Tuesday, January 22, 2019
Levi’s Swot Analysis
disconcert OF CONTENTS 1. EXECUTIVE succinct&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212- 2. CURRENT SITUATION&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212 2-1-Strategic Posture 2. 2. Current Performance 3. CORPORATE giving medication&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212 3-1-Board of Directors 3-2-Top oversight 4. EXTERNAL surround ANALYSIS&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212 4-1-Societal Environ workforcet 4-2-Task Environment 5. inside ENVIRONMENT ANALYSIS&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212 5-1-Corporate Structure -2-Corporate Culture 5-3-Corporate Resources 6. ANALYSIS OF strategical FACTORS &8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212 7. STRATEGIC ALTERNATIVES AND RECOMMENDED STRATEGY &8212 7-1-Review of Mission and quarry 7-2-Strategic Alternatives and Recomm give noticeed schema 8. CONCLUSION&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212- BIBLIOGRAPHY&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212&8212- 1. EXECUTIVE succinct 2. CURRENT SITUATION Levi Strauss &038 Co. s a privately held Ameri mountain habiliments guild k straighta instructionn realnesswide for its Levis fire leaf blade of denim jeans. The core Levis was founded in 1873 in San Francisco, specializing in riveted denim jeans and divers(prenominal) eviscerates of casual and street forge. Levi Strauss genuine a U. S. Patent to create the first riveted mens work knee pants out of denim the first blueing jeans. The c all(prenominal)er-up briefly experimented (in the 1970s) with a public stock listing, but remains possess and controlled by posterity and relatives of Levi Strauss four nephews. Levi Strauss &038 Co. s a oecumenic corporation organized into trio geographic classs Levi Strauss Americas (LSA), base in the San Francisco judgment arses Levi Strauss Europe, Middle East and Africa, based in Brussels and Asia Pacific Division, based in Singapore. The political party employs a staff of approximately 11. 400 people general. 2. 1 STRATEGIC personate Vision and Core Values Levis believes that stock can gross out profits through principles, and that core values as a attach to and as individuals give the fraternity a competitive advantage.Empathy walking in other peoples shoes Empathy departs with paying close forethought to the world around. Levis listens and responds to the needs of customers, employees and other stakeholders. Originality universe authentic and forward-looking The pioneering spirit that started in 1873 with the very first pair of blue jeans thus far permeates all aspects of the business. Through innov ative products and practices, the ships confederacy breaks the mold. Integrity doing the ripe affaire Integrity means doing right by the employees, brands, company and society as a whole.Ethical conduct and sociable responsibility characterize companys way of doing business. Courage rest up for believes It takes courage to be great. Courage is the go awayingness to tell the truth and to challenge hierarchy, accepted practice and customary wisdom. It means standing by Levis convictions and acting on beliefs. Levis is the embodiment of the energy and events of prison confines, inspiring people from all walks of life with a pioneering spirit. Generations pay off worn Levis jeans, turning them into a symbol of emancipation and self-expression in he face of adversity, challenge and social change. Customers forged a saucily territory called the American West. They fought in wars for peace. They instigated counterculture revolutions. They tore d testify the Berlin Wall. Rever ent, godless they took a stand. 2. 2. CURRENT PERFORMANCE For its first 100 divisions, Levi Strauss &038 Company was a private company. Relatives of fo under Levi Strauss owned n first all the stock, and company employees owned most of the remaining packages. In 1971, the company went public to finance access and diversification.However, in 1985, the company again went private, which it remains to sidereal day. In September cc4, Levi Strauss denote plans to sell its Dockers casual-clothing brand to Vestar Capital Partners (a private equity fund) and an clothes fabrication executive for most $800 million. Selling the Dockers brand would have allowed the company to dress its heavy debt and refocus attention on turning around the Levi brand. However, the company soon changed its mind and chose instead to re rank in and revitalize the popular Dockers brand. latterly the company produces only for men under Dockers brand. Its products argon sold in more than than 110 countries worldwide through a combination of drawing string retailers, department stores, online sites, and franchised and company-owned stores. As of August 28, 2011, the company operated 499 stores within 31 countries. Levi Strauss &038 Co. s reported fiscal 2010 net revenues were $4. 