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Global Branding
1256974, 1265798, 1262877, 1057930, 1260624
Group Number 18
Goddess
INTRODUCTION
•  Most valuable and premium Global Italian Brand dealing in
leather goods, shoes, ready to wear, jewelry and watches.
•  Ranked 38 in Top 100 Global Brands
•  Designs, manufactures and distributes highly desirable
products
•  380 directly operated stores worldwide
•  Brand value stands at USD 9.4 Billion in 2012 as compared to
the average brand value of the luxury market .i.e. USD 7.8
Billion
(Interbrand, 2012)
Segmentation
Targeting
Positioning
Differentiation
Segmentation
Demographic
Geographic Psychographic Behavioural
Age: 26 - 40
Gender: Female
Higher Income Group
Segmentation
Geographic
Demographic
1st Phase –
USA & Europe
2nd Phase –
China &
Japan
3rd Phase –
Middle east
Psychographic Behavioural
Segmentation
PERSONALITYLIFESTYLE
StatusFashion
Bold
GeographicDemographic
Psychographic
Behavioural
Socialites
Confiden
Trendy
Conscious
Quo
Segmentation
Occasion
User Status
Loyalty
GeographicDemographic Psychographic Behavioural
Targeting	
  
•  Loves shopping, partying &
reading Vogue
•  Is ambitious & confident
•  Is fun, friendly & fashionable
•  Belongs to the high income
group
Hazel
26-40 years
Classy
Positioning	
  
	
  
	
  
	
  
	
  
	
  	
  
Bold
Glamorous
Exclusive
Sexy
Customization
opportunity
Point of
difference
Differentiation	
  
