Okonkwo Prelims

(Joyce) #1

The Armani brand extension strategy has also been emulated by other
brands. Louis Vuitton and Dior for example have introduced demin and sports
accessories collections, although these are not sold under a sub-brand name.
Burberry has also extended its brand, à laArmani.
The Armani brand-extension model is represented in Figure 10.2.


Marketing strategy


The Armani fashion empire currently employs 4,800 people worldwide, owns
13 factories and has 300 outlets in several countries. This feat was not
achieved by accident but through carefully developed business strategies and
models that have been effectively implemented. The following is a summary
of the main elements of the Armani marketing strategy:



  • Product The Armani product range is developed under different sub-
    brand categories to fit with the market requirements and to address differ-
    ent segments of the luxury consumer market. The products however have
    a single unifying factor in the elements of its development. The same high
    level of skill, precision, craftsmanship and quality materials is applied in
    the development of each product, whether it is denim-based, a lamp or a
    pair of shoes.


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case illustrations

The man
Giorgio
Armani

Giorgio
Armani

Emporio
Armani

Armani
Casa

Armani
Junior

Armani
Collezioni

Armani
jeans

Armani
exchange

The parent brand,
Armani

Figure 10.2 The Armani brand extension model

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