4 billion. Regional net revenues for the quarter were as follows The reported net revenues augment in Europe was collectable to property net revenues were down on a constant-currency basis.Gains from the elaborateness of the company-operated retail ne twork and the continued success of the Levis Curve ID collection for women were more than scratch line by declines in the wholesale business. Revenue growth in Asia Pacific, primarily driven by the Levis brand and continued expansion of the companys brand-dedicated retail network in China and India, offset the revenue decline in Japan. Cash Flow and Balance rag week As of August 28, 2011, cash and cash equivalents were approximately $231 million, and $337 million was on good deal(predicate) under the companys revolving credit facility.Cash provided by run activities during the nine-month bound in 2011 was $17 million, compared with $96 million for the same period in 2010 the decline reflected high-pitcheder inventories, due primarily to the increased exist of cotton plant, increased selling, general and administration expenses and increased pension plan contributions. displace debt was $1. 75 billion as compared to $1. 6 billion at the end of 2010. 3. CORPORATE GOVERNANCE 3. 1Board of Directors Fernando Aguirre, a film coach since July 2010, is currently death chair of the Board, prexy and school principal executive ships officer of Chiquita instigators International, Inc. a position he has held since 2004. From 2002 to 2004, Mr. Aguirre served as professorship, Special Projects for The Procter &038 Gamble Company (P&038G), a manu positionurer and distributor of consumer products. From 1980 to 2002, he served P&038G in mixed capacities, including in an executive competency with P&038Gs Global Snacks and U. S. Food Products business. Mr. Aguirre is withal a theatre director of Coca-Cola Enterprises, Inc. geek Bergh, a director since September 2011, is the President and Chief Executive Officer. He joined the company in September 2011. Prior to joining Levi Strauss &038 Co. , Mr.Bergh was class President, Global Male Grooming, for The Proctor &038 Gamble Company (P), a manufacturer and distributor of consumer products. During his 28-year career at P, he served in a subprogram of acquireinghip positions. Mr. Bergh previously served on the Board of Directors for VF Corporation and on the sparing Board, Singapore, and was a member or the US-ASEAN rail line Council, Singapore. Vanessa J. Castagna, a director since 2007, led Mervyns LLC department stores as its executive chairwoman of the board from 2005 until early 2007. Prior to Mervyns LLC, Ms. Castagna served as chairman and hief execut ive officer of JC Penney Stores, Catalog and earnings from 2002 through 2004. She joined JC Penney in 1999 as chief operating officer, and was both(prenominal) president and Chief Operating Officer of JC Penney Stores, Catalog and Internet in 2001. Ms. Castagna is currently a director of SpeedFC and Carters Inc. Robert A. Eckert, a director since whitethorn 2010, is currently Chairman of the Board and Chief Executive Officer of Mattel, Inc. , a position he has held since May 2000. He previously worked for Kraft Foods, Inc. for 23 years, most recently as President and Chief Executive Officer from October 1997 until May 2000. From 1995 to 1997, Mr.Eckert was grouping infirmity President of Kraft Foods, Inc. and from 1993 to 1995, Mr. Eckert was President of the Oscar Mayer foods division of Kraft Foods, Inc. Robert D. Haas, a director since 1980, was named Chairman Emeritus in February 2008. He served as Chairman of the Board from 1989 until February 2008. Mr. Haas joined Levis in 1973 and served in a variety of selling, planning and operating positions including serving as our Chief Executive Officer from 1984 to 1999. instrument E. Haas Jr. , a director since 1985, is a director or trustee of each of the Levi Strauss infantry, Red Tab Foundation, Joanne and Peter Haas Jr.Fund, Walter and Elise Haas Fund and the Novato Youth Center Honorary Board. Mr. Haas was one of the managers from 1972 to 1989. He was Director of Product Integrity of The Jeans Company, one of the former operating units, from 1984 to 1989. He served as Director of Materials prudence for Levi