Preview

Ralph Lauren, Brand Analysis and Sourcing Plan.

Powerful Essays
Open Document
Open Document
6300 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ralph Lauren, Brand Analysis and Sourcing Plan.
Table of Contents Introduction 2 Part 1: Ralph Lauren - More than just a Brand 2 Company background 2 Company information 2 Competitors 3 Target consumers 3 Positioning - the story told by the brand 4 More than just clothes 5 Position from a value chain point of view 6 The consequences on range development 6 Part 2: The Sourcing plan 6 Sourcing Location 6 Continuity product 7 Seasonal product 7 Short-Seasonal product 8 Supplier Relationships 8 Continuity product 8 Seasonal product 9 Short-Seasonal product 10 Production Activity Control 10 Bibliography: 12

Ralph Lauren
Introduction
Ralph Lauren is one of my personal favourite brands and the reason to why I have chosen to write about this fashion company. To me it feels natural to think about the brand as an affordable yet fashionable brand, since it is quite common to see many shirts or other R.L. apparel on the streets of my hometown Gothenburg in Sweden. During the process of learning more about fashion and fashion sourcing, I have however come to realise how much more that lays behind the reasons why I chose to wear this brand and how much more diverse the company’s product portfolio really is.

The first part of this paper is going to present a brief outline about the history of the company, the company’s market share and positioning. The main focus will however be on how they try to convey the message of meaning to its customers.

The second part presents a suggested sourcing plan for three different product lines, discussing routes, different natures of relationships and how to perform production activity control in the different types of manufacturing processes.

Part 1: Ralph Lauren - More than just a Brand
Company background
The Polo Empire began in the late 1960’s when the creator Ralph Lauren decided to create his own line of ties. At the start everything did however not go all smoothly. In the beginning Lauren



Bibliography: Asiaqualityfocus.com (2011) Factory Agreement based on Golden Sample? | Quality Control Blog. [online] Available at: http://www.asiaqualityfocus.com/blog/factory-agreement-golden-sample/ [Accessed: 21 May 2012]. Askmen.com (2012) Polo Ralph Lauren Shirt Custom-Fit - AskMen. [online] Available at: http://www.askmen.com/fashion/apparel/polo-ralph-lauren-shirt-custom-fit.html [Accessed: 21 May 2012]. Bokus.com (2011) New Rules Of Retail - Robin Lewis, Michael Dart - 9780230105720 | Bokus bokhandel. [online] Available at: http://www.bokus. Brandchannel.com (2011) Redefining the Luxury Concept | Uche Okonkwo | brandchannel.com. [online] Available at: http://www.brandchannel.com/papers_review.asp?sp_id=485 [Accessed: 21 May 2012]. Cabusinessadvisor.com (1999) Overdependence. [online] Available at: http://www.cabusinessadvisor.com/Mgmt/BusTraps/Overdep.htm [Accessed: 21 May 2012]. Chinasourcingblog.org (2012) The China Sourcing Blog: Supply Chain Archives. [online] Available at: http://www.chinasourcingblog.org/supply-chain/ [Accessed: 21 May 2012]. Ehow.com (2012) The History of Ralph Lauren | eHow.com. [online] Available at: http://www.ehow.com/about_5114046_history-ralph-lauren.html [Accessed: 21 May 2012]. Ehow.com (2011) How to Identify Bottlenecks in Manufacturing | eHow.com. [online] Available at: http://www.ehow.com/how_8536514_identify-bottlenecks-manufacturing.html [Accessed: 21 May 2012]. Executive-magazine.com (2009) Morocco - Where outsourcing is in. [online] Available at: http://www.executive-magazine.com/getarticle.php?article=11531 [Accessed: 21 May 2012]. Fundinguniverse.com (2003) Polo/Ralph Lauren Corporation -- Company History. [online] Available at: http://www.fundinguniverse.com/company-histories/PoloRalph-Lauren-Corporation-company-History.html [Accessed: 21 May 2012]. Girvin.com (2008) GIRVIN | Strategic Branding Blog | Ralph Lauren | Brand storytelling: transporting American visioning in hybrid media. [online] Available at: http://www.girvin.com/blog/?p=1850 [Accessed: 21 May 2012]. Infomat.com (2008) Ralph Lauren Fashion Designer Biography and profiles of fashion designers. [online] Available at: http://www.infomat.com/whoswho/ralphlauren.html [Accessed: 21 May 2012]. Investor.ralphlauren.com (2012) Investor.Polo.com. [online] Available at: http://investor.ralphlauren.com/ [Accessed: 21 May 2012]. Isidro, I. (2012) Understanding Your Target Market: Polo Ralph Lauren | Learning from Big Boys. [online] Available at: http://www.learningfrombigboys.com/2009/07/understanding-your-target-market-polo.html [Accessed: 21 May 2012]. Oprah.com (2011) Why Clothing Is More Than Just Clothes to Ralph Lauren - Oprah.com. [online] Available at: http://www.oprah.com/oprahshow/American-Icon-Ralph-Lauren-and-His-Fascinating-Family_2/9 [Accessed: 21 May 2012]. pmlogan (2008) Ralph Lauren 's Rivalry. [online] Available at: http://pmlogan.hubpages.com/hub/Ralph-Laurens-Rivalry [Accessed: 21 May 2012]. Ralphlauren.com (2012) Ralph Lauren: Shop Men 's & Women 's Clothing, Shirts, Shorts and Swimsuits.. [online] Available at: http://www.ralphlauren.com/home/index.jsp?ab=global_logo [Accessed: 21 May 2012]. Vimeo.com (2012) The Official Ralph Lauren 4D Experience - London on Vimeo. [online] Available at: http://vimeo.com/16723278 [Accessed: 21 May 2012]. Woodard, R. (2010) Asia holds the key to Ralph Lauren future. [online] Available at: http://www.just-style.com/analysis/asia-holds-the-key-to-ralph-lauren-future_id108523.aspx [Accessed: 21 May 2012].

