“Coco” Chanel [case]
Founded: 1909/1910
Founders: Gabrielle “Coco” Chanel. 135, Avenue Charles de Gaulle (Gabrielle Bonheur "Coco" Chanel (August 19, 1883 – January 10, 1971) was a pioneering French fashion designer whose modernist philosophy, menswear-inspired fashions, and pursuit of expensive simplicity made her an important figure in 20th-century fashion. Her influence on haute couture was such that she was the only person in the field to be named on TIME Magazine's 100 most influential people of the 20th century.)
Headquarters: 92521 Neuilly-sur-Seine Cedex Paris, France.
Area served: Worldwide boutiques Alain Wertheimer, co-owner.
Key people: Gerard Wertheimer, co-owner Karl Lagerfeld, head designer.
Industry: Fashion.
Products: Luxury goods
Design Concept: elegance, simplicity and beautiful
Chanel is a Parisian fashion house created by Coco Chanel. Specializing in luxury goods. A brand is more than a name, design or symbol. Brand reflects personality of the company which is organizational culture. Branding means creating reference of certain products in mind. The Chanel label has become one of the most recognized names in luxury and haute couture fashion. Coco Chanel represents the company's image.
Objective of chanel
Objective of chanel
The objective of a corporation is attained harvest anticipated during a certain period and it’s a reflection and embodiment for active intention of a corporate management. "Chanel goal is attract consumers - not the type of impulsive consumption, but rather the acceptance of the brand." Chanel belongs to luxury goods, so we can confirm that Chanel target customers are upper-class people and white collars, According to different price; chanel always adhering to the social elite for its target customer of the base or High-income groups.