Why is she important:
Tory Burch is important in the fashion industry because she is also a business woman and a philanthropist. People around the world needs someone to look up to, and Tory Burch is very passionate about her career, she served on the board of Council of Fashion Designers of America, the Breast Cancer Research Foundation, and Memorial Sloan-Kettering Cancer Center. She received several awards of her accomplishments in those societies, as well as “Accessory Brand Launch of the Year from Accessories Council of Excellence; and Rising Star award from Fashion Group International. Tory was named on of Forbes’s Most Powerful Women in the World” (Carrera, 2011). She was actually rated as the 73rd most powerful women.
Miuccia Prada’s
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She is currently 66 years of age. She is an Italian fashion designer who is known as the head of Prada fashion house. In 1980 she took the name “Prada” because she was adopted by her aunt. Her dad was Luigi Bianchi and her mom was Luisia Prada. Prada is also the youngest granddaughter of Mario Prada, who was the first to start the Prada fashion line. Prada received her Ph.D. in political science at the University of Milan. She joined the family business in 1970 after her grandfather died in 1950. But he did not want any female work in this family business, but Prada’s mother Luisia was the only person that was interested in taking over the business. In 1958, she took charge where the firm had found a new life under her control. When Miuccia joined the business in 1970, she managed one of the two stores that were left. 1978, she became the head of the company where by then it became just one store. She built a luxury firm of Prada into an empire of …show more content…
Her products made for both men and women She also has a separate kid’s collection. Her psychographic segmentation is that she is interested in the customer’s personal appearance, for example she wants her customers to look elegant and sophisticated, with an edge. She makes her products high class with the best materials. She makes mostly all her sales in Asia. Customers that buy her products are the ones that “receive high income, they like to buy fashionable, durable, and easy to wear items” (Lumley, 2014). The geographic segmentation is Worldwide, which also includes the Austin location which “open market with prime city and economic growth” (Lumley, 2014). Miuccia’s line gives a trusted label and a good quality product. The spending rate in Austin is 23% between the Generation Y and the Millennium. Matt Carmichael explain in his article called “Where the Millennials are” that, “They spend about fifty dollars per capita more on alcoholic beverages, four-hundred dollars more on personal services, and nearly one-hundred more on furniture” (Carmichael,
Francesca’s collections attracts many different demographics, but their target market include fashion conscious females between the ages of 18-35. They are mainly college educated and have a moderate to large disposable income. Their customer has a taste for classic items mixed with ethnic inspirations and seek exclusivity and disassociation from others. In a geographic perspective Francesca’s is widely available nationwide in a variety of formats such as free standing and shopping malls. They possess 283 locations in 41 states and continue to grow rapidly.
British born Anna Wintour, born on November 3rd 1948 is the current editor in chief of world renowned fashion magazine ‘Vogue’. Having started her career in fashion in the early 1970’s working at Harpers and Queen in London, Anna Wintour has decades of experience in the fashion industry and is seen as one of the most influential figures in the fashion world. Anna Wintour was born to a father who was editor of the ‘London Evening Standard’, it was quite clear that Anna adopted her stern and tough working attitude from her father who was known as ‘Chilly Charlie’ within the media world due to his cold demeanour quite like his daughter
Fashion has been a prominent aspect of a woman’s life throughout time. Women of different times and cultures have turned the routine of picking out clothes and putting together different ensembles into a sort of art, or a way to express and promote themselves. Many women also see fashion as part of their identity, or a way to manipulate the way people see them. What a woman wears can drastically change the way society views her - it can increase her chances of getting a job, or make her gain respect (or rejection) from her peers (Sika n.p.).
Eddie Bauer, Inc. focuses their attention on products for men and women. Those who are seeking Eddie Bauer products are interested in “versatile, classically styles, high-quality merchandise” (ENTERCITATIONINFORMATION). To determine the best geographic locations and demographic of the market segment Eddie Bauer, Inc. focuses their products toward, secondary marketing data is ideal. The company has already identified their primary market segment as men and women, narrowing those individuals down we have to identify those who are interested and able to afford the products which Eddie Bauer, Inc. produces. A combination of internal and external marketing data is going to identify these consumers.
