This document provides an analysis of the department store Selfridges and its performance in the clothing and luxury retail sectors. It compares Selfridges to its main competitor Harvey Nichols and finds that Selfridges has a wider product selection and better value. The document also examines Selfridges' online performance and finds room for improvement in areas like free shipping. Overall, the analysis indicates that Selfridges is well-positioned in the clothing and luxury sectors due to its exclusive brand offerings and appeal to luxury consumers, positioning it for success in the autumn/winter 2014 period.
Differentiation Strategies Of Brioni, Louis Vuitton And Giorgio ArmaniKhawaja Naveed
This the document describing the differential strategies of Louis Vuitton, Giorgio Armani and Brioni.
There are Four differential strategies.
1- Product Differentiation
2- Channel Differentiation
3- Image Differentiation
4- Personnel Differentiation
Download Link:
http://www.4shared.com/file/103483437/f962664b/Differentiation_Strategies_Of_Brioni_Louis_Vuitton_and_Giorgio_Armani.html
Zara- Case Study
Known for its fast, affordable fashion, retail chain Zara has built up a multi-billion dollar brand through listening and reacting quickly to its customers
The presentation proposes a new idea for a Zara line extension: Zara for women, a line designed for real women that embraces various body shapes.
The project was done by combining marketing and buying behavior information. Keep in mind that this is a fictitious line. However, actual data about the company and the industry were used to design the marketing plan.
Differentiation Strategies Of Brioni, Louis Vuitton And Giorgio ArmaniKhawaja Naveed
This the document describing the differential strategies of Louis Vuitton, Giorgio Armani and Brioni.
There are Four differential strategies.
1- Product Differentiation
2- Channel Differentiation
3- Image Differentiation
4- Personnel Differentiation
Download Link:
http://www.4shared.com/file/103483437/f962664b/Differentiation_Strategies_Of_Brioni_Louis_Vuitton_and_Giorgio_Armani.html
Zara- Case Study
Known for its fast, affordable fashion, retail chain Zara has built up a multi-billion dollar brand through listening and reacting quickly to its customers
The presentation proposes a new idea for a Zara line extension: Zara for women, a line designed for real women that embraces various body shapes.
The project was done by combining marketing and buying behavior information. Keep in mind that this is a fictitious line. However, actual data about the company and the industry were used to design the marketing plan.
“To evaluate the consumer acceptance of Fabels - A Fabindia ethnic western we...Srishti Raut
A market research project conducted to understand the favourability of the consumer towards the recently launched western wear brand of Fabindia - Fabels
The Concept of Luxury Brands - PresentationKlaus Heine
This presentation corresponds to the paper about the definition and categorization of luxury products and brands, "The Concept of Luxury Brands" by Klaus Heine, www.conceptofluxurybrands.com.
ABSTRACT: This paper defines both luxury products and brands and also distinguishes similar concepts such as premium and masstige and differentiates between major types of luxury products and brands such as accessible vs. exceptional luxury products and connoisseur vs. star brands. In that way, it should create a better understanding of what actually constitutes luxury products and brands, and thus should be useful for both researchers and managers within the field of luxury brand management.
CONTENTS of the Paper:
I. The TAXONOMY OF LUXURY
1. The Basic Definition of Luxury
1.1. The Necessity-Luxury Continuum
1.2. The Relativity of Luxury
1.3. General Perspective for the Definition of Luxury
2. The Major Understandings of Luxury
2.1. The Philosophical-sociological Understanding of Luxury
2.2. The Micro-economic Understanding of Luxury
2.3. The Managerial Understanding of Luxury
2.3.1. Areas of Research
2.3.2. Scope of Luxury
2.3.3. Limiting the Scope of Luxury
3. Luxury Products
3.1. The Definition of Luxury Products
3.2. Categorization of Luxury Product Industries
3.3. Types of Luxury Products
4. Luxury Brands
4.1. The Definition of Luxury Brands
4.2. The Relationships between Luxury Products and Brands
4.3. The Relationships between Luxury Characteristics and Brand Identity
4.4. Types of Luxury Brands
4.4.1. Luxury Brands by Luxury Level
4.4.2. Luxury Brands by Awareness
4.4.3. Luxury Brands by Business Volume
4. Distinguishing Luxury Products and Brands from similar Concepts
5.1. Premium Products and Brands
5.2. Masstige Products and Brands
5.3. Prestige Products and Brands
II. HANDBOOK FOR THE CREATION OF LUXURY PRODUCTS AND BRANDS
1. The Characteristics of Luxury Products
1.1. Price
1.2. Quality
1.2.1. Manufacturing Characteristics
1.2.2. Concrete Product Characteristics
1.2.3. Abstract Product Characteristics
1.3. Aesthetics
1.4. Rarity
1.5. Extraordinariness
1.6. Symbolism
2. The Luxury Marketing-Mix
2.1. Luxury Product Policy
2.2. Luxury Price Policy
2.3. Luxury Distribution Policy
2.4. Luxury Communication Policy
V. CONCLUSIONS
So proud of my first market report for the university especially because of the visual layout and the photographs. Photography, art direction and styling by me. Created with #indesign
Brand study on luxury fashion house Burberry, including history of the brand, signature style, research on store layout, facade & design of interiors, and uniqueness & quintessence of the brand.
