Luxury brands‚ like LVMH‚ are usually less affected by e.g. the recession‚ as the mass are less sensitive to price changes. Competitors: Gucci Group & Richemont * Star brands: LVMH (68)‚ Richemont (20)‚ Gucci Group (16) * Global distribution: LVMH‚ Richemont‚ Gucci Group * Diversification of products: LVMH (5 categories)‚ Richemont (3 categories)‚ Gucci Group (5 categories). Low 3) SWOT ANALYSIS * Strengths: large portfolio in different categories‚ distributed globally‚ leader
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Over years‚ India’s tryst with luxury brands has changed gears. With high disposable incomes and a penchant for all things luxury amongst affluent Indians on the rise‚ the country is emerging as the next stopover for global luxury brands such as Gucci‚ Christian Dior and Versace. However‚ we must realize that Luxury marketing is a whole new ball-game altogether‚ both from the perspective of the marketer as well as the luxury consumer. It therefore becomes important to view it both in relation
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International Marketing Assignment 1.0 Introduction Gucci was founded in Florence‚ Italy since the year 1921 (90 years ago) and is one of the world’s leading luxury fashion brands. Its Target Markets include women‚ men and children 0 to 8 years of age and their products are positioned to be high quality goods which are sold at premium prices based on the type of good that is being sold to the Target Market. The Gucci Brand operates in the following areas – Africa and the Middle East
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having a vision‚ working hard and taking risks. He dug Gucci up from the ground and created history in doing so. He was born with an innate ability to create and perfect‚ and through his passion he created hedonistic luxury and painfully romantic glamous. He redefined and brought the Gucci Group to success. He had an overwhelming impact on the fashion industry‚ he is a revolutionist. He is genius. Table of Contents TOM FORD 1 GUCCI RAISED FROM THE DEAD 2 INSPIRATION 4 SUCCESS 4 BIBLIOGRAPHY
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The brand has been repositioned to a niche market between cutting-edge fashion apparel‚ like Armani‚ and classic fashion apparel‚ like Polo Ralph Lauren. Burberry has also excelled in the accessories market‚ positioning itself between the Coach and Gucci brands. Burberry does not want to be cutting-edge fashion and at the same time‚ does not want to be viewed as just classic‚ as this market is already saturated with other brands. Burberry represents “accessible luxury”‚ meaning they were fashionable
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GOVERNANCE STRUCTURE The Board of Directors is the strategy body of LVMH Moët Hennessy - Louis Vuitton SA. The competence‚ integrity and responsibility of its members‚ clear and fair decisions reached collectively‚ and effective and secure controls are the ethical principles that govern the Board. The key priorities pursued by LVMH’s Board of Directors are enterprise value creation and the defense of the Company’s interests. LVMH’s Board of Directors acts as guarantor of the rights of each
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Robert Polet‚ Gucci Group Wednesday 25th November 2009 CEO of Gucci Group has demonstrated a unique ability to bring out the best in his people and his brands Born: July 25‚ 1955 Kuala Lumpur‚ Malaysia Education: Nyenrode Business Universiteit‚ MBA 1976 University of Oregon Career: 1978-2004 Various positions at Unilever‚ became CEO and President 2004 CEO of Gucci Group Trivia: Guinness World Records cites the Gucci “Genius Jeans” as the most expensive jeans in the world‚ priced at $3‚134
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take Waterford Wedgwood forward.” The challenge facing its management was how best to reshape a loss-making group that owned a range of branded glassware and chinaware into a profitable concern. Other luxury goods conglomerates such as Richemont‚ PPR/Gucci and LVMH were doing well but could a quite different brand portfolio be made similarly profitable? The Company The company of Waterford was first established in 1783 in the Irish harbour town of Waterford. Its founders were two brothers‚ William
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OBJECTIVE: The objective of this study is to verify the positioning of the new luxury brands in relation to traditional luxury brands and middle range brands‚ and to draw implications for both academics and practitioners. In other words‚ to show that in terms of perceived prestige new luxury brands are substantially closer to traditional prestige brands than middle-range brands. In terms of price‚ however‚ they are substantially closer to middle-range brands
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BURBERRY COMPANY BACKGROUND 1856‚ Burberry was founded‚ when 21-years old Thomas Burberry opened a draper’s shop in Basingstoke‚ England. Shortly thereafter he invented gabardine‚ a waterproof and breathable fabric that quickly become the fabric of choice for anyone venturing out into extreme conditions. Burberry’s trench coat was chosen to be the official coat of the British army in World War I. 1920‚ The Burberry check pattern-a camel‚ black‚ red‚ and white plaid design-was introduced
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