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Lovehoney Group

Company Profile Analysis

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Lovehoney Group - Healthcare showcase

Year Founded & Workforce

2002

300 Employees

Industry

Healthcare

Services

Sexual Wellness
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Lovehoney Group Overview

Company Headquarters: Bath, Somerset

Founded: 2002

Workforce: ~300

Company Working: Lovehoney Group (Lovehoney) is a leading manufacturer in sexual wellness industry in UK. The company has 9 offices across the globe which engages in engineering, industrial design, sales, and marketing. The company also sells products to B2B retail partners and consumer websites. Moreover, the company has 9 retail websites with 4 languages which serve the customer. Additionally, the company has fulfilment centers in Atlanta, GA, USA and Brisbane, Australia.

Strategy

Lovehoney Group focuses on developing products through research and innovation. The company continuously evaluates strategic opportunities to acquire companies, divisions, technologies, products, and rights through licenses, distribution agreements, investments, and acquisitions to grow its business. The company aims to lead the growing vibrator sector by developing high-quality product.

Company Snapshot

300

Employees

2002

Founded

Bath, Somerset

Headquarters

SWOT Analysis

Strengths

  • Skilled workforce
  • Well established manufacturing and distribution network
  • Large customer base
  • Wide range of products

Weaknesses

  • High attrition rate

Opportunities

  • Customers from online channel
  • Scope for strategic mergers & acquisitions and product launches

Threats

  • Nation specific laws
  • Raw material price fluctuation
  • Fluctuating foreign exchange rate

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Product Offering

  • Lovehoney Group
    • Sexual Wellness

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