Three wallpapers, a window display with a theme accompanied by a comprehensive design process, and one store prop concept designed by the poster is also included.
The features of the global marketing of luxury products (on the example of lo...diana_vardanyan
Aim - determine the characteristics of global production marketing and develop practical recommendations for the implementation of marketing strategies companies in the global market.
1 part
was studied the international marketing strategies
were identified the features of of the global marketing of luxury products
2 part
was examined the activity of a conglomerate LVMH
was analyzed the market for luxury goods and the competitive environment
3 part
were developed recommendations for the company Louis Vuitton in global marketing
were developed practical recommendations in the global marketing field for companies operating in the sphere of luxury goods
Viktor & Rolf STPR - Marketing ProjectAaliyaGujral
A marketing project about the Segmentation, Targeting, Positioning and Repositioning of the brand Viktor & Rolf. It is a mock report with proposed repositioning.
I worked with Bulgari in Milan to rework their marketing strategy to be targeted more effectively towards the millennial target segment, suggested a revamped strategy for their social media to connect better and for the brand to capitalise on their rich heritage of ROMA and fleshed out two main brand campaigns.
“To evaluate the consumer acceptance of Fabels - A Fabindia ethnic western we...Srishti Raut
A market research project conducted to understand the favourability of the consumer towards the recently launched western wear brand of Fabindia - Fabels
The Concept of Luxury Brands - PresentationKlaus Heine
This presentation corresponds to the paper about the definition and categorization of luxury products and brands, "The Concept of Luxury Brands" by Klaus Heine, www.conceptofluxurybrands.com.
ABSTRACT: This paper defines both luxury products and brands and also distinguishes similar concepts such as premium and masstige and differentiates between major types of luxury products and brands such as accessible vs. exceptional luxury products and connoisseur vs. star brands. In that way, it should create a better understanding of what actually constitutes luxury products and brands, and thus should be useful for both researchers and managers within the field of luxury brand management.
CONTENTS of the Paper:
I. The TAXONOMY OF LUXURY
1. The Basic Definition of Luxury
1.1. The Necessity-Luxury Continuum
1.2. The Relativity of Luxury
1.3. General Perspective for the Definition of Luxury
2. The Major Understandings of Luxury
2.1. The Philosophical-sociological Understanding of Luxury
2.2. The Micro-economic Understanding of Luxury
2.3. The Managerial Understanding of Luxury
2.3.1. Areas of Research
2.3.2. Scope of Luxury
2.3.3. Limiting the Scope of Luxury
3. Luxury Products
3.1. The Definition of Luxury Products
3.2. Categorization of Luxury Product Industries
3.3. Types of Luxury Products
4. Luxury Brands
4.1. The Definition of Luxury Brands
4.2. The Relationships between Luxury Products and Brands
4.3. The Relationships between Luxury Characteristics and Brand Identity
4.4. Types of Luxury Brands
4.4.1. Luxury Brands by Luxury Level
4.4.2. Luxury Brands by Awareness
4.4.3. Luxury Brands by Business Volume
4. Distinguishing Luxury Products and Brands from similar Concepts
5.1. Premium Products and Brands
5.2. Masstige Products and Brands
5.3. Prestige Products and Brands
II. HANDBOOK FOR THE CREATION OF LUXURY PRODUCTS AND BRANDS
1. The Characteristics of Luxury Products
1.1. Price
1.2. Quality
1.2.1. Manufacturing Characteristics
1.2.2. Concrete Product Characteristics
1.2.3. Abstract Product Characteristics
1.3. Aesthetics
1.4. Rarity
1.5. Extraordinariness
1.6. Symbolism
2. The Luxury Marketing-Mix
2.1. Luxury Product Policy
2.2. Luxury Price Policy
2.3. Luxury Distribution Policy
2.4. Luxury Communication Policy
V. CONCLUSIONS
So proud of my first market report for the university especially because of the visual layout and the photographs. Photography, art direction and styling by me. Created with #indesign
Brand study on luxury fashion house Burberry, including history of the brand, signature style, research on store layout, facade & design of interiors, and uniqueness & quintessence of the brand.
Three wallpapers, a window display with a theme accompanied by a comprehensive design process, and one store prop concept designed by the poster is also included.
The features of the global marketing of luxury products (on the example of lo...diana_vardanyan
Aim - determine the characteristics of global production marketing and develop practical recommendations for the implementation of marketing strategies companies in the global market.
