Burberry vs Aquascutum Two of Britain's most wellknown fashion labels found themselves at rather different ends of the spectrum yesterday, as international megabrand Burberry announced a rise of 17.
1 per cent in its revenues, while Aquascutum burberry sale store whose apparel once warmed the burly shoulders of Winston Churchill has entered administration. The news came after Monday's announcement that British name Jaeger would be sold to Better Capital, owned by distressed debt expert Jon Moulton, for just under 20 million. Businessman and chairman of the British Fashion Council, Harold Tillman, bought the company in 2002 and added Aquascutum to his portfolio in 2009, after it sustained losses of 24m the previous year. It is understood he sold his majority stake in Jaeger this week in order to protect that label from Aquascutum's inevitable decline, given the impossibility of a turnaround in its health. To anyone with even a passing interest in the industry, the fact that both Burberry and Aquascutum are famous for their trenchcoats and heritage status will not have gone unnoticed. So why should one blossom and the other wither? It's to do with hard times, of course, but also with marketing and vision. Once upon a time, Burberry's signature checks were the stuff of football hooligans and Daniella Westbrook, but the company famously undertook an image overhaul in the early Noughties which has seen it go from strength to strength. The introduction of young British starlets and rock star progeny, such as Emma Watson, Otis Ferry and Eddie Redmayne, into glossy advertising campaigns shot by Mario Testino not to mention enormous engagement with digital platforms such as Facebook, Twitter and real time catwalk shopping has ensured a high end, cool image for shop burberry coats the label both at home and overseas (its biggest fanbase is in Asia, where sales rose 37 per cent to 387m this half), without losing any of its homegrown USP. But Burberry's success is also partly down to its chief creative officer Christopher Bailey's and chief executive Angela Ahrendts' visionary approach. When Bailey took on the mantle in 2001, he understood that burberry bikini the way to treat a "heritage label" is to reinvent that heritage for a new generation. They did this, softly and subtly at first, by using the main catwalk collection to deal with directional, seasonal trends (and dropping the signature checks from this), all the while recognising the democratic need for cheaper diffusion lines which sold the standard issue pieces, handbags and scarves complete with checks, for a broader and more aspirational class of shopper. He worked those pieces into a more youthful aesthetic too and, in doing so, Burberry's public face became at once cool and cult, losing none of the prestige that comes of being something of an institution. But Aquascutum, once a stalwart of the British wardrobe, relied on that image, and on a waning demographic, for slightly too long. By the time designer Joanna Sykes joined the label as creative director burberry online shopping sale in 2010, it was already too late. Her classic and more than competent designs garnered praise from the press who attended the shows, but they have failed to make an impact in a market where shoppers are cautious and status buys must be exactly that. Having dressed everyone from Margaret Thatcher and the Queen to Humphrey Bogart and Cary Grant, Aquascutum has the credentials but not the clout. Where Burberry made its tradition relevant to a new audience, Aquascutum has not the trick is to grow alongside your customers, rather than hanging in there until they die off. It was much the same story with Hardy Amies, another outfitter to the royals, which went bankrupt in 2008 having similarly failed to find a niche for its offerings. The name has since been bought and revived something which may well happen with Aquascutum too, as prestige and familiarity like this are hard to kill off. But where the old guard of British heritage brands are content to dress the Duchess of Cornwall and her ilk, Burberry has experienced a massive boost to sales since Kate Middleton sported one of their trenchcoats. And that's the generational difference, right there. Click the Adblock/Adblock Plus icon, which is to the right of your address bar.
On Adblock click "Don't run on pages on this domain". If you are Private Browsing in Firefox, "Tracking Protection" may cause the adblock notice to show. It can be temporarily disabled by clicking the "shield" icon in the address bar.
Prev: burberry shirts outlet online
Next: burberry outlet orlando
|1||burberry sale outlet uk...||Campaign veteran in for vote number eight Jenny O'Connor is not your stereotypi|
|2||burberry sale dates...||Building Permit A building permit is the document that allows you to begin cons|
|3||burberry tasker outlet...||Bridal wear retailer Wed2B opens in Exeter Wed2B, the UK's largest and fastest|
|4||burberry trench coat sale disc...||Bridge Day in Labrador City Labrador celebrates National Engineering and Geosci|
|5||burberry outlet orlando...||Burberry Orchard bag as seen on Blake Lively and Emma Stone is the latest celebr|
|6||burberry uk online shopping...||but safety upgrades at factories 'painfully slow' H buy burberry jackets online|
|7||order burberry online...||Bulla relaunches Homer Hudson brand in Australia Australian dairy company Bulla|
|8||burberry shop online usa...||BuzzFeed says Corbyn is shunning nationals for local press Jeremy Corbyn is is|
|9||burberry clearance outlet onli...||BUILDING BLOCKS FOR HIGH The late V R Krishna Iyer, one of the most eminent jur|
|10||burberry outlet sawgrass...||Brenda Blethyn gets to grips with Geordie accent HomeNewsNorth East NewsX Facto|