First mover
advantage
1 2 3
In-store Experience
Sources of Brand
knowledge
BRAND	
  
KNOWLEDGE	
  
BRAND	
  
AWARENESS	
  
BRAND	
  IMAGE	
  
BRAND	
  RECALL	
  
BRAND	
  
RECOGNITION	
  
TYPES	
  OF	
  
BRAND	
  
ASSOCIATIONS	
  
FAVOURABIL
ITY	
  	
  
STRENGTH	
  
UNIQUENESS	
  
ATTRIBUTES	
  
BENEFITS	
  
ATTITUDES	
  
NON	
  
PRODUCT	
  
RELATED	
  
PRODUCT	
  
RELATED	
  
FUNCTIONAL	
  
EXPERIENTIAL	
  
PRICE	
  
USER	
  
IMAGERY	
  
BRAND	
  
PERSONALITY	
  
FEELINGs	
  &	
  
EXPERIENCES	
  
SYMBOLIC	
  
BRAND	
  
KNOWLEDGE	
  
BRAND	
  
AWARENESS	
  
BRAND	
  IMAGE	
  
BRAND	
  RECALL	
  
BRAND	
  
RECOGNITION	
  
TYPES	
  OF	
  
BRAND	
  
ASSOCIATNS	
  
FAVOURABIL
ITY	
  	
  
STRENGTH	
  
UNIQUENESS	
  
ATTRIBUTES	
  
BENEFITS	
  
ATTITUDES	
  
NON	
  
PRODUCT	
  
RELATED	
  
PRODUCT	
  
RELATED	
  
FUNCTIONAL	
  
EXPERIENTIAL	
  
PRICE	
  
USER	
  
IMAGERY	
  
BRAND	
  
PERSONALIT
Y	
  
FEELINGS	
  &	
  
EXPERIENCES	
  
SYMBOLIC	
  
ATTRIBUTE
S	
  
NON	
  
PRODUCT	
  
RELATED	
  
PRODUCT	
  
RELATED	
  
PRICE	
  
USER	
  IMAGERY	
  
BRAND	
  
PERSONALITY	
  
FEELINGS	
  &	
  
EXPERIENCES	
  
Value	
  based	
  pricing	
  strategy	
  
Bold,	
  glamorous	
  &	
  sexy	
  	
  
Excitement,	
  competence	
  &	
  	
  
SophisOcaOon	
  
Social	
  approval,	
  	
  
self	
  respect	
  
•  Good	
  quality	
  	
  
•  Comfort	
  	
  
•  Trendy	
  	
  
•  Colors	
  
•  CustomizaOon	
  opOons	
  
BRAND	
  
KNOWLEDGE	
  
BRAND	
  
AWARENESS	
  
BRAND	
  IMAGE	
  
BRAND	
  RECALL	
  
BRAND	
  
RECOGNITION	
  
TYPES	
  OF	
  
BRAND	
  
ASSOCIATIONS	
  
FAVOURABIL
ITY	
  	
  
STRENGTH	
  
UNIQUENESS	
  
ATTRIBUTES	
  
BENEFITS	
  
ATTITUDES	
  
NON	
  
PRODUCT	
  
RELATED	
  
PRODUCT	
  
RELATED	
  
FUNCTIONAL	
  
EXPERIENTIAL	
  
PRICE	
  
USER	
  
IMAGERY	
  
BRAND	
  
PERSONALIT
Y	
  
FEELINGS	
  &	
  
EXPERIENCES	
  
SYMBOLIC	
  
BENEFITS	
  
FUNCTIONAL	
  
EXPERIENTIAL	
  
SYMBOLIC	
  
ATTITUDES	
  
Quality,	
  comfort	
  &	
  support	
  
Feeling	
  confident	
  &	
  unique	
  
Internal	
  Pride	
  	
  
•  High	
  quality	
  
•  Unique	
  design	
  
•  Market	
  Credibility	
  
•  Superior	
  Image	
  &	
  performance	
  	
  	
  
BRAND	
  
KNOWLEDGE	
  
BRAND	
  
AWARENESS	
  
BRAND	
  IMAGE	
  
BRAND	
  RECALL	
  
BRAND	
  
RECOGNITION	
  
TYPES	
  OF	
  
BRAND	
  
ASSOCIATION	
  
FAVOURABILITY	
  	
  
STRENGTH	
  
UNIQUENESS	
  
ATTRIBUTES	
  
BENEFITS	
  
ATTITUDES	
  
NON	
  
PRODUCT	
  
RELATED	
  
PRODUCT	
  
RELATED	
  
FUNCTIONAL	
  
EXPERIENTIAL	
  
PRICE	
  
USER	
  
IMAGERY	
  
BRAND	
  
PERSONALIT
Y	
  
FEELINSG	
  &	
  
EXPERIENCES	
  
SYMBOLIC	
  
BRAND	
  IMAGE	
  
TYPES	
  OF	
  BRAND	
  
ASSOCIATIONS	
  
FAVOURABILITY	
  	
  
STRENGTH	
  
UNIQUENESS	
  
Desirability	
  &	
  deliverability	
  	
  
Pervasiveness	
  
Brand	
  ambassadors	
  
Colors	
  
MarkeOng	
  Campaign	
  
Pricing	
  policy	
  	
  
CustomizaOon	
  
AVributes	
  benefits	
  &	
  aWtudes	
  
BRAND	
  
KNOWLEDGE	
  
BRAND	
  
AWARENESS	
  
BRAND	
  IMAGE	
  
BRAND	
  RECALL	
  
BRAND	
  
RECOGNITION	
  
TYPES	
  OF	
  
BRAND	
  
ASSOCIATIONS	
  
FAVOURABIL
ITY	
  	
  
STRENGTH	
  
UNIQUENESS	
  
ATTRIBUTES	
  
BENEFITS	
  
ATTITUDES	
  
NON	
  
PRODUCT	
  
RELATED	
  
PRODUCT	
  
RELATED	
  
FUNCTIONAL	
  
EXPERIENTIAL	
  
PRICE	
  
USER	
  
IMAGERY	
  
BRAND	
  
PERSONALIT
Y	
  
FEELINGS	
  &	
  
EXPERIENCES	
  
SYMBOLIC	
  
Brand Building
Blocks
SALIENCE
PERFORMANCE	
   IMAGERY	
  
JUDGMENTS	
   FEELINGS	
  
RESONANCE	
  
IDENTITY
Who are you?
MEANING
What are you?
RESPONSE
What about you?
RELATIONSHIP
What about you
and me?
Deep, broad
brand awareness
Points of Parity
and Difference
Positive
accessible
reactions
Intense, active
loyalty
PERFORMANCE	
   IMAGERY	
  
JUDGMENTS	
   FEELINGS	
  
RESONANCE	
  
IDENTITY
Who are you?
MEANING
What are you?
RESPONSE
What about you?
RELATIONSHIP
What about you
and me?
Deep, broad
brand awareness
Points of Parity
and Difference
Positive
accessible
reactions
Intense, active
loyalty
Luxury	
  retail	
  clothing	
  
segment	
  
Comfort	
  and	
  Support	
  
SALIENCE	
  
IMAGERY	
  
JUDGMENTS	
   FEELINGS	
  
RESONANCE	
  
IDENTITY
Who are you?
MEANING
What are you?
RESPONSE
What about you?
RELATIONSHIP
What about you
and me?
Deep, broad
brand awareness
Points of Parity
and Difference
Positive
accessible
reactions
Intense, active
loyalty
•  Reliable	
  
