1), retailing for women and a small range of men. They have capitalised on the growing trend of fashionable gym and street clothes (Ibisworld, 2016). Their vision is â€Å"Elevating the world from mediocrity to greatness†, through their 350 stores and online store shipping to 80 countries (Lululemon, 2016). A SWOT analysis in appendix 2 reveals the sustainable niche of Lululemon’s marketRead MoreCase 1 Mystic Monk Essay785 Words   |  4 Pagesï » ¿1. How strong are the competitive forces confronting lululemon in the market for performance-based yoga and fitness apparel? Do a five-forces analysis to support your answer. High Supplier Power There are a lot of suppliers available in the market that want to produce for lululemon because of the increased value of the company High Buyer Power Other brands offer the same products Low cost switching because other brands offer these items at a lower price Moderate New Entrants PopularRead MoreLululemon Swot Essay671 Words   |  3 PagesSWOT Analysis Company name: Lululemon Athletica Inc. (NASDAQ:LULU; TSX:LLL) Product: Lululemon Athletica produces yoga-inspired athletic apparel for both women and men. Strengths #1. Innovative Design Process Lululemon offers high-quality premium athletic apparel that is designed for performance, comfort, functionality and style. The innovative design process is attributed to a number of factors such as, real-time customer feedback. Lululemon seeks real-time customer feedback on theRead MoreCompetitive Forces : Marketing Strategy1287 Words   |  6 PagesCompetitive Forces: Five Forces Analysis The five forces analysis shows that lululemon is confronted by moderate or low competitive forces. 1. Buyer Bargaining Power: This threat is very weak because lululemon sells directly to consumers, who rarely have haggling prices or other terms with sellers. Lululemon rarely sells wholesale, and when they do it is to support their grassroots marketing strategy to increase brand awareness. Although buyers could switch to a competitive brand, they would notRead MoreLululemon Athletica Analytic Essay1633 Words   |  7 PagesCase Analysis #1 Problem Essay Lululemon Athletica Inc Samuel Ellison Presented for: Professor Kannangara Sunday, March 6th, 2016 BUSI4003 Introduction Lululemon Athletica Inc., founded in 1998 in Vancouver by Chip Wilson, is a company which designs and produces high-end yoga and technical athletic clothing. They have operated primarily in North America and Australia; their initial target customer was an educated woman who lives an active and healthy lifestyle. They opened their firstRead MoreLululemon1323 Words   |  6 PagesLululemon Athletica Lulemon Athletica is an athletic apparel company based out of Vancouver, British Columbia, Canada. The company was founded by Dennis â€Å"Chip† Wilson, in the year 1998. Dennis Wilson had been in the skate, surf, and snowboard business for over 20 years when he took a commercial yoga class that was offered in Vancouver. Wilson found the results to be thrilling. He quickly was immersed in the idea of making his yoga experience the best possible. He believed the clothes that wereRead MoreLululemon2544 Words   |  11 PagesTABLE OF CONTENTS EXECUTIVE SUMMARY 1 INTRODUCTION 2 CASE ANALYSIS 3 Five-force analysis 3 Competition 4 SWOT analysis 5 Value chain 5 Strategy 7 Financial and operating performance. 8 RECOMMENDATION 10 In term of strategy 10 In terms of management 10 EXECUTIVE SUMMARY Lululemon Athletica Inc., founded by Dennis Chip Wilson,  is a self-described  yoga-inspired athletic apparel company, which produces a clothing line and runs international clothing stores from its companyRead MoreLululemon2462 Words   |  10 PagesIntroduction Lululemon is one of the Canada’s best retailers of technical athletic yoga apparel. Lululemon’s yoga inspired apparel is marketed under the two brand names Lululemon Athletica for more mature women and Ivivva Athletica for younger girls. Lululemon primary target customers are educated and hard working women, who understand the importance of healthy and active lifestyle. Majority of these women are Caucasian who are mainly urban and have higher income, since Lululemon is an expensive

Thursday, May 7, 2020

Operations and Human Resource Management Working Together...

Operations and Human Resource Management: Working together for a better tomorrow Lori A. Erickson East Tennessee State University Introduction Historically, operations management and human resource management have been separate fields, only interacting for administrative issues regarding payroll and other matters (Boudreau et al., 2002). However, human resources play an integral role in the development of strategic plans for organizations. Since no operations can take place without the human capital necessary to implement the operations, special attention should be paid to the linkages between the operational strategy and the human resource strategy of the firm. According to Ahamd and Schroeder (2003, p. 19) â€Å"human resources are†¦show more content†¦If employees are not paid, they will not work; if machines are not running, employees have nothing to do; if the bills are not paid, the plant cannot continue operations. The majority of the functions within a firm are interrelated and dependent upon one another. Human Resources as a Strategic Partner in Operations Martell and Carroll (1995) stated that there are two types of human resources: strategic and operative. They went on to describe four characteristics of human resource initiatives: (1) They are long-term oriented; (2) They are connected with the corporate strategies; (3) They are connected with the organizational performance; and (4) The line managers are involved in the details of decisions regarding human resource management. Too often, both operations managers and human resource mangers forget that they are working toward the same goal. Often, human resources will adopt policies and procedures that are hard for line managers to implement, and line managers expect human resources to have an inherent understanding of the processes taking place on the plant floor. The relationship between the best human resource practices and organizational performance must alwaysShow MoreRelatedBenefits Of Formal Planning For A Business Organizat ion Essay1422 Words   |  6 Pageswhat are the benefits of formal planning might be in the context of his organization. Ans) In the world of management, planning is as fundamental as it gets. Many believe planning is the most fundamental of the managerial functions because all other functions, including organizing, leading, controlling and staffing, stem from the planning function. Planning prepares organizations for tomorrow by assessing what an organization wants to accomplish and how it will go about achieving that goal. ManagersRead MoreA Report On The Company Essay1523 Words   |  7 Pagesincludes George Craan, Rose Legge, and Troy Thomas, decided to study Waters Corporation at their headquarters after one of its employees gave an incredible presentation about the company. 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Wednesday, May 6, 2020

