A – Positioning map:
B – Kapferer prism:
Even today, Louis Vuitton is renowned for its craftsmanship regarding the bags but unfortunately did not achieve to succeed as a strong fashion brand.
C – Swot analysis:
Why the ready-to-wear of Louis Vuitton is not so successful?
A- The Louis Vuitton women has never been defined
During the Nineties, Gucci decided to hire Tom Ford, an American designer to re-new the brand. Following the same idea, the LVMH director,M. Arnault, decided to put Marc Jacobs in charge of the ready-to-wear line.
The designer has always tried to be very modern and creative but the Louis Vuitton woman has always been difficult to define. Since the beginning, the style keeps changing season after season. A
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The brand oscillates between mature sophisticated women and young girls, targeting more the millennials. For the latest campaigns, while looking to be more luxurious and more exclusive, the brand decided to shot artists like Selena Gomez or Jaden Smith which once again, did not match with the luxurious image of the brand.
D- The brand lost exclusivity
Since the birth of the Louis Vuitton House and especially since its expansion abroad, the brand never stopped to fight against illegal copies, especially regarding handbags. Nowadays, the brand is still one of the most attractive one in term of counterfeit because the monogram is easy to reproduce. A lot of copies of the iconic products has been made and are really hard to differentiate from the real ones for an uninformed customer. This phenomenon deeply affected the brand image and customers stop trusting the uniqueness and exclusivity of the brand because the monogram and damier have been seen everywhere in the streets, carried by people from all social status. Indeed, the real consumers of Louis Vuitton are wealthy clients buying the brand want to be part of the exclusive “club” of luxury that a very few people can
Strengths, Weaknesses, Opportunities, and Threat (SWOT) Analysis VA’s strengths and weaknesses are built based on the Value Chain assessment and SWOT analysis from the Department of Veteran Affairs FY 2011-2015 and FY 2014-2020 Strategic Plans. The Environmental Scanning was conducted and discussed relative to VA’s competition…, as well as its strengths and weaknesses. In doing so, this analysis starts with the identified the strengths and weaknesses in the following graphs. VA strengths: Service Delivery
Second Assignment – Annotated Bibliography and Thesis Statement by Cheryl Chi Yue Leung (214185045) York University NATS 1840 15th January 2016 Thesis: How material elements of the modern fast fashion practice reinforce the meanings of unethical production, and thus explain low prices come with low product quality and negative environmental and social impacts Annotated Bibliography 1) Anguelov, N. CRC Press. (September 2015) The dirty side of the garment Industry: fast fashion and its negative impact on environment and society.
Introduction and Company Background The report is about the strategic appraisal of Louis Vuitton which is mainly a French based fashion house and founded by Louis Vuitton in 1854. The report will incorporate a brief background of the company as to its core business emulated by the industry it operates in. The background will further proceed with its geographical markets, the products and services being offered, their makret segments, their imperative stakeholders and what generic strategy is being followed by them.
After her death Karl Lagerfeld became his successor, currently he is the mastermind behind the world-famous, top-selling luxury brand. Chanel soon expanded the product range and started to design luxury hats, clothes, fragrances, accessories and cosmetics. The ideology behind the brand is elegancy, beauty and self-respect of women; Chanel has a parallelism with personal identity embedded into luxury. This is illustrated by the current slogan of N˚5
Page 1 of 7 Alexis NanthanongMrs. PerezBusiness 101March 6, 2018Lululemon AthleticaLululemon Athletica is a Canadian athletic apparel retailer. Founded in 1998 in beautifulVancouver, Canada, lululemon is a technical athletic apparel company for yoga, running,training and most other sweaty pursuits. As a dynamic and growing global brand, the companyinvests in sustainable business and mindful practices to ensure highest ethical and businessstandards, and create value and positive impact for a healthy future and resilient brand. Thecompany makes a variety of types of athletic wear, including performance shirts, shorts, andpants, as well as lifestyle apparel and yoga accessories.
The company Fast Retailing Co., Ltd was found and established on 1 May 1963 in Japan by Tadashi Yanai. Presently, they have launched several apparel and lifestyle brand of UNIQLO, GU, Theory, Comptoir des Cotonniers, Princesse tam.tam and J Brand. UNIQLO was first, to be introduced by Fast Retailing in 1984. It was a brand created to provide comfortable causal clothing to everyone, women, men, kids and babies. A lifestyle wear that was made for all, for everyday activities.
They focus on attracting younger customers while retaining Burberry’s core customer base by filling up the gap in the market, between that of classic fashion and cutting edge fashion. Their products are classified into two main types that include fashion or continuity. Fashion products are made to be responsive to latest fashion trends and usually only had a seasonal life cycle. These products are introduced on a collection-by-collection basis. As for Burberry’s continuity products such as the classic trench coat, their life cycles are anticipated to last for several
According to Natalia Borecka (2017), only 14% of major brands are run by female designers, even though the majority of fashion design graduates are women. (para. ????) Furthermore, the fashion industry of today is sexist in a more covert way. It tries to sell women a fake sense of empowerment, for example using symbols and slogans of women’s liberation movement on clothes and in advertisements.
The company’s logo and monogram being seen on their products is something which is easily recognized by every customer. It is not only well known but has a rich history. Louis Vuitton is known globally and has a strong image in Singapore, China, Hong Kong and Japan which are leading financial hubs and individuals with high net worth. Largest luxury brand with exclusivity Traditional craftsmanship is not compromised by Louis Vuitton as these products are made to fine details and of exquisite material, discount and promotion does not happen and defective products are disposed immediately as written in their policy. Louis Vuitton products are highly priced due to superior quality, degree of scarcity and exclusivity.
Giorgio Armani: By having brand ambassadors who symbolize an elite group, it is apparent that the product range too caters to a class with a good amount of disposable income. It would probably involve itself in more endorsements by people who can trigger an aspirational lifestyle. Moreover it would also actively involved in diversification. d. Yves Saint Laurent: This caters to the everyday needs of an urban, fashion conscious and bold woman.