SlideShare ist ein Scribd-Unternehmen logo
1 von 31
Jimmy Choo
Brand Strategy
Casey Huth, McKynlie Drummond, Lauren Conn, and Kiesha Burr
Company History
 The Jimmy Choo Company was founded
by both Jimmy Choo and his niece,
Sandra Choi, his creative director.
 First brick and mortar store opened in
1996 on Motcomb Street in London.
 In 1998, Jimmy Choo expanded to the
U.S., opening two stores in New York and
Beverly Hills, CA.
 Expansion continued in well known
places like, London, Paris, Rome, and
Tokyo.
 Jimmy Choo departed company in 2001
Company history (3 slides)
 An iconic luxury lifestyle brand defined by an empowered
sense of glamour and a confident sense of style
 Has a goal of creating a global luxury business
 Attracted outside investment, embarked on expansion across
product categories, channels, and geographies
 Jimmy Choo have more than 150 store in 32 countries and is
present in the most prestigious department and specialty
stores worldwide
 Today Jimmy Choo encompasses a complete luxury
lifestyle brand. Women’s shoes remain the core product,
along with handbags, small leather goods, scarves,
sunglasses, eyewear, belts, fragrances, and men’s shoes
 As of July 2012, CEO, Pierre Denis and Creative Director,
Sandra Choi work together to obtain their vision to create
one of the world’s most treasured luxury brands.
Tamara Mellon
 Born Tamara Yeardye in
London, England
 Founder and president of
the Jimmy Choo brand
 Described as smart,
glamorous, wealthy, and a
jet-set lifestyle
 Mellon is one of the most
prolific faces in the fashion
industry
Tamara Mellon
 Mellon’s business technique, which
has proved strikingly successful, is to
become a walking, talking,
advertisement for her brand
“At the end of the day, the person who has the money has the
control.’ ‘I may not have the stereotypical head for business but I have
feet that were made for heels.” Tamara M.
Jimmy Choo
➵ Jimmy Choo was born in Penang, Malaysia in 1961 into a family of shoe makers. He made his first
shoe when he was only 11 years old.
➵ Choo's humble beginnings can be traced back to his workshop in Hackney, East London, which he
opened in 1986 by renting an old hospital building.
➵ His craftsmanship and designs soon became noticed and he came to the verge of international fame
when his creations were featured in a record eight pages in a 1988 issue of Vogue magazine.
➵ Jimmy Choo himself is no longer connected with the shoe designing house which he founded in
1996.
➵ In April 2001, he had sold 50 % interest in his company to Tamara Yeardye Mellon, former UK
Vogue accessories editor. Jimmy Choo was then a partner but was not involved in running the
business.
Jimmy Choo
• The Jimmy Choo London line, also known as Jimmy Choo ready-to-wear run
by Tamara Mellon and Sandra Choi.
• The ready-to-wear line has expanded to include accessories such as handbags.
• Choo now resides chiefly in London. He is involved in a project to set up a
shoemaking institute in his country of birth Malaysia, where his iconic status is
often evoked to inspire budding shoemakers and fashion designers.
Brand Values
The Jimmy Choo’s Brand values:
- Providing top quality products for their consumers
- Being ethically responsible with how they make the products
- Create organizations to help those in need
Jimmy Choo Foundation
• Launch in 2011 to offer women the confidence and
optimism to dream and achieve
• The foundation is prompted by the growing
recognition that if we as a society are to be
successful in progressing economically, morally,
and philosophically, we need to educate and
empower women
• Focuses on women abuse: sex trafficking,
prostitution, gender-based violence, maternal
health, building confidence and independence
through education and economic opportunity
• Through this foundation, increases chance for
education, raises economic productivity, reduces
infant mortality according to UN development
Programme (UNDP)
Business Model
• Interview with Pierre Denis (CEO) April 11, 2013
• “Shoes are the core of our business and brand and always
will be but there is a demand from our customers for more
ways to wear and experience Jimmy Choo. The
diversification of our product categories has been an organic
one, each element feels right and allows us to deliver more
to existing customers whilst introducing Jimmy Choo to a
new, younger audience via fragrance and eyewear.”
Pierre Denis Interview (ctd.)
• “America remains the largest market globally for Jimmy Choo, with a
department store and retail presence.”
• “We are experiencing strong like for like growth in Europe, as well as our
other main markets. That said our biggest growth opportunity is in Asia where
we have a plan to achieve a presence commensurate with that in the West over
time. It is also worth highlighting Japan which is really one of our biggest
success stories registering one of our highest growths in the world. And, of
course, our ecommerce business has been the fastest growing channel for us
during the past few years.”
Brand Extension
• Jimmy Choo is not only known for his shoes
but these other accessories:
• Sunglasses
• Handbags
• Perfumes
Co-Branding
• Jimmy Choo’s decision to partner with fashion
retailer H&M and Australian boot maker Uggs
was his way to reach into a different
demographic.
• These partnerships translate to the consumer as
attainable.
• This was a great move to broaden his reach.
Co-Branding
"How to build a successful international Luxury Brand in less than 10 years and
create a business worth 900 million dollars in less than 15 years?"
3 MOTIVATIONS
➵ SELF ASSERTION
➵ DIFFERENTIATION
➵ GENUINE APPRECIATION FOR PRODUCT
EXCELLENCE
THE 8 P’S OF LUXURY BRAND MARKETING
➵ PERFORMANCE
➵ PEDIGREE
➵ PAUCITY
➵ PERSONA
➵ PUBLIC FIGURES
➵ PLACEMENT
➵ PR
➵ PRICING
➵ PERFORMANCE
At a product level, fundamentally it must satisfy the functional
and utilitarian characteristic as well as deliver on its practical
physical attributes
Must have quality & design excellence ingredients
➵ craftsmanship
➵ precision
➵ materials
➵ high quality
➵ unique design
➵ extraordinary product capabilities
➵ technology & innovation.
➵ PEDIGREE
Many luxury brands have a rich pedigree and extraordinary history that turn in to an
inseparable part of the brand’s mystique. This mystique is generally built around the
exceptional legendary founder character of the past, making up an integral part of the
brand story and brand personality.
➵PAUCITY
Over-revelation-and-distribution of luxury brand can cause dilution of luxury character, hence
