Critical and in-depth analysis of the brand and its characteristics with particular emphasis on the strategy adopted by the new Artistic Director Alessandro Michele.
Key points:
- Why is Gucci a disruptive brand? (3 main pillars)
- Why is Gucci a luxury brand?
- Analysis of the narrative and of the brand contract;
- Further recommendations.
The Apparel Group is a global fashion and lifestyle brand conglomerate residing on the crossroads of a modern economy - Dubai, UAE. The mercurial growth in the last 10 years has been by acquiring a host of world class fashion labels from around the world - Nine West, Tommy Hilfiger, Kenneth Cole, Aldo & Tim Hortons just to name a few.
Today the group caters to thousands of eager shoppers through its 700 & more stores, employing over 6500 multi cultural staff in over 4 continents. Apparel believes in turning dreams in to reality and we give everyone - our customers, our stakeholders, our employees - an equal opportunity to do so.
Critical and in-depth analysis of the brand and its characteristics with particular emphasis on the strategy adopted by the new Artistic Director Alessandro Michele.
Key points:
- Why is Gucci a disruptive brand? (3 main pillars)
- Why is Gucci a luxury brand?
- Analysis of the narrative and of the brand contract;
- Further recommendations.
The Apparel Group is a global fashion and lifestyle brand conglomerate residing on the crossroads of a modern economy - Dubai, UAE. The mercurial growth in the last 10 years has been by acquiring a host of world class fashion labels from around the world - Nine West, Tommy Hilfiger, Kenneth Cole, Aldo & Tim Hortons just to name a few.
Today the group caters to thousands of eager shoppers through its 700 & more stores, employing over 6500 multi cultural staff in over 4 continents. Apparel believes in turning dreams in to reality and we give everyone - our customers, our stakeholders, our employees - an equal opportunity to do so.
Course Emerging Threats and Counter measuresAPA, 600+ words.docxmelvinjrobinson2199
Course: Emerging Threats and Counter measures
APA, 600+ words
Chapter 6 discusses the concept of correlation. Assume that An agency has focused its system development and critical infrastructure data collection efforts on separate engineering management systems for different types of assets and is working on the integration of these systems. In this case, the agency focused on the data collection for two types of assets: water treatment and natural gas delivery management facilities. Please identify what type of critical infrastructure data collection is needed for pavement and storm water management facilities.
To complete this assignment, you must do the following:
As indicated above, identify what type of critical infrastructure data collection is needed for pavement and storm water management facilities.
Post 1
Brianna Villyard
Sunday29 Sep at 20:24
Manage discussion entry
Question 17-1: The chapter explains five international marketing orientations. Which one most applies to Tommy Hilfiger? Explain why.
The five common marketing orientations are; production, sales, customer, strategic marketing and social marketing. Strategic marketing applies to Tommy Hilfiger most. As discussed in the text by Daniels and Sullivan (2018), Tommy Hilfiger is committed to continually selling product in multiple countries. They discover the individual country’s wants for fashion and adapt to them, selling different clothing in different ways depending on the country. Therefore, Tommy Hilfiger shows their combination of production, sales and customer wants to develop their marketing strategy.
Question 17-2: The chapter explains five elements in the marketing mix (product, price, promotion, brand, and distribution). In which of these have Tommy Hilfiger’s operating practices been the most standardized globally? Explain why this has been possible and desirable (Daniels, Radebaugh, & Sullivan, 2018, Chapter 17).
When looking at the five elements in the marketing mix, Tommy Hilfiger’s operating practices has used brand as the most standardized globally. Tommy Hilfiger as mentioned in the text by Daniels and Sullivan (2018), had to purchase a cheap imitator company to keep the image of their brand in a positive light. Sehar, Ashraf and Azam state that a companies brand speaks to a person's image of how they want to be perceived or it pleases them. Tommy Hilfiger works diligently to find the image people in different countries react to and meets the target audiences wants.
Daniels, J. D., Radebaugh, L. H., & Sullivan, D. P. (2018). International business: Environments and operations (16th ed.). Retrieved from https://www.vitalsource.com/
Sehar, R., Ashraf, S. & Azam, F. (2019) The influence of social media’s marketing efforts on brand equity and consumer response. IUP Journal of Marketing Management. Retrieved from http://eds.b.ebscohost.com.proxy-library.ashford.edu/eds/pdfviewer/pdfviewer?vid=1&sid=3e7a7d5b-c790-48cc-beec-971921207b4f%40.
We were tasked with creating a strategic communications plan for a struggling brand. Through this presentation we created a new brand image and identified how we would use that to achieve the organization's objectives.
How did Gucci become the Luxury Symbol of the Fashion Industry? | The Enterpr...TEWMAGAZINE
In 1921, Guccio Gucci founded this Italian luxury fashion brand. Today, it is one of the most renowned and influential fashion brands. In this section, you will travel into the journey of Gucci and learn what made the brand successful.
