Preview

SWOT Analysis Of Skechers USA Inc.

Powerful Essays
Open Document
Open Document
823 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
SWOT Analysis Of Skechers USA Inc.
Skechers USA Inc. is the one of popular shoes manufacture and retail in United States and worldwide, operating 450 stores which includes: concept stores, factory outlet, warehouse outlet, in the United States and international (Skechers, 2015). Skechers USA Inc. operates in the U.S. manufacture and shoe retail industry. Skecher USA Inc. provides the variety of apparel, footwear, accessories for men, women, and children.
The external analysis includes the macro and industry environment. Three major forces were identified that are driving change in the macro environment: increasing interconnectivity, the changing face of U.S. population, and the increasing dominance of emerging economies. The industry environment for the U.S. shoes manufacture
…show more content…
Inc. Strengths of SKX are including: service, technological development, human resource management, and organization. Weaknesses of SKX are including: Inbound logistics, marketing and sales, and financial management. Opportunities are including: the increased interconnectivity, the changing face of the U.S., the increasing of interconnectivity, the high barriers to entry, and the low bargaining power of buyers. Threats include: the increasing interconnectivity, the increased dominance of China and India, the medium-high threat of substitutes, and the high power of …show more content…
are: maintain status quo; leverage human resource management and family concentrated ownership to increase the total revenue and revenue per store; leverage technology development and family concentrated ownership to differentiate its market to increase the revenues. The best alternatives for Skechers would be using the strength in human resource management and the family concentrated ownership to maximize the ability to take advantage of the changing face of the U.S. population, the increasing interconnectivity. Skecher USA Inc. could face three big implementation issues, including marketing & sale, increased interconnectivity, and financial management, when process its business strategy. All data in this analysis has been retrieved from the 10K reports of Skechers USA Inc., Crocs Inc., Columbia Sportswear Co., and Under Armour Inc., unless otherwise

You May Also Find These Documents Helpful

  • Good Essays

    Nike Swot Analysis Essay

    • 482 Words
    • 2 Pages

    There are several significant athletic and leisure footwear companies and sports equipment firms that produce similar products. Some of the primary ones are Puma and Adidas are some of the big competitors with Nike. Other large companies have diversified their product lines to include athletic and leisure apparel including Under Armour and lululemon. This type of quick change in technology and customer preferences can result in a risk for Nike. Demand for Nike’s products relies on what the norm in many sports and fitness related activites are, as well as the ever-changing trends, these generally control the financial results of Nike. If competitors have more success attracting customers with more appealing footwear or apparel, this would also hurt business…

    • 482 Words
    • 2 Pages
    Good Essays
  • Good Essays

    American Eagles Outfitters (AEO) was founded in 1977 by brother Jerry and Mark Silverman. The store opened as a segment of Silverman’s Menswear, Inc. in Twelve Oaks Mall in Michigan. Today, the company is headquartered in Pittsburg, Pennsylvania and operates approximately 1,00 retail stores as well as online at ae.com and aerie.com. The company has store base in approximately 150 locations in over 20 countries and ships to approximately 80 countries around the world. The company also has license agreements with third parties to operate its stores throughout Asia, Europe, Latin America, and the Middle East.…

    • 414 Words
    • 2 Pages
    Good Essays
  • Better Essays

    There are many strategies that organizations can incorporate in today’s business environment. An organization can decide to take on a low-cost provider strategy, a focused low-cost strategy, broad differentiation strategy, focused differentiation strategy, and/or a best-cost provider strategy. While all of them have their own unique features and can offer a competitive advantage over its rivals, Competitive Shoes, Inc. decided to incorporate the best-cost strategy into its organization in order to compete against it rivals. By incorporating the best-cost strategy into its organization, Competitive Shoes Inc. felt that they could stay competitive in the market by giving their customers more value for the money.…

    • 5931 Words
    • 20 Pages
    Better Essays
  • Good Essays

    The concept of market structures and competitive strategies are important when attempting to compete in any market. Understanding what market structure your product falls under can help companies develop better competitive strategies and identify potential for loss and gains. The athletic footwear industry in the United States is highly profitable and continuously growing. In this paper I will identify market structure of the athletic footwear industry, the major retailers, and competitive strategies that can be used to maximize profits.…

    • 1412 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Nike was incorporated in 1968 and has become arguably synonymous with elite footwear/apparel amongst the world population (Nike 10K, 2009). Nike’s primary business “is the design and development and worldwide marketing of high quality footwear and apparel” (2009, pg.1). In addition, Nike also designs/markets sports equipment and accessory products. Nike puts a heavy emphasis on investing in the innovation and design of their products to give their customers a high-quality product. Nike is the largest seller of athletic footwear and apparel in the world (2009). Nike sets the bar for other companies in the sports apparel/footwear industry, like Under Armour.…

