A product type that Old Navy will outsource is an undergarment. We will develop both basic and fashionable undergarments as a new product line, but we will focus more on basic simple undergarments than sexy lingeries. Old Navy is one of the American largest clothing and accessories retailers, and so many customers like to shop at Old Navy mostly because of reasonable prices and simple designs. Of course, Old Navy is targeting all people, various ethnic groups and ages as a whole family. However, their major customers are working moms at an age from 25 to 40 (Flinn, 2011). The interesting thing is that there are undergarment lines for men and kids, but none for women, who are the major customers of Old Navy. Here are several reasons why it …show more content…
It could hold customers longer in the store and increase more sales. Lin discussed that “27% of women have decided against buying a particular clothing item simply because they didn’t have the right bra to wear underneath it” (Lin, 2012). If Old Navy starts having an undergarment line, women would get a new nude colored underwear while purchasing a white top. People also could satisfy to shop everything from apparel, shoes, accessories, bags, and undergarments at one place for all family members.
Third, Old Navy’s competitors already have intimate apparel lines. Kohl’s, Target, Ross, and H&M have various products for a family at good prices. In order to not lose current customers by the competitors and to compete with other retailers, Old Navy also needs to make something that Old Navy doesn’t have yet, which is an undergarment line.
Fourth, comfortable and simple undergarments are the key to grabbing attentions of women who dislike wearing uncomfortable underwire bras and rather stop wearing bras at all. Old Navy can make comfortable bras and panties that feel women free. There are seamless, breathable, lightweight and thin wireless bras. Those who like wearing simple and basic apparels also like wearing comfortable and simple
Stagnant sales performance has caused Harrington Collection to explore new avenues for improved performance, including the launch of a new active-wear line. Recognizing an emerging trend of low price and rapid style turnover in the women’s apparel market, along with tremendous growth in the active-wear segment, Harrington needs to work strategically to capture this profitable market opportunity. After careful analysis, it was determined that Harrington should implement a new active-wear line.
Increased sales have resulted primarily from the Gap's ability to expand into specialty markets. Banana Republic is known for casual luxury, with high-quality apparel for men and women and sophisticated seasonal collections of accessories, shoes, personal care products, intimate apparel and gifts for the home. Old Navy, is known for its low cost, and is famous for its denim, graphic tees, cargos, and tops. In addition, the Old Navy Item of the Week which, offers a special item every week at a discounted price.
J.Crew as an iconic brand targeting young working professional by focusing on preppy and classy look failed in identifying brand focus. Also, their business model is performing poorly in the fast-fashion industry compare to traditional competitors, with its high prices, diverging quality, and undesirable brand image. Hence, the brand perception by customers has changed and many of them prefer to purchase the discounted products rather than full-priced items.
New market opportunities could be a way to push Under Armour forward. Expanding the product service lines by under armour could help them raise sales and increase their portfolio. Expanding into other markets could be a possibility for under armour. Forming strategic alliances and joint ventures is an opportunity for under armour to maximize profit and gain new business. Reduce prices of the products. Increase number of retail outlets.
If you’re looking for stylish casual clothing for the whole family, Old Navy is the place to shop. Aside from casual styles they also sell swimwear, active wear, accessories and more. Past coupon codes have been for up to 50% off and sometimes require a minimum spend. To keep up with current coupon codes from Old Navy, be sure to check Momdeals
The intensity of rivalry and the threat of substitutes are strong components for J.C. Penney to consider as they continue to strive for increased revenue and market share. Their two primary competitors are Macy’s and Kohl’s, both of whom have fiercely competitive strategies to be strong retail operations. For instance, while Macy’s offers a multitude of promotional deals and is working hard to choose products based upon demographics and geographic segmentation, Kohl’s is attempting to reduce their inventory levels and improve their marketing strategies in order to become a stronger competitor in the department store segment of the retail industry. In order to compete with their competitors, J.C. Penney aims to focus on their previously successful promotions and home department segmentations by bringing in new reputable designers in order to attract a larger customer base. Due to the fact that the intensity of rivalry and threat of substitutes are both moderately strong in the retail department store industry, J.C. Penney ought to be diligent in their implementation of strategies in order to achieve success in the retail business.
Under Armour’s business strategy towards market segmentation is broken down into three different basis; Age, Gender, Uses. The first major market segmentation is by age, different age groups demand different products and Under Armour has produced certain merchandise to appeal to each generation. The second is Gender, both male and female respectively make up roughly 50% of the market equally.To appeal to females UA produces apparel in brighter colo, as a fashion forward athletic wear. While for males they they cater toward masculine vibe of tight fitting and resistant to wear and tear. Lastly, UA segments by the range of uses for their products.
Old Navy is a brand owned by Gap, Inc. As a whole, Gap’s purpose is “to make it easy for you to express your personal style throughout your life” (www.gapinc.com). The culture of Gap, Inc is governed by their key values: integrity, respect, open-mindedness, quality and balance. One way Gap achieves their purpose is through one of their four brands, Old Navy. The brand is known for offering on-trend apparel and accessories at great value. Old Navy's mission is to
Individuals, in the past, were often limited in regards to what they wore, with many companies requiring the donning of garments that sported the company logo. Although products were offered that will fulfill this requirement, they tended to be of low quality. Port Authority wanted to change this and did so with great success. It didn't take long for the company to take off, and today Port Authority clothing may be found in the workplace, at resorts, on golf courses and everywhere a person goes. The clothes are so amazing, people want to wear them as opposed to being required to do so, and many find the selection to be adequate for them to wear these clothes every day. They are no longer reserved for casual Fridays and the
Old Navy is an American clothing and accessories retailer owned by another big clothing comapny, Gap. It has corporate operations in the Mission Bay neighbourhood of San Francisco. The largest of the Old Navy stores are its flagship stores, located in the Mall of America(NYC), Seattle, Chicago, and San Francisco.
The coverage provide streamlining on the legs and conform them to look appealing with the designer lace. The see-through feature in the boxer brief underwear looks even more tempting. If you want to know more about sheer underwear, click here.
Under Armour focuses primarily on producing three different lines of clothing (COLDGEAR wit’s cold, HEATGEAR, and ALLSEASONGEAR) along with three different types of fit. In 2011 as the company looked into expanding its brand, it started manufacturing shoes and accessories for all main sports while incorporating the microfiber technologies to them—which gave the company a significant competitive advantage in the high performance apparel market.
In the apparel industry, the American Apparel’ faces stiff competition from the Gap, Urban Outfitters, American eagle, and Express.
Old Navy is a big company. They reach over 1.7 million people monthly. Old Navy is owned by an even bigger company; Gap Inc. Which also owns Gap, Banana Republic, Intermix, and Athleta. Gap Inc. is even bigger. They reach even more people because they are world-wide. They have around 135,000 employees and has 3,727 stores worldwide. 2,406 of those stores are in the US. Gap Inc. have some pros but they also have some cons. Some of the pros: They are working towards zero discharge of hazardous chemicals in the supply chain. Also, “in 2015, Gap reports that women made up more than 70% of its senior leadership.” -Project Just. Some of the cons: In 2014, 2.8% of Gap’s factories did not follow the rules for child labor. 25.9% factories did not a single day off in a full week. And 10.6% had verbal or psychological abuse or threatening/blackmailing.
New product development: Levi Strauss and co.’s women’s wear division markets several line of casual sport wear including jeans, slack and knit and woven tops, blazers and skirts. New products are continuously introduced by Levis Strauss. The recent introduction of women 501 jeans has been very successful.