3.2.1 Brand Equity Earning the royal seal of approval and outfitting the Royal Army placed Burberry on the map as “the original British luxury brand” but somewhere along the line‚ it became the raincoat brand known more for outfitting stuffy elder statesmen than the cloth of choice for the glamorous rich and famous. Burberry revamped its brand image‚ hiring new designers who took the signature plaid from raincoats to bikinis. Recent ads featuring British fashion icons like Kate Moss and Stella Tennant
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In 1941‚ Coach Inc. was founded in a loft located in Manhattan‚ New York. Inspired by the baseball glove‚ it was the driver behind the soft‚ yet strong and durable leather. Not until the 1960s did Coach start manufacturing handbags when they introduced their first collection which consisted of 12 different styled bags. Then in 1985‚ the company was acquired by Sara Lee Corporation. Following this acquisition fifteen years later‚ Sara Lee Corporation decided to spin off Coach through an initial
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Global Marketing - Louis Vuitton in India With a GDP growth rate of more than nine percent‚ India is one of the fastest growing economies in the world. The population size exceeds one billion‚ including around 83‚000 dollar millionaires (2005)‚ recording the world’s second fastest growth in the number of high-net-worth consumers. Luxury brands like Louis Vuitton can take advantage of a steadily increasing upper class and a more and more affluent middle class. Moreover‚ 51 percent of the population
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INTRODUCTION Coach‚ Inc. is a designer‚ producer‚ and marketer of a prestige line of handbags‚ briefcases‚ luggage‚ and accessories. The company made its reputation selling sturdy leather purses in unchanging‚ traditional‚ classic styles‚ and it remains one of the best-known leather brands in the United States and has a growing reputation overseas. In addition to its main product line‚ the company offers Coach brand watches‚ footwear‚ and home and office furniture through agreements with licensing
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3/4/13 Attitudes Towards the Concept of Luxury: an Exploratory Analysis by Bernard Dubois and Gilles Laurent Attitudes Towards the Concept of Luxury: an Exploratory Analysis Bernard Dubois‚ Groupe H.E.C. Gilles Laurent‚ Groupe H.E.C. [ to cite ]: Bernard Dub ois and Gilles Laurent (1994) ‚"Attitudes Towards the Concept of Luxury: an Exploratory Analysis"‚ in AP - Asia Pacific Advances in Consumer Research Volume 1‚ eds. Joseph A. Cote and Siew Meng Leong‚ Provo‚ UT : Association for Consumer
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Coach case study analysis Miho Morishita Summary Coach was found in 1941. It is manufacture of high quality leather product and accessories. The U.S. based luxury handbag and accessories manufacturer has been able to achieve extraordinary growth rate‚ which its sales has grown annual rate 20% between 2000 and 2011‚ and net income has increased from $16.7 million to $880 million. A luxury goods industry where market characteristic tends to be highly sensitive to economic upturns and downturns‚ the
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Summary case study “Elie Saab : Growth of a Global Luxury Brand” I. Background Saab‚ born in Beirut‚ was nine years old when he developed an interest in dressmaking. By the time he was 18‚ Saab opened his first atelier with 10 employees. His product line at that time included luxurious evening gowns and wedding dresses. He received extensive media coverage when he featured his first collection at the Casino Du Liban in Beirut. In 1982‚ Saab opened his first workshop in Beirut and began designing
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1. Analyze the Marketing situation (5C’s) and compare Burberry’s market Positioning before Rose Marie Bravo arrived vs. the current (2003) positioning. 1.1 Marketing situation 1.1.1 Customers Before the arrival of Bravo to the company administration‚ Burberry customer base were those belonging to class A. By 1990’s its customer base was particularly older males and Asian tourists. When Bravo took office‚ her first worry was the repositioning of the brand and her priority goal was to attract
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Luxury market to grow despite weak economy Mahua Venkatesh & Himani Chandna Gurtoo ‚ Hindustan Times New Delhi‚ February 07‚ 2013 Sameira Khanna‚ 42‚ recently bought a Louis Vuitton bag for Rs. 35‚000 on an impulse. Anuj Jatav‚ 25‚ a student‚ purchased a Bang & Olufsen’s Beolit 12‚ a Rs. 70‚000 audio system‚ with help from his father. And the list of expensive purchases in the middle of an economic slowdown is quite long. The luxury goods market —estimated at Rs. 43‚000 crore — not
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