gateway

Tuesday, 16 July 2019 12:28

Burberry chalks out new strategies with new logo

Rate this item
(0 votes)

Burberry is looking to go more upmarket. Burberry is moving past its famed camel check prints with new logo-style branding. The brand is banking on the patterned print to help improve its performance in high-margin leather goods, which make up 38 per cent of its sales. It’s a gamble as fans of the British label digest the unfamiliar monogram -- a motif of interlocking Ts and Bs-- splashed onto everything from hoodies to high heels. There are twists on Burberry classics, like trench coats lined with punky rings. The print - with versions in bolder, orange tones or greens and browns - is younger-looking and jazzier than the traditional camel, black and red check. The hope is that comparable revenue growth will improve as a result, from one per cent in the previous three months to three per cent.

Customers respond to brands who have started to use logos as a design feature, incorporating them into prints. As consumer tastes shift towards more casual clothes, there is a need for trademarks setting apart luxury cotton T-shirts from standard ones. There’s great value from a margins standpoint from logos for a brand. The price ratio on a product goes up with a logo on it.