calvin klein brand audit
TRANSCRIPT
Brand audit Brand audit of Calvin of Calvin KleinKlein
Priyank Acharya A01
Sandip Chaudhari A10 Bhavin Kapta A24 Dhawal Limbachiya
A27 Rohan Sutaria A54
Between love and madness lies obsession.
Brand auditBrand auditA comprehensive examination of a brand
involving activities to assess the health of the brand, uncover its sources of equity, and suggest ways to improve and leverage that equity
BRAND INVENTORY:-a current, comprehensive profile of how all the products and services sold by a company are marketed and branded
BRAND EXPLORATORY:-research activity directed to understand what consumers think and feel about the brand and its corresponding product category to identify sources of brand equity
Calvin KleinCalvin KleinStudied apparel design at
Manhattan’s Fashion Institute of Technology.
launched his own clothing company in 1968.
In 1970 Calvin Klein obtained a trademark for his infamous “CK” logo.
In 2003 Phillips-Van Heusen purchased the company where Calvin Klein remained active within the company as a head designer
CK journeyCK journey
Made his debut at a small New York showroom with coats and dresses for women.
Calvin Klein’s women’s sportswear attracted the interests of popular fashion magazines .
Calvin Klein had expanded into the menswear and underwear markets, designing boxers and briefs as well as women’s intimates.
In 90’s a swimwear line was launched alongwith two fragrances for men and women, and expanded into the accessories, eyewear, and footwear markets.
An affordable brand under the name CK including denim, logo T-shirts, fragrances, and sportswear for men and women at a more affordable price.
Home furnishing lineMake up line sold at departmental
stores
Company AnalysisCompany AnalysisCompany:-luxury
apparel retail market and offers moderate to high priced goods.
Market:-Competes in pure competition market
Competitors:-Tommy Hilfiger, Ralph Lauren, Hugo Boss, Donna Karen, Giorgio Armani, and others.
Above the Above the benchmarksbenchmarks
Mark Wahlberg, Brooke Shields, Kate Moss, and Eva Mendes associated with Calvin Klein
Brooke shields “Nothing comes between me and my Calvin’s”.
Zoe Saldana ,” They don’t alter the shape, they just complement it”
BRAND INVENTORYBRAND INVENTORYTarget Market
Calvin Klein’s target market focuses on the consumer who is “14 to 50 years old and desires modern fashion forward products
Teens hungry for attention wear the Calvin Klein apparel that would make them feel rebellious, hip, and defiant.
Marketing Program Calvin Klein emphasizes promotion because
it drives consumers. manufactured high end lines with exclusive
distribution and more affordable lines found in retail outlets
product lines include women’s sportswear, denim, menswear, underwear and intimates, men’s accessories and footwear, swimwear, fragrances, eyewear, footwear, and home furnishings.
Calvin Klein has stores in 130 territories outside the United States, and there are currently 650 domestic retail locations
Brand Personality Sincerity Excitement Competence Sophistication Ruggedness
Brand Mantra brand mantra includes word associations
such “sexy, luxurious, minimal, classic, intimate, and professional.”
Competitors Donna Karen :- NY darling Giorgio Armani:- Italian class
Brand Architecture Calvin Klein Collection and Calvin Klein
Jeans contribute most to the company’s revenue.
minimalist designs but provocative advertisements
First to introduce QR codes.
BRAND EXPLORATORYBRAND EXPLORATORY
Consumers think highly of the Calvin Klein brand and deem it a respectable and credible producer of many useful goods.
Consumers have the conceived notion that Calvin Klein produces quality lasting products.
When one bears the Calvin Klein name whether it is on a piece of clothing, jewelry, or household item their self image changes to model that name.
RecommendationsRecommendations
Tap developing markets like India
Work on weaker brand extension’s such as Calvin Klein Children