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ELEVATIONAdrianQuinonesRivas,AndrewFischer, Jamie Sevenish
The
Consumer
Profile
Demographics
• Millennials andGen Z
• FashionConscious/On-Trend
• Willingness tospendon anew brand
• Income:$50,000-100,000
• Education:Bachelor’sandMaster’sDegree
• Location:Urban/Professional
Psychographics
• Value-Based
• Caresaboutsustainability
• Likestokeep up appearances
• Enjoysa seamlesstransitionfromworktosocial
• Favorsquality
• Career-Driven
• Liberal/Open-Minded
Competitor Research
Eileen Fisher
• Is knownforher easyflowing andupscaleapparel
andfootwear
• Footwearis knownforitscomfortandfashion
forwardstyles
• Specificstylessheis knownforareflats,knit
booties,andpumps
Stella McCartney
• Isknownforherhigh-end sustainability
fashion
• Footwearis elevatedbutplatformsneakers
havegoneon tobeher trendingshoe
• In 2017,McCartneywas thefirstever
recipient ofthe SpecialRecognitionAward
forInnovationatthe 2017FashionAwards
Theory
• Is knownfortheir qualityandsustainabilityefforts
• Footwearis knownfortheirclassicsilhouettes:
• Wedges
• Boots
• Slingbacks
• Loafers
Reiss
• Isknownfortheirmid tolowerpriced
shoes(around$150)thatarestill really
goodqualityandstylish
• Specificstylessuch asloafers,pumps,and
bootsaretheirspecialty
Jeffrey Campbell
• Is knownforhis unique twistonfashionable
trendsin shoes
• Specific styleshe isknownforareloafers,
pumps,andboots
Marc Fisher
• Is knownforhis classictakeonpumps,
slingbacks,andboots
• His shoesaresupercomfortable,high
quality,andtheyarealwayson trend
Trend
Research &
Concept
Ourshoes blend three trends: platform sneakers, heeled loafers, and sustainability. While the upper
will bemade using high quality alternative leather, the platform of the shoe as well as the packaging of
ourproducts will bemade using recycledmaterials. We will also want to bean LLC business as that
specific style of running a business works well for a new brand for both ethics and tax purposes.
The Platform
Sneaker
Notedsneakertrendfor2020
Chic newclassiclookthatis
easiertowalkin thansky-
high heels
Picturedis oneofGucci’s
mostpopularplatformshoes
x
The Heeled
Loafer
Reminiscentof the60's,
the heeledloaferbrings
backapreppylookwith a
moderntwist(Saldana,
2019)
Mentioned in WGSN’s
footwearS/S20 buyer’s
briefing
Top, from left to right:
ToryBurch, Prada,
Fendi
Bottom, fromleft to
right: Gucci, Lanvin,
Louis Vuitton
SS20
Sustainability
• Likein 2019,sustainabilityremains avery hottopicin 2020
• 77%of respondentsofaglobal survey saytheyareworried
aboutthe damagethathumanscausetothe planet
• According toareportfromWGSN,brandsshouldfocusmore
onhow tocommunicatevalue andjustifyhigher pricedgoods
thataremoresustainable(Marian,2020)
• A studybyMcKinsey in theUS foundthat70%ofconsumers
wouldbewilling, in somecategories, topaya 5% premiumfor
productsthathavesustainableattributes
• Had anannualprofit(in 2017)of $54Million (Hoovers, 2019)
• Had asale-yeargrowthof2.08%(Hoovers, 2019)
• Uses theEnvironmentalProfitandLosstomeasurethe company’simpact
onthe environment
• Byusing this tool,theyfoundthatthe companymade6.97 million euros
fromits environmentalefforts(Stella McCartney,n.d.)
• Main driver ofresults hasbeen adecreasein productionofrawmaterials
(Stella McCartney,n.d.)
• In ordertoboosttheirenvironmentalefforts,StellaMcCartneyhas
decided tomakesurethe wooltheyutilizeis cultivatedfromthe highest of
qualityandis ofupmoststandardsin theircultivating farms(Stella
McCartney,n.d.)
Sustainable Competitors
• Theyalsohavedecided to partnerwithBoltThreads,a companythat
makesmanufacturedsilk fromyeastandsugar(Stella McCartney,n.d.)
• In herlatestcollaborationwithAdidas,StellaMcCartney’sshoeswere
madeoutof 50%recyclable material(Farra, 2019)
• The 4-Dprintedshoein thatcollection wasreportedtohaveproduced
zerowaste(Farra,2019)
• Utilizesvegan leather, re-engineered cashmere,forestfibres,furfreefur,
organiccotton,andrecycled nylonandpolyesterin all herproducts(Stella
McCartney,2019)
Sustainable Competitors
• Had annualsalesof$283Million in 2018(Hoovers, 2019)
• An articlein Forbes magazinestatesthat“Eileen Fisheris arguablythe leaderin
sustainablefashion”(Samaha,2018,para.1).
