Lingerie Market in Fance and Italy

Krutika Panari
Krutika PanariTrainee à Vivanta by Taj President
‘’ Corolla’’
BEST OF ITS KIND
Corolla
La PARADISE basics lingerie collection is different from the other lines presented so far because
it offers the less expensive pieces. It features comfortable bras, panties, bodysuits and hosiery,
usually available in one color (black, white, nude or pink), meant to provide the pleasure you
seek for in your lingerie on a daily basis.
Lingerie: Le paradis
Standard
Premium
Swimsuit: Masterfit
Standard
Premium
Prati- rome
Via virgilio- rome
Cannaregio- venice
Sestiere di s.Marco- venice
Pine ridge road- naples
Tamiami trl n- naples
Corso bueno aires- milan
Via dante- milan
Via calzioli- florence
Santa maria nouvella- florence
STRATEGIC LOCATIONS IN
ITALY
Companies
Aerie
Bali
Berlei
Chantelle
La senza
Oysho
Silhoutte
True and co
Wolford
Country of origin
USA
USA
Australia
France
Canada
Spain
UK
USA
Australia
Part franchises
Penetrating strategic ideas
Establish
Corolla as top
lingerie brand
Open stores in
France and
Italy
Establish
successful
pricing and
sales policy
Provide
assistance
Efficient
logistics
Use E-
commerce
Customer
feedback
collection
New IT
system
Employee
hiring
Why Italy??
Italian fashion is the emblem of style and
elegance
Peninsular region with many beaches
Easy logistics
Birthplace of many luxury brands
Lingerie market is 3 billion USD
Has rose by 13%
Source: http://www.fibre2fashion.com/industry-article/3670/lingerie-
and-lingeries-only-part-iv?page=1
Competition in Italy
Victoria’s secret
Calzedonia group’s Intimissimi
La Perla
Other competitors in Italy!
Acacia Swim
Rosebule
Lovesurf
Karo Swimwear
SWOT Italy
Strength
Desirable demographic composition.
Strong foot traffic.
Complementary retailers.
Developed Infrastructure and facilities for business.
Successful retail reputation.
Demand for the Product is high and specific
Weakness
Trading Across Borders
Enforcing Contracts
Resolving Insolvency
Source- http://www.tmf-group.com/en/media-centre/resources/to
challenges/emea/italy
Opportunity
Establish relationships with complementary retailers (e.g. bridal
shops) to share customer.
Web Sales i.e. growth in e-commerce
Customized product line.
Threat
Other local high quality and prestigious brands.
Brands that have exclusive stores in most countries.
Slow recovery from recent economic downturn.
Mis-calculating customer's tastes and needs, resulting in too many
mark downs
Distribution channels
Online retailing
Through merchant agents
Part franchises
Company outlets
Malls and supermarkets
Standardised products
Services offered
Loyalty cards
Cashbacks
Cashback points linked to loyalty cards
Delivery services
Customisation “create your own style”
Merchandise Assortment
Lingerie's (Average range: €30 - €60 )
Bra’s
The classic bra
The balconnet bra
The push-up bra
The bandeau bra
Bustier
Briefs
Tanga
G-string
Culotte
Body suit
Garter belt
Short slip
Bridal
Swimsuits (Average
range: €35 - €70 )
Boardshorts
Rash guard
Wetsuit and dry suit
Drag suits
Racing suits
One-piece
Bikini
Microkini
Tankini
Monokini
Trikini
Swim briefs
Trunks
Jammer
Marketing strategies for Italy
E-commerce refer code to attract new customers
Mobile app discounts
Purchasing product through card(silver, gold, platinum) the discount
varies
Social media marketing
Implementing loyalty programmes
Online shops reaches foreign customers by providing translation features
Marketing strategies for France
More emphasis on e-commerce
Follow the latest fashion trends
Keep an eye on the competitors
Advertisement & promotion
OPERATIONAL STRATEGIES FOR
ITALY
Italy currently ranks fifth in online retail sales in Europe.
It had approx 6 billion in retail online sales.
Online retail sales currently make up 1.4% of all retail sales in Italy, expected to reach 2% by
2018.
There are approx 15 million digital buyers in Italy .
Niche online retailers have the most success in Italy and theonsumersy appeal young Italian
consumers who like to shop online.
Digital buyers and spending of consumer continues to increase in Italy.
Brands looking to sell in European market are taken into consideration the digital shift in the
mindset of Italian consumers.
