Wednesday, May 6, 2020

Zara and Reiss Comaparison Essay example - 1091 Words

After approaching a Reiss and Zara Store in Oxford circus, speaking to staff and doing some more research on the internet i have come to notice both ZARA and REISS are a growing profitable companies. When looking at REISS THE BRAND: Reiss a retailer of â€Å"own brand† quality fashion menswear and womenswear that established itself in London in 1970. The brand has become reorganized as a progressive, fashion-led retail company. Designing and producing own –label ranges it offers an aspirational look at affordable prices When looking at REISS THE STORE: All the retailing shops of Reiss are in the UK and one been in Ireland. Furthermore, Reiss has 28 wholly owned shops and 4 concessions in house of Fraser. These stores are chosen in price,†¦show more content†¦Money: The investments needed are affordable for REISS according to their financial statement. Portfolio Analysis: the product of Reiss is of high quality and good design combined with the store experience delivered throughout the store environment. Customer Analysis: Men and women aged 18-40 years who are style conscious, like good quality and good design products (clothing), also business people, because one of Reiss’s key activity is providing great suits. Strategic intent reality: †¢ Strategic intent: entering the Dutch market reaching the objective of the increase of international sales. †¢ Strategic reality: the reality is that the strategy is achievable. External Analysis- Opportunities for Reiss when dealing with their environment market that Reiss are aiming. †¢ Fashionable people: more and more people are becoming style conscious and this is a great opportunity for Reiss to attract and grab these potential buyers with Reiss’s affordable and quality products. †¢ Business people: Reiss has a excellent smart wear collection and is extremely popular with its customers. †¢ Wide communication network- a great opt to create brand awareness †¢ Economic crisis- the economic crisis is a great threat, because people are not spending a lot of money. Competitors Competitors are also a threat for Reiss because they have already a big

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