SlideShare a Scribd company logo
1 of 27
CHILD IS THE 
FATHER OF 
BRANDS
BRANDS…. 
Brand is the "name, term, design, symbol, or 
any other feature that identifies one seller's 
product distinct from those of other sellers…. 
 By the 1940s, manufacturers began to 
recognize the way in which consumers 
were developing relationships with their 
brands in a 
social/psychological/anthropological sense.
 Manufacturers quickly learned to build 
their brands' identity and personality such 
as youthfulness, fun or luxury. This began 
the practice we now know as "branding" 
today, where the consumers buy "the 
brand" instead of the product.
THE INFLUENCE OF BRANDS ON 
CHILDREN 
The impact of brands on teenagers and adults is a 
well-researched field, but far less is understood 
about their impact on children. 
Children as young as five years old are so driven 
by consumerism and fashion.
The research highlighted three important 
findings. It is clear that even at this age 
brands and logos are highly important to 
some children – 
 The study noted the influence of 
 Family attitudes, 
 Peer pressure and 
 Celebrity culture
 Second, it found that even very young 
children have a great deal of knowledge 
about the clothing retail sector and they 
know exactly which shops will sell the 
kind of clothing they want. 
 Finally, the study noted a strong 
association between family culture and the 
value children placed on brands and 
logos.
KIDS’ WEAR MARKET TO TOUCH RS 3,800 
CR 
Smart well dressed children are how parents 
want their kids to be today. 
And the upwardly mobile parent is willing to 
pay that extra to ensure their child is well 
turned out. This is being reflected in the 
growth of children’s apparel industry which 
is being estimated at Rs 26,300 crores, with 
15.4 per cent share of the total apparel 
market.
This was revealed in a report titled 
‘Children’s Apparel and Footwear Market in 
India’. 
The segment is growing at 17 per cent and 
is expected to touch Rs 30,800 crores this 
fiscal. Within the segment niche categories 
like infant, formal and ethnic wear, casual 
wear etc are presenting retailers a great 
opportunity.
The organized kids’ apparel segment is 
estimated at around Rs 3,000 crores with 5.3 
per cent of the overall organized apparel 
market but it is growing at an estimated 24 
to 25 per cent and is expected to reach Rs 
3,800 crores by 2011-12. The catalysts for 
this growth are: rapid expansion of domestic 
players and influx of new players both 
domestic and global in this segment.
Lilliput is the largest player with 
an estimated market share of 
14.3 per cent followed by Gini & 
Jony at 11 per cent and Catmoss 
at 7 per cent.
INTRODUCTION 
Gini & Jony is an Indian kid's fashion 
brand, promoted by the Lakhani brothers, 
since 1980. 
The brand sells apparel through a mix of 
company-owned and franchisee outlets, and 
is currently present in 79 cities with 277 
exclusive brand outlets. While the promoter 
group holds the majority stake in the 
organization, the company is partially 
owned (22%) by Anil Ambani's Reliance 
Capital.
STP 
Segment- Upper middle and upper 
class urban kids 
Target Group- Kids in the age group of 
2-12 years 
Positioning- A complete fashion brand 
for the kids
SWOT ANALYSIS 
STRENGTH 
1. Established in the kids wear segment with 
over 250 exclusive brand outlets and MBO’s 
in over 80 cities in India. 
2. Founders Lakhani brothers expertise in the 
retail segment is a major boost for the brand. 
3. The tie-up with Reliance Capital provides 
financial stability to the brand.
4. The exclusive seasons collections makes 
the brand after-sought one in the kids 
segment. 
5. Brand has been awarded with several 
honors like the Images Fashion award in the 
kids wear segment for 5 successive years 
6. Diversification into other product lines 
like sunglasses, footwear has helped the 
brand to be built as complete lifestyle brand 
for kids
WEAKNESS 
1. Predominance of unorganized sector in 
the kids wear segment. 
2. High dependence on cotton for the 
product is a major issue. 
3. Highly fragmented supply chain in the 
retail sector as a whole has led to several 
losses
OPPORTUNITY 
1. Increasing organized retail space is a 
great opportunity for expansion in the 
largely untapped Indian markets. 
2. The brand can move to new forms of 
retailing like online stores for greater brand 
visibility 
3. Going global to tap children 
internationally
THREATS 
1. Primarily an apparel brand the 
government’ new tax policies on apparel 
might increase the unit cost 
2. Government’s opening of FDI in retail 
would be a serious threat with the entry 
of several foreign players in the market
3. The major threat in this segment is that 
the consumer, the kid is not the influencer 
and the decision makers are parents, so it 
solely depends on the influence the brand 
creates on them
GINI & JONY 
TARGETS SCHOOL KIDS 
Gini & Jony, the high-end kids fashion brand, 
is going all out to woo its target group. Their 
strategies coincide with the beginning of the 
new academic session at schools. 
Gini & Jony currently sells brands like Happy 
Style, GJ Jeans, GJ Baby
The kids wear brand had teamed up 
with Shahid Kapoor and Ayesha Takia 
stars of the Bollywood flick 
Paathshaala. According to Kothari 
“the reason for their association with 
that particular movie was that it deal 
with the challenges being faced by 
schools, students and parents. The 
central theme and characters of the 
movie gel well with the brands current 
Bag to School offer.”
IS THE DEPENDENCE OF YOUNG 
CHILDREN ON FASHION A BAD 
THING? 
Not necessarily, it seems. The acquisition of 
brands that are in vogue and therefore cool 
can give great pleasure and act as a bonding 
between peers in a group. For young people 
themselves, it is often a matter of image 
rather than money. Children who do not 
participate in that culture, however, can be 
isolated from their peers in a form of social 
exclusion.
"Child is the father of brands"
"Child is the father of brands"