1 part
was studied the international marketing strategies
were identified the features of of the global marketing of luxury products
2 part
was examined the activity of a conglomerate LVMH
was analyzed the market for luxury goods and the competitive environment
3 part
were developed recommendations for the company Louis Vuitton in global marketing
were developed practical recommendations in the global marketing field for companies operating in the sphere of luxury goods
Viktor & Rolf STPR - Marketing ProjectAaliyaGujral
A marketing project about the Segmentation, Targeting, Positioning and Repositioning of the brand Viktor & Rolf. It is a mock report with proposed repositioning.
I worked with Bulgari in Milan to rework their marketing strategy to be targeted more effectively towards the millennial target segment, suggested a revamped strategy for their social media to connect better and for the brand to capitalise on their rich heritage of ROMA and fleshed out two main brand campaigns.
Working better together: client & agency relationships4Ps Marketing
Clare Higgins from Selfridges and Michelle Athersmith from 4Ps Marketing discuss how clients and agencies can get the most out of their working relationships.
Encompassing seven floors of exquisite collections across 4.5 acres, we welcome over 15 million customers through our doors each year.
We hope this Store Guide will help you plan your visit.
12
Uniqlo Clothes
Name
Institution
Course
Professor
Date
Uniqlo Clothes
Competitive Analysis
Uniqlo is a brand facing competition all over the world; however, the major competitors include but not limited to H&M, American Eagle Outfitters, Zara, Gap Inc., H&M (Hennes & Mauritz)and MUJI. In the global market where fast fashion has taken over the market, the consumer is indeed presented with a diversity of options (Marshall & Johnston, 2019). Despite the appearance and the notion that the big brands wield all the authority to persuade the customers, ultimately the power lie in the hands of every individual company.
Uniqlo store was tidy and well assorted-nothing seemed misplaced and this gave it a competitive edge because customers found it easier to locate their preferred sizes and styles. Also, the company’s technology and innovation has been futuristic, their product information is established right into the modern and pleasing displays, the maps of the stores are kept and set up at strategic points making it very easier for the customers to navigate and shop. Men and women sections compartmentalized and the sale section is designed centrally making it very easier for the customers to find bargains (Marshall & Johnston, 2019). The change rooms are pretty and smaller considering the huge size of the store. Nevertheless H&M is also not leaving anything to chance. The company has been giving Uniqlo a run on its investment through a very comprehensive and strategic moves in the industry. The company is fairly innovative and organized in its stores, boasting of the similar setup as Uniqlo- the store directories and strategic points, their digitization and the rating station. Unlike the smaller changing rooms at Uniqlo, H&M is vast in its changing rooms with its point of sales scattered and much harder to differentiate.
Consequently, the assortment offering ready in-store is where there is a real distinction. For instance, Uniqlo is emphasizing the provision of affordable basics plus innovative fabric technology, this means that, customers will not be entangled with numerous fast-fashion pieces or runway knock offs (Marshall & Johnston, 2019). But despite being on the limelight with a large assortment, the breadth is very small because many styles are replicated in various colors or a slightly altered signature silhouette.
Regarding the quality, Uniqlo always discloses country of origin and the information pertaining to the content of the fabric on their price tag (Marshall & Johnston, 2019). They are very transparent in keeping customers in the know about what they are buying and prices are relatively affordable and fair. For instance, a cashmere sweater would be ranging from $40 to $100 with a great fit (Marshall & Johnston, 2019).
H&M is boasting of their wider assortment between the two and it is extremely focusing on trends with a deep breath of fashionable products. Somewhat the quality is feeling cheaper because of the natu ...
12
Uniqlo Clothes
Name
Institution
Course
Professor
Date
Uniqlo Clothes
Competitive Analysis
Uniqlo is a brand facing competition all over the world; however, the major competitors include but not limited to H&M, American Eagle Outfitters, Zara, Gap Inc., H&M (Hennes & Mauritz)and MUJI. In the global market where fast fashion has taken over the market, the consumer is indeed presented with a diversity of options (Marshall & Johnston, 2019). Despite the appearance and the notion that the big brands wield all the authority to persuade the customers, ultimately the power lie in the hands of every individual company.
Uniqlo store was tidy and well assorted-nothing seemed misplaced and this gave it a competitive edge because customers found it easier to locate their preferred sizes and styles. Also, the company’s technology and innovation has been futuristic, their product information is established right into the modern and pleasing displays, the maps of the stores are kept and set up at strategic points making it very easier for the customers to navigate and shop. Men and women sections compartmentalized and the sale section is designed centrally making it very easier for the customers to find bargains (Marshall & Johnston, 2019). The change rooms are pretty and smaller considering the huge size of the store. Nevertheless H&M is also not leaving anything to chance. The company has been giving Uniqlo a run on its investment through a very comprehensive and strategic moves in the industry. The company is fairly innovative and organized in its stores, boasting of the similar setup as Uniqlo- the store directories and strategic points, their digitization and the rating station. Unlike the smaller changing rooms at Uniqlo, H&M is vast in its changing rooms with its point of sales scattered and much harder to differentiate.