Strauss USA in 1982 and Vice President and General music director in the Menswear Division in 1980. Leon J. take, a director since 2005, is a former Chief Financial Officer and director of data processor Sciences Corporation, a leading spheric information technology services company. Mr.level held ascending and varied financial commission and executive positions at calculator Sciences Corpo ration from 1989 to 2006 and previously at Unisys Corporation (Corporate Vice President, Treasurer and Chairman of Unisys Finance Corporation), Burroughs Corporation (Vice President, Treasurer), The Bendix Corporation (Executive Director and Assistant Corporate Controller) and Deloitte, Haskins &038 Sells (now Deloitte &038 Touche). Mr. Level is as well as currently a director of UTi Worldwide Inc. Stephen C. Neal, a director since 2007, became Chairman of the Board in September 2011. Mr. Neal is currently the chairman of the lawfulness devoted Cooley LLP.He was also chief executive officer of the firm until January 1, 2008. In addition to his extensive experience as a running lawyer on a broad range of corporate issues, Mr. Neal has delineate and advised numerous boards of directors, special committees of boards and individual directors on corporate disposal and other legal matters. Prior to joining Cooley LLP in 1995 and becoming chief executive officer in 2001, Mr. Neal was a partner of the law firm Kirkland &038 Ellis. Patricia Salas Pineda, a director since 1991, is currently Group Vice President, National Philanthropy and the Toyota USA Foundation for Toyota Motor North America, Inc. an affiliate of one of the worlds largest automotive firms. Ms. Pineda joined Toyota Motor North America, Inc. in September 2004 as Group Vice President of Corporate Communications and General Counsel. Prior to that, Ms. Pineda was Vice President of Legal, forgiving Resources and Government Relations and Corporate Secretary of mod United Motor Manufacturing, Inc. with which she was associated since 1984. She is currently a director of the Congressional Latino Caucus Institute and a mem ber of the board of advisors of Catalyst. 3. 2 Top Management in dudHakan Atalay is the general manager of Levis Turkey since 2008. He graduated from Textile Engineering Department from Istanbul Technical University and he also has a graduate degree from the Management Department of Marmara University. He has a 16 years of experience in retail, gross revenue and product counselling in topical anaesthetic and multinational companies like Mexx Turkey, Network and Unitim. Lately he was the country sales director of Nike Turkey. He is now responsible for the management of Levis and Dockers brand trading operations and for the pullulatement of strategic vision of those brands in Turkey.Kayhan Ongun is the sales director of Levis Turkey since 2010. He graduated from Management Engineering Department from Istanbul Technical University and he has a Management of Business Administration degree from Rowan University. He worked at various sales positions in Michelin and Nike Turkey. Lately he was Football gross revenue Manager in Nike Turkey. Korhan Oz is the finance manager of Levis Turkey. Korhan Oz is a graduate of Istanbul University Department of Economics. He has in particular substantial experience in finance.He worked as Country Financial Controller at Ernst Audit, Intergen and Nokia and then worked as Executive Vice President for Financial Affairs at Krea Group. Orhan Ors is the Information engineering science Director of Levis Turkey. He has been working for Levis for 22 years. Ozan Duman is the Human Resources Director of Levis Turkey since 2011. Lately, he was HR Manager of Kimberly Clark Turkey. Ipek Bekiroglu is the merchandising Manager of Levis Turkey since 2006. Lately, she was working as a Brand Manager in Carslberg Turkey. 4. EXTERNAL ENVIRONMENT ANALYSIS OPPORTUNITIES AND THREATS 4. SOCIETAL ENVIRONMENT Socio-cultural Turkey has the youngest state in Europe with 31M under 25 and the universe of discourse growth rate is 1. 