•  Durable	
  
•  Stylish	
  
•  Price	
  
SALIENCE	
  
PERFORMANCE	
  
JUDGMENTS	
   FEELINGS	
  
RESONANCE	
  
IDENTITY
Who are you?
MEANING
What are you?
RESPONSE
What about you?
RELATIONSHIP
What about you
and me?
Deep, broad
brand awareness
Points of Parity
and Difference
Positive
accessible
reactions
Intense, active
loyalty
Fashionable,	
  Trendy	
  
Spirited,	
  Classy	
  	
  
SALIENCE	
  
PERFORMANCE	
   IMAGERY	
  
FEELINGS	
  
RESONANCE	
  
IDENTITY
Who are you?
MEANING
What are you?
RESPONSE
What about you?
RELATIONSHIP
What about you
and me?
Deep, broad
brand awareness
Points of Parity
and Difference
Positive
accessible
reactions
Intense, active
loyalty
Credible	
  
ConsideraOon	
  
Superiority	
  
SALIENCE	
  
PERFORMANCE	
   IMAGERY	
  
JUDGMENTS	
  
RESONANCE	
  
IDENTITY
Who are you?
MEANING
What are you?
RESPONSE
What about you?
RELATIONSHIP
What about you
and me?
Deep, broad
brand awareness
Points of Parity
and Difference
Positive
accessible
reactions
Intense, active
loyalty
Excitement	
  
Social	
  approval	
  
Self	
  respect	
  
SALIENCE	
  
PERFORMANCE	
   IMAGERY	
  
JUDGMENTS	
   FEELINGS	
  
IDENTITY
Who are you?
MEANING
What are you?
RESPONSE
What about you?
RELATIONSHIP
What about you
and me?
Deep, broad
brand awareness
Points of Parity
and Difference
Positive
accessible
reactions
Intense, active
loyalty
Community	
  
Engagement	
  
Behavioral	
  loyalty	
  
AWtudinal	
  aVachment	
  
	
  
	
  
Brand Identity Prism
CULTURE	
  
RELATIONSHIP	
  
INTERNALIZATION	
  
EXTERNALIZATION	
  
CONSTRUCTED	
  SOURCE	
  
CONSTRUCTED	
  RECEIVER	
  
CULTURE	
  
RELATIONSHIP	
  
INTERNALIZATION	
  
EXTERNALIZATION	
  
CONSTRUCTED	
  SOURCE	
  
CONSTRUCTED	
  RECEIVER	
  
Good	
  quality	
  
Durable	
  
InnovaOve	
  
Trendy	
  Designs	
  
USP	
  
CULTURE	
  
RELATIONSHIP	
  
INTERNALIZATION	
  
EXTERNALIZATION	
  
CONSTRUCTED	
  SOURCE	
  
CONSTRUCTED	
  RECEIVER	
  
CONFIDENT	
  
SOPHISTICATED	
  
CLASSY	
  
TRENDY	
  
SEXY	
  
GLAMOROUS	
  
RELATIONSHIP	
  
EXTERNALIZATION	
  
CONSTRUCTED	
  SOURCE	
  
CONSTRUCTED	
  RECEIVER	
  
FASHIONABLE	
  
MODERN	
  
OUTGOING	
  
ELEGANT	
  
ACHIEVER	
  
SUCCESSFUL	
  
	
  
CONSTRUCTED	
  SOURCE	
  
CONSTRUCTED	
  RECEIVER	
  
CULTURE	
  
INTERNALIZATION	
  
PERSONAL	
  TOUCH	
  
	
  
EMPATHY	
  
	
  
