SHANGHAI TANG: THE FIRST GLOBAL CHINESE LUXURY BRAND? When he created Shanghai Tang in 1994‚ Hong Kong businessman David Tang intended to launch Chinaís first bona-fide luxury brand. The idea was ìto create the first global Chinese lifestyle brand by revitalising Chinese designsóinterweaving traditional Chinese culture with the dynamism of the 21st centuryî.1 In the first few years‚ Tangís flamboyant‚ cross-cultural style and ties to international celebrities fuelled the buzz surrounding the label
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2012.037 http://www.bm.vgtu.lt © Vilnius Gediminas Technical University‚ 2012 CAN CHINA DEVELOP ITS OWN LUXURY BRANDS? A CASE STUDY OF CLOTHING BRANDS Changting Zhou1‚ Xiaosong Zheng2 Sydney Institute of Language and Commerce‚ Shanghai University‚ 201800 Shanghai‚ China Email: 1MilkT@shu.edu.cn; 2xiaosong.zheng@shu.edu.cn Abstract. Based on the prediction of Altagamma Worldwide Marker Monitor‚ Chinese luxury consumption will reach EUR18.5 billion in 2015‚ representing 20% of the global market
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COMPANY CASE: SHANGHAI TANG: China’s First Great Luxury Brand One rainy October night in 2002 in a 1‚300 year-old Confucian temple in Shanghai‚ journalists from three continents‚ local bigwigs‚ style-conscious Chinese yuppies (chuppies)‚ and three Chinese soccer stars gathered to watch a fashion show. Raphael le Masne de Chermont‚ CEO of the Chinese lifestyle brand Shanghai Tang‚ is unconcerned about the weather and its possibly detrimental effects on 46 expensive garments which were about to
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- Strategic Management Shanghai Tang Case Study MGT 302 - Strategic Management Shanghai Tang Case Study 2013 TRAN Ngoc Phung (Fiona)-00026680T Lecture name: Mo Kader 5/12/2013 2013 TRAN Ngoc Phung (Fiona)-00026680T Lecture name: Mo Kader 5/12/2013 Shanghai Tang Case Study Shanghai Tang offers a unique women and men ’s fashion. Discover a new elegance‚ from clothing to accessories and home decoration. It was founded in 1994 by Hong Kong businessman David Tang. The brand’s global expansion
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Shanghai Tang is a famous Chinese fashion label now popular all over the world. Fifteen years back in the year 1994 this clothing brand was launched. The founder was David tang‚ a businessman of Hong Kong. David opened up this new brand to give a new statement to the Chinese fashion and in fact the Chinese fashion got a vast change with the launch of Shanghai Tang. Previously old traditional Hanfu had lots of influence on the dresses of Shanghai Tang. However‚ now it becomes more global. Though started
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Outline the concept of the augmented product. Apply and evaluate the concept to a brand of your choice. The concept of the augmented product tries to show how the overall view of the product and brand by fragmenting it into separate dimensions. Corey (1975) describes it as “the product is the total package of benefits that the customer receives when he buys.” There are 3 dimensions; core‚ tangible and intangible. Through these dimensions the product can be differentiated from competitors and
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Creativity at Shanghai Tang Background Shanghai Tang was founded by David Tang in Hong Kong in 1994. It was a retail store selling high quality product made in China‚ such as traditional Chinese costumes‚ Chairman Mao wrist watch‚ qipao‚ traditional Chinese silk products with Chinese design. Its target customers at the first place were those high ended tourists. Taking around 1 year‚ instead of 2 year which is typical period a new retailers need to make business in break even‚ Shanghai Tang turned
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Shanghai Tang – Case Study With regard to the problem of the lack of a creative director‚ we suggest a variety of solutions. Firstly‚ considering that the coordination of six designers have a vital importance in order to give compactness and homogeneity to the collections‚ the presence of a creative director is essential. Given the increasingly influential economic crisis ‚ we realize that hiring a new creative director can be a huge responsibility‚ so we think it could be useful to make each
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Case Study Shanghai Tang: The first Global Chinese Luxury Brand? 1) What is a luxury brand? A luxury brand is a brand that consumer associates it with luxury. Most of its products are luxury goods. It includes brands whose names are associated with luxury‚ high price‚ or high quality goods. A luxury brand is associated with sophistication (1 out of 5 brand related dimensions). Brands that are considered upper class and charming‚ high in sophistication dimension scale: E.g Cartier
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Augmented Product The concept of the augmented product arises from the need to differentiate a generic product from those of its competitors. Brands cannot exist in the long-run unless consumers can distinguish it from others. The more distinctive a brand position‚ with favorable attributes that the customer considers important‚ the less likelihood that a customer will accept a substitute. To attract and retain consumers‚ the brand must convince them that it is relevant to the consumer’s individual
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