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Chanel Brand Pitch

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Chanel Brand Pitch

  1. 1. CHANELABOUT THE ICONIC BRAND A STORY Ingrid Harb & J. Ademar Perez CHANEL Brand Pitch February 29, 2016
  2. 2. Introduction ● BACKGROUND: A BRIEF HISTORY ● BRAND CREATION & POSITIONING ● BRAND BUILDING ● CONCLUSIONS & RECOMMENDATIONSHAUTE COUTURE READY- TO-WEAR LUXURY GOODS FASHION ACCESSORIES Presentation Overview LITTLE BLACK DRESS NO. 5 CHANEL SUIT
  3. 3. A Brief History Founder: Gabrielle Bonheur “Coco” Chanel ● 1883: Gabrielle is born in Saumur, France ● 1910: Chanel opens first shop; sells hats ● 1971: Chanel dies ● 1978: CHANEL brand expands globally; has first “ready-to-wear” collection ● 1925: Chanel designs iconic logo; debut of CHANEL suit ● 1983: Karl Lagerfeld appointed Artistic Director ● 1926: Debut of Little Black Dress ● 1921: CHANEL No. 5 is introduced ● 1924: First line of cosmetics introduced ● TODAY: CHANEL sells jewellery, ready-to-wear, and more in Asia, Europe, the Middle East, North and South America, and Oceania. Headquartered in Paris, France
  4. 4. Brand Relationships BLEU DE CHANEL ALLURE HOMME ÉGOÏSTE PLATINUM ÉGOÏSTE POUR MONSIEUR ANTAEUS POUR HOMME Nº5 COCO MADEMOISELLE CHANCE CHANCE EAU VIVE CHANCE EAU FRAÎCHE CHANCE EAU TENDRE COCO NOIR COCO Nº19 ALLURE ALLURE SENSUELLE CRISTALLE GARDÉNIA... Monolithic Endorsed SWIMWEAR Independent
  5. 5. Customer-Based Brand Equity Identity Meaning Response Relationships A high-fashion house Luxury Fashion Brand Overrated Brand Haute couture, ready-to-wear, luxury goods, and fashion accessories A symbol of wealth, accomplishment, and aspirations A symbol of class division “Chanel is above all a style.” -Coco Chanel Stylish, classic, timeless, elegant Over-priced, questionable quality, common The ultimate house of luxury now and forever Strong customer-loyalty with this extreme No consumer relationship with this extreme BM CS
  6. 6. Competitive Framework of Reference 18 TO 40 YEARS OLD Target Consumer ● People who love fashion ● Desire to display uniqueness ● High-Income, usually ● International Similarities HIGH FASHION HOUSES ACCESSORIES & LUXURY GOODS Differences STYLE PLACE OF ORIGIN “Chanel is above all a style.” -Coco Chanel Brand Mantra Competitors
  7. 7. Brand Elements Memorability Meaningfulness Likability Transferability Adaptability Protectability Interlocking Cs are unique; distinct shape inherently memorable Black colour represents elegance, elitism, and wealth Cs and “Chanel” brand name are beloved amongst consumers Both brand name and Cs are used on clothing, packaging, jewellery, and more May be no need to update; hasn’t changed (May upset consumer base if changed) Globally successful brand; counterfeited often
  8. 8. Tactical Contributions to Brand Elements Brand Name Unique, memorable, and simple URLs Logos Packaging www.chanel.com Extensions for stores in Asia, Europe, the Middle East, North and South America, and Oceania The logo hasn’t changed since Coco Chanel designed it in 1925 (Occasionally Cs are encased in a circle)
  9. 9. Places Licensing People Secondary Brand Associations & Sources Carole Bouquet Catherine Deneuve Inès de La Fressange Nicole Kidman Keira Knightley Marilyn Monroe Gisele Bündchen Vanessa Paradis Audrey Tautou Gaspard Ulliel FRANCE CoO ● Europe ● Asia ● Middle East ● North America ● South America ● Oceania Employees: 10,000+ July 24, 2014
  10. 10. Conclusions and Recommendations Strengths Weaknesses Opportunities Threats Recommendations: ● Don’t allow brand to be diluted ● Expand into Africa as more nations become developed ● Strong Global presence ● Strong brand associations ● Constant Reinvention ● Established base of timeless inspirational characters ● Art Directors don’t live forever ● Highly competitive market with little differences between competitors ● Further brand expansion, especially in Africa ● A more robust online store ● Continued growth of counterfeit products ● Overall decline in luxury goods purchases
  11. 11. REFERENCES ● https://www.facebook.com/chanel/info/?tab=page_info ● https://corporatebrands.wordpress.com/chanel/ ● https://wakibullah.wordpress.com/2012/11/05/hello-world/ ● http://www.biography.com/people/coco-chanel-9244165#fashion-pioneer ● http://retailindustry.about.com/od/retailbestpractices/ig/Company-Mission-Statements/Chanel-Co mpany-Mission-Statement.htm ● http://www.luxottica.com/en/luxottica-and-chanel-announce-new-license-agreement-0

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