As the Outfitters is doing great in big cities
like Karachi, Lahore and Islamabad. There is more potential in Cities like
Peshawar and Faisalabad due to:
-Increasing trend of wearing western clothes in genZ and millennials. In short, increasing demand for modern and trendy clothes.
-Economic growth in Pakistan, coupled with urbanization, has led to increasing disposable incomes, particularly among the younger population, who are often attracted to fashion brands like Outfitters.
-Both Peshawar and Faisalabad are major cities with a substantial and expanding population.
TARGETED CITIES: Peshawar& Faisalabad
City |
Population |
Strengths |
Risks |
Strategic Fit |
Peshawar |
~2.3M |
- Young market |
- Lower purchasing power |
Long-term market share & brand positioning |
Faisalabad |
~4M |
- High disposable income |
- More retail competition |
Short-term revenue acceleration |
Comments
Post a Comment