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Omni Retail Analysis Luxury Retail Management

Givenchy Omni Retail Analysis

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Page 1: Givenchy Omni Retail Analysis

Omni Retail Analysis Luxury Retail Management

Page 2: Givenchy Omni Retail Analysis

The luxury consumer journey can be analysed through different steps from;

1. Developing awareness2. Discovery3. Raising interest4. Evaluation5. Purchase decision,6. Transaction,7. Engagement8. Loyalty.

This PowerPoint will guide you through the journey, exploring the retail Omni channels of Givenchy .

In this presentation I have focused on Givenchy RTW luxury apparelGivenchy also has an expansive network of cosmetics and spa’s.

Page 3: Givenchy Omni Retail Analysis

Table of ContentStores Visited 4Maison and History 5Maison Current 6DNA & Codes 7Q1 8 &9Website 10E-store 11Phone app 12Social Media 13You tube 14 &15Instagram 16Online touchpoints 17 & 18Q2 19Q3 20 & 21Q4 22Q5 23 & 24Q6 25, 26, 27, 28Q7 29Q8 30 & 31Q9 32Q10 33,34,35,36Q11 37Conclusion 38Recommendations 39References 40

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Stores VisitedGivenchy

36 Avenue Montaigne 75008 Paris28 Rue du Faubourg Saint-Honoré, 75008 Paris

Department StoresLe Bon Marche: 24 Rue de Servres ,75007 Paris

Printemps: 64 Boulevard Haussmann, 75009 ParisGaleries Layfayette: 40 Boulevard Haussmann, 75009 Paris

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Maison and History

Born in 1927, Hubert James Taffin De Givenchy left his hometown of Beauvais when he was 17 to come to Paris. He worked in a number of luxury maisons, and eventually worked with Christian Dior and Elsa Schiaparelli. At the age 24, Givenchy foresaw the notions of cool chic and luxury appealing to a wider audience and founded his own couture house in 1952. Little did he know at the time his creative ideas would be the key at the turn of the century, which in turn led to the immediate success of his first collection.

Page 6: Givenchy Omni Retail Analysis

Maison Current

In February 2005, Riccardo Tisci – an Italian designer in his late 20’s was appointed Givenchy’s Creative Director. Twisting the codes of the house, which were cool chic, sobriety, femininity and aristocratic elegance.

Riccardo Tisci adds romanticism and sensuality, reworking the colour palette of white and black, beige and nude with accents of bright hues, metal, sheen, animal and floral print, he creates a silhouette combining pure lines and a graphic structure. True to the house’s creative heritage and spirit, Riccardo brings the name of Givenchy into todays world while projecting it into the future. “I rewrote the codes of the house without erasing the past”.

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DNA & CODESStores

Logo “Givenchy Paris”, Black and White, Gold Trimmings, Marble, Sleek, Modern and Minimalistic

Collection codesElegance, Refinement, Fantasy, Animals, spirituality, Metal craftsmanship, Urban Couture, Star Coding, Ambiguity, Floral, Dark Romanticism, Geometry

Page 8: Givenchy Omni Retail Analysis

• Own branded retail stores ; 6 in total: 2 haute couture, 1 leather, 1 perfume, 2 RTW • 2 linked websites. One is dedicated to fashion and accessories, and the other fragrance, beauty

and spa• Department stores (Off-line & On-line) Le Bon Marche, Printemps, Galeries Lafayette. Only off-

line purchasing from Printemps and Galeries Lafayette. Bon Marche you can buy on-line however delivery only in France

• Multi-brand retailers and specialty stores (Off-line & On-line) Luxury888, mytheresa.com, ssense.com

• Airport and duty-free stores (Off-line & On-line) • Other wholesale partners (Off-line & On-line)

Awareness & DiscoveryQ1: Off-line and Online purchase channels available in/from Paris.

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The runway collection is quite different to the instore pre-collections. Runway is about the dream factor, dedicated to press, celebrities and the who’s who, whilst in-store collections are designed for and appeal to the everyday woman.

Q1: Cont.

Page 10: Givenchy Omni Retail Analysis

• Givenchy is a global brand, therefore they have a user friendly global site. The user taps in options ( region, country, language, collection i.e. man or woman).

• Clean aesthetic, simple and easy to navigate and understand.

• Site appeals to both left and right side of the brain. Under “Maison” header there is a full list of history and information regarding the brand.

• Right side of brain headings are; campaigns, art, collaborations, stores.

• The home page is a form of contemporary art, much like a social experiment. The graphic is interchangeable with each new season.

• The website is creative, however incorporates a complete history of the brand, from inception to modern day appealing to left side thinkers.

