Link This |
Email this |
Blog This |
Comments (1)
Of Stars and Brand Wagons
July 13, 2007
“Hitch your wagon to a star.”
-- Ralph Waldo Emerson
Who knew that a 19th century Yankee existentialist philosopher would be the guiding light for so many 21st century home textile merchandising programs?
Here’s my take: there are designers and there are celebrities. And then there are just a few stars in the home textiles firmament. Hitch your wagon to Martha Stewart and you get both very smart design guidance and exceptionally sharp marketing leadership. That combination has proven translatable into real, lasting impact at retail.
I’m also willing to give major props to Kathy Ireland. She has turned a modeling gig into an impressive fashion branding enterprise by dint of some very hard work and clear thinking.
But whenever things go awry with a celebrity – like Martha going to jail, or Sears tie-in personality Ty Pennington going DUI (arrested May 5 this year, pled “no contest” May 25) – well, the value of the branding relationship gets called into question.
Pennington has publicly handled his “error in judgment” very well, and neither his brand nor his marketing seems to have has suffered.
Martha’s company did suffer during the year or two of uncertainty precipitated by her legal travails, and she and the company recently paid a final installment to put the matter to rest. But most impressively, her marketing and fashion strength and savvy are sufficient to have pulled Macy’s into a fresh strategic partnership. A major reason is the depth of skill Martha has demonstrated, and recruited, as a design champion with a unique perspective that infuses her brand aura.
Consumers dig her stuff.
With the rash of manufacturers and retailers hooking up with celebrity types for home furnishing merchandise programs, we are sure to see some of these risks play out less than profitably. Rachael Ray (WestPoint Home), Candice Olson (JLA Home and Hellenic Rug), Cristina Saralegui (Kohl’s), Chris Madden (JCPenney) and others are now in various stages.
My hunch is that those with very solid design underpinnings will have the best chance at longevity and profit.
Posted by James Mammarella on July 13, 2007 | Comments (1)