WRL media coursework, Amnesty Free Essays

In June 2007 amnesty international, an organisation who have traditionally partnered the Catholic Church, changed there policy on abortion after there research in Dafur. They looked into rape and how in many countries it is being used as a weapon of war and once a tribe has defeated another tribe the women of the area would be raped as a signal of victory. After these findings amnesty who previously neutral on abortion has stated that it supports abortion in certain circumstances such as rape, incest and as a weapon of war. We will write a custom essay sample on WRL media coursework, Amnesty or any similar topic only for you Order Now Over the years both the Catholic Church and amnesty have worked together on freeing political prisoners and highlighting human rights. However since amnesty changed its policy on abortion against there’s they have advised all Catholics to quit there membership to amnesty. In my coursework I’ll be looking at two articles on there views on the preceding and be comparing and contrasting between them. The first article is from the guardian, a paper which is well known for its liberal thinking and belief of free will. It believes the Catholic Church is wrong for banning amnesty and both starts and finishes ridiculing the Catholic’s view as â€Å"nonsensical. † They also mention how out of the 1/4 million catholic members of amnesty only 222 quit and how most of these where from the clergy who may of lost there jobs if they had refused. It also mocks the catholic mentioning how â€Å"105 Catholics have even increased there donations†. To show what side the guardian is really on it talks about how 2000 Catholic schools will suffer from not being able to use amnesty’s teachings. The final part of the article talks about amnesties policies and talks about there research in Darfur and the Democratic Republic of the Congo, overall the guardian makes a very convincing argument which undermines the Catholic’s view. Meanwhile the Telegraph is a much more traditional paper and believes in the Catholic Church, however does not rebuff amnesty too much. The telegraph relies on statistics to present a case and uses numbers such as â€Å"2000 secondary schools† and â€Å"5000 Catholic parishes† and if the telegraph were to present a case where the numbers aren’t available they would probably struggle. The article contradicts the guardian by claiming the number of Catholic’s leaving Amnesty as â€Å"exodus†. However unlike the guardian admits how the splitting has made a lot of Catholic’s look at there faith. The article also does not insult the Catholic’s decision as the telegraph has a large catholic following which it would not want to upset. I believe each of the articles support one side, the guardian supports amnesty and the telegraph supports the Catholic Church’s view. After reading both articles I believe the guardian puts up a much more convincing and uses the information carefully to make me believe it is a pointless decision for the Catholics to turn there back’s on amnesty and will do them no good. I personally feel neutral about abortion, I believe that abortion is a serious decision and unnecessary abortion is wrong. However just like amnesty I believe abortion is ok if caused by rape or it may affect the women’s life. This just goes to show maybe the Catholic’s attack is unfounded and that there is no point in splitting of amnesty and the Catholics, as I am a catholic and like many share these views. What I have learnt from this coursework is how influential the media can be and how they can pick up a topic, twist it, put people against each other and make a profit from it. Newspapers can create evil figures and change the public’s view of a character for example the way the tabloids have changed the way people think of Heather McCartney during her divorce. However everybody has there own opinions on what the Catholic Church has done and all have these opinions for different reasons. Some peoples religions change there view many Catholics will back there Church and fully support there church. Others will be altered by there upbringing and many will follow what they were brought up to believe so if they were brought up to follow amnesty they are more than likely to stick with them. Newspaper’s change people’s views and can create a bias between sides and if the public are constantly battered with the information it is only a matter of time before the minds change. A final factor that can change peoples view is there own good and bad experiences and if someone has a bad experience with a person, group or organisation there view of them will be altered. This may not be an issue that effects everyone, however it is a very important event for Catholic’s or anyone associated with the Catholic Church, especially those who are members of Amnesty as it put there religion and personal beliefs in conflict and can cause some important personal decision to be made on there religious future. So it goes to show moral views and religious views for Catholics are not identical and issues such as this just highlight this. Finally we come to what may happen from now on and what the future paths are for the Catholic Church and amnesty. Firstly the Catholics may ignore what the church has to say on amnesty and carry on supporting both amnesty and being a catholic and in the end ant feud will be dropped. Secondly the media may carry on picking up on the story and use it as a daily article, this may result in publicity neither side wants and the whole topic becoming out of hand and both sides being made a mock of. The final option is for both amnesty and the Catholic Church to come to a compromise and to forget there one minor difference and focus on there many similarities and soon the media will get bored of the whole topic and move onto a more interesting news. As for both amnesty and the catholic church this is the result which suits them both but what happens from here is down to them and the media. How to cite WRL media coursework, Amnesty, Papers