INFLUENCING	
  YET	
  
NOT	
  IMPOSING	
  
CULTURE	
  
RELATIONSHIP	
  
INTERNALIZATION	
  
EXTERNALIZATION	
  
CONSTRUCTED	
  SOURCE	
  
CONSTRUCTED	
  RECEIVER	
  
RICH	
  
OUTWARD	
  
MODERN	
  
FASHIONABLE	
  
HIGH	
  STATUS	
  
CULTURE	
  
RELATIONSHIP	
  
INTERNALIZATION	
  
EXTERNALIZATION	
  
CONSTRUCTED	
  SOURCE	
  
CONSTRUCTED	
  RECEIVER	
  
HIGH	
  INCOME	
  SEGMENT	
  
CONFIDENT	
  
UNIQUE	
  
Brand Elements
Logo
Slogan
URL
Character
Packaging
Brand Elements
Brand Elements
Logo Traditional Gucci Logo
Sub Brand: Gucci Goddess
URL
Gucci.com/GucciGoddess
Brand Elements
Goddess
Bras | Panties | Nightwear | 1-2-3 Your way
Website Mock Design
Brand Elements
Character
Brand Elements
Packaging
Brand Elements
Packaging
Brand Elements
Packaging
‘Because beauty, quite
literally,
is on the inside!’
Opportunities &
Challenges
Opportunities Challenges
USA & Europe
•  None of our competitors
(eg: Burberry, Armani)
have tapped into lingerie
line
•  No effect on the Fashion
Industry during
recession
•  Gucci has been
successful in the niche
segment
	
  	
  
	
  
•  Strong existing competition:
Victoria Secret, La Senza &
local premium brands
•  ‘Gucci Goddess’ might be given
secondary preference being a
new brand
•  Europe has their own beloved
luxury lingerie lines
•  Eg: Aubade in France, Irma La
Douce in Germany etc
Challenges
China & Japan
Opportunities
•  Single largest market for
lingerie – Over 650
million women
•  High preference for
luxury brands
•  Customers prefer
customization
•  Brand conscious
•  Chinese and Japanese
consumers are a lot
more conservative
compared to
Europeans
	
  
Challenges
Middle East
Opportunities
•  Growing retail market
worth $171m in 2010
•  Limited competitor
presence - Victoria Secret
has only 6 stores over
Middle East
•  Increasing strong demand
despite the credit crunch
for luxury premium
quality products
	
  
•  Sole competitor -
Canadian brand - La Vie
en Rose; has over 55
stores
•  Advertising restrictions
Thank you
‘Because beauty, quite
literally,
is on the inside!’

