Introduction and
background
You are a group of
marketing consultants that has been hired by the management of a brand licensee
company called CC Brands Canada (name is fictitious) to assist them with the
development of their marketing plan for one of three brands that they represent
in Canada: H. Huntsman and Sons, Bottega Veneta and Stella McCartney.
CC Brands’ management
is looking for growth, in terms of both sales and profit, but has yet to
determine the strategy, although they believe that a menswear line under either
brand name would provide the company with a competitive advantage over other
brands. A short description for each brand is provided in the Group Project
Assignment folder on Blackboard.
According to CC
Brands Canada, although these brands have strong potential in Canada, distribution
is considered limited, and for some non-existent. The management company needs
for you to determine the right strategy for the brand that you have been
assigned and to develop the marketing plan in terms of the product assortment,
the types of stores that should carry this line, the way it should be
displayed, packaged, named and communicated. You need to present CC Brands
Canada’s management with an oral and written plan on how you intend to market
the brand.
Your brand to represent:
H. Huntsman & Sons
According to
Wikipedia, H. Huntsman & Sons (known
as Huntsman of Savile Row) is a high-end fashion house and tailor located at
No. 11 Savile
Row, London. It is known for its
English bespoke menswear tailoring, cashmere ready-to-wear collections, and leather accessories.
In 1886, the
company earned its first Royal Warrant as Leather Breeches Maker to HRH
the Prince of Wales (later Edward VII). In September 2017, Huntsman served as
the inspiration for Matthew
Vaughn's blockbuster
movie Kingsman: The Golden Circle.
Founded in
1849, Huntsman is a Savile
Row tailor,[3] producing traditional bespoke tailoring for gentlemen and ladies. Huntsman has been granted
several royal warrants bestowed by British and European
monarchs, including The Prince of Wales, (later Edward
VII) and Queen
Victoria. Huntsman is
also one of the founders of the Savile Row Bespoke
Association[4] - the trade body responsible for
protecting and promoting the working practices of Savile Row.
Huntsman
clients have included King
Edward VII, King
Edward VIII, King
Alfonso XII, Winston
Churchill, Rudolph
Valentino, Lord
Mountbatten, Gregory
Peck,[15] Clark
Gable, Douglas Fairbanks Jr, Laurence
Olivier, Ronald
Reagan, Marc
Jacobs, Lapo
Elkann,
and Gianni Agnelli.
In February
2016, Huntsman became the first Savile Row tailor to open a permanent location
in New York. American clientele now enjoy a permanent home in the States
in a pied-à-terre in New York with antique Huntsman tweed covered furnishings
and historic photographs from Huntsman's past adorning the walls.
Alongside
regular visits to the east coast of America, visiting clients based in New York
City, Boston and Washington (as well as Chicago), the house also undertakes
regular west coast tours, visiting San Francisco and Los Angeles. Huntsman
expanded its trunk shows, pioneering visits to different corners of Asia,
including a trunk show in Seoul and visits to Tokyo, Singapore, Hong Kong and
Beijing.
In May 2020, the Chairman of historic tailors Huntsman
Savile Row since 2013, Pierre LaGrange discussed the impact of lockdown on the
business – and why the tailors’ core values of ‘discreet luxury, timelessness,
style over fashion, personal attention, handcrafted individual creations and
sustainability’ are more desirable than ever…’ (Walpole, 2020)
Project objective
To recommend the
strategy and positioning for either H. Huntsman and Sons, Bottega Veneta or
Stella McCartney, and develop the marketing plan for the introduction of either
brand’s Fall 2021 men’s line in Canada in order to help the company increase
sales and make profit.
Scope
The following should
be included in your business plan:
Each group will be assigned a brand. The group will then give a short
explanation as to the choice of strategy that you have decided to pursue along
with the rationale for using that strategy. Remember that CC Brands is looking
to increase sales and make profit and is open to any of the three strategic
approaches:
·
Market
penetration
·
Market
development
·
Product
development
Identify the brand’s current positioning and provide verification that
the positioning for the menswear line does not deviate from the brand’s current
positioning, which would cause confusion in the consumers’ mind.
a)
Situation
Analysis
b)
Marketing
Objectives and Strategies
c)
Marketing
Plan—four P’s
Important Note: Even though you have a free hand in the development
of the marketing plan for the line, you will operate under a couple of
assumptions:
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | 6 | 7 |
8 | 9 | 10 | 11 | 12 | 13 | 14 |
15 | 16 | 17 | 18 | 19 | 20 | 21 |
22 | 23 | 24 | 25 | 26 | 27 | 28 |
29 | 30 | 1 | 2 | 3 | 4 | 5 |