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CHANEL The French Business Model eurbanista

Chanel & The French Fashion Industry

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Page 1: Chanel & The French Fashion Industry

CHANEL The French Business

Modeleurbanista

Page 2: Chanel & The French Fashion Industry

French Luxury

Social Values

Product

Image Provocation & Sophistication

Couture & Accessories

Tradition & Individualism

Page 3: Chanel & The French Fashion Industry

MLLE. CHANEL

•Tradition of Innovation•The “female dandy”

•The high-low mix •Prototype for future classics

Page 4: Chanel & The French Fashion Industry

CHANELKey Products

Fashion Couture & Ready-to-Wear

AccessoriesLeather Goods, Shoes, Costume Jewelry, Eyewear, Sport

Fragrance & BeautyFragrance, Makeup, Skincare

Fine Jewelry & Watches

Page 5: Chanel & The French Fashion Industry

CHANELStyle

QualityComfort

ProportionsSimplicityDistinctionFreedom

“Chanel wore as the independent & strong man she always dreamt to be.”

-Salvadore Dali

Page 6: Chanel & The French Fashion Industry

CHANELCodes

TweedChain Stitch

BraidGold Lion ButtonsInterlocking C’s Contrast Pumps

JacketsCamelliasQuilting

5

“Maybe what I’ve done would have killed her, but without me, she would be dead.”

-Karl Lagerfeld

Page 7: Chanel & The French Fashion Industry

CHANELToday

Money-Maker: Perfume

Target Market: Youth

Page 8: Chanel & The French Fashion Industry

CHANELCommunications

TraditionalMaintain position of validity in luxury fashion community

Fashion Week Print

Page 9: Chanel & The French Fashion Industry

CHANELCommunications

BooksIn-depth information for brand enthusiasts & connoisseurs

Authorized, Unauthorized & Satirized

Page 10: Chanel & The French Fashion Industry

CHANELCommunications

Short Digital Films

Film DepictionsBrand education & viral marketing devices

International Movies (Authorized & Unauthorized)Lagerfeld’s Film

Page 11: Chanel & The French Fashion Industry

CHANELCommunications

Art World CollaborationsRestoring image as innovator through relationships

Chanel Mobile Art Pavillion, Zaha HadidCollaborative Artists

Page 12: Chanel & The French Fashion Industry

CHANELCommunications

New MediaCommunicating in the target market’s environment

iPhone ApplicationLagerfeld’s Twitter Feed

Page 13: Chanel & The French Fashion Industry

CHANELFrench Luxury Evolution

Image

Product

Social Values

For me, Chanel is like music. There are certain notes and you have to make another tune with them.

-Lagerfeld via Twitter

Tradition• Maintains classic stylistic codes

Individualism• Visual image protected• One-way channel: Chanel talks, you listen

• Twitter: 25,000 followers, 0 following• Lagerfeld: the brand’s Lead Individual

I have no scene. I go everywhere. I adapt.

-Lagerfeld via Twitter

Page 14: Chanel & The French Fashion Industry

CHANELFrench Luxury Evolution

Image

Product

Social Values

Couture Accessories Fragrances

Selling the dream Building brand loyaltyIntroducing the brand

&BIG MONEY!

+

Page 15: Chanel & The French Fashion Industry

CHANELFrench Luxury Evolution

Image

Product

Social Values

Provocation• No longer socially progressive• Identity in opulence, snobbery• Relationships with provocative artists

Sophistication• Expert construction, sober• Connections in art world• Connoisseurship of Lagerfeld• Elegant communications

Page 16: Chanel & The French Fashion Industry

Question(fascinating heritage - brand provocation) = safe use of

history(big money + apathy) = snob appeal (art world relationships + big parties) = cool friends

(safe use of history) + (snob appeal) + (cool friends) = ?

The model for success in the last decade must evolve for success in the next one.

Page 17: Chanel & The French Fashion Industry

French Luxury,Digital Future

With minimal effort, Chanel leads the pack in digital communications.• Lagerfeld’s Twitter Feed• CHANEL iPhone Application• CHANEL.com, e-Newsletters & Viral Videos• Facebok Fan Page (amateur)

protecting the niche -OR- fake it ‘til you make it

Page 18: Chanel & The French Fashion Industry

French Luxury,Digital Future

Is a one-way conversation enough for a luxury market that expects personalized service?

protecting the niche -OR- fake it ‘til you make it

Page 19: Chanel & The French Fashion Industry

French Luxury,Digital Future

Loving someone is fine, but they have to love you back or it doesn’t work.

-Lagerfeld via Twitter

Balancing Individualism with Isolation

(Thanks, Mr. Lagerfeld. I couldn’t have said it better myself!)

protecting the niche -OR- fake it ‘til you make it