Consequently, the assortment offering ready in-store is where there is a real distinction. For instance, Uniqlo is emphasizing the provision of affordable basics plus innovative fabric technology, this means that, customers will not be entangled with numerous fast-fashion pieces or runway knock offs (Marshall & Johnston, 2019). But despite being on the limelight with a large assortment, the breadth is very small because many styles are replicated in various colors or a slightly altered signature silhouette.
Regarding the quality, Uniqlo always discloses country of origin and the information pertaining to the content of the fabric on their price tag (Marshall & Johnston, 2019). They are very transparent in keeping customers in the know about what they are buying and prices are relatively affordable and fair. For instance, a cashmere sweater would be ranging from $40 to $100 with a great fit (Marshall & Johnston, 2019).
H&M is boasting of their wider assortment between the two and it is extremely focusing on trends with a deep breath of fashionable products. Somewhat the quality is feeling cheaper because of the natu ...
Retail Management project choosing a selected store of our choice and analysing it in order to propose new ideas to better it so that it can compete alongside it's competitors
A multifaceted future the jewelry industry in 2020Anil GROVER
The jewelry industry seems poised for a glittering future. Annual global sales of €148 billion are expected to grow at a healthy clip of 5 to 6 percent each year, totaling €250 billion by 2020. Consumer appetite for jewelry, which was dampened by the global recession, now appears more voracious than ever.
But the industry is as dynamic as it is fast growing. Consequential changes are under way, both in consumer behavior as well as in the industry itself. Jewelry players can’t simply do business as usual and expect to thrive; they must be alert and responsive to important trends and developments or else risk being left behind by more agile competitors.
Similar to Selfridges Report Final - Vandell Stretton (20)
2. Page of2 19
Page Number Content
3-7 1. Introduction
3 1.1Executive Summary
4 1.2 Selfridges in the Clothing Sector
5 1.3 Selfridges in the department store sector
6 1.4 Selfridges Shoe Lounge and Menswear
7 1.5 Selfridges Online Performance
8-16 2. Main Body
9 2.1 Comparison of Harvey Nichols Against Selfridges
9 2.2 Selfridges and the Luxury Consumer
10-11 2.3 Category Analysis
12-16 2.4 Product Analysis
17-19 3. Conclusion
17 3.1 SWOT Analysis
18 3.2 Conclusion and Recommendations
19 3.3 References
19 3.4 Bibliography
3. 1.1 Executive Summary
This report analyses the department store Selfridges against the clothing sector and the department store
sector whilst analysing the luxury consumer and their buying habits and how Selfridges caters to their needs.
Luxury consumers need for a wide selection, superior quality and exclusivity is key in defining their reasoning
for spending (Okonkwo, 2007) and Selfridges target all three of these points with their vast range of
exclusive brands.
Directly comparing Selfridges against its strongest competitor Harvey Nichols due to the similar demographic
of their main user share, Selfridges appears stronger in that they have a wider selection of products and a
better value for money when considering fabric type, construction and country of origin, also the size range
offering is wider for Selfridges.
To continue to show growth over the Autumn Winter 2014 period Selfridges needs to improve it’s online
store by offering free postage and packaging, and including viewing elements such as 3D models of the
clothes and supplying more information on products (Mintel, 2014). Creating a selection of exclusive own
brand clothing for the Autumn Winter 2014 would prove profitable for Selfridges due to it’s already strong
brand heritage and synonymous canary yellow branding.
Page of3 19
1. Introduction
4. 1.2 Selfridges in the Clothing Sector
Selfridges is an upmarket department store that caters for the higher end of the mass market with a broad
range of brands which stretches to luxury brands, these brands are not as prominent as other high-end UK
department stores such as Harvey Nichols and Harrods (Mintel, 2014.) Selfridges stock clothing for men,
women and children, accessories including footwear, homeware and food (selfridges.com, 2014.)
Selfridges have 4 stores throughout the UK the long established store on Oxford Road, London and three
other provincial stores in Birmingham and two in Manchester. (Mintel, 2014) Consumer spending in the
clothing retail sector is estimated to have increased in 2014 by 4.6% to £52.9 billion with Selfridges taking a
share of £511 million equating to 0.96% of the clothing market. Consumer spending in the clothing retail
sector has rose 6% in 2013 with Selfridges rising inline with this at 6.1% (Mintel, 2014.)