many brands try to maintain the perception that the goods are scarce.
Natural paucity is triggered by scarce ingredients like platinum, diamonds, etc. and/or those
goods that require exceptional human expertise, for example handcrafted quality that constraints
the mass production.
Technology-driven paucity is as a result of conception-time involved in continuous innovation
and research-&- development process.
Tactical- driven paucity are more promotional in nature such as the limited editions or the special
series to generate artificial desire and demand.
➵ PERSONA
The persona of a luxury brand is the brand’s communication through its advertising and
the consumer’s understanding of its projection.
The visual brand identity captures the brand’s personality, mystique & emotional values
in a nutshell.
The distinct and consistent orchestration of the identity is central to establishing the
visibility, familiarity & common identifiable brand imagery.
➵ the brand colors
➵ design elements like icons & logo
➵ identifiable design
➵ branded environment
➵ tone-of-voice.
➵ PERSONA
At an overall level, luxury advertising messages can be observed:
➵ As more emotional and sensual to distance it from mass-premium brands
➵ Create a world and an aura that is truly exceptional to their brand signature
➵ Generate major differentiation in its production and execution
➵ PUBLIC FIGURES
• Not only does the public figure’s associated values and personality have to resonate with that of the
luxury brand’s aura, but there’s a distinct difference in the way celebrity role is crafted, executed and
strategically utilized.
• Accessorization or dressing celebrities on the red carpet
• Celebrity invites to special events
• This strategy attempts to remove the appearance of “selling” while still promoting the product by
making it seem as a part of the celebrity’s lives, thereby positively affecting consumer’s attitudes,
brand value & purchase intention.
• Long-form-commercials / short-films have also utilized the celebrity-factor.
➵ PLACEMENT
The retail branded environment in luxury branding is all about heightening the
consumer’s brand experience and amplifying the brand aura.
Luxury consumers have become more discriminating and demanding due to the
increasing democratization of luxury brands and the rapid emergence of ‘prestigious’
brands.
They are seeking a more knowledgeable and professional assistance, a trusted and
reliable collaboration helping them to manage their stature and lifestyle.
Luxury brands are increasingly investing in training and empowering their sales staff.
➵ PR
➵ PR in luxury branding plays an enormous role in image proliferation of the brand,
thereby subtly influencing public opinion.
➵ It is also employed to convey other supporting messages and attributes of the brand
which cannot be explicitly captured in advertising, but by no means are less
important to create brand’s personality, mystique and emotional values
➵ PRICING
➵ Pricing plays a quite a big role in the way consumers perceive luxury brands.
➵ Consciously or sub-consciously, consumers tend to generate a mental luxury stature
or image with the price-range that the brand operates.
➵ It is important for luxury brands to price themselves right – as setting the price lower
than the consumer expectation and willingness to pay can potentially harm the brand
value, whereas the reverse can potentially not given enough justification for
consumers to go ahead and buy.
➵ Product excellence by itself in not enough, the luxury brand must perform at an
experiential level as well.
➵ As luxury consumers evolve, not only these act as points of differentiation, but also
as ‘substance’ to justify a premium value and pricing.
➵ While pedigree factor is important to exuberate the years of mastery or lineage, it is
crucial to generate ongoing relevance and dynamism through the persona, PR &
public-figure factor.
➵ Luxury brands must continue to maintain a certain degree of exclusivity and stature
with the paucity factor and the placement factor – from the retail experience to the
touch-points it associates itself with.
"Our clothes are quite sophisticated and one of our strengths is alterations," Pavlovsky
said. "To be able to wear Chanel clothes, you need to try them on. You need to be in
the fitting room. You need to have a tailor who alters the clothes to fit exactly to your
body. I think it's part of Chanel. It's more than just our service. It's part of our
differentiation to have ready-to-wear that is perfect for our customers. What we want
today - and the way we use digital - is to have more and more people come to the
boutique to see the product, to touch the product, but also to try the product.”
-Bruno Pavlovsky, president of CHANEL
“What luxury is, is naturally a very personal perception. For me, luxury products are a
promise. A promise that the product you buy from Montblanc is of highest esteem, based on
its timeless, elegant design and the high quality, which is derived from the excellence of our
craftsmen. It’s a promise that you will still love the product in 10, 20 or 30 years, like in
many times where you received a Montblanc item as a gift, you still will appreciate and love
the person who gave it to you to show how much this person respects, appreciate or loves
you.
It is our most important task to nurture this trust in our brand and our products. Sustainable
value, highest quality, excellence in craftsmanship, and creativity make our products elegant
and refined objects, which enrich the individual style of our customers. A Montblanc product
is luxury because it’s a lifetime companion that is worthy to be handed down to the next
generation. “
-Lutz Bethge, CEO of Montblanc
http://chooconnection.jimmychoo.com/content/story-jimmy-choo
http://katyakovtunovich.com/node/41
http://www.theguardian.com/lifeandstyle/2007/feb/04/fashion.olivermarre
http://www.brandchannel.com/images/papers/533_8ps_of_luxury_branding.pdf
http://www.brandingstrategyinsider.com/luxury-branding
http://www.luxurydaily.com/spotify-helps-luxury-brands-build-identities-engage-with-consumers/
http://www.forbes.com/sites/arieladams/2013/03/14/montblanc-on-how-to-be-a-luxury-brand-for-many/
http://www.bloomberg.com/news/2013-01-28/chanel-s-sold-out-dresses-show-that-scarcity-sells-amid-
slowdown.html
http://www.vogue.co.uk/news/2012/10/23/chanel-will-not-sell-ready-to-wear-collections-online
http://us.jimmychoo.com/en/us/icons/jimmy-choo-the-foundation/page/foundations/
http://www.cpp-luxury.com/pierre-denis-ceo-of-jimmy-choo-an-exclusive-interview/
Sources

