Porter’s 5 Forces Analysis of Clothing Industry
Porter’s 5 Forces framework is essential for analyzing industry competitiveness, focusing on competitive rivalry, buyer and supplier power, the threat of substitution, and new entrants. This analysis applies to the clothing and fashion industry, highlighting the dominance of brand-driven competition, significant buyer influence on pricing, minimal supplier power, negligible substitution threats, and limited impact from new entrants. Businesses must strategize to navigate these forces effectively for sustained performance.
References
Grant, RM. (2016). Contemporary Strategy Analysis 9th Edition, Wiley.
Guan, Z., Xu, Y., Jiang, H., & Jiang, G. (2018). International competitiveness of Chinese textile and clothing industry–a diamond model approach. Journal of Chinese Economic and Foreign Trade Studies. Web.
Reference
StudyCorgi. (2025, January 6). Porter’s 5 Forces Analysis of Clothing Industry. https://studycorgi.video/porters-5-forces-analysis-of-clothing-industry/