SWOT Analysis
Analyzing the Strengths, Weaknesses, Opportunities and Threats of the new Fenty x LVMH partnership for the expansion of Rihanna's brand empire.
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Strengths
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Weaknesses
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Opportunties
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Threats
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There is existing trust with consumers for Fenty’s high-performing products.
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There is love, admiration and loyalty from the existing fan base for Rihanna’s brand empire.
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Fenty Beauty has set the tone for inclusivity for a wide range of foundations for its initial launch – which also set the tone for herself as a brand owner: inclusivity is important to her across all of her entities.
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Previous ready-to-wear clothing line partnered with LVMH was put on pause–this could be hard to start back up or even seen as a failure even with substantial reasoning.
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Complaints have been made of the current existing products' price points being so accessible to all types of consumers, making having the option for inclusive sizing or color-matching outside some’s budget points.
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Becoming a full luxury House with a full range of different products across different industries. All products will ultimately known under ONE common name “Fenty” with the creation of the Fenty House–making all sub-categorized brands (i.e. Fenty Beauty, Fenty Skin, Savage X Fenty) more recognizable.
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Create permanent collections in fields such as jewelry, perfume, and even a re-launch of ready-to-wear clothing can be done to compete with the support of LVMH to compete with other competing brands
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This partnership has the risk of becoming too overly saturated with different types of products.
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Competition of other growing brands with an existing celebrity founder/spokesperson(s) (i.e. Rare Beauty, Kylie Cosmetics, SKIMS, Fabletics: Kate Hudson, etc.)
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Risk of price points increasing of exhibiting products due various reasons, steering consumers away from purchasing Fenty products.
**This product campaign is in no way affiliated with Robyn Fihanna Fenty, any Fenty brands, or LVMH**