Weitere ähnliche Inhalte

Was ist angesagt?

Gucci- Social Media Marketing Strategies using Internet & social networking s...
Gucci- Social Media Marketing Strategies using Internet & social networking s...Gucci- Social Media Marketing Strategies using Internet & social networking s...
Gucci- Social Media Marketing Strategies using Internet & social networking s...Kriti Sangar
 
PRADA Marketing strategy
PRADA Marketing strategyPRADA Marketing strategy
PRADA Marketing strategyOlya Dyachuk
 
Gucci final presentation
Gucci final presentationGucci final presentation
Gucci final presentationSubhajit Bera
 
Michael Kors Strategic Marketing Plan
Michael Kors Strategic Marketing PlanMichael Kors Strategic Marketing Plan
Michael Kors Strategic Marketing PlanJennifer Plopan
 
Tesina dolce&gabbana
Tesina dolce&gabbanaTesina dolce&gabbana
Tesina dolce&gabbanaOlha Konyk
 
Burberry - Brand identity and artification analysis
Burberry - Brand identity and artification analysisBurberry - Brand identity and artification analysis
Burberry - Brand identity and artification analysisAda Di Matteo
 
Innovative Marketing & Communications at Burberry
Innovative Marketing & Communications at BurberryInnovative Marketing & Communications at Burberry
Innovative Marketing & Communications at BurberryAlexandra Ashton
 

Was ist angesagt? (20)

Cartier
CartierCartier
Cartier
 
Gucci- Social Media Marketing Strategies using Internet & social networking s...
Gucci- Social Media Marketing Strategies using Internet & social networking s...Gucci- Social Media Marketing Strategies using Internet & social networking s...
Gucci- Social Media Marketing Strategies using Internet & social networking s...
 
GUCCI Brand Analysis
GUCCI Brand AnalysisGUCCI Brand Analysis
GUCCI Brand Analysis
 
Final Presentation
Final PresentationFinal Presentation
Final Presentation
 
PRADA Marketing strategy
PRADA Marketing strategyPRADA Marketing strategy
PRADA Marketing strategy
 
Case Study - Tommy Hilfiger
Case Study  - Tommy Hilfiger Case Study  - Tommy Hilfiger
Case Study - Tommy Hilfiger
 
Gucci final presentation
Gucci final presentationGucci final presentation
Gucci final presentation
 
Gucci Analysis
Gucci AnalysisGucci Analysis
Gucci Analysis
 
Celine
CelineCeline
Celine
 
Burberry Case Study
Burberry Case StudyBurberry Case Study
Burberry Case Study
 
Michael Kors Strategic Marketing Plan
Michael Kors Strategic Marketing PlanMichael Kors Strategic Marketing Plan
Michael Kors Strategic Marketing Plan
 
