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September 18, 2007

Simply Vera is Now On the Selling Floor

Analysis of: Vera Wang Set to Dress Up Kohl's | online.wsj.com
This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Analysis By:
Laurence Hellman, Independent  ConsultantLaurence Hellman
Independent Consultant, Laurence Hellman
Implications: Vera Wang apparel, accessories, and home furnishings  at Kohl's have been discussed, debated,  and analysed for months. Some experts are confident the Vera customer has never heard of Kohl's and the Kohl's customer has never heard of Vera. Well, the goods are now on the selling floor (and on sale at 30% off).  Does the line work?

Analysis: Well, the goods are now on the selling floor. Does the line work?  

Surprise...the answer is yes...and no. We've been shopping Kohl's regularly for years. We've never needed to park farther than  thirty feet from the main door; that's one of the conveniences the Kohl's customer consistently calls out. This week the lot was jammed, shopping carts (or whatever Kohl's calls those vehicles) were scarce, and lots of customers were buzzing about.

"Are you with another retailer or a manufacturer?" a customer asked me (alerted, I suppose by my pen and little tablet).  "If you are, watch out; this line is hot--Chico's beware".  She told me all the shoppers in the store were responding to Vera's appearance on Oprah. "we love this line" the customer confided. And, in truth, customers had armfuls of Vera knits and the jeans were sold out to the piece. The $70 long leather gloves were still on their peg hooks (hmm, for now). The line works, yes and no. We'll detail our Simply Vera observations in the next day or so--especially,  if you tell me you want to hear more.

Other Analyses of the Same Source Article:
Taking the bull by its horns..........
December 10, 2007, Author: GLG Expert Contributor
Kohl's playing dress up?
December 6, 2007, Author: GLG Expert Contributor
Vera, Vera off the Mall: Will You Help Kohl's This Fall?
September 5, 2007, Author: Laurence Hellman, Independent Consultant, Laurence Hellman
Vera Wang's New Line Is The Most Expensive Apparel Brand At Kohl's
August 27, 2007, Author: Martin Brill, Managing Partner, Sweetwater Consulting LLC
Simply Vera - a big risk for the fashion diva
August 24, 2007, Author: Angela Chew, Senior Product Manager, Chadwick's of Boston, Inc.
Did Kohls go too far with the Vera Wang Assortment?
August 22, 2007, Author: Mark Sussman, President and Chief Executive Officer, Pyramid Solutions, Inc.
Simply Vera and Kohl's a Perfect Match!!!!
August 14, 2007, Author: GLG Expert Contributor
Kohl's wins big while Vera Wang risks it all
August 13, 2007, Author: Christopher Ramey, President, Affluent Insights
Very Vera" strengthen's ongoing plans to attract new customers
August 9, 2007, Author: Mark Sussman, President and Chief Executive Officer, Pyramid Solutions, Inc.
Kohls will surely succeed w/ Vera as they did w/ Chaps & Daisy
August 3, 2007, Author: Jason Kra, Owner, Total Sports Resources
Kohl's' Simply Vera launch-the secrets in the styling, not the price.
August 2, 2007, Author: Nicholas White, President, White & Co
Does the Kohl's customer really aspire to look like the Vera Wang shopper?
August 2, 2007, Author: GLG Expert Contributor
Vera Wang's Brand now at Kohls - Vera, have you ever been inside a Kohls?
August 2, 2007, Author: Mike Kelly, Managing Partner, Brand Value Advisors LLC
Danger- Never Try to Out-Hip your customers
August 2, 2007, Author: GLG Expert Contributor
Simply Vera, simply a bargain?
August 1, 2007, Author: Angela Chew, Senior Product Manager, Chadwick's of Boston, Inc.

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