Department stores as a whole hold the second biggest share of the clothing market after specialist clothing
stores. (Mintel, 2014) With a strong growth in the clothing sector and no sign of decline Selfridges will
inevitably have a successful autumn/winter 2014.
Page of4 19
5. 1.3 Selfridges in the Department Store Sector
High-end department stores such as Selfridges and Harrods have seen an increase in their market share of
the department store retail channel in 2013, with Selfridges seeing an increase of 0.1% to 7.2% and Harrods
an increase of 0.4% to 9.6%. (Mintel, 2014) Considering this growth trends through to 2014 Selfridges will
eventually begin to outpace other department stores such as House of Fraser, this growth indicates
Selfridges will have a successful Autumn/Winter 2014.
These high-end department stores have constantly increased their market share year by year, much more
than mid market department stores have. This is due to the migration of international consumers who are
wealthy, also with the support of tourism in the UK’s capital and department stores such as Selfridges and
Harrods being seen as tourist attractions. (Mintel, 2014)
Page of5 19
6. 1.4 Selfridges Shoe Lounge and Menswear
The introduction of the Shoe Lounge has allowed Selfridges to outpace it’s sector competitors in the
footwear department “apart from Selfridges all department stores appear to have become less popular for
footwear.” (Mintel, 2014) This will help Selfridges increase it’s main user share of the male demographic for
Autumn/Winter 2014 with “increasingly fashion conscious men splash out on the latest shoe styles” (Mintel,
2014). Sales in the menswear sector have grown 4.8% in the last year, Selfridges will benefit from this as their
“customer base peaks among men aged under-35 who are the most fashion conscious” (Mintel, 2014)
although the “Menswear – UK, March 2014 report shows that men have become less interested in
brands” (Mintel, 2014) this suggests that Selfridges have the opportunity to create a strong own-brand
offering.
With less outlets and store space compared to other department stores Selfridges have a higher annual
sales per square metre with £8,577 million per square meter; driving down overheads by utilising space helps
improve their overall profits. In comparison to other department stores Selfridges show strength in that they
are profiting from less stores, this presents itself as lower risk where particular regions may be causing a loss for
the company due to region specific issues such as poor weather conditions, or in the case of autumn winter
2014 religious reasons, where Christmas may not be widely celebrated by the immediate demographic of
the region, Christmas is often considered the most important and profitable time in retail.
Page of6 19
Mintel, 2014 Department Store Retailing - 2014
7. 1.5 Selfridges Online Performance
Selfridges have only recently launched it’s transactional online store in 2010, which is evident in it’s lack of
sales through it’s website in comparison to other stores in the department store sector. The Selfridges website
has a poor conversion rate with only a third of visitors making a purchase, this will hinder Selfridges
performance during Autumn Winter 2014, as opposed to the fashion sector where “Mintel estimates that
online sales of clothing and footwear will increase by 14.5% to reach £10.7 billion in 2014.” (Mintel, 2014)
Page of7 19
8. 2.1 Comparison of Selfridges against Harvey Nichols
Harvey Nichols is the direct competitor of Selfridges within the UK with a similar offering in terms of product
and brands and also locations throughout the UK competing for the same demographic in some regions of
the UK, although Selfridges holds a larger percent of the department store retailing market share at 4.1%
and Harvey Nichols at 1.4% in 2013. If the lead of market share over it’s main competitor maintains its trend
throughout Autumn Winter 2014 Selfridges will stand strong and remain profitable without Harvey Nichols
becoming a direct threat. Selfridges and Harvey Nichols have very similar user share this also makes them a
strong competitors.
Page of8 19
Mintel, 2014 Department Store Retailing - 2014
2. Main BODY
9. 2.2 Selfridges and the Luxury Consumer
A luxury brand is described by a (Mintel, 2014) survey claims that 63% of adults deem luxury being defined
as superior craftsmanship and quality, 59% believe that exclusivity sets a luxury brands standard and 46%
feel that limited availability defines a luxury brand. Selfridges as a store cannot control the quality of the
clothing it’s brands sells but what it can control is the brands it sells and therefore the level of exclusivity it
offers recently launching “a new exclusive Eleven Paris collection featuring Kate Moss from March 2014 and
a capsule collection of T-shirts by well-known photographer David Bailey.” (Mintel, 2014) These kind of
exclusive collaborations is what will prepare Selfridges for a successful autumn/winter 2014.
With a broad range of luxury brands available in a single outlet the Luxury Consumer is being catered to in
that “the luxury consumer has evolved beyond the ‘head-to-toe designer clad single-brand loyalist’ to a
smart and savvy discerning consumer.” (Okonkwo, 2007) catering to the luxury consumer in this sense with the
hundreds of brands Selfridges offers Selfridges will be prepared for a profitable Autumn Winter 2014.