Christian dior
Christian diorChristian dior
Christian dior
 
Gucci slide
Gucci slideGucci slide
Gucci slide
 
Christian dior pdf
Christian dior pdfChristian dior pdf
Christian dior pdf
 
Tesina dolce&gabbana
Tesina dolce&gabbanaTesina dolce&gabbana
Tesina dolce&gabbana
 
Burberry - Brand identity and artification analysis
Burberry - Brand identity and artification analysisBurberry - Brand identity and artification analysis
Burberry - Brand identity and artification analysis
 
Charles & Keith
Charles & KeithCharles & Keith
Charles & Keith
 
Gucci
GucciGucci
Gucci
 
Christian Dior
Christian DiorChristian Dior
Christian Dior
 
Innovative Marketing & Communications at Burberry
Innovative Marketing & Communications at BurberryInnovative Marketing & Communications at Burberry
Innovative Marketing & Communications at Burberry
 

Andere mochten auch

Andere mochten auch (20)

Christian Louboutin
Christian LouboutinChristian Louboutin
Christian Louboutin
 
The Luxury Shoe Industry
The Luxury Shoe IndustryThe Luxury Shoe Industry
The Luxury Shoe Industry
 
H&M
H&MH&M
H&M
 
Synopsis
SynopsisSynopsis
Synopsis
 
Leather processing
Leather processingLeather processing
Leather processing
 
Ppt On Leather
Ppt On LeatherPpt On Leather
Ppt On Leather
 
Woodland ppt
Woodland pptWoodland ppt
Woodland ppt
 
Presentation on Leather Industry
Presentation on Leather IndustryPresentation on Leather Industry
Presentation on Leather Industry
 
Fb footwear presentation
Fb footwear presentation Fb footwear presentation
Fb footwear presentation
 
Leather Tanning
Leather TanningLeather Tanning
Leather Tanning
 
Nift synopsis
Nift synopsisNift synopsis
Nift synopsis
 
Shoes industry
Shoes industryShoes industry
Shoes industry
 
Assel shoes [autosaved]
Assel shoes [autosaved]Assel shoes [autosaved]
Assel shoes [autosaved]
 
Wood land brand study
Wood land brand studyWood land brand study
Wood land brand study
 
Leather technology
Leather technologyLeather technology
Leather technology
 
Footwear industry
Footwear  industryFootwear  industry
Footwear industry
 
45487818 footwear-industry-in-india-3
45487818 footwear-industry-in-india-345487818 footwear-industry-in-india-3
45487818 footwear-industry-in-india-3
 
Synopsis format
Synopsis formatSynopsis format
Synopsis format
 
Zara: Fast Fashion
Zara: Fast FashionZara: Fast Fashion
Zara: Fast Fashion
 
Converse Case Study
Converse Case StudyConverse Case Study
Converse Case Study
 

Ähnlich wie Jimmy Choo // Brand Case Study

Cultural issues facing by global brands
Cultural issues facing by global brandsCultural issues facing by global brands
Cultural issues facing by global brandsArshad TK
 
What's Your (Brand) Story?
What's Your (Brand) Story?What's Your (Brand) Story?
What's Your (Brand) Story?NeatInteractive
 
Brand endorsements
Brand endorsementsBrand endorsements
Brand endorsementsPrithvi Ghag
 
Anatomy of a Cult Brand: How Leading Brands Build Fanatical Followings and Lu...
Anatomy of a Cult Brand: How Leading Brands Build Fanatical Followings and Lu...Anatomy of a Cult Brand: How Leading Brands Build Fanatical Followings and Lu...
Anatomy of a Cult Brand: How Leading Brands Build Fanatical Followings and Lu...Cult Collective
 
Digital Communication Campaign Tod's
Digital Communication Campaign Tod'sDigital Communication Campaign Tod's
Digital Communication Campaign Tod'sVarun Jagger
 
Branding and global branding
Branding and global branding Branding and global branding
Branding and global branding Abbas Fadlallah
 
Creation of brand
Creation of brandCreation of brand
Creation of brandKriace Ward
 
Answer to h&m rfp apsotw
Answer to h&m rfp apsotwAnswer to h&m rfp apsotw
Answer to h&m rfp apsotwAPSOTW
 
Ethics and Social Responsibility in Marketing Strategy
Ethics and Social Responsibility in Marketing StrategyEthics and Social Responsibility in Marketing Strategy
Ethics and Social Responsibility in Marketing StrategyLinda Bandov Pazin
 
Procter & gamble.pptx
Procter & gamble.pptxProcter & gamble.pptx
Procter & gamble.pptxAyush Shandilya
 
11-Personality and Self Concept-10-02-2023.pptx
11-Personality and Self Concept-10-02-2023.pptx11-Personality and Self Concept-10-02-2023.pptx
11-Personality and Self Concept-10-02-2023.pptxavyayamishra1
 
Fabulous Fashion Marketing Tips
Fabulous Fashion Marketing TipsFabulous Fashion Marketing Tips
Fabulous Fashion Marketing Tipsinvitereferral
 

Ähnlich wie Jimmy Choo // Brand Case Study (20)

PROCTER & GAMBLE CASE STUDY
PROCTER & GAMBLE CASE STUDYPROCTER & GAMBLE CASE STUDY
PROCTER & GAMBLE CASE STUDY
 
Cultural issues facing by global brands
Cultural issues facing by global brandsCultural issues facing by global brands
Cultural issues facing by global brands
 
What's Your (Brand) Story?
What's Your (Brand) Story?What's Your (Brand) Story?
What's Your (Brand) Story?
 