Logistics and transportation
Existing warehouse in Paris
Additional setting up warehouse in Rome
Tie up with logistics partner: Fedex
Future plans
Establishing self owned logistics arm: “Corolla fast”
Return Policy
15 days return, which will be sent back to factory and rescanned for sale.
Factories
Warehouse
½ days of
delivery
E commerce strategies
Affiliate Policies
Live chat for Shopping assistance
Cashbacks in Wallet
Customization
Cart Sharing
Redeemable offers
Collaboration with these websites for sales in Italy
Marketing through online advertisements
Most popular Italian sites in online
Create your own style
Create your own style
IT and web sites
Company official website
Web site for customized
products even linked to
official website
Website for different
seasons
Social Media pages
Blogs
3 years development plan: 1st year
Marketing –promotion (social media, adverts,seos,fasion shows)
Shops or stores-110 owned/100 franchised/50 part franchised
Special entry –customized lingerie and swim suits
Consequences –increase in brand image ,increase in market share, profit increase
IT- ERP 2 module
Organisation – matrix structure(complex managerial tasks)
Investments- 5 million euros
Day to day cost- depending upon season to season
Weekly task-8000 sold by web/400 per week-per store
2nd year
MARKETING –Promotion (social media, adverts,SEOs,fasion shows)
Shops or stores-130 owned/100 franchised/80 part franchised
Special entry –customized lingerie and swim suits(if in demand)
CONSEQUENCES –increase in brand image ,increase in market share,profit increase
IT- ERP 2 module(revised to new version if necessary)
ORGANISATION – matrix structure(complex managerial tasks)
INVESTMENTS- 5 million euros(depends from result of 1 st yr)
DAY TO DAY COST-depending upon season to season
WEEKLY TASK-9000 sold by web/450 per week-per store
3rd year
MARKETING –Promotion (social media, adverts,SEOs,fasion shows)
Shops or stores-130 owned/100 franchised/80 part franchised(increase or decrease as per
demand)
Special entry –customized lingerie nd swim suits(if in demand)
PRICING- IF required may be changed acc. To market conditions
CONSEQUENCES –increase in brand image ,increase in market share, profit increase,
IT- ERP 2 module(revised to new version if necessary)
ORGANISATION – matrix structure(complex managerial tasks)
INVESTMENTS- 5 miliion euros(depends frm result of 1 st yr)
Lingerie Market in Fance and Italy
Thank you for
your support !
1 sur 24

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Lingerie Market in Fance and Italy

  • 2. Corolla La PARADISE basics lingerie collection is different from the other lines presented so far because it offers the less expensive pieces. It features comfortable bras, panties, bodysuits and hosiery, usually available in one color (black, white, nude or pink), meant to provide the pleasure you seek for in your lingerie on a daily basis. Lingerie: Le paradis Standard Premium Swimsuit: Masterfit Standard Premium
  • 3. Prati- rome Via virgilio- rome Cannaregio- venice Sestiere di s.Marco- venice Pine ridge road- naples Tamiami trl n- naples Corso bueno aires- milan Via dante- milan Via calzioli- florence Santa maria nouvella- florence STRATEGIC LOCATIONS IN ITALY
  • 4. Companies Aerie Bali Berlei Chantelle La senza Oysho Silhoutte True and co Wolford Country of origin USA USA Australia France Canada Spain UK USA Australia Part franchises
  • 5. Penetrating strategic ideas Establish Corolla as top lingerie brand Open stores in France and Italy Establish successful pricing and sales policy Provide assistance Efficient logistics Use E- commerce Customer feedback collection New IT system Employee hiring
  • 6. Why Italy?? Italian fashion is the emblem of style and elegance Peninsular region with many beaches Easy logistics Birthplace of many luxury brands Lingerie market is 3 billion USD Has rose by 13% Source: http://www.fibre2fashion.com/industry-article/3670/lingerie- and-lingeries-only-part-iv?page=1
  • 7. Competition in Italy Victoria’s secret Calzedonia group’s Intimissimi La Perla Other competitors in Italy! Acacia Swim Rosebule Lovesurf Karo Swimwear
  • 8. SWOT Italy Strength Desirable demographic composition. Strong foot traffic. Complementary retailers. Developed Infrastructure and facilities for business. Successful retail reputation. Demand for the Product is high and specific Weakness Trading Across Borders Enforcing Contracts Resolving Insolvency
