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Beyond apparel Global Investor, 01/2016 Credit Suisse

Beyond apparel
Global Investor, 01/2016
Credit Suisse

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GLOBAL INVESTOR 1.16 — 07<br />

NEW MARKETS<br />

CHILDREN<br />

The fashion press<br />

recently announced<br />

Karl Lagerfeld’s<br />

launch of a kids’ line<br />

in spring 2016. While<br />

labels such as Dior,<br />

Burberry and Ralph<br />

Lauren have had<br />

children’s lines for<br />

some time, these<br />

have attracted more<br />

attention in the media,<br />

with VIPs dressing<br />

their children in their<br />

favorite labels,<br />

like mini versions of<br />

themselves. Brands<br />

such as Burberry also<br />

frequently include<br />

children in their advertising.<br />

We see this<br />

more as a marketing<br />

initiative, where the<br />

brands try to cater to<br />

all the needs of<br />

their exclusive clientele,<br />

and it gets press<br />

coverage. Harper<br />

Beckham, the four-yearold<br />

daughter of David<br />

and Victoria Beckham,<br />

already is the subject<br />

of a blog devoted<br />

to writing about her<br />

looks, and she has<br />

several million fans on<br />

Instagram. There are<br />

children-only fashion<br />

brands, such as the<br />

French label Bonpoint,<br />

one of the most popular<br />

children’s clothing<br />

brands in the world.<br />

Bonpoint celebrated<br />

its 40-year history<br />

in 2015 and launched<br />

a couture collection<br />

that same year. It has<br />

been running fashion<br />

shows for eight<br />

years. Bonpoint has<br />

its own workroom<br />

and atelier team who<br />

prepare the prototypes,<br />

under its artistic<br />

director, with<br />

four collections a year.<br />

Bonpoint has now<br />

expanded into Asia<br />

and sells the same<br />

collection all over<br />

the world. Michelle<br />

Obama was photographed<br />

in Paris<br />

visiting a Bonpoint<br />

store with her daughters.<br />

Kate Moss<br />

dressed all of her<br />

bridesmaids in Bonpoint<br />

at her wedding<br />

in 2011. Bonpoint<br />

was acquired by EPI<br />

(Européenne de<br />

Participations Industrielles)<br />

in 2007 and<br />

had sales in the<br />

EUR 40 million range<br />

at the time. <strong>Fashion</strong><br />

companies such as<br />

Zara have also transformed<br />

kids’ wear<br />

into fashion items,<br />

copying kids’ fashion<br />

brands such as Bonpoint<br />

or more grownup<br />

looks. This is<br />

a lucrative business.<br />

✖<br />

FOR MORE ON<br />

BRANDS AND MARKETS,<br />

GO TO PAGE 30

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