Fashho Shanghai Tang: The First Global Chinese Luxury Brand Table of Content Pg3: What is a luxury brand? How is it different from a regular‚ mass-market brand? How does one build a luxury brand? Pg4 & 5: How would you characterize Shanghai Tang’s brand image and sources of brand equity? Pg5 & 6: What are the strengths and weaknesses of the brand’s existing Personality and image? Pg7: What might have accounted for Shanghai Tang’s unsatisfactory
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Shanghai Tang: The First Global Chinese Luxury Brand 1. What is a luxury brand and how is it different than a mass market brand? How does one build a luxury brand? 2. What might have accounted for Shanghai Tang’s unsatisfactory early results in building a global luxury brand? What could they or should they have done differently? 3. What strategies did they use to promote the brand? What worked and what didn’t work? How did they expand the brand? Was it a good strategy? 4. How
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SHANGHAI TANG: THE FIRST GLOBAL CHINESE LUXURY BRAND? When he created Shanghai Tang in 1994‚ Hong Kong businessman David Tang intended to launch Chinaís first bona-fide luxury brand. The idea was ìto create the first global Chinese lifestyle brand by revitalising Chinese designsóinterweaving traditional Chinese culture with the dynamism of the 21st centuryî.1 In the first few years‚ Tangís flamboyant‚ cross-cultural style and ties to international celebrities fuelled the buzz surrounding the label
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DEVELOP ITS OWN LUXURY BRANDS? A CASE STUDY OF CLOTHING BRANDS Changting Zhou1‚ Xiaosong Zheng2 Sydney Institute of Language and Commerce‚ Shanghai University‚ 201800 Shanghai‚ China Email: 1MilkT@shu.edu.cn; 2xiaosong.zheng@shu.edu.cn Abstract. Based on the prediction of Altagamma Worldwide Marker Monitor‚ Chinese luxury consumption will reach EUR18.5 billion in 2015‚ representing 20% of the global market and becoming the largest luxury market in the world. Since 2006‚ consumption of luxury goods‚ which
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Strategic Management Shanghai Tang Case Study MGT 302 - Strategic Management Shanghai Tang Case Study 2013 TRAN Ngoc Phung (Fiona)-00026680T Lecture name: Mo Kader 5/12/2013 2013 TRAN Ngoc Phung (Fiona)-00026680T Lecture name: Mo Kader 5/12/2013 Shanghai Tang Case Study Shanghai Tang offers a unique women and men ’s fashion. Discover a new elegance‚ from clothing to accessories and home decoration. It was founded in 1994 by Hong Kong businessman David Tang. The brand’s global expansion and
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COMPANY CASE: SHANGHAI TANG: China’s First Great Luxury Brand One rainy October night in 2002 in a 1‚300 year-old Confucian temple in Shanghai‚ journalists from three continents‚ local bigwigs‚ style-conscious Chinese yuppies (chuppies)‚ and three Chinese soccer stars gathered to watch a fashion show. Raphael le Masne de Chermont‚ CEO of the Chinese lifestyle brand Shanghai Tang‚ is unconcerned about the weather and its possibly detrimental effects on 46 expensive garments which were about to
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Shanghai Tang is a famous Chinese fashion label now popular all over the world. Fifteen years back in the year 1994 this clothing brand was launched. The founder was David tang‚ a businessman of Hong Kong. David opened up this new brand to give a new statement to the Chinese fashion and in fact the Chinese fashion got a vast change with the launch of Shanghai Tang. Previously old traditional Hanfu had lots of influence on the dresses of Shanghai Tang. However‚ now it becomes more global. Though started
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Global Luxury Brands’ Strategies to Fight Recession Global luxury brands’ strategies to Fight recession Choi Soon-hwa Luxury brands are actively responding to the latest economic downturn‚ said to be the worst since the Great Depression‚ racking their brains to escape the grips of the falling luxury goods market. Indeed‚ the hit to sales has been particularly bad as industrialized nations‚ traditionally the main luxury good markets‚ have suffered greatly. With luxury goods consumers having
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Case Study Shanghai Tang: The first Global Chinese Luxury Brand? 1) What is a luxury brand? A luxury brand is a brand that consumer associates it with luxury. Most of its products are luxury goods. It includes brands whose names are associated with luxury‚ high price‚ or high quality goods. A luxury brand is associated with sophistication (1 out of 5 brand related dimensions). Brands that are considered upper class and charming‚ high in sophistication dimension scale: E.g Cartier
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Creativity at Shanghai Tang Background Shanghai Tang was founded by David Tang in Hong Kong in 1994. It was a retail store selling high quality product made in China‚ such as traditional Chinese costumes‚ Chairman Mao wrist watch‚ qipao‚ traditional Chinese silk products with Chinese design. Its target customers at the first place were those high ended tourists. Taking around 1 year‚ instead of 2 year which is typical period a new retailers need to make business in break even‚ Shanghai Tang turned
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