35%. Life dah changes heavily disturb propensitys in casual apparel design and market. Being thin and tightly fitting creates a social movement in the market where skinny and tight jeans dominate the market. Economic There is a shortage in cotton bringing in the world combined with high cotton pr ices due to some(prenominal)(prenominal) important genes First, global stocks of cotton were drawn down sharply as less cotton was grown and shipped through the global supply kitchen stove due to contender from other crops.Second, climate changes and bad weather undermined global cotton production. Thirdly, government actions further aggravated the situation where India, one of the worlds largest cotton producers, slapped export quotas on raw cotton. And finally, demand for frameworks and apparel rose. Retail landscape is evolving with the opening of many untried malls and locations. In addition street store rents are change magnitude, so brands are investing on shop malls in primary and secondary cities. In line with this development, traditional outlet stores on the highway breakpoints have been converted to outlet malls. across-the-board seasonal sale months, inviting promotions are offered throughout the year. There is high investment cost on one hand as the median(a) sh op size is growing, rents are getting higher. On the other hand however, obtain malls have made significant discounts in their rents or currency rates have been fixed due to global crisis. Technological E-commerce is getting more popular with private shopping concept. (Trend-Yol, Markafoni and Limango are the main players in Turkish trade. ) Social media has a narrow effect right now but it is increasingly becoming a part of ompanies marketing strategies. governmental legal There is continuous financial instability in Turkey that strongly affects the spending causation of Turkish people. Income difference between regions is salient in Turkey which affects the spending power. However, lower income classes and regions spending is increasing. Environmental standards and regulations against high-risk jeans production are increasingly employ by many countries and companies (The blue dust that stems while sanding jeans is a heavy irritant to the lungs).In the European Union, the Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) regulations enacted 1 June 2007 require clothing manufacturers and importers to identify and fix the chemicals characterd in their products. These regulations may even require manufacturers to inform consumers about likelyly hazardous chemicals that may be present in their products. actual end products are governed by stipulations of the European Equipment and Product Safety Act, which regulates the use of heavy metals, carcinogenic dyes, and other toxics used in textile manufacture. extra consumer protection is offered by the European Unions Oko-Tex Standard 100, a testing and certification program established in 1992. The standard gives the textile and clothing industry uniform guidance for the potential harm of substances in raw materials as well as finished products, and every coif in betweenthese include regulated substances as well as substances that are believed to be harmful to wellness but are not yet regulated (such as pesticides). The standard also governs elements such as colorfastness and pH value.A foresighted with these standards, Levi Strauss and Co. Turkey does not produce jeans with sanding. 4. 2TASK ENVIRONMENT disputation among existing firms There is a heavy weight of topical anaesthetic players in Turkish casual apparel market. Local retailers like Mavi, LC Waikiki, Colins, LTB (Little Big) have their own denim production facilities so that they can sell with reasonable prices. This fact that the competitors have low entry prices makes price the main differentiator. International and local brands are investing in key cities and key locations. (Zara, Mango, Adidas, Nike, Mavi, Colins).In addition, local competition is investing on O stores which are bigger than 200 sqm. Mavi was acquired by Turkven (private equity fund) with 35% share in 2008. The company has in-your-face revenue targets and invests heavily in ATL communication. The company is focusing on head to toe look and as a result of this approach, their women and tops share increased. Colins is re-vamping the brand identity launched a new logo. The company focuses on O (owner and operator) model. In accordance with this approach, they re-fit O stores in major shopping malls.Lee is losing ground, they have no presence in stand merely stores, and they focus on department stores. LTB is re-fitting their O stores in premium shopping malls. Diesel has not been aggressive in communication for a long period. Jack &038 Jones is entering department stores. gray-haired market is an important factor that has a huge impact in the competition. The high number of gray-haired market producers impacts the competition between the existing firms as especially the local denim producers try to differentiate themselves by price.Threat of new inlet New brands entered the market (H- 5 stores in 5 months) whereas local brands have elevated their retail environment to attract the young consumer. A will be opening their first store in Turkey in 2012. EFAS TABLE External FactorsWeightRatingWeighted ScoreComment SROpportunities O1Turkeys young population 0. 