You May Also Find These Documents Helpful

  • Satisfactory Essays

    For 37 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The organization is a leader in the design, marketing and distribution of premium lifestyle products in three categories: HOME, accessories and fragrances. With expansion into 65 countries, Polo Ralph Lauren brands represent approximately $10 billion in global retail sales. The key elements of Polo's expanding strategies include extending Polo Ralph Lauren brands, expanding geographic coverage, increase direct management of brands and enhance Polo's operations.…

    • 551 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Head to toe Ralph Lauren is a hard look to pull off, but fortunately for him, it pairs well with aviators, loafers and an ‘I put more effort than required into my hair’ cut. You will probably spot him milling around the library taking loud business calls and dropping corporate jargon like it going out of style, “I’ll pencil you in for lunch?”…

    • 642 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The Ralph Lauren: Red Polo ad displays a story of what every man thinks they should want and what they should aim to look like. This ad is cologne commercial for their latest fragrance. An extremely high priced car is speeding…

    • 667 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Foot Locker

    • 1341 Words
    • 6 Pages

    The history of Foot Locker can be traced through that of Woolworth and the company’s founder, Frank Winfield Woolworth, who parlayed the idea of the five-and-ten cent store into an international retailing empire. On…

    • 1341 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Ck vs Warnaco

    • 744 Words
    • 3 Pages

    On May 30, 2000 The Calvin Klein family filed a lawsuit against Warnaco Group Inc for eighteen counts of trademark infringement, trademark dilution and intentional misrepresentation. Nearly a month later Warnaco answered with a counter suit, denying the major allegations and justifying the dilution to falling within the scope of the two parities licensing agreement. The case study brings forth information regarding fashion retailing, distribution practices and even the licensing practices expected within the marketplace, however as a reader one should keep in mind that during the millennium “licensing was a staple in the fashion business.” (pg.8) Many companies looked to licensing to help brand extension and most, in fact, built a steady revenue from licensing out their brands. These brands include brands like Ralph Lauren, Nine West and Liz Clairborne, but also venture into the luxury market targeting brands such as Gucci and Fendi as well. It is safe to say that licensing, in the millennium, was a prominent and successful trend within the fashion industry. It was this trending success that emerged licensing groups, such as the Warnaco Group.…

    • 744 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Ralph Lauren’s Polo has had a similar affect on the fashion world. Though manufactured in China under similar conditions, and sometimes made of one layer of thin fabric, widespread antagonizing phrases, such as, “It ain’t Ralph, though,” show that consumers still regard Polo as a brand to be applauded, regardless of its true…

    • 757 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Then he broadened Polo to include a menswear range and established women’s wear in 1971. In 1974, he provided men’s clothes for movie “The Great Gatsby”, starring Robert Redford and Mia Farrow, all of which come from the current Polo line. Also, he provided the clothes for Woody Allen and Mia Farrow in Allen’s movie Annie Hall, starting a trend for eclecticism with men’s and women’s clothing used in a classic trendy, vintage mix decided by the individual wearer. In 1978, he launched Westernwear for men and women, based on authentic Western look. Hailed as the man who ‘recapture America for America’ it rebuffs the erroneous impression of Ralph Lauren’s fashion was too…

    • 1320 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    The mission of Ralph Lauren is to provide quality product, bringing different worlds together and inviting people into their dream and vision (McAllister, 2012). They are the true innovators of lifestyle advertisements that tell a story and the first to create stores that encourage customer participation in that lifestyle (McAllister, 2012).…