Brand endorsements
Brand endorsementsBrand endorsements
Brand endorsements
 
Rmg 914 - week 4b
Rmg 914 - week 4bRmg 914 - week 4b
Rmg 914 - week 4b
 
Procter and gamble
Procter and gambleProcter and gamble
Procter and gamble
 
Procter and gambler
Procter and gamblerProcter and gambler
Procter and gambler
 
Anatomy of a Cult Brand: How Leading Brands Build Fanatical Followings and Lu...
Anatomy of a Cult Brand: How Leading Brands Build Fanatical Followings and Lu...Anatomy of a Cult Brand: How Leading Brands Build Fanatical Followings and Lu...
Anatomy of a Cult Brand: How Leading Brands Build Fanatical Followings and Lu...
 
Digital Communication Campaign Tod's
Digital Communication Campaign Tod'sDigital Communication Campaign Tod's
Digital Communication Campaign Tod's
 
Branding and global branding
Branding and global branding Branding and global branding
Branding and global branding
 
Procter and gambler
Procter and gamblerProcter and gambler
Procter and gambler
 
Procter & gamble
Procter & gambleProcter & gamble
Procter & gamble
 
Creation of brand
Creation of brandCreation of brand
Creation of brand
 
Answer to h&m rfp apsotw
Answer to h&m rfp apsotwAnswer to h&m rfp apsotw
Answer to h&m rfp apsotw
 
Ethics and Social Responsibility in Marketing Strategy
Ethics and Social Responsibility in Marketing StrategyEthics and Social Responsibility in Marketing Strategy
Ethics and Social Responsibility in Marketing Strategy
 
Procter & gamble.pptx
Procter & gamble.pptxProcter & gamble.pptx
Procter & gamble.pptx
 
Brand Personality
Brand Personality Brand Personality
Brand Personality
 
11-Personality and Self Concept-10-02-2023.pptx
11-Personality and Self Concept-10-02-2023.pptx11-Personality and Self Concept-10-02-2023.pptx
11-Personality and Self Concept-10-02-2023.pptx
 
Fabulous Fashion Marketing Tips
Fabulous Fashion Marketing TipsFabulous Fashion Marketing Tips
Fabulous Fashion Marketing Tips
 
brand scavenging
brand scavengingbrand scavenging
brand scavenging
 

Mehr von caseyhuth

Valentino // Case Study
Valentino // Case StudyValentino // Case Study
Valentino // Case Studycaseyhuth
 
Color Theory Final // Prada
Color Theory Final // PradaColor Theory Final // Prada
Color Theory Final // Pradacaseyhuth
 
Color Theory Portfolio
Color Theory PortfolioColor Theory Portfolio
Color Theory Portfoliocaseyhuth
 
Dior Case Study
Dior Case StudyDior Case Study
Dior Case Studycaseyhuth
 
Yohji Yamamoto // Case Study
Yohji Yamamoto // Case StudyYohji Yamamoto // Case Study
Yohji Yamamoto // Case Studycaseyhuth
 
Burberry Case Study
Burberry Case StudyBurberry Case Study
Burberry Case Studycaseyhuth
 
Consumer Behavior Final
Consumer Behavior FinalConsumer Behavior Final
Consumer Behavior Finalcaseyhuth
 
Tom Ford // Case Study
Tom Ford // Case StudyTom Ford // Case Study
Tom Ford // Case Studycaseyhuth
 
Store Planning Final
Store Planning FinalStore Planning Final
Store Planning Finalcaseyhuth
 
Manufacturing Final
Manufacturing FinalManufacturing Final
Manufacturing Finalcaseyhuth
 
Contracts & Negotiations Final
Contracts & Negotiations FinalContracts & Negotiations Final
Contracts & Negotiations Finalcaseyhuth
 
Consumer Behavior Final
Consumer Behavior FinalConsumer Behavior Final
Consumer Behavior Finalcaseyhuth
 
Retail Operations Final
Retail Operations FinalRetail Operations Final
Retail Operations Finalcaseyhuth
 
Dom Perignon // Brand Case Study
Dom Perignon // Brand Case StudyDom Perignon // Brand Case Study
Dom Perignon // Brand Case Studycaseyhuth
 
Technology & Branding Case Study
Technology & Branding Case StudyTechnology & Branding Case Study
Technology & Branding Case Studycaseyhuth
 
