Expert Analyses of the following article:
Vera Wang Set to Dress Up Kohl's
Source: online.wsj.com
December 10, 2007
Taking the bull by its horns..........
Author: GLG Expert Contributor
Author: GLG Expert Contributor
First things first. Will a big name suffice for driving business? The answer lies in the question. The name got bigger because it served a specific purpose in the consumers mind driving satisfaction.
December 6, 2007
Kohl's playing dress up?
Author: GLG Expert Contributor
Author: GLG Expert Contributor
-If this pays off will Wal-Mart and other retailers open up to more trendy clothing -Will a name be enough to drive business into the stores -Will this somehow dilute Vera Wang's name
September 18, 2007Simply Vera is Now On the Selling Floor
Author: Laurence Hellman, Independent Consultant, Laurence Hellman
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?
September 5, 2007Vera, Vera off the Mall: Will You Help Kohl's This Fall?
Author: Laurence Hellman, Independent Consultant, Laurence Hellman
The upcoming introduction of Simply Vera is a major initiative by Kohl's to update and energize a slightly tired sportswear vendor/ brand structure. This is a big development in a month chock full of major launches among key retail players: in addition to Vera Wang at Kohl's, we have the entry of Nordstrom into the Boston market; Martha Stewart hitting the selling floor at Macy's and...
August 27, 2007Vera Wang's New Line Is The Most Expensive Apparel Brand At Kohl's
Author: Martin Brill, Managing Partner, Sweetwater Consulting LLC
1.In department stores, it is very rare that the most expensive line in a department ever does well. 2. It is unlikely that the typical Kohl's customer ever heard of Vera Wang. 3. Kohl's advertising campaign on this brand does not speak to their moderate customer base. 4. Vera Wang's designer line will not suffer and she will make some very nice short term money until Kohl's management recognizes...
August 24, 2007Simply Vera - a big risk for the fashion diva
Author: Angela Chew, Senior Product Manager, Chadwick's of Boston, Inc.
1) Simply Vera ads are not targeted for Kohl's moderate customers 2) Is the brand and the line strong enough to bring in Federated's customers?
August 22, 2007Did Kohls go too far with the Vera Wang Assortment?
Author: Mark Sussman, President and Chief Executive Officer, Pyramid Solutions, Inc.
I have been a big fan of Kohls (KSS) merchandising strategy of introducing exclusive branded merchandise since its inception. I feel this will further prompt the customer to visit Kohls, a free standing destination store. The initial Vera Wang collections may have gone too far, too fast.
August 14, 2007
Simply Vera and Kohl's a Perfect Match!!!!
Author: GLG Expert Contributor
Author: GLG Expert Contributor
Simply Vera and Kohl's are a good partnership. Kohl's has been upgrading its image for the moderate markets, and Vera Wang needs to expand market share and increase profitability. It is good for both businesses to move toward the middle in the present economic and social environment.
August 13, 2007Kohl's wins big while Vera Wang risks it all
Author: Christopher Ramey, President, Affluent Insights
Brilliant move by Kohl's to counter Macy's move to private label. Perhaps not as brilliant a move by Vera Wang: risking their brand equity and traditional clientele.
August 9, 2007Very Vera" strengthen's ongoing plans to attract new customers
Author: Mark Sussman, President and Chief Executive Officer, Pyramid Solutions, Inc.
Implications:
- The introduction of "Vera Vera by Vera Wang" will strengthen Kohl's campaign of "Expect Great Things"
- Very Vera will increase the cache of their 4 new concepts introduced in spring. "Stamp 10 by Liz Claiborne", "Tony Hawk by Quicksilver", West End and AB studios.
- Kohl's needs to be careful not to over saturate their assortment with these premium brand names as their...
August 3, 2007Kohls will surely succeed w/ Vera as they did w/ Chaps & Daisy
Author: Jason Kra, Owner, Total Sports Resources
Relevant names but private label control will generate sure results for kohls in this new brand. branded product created specifically for Kohls is like branded retail w/ a private label mentality of control. This will be a huge success for Kohls and will follow other names as Chaps, and Daisy Fuentas which have been launched into kohls over the past few years&n...
August 2, 2007Kohl's' Simply Vera launch-the secrets in the styling, not the price.
Author: Nicholas White, President, White & Co
More than the name, styling will make the difference in whether Simply Vera is successful in Kohls stores.
August 2, 2007
Does the Kohl's customer really aspire to look like the Vera Wang shopper?
Author: GLG Expert Contributor
Author: GLG Expert Contributor
One of the biggest risks in merchandise strategy redirection is to move too far and too fast for your customer, and to do so in a loud and public way. Walmart lived this experience recently, and can probably give Kohl's management some much needed advice. Upmarket shifts are about aspirational merchandising. Identify who your customer aspires to be like, associated with, or has as her...
August 2, 2007
Vera Wang's Brand now at Kohls - Vera, have you ever been inside a Kohls?
Author: GLG Expert Contributor
Author: GLG Expert Contributor
The news that Vera Wang is hooking up with Kohls reconfirms a few things: •Pairing a bad brand with an iconic one only leads to at best a hasty failure and at worst irreparable damage to the superior brand's reputaion. •As hard as it is to kill a great brand, people always seem game to try •Vera Wang needs better counsel
August 2, 2007
Danger- Never Try to Out-Hip your customers
Author: GLG Expert Contributor
Author: GLG Expert Contributor
I think this will have the same result that Wal-Mart had when they went high end. I feel Kohl's shoppers are not looking for fashion, they are buying clothes. These shoppers need clothing that will be versitile enough for school and work and also for the rare night out to a restraunt etc
August 1, 2007Simply Vera, simply a bargain?
Author: Angela Chew, Senior Product Manager, Chadwick's of Boston, Inc.
1) A bold move for Vera Wang, will Simply Vera tarnish her Red Carpet designer image? 2) Does a brand name carry that much weight for low-moderate income customers?
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