  • 9. Source- http://www.tmf-group.com/en/media-centre/resources/to challenges/emea/italy Opportunity Establish relationships with complementary retailers (e.g. bridal shops) to share customer. Web Sales i.e. growth in e-commerce Customized product line. Threat Other local high quality and prestigious brands. Brands that have exclusive stores in most countries. Slow recovery from recent economic downturn. Mis-calculating customer's tastes and needs, resulting in too many mark downs
  • 10. Distribution channels Online retailing Through merchant agents Part franchises Company outlets Malls and supermarkets Standardised products
  • 11. Services offered Loyalty cards Cashbacks Cashback points linked to loyalty cards Delivery services Customisation “create your own style”
  • 12. Merchandise Assortment Lingerie's (Average range: €30 - €60 ) Bra’s The classic bra The balconnet bra The push-up bra The bandeau bra Bustier Briefs Tanga G-string Culotte Body suit Garter belt Short slip Bridal Swimsuits (Average range: €35 - €70 ) Boardshorts Rash guard Wetsuit and dry suit Drag suits Racing suits One-piece Bikini Microkini Tankini Monokini Trikini Swim briefs Trunks Jammer
  • 13. Marketing strategies for Italy E-commerce refer code to attract new customers Mobile app discounts Purchasing product through card(silver, gold, platinum) the discount varies Social media marketing Implementing loyalty programmes Online shops reaches foreign customers by providing translation features
  • 14. Marketing strategies for France More emphasis on e-commerce Follow the latest fashion trends Keep an eye on the competitors Advertisement & promotion
  • 15. OPERATIONAL STRATEGIES FOR ITALY Italy currently ranks fifth in online retail sales in Europe. It had approx 6 billion in retail online sales. Online retail sales currently make up 1.4% of all retail sales in Italy, expected to reach 2% by 2018. There are approx 15 million digital buyers in Italy . Niche online retailers have the most success in Italy and theonsumersy appeal young Italian consumers who like to shop online. Digital buyers and spending of consumer continues to increase in Italy. Brands looking to sell in European market are taken into consideration the digital shift in the mindset of Italian consumers.
  • 16. Logistics and transportation Existing warehouse in Paris Additional setting up warehouse in Rome Tie up with logistics partner: Fedex Future plans Establishing self owned logistics arm: “Corolla fast” Return Policy 15 days return, which will be sent back to factory and rescanned for sale. Factories Warehouse ½ days of delivery
  • 17. E commerce strategies Affiliate Policies Live chat for Shopping assistance Cashbacks in Wallet Customization Cart Sharing Redeemable offers Collaboration with these websites for sales in Italy Marketing through online advertisements Most popular Italian sites in online
  • 18. Create your own style Create your own style
  • 19. IT and web sites Company official website Web site for customized products even linked to official website Website for different seasons Social Media pages Blogs
  • 20. 3 years development plan: 1st year Marketing –promotion (social media, adverts,seos,fasion shows) Shops or stores-110 owned/100 franchised/50 part franchised Special entry –customized lingerie and swim suits Consequences –increase in brand image ,increase in market share, profit increase IT- ERP 2 module Organisation – matrix structure(complex managerial tasks) Investments- 5 million euros Day to day cost- depending upon season to season Weekly task-8000 sold by web/400 per week-per store
  • 21. 2nd year MARKETING –Promotion (social media, adverts,SEOs,fasion shows) Shops or stores-130 owned/100 franchised/80 part franchised Special entry –customized lingerie and swim suits(if in demand) CONSEQUENCES –increase in brand image ,increase in market share,profit increase IT- ERP 2 module(revised to new version if necessary) ORGANISATION – matrix structure(complex managerial tasks) INVESTMENTS- 5 million euros(depends from result of 1 st yr) DAY TO DAY COST-depending upon season to season WEEKLY TASK-9000 sold by web/450 per week-per store
  • 22. 3rd year MARKETING –Promotion (social media, adverts,SEOs,fasion shows) Shops or stores-130 owned/100 franchised/80 part franchised(increase or decrease as per demand) Special entry –customized lingerie nd swim suits(if in demand) PRICING- IF required may be changed acc. To market conditions CONSEQUENCES –increase in brand image ,increase in market share, profit increase, IT- ERP 2 module(revised to new version if necessary) ORGANISATION – matrix structure(complex managerial tasks) INVESTMENTS- 5 miliion euros(depends frm result of 1 st yr)
  • 24. Thank you for your support !