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    Abstract This case study that makes a long-term 5+ years policy and strategy recommendations to the Vera Bradley company. Vera Bradley founded in 1982 by two friends, Barbara Bradley and Patrick Miller. The company operates in the women’s luxury handbag in the accessories industry. The company is focused on women’s distinctive fashion needs. The company generates revenues in two segments, are direct and indirect. Direct revenues include brick-and-mortar retail stores and e-commerce. Indirect…

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    economic. In this paper, we will discuss conspicuous consumptions and we will attempt to explain what conspicuous consumptions is and how it is important for marketers to understand why consumers purchase luxury items. In explanation of luxury. Luxury according to Ghoas and Vashney (2013) luxury is refer to engaging in something that is not necessity. This consumption is relating to showing off one status which is called conspicuous consumption. Patsiaouras and Fitchett (2012) defines…

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    Industry Analysis Coach Inc. is a major leader in the luxury handbag market. The company began as a family-run business in 1941. Six artisans handcrafted a variety of leather goods using skills handed down from generation to generation (Coach.com). Coach was first famous for its leather and its production of women 's quality handbags. In 1985 Coach was sold to Sara Lee and during this time experienced rapid expansion. Coach has significantly expanded its product line to not just women 's…

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    The booming economy in India has created a new class of “business maharajahs”, or, “highly affluent and globalized professionals”. These consumers are demanding high-quality luxury goods and, as a result, nearly 60 global luxury fashion and accessories brands have begun selling their products in India, mainly through local franchise partners (Gamble, 2015, Page 78). The major challenge of expansion in Indian markets is found within widely differing…

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    an “accessible luxury brand” but somewhere lacks in adding value to the brand. Looking at competing brands Kate Spade apparel reflects Lloyd’s quirky tastes. Ralph Lauren has built his brand around the upper – crust English country life and the American West. Michael Kors sells itself as fashion jet setters. Tory Bruch’s brand revolves around her life as a successful fashion figure and single mom. What does Coach…

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    todays developing society we continue to be manipulated by the culture industry and factory mass production, which in turn creates an attitude of indifference for many towards the fashion and luxury brand industry (Wikipedia.org, 2014). Consumers rely on symbolism when deciding whether to invest in a luxury brand, they may question how an item creates meaning in their life or how it will increase their social status. If a consumer can be ensured of a customised,…

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    Luxury Innovator As the 2000s began, Radisson Seven Seas Cruises accelerated its growth. Even before the launch of the Seven Seas Navigator, V.Ships and Radisson agreed to build a 720 passenger 46,000 gross ton ship in France. Launched in 2001 as the ms Seven Seas Mariner, she introduced new luxuries including being the first all-suite ship to feature private balconies for each of its staterooms. The partners had an option for a sister ship to be built in France, but also commenced…

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    Porsche Panamera- Indonesia Introduction Porsche Panamera is a luxury sedan car from the German manufacturer. This car shares its looks with the Carrera sports cars and looks like its revamped version. The internal assembly of this car is quite different to that of Carrera and it is meant for street drives and highway cruising. This car is visible on roads since 2009 and is been manufactured at the Home country and then exported world wide. The V-6 engine is fixed at the front end of the car…

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    INTRODUCTION: ABOUT THE COMPANY AND IT'S PRODUCT: The point that has been decided for the undertaking is identified with the auto business i.e. to research the business systems of BMW. BMW is the main premium auto maker on the planet. BMW is an assembling organization in Germany known for its reality class autos and motorcycles, and it is additionally one of the universes most conspicuous and appreciated brands. Known for its dependability and quality workmanship, the organization sold more…

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    Tod's Group Essay

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    Tod’s Group was established in 1978 by Diego Della Valle. It is an Italian company that produces luxury accessories and apparel for men and women. The Company has been operating in the luxury sector under its brands, TOD'S, HOGAN and FAY, and one licensed brand, ROGER VIVIER. It is present in 35 countries with 257 stores worldwide including large flagship stores in Japan, Europe, China, Malaysia, US, Singapore, Australia, Hong Kong and Indonesia. Diego turned this company from a family run…

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