...n 1982, Saab opened his first atelier in Beirut and began designing luxurious evening gowns and exquisite wedding dresses. His talent for design fuelled his career throughout the 1980s. In the 1990s, Saab continued to expand his business by moving to a larger atelier in Beirut and organizing exclusive fashion shows in Europe. In 2000, he opened a salon and showroom in Paris to increase his cosmopolitan and international clientele. A flagship store in Paris opened in March 2007. In June 2010, Elie Saab (ES) opened its first flagship store in the Gulf region in Dubai's prestigious Dubai Mall. This new flagship store reinforced the brand's presence in the United Arab Emirates, making its products more accessible to the region's local and international shoppers. The store showcased day and evening wear dresses, shoes, bags and accessories from the latest ready-to-wear (RTW) collections. In July 2008, ES opened its first U.K. boutique at Harrods. The company planned to increase its worldwide retail presence through opening additional stores in major cities around the world, including the United States and Asia. While the company was witnessing impressive growth, management was dealing with the challenge of selecting the right partners, identifying new markets with the greatest growth potential and, most importantly, protecting the brand from dilution. From the start, its goal was to "attract, select and maintain customers who place significance on high-end, one-of-a-kind designs made...
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...MKTG 680-01 Case 3: Elie Saab: Growth of a Global Luxury Brand 1) Complete a SWOT analysis. What is ES’s competitive advantage? Strength | Weakness | Strong Brand ImageExclusivity AtmosphereExtremely High QualityLuxurious Image Famed CustomersDirect Ownership | Lack of variation of customersCouture is already spread thinShort in RTW clotheslineWeak Presence in multi-brand shopsLow Sales in Asia and North America | Opportunity | Threats | Few CompetitorsMen’s ClotheslineThe Emerging Asian MarketIncreasing Number of Millionaire by Individuals | Change in EconomyRising Competitor DesignersAlternative Lower-Cost BrandsMixing Luxury with affordable Trending more Towards the Casual Dressing | Elie Saab is a high-end luxury brand that targets upper class. The most competitive advantage of Elie Saab haute couture is its ultra quality and care for each couture. Every couture is being consulted regarding color, designs, fit, hairstyle and jewelry selection. Not to mention that Elie Saab is the exclusive expert in designing, Elie Saab insists to use only the top quality for its top qualified customers. 2) Define ES’s positioning strategy. Saab noticed that there was a niche for haute couture taking into account other luxury brands such as Dior, Chanel, and Valentino. Saab also sought opportunities to expand his luxury brand outside of the fashion industry, while still mainitaining a high level of exclusivity. He did this by partnering with Beauté Prestige International...
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...ELIE SAAB: GROWTH OF A GLOBAL LUXURY BRAND Nadia Shuayto wrote this case solely to provide material for class discussion. The author does not intend to illustrate either effective or ineffective handling of a managerial situation. The author may have disguised certain names and other identifying information to protect confidentiality. Richard Ivey School of Business Foundation prohibits any form of reproduction, storage or transmission without its written permission. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Richard Ivey School of Business Foundation, The University of Western Ontario, London, Ontario, Canada, N6A 3K7; phone (519) 661-3208; fax (519) 661-3882; e-mail cases@ivey.uwo.ca. Copyright © 2012, Richard Ivey School of Business Foundation Version: 2012-07-26 INTRODUCTION In the summer of 2010, Elie Saab, owner and chairman of ELIE SAAB (ES), was meeting with the company’s managing director, Chucri Cavalcanti, to discuss the company’s strategic goals and marketing strategy for the next five years. The primary goal was to grow the brand in new and existing markets while maintaining the brand’s exclusivity and position as one of the few remaining established brands in haute couture.1 Much of the company’s success in the previous five years was attributable to its rapid growth in the ready-to-wear (RTW) product...
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...S w W12092 ELIE SAAB: GROWTH OF A GLOBAL LUXURY BRAND Nadia Shuayto wrote this case solely to provide material for class discussion. The author does not intend to illustrate either effective or ineffective handling of a managerial situation. The author may have disguised certain names and other identifying information to protect confidentiality. Richard Ivey School of Business Foundation prohibits any form of reproduction, storage or transmission without its written permission. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Richard Ivey School of Business Foundation, The University of Western Ontario, London, Ontario, Canada, N6A 3K7; phone (519) 661-3208; fax (519) 661-3882; e-mail cases@ivey.uwo.ca. Copyright © 2012, Richard Ivey School of Business Foundation Version: 2012-07-26 INTRODUCTION In the summer of 2010, Elie Saab, owner and chairman of ELIE SAAB (ES), was meeting with the company’s managing director, Chucri Cavalcanti, to discuss the company’s strategic goals and marketing strategy for the next five years. The primary goal was to grow the brand in new and existing markets while maintaining the brand’s exclusivity and position as one of the few remaining established brands in haute couture.1 Much of the company’s success...
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... Brand 1: Johnnie Walker 1- Target Segmentation: Johnnie walker started out as a sole salesman in Scotland and proceeded to have his own family business. The current target market for Johnnie Walker is Upper-Middle classed men. Johnnie Walker has been focusing and producing red, blue, black, and gold label blended Scotch whisky. Johnnie walker uses psychological target segmentation to further identify its market. Using class, women and success as goals for the seduction of average whiskey consumers. 2- Positioning: A kick-start to Johnnie Walker's recent success stems from the decision to more clearly define its positioning target. The brand was one of the first alcoholic beverages to dig deep into customer insights resulting in its “Keep on Walking” campaign and a new direction for the brand. That direction was built around the idea that men continually face challenges in the journey of life and that the journey is as important as the destination. The initiative tapped into an emerging sense that success was not marked by status, but rather personal development. 3- Opinion: In my opinion, Johnnie walker is the most known brand regarding the whiskey industry. As for their marketing strategy, I believe it is really creative and innovative; it reaches to all the people as a motivation to keep on going. The prices are more than fair, since there are many different labels to suit everyone’s needs and their promises are worth the money!! Brand 2: Nestle ...
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