Flaunting Logos Is Making A Fashion Comeback
Fashion goes in cycles, and it looks like a flashy one is coming back into
vogue: showing off brand logos.
Upscale handbag label Coach is one telling example. Its Signature logo C
line, which at its peak accounted for 70% of its global retail sales before
crashing in popularity and being retired, is about to be relaunched in
March.
“What we are seeing there is a part of global movement in luxury brands
toward a higher penetration of logo product,” Josh Schulman, CEO and brand
president of the Coach brand, said on a conference call Tuesday, when Coach
parent Tapestry, which also owns Kate Spade and Stuart Weitzman fashion labels,
reported better-than-expected second quarter results.
However, Schulman is not oblivious to the brand’s painful logo lesson: When
the C logo line became ubiquitous, it lost its aura of exclusivity and ended up
hurting Coach's brand image and sales. The company embarked on a turnaround that
included the 2013 hiring of British fashion designer Stuart Vevers as its
executive creative director and the 2016 signing of pop star Selena Gomez as
brand ambassador. The logo collection all but disappeared from Coach’s retail
assortment and marketing campaigns, Schulman has said.
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