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Leather Pants

Ready to wear analysis power point 2

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Page 1: Ready to wear analysis power point 2

Leather Pants

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YVES SAINT LAURENT

Designer

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SAINT LAURENT / SPRING SUMMER 14

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YSL IS ONE OF THE WORLD’S MOST PROMINENT FASHION HOUSES

"Chanel freed women, and I empowered them.""I created the contemporary woman's wardrobe."

Yves Saint Laurent was criticized for his drug abuse and alcoholism, but had a huge impact on the fashion industry, that he reflected on:

… the first fashion house to launch the concept of ready to wear in 1966

… over forty years later the brand continues to create super luxurious and contemporary designs in the finest fabrics

… classic French sentiment with a modern spirit.

Today, YSL is still seen as one of the greatest names in fashion:

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HISTORY OF YVES SAINT LAURENT1961 – The luxury fashion house was founded by Yves Saint Laurent and his partner, Pierre Bergé in Paris, France

1963 – Design of the logo that is still in use today

1978 – Start of a cosmetic line when YSL was popularizing fashion trends across Europe

1992 – Declining profits led to a sale to pharmaceutical company Sanofis

1999 – Gucci bought YSL with Tom Ford designing the ready-to-wear collection, Yves Saint Laurent the haute couture

2002 – Yves Saint Laurent closed the haute couture line and retired

2008 – Yves Saint Laurent died, and financial crisis led to closing of stores in NYC and San Francisco

2012 – New creative director hired from Dior

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YSL COMPETES WITH GUCCI AND LOUIS VUITTON

❑ Strong international brand presence with over 70 stores spread across 3 continents, including presence in the most important locations in more than 10 countries

❑ Long history and is considered to be the reviver of couture which had lost its glory

Strength

Weaknesses

Competitors

❑ The brand has not used its logo on their products which has affected the brand identification

❑ Lack of superstar designer that is famous even outside the brand (e.g., like a Marc Jacobs for LV or a Tom Ford for YSL in previous years)

❑ Gucci

❑ Louis Vuitton

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BUT THE FUTURE OFFERS GREAT OPPORTUNITIES FOR YSL

❑ Expand into Asia - a lot of emerging markets are have a huge growth in luxury goods

❑ Revive the vintage collection which has a classic appeal and more depth in design than its competitors

❑ Create new brand identity by focusing on green initiatives and CSR activities

Opportunities

Threats❑ Recessions in Europe and the USA – still the most

important markets for luxury brands

❑ Intense competition from Gucci – even though it belongs to the same company, YSL is losing a lot of sales to Gucci as they have a more memorable brand

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TARGET GROUP OF YSL: WEALTHY, CLASSIC AND FASHION INTERESTED

25-50 year old upper class men and women with 6-figure salaries

Target customer group

Meet Elizabeth Duke, a typical YSL customer …

❑ 29 years old and lives in a penthouse apartment in London

❑ PR Manager for a famous London public relations company

❑ Married to an English investment banker

❑ Owns a country house in Wales and a holiday villa in St. Tropez, France

❑ Shops every 3 months and looks for timeless items and classic items – prefers YSL and Gucci as well as Stella McCartney for summer fashion

❑ No interest in “cheap items” or “bargains” and does not like replicas

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STORE IMPRESSIONS

Store Layout

Sales Assistance

Merchan-dising

Product placement

Overall experience

❑ Store looked very clean, structured and empty, in a classic and luxurious style

❑ 2 Sales Associates in the store that both helped customers very detailed

❑ Focused on only a few, high-price items❑ Great placement of the products

❑ Leather pants were hanging on a hanger in the middle of the store

❑ Only 2 different pairs were available❑ Very luxurious

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PRODUCT KNOWLEDGE Garment description:

▪ Fabric 1: 100% leather

▪ Fabric 2: 70% Polyester, 24% nylon, 6% elastomer

▪ Lining: 58% polyamide, 42% elastomer

Care instructions:

▪ Specialist clean

Style:

▪ Trendy

Country of origin

▪ Italy

Available sizes▪ 2-12 (but only 3

sizes represented in store)

Price:

▪ $ 5,950

Saint Laurent Leather pant

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BridgeMARC BY MARC JACOBS

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Marc By Marc Jacobs: Spring/Summer 2014

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HISTORY OF MARC JACOBS

1986: Marc jacobs showed his first collection under the Marc Jacobs Label.

