Showing posts with label accessories. Show all posts
Showing posts with label accessories. Show all posts

Friday, November 8, 2013

Chopard's universe of happiness...


Famous couture houses and luxury jewelry companies have moved beyond their core products during recent decades. Chopard began 153 years ago as a producer of quality watches before expanding its product portfolio into jewelry in 1963.[1] Later the company diversified again – into leather goods, eyewear, fragrances and other accessories. This way the company managed to reinforce its brand’s position and thereby increased consumer excitement as well as high publicity on events such as the Cannes Film Festival (the Golden Palm award was designed by Chopard by the way…).

Let’s now have a detailed look into the product portfolio and brand extension of Chopard:


As illustrated above, the portfolio involves five different product categories: High Jewelry, Jewelry, Watches, Engagement and Accessories. Each of these is further divided in sub-categories and product lines.

High Jewelry is the one that celebrities wear on the red carpet and that we all admire because of the one of a kind craftsmanship and the exceptional stones used for each piece. But the “regular” Jewelry collection is not less prestigious: it includes well-known masterpieces such as the Happy Diamond Collection which is already celebrating its 37th birthday. Maybe you will recognize some pieces in this video about Chopard’s “Universe of Happiness”:


If you’ve not been falling in love with Chopard yet, you should have a look at the engagement collection. Besides the most beautiful collection of rings, you have the possibility to personalize your own bridal jewelry that will then be made for your special moment.


The watches collection is shaped by inspirational, sophisticated as well as classic pieces and surprises with an exclusive partnership with Zagato, a legend of Italian automobile design for the classic racing collection.[2]


Concluding this post, I want you to keep Chopard in mind as a good example for a diversification in product categories and to dip into the universe of happiness and enchantment:

                                                                                                                                                                                                                                                                                      SG
                    

Sources:
http://www.chopard.com/timeline/
http://www.chopard.com/collections/zagato

The world of BVLGARI...

Present in 24 countries, operating with more than 41 companies and 3,815 employees and a distribution network of 295 stores in the most exclusive shopping areas, the Bulgari Group is mainly present in the travel retail and domestic channel.[1]

The Bulgari Group’s portfolio includes high-end products and services that can be found under the BVLGARI brand all over the globe: jewelry, watches, accessories, fragrances, skincare, hotel and resorts.

In order to give you a short overview about the different divisions and where most of the revenues come from please have a look at the chart below:



As you can see, jewelry, watches and accessories account for 74% of the company’s revenues in which jewelry contributes the most, followed by watches, accessories, royalties and others.


For more detailed information please find below all product categories within this division:



Furthermore, in each of the categories there are different collections and product lines, such as the famous B.Zero1 line or the BVLGARI-BVLGARI watch.

The perfume and skincare division is the second strongest within the Bulgari Group and accounts for 23% of the revenues. As categories we can find Bath & Body, Fragrances with different product lines and Gift Sets.

Last but not least Bulgari Hotels, Resorts and Restaurants contribute to the company’s revenue with 1.5%.[1]

Having introduced you all of Bulgari’s product divisions, categories and product lines, it can be said that the group managed to create BVLGARI as a strong parent brand which is gives its name to each category in order to leverage sub-brands, such as BVLGARI Restaurant, and to increase its brand equity.

To sum up, this product and service portfolio covers many different categories and product lines. Consumers who skip into the world of BVLGARI will not only be robed with jewels for each occasion but can even smell like their favorite brand and experience the Bulgari lifestyle in one of the hotels or the restaurant.

Enjoy a short trip into Bulgari's world of luxus! 


  SG





[1]http://us.bulgari.com/about/about_bulgari.jsp?cat=cat00105#editorial_01.jsp?cat=cat00112&mFolder=abvl_co_facts_figures

Other Sources:

Bulgari Logo: http://www.infomediaire.ma/sites/default/files/news_images_haut/BULGARI_LOGO_POS_1_0.jpg?1371117804
Watch: http://strangeline.net/wp-content/uploads/2013/05/The-New-Bulgari-Watch.gif
Ring Gold: http://www.lionel-meylan.ch/wp-content/uploads/2011/07/Bulgari-or-rose-sertie-Bzero1_AN855553.jpg
Scarf: http://vdc-img-0.ig1-cdn.com/img/produit/224/737020-1.jpg?1
Hotel Logo: http://vectorlogotypes.net/logos/preview/B/Bvlgari_Hotels__Resorts.png
Restaurant Logo: https://fbcdn-profile-a.akamaihd.net/hprofile-ak-prn2/c10.10.160.160/968781_189964114493940_99447402_a.jpg
Skincare: http://www.secondcitystyle.com/images/6a00d83451595d69e2013487f8a826970c-500wi.jpg
Perfume: http://i.iparfumerie.de/view/5/bvlgari/bvljanw_aedp__2.jpg