More Related Content

What's hot

Children's Apparel Retailers. Market Share Shift
Children's Apparel Retailers. Market Share ShiftChildren's Apparel Retailers. Market Share Shift
Children's Apparel Retailers. Market Share Shift
Gary White
 
V kids Business Plan (15 batch Group 3)
V kids Business Plan (15 batch Group 3)V kids Business Plan (15 batch Group 3)
V kids Business Plan (15 batch Group 3)
CherryBerry2
 
RESEARCH ON APPAREL FASHION RETAIL INDUSTRY IN INDIA
RESEARCH ON APPAREL FASHION RETAIL  INDUSTRY  IN  INDIARESEARCH ON APPAREL FASHION RETAIL  INDUSTRY  IN  INDIA
RESEARCH ON APPAREL FASHION RETAIL INDUSTRY IN INDIA
VISHWA VARUN
 
Bata shoe company n
Bata shoe company nBata shoe company n
Bata shoe company n
Nahid hasan
 
Bata and liberty
Bata and libertyBata and liberty
Bata and liberty
Firoz Anjum
 

What's hot (20)

Lilliput Ppt
Lilliput PptLilliput Ppt
Lilliput Ppt
 
Bonsaii Franchise Presentation
Bonsaii Franchise PresentationBonsaii Franchise Presentation
Bonsaii Franchise Presentation
 
Kid’s Apparel In India Presentaion
Kid’s Apparel In India PresentaionKid’s Apparel In India Presentaion
Kid’s Apparel In India Presentaion
 
Lilliput Franchise Presentation
Lilliput Franchise PresentationLilliput Franchise Presentation
Lilliput Franchise Presentation
 
Marketing Plan Presentation Spykar Oyo Rakesh
Marketing Plan Presentation Spykar Oyo  RakeshMarketing Plan Presentation Spykar Oyo  Rakesh
Marketing Plan Presentation Spykar Oyo Rakesh
 
