brand mang assing brand portfolio madiya
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BRAND PORTFOLIO MANAGEMENT ASSINGMENT
Critical analysis reportsubmitted by:
Madiya M.Killedar
Brand Overview:
For over 80 years, Raymond is counted as one of the world's premier manufacturers of worsted
suiting fabric in fine grade wool; in the same league as the finest that Europe has to offer.
Today, the Raymond product range includes pure wools, wool blended with exotic fibres like
camel hair, cashmere and angora and innovative blends of wool with polyester, linen and silk.
Offering suiting and trousering fabric for all occasions and needs.
The domestic distribution is spread far and wide with more than 30,000 outlets that stock and
sells wide range of fabrics.Fine products, wide range, superb distribution and intelligent
advertising support have helped the company gain a dominant share of the market. No wonder,premium labels from the world's fashion capitals prefer Raymond.
Trust, Excellence, Quality, these are some of the abiding values that have been associated with
Raymond over the years. Today, it has the distinction of being the world's largest integrated
producers of worsted suiting fabrics.As an integrated player, they provide end-to-end fabric
solutions right from manufacturing worsted, woollen and linen fabrics to creating suits, trousers
and apparel.Their consistent focus is on cutting-edge research and technology which has resulted
in pioneering new products and also set new benchmarks in the worsted suiting industry in India.
Raymond have the distinction of producing the finest suiting in the world using super fine woolfrom 80s to 240s count and blending the same with superfine polyester and other specialty fibres,
like Cashmere, Angora, Alpaca, Pure Silk, Linen etc.
They produces nearly 20,000 designs and colours of suiting fabric that have found their way in
over 55 countries including the European Union, USA, Canada, Japan and Australia among
others. Even as their products evolved with the times, the brand still caters to the different faces
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of 'The Complete Man'- a man who is caring, sensitive and places a huge premium on
relationships.
Brand Portfolio:
Raymonds Premium Apparel:
Raymond Premium Apparel is a premium formal wear brand which is
postioned to offer classic garments with impeccable fits and inviting styles
to the Global Indian. Needless to say that the product is made only from
premium Raymond fabrics.
Manzoni:
Manzoni is a luxury lifestyle brand offering the discerning customer a
super premium range of formal wear and sportswear including shirts,
suits, trousers, jackets, ties and leather accessories. The exclusive designs
provide customers the best in contemporary international style & luxury.
Each garment is crafted from the most exotic cotton silk, linen and
superfine wool, the best-in-the-world linings, interlinings and threads
sourced from around the globe.
Park Avenue:
Launched in 1986, Park Avenue is today, India's most admired
formalwear brand. It offers stylish and innovative wardrobe solutions to
gentlemen for all their dressing needs, be it Business, Evening, Leisure,
Travel or Heritage Wear. The brand has received several awards.
Recently, it had the honor of being the 'Most Admired Brand' at the Lycra
Images Fashion Awards 2007 for the third consecutive year.Crossing the
gender divide, Park Avenue launched 'Park Avenue Woman' - a completerange of Business Wear for women. Park Avenue Woman is designed specially for the working
women professionals of today.
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Color Plus:
ColorPlus is one of India's premium and most respected casual wear
brands offering customers a range of shirts, trousers, knits and
survival gear. ColorPlus constantly innovates processes
andtechnologies offering buyers new worlds of comfort. Some of
the technological innovations it is well known for; include thermo-
fused buttons, golf ball wash, soft jeans, wrinkle free technology,
stain-free fabric, and the cone dyed technique. Adding new color
now to the womans wardrobe,ColorPlus recently launched
ColorPlus Woman - An exclusive range of smart-casual clothing.
Parx:
Parx is a premium casual lifestyle brand, which is positioned to cater to
the needs of consumers who are looking for dressing up for life across
occasions and events. Parx makes available the latest international trends
through differentiated designs and styles. It has always been part of the
consumer who is looking at making lifestyle statements.
Zapp:
The burgeoning children's wear market has now turned stylish with Zapp!
range of stylish and fashionable kidswear. The brand brings to 4-12 years a
wide range of clothes, accessories, bed and bath linen and more. The first
Zapp! store has been launched in Ahmedabad with ten more on their way
for kids across the country.
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Notting Hill:
Notting Hill reflects style and manifests originality of today's
fashion- conscious and discerning young professionals at anaffordable price. The brand collection features a spectrum of
men's lifestyle products comprising of suits, shirts, trousers, jeans,
t-shirts and also accessories like ties, handkerchiefs and socks.