Although the online offering for Selfridges leaves a lot to be desired “The major of luxury consumers prefer to
shop in the physical stores in order to benefit from a complete product selection and also enjoy the luxury
retail atmosphere. However, other shoppings channels such as the internet and mobile shopping are gaining
influence in the luxury arena” (Okonkwo, 2007) this sort of evidence explains that the poor offering through
the Selfridges website shouldn’t greatly effect the retail performance during Autumn Winter 2014.
Luxury goods are bought as a treat/indulgence more so by women than men as stated through Mintel and
“Luxury consumers do not buy luxury fashion goods when they are required because the desire for luxury
goods is not fuelled by basic needs. Luxury products are ‘cravings’ and sometimes ‘wishes’, than than
functional needs, therefore there is a continuous yearning to possess them. Luxury goods are objects of
desire and desires exist on a container basis’. (Okonkwo, 2007) with Christmas being a time of self-
indulgence Selfridges are in the position to create a huge profit over the Autumn Winter 2014 period.
Page of9 19
10. Luxury consumers feel that “In addition to the store layout, the colour scheme that a brand adopts in its store
design is essential to its image and positioning” (Okonkwo,2007) with Selfridges having clear, instantly
recognisable branding through the use of canary yellow in store and on bags it appeases to the luxury
customers needs, also “… yellow is believed to be the colour of intellectual and mental
stimulation.” (Oknonkwo, 2007) this idea being conveyed to luxury consumers is important in that they are
now a “…smart and savvy discerning consumer” (Okonkwo, 2007) this use of a clear colour scheme will
allow Selfridges to outpace it’s competitors during Autumn Winter 2014 who lack a strong visual brand
identity.
2.3 Category Analysis
Selfridges:
Page of10 19
11. Harvey Nichols:
Creating a product and category analysis of Selfridges and Harvey Nichols allows us to compare which
brand has the better product and category range, better being described as the brand that caters to the
luxury demographic more. In the above hierarchy and charts it shows that Selfridges has a broader
category range with 7 different main categories opposed to the 4 within Harvey Nichols who don’t stock
kids or homeware. Specifically analysing luxury jumpsuits sold by both brands Selfridges has 20 options
available whilst Harvey Nichols only has 14 and at a lower average price. Selfridges also stocks on
average a larger size range, and also caters for size 18 women, with a better size range being important for
women (Mintel, 2014) Selfridges is more desirable than Harvey Nichols for the Luxury consumer in that they
are attracted to a brand having a broad selection of products. This will create a strong grounding for
Selfridges during the Autumn Winter 2014 against it’s main competitor.
Page of11 19
Brands Price
Range
Average
Price
Size Range Average
Size Range
Colours
Harvey
Nichols
16 £415-£1,300 £642 4-16 8-12 7
Selfridges 20 £410-£2,595 £770 4-18 8-14 6
12. 2.4 Product Analysis
Page of12 19
Retailer Harvey Nichols Selfridges
Product Name Metallic Zigzag Knit Jumpsuit Zadie Lace Jumpsuit
Photo
Promotional Feature M Missoni multicoloured fine knit
viscose blend jumpsuit
Cut to a flared silhouette with a v-neck
and concealed side pockets, this design
is complete with two concealed side
pockets
Size 6-14 4-16
Retail Price £695 £860
Country of Origin Unknown Unknown
Designer M Missoni Diane von Furstenberg
Construction
Fastenings Pulls on Concealed zip fastening at side
Design Features Signature metallic zigzag weave, twisted
neck, pointelle panelling, banded open
back, ribbed trims, partially lined.
V-neck, spaghetti straps, all-over crochet
with jewel embellishment, two slip pockets
at side, straight trousers, fully lined
Fabric Fabric1: 51% viscose, 39%polyamide, 7%
polyester, 3% metallised fibre; fabric2:
76% viscose, 15% polyamide, 8%
elastane, 1% metallised fibre; lining: 100%
polyester
84% nylon, 16% elastane; 68% triacetate,
32% polyester; lining 97% polyester, 3%
elastane
13. Page of13 19
Retailer Harvey Nichols Selfridges
Product Name Slate drape crepe jumpsuit Zadie Lace Jumpsuit
Photo
Promotional Feature Jenny Packham slate crepe jumpsuit Pretty knot detailing and a chic silk
panel embellish the front while a fitted
waistband makes it a flattering choice
for the most sophisticated of females.
Size 8-12 8-12
Retail Price £1960 £1775
Country of Origin Unknown Italy
Designer Jenny Packham Ellie saab
Construction
Fastenings Concealed zip and hook fastenings at
fron
Exposed zip fastening at back
Design Features Detachable crystal embellished waist
belt, wrap effect front, satin trimmed
sleeves, crystal embellished button
fastening cuffs, two side slant pockets,
pleats at trousers, ankle length, partially
lined.