Ritz Carlton Brand Case Study
Ritz Carlton Brand Case StudyRitz Carlton Brand Case Study
Ritz Carlton Brand Case Studycaseyhuth
 
sass & bide // Brand Case Study
sass & bide // Brand Case Studysass & bide // Brand Case Study
sass & bide // Brand Case Studycaseyhuth
 
Dior Brand Case Study
Dior Brand Case StudyDior Brand Case Study
Dior Brand Case Studycaseyhuth
 
Media strategy
Media strategyMedia strategy
Media strategycaseyhuth
 
Goals and Objectives
Goals and ObjectivesGoals and Objectives
Goals and Objectivescaseyhuth
 

Mehr von caseyhuth (20)

Valentino // Case Study
Valentino // Case StudyValentino // Case Study
Valentino // Case Study
 
Color Theory Final // Prada
Color Theory Final // PradaColor Theory Final // Prada
Color Theory Final // Prada
 
Color Theory Portfolio
Color Theory PortfolioColor Theory Portfolio
Color Theory Portfolio
 
Dior Case Study
Dior Case StudyDior Case Study
Dior Case Study
 
Yohji Yamamoto // Case Study
Yohji Yamamoto // Case StudyYohji Yamamoto // Case Study
Yohji Yamamoto // Case Study
 
Burberry Case Study
Burberry Case StudyBurberry Case Study
Burberry Case Study
 
Consumer Behavior Final
Consumer Behavior FinalConsumer Behavior Final
Consumer Behavior Final
 
Tom Ford // Case Study
Tom Ford // Case StudyTom Ford // Case Study
Tom Ford // Case Study
 
Store Planning Final
Store Planning FinalStore Planning Final
Store Planning Final
 
Manufacturing Final
Manufacturing FinalManufacturing Final
Manufacturing Final
 
Contracts & Negotiations Final
Contracts & Negotiations FinalContracts & Negotiations Final
Contracts & Negotiations Final
 
Consumer Behavior Final
Consumer Behavior FinalConsumer Behavior Final
Consumer Behavior Final
 
Retail Operations Final
Retail Operations FinalRetail Operations Final
Retail Operations Final
 
Dom Perignon // Brand Case Study
Dom Perignon // Brand Case StudyDom Perignon // Brand Case Study
Dom Perignon // Brand Case Study
 
Technology & Branding Case Study
Technology & Branding Case StudyTechnology & Branding Case Study
Technology & Branding Case Study
 
Ritz Carlton Brand Case Study
Ritz Carlton Brand Case StudyRitz Carlton Brand Case Study
Ritz Carlton Brand Case Study
 
sass & bide // Brand Case Study
sass & bide // Brand Case Studysass & bide // Brand Case Study
sass & bide // Brand Case Study
 
Dior Brand Case Study
Dior Brand Case StudyDior Brand Case Study
Dior Brand Case Study
 
Media strategy
Media strategyMedia strategy
Media strategy
 
Goals and Objectives
Goals and ObjectivesGoals and Objectives
Goals and Objectives
 