Gini and jony
Gini and jonyGini and jony
Gini and jony
 
Children's Apparel Retailers. Market Share Shift
Children's Apparel Retailers. Market Share ShiftChildren's Apparel Retailers. Market Share Shift
Children's Apparel Retailers. Market Share Shift
 
V kids Business Plan (15 batch Group 3)
V kids Business Plan (15 batch Group 3)V kids Business Plan (15 batch Group 3)
V kids Business Plan (15 batch Group 3)
 
FPD REPORT
FPD REPORT FPD REPORT
FPD REPORT
 
Spykar - 2016
Spykar - 2016Spykar - 2016
Spykar - 2016
 
Killer
KillerKiller
Killer
 
MADURA GARMENTS
MADURA GARMENTSMADURA GARMENTS
MADURA GARMENTS
 
RESEARCH ON APPAREL FASHION RETAIL INDUSTRY IN INDIA
RESEARCH ON APPAREL FASHION RETAIL  INDUSTRY  IN  INDIARESEARCH ON APPAREL FASHION RETAIL  INDUSTRY  IN  INDIA
RESEARCH ON APPAREL FASHION RETAIL INDUSTRY IN INDIA
 
Bata shoe company n
Bata shoe company nBata shoe company n
Bata shoe company n
 
Footwear retail in India
Footwear retail in IndiaFootwear retail in India
Footwear retail in India
 
Bata and liberty
Bata and libertyBata and liberty
Bata and liberty
 
Marketing
MarketingMarketing
Marketing
 
Footwear
FootwearFootwear
Footwear
 
Shoe industry (bata) pest analysis
Shoe industry (bata) pest analysisShoe industry (bata) pest analysis
Shoe industry (bata) pest analysis
 
category mgmnt
category mgmntcategory mgmnt
category mgmnt
 

Similar to "Child is the father of brands"

Coty Inc. Marketing Proposal
Coty Inc. Marketing Proposal Coty Inc. Marketing Proposal
Coty Inc. Marketing Proposal
Attri Farahzadi
 
Winning China's Apparel Market
Winning China's Apparel MarketWinning China's Apparel Market
Winning China's Apparel Market
Melih ÖZCANLI
 
Shield Imc presentation
Shield Imc presentationShield Imc presentation
Shield Imc presentation
Nyssa Razzak
 
Kantar asia-brand-footprint-2020
Kantar asia-brand-footprint-2020Kantar asia-brand-footprint-2020
Kantar asia-brand-footprint-2020
tramnguyen016
 
working mom perception towards baby ACCESSORY PRODUCTS
working mom perception towards baby ACCESSORY PRODUCTS working mom perception towards baby ACCESSORY PRODUCTS
working mom perception towards baby ACCESSORY PRODUCTS
rittugyl22
 
Kids Trends in India 2009 - A Preview
Kids Trends in India 2009 - A PreviewKids Trends in India 2009 - A Preview
Kids Trends in India 2009 - A Preview
insight instore
 
Introduction The clothing industry at present is a.pdf
Introduction The clothing industry at present is a.pdfIntroduction The clothing industry at present is a.pdf
Introduction The clothing industry at present is a.pdf
bkbk37
 
Neri 10stepmarketing
Neri 10stepmarketingNeri 10stepmarketing
Neri 10stepmarketing
hiyasminneri
 
202004 - Business Environment lecture 6 Tutor_s version (Social Factors).pptx
202004 - Business Environment lecture 6 Tutor_s version (Social Factors).pptx202004 - Business Environment lecture 6 Tutor_s version (Social Factors).pptx
202004 - Business Environment lecture 6 Tutor_s version (Social Factors).pptx
ssuser836c741
 

Similar to "Child is the father of brands" (20)

Kids retailing
Kids retailingKids retailing
Kids retailing
 
A study on consumer buying behaviour at shoppers stop
A study on consumer buying behaviour at shoppers stopA study on consumer buying behaviour at shoppers stop
A study on consumer buying behaviour at shoppers stop
 
