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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Singapore Airlines: Factors Accounting for Marketplace Success This paper looks at how good market auditing and planning are central to Singapore Airlines’ success‚ and how a clear understanding of the macro- and micro environments can assist in the building of sustainable competitive advantage. It focuses on the role of business tools‚ marketing intelligence and research‚ segmentation‚ targeting‚ positioning and buyer behaviour in the airline’s success. Introduction Singapore
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market position relative to that of its competitors including Polo‚ Coach‚ Armani and Gucci. Is Burberry’s competitive position sustainable over long term? Why or why not? Burberry has positioned its brand in the minds of consumers to be “functional luxury.” Burberry maintains a product line with great width and depth consisting of many products. Their products fall into one of two main categories: fashion or continuity. Fashion products are designed to be responsive to fashion trends and are introduced
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THE 8 P’S OF LUXURY BRANDING – PILLARS OF A LUXURY BRAND Performance: Refers to the delivery of superior experience of a luxury brand at two levels – product level & experiential level. At a product level‚ it must satisfy the functional and utilitarian characteristic as well as deliver on its practical physical attributes – a recipe of quality or design excellence ingredients like creativity‚ exclusivity‚ craftsmanship‚ precision‚ materials‚ high quality & innovation. The luxury brand must perform
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Critical Success Factors of Enterprise Resource Planning Systems Implementation Success in China Liang Zhang‚ Matthew K.O. Lee‚ Zhe Zhang1‚ Probir Banerjee Department of Information Systems‚ City University of Hong Kong‚ Hong Kong‚ China iszhang@is.cityu.edu.hk; ismatlee@cityu.edu.hk; ispb@is.cityu.edu.hk 1 Faculty of Business Administration‚ Northeastern University‚ Shenyang‚ China Zhangz27@hotmail.com ERP systems were introduced to China at the beginning of 1980s when several state-owned companies
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PROJECT CASE 1 Luxury Retaling: INTRODUCTION & SCENARIO: The Indian economy has evoked a lot of interest globally given its statistics of some of the highest disposable incomes and increase in the number of millionaires. We are not new to luxury. Indian princes had a penchant for luxury goods from the west. The last couple of years have seen a profusion of luxury brands into the Indian market. With one of the highest levels of disposable incomes‚ the well-traveled Indian luxury consumer is being
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Luxury stores audit Gucci and Celine stores‚ Russian experience Monaco 2012 INTRODUCTION Monaco is a small country‚ but well known all over the world. All over the world it is known as a place of luxury. Every year a lot of tourists visit Monaco to have a good vacation visiting casinos‚ luxury restaurants and off course to do a shopping in a most known‚ luxury brands. In Monaco you can find a lot of different luxury boutiques for every taste; you can find everything from luxury cars to a
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4 Critical Success Factors to Cleansing Data Abstract: This article briefly recaps the value of quality data in the supply chain and the challenges with today’s automated mass sharing of information with internal and external customers. This article addresses how we all got here and what we can do about it. There are four critical success factors of 1) Scope‚ 2) Team‚ 3) Process and 4) Technology and this article will give you the stepping stones to be successful in cleaning your critical
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the results’ (Kelly & Booth 2004). Mars and Ferrero are two world-leading food (especially Chocolate) manufacturers. But what makes these 2 companies successful internationally and globally? What are the factors contributing to their success? In this essay‚ we will evaluate on their success factors and what changes could have been taken to make the companies more competitive and profitable. Background Mars (2012) has provided a milestone of the company starting in 1882‚ where Frank C. Mars was
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multi brand strategy 2. Dependence on star designers Strengths: 1. Leading luxury goods companies - $ 12 billion fashion and liquor conglomerate 2. Strong brand portfolio with 10 star brands and 60 top brands 3. Wide geographical presence 4. Leadership and charisma of Bernard Arnault 5. Human resource management LVMH Opportunities: 1. World wide presence through acquisitions of famous brands 2. Growing luxury markets in emerging economy Threats: 1. Intense Competition 2. Consumer loyalty
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