Fashion brand

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The term "fashion brand" (or "fashion label") includes all the brands that operate within the fashion industry. [1] A fashion brand combines symbolism, style, and experiential elements, and it needs to differentiate its products and coordinate its supply chain to succeed in the market. [2] [3] Consumers commonly employ brands as a means of expressing either their genuine identity or an idealized self-image that they aspire to achieve. [4] [5] [6]

Contents

History

Prior to the mid-19th century, clothing was mainly handmade for individuals, either domestically or by hiring dressmakers and tailors. [7] The origins of couture can be traced back to the mid-nineteenth century in Paris. Charles Frederick Worth pioneered haute couture by introducing high-fashion dressmaking. Currently, the concept has gained widespread acceptance. Chanel, Balenciaga, and Christian Dior are prominent fashion brands that offer haute couture lines. [8]

However, with technological advancements and the rise of global capitalism in the early 20th century, factory production and retail stores, such as department stores, emerged, allowing for mass production of clothing in standardized sizes and fixed prices. [7]

Global fashion brands

The fashion industry is widely recognised as one of the most actively internationalising sectors within the retail industry. [9] A significant proportion of globally recognised fashion brands conduct the majority of their commercial activities beyond their country of origin. [9] International operations are the primary source of revenue for prominent brands such as H&M, Inditex, and Nike. [9] Nike's global success serves as a pertinent illustration of the significance of brand extensions in the growth of sport brands. Other prominent brands in this industry, including Adidas, Reebok, Puma, and Asics, have similarly embraced this trend by introducing new apparel and footwear offerings. [10]

Categorization

The fashion industry involves the design, production, distribution, marketing, retailing, advertising, and promotion of various types of clothing for men, women, and children. This includes both high-end designer fashion and everyday clothing, ranging from couture ball gowns to casual sweatpants. [7] The category of fashion brands displays a significant variation in terms of both price segmentation and product quality. [1] [3]

Luxury brands

Premium and luxury brands are characterized by their exceptional performance in their designated market segments, along with their capability to offer distinctive and valuable features and benefits that are specific to their products. [11] Examples are Gucci and Hermès. [12] [2]

Mid-luxury brands

Ralph Lauren is among the fashion brands classified as mid-luxury in the United States market. [13]

Discount supermarket chains or brands

KiK, Lidl, and Aldi are currently expanding their discount segments, catering to a clientele that is particularly price-sensitive and seeks low-cost options. The purchasing decisions of those in this category are not influenced by the quality of the product. [1]

Fast fashion brands

In recent times, there has been a rise in the emergence of fast-fashion companies such as Zara, H&M, Primark, and Mango. [1] These companies have garnered a positive reputation by swiftly adapting to the ever-changing fashion trends. Furthermore, the customers' increasing demand for fresh styles and a wider range of products has led to shorter production cycles and the introduction of micro-collections. [14] [1] [15]

Fashion brand communication

In the fashion industry, brand communication denotes the ways in which fashion brands engage and establish connections with their consumers and the larger society through diverse channels such as initiatives, platforms, spaces, and interfaces. [5] The communication strategies employed by brands exhibit unique characteristics that set them apart from those utilised in other industries and sectors. [5]

The communication of fashion brands encompasses a range of activities, including visual brand communication, product design, advertising, public relations, and brand experience. [5] Other forms of brand communication includes multiple forms of collaborations with external entities via sponsorships, or social media influencers. In addition, fashion brands often create limited brand collaborations with other brands often with the purpose of creating limited editions and collectable items. [16]

Related Research Articles

<span class="mw-page-title-main">Fashion</span> Stylish clothing

Fashion is a term used interchangeably to describe the creation of clothing, footwear, accessories, cosmetics, and jewellery of different cultural aesthetics and their mix and match into outfits that depict distinctive ways of dressing as signifiers of social status, self-expression, and group belonging. As a multifaceted term, fashion describes an industry, styles, aesthetics, and trends.

<span class="mw-page-title-main">Merchandising</span> Promotion of product sales

Merchandising is any practice which contributes to the sale of products to a retail consumer. At a retail in-store level, merchandising refers to displaying products that are for sale in a creative way that entices customers to purchase more items or products.

<span class="mw-page-title-main">Inditex</span> Spanish multinational clothing company

Industria de Diseño Textil, S.A. is a Spanish multinational clothing company headquartered in Arteixo, Galicia, Spain. Inditex, the biggest fast fashion group in the world, operates over 7,200 stores in 93 markets worldwide. The company's flagship brand is Zara, but it also owns a number of other brands including Zara Home, Bershka, Massimo Dutti, Oysho, Pull&Bear, Stradivarius, Uterqüe and Lefties. The majority of its stores are corporate-owned, while franchises are mainly conceded in countries where corporate properties cannot be foreign-owned.

<span class="mw-page-title-main">Luxury goods</span> Good for which demand increases more than what is proportional as income rises

In economics, a luxury good is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a more significant proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. Luxury goods is often used synonymously with superior goods.

