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What's in a name? (High street collaborations)

Rirawin Posted: Mon, 17/11/2008 - 4:57pm

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In light of the recent collaboration between H&M and CDG, this makes an interesting read...

Quote:

Despite arguments over their effectiveness, celebrity and designer tie-ups continue to generate sales for multiples.

Last week it emerged that high street chain Marks & Spencer has reaped the benefit of its tie-up with Sex and the City stylist Patricia Field, scoring £1 million worth of sales in the collection's first five days.

Meanwhile, British designer Alexander McQueen signed a deal to create a diffusion collection with US value chain Target, UK department store Debenhams has reignited its relationship with designer Matthew Williamson for its Designers At range and Swedish retail giant H&M has launched a designer collaboration with Commes des Garçons founder Rei Kawakubo.

New life is being breathed into celebrity designer collaborations, suggesting they remain a long-term income stream for retailers, designers and brands. M&S's Field tie-up was a bright spot in a difficult year – it reported falling profits and like-for-like sales last week. The collection, which was available in full in 10 stores and online and had selected pieces in 50 additional stores, was a one-off one-season-only deal. But its success did not just add sales, it also garnered publicity and added fashion credibility to the offer.

A few years ago, designer collaborations and celebrity endorsements were everywhere. Actress Kelly Brook launched a swimwear line at young fashion chain New Look, WAG Coleen McLoughlin was the face of George at Asda and menswear designer Kim Jones was designing for sports brand Umbro.

They all had varying degrees of success but the end of the celebrity tie-up seemed near when McLoughlin was dropped this year, after Asda decided that celebrity tie-ups had lost their impact. The company said shoppers now wanted to relate to real women.

This has not stopped department store House of Fraser signing up supermodel Yasmin Le Bon as the face of the brand. Even its department store rival John Lewis has decided to hire model Karen Elson this autumn to front its womenswear campaigns, a move hailed as a sales-boosting success.

However, it is product collaborations that are the real money-spinner. Model Kate Moss's range for Topshop boosted the young fashion business's sales by £3.5m in its first week when it launched in spring last year and key pieces from this year's Christmas range sold out hours after going on sale last month.
Tie-ups do not only benefit retailers, as designers look to considerably boost their income with a level of effort far less than that involved in creating their own mainline catwalk collections.

McQueen's collection with Target will launch next spring, and will represent his first foray into mainstream retail. The collection will be based on the designer's diffusion line McQ. Meanwhile, Williamson is to expand his output with Debenhams' Designers at range by relaunching its womenswear component two years after it was dropped to focus on accessories. A source close to Williamson said: "Designer tie-ups can be a great way to improve designers' finances. The tie-up with Debenhams is likely to only cost Matthew about four days work per season."

Signing up a designer or celebrity can be an expensive business. It is estimated that Kate Moss's collaboration cost Topshop £3m in the first year, so banking on a name is a risky business. But this has not stopped H&M, which has pioneered the designer collaboration in the young fashion market. This week, it launched its latest collaboration with Commes des Garçon. While H&M is developing the designer tie-up to perfection and has made it part of its long-term business model, more retailers are following suit.

Designers have become less nervous about diluting their brand equity by collaborating with a high street business, as shopping across value and premium sectors has become the norm. Retailers and designers will want to take advantage and so the designer collaboration is likely to be here to stay.

(Source)

Can't believe McQueen has signed a deal with Target though Jawdropping!


Murakami Posted: Mon, 17/11/2008 - 4:59pm
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I know collabs and diffusion lines pay the rent but whatever happened to integrity


nick Posted: Mon, 17/11/2008 - 6:16pm
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Murakami wrote:

I know collabs and diffusion lines pay the rent but whatever happened to integrity

Integrity don't pay no bills.


Tronics Posted: Mon, 17/11/2008 - 6:18pm
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i'd rather see the likes of CDG and McQueen collaborate with high street brands.

then see kate moss pandering around in a shop front while delirious nobodys take a pic of her with their 1.2 megapixel cams on full flash.

the fact of the matter is high fashion (to a varying degree) is no longer 'exclusive' or reserved for the privilage few. it's been made accesible to everyone through mags such as grazia etc, pushing their readers to see outside of the bait high street names.

on one side it's a bad thing cause it means neeks like us don't get to enjoy or products with the reserved few, thus leading to every tom, dick and benjamin wearing what you cherish most.

but on the other side it gives people that wouldn't have been to able to buy said designers clothing a chance to start on the ladder.

http://StopBegging.blogspot.com


Tronics Posted: Mon, 17/11/2008 - 6:20pm
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oh and on the subject of intergrity....

the punk rock attitude has always (and should be) take from the coporate and give back to the underground.

in the case of CDG why not take h&m's big bucks and come back underground firing from all angles.

plus exposing the brand to an audience that didn't care 6 months ago will hardly damage the brand in the long run imo.

http://StopBegging.blogspot.com


joe151 Posted: Mon, 17/11/2008 - 6:26pm
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Tronics wrote:

the fact of the matter is high fashion (to a varying degree) is no longer 'exclusive' or reserved for the privilage few. it's been made accesible to everyone through mags such as grazia etc, pushing their readers to see outside of the bait high street names.

http://StopBegging.blogspot.com

disagree with that, the magazines showcase the clothes to the chavs that read them and aspire to be the people in them but are they buying them instead of river island ect? nah


GameOver Posted: Mon, 17/11/2008 - 7:02pm
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agree with joe, these magazines showcase expensive clothes but readers are much more likely to buy the 'get the look for less' from topshop etc who copy the catwalk trends. sure, a lot more people know about the big fashion houses but i really dont believe these places are shifting much more stock. these brands are still very much exclusive, its just the looks that arent.

i dont mind all these collabs, joe the plumber gets the big brand 'buzz' and doesnt really take anything away from the main lines imo, as quality etc is always better. as long as these collabs dont carry external branding i dont see a problem