    • 5144 Words
    • 21 Pages
    Powerful Essays
  • Good Essays

    Mercury Athletic Footwear

    • 692 Words
    • 3 Pages

    Active Gear, Inc. is a privately held footwear company with $470.3 million in revenue in 2006, making it relatively small compared to big players in the athletic and casual footwear industry. Eyeing an opportunity for growth via a bolt-on acquisition, John Liedtke, head of business development for the company, is looking into acquiring a subdivision of West Cost Fashions, Inc., Mercury Athletic. With 2006 revenue of $431.1 million, Mercury Athletic represents a similar market share in the mature, highly competitive industry. Liedtke believes the acquisition would help nearly double Active Gear’s revenue, and is confident that West Coast Fashions will be approaching Active Gear soon with an offer. Preempting analyst calculations and the West Coast offer, Liedtke wants to perform his own analysis of the potential acquisition.…

    • 692 Words
    • 3 Pages
    Good Essays
  • Good Essays

    After analysis of the four major markets, we came to the conclusion that there was ample business opportunity for a high-end (8-9 Star) quality athletic shoe since none of the other companies were pursuing that portion of the market. We also wanted to restrain our model availability to 200-250 to position our products firmly in the high quality differentiation niche market, and in order to play on our strength of low reject rates that can be realized with smaller model availability. By year 16 positive gains were shown in every category. Net Revenues increased by $92 million, Earnings Per Share…

    • 550 Words
    • 3 Pages
    Good Essays
  • Good Essays

    There are many economic data points that serve to demonstrate the economic soundness of the French marketplace as a viable option for Lululemon. France has a large population which includes several major urban centers which represent suitable targets for Lululemon’s marketing activities. As a developed economy with a robust economy, the average income in France is sufficiently high to afford high quality, high price products like Lululemon products. Finally, there is sufficiently developed technological and communication infrastructure to support a focused marketing campaign which will allow Lululemon to penetrate the market.…

    • 2180 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Lululemon is poised and well positioned to move to another level in the luxury sports apparel marketplace. While our challenges over the last 18 months have been impactful, we have maintained profitability and have not lost significant market share. In response, our leadership team conducted environmental and organizational scans over the last 30 days. From these scans, we have identified some future strategic opportunities and challenges that when addressed, will set us up to become the #1 sports luxury apparel brand in the world. We will continue our innovation by introducing new products lines; there is a great opportunity for us to expand into a children’s line. Another opportunity for Lululemon is to investigate new channel strategies…

    • 908 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    With 2010 annual revenue of $19,014,000,000, Nike’s revenue was substantially greater than the identified competitors. Due to the revenue difference and the lack of athletic footwear company in the list, I expanded the analysis to include the German company Adidas. Adidas is listed under SIC 5139 – Footwear. Despite the SIC differences, Adidas and Nike are the most direct competition for the athletic market. In addition, Adidas’ 2010 revenue converted to USD is $ 16,047,083,997.…

    • 1453 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Mercury Case

    • 522 Words
    • 3 Pages

    Footwear was a mature, highly competitive industry marked by low growth, but fairly stable margins. However, the individual firms could be quite volatile.…

    • 522 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Nike sells to approximately 140 countries around the world and currently boasts an approximate revenue of $8,776,900,000 These revenues are based on product sales of shoes, clothing, and other sports products. Advertising expenditures currently total $223,300,000 and include the following allocations: $64,975,000 for network television, $31,447,000 for consumer magazines, $7,700,000 for spot television, $343,000 for newspapers, $134,000 for outdoor postings, and $36,000 for radio. (Reed Elsevier) Most footwear products are made outside of USA. However apparel products are produced in the USA and abroad. (www.statcan.ca) In this article we will try to explore the interaction between the company Nike and its external business environment, as well as the internal strengths and weaknesses of the company. We will attempt to discover some of the significant changes and events in the external environment that have occurred in the last 5 years and have directly impacted Nike. We will describe how the company adapted and responded to these changes and what the effects of these events were. Also we will identify and describe some of Nike's internal strengths and weaknesses.…

    • 4587 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    An analysis and evaluation of the critical success factors and marketing mix of TOMS Footwear Company…

    • 1713 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Innovation is the keyword in Geox. In apparel and accessories industries like Geox, innovation is not an easy thing to do because company’s revenues mostly rely on selling seasonally changing lifestyle goods and the company is jumping in the industries of maturity stage. It is unique that Geox, a relatively young company who had penetrated the mature industries, in other words difficult to compete with, by using unique strategic managements. They tried to differentiate themselves from the competitors not only in their product design but also proper positioning within industries. The purpose of this paper is to find out how Geox has become one of globally innovative companies within the industry and what kind of strategic thinking the company had in mind. Among many methodologies, SWOT analysis method will be used to understand strengths and weakness that company had both internally and externally. After the SWOT, the focus will be based on the data illustrated in company’s previous financial statement given in the case. The last section of this paper will conclude overall view of the company’s strategic management style.…

    • 1017 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    The purpose of this integrated marking communications strategy is to create a cohesive identity of brand image and a positioning that customers will recognize and relate to in any content (Insight Marketing 2012). In this report, an integrated communications strategy will be about new generation of electronic cars invented by Tesla Company.…

    • 1743 Words
    • 7 Pages
    Powerful Essays