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ENGLISH TRANSLATION<br />
BUSINESS NEWS (on page 34)<br />
JULIPET<br />
My Lifewear<br />
Ettore Trucco, the AD of Trucco Tessile SpA, explained to us<br />
the plans for relaunching the haut de gamme brand specializing<br />
in men’s underwear and pajamas<br />
Last October Trucco Tessile spa, a company specializing in<br />
the underwear and pajama sector and the retail distributor<br />
of the Alpina and Boglietti brands, acquired the prestigious<br />
Julipet brand from Manifattura di Valduggia spa. With this<br />
operation the Savigliano (50 km south of Turin) company,<br />
established back in 1953 as an expression of the entrepreneurial<br />
spirit of the brothers, Giorgio and Piero Trucco, intends to<br />
increase by more than 600 its number of customers in Italy<br />
and across Europe, improving its efficiency thanks to beefedup<br />
product output, while at the same time acquiring a new<br />
range of customers, people who are more brand-conscious<br />
and concerned with product quality. Ettore Trucco, the company’s<br />
CEO can explain the new situation and aspirations<br />
much better.<br />
Why Julipet?<br />
This particular brand is clearly very well known and highly<br />
though of in Italy and abroad, with 65 years of history under<br />
its belt. The brand boasts a powerful identity, very clear positioning<br />
and a rather loyal customer following. It obviously fits<br />
into a product category in which our company already boasts<br />
conspicuous specialization, although it occupies a significantly<br />
higher market niche than the brands we currently deal with,<br />
so this should enable us, on the one hand, to augment and optimize<br />
our manufacturing capacity while, on the other, reach a<br />
whole new range of Premium customers.<br />
What is your strategy for relaunching the brand?<br />
I can answer that in two words: gradual evolution. In this<br />
regard the first message we would like to send the market is<br />
that there won’t be any major upheavals, neither on the level<br />
of style (the same design vision will be maintained) nor on<br />
the level of quality and scrupulous concern with details (we<br />
will only be working with carefully selected super-specialized<br />
suppliers), nor on the level of packaging and communication<br />
(because the image is and shall remain the key for presenting<br />
in the best way possible the quality of our products), nor on<br />
the commercial level (since we are maintaining the current<br />
excellent team of sales reps who boast a vast amount of experience<br />
and complete knowledge of the product).<br />
What we will do is simply listen to the market and capitalize<br />
on our patrimony of experience in order to try and gradually<br />
better focus the product selection, while rendering the communication<br />
more effective on the international level.<br />
I can also let you know ahead of time that in <strong>2020</strong> we will be<br />
launching an important press campaign in the major Italian<br />
daily newspapers and via their portals where we will be presenting<br />
to the public at large the new Julipet creative concept<br />
developed by our Comunifashion agency. This effort represents<br />
an effective synthesis capable of helping the public to<br />
understand that Julipet is much more than just a nightwear<br />
and underwear label, but rather a lifestyle brand that enables<br />
the modern gentleman to experience those precious moments<br />
of leisure and relaxation in comfort, with great style and character.<br />
We are talking about sophisticated garments with lots<br />
of personality, but first and foremost, as stated in our new ad<br />
claim, wonderful loungewear: Julipet. My Lifewear.<br />
What are the strong points of Julipet?<br />
Qualitative excellence, comfort, attention to details and a<br />
unique style that reinterprets the English tradition and minimalism<br />
with the sort of creative flair only Italians are capable<br />
of demonstrating. These strong points position Julipet right at<br />
the top of the high-end range in the world of multi-label retail<br />
sales, representing the key when it comes to developing brand<br />
loyalty among customers in today’s competitive world.<br />
It is our firm intention to reinforce and build upon there strong<br />
points, introducing periodically onto the market exciting new<br />
items which at this product level and level of communication<br />
will render the brand all the more prestigious and desirable,<br />
while remaining perfectly in keeping with the established traditions<br />
and positioning of the brand.<br />
How does Julipet fit in with the other brands handled by<br />
your group?<br />
The acquisition of Julipet has enabled our company to present<br />
itself as a proven specialist in the area of men’s products<br />
for our market segment, making it possible to reach that highly<br />
coveted Premium segment of customers with which we<br />
had had very limited contact previously. Indeed, the Alpina<br />
and Boglietti brands target both men and women and aim for<br />
a more mid- to slightly elevated range in terms of market positioning.<br />
It will therefore be important to maintain a clear and distinct<br />
identity for the brands in order to most effectively reach the<br />
three different segments, reducing to a minimum any confusing<br />
overlapping.<br />
What are your goals for Julipet in the short and medium<br />
term?<br />
When it comes to nighttime intimate apparel the selection is<br />
already rich and varied, so we will endeavor to maintain the<br />
current structure of the collection, which certainly doesn’t<br />
mean there won’t also be some exciting new items. Things<br />
are different when it comes to the daytime intimate apparel,<br />
where there will be a priority over the next several seasons on<br />
augmenting the selection, with whole new families of continuous<br />
and fashion products in a concerted effort to complete<br />
the Julipet collection. By now the new technologies make it<br />
possible to develop modern new products featuring even traditionally<br />
luxurious fabrics and yarns. There will be no shortage<br />
of smart, carefully targeted communication strategies<br />
presented through the press in print form, as already mentioned,<br />
but also over the social networks. We also intend to evaluate<br />
collaborations on the level of design with other brands,