Trench Power.
This week saw the very different news of Burberry and Aquascutum.
Two brands born out of beige trench-coats with a checked lining and rich British heritage – but one on the brink of going into administration and the other celebrating record profits of over £370M.
So what made the difference?
To me it is about the power of a brand.
Over the last ten years, under the watchful eye of chief creative officer, Christopher Bailey, Burberry has rocketed ahead.
Their campaigns included many icons, such as Kate Moss, Aggy Deyn and even Emma Watson who they took from a teenage Harry Potter actor to a global fashion icon through their association.
And as a result the column inches followed.
Burberry was also the first luxury brand to truly ‘get’ digital marketing.
Early on they developed a stand-out digital platform with their ‘art of the trench’ photo sharing platform, which became a global sensation (partly thanks to collaborating with leading fashion blogger Scott Schuman – The Sartorialist).
They changed fashion weeks forever by live streaming runway shows and allowing shoppers to buy direct from the catwalk using iPads.
This constant innovation has resulted in over 12 million Facebook fans who they engage with constantly and fueled an insatiable demand for the Burberry brand across the globe.
It is no longer just about trenchcoats – but fashion, leather goods and accessories.
They are a brand that puts marketing and digital at their heart and the success has followed as a result.
Can Aquascutum be turned around and mirror this success through a new purchaser?
Absolutely.
There is a growing global demand for British brands with a rich heritage across the globe so there is an opportunity for Aquascutum.
But this industry is now based on much more than just good product.
Aquascutum would need to become a brand with meaning that people want to be part of.
And this will only be achieved through solid investment, innovative thinking and engagement with a global audience.
@adamclyne