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Global branding gucci

  • 1. Global Branding 1256974, 1265798, 1262877, 1057930, 1260624 Group Number 18
  • 3. INTRODUCTION •  Most valuable and premium Global Italian Brand dealing in leather goods, shoes, ready to wear, jewelry and watches. •  Ranked 38 in Top 100 Global Brands •  Designs, manufactures and distributes highly desirable products •  380 directly operated stores worldwide •  Brand value stands at USD 9.4 Billion in 2012 as compared to the average brand value of the luxury market .i.e. USD 7.8 Billion (Interbrand, 2012)
  • 5. Segmentation Demographic Geographic Psychographic Behavioural Age: 26 - 40 Gender: Female Higher Income Group
  • 6. Segmentation Geographic Demographic 1st Phase – USA & Europe 2nd Phase – China & Japan 3rd Phase – Middle east Psychographic Behavioural
  • 9. Targeting   •  Loves shopping, partying & reading Vogue •  Is ambitious & confident •  Is fun, friendly & fashionable •  Belongs to the high income group Hazel 26-40 years
  • 10. Classy Positioning               Bold Glamorous Exclusive Sexy
  • 13.
  • 15. BRAND   KNOWLEDGE   BRAND   AWARENESS   BRAND  IMAGE   BRAND  RECALL   BRAND   RECOGNITION   TYPES  OF   BRAND   ASSOCIATIONS   FAVOURABIL ITY     STRENGTH   UNIQUENESS   ATTRIBUTES   BENEFITS   ATTITUDES   NON   PRODUCT   RELATED   PRODUCT   RELATED   FUNCTIONAL   EXPERIENTIAL   PRICE   USER   IMAGERY   BRAND   PERSONALITY   FEELINGs  &   EXPERIENCES   SYMBOLIC  
  • 16. BRAND   KNOWLEDGE   BRAND   AWARENESS   BRAND  IMAGE   BRAND  RECALL   BRAND   RECOGNITION   TYPES  OF   BRAND   ASSOCIATNS   FAVOURABIL ITY     STRENGTH   UNIQUENESS   ATTRIBUTES   BENEFITS   ATTITUDES   NON   PRODUCT   RELATED   PRODUCT   RELATED   FUNCTIONAL   EXPERIENTIAL   PRICE   USER   IMAGERY   BRAND   PERSONALIT Y   FEELINGS  &   EXPERIENCES   SYMBOLIC  
  • 17. ATTRIBUTE S   NON   PRODUCT   RELATED   PRODUCT   RELATED   PRICE   USER  IMAGERY   BRAND   PERSONALITY   FEELINGS  &   EXPERIENCES   Value  based  pricing  strategy   Bold,  glamorous  &  sexy     Excitement,  competence  &     SophisOcaOon   Social  approval,     self  respect   •  Good  quality     •  Comfort     •  Trendy     •  Colors   •  CustomizaOon  opOons  
  • 18. BRAND   KNOWLEDGE   BRAND   AWARENESS   BRAND  IMAGE   BRAND  RECALL   BRAND   RECOGNITION   TYPES  OF   BRAND   ASSOCIATIONS   FAVOURABIL ITY     STRENGTH   UNIQUENESS   ATTRIBUTES   BENEFITS   ATTITUDES   NON   PRODUCT   RELATED   PRODUCT   RELATED   FUNCTIONAL   EXPERIENTIAL   PRICE   USER   IMAGERY   BRAND   PERSONALIT Y   FEELINGS  &   EXPERIENCES   SYMBOLIC  
  • 19. BENEFITS   FUNCTIONAL   EXPERIENTIAL   SYMBOLIC   ATTITUDES   Quality,  comfort  &  support   Feeling  confident  &  unique   Internal  Pride     •  High  quality   •  Unique  design   •  Market  Credibility   •  Superior  Image  &  performance      
  • 20. BRAND   KNOWLEDGE   BRAND   AWARENESS   BRAND  IMAGE   BRAND  RECALL   BRAND   RECOGNITION   TYPES  OF   BRAND   ASSOCIATION   FAVOURABILITY     STRENGTH   UNIQUENESS   ATTRIBUTES   BENEFITS   ATTITUDES   NON   PRODUCT   RELATED   PRODUCT   RELATED   FUNCTIONAL   EXPERIENTIAL   PRICE   USER   IMAGERY   BRAND   PERSONALIT Y   FEELINSG  &   EXPERIENCES   SYMBOLIC  
  • 21. BRAND  IMAGE   TYPES  OF  BRAND   ASSOCIATIONS   FAVOURABILITY     STRENGTH   UNIQUENESS   Desirability  &  deliverability     Pervasiveness   Brand  ambassadors   Colors   MarkeOng  Campaign   Pricing  policy     CustomizaOon   AVributes  benefits  &  aWtudes  
  • 22. BRAND   KNOWLEDGE   BRAND   AWARENESS   BRAND  IMAGE   BRAND  RECALL   BRAND   RECOGNITION   TYPES  OF   BRAND   ASSOCIATIONS   FAVOURABIL ITY     STRENGTH   UNIQUENESS   ATTRIBUTES   BENEFITS   ATTITUDES   NON   PRODUCT   RELATED   PRODUCT   RELATED   FUNCTIONAL   EXPERIENTIAL   PRICE   USER   IMAGERY   BRAND   PERSONALIT Y   FEELINGS  &   EXPERIENCES   SYMBOLIC  
  • 24. SALIENCE PERFORMANCE   IMAGERY   JUDGMENTS   FEELINGS   RESONANCE   IDENTITY Who are you? MEANING What are you? RESPONSE What about you? RELATIONSHIP What about you and me? Deep, broad brand awareness Points of Parity and Difference Positive accessible reactions Intense, active loyalty
  • 25. PERFORMANCE   IMAGERY   JUDGMENTS   FEELINGS   RESONANCE   IDENTITY Who are you? MEANING What are you? RESPONSE What about you? RELATIONSHIP What about you and me? Deep, broad brand awareness Points of Parity and Difference Positive accessible reactions Intense, active loyalty Luxury  retail  clothing   segment   Comfort  and  Support  
