andrewcbho
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Did anyone get a chance to see the merchandise? What do you think of this pairing?
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My girlfriend did not even manage to come in in the shop because of the crowd.Did anyone get a chance to see the merchandise? What do you think of this pairing?
Any marketing professor would tell you that Lagerfeld is effectively killing his brand equity by abandoning the high end niche and being asscociated with low cost retail but seeing how people were acting on the launch of H&M by Lagerfeld I'd say that there is a whole new market out there and loads of money to be made. Wouldn't be surprised if GAP by Christian Dior and ZARA by Miuccia Prada will be the next in line...
While I don't completely disagree, I don't necessarily feel that he is killing his brand equity, for several reasons. Â First, it's a completely different demographic being targeted. Â When the twentysomethings buying Lagerfeld/H&M pieces grow up, Lagerfeld will have better name recognition among people who can actually afford to buy from him. Â I know, that at least at some stores in the states (which are in upscale locations, like Georgetown in DC), many of the younger women I know who shop at H&M will probably be sporting Chanel suits - or at least bags and shoes - in a few years.People here are mad, mad I tell you it was a disgrace seeing how grown women and 14 year old little brats were all acting alike.
Any marketing professor would tell you that Lagerfeld is effectively killing his brand equity by abandoning the high end niche and being asscociated with low cost retail but seeing how people were acting on the launch of H&M by Lagerfeld I'd say that there is a whole new market out there and loads of money to be made. Wouldn't be surprised if GAP by Christian Dior and ZARA by Miuccia Prada will be the next in line...
KL is not stupid, these are limited items...People here are mad, mad I tell you it was a disgrace seeing how grown women and 14 year old little brats were all acting alike.
Any marketing professor would tell you that Lagerfeld is effectively killing his brand equity by abandoning the high end niche and being asscociated with low cost retail but seeing how people were acting on the launch of H&M by Lagerfeld I'd say that there is a whole new market out there and loads of money to be made. Wouldn't be surprised if GAP by Christian Dior and ZARA by Miuccia Prada will be the next in line...