A fashion show is an event put on by a fashion designer to showcase his or her upcoming line of clothing during Fashion Week. Fashion shows debut every season‚ particularly the Spring/Summer and Fall/Winter seasons. This is where the latest fashion trends are made. The two most influential fashion weeks are Paris Fashion Week and New York Fashion Week‚ which are both semiannual events. Types of fashion The garments produced by clothing manufacturers fall into three main categories‚ although these
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INTRODUCTION Preface ____________________________________________________________ _ Branding is a way to differentiate a company‚ product or service from its competitors‚ and establish a personality that is both unique and appealing to potential customers. It is a multifaceted‚ multilayered process and discipline that aims at establishing long and profitable relationships with stakeholders. It begins with a branding strategy and is implemented throughout an organization and communicated to significant
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LUXURY GOODS: NO SIGN OF SLOWING Discussion question : a) The word “luxury” is ambiguous‚ in the sense that the perception of luxury is subjective. A poor person with less than $1 each day to survive on would think that a proper dinner is luxury while the CEO of a MNC would consider five Ferrari cars as luxury. Thus‚ everything could be luxury depending on the circumstances‚ experiences and features of an individual. Chevalier and Mazzalovo (2008) define a luxury brand as a brand that is
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Google Branding Strategy The “don’t be evil” Google enjoys an immaculate branding strategy which has proven to be one of the most brilliant and effective branding strategies ever witnessed. Google has an unsullied image that sparkles cleaner than Coca Cola‚ Pepsi‚ Ford‚ Gap and AT&T combined. Just a few months back‚ Google beat out Starbucks‚ Apple Computer‚ and Coca Cola to claim BrandChannel.com’s Brand of the Year title. A recent study by Brand Keys revealed the obvious: Google is #1 of all
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German Luxury-Car Makers Look Beyond Home Market BMW to expand Plant in U.S.‚ Daimler Will Boost Investment in China Venture By William Boston and Neal E. Boudette Updated March 28‚ 2014 2:56 p.m. ET A new BMW X4 is unveiled last Friday at the BMW manufacturing plant in Greer‚ South Carolina as the Germany luxury auto maker announced a $1 billion expansion for the plant. Associated Press German luxury car manufacturers BMW AG and Daimler AG have unveiled plans to spend billions on new car
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Is music a luxury‚ or a necessity for humans? Even though we can live with out it‚ unlike food and water‚ I do believe music is a necessity. Even in countries where food and water are scarce‚ they will still find a way to make music. Some luxuries are necessary to live a peaceful life‚ music being one of them. So‚ with that being said‚ music not only helps us through the tough times‚ but also keeps us alive. Music is like glue. It lets us keep our sanity. Music relates to us‚ thus letting us know
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decide whether to launch an affordable wine. by Daniela Beyersdorfer and Vincent Dessain The Experts Corinne Mentzelopoulos is the owner and CEO of Château Margaux‚ a firstgrowth wine estate in the Bordeaux region of France. Preserve The Luxury Or Extend The Brand? G ILLUSTRATION: LARA TOMLIN Philippe Sereys de Rothschild is the Vice Chairman of Baron Philippe de Rothschild‚ a family firm that manages the firstgrowth Château Mouton Rothschild‚ other estates‚ and branded wines
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used for strategic planning‚ resource allocation and tactical marketing. 2.0 Branding What is a brand? It has been asserted (Kennedy‚ 2012) that‚ a brand collects name‚ symbol‚ design‚ logo and term together‚ intended to identifies and differentiates a product or service. Consumers regard brands as an essential element of the production‚ and most companies usually charge a higher price due to the influence of branding‚ like Louis Vuitton. Belch‚ Belch‚ Kerr‚ and Powell (2009) depicted that‚ brands
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LUXURY MARKET OVERVIEW Luxury goods have more than the ordinary and necessary characteristics compared to other products of their category. Their characteristics can be divided into 6 parts Symbolism‚ Price‚ Extraordinariness‚ Rarity‚ Aesthetics and Quality. The global market size for the industry has been at a growth rate of 9% per annum. This trend has been seen in the market since 1995 till 2000. The luxury market took a hit from 2000 to 2004 when incidents like the September 11 and SARS epidemic
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identity. In the 21st century‚ fashion as body adornment is still a universal part of a person’s everyday experience (Entwistle 2001: 41-43) yet‚ there is no one specific definition of fashion. Social scientists‚ philosophers and gender theorists present distinct understandings of the complexities of the fashion system. The modern definitions of fashion are derived from the foundational works of Bourdieu (1984)‚ Veblen (1899) and Simmel (1957)‚ who discussed fashion as a tool for social class distinction
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