The FUTURE of Fashion

Everyone is watching you, and everyone knows where you are, what you’re doing and when. The project is about if you put your phone in ‘the Stealth Pocket’ you are invisible, no one is able to contact you, or talk to you at all.

Meat Pack Hijack is an app which is available on phones, which sets up an app and lets you know the discounts which are available in the Meat Pack store – each second that goes by the percentage of discount decreases each time; which brings an excitement and individuality to the store. 

Nectar points and discount cards are the future of shopping, with giving and signing up to this information, you are able to be contacted and individually publicised to about certain products which they have seen that you already have bought. Something that you are common and more likely to buy will be pushed to you first with a discount to enable you to feel special and have a more personal feel with the company; as well as keeping customers loyal within a certain industry.

DIOR vs CHANEL

When looking at the competitive market of the fashion industry, there are two names in the couture world which have battled it about for years and years: Chanel and Dior. These two are the giants of the couture world, and have such a targeted market, however, product placement and store placement are vital for this competitive market, having the best position within the market. This can be set up through the companies themselves, they choose exactly where they’d like a new store to be built, or is can be done by organisations such as John Lewis, Boots and Selfridges. 

When you walk into the fragrance section at Selfridges, first on your left you’ll find Dior, right at the door, and about 6 meters away you’ll see Chanel. This close placing of the leading brands is no coincidence. As I am interested in Dior, this was such an incredibly experience to be able to talk to the experts about the fragrances, and a chance to smell, touch, hold and get to grips with Diorissimo, which is such a magical smell. The two companies often find an overlap with the customers visiting, as they go to one first, then visit the other. Both are very sophisticated in look, and the colours are very monochrome to allow the products to speak for themselves. This is a perfect technique, as both brands are so well known, they can keep their publicity to a minimum and allow the products to speak the dream and the story behind the brand. 

Selfridges is the perfect place to find both Chanel and Dior, and both are such in-depth brands, but Dior, in my opinion, in this store has prime placement as you have to walk past the stand to get to Chanel; perfect for the competitive market.

THE New Burberry Store

As fashion is fast moving and it is constantly evolving, having something different, something that makes you stand out in such a competitive market is exactly what brands need to keep the competitors off, and is something that Burberry Regent Street have taken to another level. The whole experience is luxury, but they have incorporated a strong digital element to the store too, meaning that when you enter the changing rooms, when you stand in front of the mirror, it transforms into a screen which shows you the outfit on the catwalk and what the garment was made from. 
Christopher Bailey, the creative director for over 10 years at Burberry has made his possible, he has pushed the brand throughout the years to create something new, something unique to entice the customers in; which is so vital to the industry, and has been a high publicity push for Burberry too; constantly promoting.

http://www.regentstreetonline.com/Shopping/Burberry.aspx

THE NEW VALUE ECONOMY

There has recently been a high shift towards access rather than ownership of products; meaning that within the industry we now share, rent and borrow products instead of individually purchasing. This therefore creates a large impact on the reputation, trust and how we value the market. Because of this sudden shift of ownership, it has now effected the way that the younger consumers now curate their identities, as well as valuing products. 

There is now an element of fashion which is called the Sharing Economy; Consumers no longer therefore have the same relationship with goods and particular services. Meaning that with the rise of technologies such as Instagram and Vine, the younger generation are now able to craft their own images. Also, as there has been such a push with technology over the years there is no difference from Work and Home life, as we are all on smart phones, there is no definitive line of which stops when and where the other starts – meaning there is no down time. The new element of online stores and the combination of web magazines is due to the relationship with the younger generation and the way they communicate with brands – is it always accessible to shop online but not aways in person, meaning the face to face confrontation is becoming minimal.

‘In this World, in which we are constantly on Instagram on Twitter, on Facebook…it creates even more demand to wear aspirational clothing, to wear designer brands, to show up at cool places around the world – it fuels the experience economy.’

Consumers are now challenging the value of luxury goods, as copies and fakes are now so accessible – meaning that a negative link with luxury has therefore been formed. The new platforms that we have now, causes designers to move forward all of the time due to the fast moving market and the push from the audience – new materials are constantly being pushed, technology fashion.

High end designers area also approaching this playful approach, using new and fresh materials when creating to make the good more interesting and high end. Physical products have decreased in recent years, as smartphones have had such an impact in the way the shopping experience now occurs. It is now seen that owning a product is a burden, instead you want a temporary arrangement to constantly have the best up and coming, unique product or experience available. 

The FINAL clustering

Within the UK, there is only 1 remaining piece of Art Nouveau Sculpture, which is the middle of Piccadilly Circus – Eros, the statue of love. Carnaby street which is a short walk away in the 1960’s used to a very unique little boutique street, however it has now become very much the same as other shopping streets within London. However, Newburgh Street was the first street to be the Alternative London Fashion Week, here you can find so many interesting and one off shops which is why it has made its name on the map over the years – which is were Mac, Liberty and many other shops live. 

However, the final part of the trip leads me to Covent Garden, home of so many luxury shops and fashion clusters; but most importantly it is one of the areas where you will find Chanel and Dior right next to each other. This placement did not happy by accident, right opposite the main square, it is a prime location for the two Haute Couture giants. Though this is where you will also find Apple, one of the biggest in London, which is very important to note as there is not a large push between technology and fashion – which is what has been promoted and publicised on this years Apprentice. The Dior shop was so incredible to visit, and the staff where incredibly informative, telling us about the life of Dior, and how the company works. Dior in Covent Garden in a beauty boutique, and the first in London when the company expanded from Paris; which is why this store in particular is vital to the understanding of Dior.

Throughout this walk, I learnt so much about the store placements, why and how the stores are categorised and very strategically placed to help the consumer become tempted by more than they set out to look at. This is a vital part of the fashion industry, and clustering takes a very long time to perfect, as this is so key to the way the brand is viewed, and by who. This walk was incredibly useful for my knowledge, and taught me an awful lot about London, as well as the Designer Clusters.

Technology used by Dior

Due to the emerging market and the fact that the industry is fast moving, companies have to adapt to what is new and upcoming within the fashion industry, as well as new technologies and ways of adapting the media and ways of contacting their audiences. As we now live in the 21st Century, this month the new iPhone 6 and iPhone 6 plus got released, and within 24 hours 4 million units were sold – let alone all of the other iPhones, android products and other brand; proving that the people of this generation, showing that technology is becoming more important and part of daily life. 

This is where brands, like Dior, have entered the new world, and have a well  established website with interactivity and a very easy working system,  but keeping up with sophisticated look of the brand. As well as the following  technologies: 

• Instagram
• Twitter
• Facebook
• Blogs
• Website
• App

Because Dior has become such a developed brand in itself as well as its awareness of what the target market are currently doing, and the latest technologies which are available, it allows the whole shopping experience, in store or online to be a remembered happy experience. As well as online, in store large digital images are constantly being displayed with a very high quality, showing the consumer possible outfits and ways of combining the products in store. This is such a vital element to have within the industry as it educates the shopper in a very indirect manner.