Situation analysis 1. Coach present market position; Strengths: * Ability to match key luxury rivers in quality and style but beating them in price by more than 50% * Can serve both middle and high income customers (while the low price and good designs are appealing to the low income customers‚ the high quality is also a pooling factor to the high income customers.) * Best selling Brand in the industry by 2006 with about 25% market share in the USA and second best selling in Japan
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MGT 302 - 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
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research skills Proposal assignment STUDENT NAME: YUNHAN FAN STUDENT NUMBER: 25568264 COURSE NAME: FTM DEGREE LEVEL: MA COURSE CODE: ARTD 6086 Research Skills COURSE CONVENOR: HollyGale DATE OF SUBMISSION: 10 January 2013 TABLE OF CONTENTS ABSTRACT……………………………………………………………………..1 INTRODUCTION……………………………………………………………….2 LITERATURE REVIEW………………………………………………..………6 METHODOLOGY AND FEASIBILITY……………………………………….11 METHODOLOGY……………………………………………………………...11 METHOD…………………………………………
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Compare Burberry’s market position relative to that of its competitors including Polo‚ Coach‚ Armani and Gucci. Is Burberry’s competitive position sustainable over long term? Why or why not? Burberry has positioned its brand in the minds of consumers to be “functional luxury.” Burberry maintains a product line with great width and depth consisting of many products. Their products fall into one of two main categories: fashion or continuity. Fashion products are designed to be responsive to fashion
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Nicole Dixon 08/25/09 Consumer Behavior Mon 1-5pm Book Report Deluxe: How Luxury Lost its Luster Deluxe: How luxury lost its luster‚ by Dana Thomas‚ brings a hard hitting‚ raw look at the world of luxury and the mass demand of luxury that has occurred. The book was published by the Penguin Group in 2007. Luxury is defined by Thomas as truly special‚ and was only available to the aristocratic world of wealth and old money in western culture. Luxury signified an experience and lifestyle
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LuGUCCI‚ LOUIS VUITTON‚ & VERTU – MARKETING LESSONS FROM SOME OF THE WORLD’S MOST EXCLUSIVE BRANDS Creating luxury brands is a difficult marketing exercise. It requires heavy investment in marketing communications‚ excellent product/service quality‚ but above all these brands have to try to remain fashionable‚ which is notoriously difficult. Gucci‚ Louis Vuitton and Vertu are three successful so-called luxury brands‚ that retail to the high-end market. Both Gucci and Louis Vuitton are well-established
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COACH INC. External Analyis INDEX Introduction_________________________________________________1 Strategic Profile_____________________________________________1 External Environmental Analysis_________________________2 Dominant Economic Traits________________________________3 Customer Analysis__________________________________________3 Differentiation_______________________________________________3 Product Innovation_________________________________________ 3 Competitor
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Hidesign Hidesign is a leather goods manufacturer based in Pondicherry‚ India. The company markets its products as affordable luxury goods. It operates stores in several countries around the world as well as in India. | Type | Private | Industry | Retail | Founded | 1978 | Headquarters | Pondicherry‚ India | Key people | Dilip Kapur‚ President | Employees | 3000 | Website | http://www.hidesign.com | Timeline * 1978: Hidesign begins with a two-person workshop‚ marketing through
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Assignment Questions Case #6 COACH Inc. 1. What are the defining characteristics of the luxury goods industry in 2012? What is the industry all about today? Today there are key defining characteristics of luxury goods industry such as pricing‚ quality‚ style‚ and brand reputation. The pricing of goods is based on economics‚ demand increases as income increases. Pricing is also determined by exclusivity‚ quantity availability‚ quality and location of the product. The quality of a product
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Louis Vuitton : New product introductions vs. product availability Introduction Louis Vuitton is a part of the Louis Vuitton Moet Hennessy Group. Being the core business‚ Louis Vuitton is the most famous brand not only in the group‚ but also in the fashion industry. It is well-known for its quality and design. Most of the Louis Vuitton consumers are wealthy people‚ who expect premium products regardless to the price. Considering this fact‚ Louis Vuitton may implement a strategy‚
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