Jimmy Choo // Brand Case Study

  • 1. Jimmy Choo Brand Strategy Casey Huth, McKynlie Drummond, Lauren Conn, and Kiesha Burr
  • 2. Company History  The Jimmy Choo Company was founded by both Jimmy Choo and his niece, Sandra Choi, his creative director.  First brick and mortar store opened in 1996 on Motcomb Street in London.  In 1998, Jimmy Choo expanded to the U.S., opening two stores in New York and Beverly Hills, CA.  Expansion continued in well known places like, London, Paris, Rome, and Tokyo.  Jimmy Choo departed company in 2001
  • 3. Company history (3 slides)  An iconic luxury lifestyle brand defined by an empowered sense of glamour and a confident sense of style  Has a goal of creating a global luxury business  Attracted outside investment, embarked on expansion across product categories, channels, and geographies  Jimmy Choo have more than 150 store in 32 countries and is present in the most prestigious department and specialty stores worldwide
  • 4.  Today Jimmy Choo encompasses a complete luxury lifestyle brand. Women’s shoes remain the core product, along with handbags, small leather goods, scarves, sunglasses, eyewear, belts, fragrances, and men’s shoes  As of July 2012, CEO, Pierre Denis and Creative Director, Sandra Choi work together to obtain their vision to create one of the world’s most treasured luxury brands.
  • 5. Tamara Mellon  Born Tamara Yeardye in London, England  Founder and president of the Jimmy Choo brand  Described as smart, glamorous, wealthy, and a jet-set lifestyle  Mellon is one of the most prolific faces in the fashion industry
  • 6. Tamara Mellon  Mellon’s business technique, which has proved strikingly successful, is to become a walking, talking, advertisement for her brand “At the end of the day, the person who has the money has the control.’ ‘I may not have the stereotypical head for business but I have feet that were made for heels.” Tamara M.
  • 7. Jimmy Choo ➵ Jimmy Choo was born in Penang, Malaysia in 1961 into a family of shoe makers. He made his first shoe when he was only 11 years old. ➵ Choo's humble beginnings can be traced back to his workshop in Hackney, East London, which he opened in 1986 by renting an old hospital building. ➵ His craftsmanship and designs soon became noticed and he came to the verge of international fame when his creations were featured in a record eight pages in a 1988 issue of Vogue magazine. ➵ Jimmy Choo himself is no longer connected with the shoe designing house which he founded in 1996. ➵ In April 2001, he had sold 50 % interest in his company to Tamara Yeardye Mellon, former UK Vogue accessories editor. Jimmy Choo was then a partner but was not involved in running the business.
  • 8. Jimmy Choo • The Jimmy Choo London line, also known as Jimmy Choo ready-to-wear run by Tamara Mellon and Sandra Choi. • The ready-to-wear line has expanded to include accessories such as handbags. • Choo now resides chiefly in London. He is involved in a project to set up a shoemaking institute in his country of birth Malaysia, where his iconic status is often evoked to inspire budding shoemakers and fashion designers.
  • 9. Brand Values The Jimmy Choo’s Brand values: - Providing top quality products for their consumers - Being ethically responsible with how they make the products - Create organizations to help those in need
  • 10. Jimmy Choo Foundation • Launch in 2011 to offer women the confidence and optimism to dream and achieve • The foundation is prompted by the growing recognition that if we as a society are to be successful in progressing economically, morally, and philosophically, we need to educate and empower women • Focuses on women abuse: sex trafficking, prostitution, gender-based violence, maternal health, building confidence and independence through education and economic opportunity • Through this foundation, increases chance for education, raises economic productivity, reduces infant mortality according to UN development Programme (UNDP)
  • 11. Business Model • Interview with Pierre Denis (CEO) April 11, 2013 • “Shoes are the core of our business and brand and always will be but there is a demand from our customers for more ways to wear and experience Jimmy Choo. The diversification of our product categories has been an organic one, each element feels right and allows us to deliver more to existing customers whilst introducing Jimmy Choo to a new, younger audience via fragrance and eyewear.”
  • 12. Pierre Denis Interview (ctd.) • “America remains the largest market globally for Jimmy Choo, with a department store and retail presence.” • “We are experiencing strong like for like growth in Europe, as well as our other main markets. That said our biggest growth opportunity is in Asia where we have a plan to achieve a presence commensurate with that in the West over time. It is also worth highlighting Japan which is really one of our biggest success stories registering one of our highest growths in the world. And, of course, our ecommerce business has been the fastest growing channel for us during the past few years.”
  • 13. Brand Extension • Jimmy Choo is not only known for his shoes but these other accessories: • Sunglasses • Handbags • Perfumes
  • 14.
  • 15. Co-Branding • Jimmy Choo’s decision to partner with fashion retailer H&M and Australian boot maker Uggs was his way to reach into a different demographic. • These partnerships translate to the consumer as attainable. • This was a great move to broaden his reach.
  • 17. "How to build a successful international Luxury Brand in less than 10 years and create a business worth 900 million dollars in less than 15 years?"
  • 18. 3 MOTIVATIONS ➵ SELF ASSERTION ➵ DIFFERENTIATION ➵ GENUINE APPRECIATION FOR PRODUCT EXCELLENCE THE 8 P’S OF LUXURY BRAND MARKETING ➵ PERFORMANCE ➵ PEDIGREE ➵ PAUCITY ➵ PERSONA ➵ PUBLIC FIGURES ➵ PLACEMENT ➵ PR ➵ PRICING
  • 19. ➵ PERFORMANCE At a product level, fundamentally it must satisfy the functional and utilitarian characteristic as well as deliver on its practical physical attributes Must have quality & design excellence ingredients ➵ craftsmanship ➵ precision ➵ materials ➵ high quality ➵ unique design ➵ extraordinary product capabilities ➵ technology & innovation.
  • 20. ➵ PEDIGREE Many luxury brands have a rich pedigree and extraordinary history that turn in to an inseparable part of the brand’s mystique. This mystique is generally built around the exceptional legendary founder character of the past, making up an integral part of the brand story and brand personality.