• Uses afelting machine thatonlyautomotivecompaniesusein ordertostitch
togetherfabricswiththe useofbarbneedles (Samaha,2018)
• Has its“RenewInitiative,”a programwherethe companybuysconsumers’
usedclothingandeitherre-sells themor uses thefabricstocreatea new piece
altogether(Samaha,2018)
• Utilizesorganicfibers, recycled fibers,andsustainablefibers(Eileen Fisher,
2019)
• PartnerswithNativeenergy in ordertodecreaseitsoverall CO2emissions as a
company
• Utilizesmoreorganicfarmingandbydoing so,haslowered its waterusageby
20%(Eileen Fisher, 2019)
Sustainable Competitors
Materials
Piñatex Leather
• Naturaltextilemade frompineappleleaf fibre(Pinatex,
2019)
• Is sustainablysourced, madefromnaturalpineapple
leaves thatwouldotherwisebewaste,low waterusage,
low productionwaste,andhasno chemical oranimalby-
products(Pinatex,2019)
• Createsa newsourceofincome forpineapple farmers
fromthe moneytheyget byselling pineapple leaves
(Pinatex,2019)
PlatformSneakerSpec
MuleBucklePlatform
OxfordHeeledLoafer
Bill of
Materials
Line Sheet
References
• Croft,C. (2019, August14).Stella McCartneyWins A NewAwardForHerLifelong Stance.RetrievedApril 28,2020,from
https://www.vogue.co.uk/article/stella-mccartney-wins-british-fashion-awards
• Eileen Fisher.(2019). WhatWeDo.Retrievedfromhttps://www.eileenfisher.com/what-we-do?country=US
• Farra,E. (2019,February15).StellaMcCartneySoundsOffonSustainability,FauxLeather,andtheLackofHonestyAroundBoth.
RetrievedApril28, 2020,fromhttps://www.vogue.com/article/stella-mccartney-sustainable-fashion-leather-conversation
• Hoovers.(2020). StellaMcCartneyCorporation.Hoovers CompanyProfiles.RetrievedfromD&BHoovers database.
• Hoovers.(2020). Eileen FisherCorporation.Hoovers CompanyProfiles.RetrievedfromD&BHoovers database.
• Pinatex.(2019). Responsibility.RetrievedApril 28,2020,from https://www.ananas-anam.com/responsibility/
• Samaha,B.(2018, August30).How Eileen Fisher's DesignWorkInitiativeIs EffectivelyStrengtheningSustainabilityIn Fashion.Retrieved
April 28,2020,from https://www.forbes.com/sites/barrysamaha/2018/08/28/best-sustainable-fashion-companies-eileen-fisher-
designwork/#1101d2954b67
• StellaMcCartney.(2020). StellaMcCartney.RetrievedApril28, 2020,from https://www.stellamccartney.com/us

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Product Development- Elevation Platform Shoes

  • 2. The Consumer Profile Demographics • Millennials andGen Z • FashionConscious/On-Trend • Willingness tospendon anew brand • Income:$50,000-100,000 • Education:Bachelor’sandMaster’sDegree • Location:Urban/Professional
  • 3. Psychographics • Value-Based • Caresaboutsustainability • Likestokeep up appearances • Enjoysa seamlesstransitionfromworktosocial • Favorsquality • Career-Driven • Liberal/Open-Minded
  • 4. Competitor Research Eileen Fisher • Is knownforher easyflowing andupscaleapparel andfootwear • Footwearis knownforitscomfortandfashion forwardstyles • Specificstylessheis knownforareflats,knit booties,andpumps
  • 5. Stella McCartney • Isknownforherhigh-end sustainability fashion • Footwearis elevatedbutplatformsneakers havegoneon tobeher trendingshoe • In 2017,McCartneywas thefirstever recipient ofthe SpecialRecognitionAward forInnovationatthe 2017FashionAwards
  • 6. Theory • Is knownfortheir qualityandsustainabilityefforts • Footwearis knownfortheirclassicsilhouettes: • Wedges • Boots • Slingbacks • Loafers
  • 7. Reiss • Isknownfortheirmid tolowerpriced shoes(around$150)thatarestill really goodqualityandstylish • Specificstylessuch asloafers,pumps,and bootsaretheirspecialty
  • 8. Jeffrey Campbell • Is knownforhis unique twistonfashionable trendsin shoes • Specific styleshe isknownforareloafers, pumps,andboots
  • 9. Marc Fisher • Is knownforhis classictakeonpumps, slingbacks,andboots • His shoesaresupercomfortable,high quality,andtheyarealwayson trend
  • 10. Trend Research & Concept Ourshoes blend three trends: platform sneakers, heeled loafers, and sustainability. While the upper will bemade using high quality alternative leather, the platform of the shoe as well as the packaging of ourproducts will bemade using recycledmaterials. We will also want to bean LLC business as that specific style of running a business works well for a new brand for both ethics and tax purposes.
