Anaïs Averseng Master 2 Luxury brand management How is the business of luxury shoes adapting to the challenges of new consumer demand‚ geographical availability and modern marketing? Please discuss these issues‚ as well as the factors are shaping our industry today and tomorrow? 21st of December 2012 I decided to focus on the shoes industry‚ because is a more complex business. Women are attracted naturally by shoes but men don’t. The luxury Maison
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McKinsey Consumer and Shopper Insights June 2012 Standing Tall: Japan’s Resilient Luxury Market Brian Salsberg Naomi Yamakawa Photograph: Abbie Chessler 2 In the immediate aftermath of the tsunami‚ earthquake and nuclear disaster that hit Japan last year‚ killing 19‚000 people and battering the nation’s already shaky confidence‚ it was hardly surprising that people didn’t feel like shopping. At the time‚ the conventional wisdom was that such restraint was likely to last. People would
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Maison Martin Margiela – Singapore Expansion Plan Adelina Etcu‚ Cibowa Kalala‚ Cindy Yoel Tanesia‚ Nita Tjandra Introduction Luxury brands are being used by the Asians to define their identity and social position in the society.1 The global luxury goods market is forecast to expand by 65% from 2010 to 2015‚ with most of this growth countries in Asia Pacific and will remain the fastest growing market and the key regions for expanstion for luxury goods retailers excluding Japan.2 Singapore is
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Student name: Peiji Zhou Student number: 10344206 Content page: Lookbook and range building-------------------P 3 Shop report-----------------------------------P 7 Luxury brand---------------------------------P 9 Ethical Fashion--------------------------------P 11 Footwear-------------------------------------P 13 NEXT----------------------------------------P 16 Marks & Spencer------------------------------P 18 Jeffery West---------------------------------- P 21 Tannery visit----------------------------------P
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LVMH and Luxury Goods Marketing 1. Bernaud Arnault has built LVMH into a luxury goods empire by making numerous acquisitions. What strategy is evident here? LVMH or more specifically Bernaud Arnault wants luxury items to appeal to everyone‚ not just the wealthy and elite as in the past. The major issue in doing this is to keep the core luxury consumers‚ which means still keeping the product exclusive or exclusive feeling‚ while making the product available to a larger market. LVMH has used licensing
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Challenge statement: "Despite worldwide softness in the sale of luxury goods‚ LVMH has cemented its position as the world ’s largest and most profitable player in the category. To stay there it must keep its customers loyal and its brand strong and find new markets worldwide" (Hazlett C. 2004). That is why in its mission they state to represent the most refined qualities of Western " art de vivre" all around the world. Their objective is to be the leader in the luxury market‚ continuing to transmit
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CASE STUDY: PORTS 1961 I. Background Ports 1961 is a subsidiary of parent company PORTS International. It was founded in Canada in 1961 by Luke Tanabe in what started as a thriving family business that lost its standing due to mismanagement by Tanabe’s successors. In 1989 the company was acquired by brothers Alfred Chan and Edward Tan. After a global economic recession hit the market‚ Alfred decided to close all American operations and moved the entire business to China in 1993. He focused
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Louis Vuitton in Japan Case Questions * What has made LV’s business model successful in the Japanese Luxury Market? What has made Louis Vuitton’s business model successful in the Japanese Luxury is foremost due to an aggressive marketing strategy they adopted in the country. Indeed with their heritage‚ the “savoir-faire à la française”‚ the constant innovation‚ the quality of their products as well as an offered lifetime repair guarantees‚ Louis Vuitton has managed to make its Japanese customers
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BUSINESS PLAN “Fratelli Rossetti Handbags” viale Stelvio n°173 - 21052 Busto A. (VA) Index 1. Historical analysis of the territory and of the sector 2. Current situation and future outlook 3. Business mission (Handbags sector) 4. Business Area 5. Marketing strategies 6. Location 7. Technical and human resources 8. Juridical structure 9. Economic and financial goals Historical analysis of the territory and of the sector Busto Arsizio is located in an industrial and
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Louis Vuitton in Japan Case Study Student’s Name Instructor’s Name Course Title Date What has made LV’s business model successful in the Japanese Luxury Market? Japanese luxury market has often placed the greater deal about value on quality along with exclusivity of the products that are being offered as well as it is the critical success factor for the luxury brands within Japan. Fact‚ which Louis Vuitton has regularly concentrated on enhancing the quality of their product portfolio‚ has been
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