Coty Inc. Marketing Proposal
Coty Inc. Marketing Proposal Coty Inc. Marketing Proposal
Coty Inc. Marketing Proposal
 
Responsible Marketing to Children - Position Paper by Sportz Village.pdf
Responsible Marketing to Children - Position Paper by Sportz Village.pdfResponsible Marketing to Children - Position Paper by Sportz Village.pdf
Responsible Marketing to Children - Position Paper by Sportz Village.pdf
 
Exploratory research on fashion accessories
Exploratory research on fashion accessories Exploratory research on fashion accessories
Exploratory research on fashion accessories
 
Winning China's Apparel Market
Winning China's Apparel MarketWinning China's Apparel Market
Winning China's Apparel Market
 
Business plan for nash & omie apparels
Business plan for nash & omie apparelsBusiness plan for nash & omie apparels
Business plan for nash & omie apparels
 
Everkin Final Campaign Book
Everkin Final Campaign BookEverkin Final Campaign Book
Everkin Final Campaign Book
 
Brandworks kandyfloss
Brandworks kandyflossBrandworks kandyfloss
Brandworks kandyfloss
 
Brandworks kandyfloss
Brandworks kandyflossBrandworks kandyfloss
Brandworks kandyfloss
 
Qt presentation
Qt presentationQt presentation
Qt presentation
 
Walswick e.l.f marketing_plan
Walswick e.l.f marketing_planWalswick e.l.f marketing_plan
Walswick e.l.f marketing_plan
 
Shield Imc presentation
Shield Imc presentationShield Imc presentation
Shield Imc presentation
 
Kantar asia-brand-footprint-2020
Kantar asia-brand-footprint-2020Kantar asia-brand-footprint-2020
Kantar asia-brand-footprint-2020
 
working mom perception towards baby ACCESSORY PRODUCTS
working mom perception towards baby ACCESSORY PRODUCTS working mom perception towards baby ACCESSORY PRODUCTS
working mom perception towards baby ACCESSORY PRODUCTS
 
Kids Trends in India 2009 - A Preview
Kids Trends in India 2009 - A PreviewKids Trends in India 2009 - A Preview
Kids Trends in India 2009 - A Preview
 
Introduction The clothing industry at present is a.pdf
Introduction The clothing industry at present is a.pdfIntroduction The clothing industry at present is a.pdf
Introduction The clothing industry at present is a.pdf
 
Neri 10stepmarketing
Neri 10stepmarketingNeri 10stepmarketing
Neri 10stepmarketing
 
MBA643 Project Planning And Execution.docx
MBA643 Project Planning And Execution.docxMBA643 Project Planning And Execution.docx
MBA643 Project Planning And Execution.docx
 
202004 - Business Environment lecture 6 Tutor_s version (Social Factors).pptx
202004 - Business Environment lecture 6 Tutor_s version (Social Factors).pptx202004 - Business Environment lecture 6 Tutor_s version (Social Factors).pptx
202004 - Business Environment lecture 6 Tutor_s version (Social Factors).pptx
 

Recently uploaded

Recently uploaded (20)

BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort Service
 
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesInstant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
 
Choosing the Right White Label SEO Services to Boost Your Agency's Growth.pdf
Choosing the Right White Label SEO Services to Boost Your Agency's Growth.pdfChoosing the Right White Label SEO Services to Boost Your Agency's Growth.pdf
Choosing the Right White Label SEO Services to Boost Your Agency's Growth.pdf
 
Kraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentationKraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentation
 
Five Essential Tools for International SEO - Natalia Witczyk - SearchNorwich 15
Five Essential Tools for International SEO - Natalia Witczyk - SearchNorwich 15Five Essential Tools for International SEO - Natalia Witczyk - SearchNorwich 15
Five Essential Tools for International SEO - Natalia Witczyk - SearchNorwich 15
 
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptx
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptxDigital-Marketing-Into-by-Zoraiz-Ahmad.pptx
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptx
 
