talon generator - february 2017 · • £10.7bn spent on fashion online in 2014 • the british...
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FOR A LANDSCAPE OF POSSIBILITIES
17TH - 21ST FEBRUARY 2017
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THE BRITISH FASHION INDUSTRY
• £26bn direct contribution to the UK economy• £10.7bn spent on fashion online in 2014• The British fashion industry is worth 2.2% of the
UK’s overall GDP•Contributed £32.2bn in sales towards the
British luxury goods market in 2013• 797,000 jobs supported by the UK fashion
industry• The UK is the third-largest fashion employer in
the EU
Sources: Oxford Economics, Mintel, Frontier Economics, Crunchbase
The British fashion industry is seen as a staple brand for many of those around the world and is regarded as one of the UK’s prime exports
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OVERVIEW
• London Fashion Week (LFW) is a clothing trade show held in London twice a year.
• Traditionally held in February (Autumn/Winter collections) and September (Spring/Summer collections)
• Britain’s longest consumer fashion showcase –2017 will be the 63rd year.
• A ‘fashion week’ allows designers, brands and ’houses’ to display their latest collections in runway shows for buyers and the media to observe the latest trends.
•Collections displayed at fashion weeks are then typically mirrored by High Street brands.
• LFW is considered one of the highest profile fashion events in world, and one of the ‘big four’ catwalks along with New York, Milan and Paris.
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THE SCALE OF LONDON FASHION WEEK
Sources: BFC, Google
£160m media coverage on
LFW each season
£100m of orders placed during
LFW
350,000 mentions of #LFW pm
twitter during AW15
400% rise in watching LFW
content on YouTube in the past two years
196 countries watched LFW live streams during SS15
120,000 images tagged #LFW on Instagram during
AW15
32,000 hours of LFW content
watched in the UK, and 28,000 hours in the US
Over 5,000 visitors attend each
season
71 countries represented by visitors to LFW
25% y-o-y rise of searches for LFW with a 65% y-o-y
rise in mobile search
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LFW DRIVING MEDIA SPEND
0
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
80,000,000
90,000,000
100,000,000
Jan-
13
Feb-
13
Mar
-13
Apr
-13
May
-13
Jun-
13
Jul-1
3
Aug
-13
Sep-
13
Oct
-13
Nov
-13
Dec
-13
Jan-
14
Feb-
14
Mar
-14
Apr
-14
May
-14
Jun-
14
Jul-1
4
Aug
-14
Sep-
14
Oct
-14
Nov
-14
Dec
-14
Jan-
15
Feb-
15
Mar
-15
Apr
-15
May
-15
Jun-
15
Jul-1
5
Aug
-15
Sep-
15
Oct
-15
Nov
-15
Over the past 3 years media spend for clothing, accessories, make-up, fragrances, skincare and jewellery have peaked during fashion week periods
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LONDON FASHION WEEK: AN INTERNATIONAL EVENT
• 71 countries represented by visitors to LFW• 196 countries watched LFW live
streams during SS15• The UK is highly rated by foreign
nationals as a global fashion leader• As a result people intentionally
visit the UK to shop for fashion and to visit LFW• The fashion industry’s tourism
impact equates to 0.5% of total tourism spend (£98 million)• Indirect spending associated
with LFW in 2009 amounted to £33 million
Sources: BFC, Visit Britain
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DIGITAL OOH AND LUXURY FASHION BRANDS – THE PERFECT MATCH
• The ‘premium spots’ in OOH are large, premium, digital, and dynamic sites
• They reach large, more engaged audiences
• They take value from the context in which they’re seen
• They offer advertisers creative licence
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PREMIUM DIGITAL OOH ADDS VALUE TO ADVERTISING MESSAGES
+ EMOTIONAL RESPONSES+ 50-60% CAMPAIGN RECALL+ 30-40% EFFECTIVENESS
LARGE PREMIUM DIGITAL DYNAMIC
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EXAMPLES
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BRITISH FASHION COUNCIL PARTNER WITH MAYBELLINE TO STREAM LIVE FEEDS FROM LONDON FASHION WEEK
http://www.oceanoutdoor.com/ocean-news/case-studies/dooh-spreads-fashion-week-glamour-nationwide/
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RALPH LAUREN LIVE STREAMS LFW VIA PERISCOPE ON ONE PICCADILLY
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OOH AND LFW – TOPSHOP
For LFW AW16 Topshop teamed with Twitter to display real-time trends from the event as they emerged to allow shoppers to buy goods in real-time – customers were then able to tweet a trend hashtag to receive a curated shopping list
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OOH AND LFW – HUNTER
In 2015 fashion brand Hunter dominated Ocean’s GRID network to live stream their catwalk. Digital screens were also WIFI enabled to drive audiences towards their website
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OOH AND LFW – SPONSORED CONTENT
For LFW SS15 London Underground commuters were treated to daily highlights across Exterion’s XTP network. Exclusive footage from the runways allowed fashion-conscious commuters to catch a piece of the action en route with the highlights package being sponsored and branded by Maybelline
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OOH AND LFW – VOGUE.COM
In 2012 Vogue.com promoted LFW content under the banner ‘Fashion As It Happens’ – providing daily content highlights, exclusive behind the scenes footage and commentary on premium digital screens close to Westfield London
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OOH AND LFW – BURBERRY
In 2012 Burberry ran a live countdown clock on digital inventory across London. On show days, live content was streamed across screens and photographs were tweeted onto the Cromwell Road ‘I’. Post fashion show, there was a roundup across screens in Heathrow T5.