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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