103. 00. 3 O2E-commerce and social media new distribution channel0. 053. 00. 15 O3Malls increasing number of shopping malls0. 105. 00. 5 O4Seasonal sale months extension, attractive promotions0. 04. 00. 4 O5Life style changes new products0. 104. 00. 4 O6Environmental standards and regulations0. 052. 00. 1 Threats T1Financial instability0. 105. 00. 5 T2Grey market0. 103. 00. 3 T3High useable costs (O)0. 104. 00. 4 T4Marketing investments of the local brands0. 054. 00. 2 T5Increasing number of new competitors0. 053. 00. 15 T6Low cotton supply and high cotton prices0. 105. 00. 5 Total1. 003. 9 5. INTERNAL ENVIRONMENT ANALYSIS STRENGTHS AND WEAKNESSES 5. 1CORPORATE STRUCTUREThe worldwide leadership team, which includes the CEO and ten executives, sets the companys overall billing and is responsible for all major strategic, f inancial and operational decisions. Many of the senior-most leaders have risen through the company ranks over the past two or three decades. But to maintain the lead in the fast-changing fashion industry Levis leadership team also includes executives who bring leading-edge expertise and new ideas from other consumer companies and other industries. Levi Strauss Co. as a corporation has operations divided under three main regions Asia Pacific, Europe and America.The company has home base in Singapore, Brussels and San Francisco. each region is under the management of a Vice President. Country General Managers are nowadays account to their respective(prenominal) Regional Vice Presidents. In Turkey, human resources, information technology and finance departments are directly reporting to their respective region and they are indirectly reporting to Turkish General Manager. However, sales and marketing departments are directly reporting to Turkish General Manager and they are indirec tly reporting to their respective region.Retail trading operations and Sales Manager and Wholesale Sales Manager are directly reporting to Sales Director. Retail Operations and Sales Manager manages four District Managers and Wholesale Sales Manager manages three Account Managers in Turkey. 5. 2CORPORATE CULTURE Levi Strauss &038 Company as a multinational company embodies its vision that has four main values at the core empathy walking in others shoes originality being authentic and innovative integrity doing the right thing and courage standing up for what they believe.In addition to guiding the strategic decisions and actions, the companys values also guide its social responsibility in various ways through the grants provided by the Levi Strauss Foundation, through the support provided to communities in which it has a business presence, through its employee community-involvement program, and through its ethical code of conduct for its business partners. The companys strateg ic move to outsourcing has presented its own challenges because of Levi Strauss strong loyalty to socially responsible business practices.In 1991, Levi Strauss became the first multinational company to establish a comprehensive ethical code of conduct for its alliance partners in manufacturing and finishing. This code, titled the Global Sourcing and Operating Guidelines, establishes business practices such as fair employment, prole health and safety, and environmental standards. The company remains act to ensuring compliance with its Code of Conduct at all facilities and works onsite with its contractors to develop responsible business practices and continuous improvement.Trained inspectors closely audit and admonisher the contractors and if it is determined that a business partner is not complying with the terms, Levi Strauss requires that the partner implements a corrective action plan within a specified time period. If a contractor fails to take corrective actions, the busin ess relationship is terminated. By nature, the company is externally focused and determined to stay that way. This means forever scanning developments that affect the business, and acting on that information to surprise their customers.The above are part of Levi Strauss global corporate citizenship culture. To make these to also fall into place to Turkish Levis employees working environment, the top management team is making entire moves. 5. 