Research Article
Open access
Published on 24 April 2023
Download pdf
Li,Y. (2023). Research On Fashion Trends and Brand Strategies - A Case Study of Balenciaga Marketing Strategy. Advances in Economics, Management and Political Sciences,5,199-204.
Export citation

Research On Fashion Trends and Brand Strategies - A Case Study of Balenciaga Marketing Strategy

Yuanchen Li *,1,
  • 1 School of Design, University of Leeds, Leeds, LS1 5RN, UK

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/5/20220079

Abstract

In the current era of fashion driven by social media such as Instagram, Balenciaga's creative director Demna's grasp of the brand has won more attention and social share. And Balenciaga as a successful brand that has emerged in recent years, this paper focuses on the marketing strategy of Spanish luxury brand Balenciaga in recent years under the pandemic environment. Through the compilation, review, and analysis of several media, consulting, business, trend, and academic research reports on the brand, we first present the current status of the brand and then list several key marketing strategies of Balenciaga (including social media communication strategies, environmental friendliness, brand IP co-branding, and the celebrity effect). This study aims to analyze how Balenciaga, as almost the most popular fashion brand today, has been successful in terms of product and marketing. The final results of the study also show that Balenciaga's popularity is mainly due to the 'crazy' 'bold' brand strategy and the attitude of embracing pop culture and rebellious spirit.

Keywords

Balenciaga, Marketing, Social Media, Celebrity, Meme Marketing, Sustainable

[1]. Reichart, E. & Drew, D. (2019). By the Numbers: The Economic, Social and Environmental Impacts of “Fast Fashion”. https://www.wri.org/insights/numbers-economic-social-and-environmental-impacts-fast-fashion

[2]. WGSN Insider. (2022). Innovators call for more action to save our oceans. https://www.wgsn.com/en/blogs/innovators-call-more-action-save-our-oceans

[3]. Varga, C. & Bailey, E.G. (2021). WGSN | Big Ideas 2023: Beauty. https://www.wgsn.com/en/blogs/why-empathyloyalty-and-value-will-help-brands-navigate-cost-living-crisis

[4]. Piancatelli, C., Carbonare, P., and Cuadrado-Garcia, M. (2020). Balenciaga: The Mater of Haute Couture. 141-162

[5]. Kering. (2022). Balenciaga. https://www.kering.com/en/houses/couture-and-leather-goods/balenciaga/history/

[6]. Zeitune, L. (2021). Popularizing Haute Couture: A Balenciaga Brand Case Study. Art and Design Review. 9, pp.46- 57.

[7]. Flaccavento, A. (2021). Balenciaga’s Couture Reboot: Revolution or Reiteration? https://www.businessoffashion.com/reviews/fashion-week/balenciagas-couture-reboot-revolution-or-reiteration/

[8]. BOF Team. (2021). Demna Gvasalia: ‘Couture Is The Most Sustainable Way of Consuming’. https://www.businessoffashion.com/podcasts/luxury/demna-gvasalia-couture-is-the-most-sustainable-way-ofconsuming/ ’

[9]. Deeley, R. (2021). Alexander McQueen, Balenciaga Confirmed as Fur-Free. https://www.businessoffashion.com/news/sustainability/alexander-mcqueen-balenciaga-go-fur-free/

[10]. Balenciaga. (2022). SUSTAINABILITY AT BALENCIAGA. https://www.balenciaga.com/en-us/sustainability-3

[11]. Humpherys, A. (2015). Social Media. Oxford: Oxford University Press.

[12]. Phelps, N. 2022. Balenciaga Spring 2023 Ready-to-wear. https://www.vogue.com/fashion-shows/spring-2023- ready-to-wear/balenciaga#gallery-collection

[13]. Blanks, T. (2022). Decoding Demna’s Vision for Balenciaga. https://www.businessoffashion.com/articles/luxury/decoding-demnas-vision/

[14]. Bansal, I. (2020). How Meme Marketing has helped Balenciaga achieve success. https://thestrategystory.com/2020/07/02/meme-marketing-balenciaga/

[15]. Kennedy, J. 2022. The Real Value of Balenciaga’s Viral Trash Bag. https://www.businessoffashion.com/articles/marketing-pr/balenciaga-trash-bag-luxury/

[16]. Kennedy J. (2022). The Real Value of Balenciaga’s Viral Trash Bag. https://www.businessoffashion.com/articles/marketing-pr/balenciaga-trash-bag-luxury/

[17]. Kennedy J. 2022. The Real Value of Balenciaga’s Viral Trash Bag. https://www.businessoffashion.com/articles/marketing-pr/balenciaga-trash-bag-luxury/

[18]. Williams, R. (2021). The Business Vision Behind Balenciaga’s ‘New Era’. https://www.businessoffashion.com/articles/luxury/the-business-vision-behind-balenciagas-new-era/

[19]. Panesar, G. 2021. CONNECTIVE AUDIO. https://www.lsnglobal.com/micro-trends/article/26573/connectiveaudio

Cite this article

Li,Y. (2023). Research On Fashion Trends and Brand Strategies - A Case Study of Balenciaga Marketing Strategy. Advances in Economics, Management and Political Sciences,5,199-204.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

Disclaimer/Publisher's Note

The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.

About volume

Volume title: Proceedings of the 2022 International Conference on Financial Technology and Business Analysis (ICFTBA 2022), Part 1

Conference website: http://www.icftba.org
ISBN:978-1-915371-21-8(Print) / 978-1-915371-22-5(Online)
Conference date: 16 December 2022
Editor:Javier Cifuentes-Faura, Canh Thien Dang
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.5
ISSN:2754-1169(Print) / 2754-1177(Online)

© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open access policy for details).