sisley company
TRANSCRIPT
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BACKGROUND OF THE COMPANY
Benetton Group S.p.a. is a global fashion brand, based in Treviso, Italy. The name comes from
the Benetton family who founded the company in 1965. Benetton Group is listed in Milan.
Benetton has a network of over 6,500 stores in 120 countries. The stores are managed by
independent partners and generate a total turnover of over 2 billion euro.
In 1965, Luciano Benetton, the oldest of four children, was a 30-year-old salesman in Treviso.
He saw a market for colorful clothes, and sold a younger brother's bicycle in order to buy his first
second-hand knitting machine. His initial small collection of sweaters received a positive
response in local stores in the Veneto region, and soon after he asked his sister and two younger
brothers, Gilberto and Carlo, to join him. In 1965, the entity known as the "Benetton Group" was
formed.[3]
In 1966, the Benettons opened their first store in Belluno and three years after in Paris, withLuciano as chairman, his brother Gilberto in charge of administration, their younger brother
Carlo running production, and Giuliana as a chief designer.
Luciano, Giuliana, Gilberto and Carlo Benetton, launched the activities of the Benetton Group in
1965. The company is today present in about 120 countries around the world. Its core business is
clothing with the fashion-orientated United Colors of Benetton and Sisley brands, The Hip Site,
the brand for teenagers and the sportswear brands Playlife and Killer Loop. Benetton Group is
listed on the stock exchanges of Milan, Frankfurt and New York.
Born in 1935, Luciano Benetton is Chairman of the Benetton Group. He is also on the Board of
Directors of Edizione Holding, the family-owned financial holding company and was a Senator
of the Italian Republic from 1992 to 1994. He is the father of four children.
Born in 1937, Giuliana Benetton is currently on the Board of Directors of both Edizione Holding
(the family-owned financial holding company) and Benetton Group. She is married and has four
children.
Born in 1941, Gilberto Benetton is Chairman of Edizione Holding (the family-owned financial
holding company) Chairman of Autogrill, board member of Autostrade and board member of the
Benetton Group. He is Deputy Chairman of Olimpia, largest shareholder in Olivetti, which owns
approximately 54% of Telecom Italia. Gilberto also holds the position of Deputy Chairman in
these two companies. He is married and has two children.
Born in 1943, Carlo Benetton is Deputy Chairman of both Edizione Holding (the family-owned
financial holding company) and of Benetton Group. He is the father of four children
http://en.wikipedia.org/wiki/Brandhttp://en.wikipedia.org/wiki/Trevisohttp://en.wikipedia.org/wiki/Italyhttp://en.wikipedia.org/wiki/Benetton_familyhttp://en.wikipedia.org/wiki/Borsa_Italianahttp://en.wikipedia.org/wiki/Luciano_Benettonhttp://en.wikipedia.org/wiki/Venetohttp://en.wikipedia.org/wiki/Benetton_Group#cite_note-Timeline_of_the_Benetton_Group-3http://en.wikipedia.org/wiki/Benetton_Group#cite_note-Timeline_of_the_Benetton_Group-3http://en.wikipedia.org/wiki/Benetton_Group#cite_note-Timeline_of_the_Benetton_Group-3http://en.wikipedia.org/wiki/Bellunohttp://en.wikipedia.org/wiki/Parishttp://en.wikipedia.org/wiki/Parishttp://en.wikipedia.org/wiki/Bellunohttp://en.wikipedia.org/wiki/Benetton_Group#cite_note-Timeline_of_the_Benetton_Group-3http://en.wikipedia.org/wiki/Venetohttp://en.wikipedia.org/wiki/Luciano_Benettonhttp://en.wikipedia.org/wiki/Borsa_Italianahttp://en.wikipedia.org/wiki/Benetton_familyhttp://en.wikipedia.org/wiki/Italyhttp://en.wikipedia.org/wiki/Trevisohttp://en.wikipedia.org/wiki/Brand -
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(Source:http://www.fragrancex.com/products/_bid_Benetton-am-cid_perfume-am-
lid_B__brand_history.html )
In 1965-66, a distinctive logo based on a stylized knitting stitch was added to the Benetton name,
which in the meantime had become a trademark. In 1991, a series of global advertising
campaigns introduced the idea of United Colors, which led to the creation of a new brand andlogo featuring centralized text. In 1996, in a final, purely aesthetic change, architect Massimo
Vignelli moved the text to the upper left-hand corner of Benetton's green box. The logo stayed
the same, but its position was rationalized.
(Source:http://www.benettongroup.com/group/profile/group-history )
Today Benetton Group is one of the best-known fashion companies in the world. Present in 120
countries with a network of over 6,500 stores, its total turnover exceeds 2 billion euro a year.
Under the guidance of Alessandro Benetton, Chairman of Benetton Group since April 2012, it is
more than ever a responsible group that plans for the future and lives in the present, with awatchful eye to the environment, to human dignity, and to a society in transformation.
The Group has a consolidated identity comprised of colour, authentic fashion, quality at
democratic prices and passion for its work: these values are reflected in the strong, dynamic
personality of the brands United Colors of Benetton, Undercolors of
Benetton, SisleyandPlaylife.
