Tory Burch

Her success was linked to a belligerent digital strategy. The company first launched its ecommerce right after the opening her first store in downtown Manhattan. Her website, toryburch.com, creates more revenue than other stores physically. She is one of the few designers that retain an ongoing dialogue with her fans on Twitter and her friends. Although during the early years she did not have a great budget, she realized that she needed to get into her and her team’s creativity. As the writer, Lauren Indvik, explains in her article, How Digital Marketing Fueled Fashion Label Tory Burch’s Global Expansion, she says, “It was very much about editorial relationships and personal appearances, which enabled her to connect directly to the customer” (Indvik,

In 2004, Tory Burch launched her fashion line. After she launched her line her goal was to target specifically the baby boomers. Which did not turn out so great, reason being the middle class women felt like they were not being catered with what they wanted. According to Tory Burch’s fashion blog, “the fashion industry lacked a reflection of the variety of attitudes, tastes, life-styles, and body types of this specific target market” (Chung, 2013). Burch then stepped in and started to make millions by catering to the consumers on what they wanted exactly. Her products are age appropriate, affordable, and had a luxurious style.

While reading through Eileen Fisher, Repositioning the Brand, it became apparent early on that the company’s main issue was relevancy—an issue that many companies face in today’s market. Keeping the company current in order to attract new customers while not abandoning already loyal customers in the process is a huge challenge that EILEEN FISHER struggled with. For purposes of differentiating between the company and the person, “EILEEN FISHER” shall refer to the company for the duration of this analysis summary.

Reaching public and targeting customers is something that is acquired through marketing. Clothing and latest trends would never ever be in customers approach without the aid of fashion marketers. This is where fashion marketers are required. Their job is to transport the fashion and latest trends to the target customers. It chains the essentials of advertising, design and business administration, as well as an appreciative of the fashion world, in order to take the consideration it desires to be effective ( Bohdanowicz & Clamp, 1994). These are the people who have a keen and deep sense of upcoming traditions and they rule the market. They are the trend setters. They have know-how of current as well as future fashion trends. They are the futurists of the arena who not only identify what will be efficacious and which customer crowd will be the greatest concerned, but know how to market the clothes to these target customers. Most of the experts of this field work behind the scenes.

The mind-set of the company is to put sales and profit second to creating a special style that can change the world through fashion.

As two separate companies, they have established a different approach towards the market, however with the right research and evaluation, Rousteing and The Bay have beautifully managed to make both sides collide with success. They have managed to design ready-to-wear for different target groups, for example, women’s outerwear shoes, men’s business attire, jewellery, as well as the latest Balmain Army collection inspired by Rousteing himself. They have made the price range of the products in the listed categories reasonable and affordable for premium quality clothing, accessories and footwear for both genders that are quality and price conscious. Also, in Toronto and Vancouver, The Bay has launched a showroom called “The Room” that features some of Balmain’s hottest but not-so-retail-friendly designer clothing from Rousteing’s runway collection. With the stratospheric prices, these items are obviously in display for the more sophisticated young female adults that completely disregard the price tag when they see something they genuinely adore. However, this was also an intelligent way for Rousteing and The Bay to promote their collection by giving the people of middle-class families to feel and take a closer glimpse of some high-quality handiwork. This makes the women of the demographic target market want to know what else Balmain has in store at The Bay, that is of similar quality, but with a more affordable

This report aims to underling the key areas the Australian Fashion Industry need address, in order to show that it has a future in an ever competitive global economy.

Behind this operation is a woman known as Tory Burch. After noticing a void in the market for affordable sophisticated American style, Burch decided to take a leap of faith and create a fashion label that would reflect that lifestyle of preppy-boho luxury at an attainable price.

3.1 Market Recovery and Growth! 3.2 Importance of Tourists Spending! 3.3 Engagement in Social Medias!

There Is a similar relation among the clothes. Several customers shop there based on the quality and prices as well as the features associated with the products. An advantage of the store is that it has a wide product mix and various offering in different categories and all these can be located at one place. This attracts a wide variety of customers. In line with their positioning of offering quality, trendy products, the brand is consistently updating its product line. The brand does not focus on innovation but rather on always leading trends. In relation to the product life cycle, clothing has a short life span from the first to last stage as tastes change easily. For this reason, it is important to constantly anticipate consumer tastes and preferences prior to launching a product so as to retain and possibly build customers loyalty. It is also necessary to develop a successful marketing strategy to display product offerings.

2. Richard M. Johns (2006). The Apparel Industry. 2nd ed. UK, London: Blackwell Publishing Ltd.. 1-124.

When a brand is created, many will ask the questions that haunt all of us trying to start a company. Will it work? Should we stay online or launch a brick-and-mortar store? Will I make profit or fail? These questions arise even more when the company is to start only online. Because of this, e-commerce fashion brands must constantly evolve and expand their styles to maintain the interest of their target customers. Fashion Nova is one fashion brand that manages to stay relevant among its consumers because of their edgy style and quality priced clothing. Fashion Nova was first established in 2010. It gained its popularity from celebrities promoting it on their social media platforms and the fact

In the fashion industry, fashion brands are highly associated with branding, because of the intensive competitive fashion markets. Moreover, fashion brands are self-expressing to some extent (Carroll, 2008). Building creative brand image is important for the fashion brands. In addition, Carroll (2008) said that social responsibility and potential risks are the two aspects related to the fashion brands. Just as

Burberry is uniquely positioned as a classic British apparel brand with high global brand awareness to capture the globalization of consumer demand. Its distinctive luxury brand with international recognition and broad appeal. The company’s outlook for the accessible luxury goods industry remains positive from both a geographic and product point of view. Burberry had become positively hip and popular among a younger demographic. It has a unique history and positioning as the authentic British lifestyle brand and highly successful merchandising and marketing strategy across both appeal and accessories. In 2000 Burberry’s total sales were 225.7 million and by 2003 sales had went up to 593.6 million.

Gucci is a multinational fashion brand based in Italy. The brand specialises in leather goods, clothes, and fashion accessories for both and women aged between 24 and 30 years. Gucci was founded in 1921 in Florence, Italy by Guccio Gucci (Gucci Official Site United States, 2016). The main purpose of this paper is to provide an in depth brand analysis of Gucci. The paper will investigate and evaluate Gucci’s vales and identity, and will discuss how successfully these are reflected by Gucci’s business model, supply chain management, and Corporate Social Responsibility (CSR) activities. In addition to that, the paper will critically evaluate Gucci’s brand identity (identity) in relation to its brand image (external).