    • 1672 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    The Kooples

    • 3031 Words
    • 13 Pages

    Starting off selling ties in school to opening his first necktie store in 1967, Ralph Lauren soon established himself as well as his Polo trademark at the top of America’s top luxury brands for both men and women.…

    • 3031 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Rugby

    • 812 Words
    • 4 Pages

    Ralph Lauren is a well-known line that has been established for many years. The Ralph Lauren collection launched from the 1960’s, starting out as just a men’s clothing line. By 1971, Ralph Lauren introduced its womenwear. As the years went on, the Ralph Lauren collection expanded and quickly became a well-recognized, respectable brand. In 2004, Ralph Lauren launched Rugby, a line aimed for a demographic of teens and young adults. Rugby’s flagship store is located on 99 University Place; a walk away from Union Square. (Ralph Lauren.com) This line consists of jackets, polos, outerwear, accessories, and suits that portray a luxurious “preppy” style.…

    • 812 Words
    • 4 Pages
    Good Essays
  • Good Essays

    It was founded by designer Ralph Lauren, who still serves as CEO, Chairman , and Chief designer for the company. Ralph Lauren (born Ralph Lifschitz on October 14, 1939) is an American fashion designer and business executive. According to New York magazine, Ralph Lauren is “The first Image-Maker”, he is one of the fashion industry’s biggest hitters, but he studied business science and served his time in the army before breaking into fashion. Ralph Lauren was born and raised in Bronx, New York, by his middle-class Jewish parents who had emigrated from Belarus. In 1974 he was hired to create outfits for Robert Redford’s character in the film The Great Gatsby which became Ralph Lauren’s first big break. In the 1980s people were soon speaking of Ralph Lauren as the “Laurenification of America” and crediting him with creating a unique American Aesthetic, which claimed the 80s as the “decade of Ralph Lauren”. The design skills, image making, and marketing skills of Ralph Lauren and his principal partner, Peter Storm are what contributed to the company’s success. On June 13, 1997 the company went public on the New York Stock Exchange. The Founder and Chairman Ralph Lauren sold nearly 18 million of his own shares for $464.4 million; retaining 90 percent of voting rights through is ownership of all outstanding class B stock. Due to unexploited world markets and an underdeveloped women’s line, some analysts felt the stock had good growth potential even though the shares traded at a premium. In 1998 Polo Ralph Lauren announced 250 jobs cuts and nine stores closings; it also opened a flagship store in Chicago and fine-dining RL-branded restaurant next door a few months later. In March of 1999, Polo Ralph Lauren had 56 stores in Canada and 13 in the U.S., and paid $80 million for Club Monaco, Inc., a chain of trendy clothing stores based in Toronto that attracted…

    • 801 Words
    • 4 Pages
    Good Essays
  • Good Essays

    As a fashion icon, Lauren has created her own fashion line, LC by Lauren Conrad and worked in the fashion industry for many years. Lauren’s recent post about fashion lead her followers to articles and her ideas about fashion. The posting of How to Shop Vintage, her Fall Shop List, and How the Catwalk Meets the Sidewalk. Her wall post only validates her knowledge of fashion and how it fits her image of having class.…

    • 459 Words
    • 2 Pages
    Good Essays
  • Better Essays

    SWOT Analysis Of Mr. Porter

    • 2741 Words
    • 11 Pages

    Mr. Porter focuses on the sales for Men’s wear and products. A retail destination for menswear with editorial content, they carry products from designers like Alexander McQueen, Givenchy, Raf Simons, Lanvin, Loro Piana, Maison Kitsune, J.Crew, Church’s, Common Projects and many more.…

    • 2741 Words
    • 11 Pages
    Better Essays
  • Powerful Essays

    Lanvin - Brand Strategy

    • 7632 Words
    • 31 Pages

    Prodimarques, Lanvin Saga, , consulted on January 5th. Pure Trend, biography of Jeanne Lanvin and Radioscopie of the brand, , consulted on November 29th 2010 and on January 13th 2011. Style, The Future of Fashion, Part Six: Alber Elbaz, , consulted on January 16th 2011. The Internet Fashion Database, Biography Jeanne Lanvin, , consulted on December 2nd, 2010. Wordpress.com, , consulted on December 22nd, 2010.…

    • 7632 Words
    • 31 Pages
    Powerful Essays
  • Good Essays

    • Allen Solly manufactures very comfortable cotton and linen half and full sleeve shirts in solids of beautiful prints patterns like checks and stripes. They come in attractive color combinations of white and yellow, blue, pink, green and the list goes on.…

    • 1791 Words
    • 8 Pages
    Good Essays