During the Covid pandemic shutdown with his company’s business put on hold, UNTUCKit’s founder Chris Riccobono got an unexpected gift. He used his newfound time to incubate a new business concept to disrupt a stagnating product category following the same process he used in the casual men’s shirt market. “I was bored,” Riccobono shared. “I […]
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RSS feed for this sectionTapestry Acquiring Capri Makes Sense On Paper, But Can Management Pull It Off? Look At Kate Spade
While Tapestry’s acquisition of Capri Holdings makes sense on paper, numerous unquantifiable human factors will ultimately make or break its long-term success.
Hugo Boss ‘Claim 5’ Strategic Plan Yields Results, But Is Still A Work In Progress
Hugo Boss believes it can reach $5.6 billion in revenues by 2025. But after Hugo Boss presented its upwardly revised Claim 5 strategic plan, some investors held their neutral rating, signaling its ambitious goals may be out of reach.
Victoria’s Secret Launches On Amazon: Risks Outweigh The Rewards
Following an abysmal first quarter 2023 earnings report, Victoria’s Secret dropped another bombshell announcing it is expanding bra and panty distribution on Amazon. With an ongoing slide in revenues, Victoria’s Secret needs something to jumpstart sales and it’s decided partnering with Amazon will do the trick. So, it’s launched a branded Amazon Fashion storefront featuring over 4,000 Victoria’s Secret […]
A ‘Reputation Recession’ Is Bringing Chanel, LVMH, Burberry, Hermès, Ralph Lauren And Others Down
Brand reputation and brand loyalty are two related but distinct aspects of a luxury brand’s performance, and they are inextricably linked. Brand reputation is how consumers perceive a brand and its products, services, or experiences. It is based on various factors such as product quality, brand heritage, pricing, advertising, corporate social responsibility, and customer service. […]