Dolce&Gabbana specializes in expensive luxury items, is influenced more by designers and is more formal and 'timeless', responding to long-term trends rather than seasonal changes.
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Marketing, Marketing Strategies, Their Importance, Different Marketing Strategies with Examples, What is Marketing, Why Marketing is Important?, Why Marketing Strategies are Important?, Types of Marketing Strategies, Important and Famous Marketing Strategies, What is Ambush Marketing, Examples of Ambush Marketing, What is Guerrilla Marketing, Examples of Guerrilla Marketing, What is Offensive Marketing, Example of Offensive Marketing, what is Affinity Marketing, Examples of Affinity Marketing, What is Scarcity Marketing, Examples of Scarcity Marketing, What is Cause Marketing, Examples of Cause Marketing, What is Stealth Marketing, Examples of Stealth Marketing
Tommy Hilfiger+ Sustainability Awareness InitiativeLiz Chinchilla
A campaign developed to bring awareness to Tommy Hilfiger's customers on their corporate responsibility initiatives. Collaborative work, solely responsible for research, client relationship, idea development and content.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
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"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
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2. Table of Contents
Introduction to Tommy
and the Brand
Quiz
Timeline
Is it Tommy?
Short Clip
Current Marketing
Situation
Financial Performance
Competitive Analysis
PADR
Brand Prism
Marketing Mix
Brand Problems
Recommendations
Sources
3. Tommy and the Inspiration Behind the
BrandInspired by rock stars and The Beatles coming to
America
At this time, fashion and style had adopted a new image
Started wearing bellbottom jeans which sparked an idea
Began a line of denim under his own designs
Moved to New York, met Mohan Murjani and
launched Tommy Hilfiger in 1985
The start of a “casual revolution”
The creation of “bright colors and buttons”
Tommy’s sportier jeanwear and casual preppiness
made a statement which led to the company’s mantra
“classic American cool.”
6. TIMELINE
1969
Tommy’s career
in fashion began
while he was in
high school.
Tommy opens his
first store, People’s
Place, in his
hometown of Elmira,
New York.
1985
Tommy Hilfiger
introduces his
first men’s
sportswear
collection.
Billboard ad in
Times Square.
7. 1992
The company goes
public.
1994
Snoop Dogg helps
popularize the brand by
sporting a Tommy shirt on
Saturday Night Live.
1996
The women’s clothing
line launches at 400
major department
stores throughout the
U.S.
1998
Tommy opens a store
in London
8. 1999
The brand creates an ad
campaign focused on
the “Year of Music,”
featuring sensations
Britney Spears, Jewel,
Lenny Kravitz, and The
Rolling Stones.
2000
The company’s
stock drops 75%.
2003
Tommy Hilfiger steps
down as CEO and is
the principal
designer of the
company .
2006
The company suffers
financially and decides to
go private. It is acquired
by Apax Partners for $1.6
billion.
9. 2010
PVH Corp.
acquires the
Tommy Hilfiger
Group.
2014
Gary Sheinbaum
and Daniel Grieder
are appointed as the
new CEOs of Tommy
Hilfiger.
2016
The company
announces Gigi Hadid
as the Global brand
ambassador.
18. Lower-income consumers
Senior citizens
Brand Prism
What
For
Whom
When
Against Whom
Tommy Hilfiger
Classic American style
“Preppy with a twist”
Clothing, accessories, footwear,
eyewear, fragrances, home goods
Men, women
Children
Middle to upper class
18-40 years of age
Every day
Work
Special occasion
19. Marketing Mix
Product: Hilfiger and Hilfiger Denim
Tommy Hilfiger brand: sportswear for men and women,
eyewear, men’s tailored clothing, women’s dress
apparel, children’s apparel, handbags, perfume, home
goods
Hilfiger Collection: upscale womens attire
Hilfiger Denim: Casual apparel with a focus on premium
jeans for men and women, footwear, bags, accessories,
eyewear, and fragrance
Price: Tommy Line: avg. $125, Hilfiger Collection: avg.
$300, Denim Line: avg. $80
Place: 1,475 global stores, outlets, and specialty stores
Promotion: T.V. commercials, billboards, fashion shows
and social media initiatives
22. Tribal Hijacking and Chasing
Trends1992 – Rapper Grand Puba calls Tommy
Hilfiger “top gear.”
Tommy embraces the hip-hop
community’s love of his clothing.
1994 – Snoop Dogg wears a Tommy rugby
shirt on Saturday Night Live.
1996 – Tommy Jeans launches, as well as
a women’s line inspired by Aaliyah.
2000s – Rappers begin to abandon
Tommy for similar brands launched by
fellow artists.
23. Bad Press and Lack of Inclusion
In 1996 a chain email stating that Tommy Hilfiger
had appeared on Oprah and made racist remarks
began circulating.