<span class="mw-page-title-main">Zara (retailer)</span> Spanish multinational fast-fashion company

Zara is a fashion retail subsidiary of the Spanish multinational fashion design, manufacturing, and retailing group Inditex. Zara sells clothing, accessories, beauty products and perfumes. The head office is located at Arteixo in the province of A Coruña, Galicia. In 2020 alone, it launched over twenty new product lines.

Streetwear is a style of casual clothing which became global in the 1990s. It grew from New York hip hop fashion and Californian surf culture to encompass elements of sportswear, punk, skateboarding, 1980s nostalgia, and Japanese street fashion. Later, haute couture became an influence, and was in turn influenced by streetwear. Streetwear centers on comfortable clothing and accessories such as jeans, T-shirts, baseball caps, and sneakers. Brands may create exclusivity through artificial scarcity; enthusiasts follow particular brands and try to obtain limited edition releases, including via proxy purchases.

A lifestyle brand is a brand that attempts to embody the values, aspirations, interests, attitudes, or opinions of a group or a culture for marketing purposes. Lifestyle brands seek to inspire, guide, and motivate people, with the goal of making their products contribute to the definition of the consumer's way of life. As such, they are closely associated with the advertising and other promotions used to gain mind share in their target market. They often operate from an ideology, hoping to attract a relatively high number of people and ultimately become a recognised social phenomenon.

<span class="mw-page-title-main">Fast fashion</span> Quick retail copying of catwalk trends

Fast fashion is the business model of replicating recent catwalk trends and high-fashion designs, mass-producing them at a low cost, and bringing them to retail quickly while demand is at its highest. The term fast fashion is also used generically to describe the products of this business model, particularly clothing and footwear. Retailers who employ the fast fashion strategy include Primark, H&M, Shein, and Zara, all of which have become large multinationals by driving high turnover of inexpensive seasonal and trendy clothing that appeals to fashion-conscious consumers.

<span class="mw-page-title-main">Fashion design</span> Art of applying design and aesthetics to clothing and accessories

Fashion design is the art of applying design, aesthetics, clothing construction and natural beauty to clothing and its accessories. It is influenced by culture and different trends and has varied over time and place. "A fashion designer creates clothing, including dresses, suits, pants, and skirts, and accessories like shoes and handbags, for consumers. He or she can specialize in clothing, accessory, or jewelry design, or may work in more than one of these areas."

<span class="mw-page-title-main">Sustainable fashion</span> Reduction of environmental impacts of the fashion industry

Sustainable fashion is a term describing efforts within the fashion industry to reduce its environmental impacts, protect workers producing garments and uphold animal welfare. Sustainability in fashion encompasses a wide range of factors, including cutting CO2 emissions, addressing overproduction, reducing pollution and waste, supporting biodiversity and ensuring that garment workers are paid a fair wage and have safe working conditions.

Fashion forecasting began in France during the reign of Louis XIV. It started as a way of communicating about fashion and slowly transformed into a way to become ahead of the times in the fashion industry. Fashion forecasting predicts the moods of society and consumers, along with their behavior and buying habits and bases what they may release in the coming future off of the forecast. Fashion trends tend to repeat themselves every 20 years, and fashion forecasting predicts what other trends might begin with the rotation of fashion as well. Fashion forecasting can be used for many different reasons, the main reason being staying on top of current trends and knowing what your consumer is going to want in the future. This method helps fashion brands know what to expect and what to begin producing ahead of time. Top name brands and high end companies such as Vogue and Gucci even use this method to help their designers become even more informed on what is to come in the fashion industry.

Wholesale fashion distribution refers to the global market of bulk clothing sales, in which producers, wholesalers and sellers are involved in a commercial, business-to-business process.

Fast fit refers to a method of handling the shipping and sampling processes typical of multinational organizations who primarily manufacture offshore, specifically in the fashion and textile industry. Fast Fit centers on the sharing of 360-degree, annotatable images intended to reduce the costs and lead times associated with shipping physical samples. The term is particularly prevalent among companies that fit the Fast Fashion model, as Fast Fit is considered to be a vital component in the reduction of time between design inspiration and final production of a garment or product.

<span class="mw-page-title-main">Clothing industry</span> Industry encompassing the design, manufacturing, wholesaling and retailing of clothes

Clothing industry or garment industry summarizes the types of trade and industry along the production and value chain of clothing and garments, starting with the textile industry, embellishment using embroidery, via the fashion industry to apparel retailers up to trade with second-hand clothes and textile recycling. The producing sectors build upon a wealth of clothing technology some of which, like the loom, the cotton gin, and the sewing machine heralded industrialization not only of the previous textile manufacturing practices. Clothing industries are also known as allied industries, fashion industries, garment industries, or soft goods industries.

<span class="mw-page-title-main">Digital fashion</span> Visual representation of clothing with digital software

Digital Fashion is a field of fashion design that relies on 3D software or artificial intelligence to produce hyper-realistic, data-intensive digital 3D garment simulations that are digital-only products or digital models for physical products. Digital garments can be worn and presented in virtual environments, social media, online gaming, virtual reality (VR), and augmented reality (AR) platforms. The field contributes to the development of a more sustainable future for the fashion industry It has often been praised as an answer to ethical and creative concerns of traditional fashion by promoting innovation, reducing waste, and encouraging conscious consumption.

