The market today has
evolved into a more complicated and competitive affair and the fashion industry
is no different. Creating a brand seems to have become a necessity, more so in
the world of glamour. Everyone is in a race to create the best brand, which is
why it plays an even greater role in the fashion industry where everything
depends on the name, be it a fashion house or a particular designer. Names like
Neeta Lulla, Rock S and Manish Malhotra are brands in their own right. Creating
a brand is not everything, growing and managing it is the key to future successes.
The designer may have a hand in creating the brand, but managing or branding is
not their job. The fashion brand managers are the ones who fit this job
description.
Before anyone
ventures into this field, understanding the meaning of ‘brand’ and its
distinction with branding is imperative. Brand and branding are not new
concepts, but have been around forever. The only thing that has brought these
terms to the forefront is that organizations and businesses have started
realizing their importance now. There are various definitions for brand, but to
sum it up in one line, brand is the identity of a product, service or idea of any
organization. Brand is not just a logo or name, but something through which the
customers recognize the business or organization and everything it stands for.
Branding on the other hand is about building the brand. Identifying what the
brand will represent is branding.
In the world of
fashion brand is everything; once a designer or fashion house have established
their brands there is no going back. Versace, Gucci, Chanel are some brands
that have built up an amazing branding. More and more fashion and luxury brands
are emerging and in order to stay at the top a good brand manager is required. Their
job description basically encompasses to come up with strategies that will
ensure a secured space in the market for the brand and to recognize the target
audience and their needs.
An aspirant interested in pursuing a career in
Fashion brand management should embark on the first step, which is obviously a
formal education. But along with an education in management they need to know
and understand fashion and its trends. Luckily there are institutes like Whistling Woods Neeta Lulla School of Fashion that have courses like MBA in Fashion Management that will help a
student in becoming a specialist in shaping, renewing and communicating brand
qualities with a singular focus.
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