Characteristics of and how to maintain a luxury brand

We want to identify the factors of how to maintain a luxury fashion brand. To do this, we have to find what characterizes a real luxury brand. We want to go into depth and find the underlying and often invisible aspects within a luxury brand. The characteristics of a luxury brand are that the majori...

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Bibliographic Details
Main Authors: NÄSSEL, MALIN, PERSSON, LINNÉA
Format: Others
Language:English
Published: Högskolan i Borås, Institutionen Textilhögskolan 2011
Subjects:
Online Access:http://urn.kb.se/resolve?urn=urn:nbn:se:hb:diva-20674
Description
Summary:We want to identify the factors of how to maintain a luxury fashion brand. To do this, we have to find what characterizes a real luxury brand. We want to go into depth and find the underlying and often invisible aspects within a luxury brand. The characteristics of a luxury brand are that the majority has their production in-house and provide high quality, made by an experienced and eccentric designer. The luxury brands have a distinct and clear image and identity. The brands are available in both stores and online shops and their offered products are in the high price sector. To maintain a luxury brand, the involvement and control of fabric, production and quality is essential. The designer must maintain the right appearance, image and identity in every step of the business. Moreover, a combination of different marketing channels is good to use, as it is a way to reach a large amount of people. If the luxury company decides to use social media, the engagement is vital. Regarding the distribution channels, a luxury brand should have an online shop and regular stores. Yet, it is important that the price reflect the products value. === Program: Magisterutbildning i Fashion Management