Rasurel Case Study

Then Erasure started to sell swimwear during the second half of the 20th century. In 1966, Legacy (lingerie brand) bought Erasure and transformed It in Its swimwear Dillon. Erasures business has ever since remained focused on swimwear products. During the sass and sass, Erasure positioned itself as a fashion and trend-setting brand. The new management team appointed In the mid sass had a bad Impact on Erasure's business : the lack of Innovation and a poor International strategy led to decreasing market shares and set up the switch in the perception of the brand.In the mid sass's, Warrant group (US) bought Legacy and Erasure (who were in a bad position at hat time but once more the new management team (especially the designers) didn't follow the right strategy : they gave Erasure a sporty style, thereby worsening the switch in the perception of the brand. So, what happened in 15 years ? The lack of innovation and creativity, the inability to update designs made Erasure switch from a f ashion and trendy brand in the sass to a mature woman brand at the beginning of the 21 SST century.Erasure conducted marketing research that confirmed the new perception of the brand : old-fashioned, lack of vibrancy, and matronly. The more surprising is the fact that some key factors of success of Erasure are still there with customers perceiving the brand as being reliable, of high quality, and comfort. So, It's not only a problem of perception for the brand. What else can be the source of Erasure's decline ? Financial statements show that Erasure's business could operate more efficiently and profitably * despite a growth of 4% of the swimwear market, Erasure's sales decreased In 2002 so Erasure should definitely change Its marketing strategy and address the Issue of distribution channels. Without going further Into details, what an Erasure do ? Basically, there are 2 main options for the management team : reposition the brand towards the younger lingerie-like segment or reinforce its ‘OFF position In ten mature woman segment 2.I en swimwear market The French swimwear market comprised of the five segments : Catatonic, Beach Gang, Lingerie-Like, Elegant Mature Woman, Jet Set. The Catatonic segment encompassed woman who wanted one-piece swimwear for its functional use in swimming or other sports whereas the Beach Gang wanted two piece swimwear based on brightly colored surf themes: In the lingerie like segment omen wanted feminine floral pieces in modern cuts and bright colors.Elegant Mature woman well supported one pieces with elegant cuts and colors. The Jet Set woman wanted a sexy cut that emphasized the body and incorporated the current high fashions. Main Brands Based on the brand strengths and alliance with Legacy, we feel there is opportunity to enter additional segments to grow their business.