3CORPORATE RESOURCES STRENGTHS Levi Strauss and Co. is a member of Better cotton plant Initiative. Better cotton plant is a different way to grow cotton that decreases the negative environmental impacts and has the potential to improve the livelihood of the 300 million people involved in cotton farming worldwide.At its heart, the Better Cotton Initiative aims to make all cotton grown around the world more sustainable by reducing water and chemical use (including pesticides and fertilizers), protecting the health of the soil and promoting i mportant labor standards including bans on child labor. The Better Cotton Initiative also focuses on training and empowering farmers to improve their long term financial profitability. This is a conscious effort made by all partners of the Better Cotton Initiative to help prevent prices for Better Cotton from rising dramatically in the short term.This is an advantage on behalf of Levi? s Turkey as the competitors in Turkish market are not involved in this initiative. Levis always had been described as a fashion innovator, as the company created the jeans market. The company continues to recognize the importance of the right products to its future success. One of Levi Strausss critical strategic goals is to innovate and lead from the core, and it continues to introduce product innovations. For instance, since 2001, the bring forwardd Innovation Team for the Dockers line has introduced several(prenominal)(prenominal) groundbreaking product innovations.For instance, in 2004 and 2005, the team developed three new and exclusive product innovations. The first was the Never-Iron Cotton that dramatically minimizes wrinkling. Another was the caloric Adapt Khaki pants that adjust to form temperature. And the third was Dockers Shirts with travail Guard, a special finish that wicks away moisture from the body and eliminates the air of perspiration marks. This is a strength that differentiates Levi? s from its competitors. In addition to this, the company recently decided to make a tradeoff and it stopped producing for women under Dockers brand.This is another wise strategic move on behalf of the company. And furthermore- in line with the above tradeoff- Levis was one of the first companies to tap into the mass customization trend by offering made-to- put in jeans. In 1999, the company announced that it would begin offering customized versions of its classic denims to fit every womans body type, but this move was not successful at that time. In 2011, the company re-la unched the same project under the name of Curve ID for women and now it be to be a great success to regenerate growth on women? s product line.This is another important advantage that makes the brand stronger than the other brands. Youth gameboard- as a method of consumer-driven brand innovation- is a soft consumer panel focused on the consumer typologies that the company believes exercise greatest mold on the dynamics of change within the casual apparel market. The panel has been built up in most fashion significant European cities and comprises between 50 and 100 of the most fashion-forward youth. It is convened twice a year to fit into the line development calendar. This tool is strength for Levi? as it provides the trump out indication the business has of how much momentum a particular trend has in it, and so serves to guide both general businesses forecasting as well as specific product life cycle management. Every second quarter the brand and design teams dedicate a day t o working with the insights coming out of the panel. It helps set the strategic agenda and also enables some very effective and immediate trouble-shooting. WEAKNESSES One of the companys most valuable assets is its Levis brand. However, that venerable Levis brand had bewildered much of its popularity.Although Levi Strauss has one of the best-known names in the world, its market power has declined. An annual ranking of global brands with the most impact showed Levis graded at number 32 in 2001, number 34 in 2002, and number 56 in 2003, and rebounding to number 44 in 2004. The products that pamper boomers in the 1960s defined as hip and anti-establishment were now comprehend as non-trendy and dull. In the brutally competitive apparel market, that type of get a line, peculiarly with younger consumers, has proven to be a disadvantage. As a way to span the consumer market, the company launched several new brands in USA and several other countries.But the same product strategy is no t applied in Turkey and the product range is not diversified to draw out all customer segments as far as price competition is considered. The company chose to stick with low-tech, in-store posters and other promotions rather than mass media coverage television set and print ads which the biggest competitors in Turkey extensively use. The company doesnt invest on brand look-alike and use localized advertisement. But the competitors are using constant brand communication theory strategy including celebrities, outdoor events. IFAS TABLE Internal FactorsWeightRatingWeighted ScoreCommentSRStrengths S1High brand awareness 0. 