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Company
History:
Whether creating custom trunks for Empress Eugenie in 1854 or collaborating
on designs with Kanye West in 2009, Louis Vuitton has always been
on the forefront of defining luxurious experiences and providing
brilliant ways to dream and to explore.
One the most powerful icons in the world, the LV
monogram has embodied glamour and sophistication for several generations
by fusing traditional craftsmanship and innovation. Coveted from
Paris to Tokyo, the LV brand continues to inspire discerning clientele
through its unparalleled offerings in travel, leather goods, fashion,
and accessories – a complete LV lifestyle.
The
Challenge:
While accessories make or break an outfit, they are too often overlooked.
The Columbia-Parsons LV team was tasked with integrating and raising
the prominence of the brand’s latest accessories collections,
specifically sunglasses, textiles, belts and fashion jewelry. How
should LV showcase its crown jewels? What should the assortment
look like? Where should they be positioned? How should LV speak
to customers about accessories?
Together we created ACCESS LV: a strategy to integrate
accessories into the LV narrative and open the door for consumers
to experience the brand in unexpected ways.
“Access LV” – Consumer Insights, Process
and Solution:
We scoured three continents to uncover best practices inside and
outside the luxury industry. In search of unique customer experiences
and merchandising ideas, we trekked through a variety of toy stores,
prominent boutiques, and lesser known retailers, restaurants and
bars.
To better understand the brand and it’s consumers,
we combed through the extensive LV archives and conducted ethnographic
interviews as well as quantitative research.
Whereas other products often speak loudly for themselves,
we learned that with accessories it’s all about focusing on
the details to discover hidden treasures. Our key insight revealed
that LV accessories consumers are not newcomers to the brand –
rather, they are loyal customers who are seeking meaningful and
profound ways to more deeply engage in the LV story.
Our strategy, ACCESS LV, proposes dynamic enhancements
to store architecture, product selection, and consumer engagement.
The result? A cohesive voice that engages the customer in unexpected
ways.
Seek.
Play.
Excite.
Immerse.
Explore.
ACCESS LV exploits store architecture, product transversals
and consumer education to strengthen and redefine consumers’
engagement with LV accessories.
The
Louis Vuitton Project Team
Emily Dang, Columbia Business School
Arlyn Davich, Columbia Business School
Alarice Lacanlale, Columbia Business School
Allison Lehrer, Columbia Business School
Michal Saad, Columbia Business School
Marissa Wong, Columbia Business School
Anne Borelli, Parsons The New School for Design
Annie Lin, Parsons The New School for Design
Patricia Voto, Parsons The New School for Design |