Company
Profile
Luxottica is the worldwide leader in design, manufacturing and distribution
of premium and luxury eyewear. Luxottica has a portfolio of over
20 licenses (including Bulgari, Burberry, Chanel, DKNY, Dolce Gabbana,
Ferragamo, Ralph Lauren, Prada, Tiffany, Versace) and 10 owned brands
(including Vogue, Ray-Ban, Oakley, Revo). The company has an extensive
distribution network covering 130 countries with direct operations
in world’s key markets, both wholesale and retail. It is the
leading player in retail market in North America (with Sunglass
Hut, LensCrafters and Pearle Vision retail chains), Asia-Pacific,
UK, China and South Africa.
Case Study
The scope of the project was to analyze the current brand positioning
and competitive environment for Ralph Lauren Purple Label Eyewear,
including product characteristics, pricing, distribution and merchandising.
The goals were to understand the important attributes to the high-end
eyewear shopper, position and differentiate Purple Label from other
high-end eyewear brands.
Design, Business and Marketing Plan Solution
The development of the strategy included conducting customer surveys
and store visits to interview sales representatives with the goal
of identifying potential areas of improvement for Purple Label eyewear
brand. The results led the team to suggest the development of a
customization concept along with a unique marketing and retention
strategy for the customers.
Ralph Lauren Purple Label has always been a reflection of superior
quality and luxury. Along with these lines, the team recommended
Luxottica to update the Purple Label eyewear collection giving the
customer the possibility to modify sunglasses and eyeglasses with
varying degrees of customization: Purple Bespoke and Purple by You.
The first customization degree, Purple Bespoke, provides the customer
with the ultimate luxury experience. Its customers, ultra demanding
with a taste for excellence and expensive perfection, will be able
to choose among some of the most precious stones and exotic materials
in the world while enjoying a unique shopping experience and a personalized
brand-customer relation (access to Purple Label Club, invitation
to exclusive events, etc.).
Purple by You, developed for a younger yet highly sophisticated
men seeking for exclusivity, will give its customers the option
to chose from super premium materials (leather, metals and woods)
and enjoy a dynamic shopping experience though selected distribution
and on-line.
The ability to customize eyewear is an experience that very few
other eyewear companies are offering. This will result in a totally
unique product and will clearly position Purple Label as a luxury
brand in the eyewear category.
The Luxottica Team
Sara Carner, Columbia Business School
Jackie Korenthal, Columbia Business School
Ernest Sabine, Columbia Business School
Isabella Stanca, Columbia Business School
Charles von Faber-Castell, Columbia Business School
Melissa Eliyesil,
The New School for Design
Sarah Leff, The New School for Design
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