1989: Jacobs first collection for perry ellis was presented.

1998: Jacobs first collection for LVS hits was launched

2000: Marc By Marc Jacobs was created with cloths for both women and men.

2010: Jacobs was listed in Time Magazine as one of the most 100 influential people in the world.

2013: Launched Cosmetics as part of their brand.

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MARC BY MARC JACOBS

❑ High Profitability and revenue

❑ Skilled workforce

❑ High Growth rate

Strength

Weaknesses

Competitors

❑ Only appeals to younger demographic

❑ Juicy Couture

❑ CHLOE

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MARC BY MARC JACOBS SWOT

❑ Social media outlet to reach a wider audience

❑ Video Advertising campaigns

Opportunities

Threats❑ Recessions in Europe and the USA – still the most

important markets for luxury brands.❑ Future competition

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Store Impression

❑ Friendly Staff

❑ Energetic Music

❑ Sleek Fixtures that display Product.

❑ Multiple products displayed throughout the store to showcase.

❑ Very Clean.

❑ Mostly hanging

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TARGET GROUP OF MARC BY MARC JACOBS

❑ Age: 18-35

❑ Gender: Male and Female

❑ Less expensive branch of the Marc Jacobs label

❑ Middle to upper class

❑ Style hungry individuals

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PRODUCT KNOWLEDGE

Style: Trend

Karlie Leather Pant

Country of Origin: Italy

Suggested retail price: $998

Sizes from 2-8

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ContemporaryALL SAINTS SPITALFIELDS

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All Saints Spitalfields Quality

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WHAT IS ALLSAINTS SPITALFIELDS

AllSaints Spitalfields is a Contemporary brand that is based out of the United Kingdom. The company is based on

culture, Art, and Music.

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HISTORY OF ALLSAINTS SPITALFIELDS

1994-Founded in by Stuart Trevor

1997- AllSaints opened its first Brick-and-mortar store off canary street in London.

2003- Stuart sold AllSaints to Kevin Stanford and Stephen Craig.

2006- Company launches its’ first website opening the door to the technology age.

2014- AllSaints Expands company into Asia opening 30-50 additional Locations worldwide.

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Strength

Weaknesses

Competitors

AllSaints SWOT Analysis

❑ Builds customer relations by client telling and remember shoppers and their personal style.

❑ Offers out of stock Email updates on all items.

❑ Partnered with “Not for Sale” to help bring awareness and stop human trafficking.

❑ Very limited customer service.

❑ Locations are very limited.

❑ John Varvatos

❑ Theory

❑ Zara

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ALLSAINTS SWOT ANALYSIS

Opportunities

Threats

❑ Expanding company to Asia to meet consumer needs.

❑ Social-media outlets to create brand awareness through

customer experience while viewing media outlet, or while

in store.

❑ Weather

❑ Supply and demand

❑ Economy.

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TARGET GROUP OF ALLSAINTS SPITALFIELDS “WE ARE ALLSAINTS”

❑ Age: 18-35

❑ Gender: Male and Female

❑ Income Level: Middle to upper class

❑ Many of Allsaints shoppers are return customers that very from many

ethnicities and appear to have moderate to high-income levels

❑ Fashion savvy, and style conscious would best describe the typical AllSaints

Customer.

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PRODUCT KNOWLEDGE

Style: Trend

Harrah Pipe Skinny Pant

Country of Origin: Italy

Suggested retail price: $525

Size range Waist 25-32

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All Saints Spitalfields Store Layout and Visuals

● Pre Styled outfits.● Hardware in store is

intricate and showcases their product on detailed fixtures.

● Store Split up into personalities.

● Customer service is excellent.

● Items in store are kept to a very strict standard by size, seam alignment, and sensor detailing to ensure The AllSaints experience during store visit.

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My Experience