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COS - Customer & Competitor Analysis

Adiestia Clara Shinta February 22, 2020

As a part of H&M Group, which well-known as a big group of fast fashion companies, COS, offers different goods and value to their customers as a high-street fashion brand. The fast-fashion giant, the H&M group, launched COS in 2007 as an independent fashion within different sources supplier (Abnett 2015). COS notably produce two seasonal collection every year due to a long design process within 18 months as they commit to their mission providing classic, timeless fashion pieces with hidden functional detail, this strategy is not only to priorities their product quality but also the design value itself. The brand is a minimalist, sleek but chic selection for men, women including exclusive selection for kids has earned COS the popularity as ‘high-street’ version of Celine in the fashion community. In 2018, the brand was significantly emerging; it started to available online in 21 markets and operate 270 stores across 41 countries (Kent 2020).

According to Business of Fashion (2020), COS is targeting those who design their lifestyle very simple and modern. They are described as a consistent individual and value all aspects of the functionality and practicality rather than some salient products within unnecessary addition; they are also taken account into art and design enthusiast, which is the reason. As the Creative Directive of COS, Karin Gustafsson states that the customers have a keen interest in art, design and architecture and understand about good design with their hobbies such as reading blogs, visiting galleries, which essential for them to (Abnett 2015). Furthermore, as part of my primary research and curiosity, I spoke to one of COS Store Managers, he explained that most of the customers are those who work in creative industry and communication such as fashion stylist, digital content creator. As location-wise, it is strategically in the centre of the business district, many young professionals aged 24 to 35 come to purchase their pieces in a more classic and smart style. They also have other customers older than 40 up to 60 who regularly come to the store to check and purchase their new collections. I could see how some people came to the store to find the exact item they want. Thus, I did a short interview with one of them, and she is a freelancer in the music industry. She enjoys the store arrangement as all of COS designs are very straightforward with the concept of muted and neutral colour, they arrange everything according to the colour of the item, which helps and presents her preferences and lifestyle.

The graph above shows the brand position, COS among their competitor based on the product price ranges and quality. Start from the direct competitor with same sense design, style and even similar product concept, Filippa K is well-known for their be…

The graph above shows the brand position, COS among their competitor based on the product price ranges and quality. Start from the direct competitor with same sense design, style and even similar product concept, Filippa K is well-known for their best quality with the presentations Scandinavian style as their approach especially when it comes to minimalist product designs (Hendriksz 2017). In addition, their indirect competitors, Weekend by Max Mara and Acne that have similar product and style in a bigger picture except they are more chic, feminine and quirky. Another indirect competitor is Massimo Dutti with similar price ranges and same concept of classic and basic wear. The last brand that has similar concept of product and store design as well as their aesthetic, come from the same parent companies (H&M Group 2020) and Arket has been successfully trying to meet consumer need as they call it anti-fast fashion and also provide a unique store experience (Dover 2017).

In fashion, Sustainable Fashion, fashion business Tags FashionBlog, fashiontrend, fashionspringsummer, COS, H&M, fashionanalysis, fashionreport, fashionblog, fashiontrend2021
claradiestiawhatsin2040.jpg

WHAT IS IN 2040

Adiestia Clara Shinta July 1, 2019

The high demand for textile biologist experts

Governments and business leaders will work more together on the climate change in the world with a significant rise of high-tech (C&A Foundation 2019), and the consumers considerably will become more conscious on their purchases habit. The access to the internet will give extra ease and free people to ask for any information. The internet is undoubtedly a suitable media for people who demands more of transparency on the ethical fashion and supply chain. Therefore, there should be an increasingly higher demand for fashion or textile biologist experts to create more bio-fabrication materials to efficiently simplify the provision of the eco-friendly material to increase the sustainable fashion.

 

High-tech fashion designer and developer

Mainstream design is fad and technology-led. The 3D printers have become so affordable that everyone can play at being a fashion designer and maker. It is predicted that there high possibility for fashion brands to create a downloadable product design template for 3D printers as their new product category. Tech engineers design up the latest things they wear, and they are then sold as mass-market commodities by big brands. However, it has become harder to distinguish between luxury market and mid-market because everything has become hyper accessible through digital channels combined with automated production.

 

The Rise of National Fashion Week 

The main idea comes from the peak of globalisation, followed by a high curiosity from the next current generation to experience 'pre-digital' life. 

As the ongoing transparency will be more all-inclusive and rapidly improved, people want to build a community as what they are wearing to signify their social status and to show their lifestyle off as well as their habitual to connect and associate themselves with the particular group of brands. It is believed to be the easiest way to deliver something through their style when someone wears fashion products with a specific brand image. "As fashion is fast, frivolous, cheap and entertaining, seasonal clothing along with the runway have been abandoned as new styles are released every day via digital runway shows and adverts by big multi-brand conglomerates.  There is a shift towards genderless clothing, which argely attributed to the rise of casual clothing and streetwear, which continued to dominate the fashion trends post 2020.'' (Centre For Sustainable Fashion 2019).

 

A part of the fashion industry creates entirely for digital communication interaction. Nevertheless, it is driven by a high curiosity from the current generation attraction to experience 'pre-digital' lifestyle. There is a growing subculture amongst some of the young generation, who collects vintage items and uses them to create their style (Mintel 2019).

In creative, fashion Tags fashionblog, fashionjob, fashion2040
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