Press Release Distribution Evolving with Digital Trends.pdf
Press Release Distribution Evolving with Digital Trends.pdfPress Release Distribution Evolving with Digital Trends.pdf
Press Release Distribution Evolving with Digital Trends.pdf
 
Enhancing Business Visibility PR Firms in San Francisco
Enhancing Business Visibility PR Firms in San FranciscoEnhancing Business Visibility PR Firms in San Francisco
Enhancing Business Visibility PR Firms in San Francisco
 
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfMicro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
 
Major SEO Trends in 2024 - Banyanbrain Digital
Major SEO Trends in 2024 - Banyanbrain DigitalMajor SEO Trends in 2024 - Banyanbrain Digital
Major SEO Trends in 2024 - Banyanbrain Digital
 
Social media, ppt. Features, characteristics
Social media, ppt. Features, characteristicsSocial media, ppt. Features, characteristics
Social media, ppt. Features, characteristics
 
[Expert Panel] New Google Shopping Ads Strategies Uncovered
[Expert Panel] New Google Shopping Ads Strategies Uncovered[Expert Panel] New Google Shopping Ads Strategies Uncovered
[Expert Panel] New Google Shopping Ads Strategies Uncovered
 
BDSM⚡Call Girls in Sector 44 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 44 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 44 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 44 Noida Escorts >༒8448380779 Escort Service
 
Busty Desi⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort Service
 
Discover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your LifestyleDiscover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your Lifestyle
 
W.H.Bender Quote 61 -Influential restaurant and food service industry network...
W.H.Bender Quote 61 -Influential restaurant and food service industry network...W.H.Bender Quote 61 -Influential restaurant and food service industry network...
W.H.Bender Quote 61 -Influential restaurant and food service industry network...
 
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
 
The Science of Landing Page Messaging.pdf
The Science of Landing Page Messaging.pdfThe Science of Landing Page Messaging.pdf
The Science of Landing Page Messaging.pdf
 
Distribution Ad Platform_ The Role of Distribution Ad Network.pdf
Distribution Ad Platform_ The Role of  Distribution Ad Network.pdfDistribution Ad Platform_ The Role of  Distribution Ad Network.pdf
Distribution Ad Platform_ The Role of Distribution Ad Network.pdf
 
Labour Day Celebrating Workers and Their Contributions.pptx
Labour Day Celebrating Workers and Their Contributions.pptxLabour Day Celebrating Workers and Their Contributions.pptx
Labour Day Celebrating Workers and Their Contributions.pptx
 

"Child is the father of brands"

