Executive Summary This paper examines the brand management of Gucci‚ as one of today’s most prominent luxury brands. Based on literature it first looks at definitions of luxury and luxury brand equity as an expression of dream value. Then it explores the identity‚ brand building‚ brand architecture‚ brand stretching and strategies Gucci follows in each of its segments. In the light of the latest recession‚ it looks at the response strategies of the brand and sheds light on the communication challenges
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GUCCI’S COMPETITORS Some Gucci’s main competitors within the luxury industry include top brands in Italy and in the world‚ such as: Versace‚ Chanel‚ Prada‚ Louis Vuitton‚ Dior and Armani. Concerning the Italian market‚ I found interesting to analyze Versace Prada and Bottega Veneta as main competitors of Gucci and analyze the points in common and the differences. First‚ all these brands belong to an Italian heritage‚ even if Gucci and Prada were founded much earlier than Bottega Veneta (1967) and
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Financial situation of Gucci Gucci is the main company of the Gucci group. This is clear if we analyze the participation of Gucci in the overall financial results: 67% more or less. Taking in consideration the operative results the participation is even higher because we are around 90% with a value of 618 million of euro over 692 millions in total. These results are obviously affected by the recent crisis started in October 2009 that has affected the economy as a whole. One of the main aspects is
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Gucci Group N.V. (A) Case Study Prepared by: Garcia‚ Alexie Dharren Lim‚ Irish Barbara Menor‚ Leanne Fiel Pagaduan‚ Jan Edward Romblon‚ Allan Genesis BSAT-4D MWF 8:00-9:00pm C306 Prepared for: Mr. Renante T. Timajo‚ MBA December 5‚ 2014 A. Point of View In this case study‚ we are using the point of view of a CEO in Gucci Group N.V. (A). We chose this standpoint because we are viewing deeply into the strategies of the company. We examined the company according to the past events‚ decisions
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especially things like keeping in touch with govt Resource based view of the firm (RBV) -resource not necessarily controlled by company -sometimes firms might contract out resources -combines 2 perspectives -1) internal analysis of phenomena within a company -2) external analysis of industry and its competitive environment -useful for individual businesses and diversified firm because it reveals how core aspects of a firm can help exploit new product and market opportunities -3 key types
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report is to examine the external environment in Malaysia that affected Gucci‚ one of the Italian high fashion luxury brand. PEST analysis‚ competitive analysis and SWOT have been used by investigators to achieve the target. Gucci- Company Overview Gucci is among the sophisticated international fashion company which produces high quality of clothing‚ fragrances‚ accessories‚ handbags and shoes. Guccio Gucci founded Gucci in Florence in 1921. It has now become one of the biggest Italian brand
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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 brands that have been around for decades‚ even centuries. However Vertu‚ is a relatively new kid on the block‚ having only entered the luxury communications
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The battle for the takeover of Gucci by LVMH‚ and efforts by Gucci management to defend against the intended takeover at all costs‚ is a classic example in the fashion goods industry. The case can be seen as mainly a battle between the two majority stakeholders in Gucci‚ namely the management of Gucci itself versus the other majority stakeholder LVMH. It can also be seen as the battle between two personalities‚ De Sole of Gucci and Bernard Arnault of LVMH‚ each determined to get their own way‚ regardless
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703-S10 REV. 10 DE MAYO‚ 2001 Este documento es una copia autorizada para uso particular de D./Dña. Sebastián Arana Araya‚ 06/05/2009 DAVID B. YOFFIE Gucci Group N.V. (A) «Históricamente‚ la moda era vista como el cine. Nosotros la convertimos en negocio.» - Domenico De Sole‚ consejero delegado de Gucci Group Domenico De Sole tomó asiento junto a la mesa de acero destinada para reuniones de su despacho londinense‚ situado a tan sólo unos pasos de Bond Street‚ calle donde se congregan los
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Marketing Segmentation Collage 1. Introduction Gucci is a brand from Italy. It was established in the year of 1921 by Guccio Gucci. Gucci brand sells several kinds of products which are apparel of women’s wear and man’s wear‚ shoes‚ accessories such as rings‚ bags‚ small leathers goods‚ fine jewelry‚ and many others products. Besides‚ watches is also a best selling products for Gucci brand. Watches of Gucci brand is designed either for women‚ man‚ and also teenagers. 2.0 Market
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