Round neck, cap sleeves, knot detailing
at front neckline, keyhole at front, silk
panel at front, fitted waistband, two slip
pockets at sides, partially lined
Fabric 75% acetate, 25% viscose; lining: 100%
polyester
63% viscose, 34% acetate, 3% elastane;
100% silk; lining 57% viscose, 43%
polyester
14. Page of14 19
Retailer Harvey Nichols Selfridges
Product Name Creme Wool Jumpsuit Tuxedo Wool Jumpsuit
Photo
Promotional Feature Emilia Wickstead cream wool jumpsuit Cropped above the ankle with a
tapered leg and turn-up cuffs, this
impeccably tailored design is given a
polished finish with satin detailing at the
notch lapels and side panels.
Size 8-12 6-14
Retail Price £1300 £1895
Country of Origin Unknown Unknown
Designer Emilia Wickstead Alexander McQueen
Construction
Fastenings Concealed zip fastening at back Exposed button fastening and zip
fastening
Design Features High neck, cut-out back Satin notch lapels, long sleeves,
buttoned cuffs, welt pocket at chest,
waistband with belt loops, slip pockets
at side, satin panel at side of trousers,
tapered, pressed crease at centre, welt
pocket with button at back
Fabric 100% wool; lining: 100% silk 100% wool; 100% silk; 100% cupro
15. Page of15 19
Retailer Harvey Nichols Selfridges
Product Name Caroline embellished crepe jumpsuit Caroline embellished crepe jumpsuit
Photo
Promotional Feature Diane von Furstenberg black crepe
jumpsuit
Employ fashion's most sophisticated all-
in-one with the Caroline crepe jumpsuit
from Diane von Furstenberg. An alluring
choice for your next after-dark event, the
slim-fit trousers are balanced with a
wrap-style bodice while sequin and
jewel embellishments provide a
glamorous finish.
Size 6-14 4-16
Retail Price £525 £515
Country of Origin Unknown Unknown
Designer Diane von Furstenberg Diane von Furstenberg
Construction
Fastenings Concealed zip fastening at side Concealed hook-and-eye and zip
fastening at side
Design Features Crystal embellishments, satin and lace
trim, wrap effect front.
V-neck, spaghetti straps, overlay detail
at front, sequinned panels at front and
waistband, two slip pockets at side, slim-
fit trousers
Fabric 73% triacetate, 27% polyester; fabric2:
93% silk, 7% spandex; lining: 82%
polyester, 18% spandex.
73% triacetate, 27% polyester; 93% silk,
7% elastane; lining 82% polyester, 18%
elastane
16. Analysing a cross section of similar jumpsuits sold by Harvey Nichols and Selfridges creates an insight of
which brand has the ‘better’ product offering, better being defined for the luxury consumer as value for
money and range in offering. In this case Selfridges has the better offering in terms of value for money with
exact garments being sold for less i.e. the DVF caroline embellished crepe jumpsuit being £10 cheaper.
Fabrics, country of origin and design features which are visually apparent to consumers will help convert
shoppers, having them feel they are receiving good value for money with a superior quality product which is
an important factor for Luxury consumers. This analysis defines Selfridges as having a stronger product
offering in comparison to Harvey Nichols it’s main competitor, this will help Selfridges have a strong Autumn/
Winter 2014.
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Retailer Harvey Nichols Selfridges
Product Name Black and white printed jumpsuit Discovery star-print jumpsuit
Photo
Promotional Feature Issa black and white jumpsuit Detailed with an all-over star print, this
softly tapered jumpsuit from Vivienne
Westwood’s Anglomania collection
offers a striking trans-seasonal staple. Cut
with a round V-neck opening, the
capped sleeves and elasticated
waistband cater to a stylishly
comfortable fit.
Size 10-14 6-14
Retail Price £575 £550
Country of Origin Unknown Italy
Designer ISSA Anglomania
Construction
Fastenings Concealed zip fastening at side Exposed button fastening at front
Design Features Printed, scalloped trim, gathered front,
elasticated waist, wrap waist ties,
draped back.
Round neck with v-opening, cap sleeves,
elasticated waistband, belt at waist, all-
over star print, two slip pockets at front,
tapered trousers
Fabric 100% viscose 60% viscose, 40% silk
17. 3.1 SWOT Analysis
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Strengths Weaknesses
• Larger price range to cater for different level of
consumers from £36 to £2,595 in jumpsuit
category.
• Exclusive Selfridges only brands
• Less locations across the UK, creating higher
profits.
• Strong heritage and history, even having it’s own
TV show.
• Clear recognisable branding synonymous with the
canary yellow colour as opposed to other high
end department stores in this sector.
• Brands cater to sizes 14-18 in online store.
• Good size range in stock online
• One of few high-end department stores in the UK
• No own brand clothing, which has large
profitability
• UK only stores.
