Thursday, August 29, 2019
Caroll is a subsidiary
Caroll is a subsidiary Introduction Caroll is a subsidiary of the Vivarte group since 1988. This brand is one of the ready-to-wear sectorââ¬â¢s successes, which has been known and appreciated by many women for over 40 years. Caroll is particularly renowned for the quality of its products. With over 350 stores, about 100 of which are abroad Caroll is a brand that is ever growing both in France and internationally. Carollââ¬â¢s culture is based on a shared brand vision: à § Strong product identity, à § A high degree of adaptability, à § An innovative brand/distributor concept. The companyââ¬â¢s niche was knitwear only. The 1970s were boom years! In the 1980s, Caroll began to evolveâ⬠¦In 1980, it added a ready-to-wear collection and its first franchise shops in France. In 1984, Caroll opened its first branch shops. Four years later, Caroll International was listed on the stock exchange and the Andrà © group, which was to become Vivarte in 2001, purchased a large share in the company. The 199 0s were revolutionary! In 1994, Caroll International defined a new positioning for itself, creating the ââ¬Å"Caroll Parisâ⬠brand and introducing new strategies with a view to becoming a key player in the world of fashion, for a targeted yet sizeable female clientele, well informed and with high standards. In just a few years, Caroll International succeeded in completely changing its image and significantly increased its market share. After having transformed its network in France, Caroll International began to expand in other countries in 1997. Since 2000, Caroll has strengthened its image by taking on a huge challenge: the application of luxury codes to distribution. With a wealth of experience in its sector, the Brand is now particularly appreciated for the quality of its products, its expertise and its style. Part One: Marketing Audit A. Corporate Level 1. The company mission Caroll has its styling bureau in Paris. This bureau detects trends and creates collections it abl e to react quickly and design new products. Caroll missions are to design fashion clothes women, staying at the top of the fashion each seasons. The second mission is to sell this clothes and accessories by franchising new shops all around the world. 2. Company objectives & goals In order to faced with constantly evolving fashion, Caroll has chosen to continuously renew itself and launch new models, new colours throughout the season. The goal is to keep up with the latest looks. Caroll has to answer to the women wants. So, clothes are perfectly cut, the choice materials are an important part of its renewed. Caroll doesnââ¬â¢t offers only clothes fashion, it also sells accessories: scarves, jewellery, belts, bags, shoes, etc. B. Marketing Mix: 4 Pââ¬â¢s à § Product: Caroll has a large range of products. All the products are based on three same styles that are based on the ââ¬Å"details finishingâ⬠and the ââ¬Å"high quality materialâ⬠used. The silhouettes are real ly important: o 3 trends o 3 styles o 3 lines All the productââ¬â¢s shapes are well defined and cut in chosen materials, which offers a very elegant to order outfits. Caroll collection: à § Blouses à § Coats à § Dresses à § Jackets à § Pants à § Skirts à § Sweaters
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