• The site look: black and white, very sleek, modern, minimalist.

Website

Givenchy Website

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• Online purchasing is only available via iTunes app’s on iPhone and iPad. You cannot access the e-store via a regular PC.

• Givenchy partnered with “Net a Porter” to create and run the e-store operations. This partnership makes perfect sense, It is Net a Porter’s core competence, as they are a leader in luxury e-commerce.

• Note* Having an individual phone application for the brand is not sustainable for the long term. Research shows todays consumers want everything at their fingertips and spread their purchasing across a number of brands. It is inefficient and inconceivable to think that each person would download each of their favourite branded sites onto their phone and shop individually like this.

E-store

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• The phone app mirrors the Givenchy website. It is sleek, utilising all the same codes. Giving a consistency and familiarity throughout the brand.

• Tisci’s muse on the app is Donatella Versace. This is an extremely bold move as Versace is one of his direct competitors. I believe this to be an innovative tactic. It shows an openness about the brand and a community spirit which is exactly what Tisci is trying to portray throughout many of his touchpoints.

• The app is easy and convenient to scroll and purchase from. You can maximise picture size for better product visibility, prices are displayed, style codes, and at the bottom of the page you see is a large tab saying “purchase”. When pressed it moves the item into your cart and prompts you to continue shopping the collection.

• I discovered a glitch on the app. Once you have placed an item in your basket it does not allow you to remove or cancel that item and remains in your basket forever and a day.

Phone App

Page 13: Givenchy Omni Retail Analysis

• Givenchy social media look and feel is very cool and of the moment. I believe they have created a cohesive and relevant link to the contemporary trends of social media and the youth generation, as far as a luxury house is concerned.

• Givenchy encourages clients and fans to communicate with the brand through its various social media platforms. Featured on the website are the headings “ Keep In Touch” with simple click on links that direct you to the social media of your choice. – NEWSLETTER– FACEBOOK– TWITTER– YOUTUBE– INSTAGRAM

Social Media

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• Givenchy’s latest advertising campaign featured on YouTube is directed towards each of their various customer bases, covering each sector of their market. First you see Tisci’s “Urban Couture”, the young, super cool kids with tattoos and piercings wearing edgy clothes highlighting Givenchy’s “spirituality” codes. Next, the video features a more business/ professional style, displaying men and women in super sleek, stylish suits that are contemporary but not as fashion forward as the urban couture. The last part of the clip the viewer see’s the couture collection, featured on models just before they head onto the runway.

• The advertising is very stylised. Throughout the campaign the models cite statements about love, emotion and religion.

YouTube

Page 15: Givenchy Omni Retail Analysis

YouTube

Page 16: Givenchy Omni Retail Analysis

• Givenchy has two Instagram accounts; Givenchy Official and Givenchy International Community. Givenchy International Community is a fantastic concept and a way to reach out to the younger, tech savvy generation, creating a dialogue between the brand and its people. Givenchy International Communities Instagram site is much more edgier, featuring more street wear, rather than couture. The site is targeting this generation of cool kids, inevitably creating a brand loyalty and long term clientele.

Raising Interest and Engagement and LoyaltyInstagram

Page 17: Givenchy Omni Retail Analysis

• Givenchy has created various touch points on their site. Each link is directed to a different touch point and takes the consumer on a journey into the desired estate of mind and world of Givenchy. Givenchy are focused on pushing the image of the brand.

Links are• INSPIRATION This link shows what inspired Tisci

throughout his various collections.• LOOKBOOK Self explanatory• GUESTS This link shows “who” is weaning Givenchy.

Desired males and females of the community.• LOCATION Displays the destination and set design of the

shoot.• AFTER PARTY Celebrities and the who’s who wearing

Givenchy, reinforcing the dream factor.• FRONT ROW Fashions darlings and media.

EvaluationOn-line Touch points

DEBBIE HARRY, NICKI MINAJ, JUNE AMBROSE, CIARA

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• Another feature and great example of the cohesiveness of their off- line to on-line channels is; beside each look in the collection there is a list of everything the model is wearing and the style codes. This feature would be targeted towards buyers and stylists for their celebrity clients. Givenchy provides all the information so their clients have easy and up-to-date access to the brand and it’s newness. Providing information such as this would free up the brand's time to focus on their core competencies rather than being inundated with questions regarding collections, etc.