“I wish those people would not buy my clothes -
they were made for upper-class whites.”
In 2007 Hilfiger appeared on Oprah, where it was
confirmed that he had never appeared on the show
before.
In 2016 sensationalist headlines proclaimed that
Tommy said that Gigi Hadid was too fat to walk in his
show.
24. Other Issues
Going from private to public
Going public led to over supplying the demand
Went private again in 2006, selling the company to Apex and then to PVH Corp in 2010
Led to unconventional restructuring changes such as: raised prices, smaller clothing, alienating
customers and cutting off stores
International success despite being an “all-American“ brand
Growth from the past years has been credited towards Int’al sales
North America sales (-10%) and revenue (-5%)
International sales (+8%) and revenue (+11%)
Factory fire in Bangladesh
2012 fire led to the death of 29 workers
Afterwards the company committed to $1 million to improve safety standards
25. Recommendations
More ambassadors
More diversity, less risk of
associating brand with just one
person
Recommended ambassadors: Drake
and Jourdan Dunn
Stick to USP: “classic American
cool” brand.
Choose a one-word equity.
Don’t chase trends and scale back
on overbranding..
Instagram: 30.5m followers
Twitter: 34.3m followers
Instagram: 1.9m followers
Twitter: 277k followers
26. Sources
Bells, S. (2016, May 27). PVH’s Tommy Hilfiger Gets Boost from Strong International Sales. Retrieved December 07, 2016, from
http://marketrealist.com/2016/05/pvhs-tommy-hilfiger-gets-boost-strong-international-sales/
Bielfuss, Lisa. (2016, August 18). Perry Ellis to Close 15 Stores, as Retailer Posts Wider Loss. Retrieved December 3, 2016, from
http://www.wsj.com/articles/perry-ellis-to-close-15-stores-as-posts-wider-loss-1471523673
Fisher, L. A. (2016, October 26). Gigi Hadid & Tommy Hilfiger's Design Collaboration Will Continue for Spring 2017. Retrieved December 07, 2016, from
http://www.harpersbazaar.com/fashion/designers/news/a18411/gigi-hadid-tommy-hilfiger-spring-2017/
Fitzpatrick, Hayley. "One of the Top '90s Brands Recovered from a Horrible Crash, and Sales Are Soaring." Business Insider. N.p., 16 June 2015. Web. 07
Dec. 2016.
Gerstein, J. (2016, November 2). Tommy Hilfiger Said Gigi Hadid Wasn’t Thin Enough To Walk In His Fashion Show. Retrieved November 3, 2016, from
https://www.buzzfeed.com/juliegerstein/gigi-hadid-was-too-fat-to-walk-in-a-tommy-hilfiger-show-said?utm_term=.fcdG3E1aO#.kkApZka3r
Johnston, R. (2015, September 25). How a billboard transformed Tommy Hilfiger. Retrieved December 1, 2016, from http://www.gq-
magazine.co.uk/article/tommy-hilfiger-success-billboard
Long, H. (2016, February 26). Michael Kors' Secret to Success. Retrieved November 30, 2016, from http://money.cnn.com/2016/02/26/investing/michael-
kors-stock-comeback/
Mau, D. (2012, March 21). Tommy Hilfiger Admits to Still Using Unsafe Factories, Commits $1 million to Improving Safety Standards. Retrieved December
07, 2016, from http://fashionista.com/2012/03/tommy-hilfiger-admits-to-still-using-unsafe-factories-commits-1-million-to-improving-safety-standards
O'Connor, Clare. "Turnaround Tommy: How Hilfiger's Once-Dead Brand Had Its Biggest Year Ever." Forbes. N.p., 10 Dec. 2014. Web. 07 Dec. 2016.
PVH Corp. (2016). Retrieved November 15, 2016, from https://www.pvh.com/
Sanchez, K. (2016, August 22). Top Gear: The Oral History of Hip-Hop's Love Affair With Solari. Feb 2, 2015 2:03 Pm EST, Santiago. "Tommy Hilfiger-the
Proven Lifestyle Brand." Tommy Hilfiger-the Proven Lifestyle Brand - Market Realist. N.p., 2 Feb. 2015. Web. 07 Dec. 2016.
Suddath, Claire. "Tommy Hilfger Q&A: The Rise and Fall and Rise of a Man and His Brand." Bloomberg.com. N.p., 18 Apr. 2014. Web. 07 Dec. 2016.
Tommy Hilfiger. Retrieved October 29, 2016, from http://www.complex.com/style/2016/08/tommy-hilfiger-hiphop-oral-history
"Tommy Hilfiger Global | MANAGEMENT." Tommy Hilfiger Global. N.p., n.d. Web. 07 Dec. 2016.
TOMMYxGIGI Youtube ad: https://www.youtube.com/watch?v=ccLMtBM_0ZY