Swot Analysis

This is a SWOT analysis taken from:
https://www.mbaskool.com/brandguide/lifestyle-and-retail/990-dolce-and-gabbana.html

Strengths:
1. Strong brand image
2. Loyal customers
3.Innovative and unique products suiting people’s taste for change and quality launched frequently 
4. Large portfolio of brands

Weaknesses:
1.Highly priced products limits its customer base to the elite and rich people
2.Highly affected by the economic fluctuations, thus having higher sales when market conditions are better and vice versa
3.Strong competition from othyer luxury brands

Opportunities:
1.Growing luxury markets with growth in economies like India and China
2.Product and services expansion throughout the world
3.Innovation in products

Threats:
1.Strong competitors competing in terms of innovation, style and elegance
2.Difficult to break the loyalty of customers towards other brands
3.Huge investments in promotion of the brands

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