On-line Touch points

TOP IN JACQUARD SATINREF 16U6028363TROUSERS IN CADY STRETCH WITH DETACHED SATIN BANDSREF 16U5001210HEEL ANKLE BOOT IN BLACK CALF LEATHER AND MESH FABRICREF BE08775116

Page 19: Givenchy Omni Retail Analysis

• Store locator on the website is efficient and effective. It first asks you what country and then what city, then links you to a page with a list of all stores, privately owned stores and department stores. There is a list of each store including address and location on google maps. When you click on a store the next page goes into more detail regarding that store. Each store contains a legend that informs the customer what that particular store offers for sale. See below.

• This is a great idea to help client awareness of which stores to seek out or avoid i.e. if you are not looking for fragrance or menswear.

• The apps and sites allow GPS to locate nearest off-line store quickly and easily.

Q2. Convenience of store locator on the brand website, if you are looking for a store on the brand website.

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Look of the stores• Each store utilised the same codes,

even the department stores. There may be slight variations within the department stores, however you saw identical chevron flooring, counters, colour palette and merchandising in each store. This kind of consistency helps the customer understand the codes of the brand, delivering the same touch points.

Stock• Stock was consistent throughout all

stores and department stores with Bon Marche and Printemps offering sales items. Givenchy stores did not advertise sales. The staff advise you more style choices are held in the back if there is something in particular you are looking for.

• The look, feel and consistency of the store is extremely important as is having continual newness of

product for the customer.

Q3. Consistency of the different channels in terms of prices, product availability, brand image.

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Online• Givenchy on-line has slightly different and

less stock than off-line. Instore has more choice, this is where the customer can experience the product. Perhaps the selection of merchandise on-line has more to do with the “best commercial sellers” or they want to entice the customer to shop both channels.

• The on-line app displays the product exceptionally well, offering various types of views and zoom capabilities. Under each product there is a list of all necessary product information, quick loading and a very straightforward and easy purchasing function.

• The app is purely a sales tool, there is no look book, company history etc.

Q3. Cont.

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• No click and collect on the Givenchy website.

Other purchasing options• You are able to call, email or text the

store directly and ask them to reserve a product, then go and collect it, however Givenchy does not outwardly advertise this service. You can shop this way in the department stores.

• You are able to purchase products via telephone and pay by credit card. The store will send the product, as long as the customer has a French address.

• Bon Marche offers their own “click and collect”, you order and they will have it ready in a couple hours for you, they also provide three options of courier service.

Q4. Presence of “click and collect” services: buy online, pick up & return in store.

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• Whilst in store I sought out a particular style of bag called the “Obsedia”. The style they had in store was not the one I wanted. I asked the sales associate if they had “matte black or plain black?”, she replied with a “no”, however said they will definitely be getting one in, when that would be she could not tell me, nor was she able to look up any dates of inventory arriving in store. The SA opened up a lovely leather bound book and took my details, then provided me with her details, including her phone number and said she will call/text as soon as the bag comes in. She was apologetic and reassured me that the bag should be here within a couple of weeks. She then proceeded to show me other styles of bags in plain black, whilst still encouraging me to rethink the original “Obsedia” bag she had in stock. **Note 6 week later and I have yet to hear from her.

• The stores are merchandised beautifully, product is displayed as presentation pieces, making the product the star. They encourage you to “ask” if you want something, as they have more options and sizing off the shop floor.

• When searching for the “Obsedia” bag on-line, they had the same choice as off-line. • Technology is not utilised in any of the Givenchy stores. The service is more about dealing with the

client one on one and creating a dialogue with that customer. Although the stores are contemporary the service is very traditional for a luxury store.

Q5. Options offered in the off-line store by the sales associate if a product is not available: visibility of other store’s inventory, possibility to buy on-line, through mobile app while in

the store, etc.

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• When entering another Givenchy store I requested a product I knew they did not have in stock. I received exactly the same reaction and service in both stores.

Pros of this kind of service• Givenchy is able to build up a customer

database. They have the ability to link in-store client details with existing names that may have joined up on-line to receive newsletters.

Cons of this kind of service• As a potential customer, I have no idea when

my item is expected in-store and I may get sick of waiting. I may seek an alternate option in a competitors store. If the SA provided me with a date and/or followed up with a text or email informing/confirming a date, it may keep me interested in the product and stop me from looking elsewhere.

Q5. Cont.

Page 25: Givenchy Omni Retail Analysis

• Givenchy does not utilise QR codes on-line or off-line, nor in department stores. As mentioned previously there are no linkages with technology in store and their on-line store is outsourced to a “third party” ecommerce provider. They do have a newsletter that clients can sign up to that sends regular updates of events and new stock.