The Raymond Shop:
The Raymond Shop is a premium retail store offering complete
wardrobe solutions for men, which includes top-of-the-line
brands - Raymond, Manzoni, Park Avenue, ColourPlus and
Parx.
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The Brand Reality Model:
Vision1. Mission
The commitment of making "Raymond the most Desired Workplace for top talent". And
will strive to weave in the core Raymond values namely Quality, Trust, Leadership, andExcellence in all their actions & Processes so as to make every Raymondite a complete
man.
2. Organizational values Trust Quality Leadership Excellence3. Envisioned future
To make Raymond the most desired Workplace for top talent around the globe .so as to
imprint the impression of THE COMPLETE MAN in the minds of the people
Business
Strategy
Measu
reVision
Culture
Identiy
Define
Architecture
Engage
Capitalise
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Culture1.Artefacts Raymond employees are seated in closed offices as they follow a very closed
corporate culture reflecting their core brand values,
The management team seated on the top level of the office, Management have reserved parking places, All wear formal clothes in order to support their core brand value.
2.Values Trust Quality Leadership Excellence
Identity:1. Understanding the corporate reputation and the factors that drive it: Corprate Reputation:For over 80 years, Raymond is counted as one of the world's premier manufacturers of
worsted suiting fabric in fine grade wool; in the same league as the finest that Europe has to
offer.
Trust, Excellence, Quality, these are some of the abiding values that have been associated
with Raymond over the years. Today, it has the distinction of being the world's largest
integrated producers of worsted suiting fabrics.As an integrated player, they provide end-to-
end fabric solutions right from manufacturing worsted, woollen and linen fabrics to creating
suits, trousers and apparel.Their consistent focus is on cutting-edge research and technology
which has resulted in pioneering new products and also set new benchmarks in the worsted
suiting industry in India.
Even as their products evolved with the times, the brand still caters to the different faces of
'The Complete Man'- a man who is caring, sensitive and places a huge premium on
relationships.
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2. Understanding the category the frame of reference:
Category insight
s:
Raymond Premium Apparel is a premium formal wear brand which is postionedto offer classic garments with impeccable fits and inviting styles to the Global
Indian.
Manzoni is a luxury lifestyle brand offering Park Avenueoffers stylish and innovative wardrobe solutions to gentlemen for all
their dressing needs, be it Business, Evening, Leisure, Travel or Heritage Wear.
ColorPlus is one of India's premium and most respected casual wear Parx is a premium casual lifestyle brand, which is positioned to cater to the needs
of consumers who are looking for dressing up for life across occasions and events.
Zapp! - Our range of stylish and fashionable kidswear. Notting Hillreflects style and manifests originality of today's fashion- conscious
and discerning young professionals at an affordable price.
The Raymond Shop is a premium retail store offering complete wardrobesolutions for men,
3. Dynamic need segmentationThe segmentation of the need of all customers from children to the old people have been
done phenominally by the raymonds brand across the country wher in they protect their
values and culture, by blendidnd it in the countries culture as to cater to all age ofcustomers and flfill their nedds, so that can be assumed as the main reason for its
sustainance as well as success for past 80 years as unbeaten and self sustained brand
throughout.
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4. Identification of the brand and its competitors with in the category: Brand elements
From review of theory and pratical cases I have found the following brand components to
be the most relevant:
Brand name:
brand still caters to the different faces of 'The Complete Man'- a man who is caring, sensitive
and places a huge premium on relationships.
the perfection which it has been delivering throughout these years and its sucesseful sustainnance
of the brand saying that SINCE 1925
Packaging
The pakaging of thr products is very unique as it caters mostly to the elite classand also to upper
middle class to some extent.
Colors:
the of the logo symbolises richness, trust, and excellence because the red color used is dark and
deep colors
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Define1. Defining the brand identity
Brand identity prism
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Architecture Brand hierachy
The brand hierarachy is phenominally followed by raymonds as it has built it corporate brand
first i.e the raymond premium apparels , then its umbrella brand like manzoni and park avenue
,etc.
Engage Supporting organizational values
Raymonds firmly supports its organisational values those are
Trust Quality Leadership Excellence
Capitalise: Brand development:
Raymonds first built its corporate brand which was for the niche market i.e. man suiting and
shirtings, then it built its brand to cater few more people which comprises of the casual wear for
men and for children, through which it built its brand more firmly.
.