Designer Michael Kors designer brand of the same name created is now the United States the most successful designer to develop one of its fiscal year 2012 sales of $ 1.237 billion , as of May this year , its market capitalization reached $ 12 billion . Some people might ask , his design Taiping fact, lack of creativity , how would develop so successfully ? Indeed , one on the design style , Michael Kors traditional classical products is not the best, but in terms of business operations , some of his practice is worth learning . For instance, he on the one hand by participating in reality show for the fashion magazines and other activities to increase their exposure ; the other hand, after the injection of foreign capital , he launched a " genuine first-line , second-line cards ", " high-priced clothing , cheap Accessories "positioning strategy: first-line brand " Michael Kors " responsible for passing and the establishment of the brand's unique aesthetic , expensive, slightly below the price of similar products LV and other luxury brands. Two second-tier decks "MICHAEL Michael Kors" and "KORS Michael Kors" also carry out their duties . Where , "MICHAEL Michael Kors" main accessories market while also providing clothing and other women , its price range ceiling with "Michael Kors" minimum basic convergence ; "KORS Michael Kors" provides a relatively inexpensive shoes and outerwear . This strategy in maintaining the high-end brand image , while also expanding the audience base , thereby helping "Michael Kors" brand rapidly. As can be seen , coach outlet 2014 an opportunistic and know how to operate the designer , the United States is his main "battlefield ," one of his works is very suitable to wear real advocate of the U.S. , in addition to the actual sales figures, he was off awards ( 1999 CFDA Womenswear Designer year , the Year 2003 CFDA menswear Designer and 2010 CFDA lifetime Achievement award ) also illustrate this point.
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