  • 11. The Platform Sneaker Notedsneakertrendfor2020 Chic newclassiclookthatis easiertowalkin thansky- high heels Picturedis oneofGucci’s mostpopularplatformshoes
  • 12. x The Heeled Loafer Reminiscentof the60's, the heeledloaferbrings backapreppylookwith a moderntwist(Saldana, 2019) Mentioned in WGSN’s footwearS/S20 buyer’s briefing Top, from left to right: ToryBurch, Prada, Fendi Bottom, fromleft to right: Gucci, Lanvin, Louis Vuitton SS20
  • 13. Sustainability • Likein 2019,sustainabilityremains avery hottopicin 2020 • 77%of respondentsofaglobal survey saytheyareworried aboutthe damagethathumanscausetothe planet • According toareportfromWGSN,brandsshouldfocusmore onhow tocommunicatevalue andjustifyhigher pricedgoods thataremoresustainable(Marian,2020) • A studybyMcKinsey in theUS foundthat70%ofconsumers wouldbewilling, in somecategories, topaya 5% premiumfor productsthathavesustainableattributes
  • 14. • Had anannualprofit(in 2017)of $54Million (Hoovers, 2019) • Had asale-yeargrowthof2.08%(Hoovers, 2019) • Uses theEnvironmentalProfitandLosstomeasurethe company’simpact onthe environment • Byusing this tool,theyfoundthatthe companymade6.97 million euros fromits environmentalefforts(Stella McCartney,n.d.) • Main driver ofresults hasbeen adecreasein productionofrawmaterials (Stella McCartney,n.d.) • In ordertoboosttheirenvironmentalefforts,StellaMcCartneyhas decided tomakesurethe wooltheyutilizeis cultivatedfromthe highest of qualityandis ofupmoststandardsin theircultivating farms(Stella McCartney,n.d.) Sustainable Competitors
  • 15. • Theyalsohavedecided to partnerwithBoltThreads,a companythat makesmanufacturedsilk fromyeastandsugar(Stella McCartney,n.d.) • In herlatestcollaborationwithAdidas,StellaMcCartney’sshoeswere madeoutof 50%recyclable material(Farra, 2019) • The 4-Dprintedshoein thatcollection wasreportedtohaveproduced zerowaste(Farra,2019) • Utilizesvegan leather, re-engineered cashmere,forestfibres,furfreefur, organiccotton,andrecycled nylonandpolyesterin all herproducts(Stella McCartney,2019) Sustainable Competitors
  • 16. • Had annualsalesof$283Million in 2018(Hoovers, 2019) • An articlein Forbes magazinestatesthat“Eileen Fisheris arguablythe leaderin sustainablefashion”(Samaha,2018,para.1). • Uses afelting machine thatonlyautomotivecompaniesusein ordertostitch togetherfabricswiththe useofbarbneedles (Samaha,2018) • Has its“RenewInitiative,”a programwherethe companybuysconsumers’ usedclothingandeitherre-sells themor uses thefabricstocreatea new piece altogether(Samaha,2018) • Utilizesorganicfibers, recycled fibers,andsustainablefibers(Eileen Fisher, 2019) • PartnerswithNativeenergy in ordertodecreaseitsoverall CO2emissions as a company • Utilizesmoreorganicfarmingandbydoing so,haslowered its waterusageby 20%(Eileen Fisher, 2019) Sustainable Competitors
  • 17. Materials Piñatex Leather • Naturaltextilemade frompineappleleaf fibre(Pinatex, 2019) • Is sustainablysourced, madefromnaturalpineapple leaves thatwouldotherwisebewaste,low waterusage, low productionwaste,andhasno chemical oranimalby- products(Pinatex,2019) • Createsa newsourceofincome forpineapple farmers fromthe moneytheyget byselling pineapple leaves (Pinatex,2019)
  • 22. References • Croft,C. (2019, August14).Stella McCartneyWins A NewAwardForHerLifelong Stance.RetrievedApril 28,2020,from https://www.vogue.co.uk/article/stella-mccartney-wins-british-fashion-awards • Eileen Fisher.(2019). WhatWeDo.Retrievedfromhttps://www.eileenfisher.com/what-we-do?country=US • Farra,E. (2019,February15).StellaMcCartneySoundsOffonSustainability,FauxLeather,andtheLackofHonestyAroundBoth. RetrievedApril28, 2020,fromhttps://www.vogue.com/article/stella-mccartney-sustainable-fashion-leather-conversation • Hoovers.(2020). StellaMcCartneyCorporation.Hoovers CompanyProfiles.RetrievedfromD&BHoovers database. • Hoovers.(2020). Eileen FisherCorporation.Hoovers CompanyProfiles.RetrievedfromD&BHoovers database. • Pinatex.(2019). Responsibility.RetrievedApril 28,2020,from https://www.ananas-anam.com/responsibility/ • Samaha,B.(2018, August30).How Eileen Fisher's DesignWorkInitiativeIs EffectivelyStrengtheningSustainabilityIn Fashion.Retrieved April 28,2020,from https://www.forbes.com/sites/barrysamaha/2018/08/28/best-sustainable-fashion-companies-eileen-fisher- designwork/#1101d2954b67 • StellaMcCartney.(2020). StellaMcCartney.RetrievedApril28, 2020,from https://www.stellamccartney.com/us