  • 21. ➵PAUCITY Over-revelation-and-distribution of luxury brand can cause dilution of luxury character, hence many brands try to maintain the perception that the goods are scarce. Natural paucity is triggered by scarce ingredients like platinum, diamonds, etc. and/or those goods that require exceptional human expertise, for example handcrafted quality that constraints the mass production. Technology-driven paucity is as a result of conception-time involved in continuous innovation and research-&- development process. Tactical- driven paucity are more promotional in nature such as the limited editions or the special series to generate artificial desire and demand.
  • 22. ➵ PERSONA The persona of a luxury brand is the brand’s communication through its advertising and the consumer’s understanding of its projection. The visual brand identity captures the brand’s personality, mystique & emotional values in a nutshell. The distinct and consistent orchestration of the identity is central to establishing the visibility, familiarity & common identifiable brand imagery. ➵ the brand colors ➵ design elements like icons & logo ➵ identifiable design ➵ branded environment ➵ tone-of-voice.
  • 23. ➵ PERSONA At an overall level, luxury advertising messages can be observed: ➵ As more emotional and sensual to distance it from mass-premium brands ➵ Create a world and an aura that is truly exceptional to their brand signature ➵ Generate major differentiation in its production and execution
  • 24. ➵ PUBLIC FIGURES • Not only does the public figure’s associated values and personality have to resonate with that of the luxury brand’s aura, but there’s a distinct difference in the way celebrity role is crafted, executed and strategically utilized. • Accessorization or dressing celebrities on the red carpet • Celebrity invites to special events • This strategy attempts to remove the appearance of “selling” while still promoting the product by making it seem as a part of the celebrity’s lives, thereby positively affecting consumer’s attitudes, brand value & purchase intention. • Long-form-commercials / short-films have also utilized the celebrity-factor.
  • 25. ➵ PLACEMENT The retail branded environment in luxury branding is all about heightening the consumer’s brand experience and amplifying the brand aura. Luxury consumers have become more discriminating and demanding due to the increasing democratization of luxury brands and the rapid emergence of ‘prestigious’ brands. They are seeking a more knowledgeable and professional assistance, a trusted and reliable collaboration helping them to manage their stature and lifestyle. Luxury brands are increasingly investing in training and empowering their sales staff.
  • 26. ➵ PR ➵ PR in luxury branding plays an enormous role in image proliferation of the brand, thereby subtly influencing public opinion. ➵ It is also employed to convey other supporting messages and attributes of the brand which cannot be explicitly captured in advertising, but by no means are less important to create brand’s personality, mystique and emotional values
  • 27. ➵ PRICING ➵ Pricing plays a quite a big role in the way consumers perceive luxury brands. ➵ Consciously or sub-consciously, consumers tend to generate a mental luxury stature or image with the price-range that the brand operates. ➵ It is important for luxury brands to price themselves right – as setting the price lower than the consumer expectation and willingness to pay can potentially harm the brand value, whereas the reverse can potentially not given enough justification for consumers to go ahead and buy.
  • 28. ➵ Product excellence by itself in not enough, the luxury brand must perform at an experiential level as well. ➵ As luxury consumers evolve, not only these act as points of differentiation, but also as ‘substance’ to justify a premium value and pricing. ➵ While pedigree factor is important to exuberate the years of mastery or lineage, it is crucial to generate ongoing relevance and dynamism through the persona, PR & public-figure factor. ➵ Luxury brands must continue to maintain a certain degree of exclusivity and stature with the paucity factor and the placement factor – from the retail experience to the touch-points it associates itself with.
  • 29. "Our clothes are quite sophisticated and one of our strengths is alterations," Pavlovsky said. "To be able to wear Chanel clothes, you need to try them on. You need to be in the fitting room. You need to have a tailor who alters the clothes to fit exactly to your body. I think it's part of Chanel. It's more than just our service. It's part of our differentiation to have ready-to-wear that is perfect for our customers. What we want today - and the way we use digital - is to have more and more people come to the boutique to see the product, to touch the product, but also to try the product.” -Bruno Pavlovsky, president of CHANEL
  • 30. “What luxury is, is naturally a very personal perception. For me, luxury products are a promise. A promise that the product you buy from Montblanc is of highest esteem, based on its timeless, elegant design and the high quality, which is derived from the excellence of our craftsmen. It’s a promise that you will still love the product in 10, 20 or 30 years, like in many times where you received a Montblanc item as a gift, you still will appreciate and love the person who gave it to you to show how much this person respects, appreciate or loves you. It is our most important task to nurture this trust in our brand and our products. Sustainable value, highest quality, excellence in craftsmanship, and creativity make our products elegant and refined objects, which enrich the individual style of our customers. A Montblanc product is luxury because it’s a lifetime companion that is worthy to be handed down to the next generation. “ -Lutz Bethge, CEO of Montblanc
  • 31. http://chooconnection.jimmychoo.com/content/story-jimmy-choo http://katyakovtunovich.com/node/41 http://www.theguardian.com/lifeandstyle/2007/feb/04/fashion.olivermarre http://www.brandchannel.com/images/papers/533_8ps_of_luxury_branding.pdf http://www.brandingstrategyinsider.com/luxury-branding http://www.luxurydaily.com/spotify-helps-luxury-brands-build-identities-engage-with-consumers/ http://www.forbes.com/sites/arieladams/2013/03/14/montblanc-on-how-to-be-a-luxury-brand-for-many/ http://www.bloomberg.com/news/2013-01-28/chanel-s-sold-out-dresses-show-that-scarcity-sells-amid- slowdown.html http://www.vogue.co.uk/news/2012/10/23/chanel-will-not-sell-ready-to-wear-collections-online http://us.jimmychoo.com/en/us/icons/jimmy-choo-the-foundation/page/foundations/ http://www.cpp-luxury.com/pierre-denis-ceo-of-jimmy-choo-an-exclusive-interview/ Sources