• Only regionally accessible to few UK Cities
• Poor eCommerce offering
Opportunities Threats
• Stock exclusive brands first
• Stock graduate fashion week first
• Sponsor graduate fashion week
• Stock more upcoming street brands such as 10
Deep and Black Scale to cater to the young
male demographic
• Better visual merchandising in provincial UK stores
• Better online offering
• Create own brand clothing
• Create flagship stores in New York, Dubai, Paris
and Hong Kong
• Stock new contemporary designs
• Competitors stocking exclusive brands first
• Competitors offering better promotions and
discounts
• Competitors offering better online services
• Brands pulling out of Selfridges due to better and
exclusive contracts with other stores
• Unfavourable press
• Fenwicks offering online service
3. CONCLUSION
18. 3.2 Conclusion and Recommendations
To conclude Selfridges have a strong standing against it’s competitors in the fight for customer share over
the Autumn/Winter 2014 due to it’s understanding of the luxury consumer and their need for variety and a
broad selection of brands to choose from. This enables the luxury consumer to feel that their product
selection is an intelligent choice, which is paramount in the luxury clothing sector (Okonkwo, 2007.) With a
strong heritage and branding Selfridges are also able to retain and attract new customers.
Selfridges online offering is suffering in comparison to other department store retailers, this could be
addressed for Autumn Winter 2014 by offering free postage and returns on items, this is key for consumers
who shop online (Mintel, 2014) even with this Selfridges could still face competition from Fenwicks if it were to
relaunch their online store for Autumn Winter 2014. With exclusivity being a key factor for luxury consumers
(Okonkwo, 2007) Selfridges should attain exclusive contracts with upcoming designers meaning they will be
the go to brand for consumers for that particular brand.
With such a longstanding heritage and synonymous canary yellow branding Selfridges should consider
launching stores in upcoming or traditionally ‘fashionable’ cities such as New York, Dubai, Paris and Hong
Kong, not only will this create revenue for the brand but will also create an even more recognisable brand
for tourists visiting the UK. With this clear brand identity Selfridges can create a very successful own brand
line of clothing, this brand should be mid-market in value as to not directly compete with it’s more luxury
labels it stocks. With Selfridges buyers having a wealth of knowledge of different brand production and
factories they will be able to quickly strike up great contracts and relationships with factories and begin the
production process quickly and efficiently.
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19. 3.3 References
Adamepolo, J. (2014). 20 Dope Streetwear Brands You Should Know About in 2014. [online] 7 Days
Theory. Available at: http://7daystheory.com/20-dope-streetwear-brands-know-2014/ [Accessed 10 Dec.
2014].
Clifford, E. (2011). Consumer Attitudes Towards Luxury Brands - UK - November 2011. [online]
Academic.mintel.com.ezproxy.mmu.ac.uk. Available at: http://academic.mintel.com.ezproxy.mmu.ac.uk/display/
545468/ [Accessed 7 Dec. 2014].
Limited, S. (2014). Designer Fashion, Accessories & More - Shop Online at Selfridges. [online]
Selfridges.com. Available at: http://Selfridges.com [Accessed 1 Dec. 2014].
Mercer, J. (2014). E-Commerce - UK - July 2014. [online] Academic.mintel.com.ezproxy.mmu.ac.uk. Available
at: http://academic.mintel.com.ezproxy.mmu.ac.uk/display/679707/ [Accessed 12 Dec. 2014].
Okonkwo, U. (2007). Luxury fashion branding. Basingstoke: Palgrave Macmillan.
Sender, T. (2014). Department Store Retailing - UK - April 2014. [online]
Academic.mintel.com.ezproxy.mmu.ac.uk. Available at: http://academic.mintel.com.ezproxy.mmu.ac.uk/display/
679627/ [Accessed 11 Dec. 2014].
Sender, T. (2014). Womenswear - UK - May 2014. [online] Academic.mintel.com.ezproxy.mmu.ac.uk.
Available at: http://academic.mintel.com.ezproxy.mmu.ac.uk/display/679833/ [Accessed 11 Dec. 2014].
Service-verdictretail-com.ezproxy.mmu.ac.uk, (2014). Selfridges. [online] Available at: https://service-
verdictretail-com.ezproxy.mmu.ac.uk/verdict/companies/department-stores/selfridges/summary/
article31735.ece [Accessed 15 Dec. 2014].
The Independent, (2014). Selfridges on The Independent. [online] Available at: http://
www.independent.co.uk/topic/Selfridges [Accessed 8 Dec. 2014].
3.4 Bibliography
Goworek, H. (2007). Fashion buying. Oxford: Blackwell Pub.
Jackson, T. and Shaw, D. (2001). Mastering fashion buying and merchandising management. Basingstoke:
Macmillan.
Levy, M., Weitz, B. and Grewal, D. (n.d.). Retailing management.
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