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By: Olivia Llagostera - Business Management II - 08.06.2010
Monday, 7 June 2010
History
  • Founded by French Fashion Designer Pierre Balmain in 1945
  • Known for it’s classic, luxurious designs
  • Since 2006 it is led by Christophe Decarnin who has given the brand a more modern and edgy look




                                              “Dressmaking is the architecture of movement”
                                                                               - Pierre Balmain




Monday, 7 June 2010
SWOT
         Strengths
         • Heritage
         • Strong representation of brand through design
         • High recognition
         • Exclusivity & Luxury
         • Established in “Paris” therefore high impression
         • Fitting
         • Consistent design
         • International Brand



         Weaknesses
         • Very trend forward, not many willing to wear exaggerated “shoulder pads”
         • Big focus on sexy and very “showy” garments, therefore diminishing the target




Monday, 7 June 2010
SWOT

         Opportunities
         • Creating a more “affordable” line
         • Creating a line or collection which has a more basic look, although still keeping to the Balmain
         consistency.




         Threats
         • Competition within the luxury industry
         • Financial crisis
         • Consumers seeking more conservative looks
         • Christopher Decarnin (the designer) leaving the brand, therefore undergoing a big change for the
         label
         • Many mainstream brands copying the Balmain looks




Monday, 7 June 2010
Positioning
                      Design




                               Exclusivity




Monday, 7 June 2010
The Product



                      Balmain Military Jacket
                      • Season - Spring Summer 2010
                      • Collection - Women’s Wear




Monday, 7 June 2010
The Product
        Military Jacket



          Garment Description
          • Colour - Khaki Green
          • Fabric - 75% Cotton 25% Cordura

          • Military button down front
          • Zip trimmed fringes hag from the shoulders
          • Long sleeves with braided trim on the cuffs
          • Pockets on both sides of the hip
          • Hemline falls above the knee




Monday, 7 June 2010
T cal Sheet
   echni




Monday, 7 June 2010
Variable Costs




Monday, 7 June 2010
Cost Break-Down




           • Final price is 1.677,14€
           • Mark up is 2.32




Monday, 7 June 2010
Analysis

         • The garment chosen is a very luxurious product which takes a lot of work and time to do it.
         • The fabrics are of high quality and very carefully treated.
         • The trimmings are extremely expensive details which are carefully sewn onto the garment.


         • The final price 1,677.14€ is consistent with the work and price of the fabrics, the trimmings
         and the façon.

         •The pricing Strategy used is within the Psychological pricing strategy - Prestige pricing or
         within the Competitive pricing strategy - Meeting competition.




Monday, 7 June 2010

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Cost Break Down Balmain

  • 1. By: Olivia Llagostera - Business Management II - 08.06.2010 Monday, 7 June 2010
  • 2. History • Founded by French Fashion Designer Pierre Balmain in 1945 • Known for it’s classic, luxurious designs • Since 2006 it is led by Christophe Decarnin who has given the brand a more modern and edgy look “Dressmaking is the architecture of movement” - Pierre Balmain Monday, 7 June 2010
  • 3. SWOT Strengths • Heritage • Strong representation of brand through design • High recognition • Exclusivity & Luxury • Established in “Paris” therefore high impression • Fitting • Consistent design • International Brand Weaknesses • Very trend forward, not many willing to wear exaggerated “shoulder pads” • Big focus on sexy and very “showy” garments, therefore diminishing the target Monday, 7 June 2010
  • 4. SWOT Opportunities • Creating a more “affordable” line • Creating a line or collection which has a more basic look, although still keeping to the Balmain consistency. Threats • Competition within the luxury industry • Financial crisis • Consumers seeking more conservative looks • Christopher Decarnin (the designer) leaving the brand, therefore undergoing a big change for the label • Many mainstream brands copying the Balmain looks Monday, 7 June 2010
  • 5. Positioning Design Exclusivity Monday, 7 June 2010
  • 6. The Product Balmain Military Jacket • Season - Spring Summer 2010 • Collection - Women’s Wear Monday, 7 June 2010
  • 7. The Product Military Jacket Garment Description • Colour - Khaki Green • Fabric - 75% Cotton 25% Cordura • Military button down front • Zip trimmed fringes hag from the shoulders • Long sleeves with braided trim on the cuffs • Pockets on both sides of the hip • Hemline falls above the knee Monday, 7 June 2010
  • 8. T cal Sheet echni Monday, 7 June 2010
  • 10. Cost Break-Down • Final price is 1.677,14€ • Mark up is 2.32 Monday, 7 June 2010
  • 11. Analysis • The garment chosen is a very luxurious product which takes a lot of work and time to do it. • The fabrics are of high quality and very carefully treated. • The trimmings are extremely expensive details which are carefully sewn onto the garment. • The final price 1,677.14€ is consistent with the work and price of the fabrics, the trimmings and the façon. •The pricing Strategy used is within the Psychological pricing strategy - Prestige pricing or within the Competitive pricing strategy - Meeting competition. Monday, 7 June 2010