(Source: http://www.benettongroup.com/group/profile/glance )
SISLEY
A place, Paris, a date, 1968, and a Denim collection. Thats how the story of the Sisley brand
started, a brand that, year after year, has continued to offer a revolutionary way of dressing
compared with the standards of the time, in perfect tune with the most avant-garde trends of thepresent and aimed exclusively at the young. Sisley, with over 850 outlets globally, is targeted at
the premium end of the apparel market.
The encounter with Benetton occurred in 1974, when the Group, perceiving the potential, bought
exclusive rights to use the name, but it was not until 1985 that Sisley took on its own personality
within the Group. An independent creative and sales staff organization was set up; a new image
was born in terms of points of sale, product and advertising. 1996 marked another importantstage in Sisleys history: the logo was changed from the gold-burgundy emblem that made the
brand famous throughout the world, to a more elegant and refined logo, a white inscription on a
black background.
The Sisleyproduct is fashion reinterpreted for everyone. A style composed of character,substance and determination, presented in a simple but refined way. With this concept, Sisley is
http://www.fragrancex.com/products/_bid_Benetton-am-cid_perfume-am-lid_B__brand_history.htmlhttp://www.fragrancex.com/products/_bid_Benetton-am-cid_perfume-am-lid_B__brand_history.htmlhttp://www.fragrancex.com/products/_bid_Benetton-am-cid_perfume-am-lid_B__brand_history.htmlhttp://www.benettongroup.com/group/profile/group-historyhttp://www.benettongroup.com/group/profile/group-historyhttp://www.benettongroup.com/group/profile/glancehttp://www.benettongroup.com/group/profile/glancehttp://www.benettongroup.com/group/profile/group-historyhttp://www.fragrancex.com/products/_bid_Benetton-am-cid_perfume-am-lid_B__brand_history.htmlhttp://www.fragrancex.com/products/_bid_Benetton-am-cid_perfume-am-lid_B__brand_history.html -
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ever closer to the consumer, enabling everyone to express their personality, free from external
constraints.
Every season, Sisley launches men and womens collections whose basic objective is to be
always on the same wavelength as those who follow fashion and keep themselves abreast of the
trendiest tendencies. The collections, in fact, include sporty and casual wear, formal and elegantdresses therefore an all-round offering for every moment of the day and for various needs-
which interpret future trends, take in fashion crazes from all parts of the globe and leaves
matching to individual tastes. Extremely up-to-date collections right down to details, toaccessories, colors and to fabrics, which are combined to a refined style, with no overstatements.
Another indisputable factor for the success of the brand throughout the world is its advertisingcampaigns. It is well known how much emphasis is placed on communication within the Group,
to convey a promotional message whose objective is not only to sell a product. Also it aims at
creating an image and a life style differentiates certain individuals from the crowd.
(Source: http://www.sisley.com/about/brand/ )
http://www.sisley.com/about/brand/http://www.sisley.com/about/brand/http://www.sisley.com/about/brand/ -
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TRICOT
JACKETS
KNITS
DENIMS
WOVEN
BOTTOM
SHIRTS
ACCESSORI
ES
FOOTWEAR
MENS
TRICOT
JACKETS
KNITS
DENIMS
WOVEN
TOP
WOVEN
BOTTOM
ACCESSORI
ES
FOOTWEA
R
WOMEN
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Literature Review
During the buying process in Sisley, I realized that the brand is not known to many buyers and
there are many misconceptions about the brand products and prices. Also the other brands which
deal in the same kind of merchandise are doing well as compared to Sisley. To see how Sisley
can perform better, I found out the competitors on the basis of product and price. There are
different categories of range that are offered by the brand like tricot, knits, jackets, denims,
woven tops etc. The aim is to study all the competitors to find out the USP of the brands and to
see how a new range can be introduced.
OBJECTIVES OF THE PROJECT
RO1- To study the consumers perception about the brand Sisley and its competitors.
RO2- To Study the previous years sale of the Brand to see where they make maximumprofit
RO3- Suggest areas of improvement to the brand- based on the outcome of Research
Objectives.
CATEGORIES BASIS MEN WOMEN
TRICOT Product
& Price
TOMMY
HILFIGHER
MANGO
JACKET Product
& Price
GUESS MANGO/PROMOD
KNITS Product
& Price
TOMMY
HILFIGHER
PROMOD
DENIMS Product FCUK FCUK
WOVEN
BOTTOM
Product
& Price
FCUK FCUK
SHIRTS/WOVEN
TOP
Product
& Price
CALVIN
KLEIN
MANGO
FOOTWEAR Product TOMMY ALDO
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SCOPE OF THE PROJECT
This project is very important for the Company as well as for the brand Sisley. Sisley really
needs to reach to its consumers in a better manner. This project will be of a great value to the
brand as it will help them know how they can be different from their competitors. Also I will
suggest them a new and commercial range for their consumers. I will be able to provide
them with detailed information about the other competitive brands which can help them
compare the range and products.
LIMITATIONS
& Price HILFIGHER
ACCESSORIES Product
& Price
FCUK GUESS
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Time constraint- Sisley has already launched their ss13 and the collection is in theirstores but for other brands the launch is still down the line, so I wont be able to
compare the product range right now.
3 years sales report- I will be studying the sales report for Sisley to find out theirUSP in terms of revenue, but I wont be able to the same for other brands
Merchandising Aspect- This project is supposed to have a merchandising aspect.Since I am working in a retail brand, it is difficult to include having a merchandising
aspect.