Prada currently requires a significant amount of capital both to re-finance debt that is maturing in the next six to twelve months and to finance its intended growth into the Asian (especially Chinese) markets. Since financial markets are aware of Prada’s pressing need to raise capital, it is important for the board of directors to develop a credible strategy for raising the necessary capital of at least €1 billion. Although the press has been suggesting that Prada will do an initial public offering, the company has tried this several times in the
Fashion is everything to society and the media. The fashion industry has transformed into a necessity in the life of people. Everyone wants to look good, feel fabulous and feel as if we belong with everyone else. The envy and desire to wear certain things and look a certain way all come, from wearing the latest fashion handbags, accessories, dresses, shoes, and the list goes on. But, when is considering fashion into an individual’s life going too far to the extreme? Many do not consider the whereabouts of fashion materials and how the environment is affected by the mere existence of certain garments. Some may believe these objects grow on trees. But that is clearly not the case. Even though it would be nice. The fashion industry as a
Kate Spade is not just a well-known brand it is also a person. Kate Spade was born on December 24th. After she earned a degree in journalism she started to work for Mademoiselle magazine, which is located in New York. At the end of 5 years she was senior fashion editor and also head of accessories. She left in 1991 to put all of her creative energy into designing her own line (“Kate Spade Biography”, par. 1). Kate Spade has a very interesting personal life. Her company has come a long way from the beginning. Kate Spade’s professional life started as an assistant but now she is her own boss. Although Kate Spade started at the bottom, hard work and ambition lead to her success as one of the most well known fashion designers in the world. Now that most people around the world know, and love her, she is a very famous fashion designer.
This report have help us realized that in today’s world, Fashion has been a very huge influence on us. In the fashion industry, Bardot is still like a new baby compared to other competitors. It has some good advantages but overall, Bardot has a lot to improve on at the same
The fashion industry is rapidly growing and constantly generating new fashion trends almost weekly. Fashion for some may seem ridiculous and unnecessary; but fashion is not just a meaningless usage of article of clothing or farcical materials sew together for coverage. There is more to fashion than meets the eyes, fashion is precious and significant. It is a reflection of self-image, it speak the ream about who we are and how we review ourselves. Not only is fashion the reflection of self-image but also the reflection of our history as Coco Channel have said, “Fashion is not something that exist in dresses only. Fashion is in the sky, in the street, fashion has to do with ideas, the way we live, what is happening.” Fashion
When Quiksilver announced the start of its women line Roxy in 1990, they defined the brand as a “fun, bold, athletic, daring and classy” brand for young women. Market segmentation is a crucial marketing strategy and Roxy utilizes the four bases that are commonly used for segmenting consumer markets including geographic, demographic, psychographic, and benefits sought segmentation. The geographic segmentation is ideally unlimited for the Roxy target market because the brand offers clothes for both warm and cold weather, however, it focuses mainly on the “beach lifestyle” and is generally more popular in beach towns. The demographic segmentation of the Roxy brand, is aimed to attract young women between the
Coco Chanel, born Gabrielle Bonhuer Chanel, on August 19, 1883 in Saumur, France was an amazing woman who redefined fashion as we know it today. She was a clothing designer who revolutionized the fashion industry with her suits, little black dresses, and avant garde flare. Because of this quickly in her young life she became well know, and rose to be the fashion icon that she is today. From the timeless designs that are still popular to this day, and the sophisticated outfits that can be paired with great accessories Chanel has done it all. When it comes down to it though it was Coco Chanel’s philosophy that “luxury must be comfortable, otherwise it’s not luxury” that lead to her success. (“Coco Chanel”)
This essay will be considering the historical development of haute couture by analysing Charles Frederick Worth’s (father of haute couture) key factors in the success of haute Couture. I will then discuss Coco Chanel’s thriving impact on haute couture as well as ready-to-wear caused by the second world war. Saint Laurent’s drift to ready-to-wear and the high street fashion system will also be discussed in order to answer if haute couture is relevant in fashion today. The books I will be analysing and referencing are ‘A Cultural History of Fashion in the 20th Century’ by Bonnie English, ‘Couture’ by Ruth Lynam, ‘How Fashion Works’ by Gavin Waddell. Which will thoroughly breakdown the evolution and historical development of fashion by cultural, economic, environmental and social changes to finally come into a conclusion.
Although celebrity culture is typically associated with actors and actress, consumers may also rely on the trustfulness and credibility of politicians and first wives when deciding fashion trends. In the 1960s, fashion icon Jackie Kennedy took over the fashion industry (Joel 1). She appealed to many stay-at-home women because she was commonly known to have a “sophisticated simplicity” (Joel 1) approach to fashion. Her successor, First Lady Michelle Obama has instantly become a fashion icon herself as well. She is commonly seen wearing American designers therefore pushing “the American fashion industry into the international spotlight” (Givhan 1). People are often so draw to her style because it gives a glance into her personal life. As Givhan states, “Obama’s clothes have connected with the public in contemporary terms, in the language of Hollywood’s glamour, Seventh Avenue’s bold entrepreneurship and the democracy of the mass market” (Givhan 1). In March 2009, Michelle Obama appeared on the cover of US Vogue which showcased her “dress, style, and poise” (Gibson 40). Brett Schenck, president of Hart Schaffner Marx states, “It’s usually the frenzy behind the first lady” (Jones), but in the some instances, President Obama has also made an impact on the fashion industry. In the summer of 2009, designer Donatella Versace created a runway show that was designed and dedicated to him. The clothes she created where inspired by President Obama because it showcased “a relaxed man
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).
Goal of the project- Study of the brand- Gucci, its products, marketing strategies, the marketing mix and a critical evaluation of the study.