<span class="mw-page-title-main">Slow fashion</span> Concept in sustainable fashion

Slow fashion is an aspect of sustainable fashion and a concept antithetical to fast fashion. It is part of the "slow movement" advocating for clothing and apparel manufactured with respect to people, the environment and animals. As such, contrary to the industrial practices of fast fashion conglomerates, slow fashion involves local artisans and the use of eco-friendly materials.

<span class="mw-page-title-main">Environmental impact of fashion</span>

The fashion industry, particularly manufacture and use of apparel and footwear, is a significant driver of greenhouse gas emissions and plastic pollution. The rapid growth of fast fashion has led to around 80 billion items of clothing being consumed annually, with about 85% of clothes consumed in United States being sent to landfill.

<span class="mw-page-title-main">Impact of the COVID-19 pandemic on the fashion industry</span>

The impact of the COVID-19 pandemic on the fashion industry was primarily caused by the sudden and global store closures worldwide which strongly impacted the fashion industry. The complete absence of revenue from physical stores caused a deep drop of revenue for fashion retailers, a complete reconfiguration of the stocks for fashion brands, and consequently a drop of orders for garment manufacturers. Many fashion retailers filed for bankruptcy in the aftermath of the pandemic.

Hype in marketing is a strategy of using extreme publicity. Hype as a modern marketing strategy is closely associated with social media.

<span class="mw-page-title-main">Fast fashion in China</span>

Fast fashion is a term used to represent cheap, trendy clothing that is made to replicate higher end fashion trends. As of 2019, China remains the leading producer of fast fashion clothing. Many sweatshops are located in China, where the workers are underpaid and overworked in unsafe environments. China produces 65% of the world's clothing, with a majority of these clothes being labeled as "fast fashion". The top ten competitors in the fast fashion market make up 29.13% of the whole fashion market in 2020.

References

  1. 1 2 3 4 5 "Fashion Brand". www.brand-trust.de. Retrieved 2023-05-13.
  2. 1 2 "What is Fashion Brand | IGI Global". www.igi-global.com. Retrieved 2023-05-13.
  3. 1 2 "Top15 Best Fashion Companies In India 2023 - Inventiva". 2023-03-07. Retrieved 2023-05-14.
  4. ↑ "Understanding the Influence of Brand Personality on Consumer Behavior - Volume 3, No. 1, March, 2015 - Journal of Advanced Management Science (JOAMS)". www.joams.com. Retrieved 2023-05-14.
  5. 1 2 3 4 Huggard, Emily; Cope, Jon (2020-02-19). Communicating Fashion Brands: Theoretical and Practical Perspectives. Routledge. ISBN   978-0-429-87558-8.
  6. ↑ Tungate, Mark (2005). Fashion Brands: Branding Style from Armani to Zara. Kogan Page Publishers. ISBN   978-0-7494-4299-6.
  7. 1 2 3 "Fashion industry | Design, Fashion Shows, Marketing, & Facts | Britannica". www.britannica.com. Retrieved 2023-05-14.
  8. ↑ "What Does Couture Mean- Definition and French Translation - The Dapifer". 2017-07-08. Archived from the original on 2017-07-08. Retrieved 2023-05-14.
  9. 1 2 3 Jin, Byoungho; Cedrola, Elena (2016-06-28). Fashion Brand Internationalization: Opportunities and Challenges. Springer. p. 2. ISBN   978-1-137-52337-2.
  10. ↑ Bouchet, Patrick; Hillairet, Dieter; Bodet, Guillaume (2013). Sport Brands. Routledge. p. 136. ISBN   978-0-415-53284-6.
  11. ↑ "Luxury Brands, Premium Brands". www.brand-trust.de. Retrieved 2023-05-13.
  12. ↑ Fionda, Antoinette M; Moore, Christopher M (March 2009). "The anatomy of the luxury fashion brand". Journal of Brand Management. 16 (5–6): 347–363. doi:10.1057/bm.2008.45. ISSN   1350-231X. S2CID   167898713.
  13. ↑ Beras, Erika (2018-08-01). "Mid-luxury brands say no to discounted goods". Marketplace. Retrieved 2023-05-13.
  14. ↑ Bhardwaj, Vertica; Fairhurst, Ann (February 2010). "Fast fashion: response to changes in the fashion industry". The International Review of Retail, Distribution and Consumer Research. 20 (1): 165–173. doi:10.1080/09593960903498300. ISSN   0959-3969. S2CID   167708658.
  15. ↑ Sull, Donald; Turconi, Stefano (June 2008). "Fast fashion lessons". Business Strategy Review. 19 (2): 4–11. doi:10.1111/j.1467-8616.2008.00527.x. ISSN   0955-6419. S2CID   154671050.
  16. ↑ Diaz Ruiz, Carlos; Cruz, Angela Gracia B. (2023-01-01). "Unconventional luxury brand collaborations: a new form of luxury consumption among young adults in China". International Marketing Review. 40 (7): 1–21. doi:10.1108/IMR-04-2022-0099. ISSN   0265-1335.
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