• In saying this above however, if we refer to the slide on the next page Givenchy’s integration of on-line and off-line connects with all touchpoints, and they have integrated digital platforms and off-line well. The brand emphasises social media to connect the brand to the customer rather than utilising hi tech devices. They make it easy to move through each of the channels from Awareness/Discovery, Interest/Evaluation/Purchase Decision/Transaction/Engagement/ Loyalty both on-line and off-line and they deliver a consistent message throughout both the channels.

Q6. Integration of off-line and on-line channels facilitated by technology – QR (quick response codes) codes present in the store either on products or on window displays, IPad

available in the store, mobile application to allow GPS to locate nearest off-line store.

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Q6. Cont. Referring to the slide below Givenchy follows a very similar path with their customers. The only difference would be how they educate their customer. This is often done in store or by the website.

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Q6. Cont.

Regarding Givenchy’s integration between their Omni channels, they are extremely innovative, aware of consumer trends and focused on the future, so perhaps the absence of other on-line linkages is deliberate. Givenchy focuses on promoting a desirable image by building the dream factor in their advertising, live events and social media. Perhaps this is all they want to integrate. “75% of off-line luxury purchases are influenced by what consumers see, do & hear on-line. Digital, in other words, is now the engine of the luxury shopping experience.”

Page 29: Givenchy Omni Retail Analysis

• I did not feel any presence of digital links to the business whilst in store, nor when I prompted the SA.

• There was no integration between shop floor, back office, warehouse, customer data and distribution channels.

Q7. Off-line store staff involved in brand digital initiatives and more generally how sales associates are supportive of brand’s ecommerce or mobile commerce initiatives, do you

feel the presence of silos?

Page 30: Givenchy Omni Retail Analysis

• Givenchy’s focus is on building their image and use celebrities and music to reach various audiences. In their advertising campaigns they utilise varying demographics, from cool, to conservative, to couture. The Givenchy of today is viewed in a very different way to how it once was. This is deliberate. The brand is still highly aspirational, however they have innovated their muse to reflect today’s generation (urban couture). Millennials can identify with this muse and sparking interest in the brand. Instead of the traditional haute couture image, we see campaigns Tisci’s girls with pink hair, kissing each other, all still styled in the traditional Givenchy but appealing to a much more experimental client.

Q8. How traditional off-line communication touch points such as print media advertising or street banners/billboards advertising help consumers engage with the brand and possibly

find the product or the store or order from an online platform?

Page 31: Givenchy Omni Retail Analysis

• The advertising evokes curiosity and aspiration and Tisci is a master at creating the dream factor. The Givenchy customer desire to replicate his advertisements, they want to be them and seek them out via social media. The models he uses are often androgynous and are relatable. Tisci makes them simple but extraordinary.

Evaluation, Engagement and Loyalty Q8. Cont.

Page 32: Givenchy Omni Retail Analysis

• Givenchy utilises Instagram and Twitter extensively for product promotion and sales, for instance on Twitter you can “like”, or “retweet” a picture or use the picture to source where to buy. You cannot buy directly from the tweet however.

Q9. How the brand presence on different social media platforms can help consumers to not only engage with the brand but also ultimately purchase products from either off-line or

on-line channels in a convenient way?

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Bloggers• Givenchy recently launched an innovative

collaboration with social media involving 9 of the most famous and influential beauty and fashion bloggers for the launch of their latest fragrance .

Q10. How the brand’s endorsement by famous celebrities, influential bloggers or vloggers can also lead consumers and followers to ultimately purchase through off-line or on-line

channels in a convenient way.

Blogger Sincerely Jules

Page 34: Givenchy Omni Retail Analysis

Music• Givenchy collaborates with many

musicians and artists including Beyoncé, Rihanna, Courtney Love and Madonna.

• Tisci said : “ It was a great honour for me to be a part of yet another historical and iconic event.

Q10. Cont.

Madonna, 2012 Superbowl

Page 35: Givenchy Omni Retail Analysis

And Converse • Bringing the brand to the masses,

Tisci utilises the brands codes in his collaboration, including the signature Givenchy leopard print and brands dark aesthetic.

Q10. Cont.

Givenchy X Converse

Page 36: Givenchy Omni Retail Analysis

And Fauchon • Givenchy collaborated with famed French

pastry house Fauchon• This collaboration was in line with the

launch of Givenchy's latest fragrance “My Irresistible Cravings”, the goal was that the house of pastry transcribe the spirit of the perfume, refined and feminie. The cream inside the pastry mimics the scent of the fragrance, and the wrapping around the pastry is similar to the fragrance packaging.

• This collaboration was a great publicity stunt. The collaboration extends the world of Givenchy to a new audience.

Q10. Cont.

