Branding Fila Essay

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FILA SWOT 2007-2008 Strengths | Opportunities | * Successful brand image through sport celebrities such as Bjorn Borg, Boris Becker, and Gabriela Sabatini, among others that has promoted their brand very well. * New brand associations with performance and technology. * Good name and logo: easy identifiable. * Figures like Paris Hilton for fashion image. * The supplier for the “AT&T Austin marathon” * Customer loyalty: The launch of “How do you Fila” campaign created a link with customers. * Affiliations with world class professional athletes and events. * Fila became the official footwear licensee to the Wimbledon championship. * Brand building through licensees in Europe, the Middle East, Africa and Latin America by ten-year contracts. * Fila had more than 500 points of distribution including 300 franchise stores in the US. | * Potential markets: South Korea and US. * Brand expansion to causal clothing and sports equipment. * The opportunity of selling long-term global licenses for an upfront payment and a lower annual royalty fees. * Lower cost production in China. | Weaknesses | Threats | * Loosing the objective and trying to positioning the brand as luxury brand. * Financial problems: losses of $42 million on $61 million of sales. * Loosing market share: fourth position behind Nike, Reebok and Adidas. * Less product offer in women field comparing with its competitors. * The globally brand was fragmented. * Acquisition debt of $400 million. | * Tremendous competition: Nike, Adidas, Rebook, Tommy Hilfiger, and Lacoste. Small market share. * High labor costs and a recession context in the US by 2008. * Sports industry in constant change. It requires regular innovation and adapting techniques. | Fila was considered one of the best-known brands of sports apparel during the 70’s and 90’s. It was

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