Who would of ever figured that Victoria secrets competition
was bath and body works. Victoria secrets sales on sportswear has risen higher
than expected by the company and are expecting similar results for that upcoming
months. They have a great product idea of the “bralettes”—bras without
underwire and padding—will drive growth. The target market for the PINK
collection focuses on the younger and mid-age women. The Pink collection has
great recognition for is brand but the main product that was for its focus “lingerie”
is not bringing in the sales as expected but they are not worried since the VS
collection brings in the sales for that. I feel that the Victoria Secrets
market growth is trending (its Hot in the market) its product cost is average
and not as over price compared to other high end lingerie brands. Since
Victoria Secret does sell lotions and body sprays, they are in completion with
Bath & Body works but because Bath & Body works main focus is Fragrances
and candles their sales have rose in a more significant way than that of
Victoria Secrets. This are all wonderful products that will have a long life
cycle (you will)go see it yourself.
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