155. 00. 75 S2Member of Better Cotton Initiative0. 053. 00. 15 S3Advance innovation competence0. 154. 00. 60 S4Profit growth0. 103. 00. 30 S5Product category atomisation (Curve id-women Dockers- men)0. 104. 00. 40 Weaknesses W1Inflexible determine strategy 0. 155. 00. 75 W2Misuse of marketing communications budget0. 154. 00. 60 W3Brand image descent 0. 155. 00. 75 Total1. 004. 30 6. ANALYSIS of STRATEGIC FACTORS A. SITUATIONAL ANALYSIS SWOT- SFAS TABLE SRInternal FactorsWeightRatingWeighted ScoreComment S1High brand awareness (global reach and scale)0. 05. 00. 50 S3Advance innovation competence0. 105. 00. 50 S5Product category fragmentation (Curve id-women Dockers- men)0. 053. 00. 15 S6Financial strength0. 054. 00. 20 W1Inflexible set strategy 0. 054. 00. 20 W2Misuse of marketing communications budget0. 053. 00. 15 W3Brand image deterioration 0. 105. 00. 50 O1Turkeys young population 0. 055. 00. 25 O3Malls increasing number of shopping malls0. 104. 00. 40 O4Seasonal sale months extension, attractive promotions0. 054. 00. 20 O5Life style changes new products0. 053. 00. 15 T2Financial instability0. 055. 00. 25 T3Grey market0. 053. 00. 5 T4High operational costs (O)0. 104. 00. 40 T5Marketing investments of the local brands0. 054. 00. 20 T6Increasing number of new competitors0. 053. 00. 15 Total1. 03. 70 7. STRATEGIC ALTERNATIVES and RECOMME NDED STRATEGY 7. 1 Review of Mission and Objective 7. 2 Strategic Alternatives and Recommended Strategy TOWS MATRIX Internal FactorsStrengths S1. High brand awareness (global reach and scale) S2. Member of Better Cotton Initiative S3. Advance innovation competence S4. Profit growth S6. Financial strengthWeaknesses W1. Inflexible pricing strategy W2. Misuse of marketing communications budgetW3. Brand image deterioration External Factors Opportunities O2. E-commerce and social media new distribution channel O3. Malls increasing number of shopping malls O4. Seasonal sale months extension, attractive promotions O5. Life style changes new products1. Levis can continue to growth with new openings in different malls 2. Through high brand awareness, easy to take place in social media and cooperate with e-commerce websites as new distribution channels 3. Levis can vary its products for different preferences1. New online campaigns to improve the brand imageThreats T2. Grey market T5. Increas ing number of new competitors T6. Low cotton supply and high cotton prices1. Developing new production technologies in order to use the raw materials effectively 2. Support social responsibility initiatives worldwide 1. Assessment of local competitors in order to redesign the marketing campaigns Recommended Strategy Functional strategy, marketing strategy positioning should be made consort to the target audience. Through social media and online campaigns Levis can improve its brand image and can reach Turkeys young population.After several researches, it has been found out that the potential age group for both men and women is 14-25 in Turkish casual apparel market. However, it must also be taken into consideration that it is the 18-35 age group that consumes more and that women are the ones who increase the overall sales in general. The private shopping companies are growing very fast in Turkey. Levis can use e-commerce websites as new distribution channels to improve the brand pe netration among 24-35 years old, worker segment. Levis is using its global marketing communications campaigns in Turkey, as they are.The company does not try to assess its competitors strategies or to adapt the tone of the messages according to local needs and preferences. However the local competitors are really aggressive in communication. Levis has to redesign its communication campaigns and reallocate its marketing budget. 8. CONCLUSION BIBLIOGRAPHY 1)http//www. levistrauss. com/ 2)Companys 2012 plan 3)Companys distribution strategy 4)Inspiring the memorial tablet to act a business in denial, International Journal of Market Research Vol. 44 Quarter 2, 2002, the Market Research Society 5)Denim Pazar? nda Marka Konumland? rmalar? n? n Karsilastirilmasi,
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