  • 26. SALIENCE   IMAGERY   JUDGMENTS   FEELINGS   RESONANCE   IDENTITY Who are you? MEANING What are you? RESPONSE What about you? RELATIONSHIP What about you and me? Deep, broad brand awareness Points of Parity and Difference Positive accessible reactions Intense, active loyalty •  Reliable   •  Durable   •  Stylish   •  Price  
  • 27. SALIENCE   PERFORMANCE   JUDGMENTS   FEELINGS   RESONANCE   IDENTITY Who are you? MEANING What are you? RESPONSE What about you? RELATIONSHIP What about you and me? Deep, broad brand awareness Points of Parity and Difference Positive accessible reactions Intense, active loyalty Fashionable,  Trendy   Spirited,  Classy    
  • 28. SALIENCE   PERFORMANCE   IMAGERY   FEELINGS   RESONANCE   IDENTITY Who are you? MEANING What are you? RESPONSE What about you? RELATIONSHIP What about you and me? Deep, broad brand awareness Points of Parity and Difference Positive accessible reactions Intense, active loyalty Credible   ConsideraOon   Superiority  
  • 29. SALIENCE   PERFORMANCE   IMAGERY   JUDGMENTS   RESONANCE   IDENTITY Who are you? MEANING What are you? RESPONSE What about you? RELATIONSHIP What about you and me? Deep, broad brand awareness Points of Parity and Difference Positive accessible reactions Intense, active loyalty Excitement   Social  approval   Self  respect  
  • 30. SALIENCE   PERFORMANCE   IMAGERY   JUDGMENTS   FEELINGS   IDENTITY Who are you? MEANING What are you? RESPONSE What about you? RELATIONSHIP What about you and me? Deep, broad brand awareness Points of Parity and Difference Positive accessible reactions Intense, active loyalty Community   Engagement   Behavioral  loyalty   AWtudinal  aVachment      
  • 32. CULTURE   RELATIONSHIP   INTERNALIZATION   EXTERNALIZATION   CONSTRUCTED  SOURCE   CONSTRUCTED  RECEIVER  
  • 33. CULTURE   RELATIONSHIP   INTERNALIZATION   EXTERNALIZATION   CONSTRUCTED  SOURCE   CONSTRUCTED  RECEIVER   Good  quality   Durable   InnovaOve   Trendy  Designs   USP  
  • 34. CULTURE   RELATIONSHIP   INTERNALIZATION   EXTERNALIZATION   CONSTRUCTED  SOURCE   CONSTRUCTED  RECEIVER   CONFIDENT   SOPHISTICATED   CLASSY   TRENDY   SEXY   GLAMOROUS  
  • 35. RELATIONSHIP   EXTERNALIZATION   CONSTRUCTED  SOURCE   CONSTRUCTED  RECEIVER   FASHIONABLE   MODERN   OUTGOING   ELEGANT   ACHIEVER   SUCCESSFUL    
  • 36. CONSTRUCTED  SOURCE   CONSTRUCTED  RECEIVER   CULTURE   INTERNALIZATION   PERSONAL  TOUCH     EMPATHY     INFLUENCING  YET   NOT  IMPOSING  
  • 37. CULTURE   RELATIONSHIP   INTERNALIZATION   EXTERNALIZATION   CONSTRUCTED  SOURCE   CONSTRUCTED  RECEIVER   RICH   OUTWARD   MODERN   FASHIONABLE   HIGH  STATUS  
  • 38. CULTURE   RELATIONSHIP   INTERNALIZATION   EXTERNALIZATION   CONSTRUCTED  SOURCE   CONSTRUCTED  RECEIVER   HIGH  INCOME  SEGMENT   CONFIDENT   UNIQUE  
  • 41. Brand Elements Logo Traditional Gucci Logo Sub Brand: Gucci Goddess
  • 43. Goddess Bras | Panties | Nightwear | 1-2-3 Your way Website Mock Design
  • 47. Brand Elements Packaging ‘Because beauty, quite literally, is on the inside!’
  • 49. Opportunities Challenges USA & Europe •  None of our competitors (eg: Burberry, Armani) have tapped into lingerie line •  No effect on the Fashion Industry during recession •  Gucci has been successful in the niche segment       •  Strong existing competition: Victoria Secret, La Senza & local premium brands •  ‘Gucci Goddess’ might be given secondary preference being a new brand •  Europe has their own beloved luxury lingerie lines •  Eg: Aubade in France, Irma La Douce in Germany etc
  • 50. Challenges China & Japan Opportunities •  Single largest market for lingerie – Over 650 million women •  High preference for luxury brands •  Customers prefer customization •  Brand conscious •  Chinese and Japanese consumers are a lot more conservative compared to Europeans  
  • 51. Challenges Middle East Opportunities •  Growing retail market worth $171m in 2010 •  Limited competitor presence - Victoria Secret has only 6 stores over Middle East •  Increasing strong demand despite the credit crunch for luxury premium quality products   •  Sole competitor - Canadian brand - La Vie en Rose; has over 55 stores •  Advertising restrictions
  • 52. Thank you ‘Because beauty, quite literally, is on the inside!’