Fauchon X Givenchy

Page 37: Givenchy Omni Retail Analysis

• Givenchy understands and utilises social commerce well. Below is a great example.Bringing the brand to the public, pushing the desire and accessibility

• Givenchy opens it’s runway show to the public. Over 800 tickets were released on-line, with a further 100 given to those who live near to the venue and 280 offered to the city’s fashion school students.

• The news attracted widespread attention from both excited fashion fans and industry veterans – US PR agent Kelly Cutrone took to Instagram to express her thoughts on the announcement, writing that, “Finally, fashion opens its doors to the public... They saw the times and it opened up their eyes.” This move embodies and embraces the spirit of a changing fashion industry, revolutionised by the impact of the internet and the democratising power of social media.

• Another act of social commerce was for the Givenchy menswear show in June, the house revealed the show’s location on Instagram.

• Givenchy’s aim is to connect with the public on a real and personal level. Not selecting people on the strength of their own influence, but their love of the brand, their determination to use the website and sign up for a ticket. Where once people could only connect with fashion’s loftiest heights though the screens on their phones, now they will be able to experience the moment for themselves in the flesh.

Q11. Q11. Can you find out some innovative social commerce initiatives?

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Givenchy as a brand has not only returned to its former glory but reached dizzying new heights, and is now a luxury brand recognized the world over in ready-to-wear, perfumes and cosmetics, as well as couture. • In my opinion this is because the brand created and

executed a cohesive connection between off-line and on-line communication touch points. They offer a beautiful and experiential off-line and on-line presence however, there off-line experience is still stooped in traditional luxury service, preferring to work with the customer one on one rather than implementing technology onto their shop floor.

• Through Givenchy’s focus on urban couture, social media and utilising celebrities and music to build the brand image, Givenchy has managed to escalate the brand’s status and dream factor, elevating the brand and reaching entirely new demographics, seeking a “new Givenchy consumer” in the Millennials and Y Gen.

Conclusion

Page 39: Givenchy Omni Retail Analysis

• Givenchy needs to explore further options regarding its on-line presence as far as utilising multi brand retailers and it’s own branded on-line retail. They need to integrate the two channels off and on-line to make it easier for the customer to buy. It's about working out how to bridge the gap.

• An issue facing many luxury brands today is an absence of big data. Due to the globalisation of brands there is often a large chunk of their client base they are unaware of. One recommendation that could alleviate this issue is by prompting new and existing clients to sign up to the newsletter and on-line community. When they sign up they are given a client number, this number is used whenever they log into the site or purchase in store. This way no matter where the client travels in the world they can be recognised and data can be collected regarding their purchasing preferences and habits.

• Another recommendation for Givenchy could be to utilise an efficient CRM database in store i.e. if a client is after a particular product and they don’t have this product in store the SA could request the clients details and add them to a database. This database would be linked with the brands external and internal channels. The SA would enter the product code and you would immediately see an expected date of delivery for that product. Next an email would be sent to the client saying “good news, your product will be available in (however many days/weeks).” Then the system generates an email or SMS of the product and similar styles that may keep the clients interest and purchase potential high. This way the client knows exactly when to expect the product and the emails keep them interested, alleviating the possibility of the client shopping elsewhere.

Recommendations

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References

• http://www.dazeddigital.com/fashion/article/26169/1/what-givenchy-s-public-show-means-for-fashion

• https://www.facebook.com/Givenchy/• http://fashionista.com/2014/03/why-some-luxury-brands-still-dont-sell-online• https://www.givenchy.com/en• http://haussmann.galerieslafayette.com/en/?s=givenchy&submit=Search&lang=

en• https://www.instagram.com/givenchyofficial/• Http://www.interviewmagazine.com/fashion/converse-givenchy• http://www.ladn.eu/actualites/campagne-pub,article,12701.html#ixzz3z7M8gLS

5• http://www.lebonmarche.com/• https://luxintimity.wordpress.com/2015/04/08/fauchon-givenchy-une-collabora

tion-des-plus-gourmande/• http://madame.lefigaro.fr/style/riccardo-tisci-lesprit-fort-de-givenchy-191211-20

3802• http://www.mytheresa.com/en-de/• http://www.printemps.com/marques/marque/givenchy• https://www.ssense.com/• https://twitter.com/givenchy?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ct

wgr%5Eauthor• http://www.vogue.fr/communaute/wiki-de-la-mode/articles/givenchy-un-nom-u

ne-marque-une-histoire/20597• http://wwd.com/media-news/advertising/riccardo-tisci-spreads-love-in-givenchy

-spring-ads-10299038/• https://www.youtube.com/givenchy

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Thank You