  • 1. CHILD IS THE FATHER OF BRANDS
  • 2. BRANDS…. Brand is the "name, term, design, symbol, or any other feature that identifies one seller's product distinct from those of other sellers….  By the 1940s, manufacturers began to recognize the way in which consumers were developing relationships with their brands in a social/psychological/anthropological sense.
  • 3.  Manufacturers quickly learned to build their brands' identity and personality such as youthfulness, fun or luxury. This began the practice we now know as "branding" today, where the consumers buy "the brand" instead of the product.
  • 4. THE INFLUENCE OF BRANDS ON CHILDREN The impact of brands on teenagers and adults is a well-researched field, but far less is understood about their impact on children. Children as young as five years old are so driven by consumerism and fashion.
  • 5. The research highlighted three important findings. It is clear that even at this age brands and logos are highly important to some children –  The study noted the influence of  Family attitudes,  Peer pressure and  Celebrity culture
  • 6.  Second, it found that even very young children have a great deal of knowledge about the clothing retail sector and they know exactly which shops will sell the kind of clothing they want.  Finally, the study noted a strong association between family culture and the value children placed on brands and logos.
  • 7.
  • 8.
  • 9. KIDS’ WEAR MARKET TO TOUCH RS 3,800 CR Smart well dressed children are how parents want their kids to be today. And the upwardly mobile parent is willing to pay that extra to ensure their child is well turned out. This is being reflected in the growth of children’s apparel industry which is being estimated at Rs 26,300 crores, with 15.4 per cent share of the total apparel market.
  • 10. This was revealed in a report titled ‘Children’s Apparel and Footwear Market in India’. The segment is growing at 17 per cent and is expected to touch Rs 30,800 crores this fiscal. Within the segment niche categories like infant, formal and ethnic wear, casual wear etc are presenting retailers a great opportunity.
  • 11. The organized kids’ apparel segment is estimated at around Rs 3,000 crores with 5.3 per cent of the overall organized apparel market but it is growing at an estimated 24 to 25 per cent and is expected to reach Rs 3,800 crores by 2011-12. The catalysts for this growth are: rapid expansion of domestic players and influx of new players both domestic and global in this segment.
  • 12. Lilliput is the largest player with an estimated market share of 14.3 per cent followed by Gini & Jony at 11 per cent and Catmoss at 7 per cent.
  • 13.
  • 14. INTRODUCTION Gini & Jony is an Indian kid's fashion brand, promoted by the Lakhani brothers, since 1980. The brand sells apparel through a mix of company-owned and franchisee outlets, and is currently present in 79 cities with 277 exclusive brand outlets. While the promoter group holds the majority stake in the organization, the company is partially owned (22%) by Anil Ambani's Reliance Capital.
  • 15. STP Segment- Upper middle and upper class urban kids Target Group- Kids in the age group of 2-12 years Positioning- A complete fashion brand for the kids
  • 16. SWOT ANALYSIS STRENGTH 1. Established in the kids wear segment with over 250 exclusive brand outlets and MBO’s in over 80 cities in India. 2. Founders Lakhani brothers expertise in the retail segment is a major boost for the brand. 3. The tie-up with Reliance Capital provides financial stability to the brand.
  • 17. 4. The exclusive seasons collections makes the brand after-sought one in the kids segment. 5. Brand has been awarded with several honors like the Images Fashion award in the kids wear segment for 5 successive years 6. Diversification into other product lines like sunglasses, footwear has helped the brand to be built as complete lifestyle brand for kids
  • 18. WEAKNESS 1. Predominance of unorganized sector in the kids wear segment. 2. High dependence on cotton for the product is a major issue. 3. Highly fragmented supply chain in the retail sector as a whole has led to several losses
  • 19. OPPORTUNITY 1. Increasing organized retail space is a great opportunity for expansion in the largely untapped Indian markets. 2. The brand can move to new forms of retailing like online stores for greater brand visibility 3. Going global to tap children internationally
  • 20. THREATS 1. Primarily an apparel brand the government’ new tax policies on apparel might increase the unit cost 2. Government’s opening of FDI in retail would be a serious threat with the entry of several foreign players in the market
  • 21. 3. The major threat in this segment is that the consumer, the kid is not the influencer and the decision makers are parents, so it solely depends on the influence the brand creates on them
  • 22. GINI & JONY TARGETS SCHOOL KIDS Gini & Jony, the high-end kids fashion brand, is going all out to woo its target group. Their strategies coincide with the beginning of the new academic session at schools. Gini & Jony currently sells brands like Happy Style, GJ Jeans, GJ Baby
  • 23.
  • 24. The kids wear brand had teamed up with Shahid Kapoor and Ayesha Takia stars of the Bollywood flick Paathshaala. According to Kothari “the reason for their association with that particular movie was that it deal with the challenges being faced by schools, students and parents. The central theme and characters of the movie gel well with the brands current Bag to School offer.”
  • 25. IS THE DEPENDENCE OF YOUNG CHILDREN ON FASHION A BAD THING? Not necessarily, it seems. The acquisition of brands that are in vogue and therefore cool can give great pleasure and act as a bonding between peers in a group. For young people themselves, it is often a matter of image rather than money. Children who do not participate in that culture, however, can be isolated from their peers in a form of social exclusion.