Marketing 440 Summer 2012 Tom 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
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Crossan‚ Mary (2013): “Louis Vuitton” (Version: 2013-02-04). Ivey Publishing. Martin‚ Richard(1995) Contemporary fashion London; St. James press p.750. ISBN 1-55862-173-3 Nagasawa‚ Shin’ya (2002): “An Unpainted Face of the Empire of Luxury Brands: LVMH Moet Hennessy Nagasawa‚ Shin ’ya‚ with Ohizumi Kenji and Maeda Kazuaki (2007): “The principles of Louis Vuitton: The Strongest Brand Strategy”. Toyo Keizai Shinposha. PWC (2012): „Market Vision Luxury”. http://www.pwc.com/it/it/publications/assets/docs/marketvision-luxury-2012
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The key question in this case is can LVMH continue to successfully manages of its different brands while making sure they are all profitable. I like the focus that the company puts on its “star brands”. Focusing on the brands that continue to grow and bring in profits will help the company stay profitable. While focusing on the star brands is a good strategy it is far from all that LVMH needs to do to be a successful conglomerate. It appears that in the fashion world human resources are the most
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SEPHORA A Brand Case Study Nikki Kerber PBDS 705 • November 21‚ 2011 Nikki Kerber • PBDS 705 • The Design/Business Link 1 History of SEPHORA: The Foundations of Modern Design Founded in late 1969 as Shop 8‚ Dominique Mondonnaud opened a speciality perfumery retail store in Franceʼs Haute Vienne region that was revolutionary for its time due to the way the store was operated and designed (”Sephora holdings s.a‚” 2011‚ p. 1). While department stores heavily relied on the tried
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ASEAN Hard Luxury Goods Market Share‚ Global Trends‚ Analysis‚ Research‚ Report‚ Opportunities‚ Segmentation and Forecast‚ 2014 Future Market Insights www.futuremarketinsights.com sales@futuremarketinsights.com Report Description Report Description Luxury goods comprises of products such as accessories‚ footwear‚ apparel‚ watches and others which are quite expensive and target those consumers who belongs to premium class. The market for luxury goods consist of three types of end consumers‚ which
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MariaJose Rodriguez Case 11-2: LVMH Pages 358-359 11-16. LVMH Moet Hennessy is the worlds’ largest marketer of luxury products and brands. It has assembled a diverse empire of more than 60 brands sales of which totaled $28 billion in 2010. If there is one communication space that luxury goods brands have not yet aggressively pursued‚ it is television advertising. Because of this‚ there are possible risks of Louis Vuitton’s first-ever television advertising campaign. First TV marketing can be seen
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• Cognizant 20-20 Insights Luxury Retail’s Evolving Landscape Executive Summary The luxury goods market may appear to many as a recession-resistant industry that generates over $1 trillion in revenue‚ but a closer look at the figures suggests otherwise. Luxury retailers‚ which were growing 9% annually a year before the recession‚ saw sales drop on average by more than 13 percentage points from 2007 to 2009. Meanwhile‚ luxury manufacturers saw their revenues decline by an average of 21 percentage
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a leader for over a period of fifty years according to vogue magazine it has grown to be the world’s leading luxury goods holding company. It is a French company founded by a fashion designer named Christian Dior in the year 1946 it also has a 42% LVMH Moet
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was designed for customer to assist themselves with multiple brand products as Mandonnaud rebranded his combined set of stores. Mandonnaud expanded the chain throughout France and acquired 8% of total French retail perfume market and was purchased by LVMH‚ luxury product group‚ for $262 million in 1997. Sephora expanded their market with cosmetic products under LNMH’s ownership and opened its first U.S store in New York City in 1998. But as they faced difficulty supplying products from major prestige
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1. Executive Summary In this article you will get to know about 3 top competitive luxury brands‚ Louis Vuitton‚ Chanel and Gucci. Louis Vuitton positioned itself in the luxurious goods industry‚ and has successfully embedded consumer’s mind with a sense of prestige and elegance in their branding. Gucci claimed a unique positioning in innovation and craftsmanship‚ trendsetting and sophistication. Chanel brand positioning has been perceived as elegant‚ exclusivity‚ and timeless as known
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