ICICLE - Creating a flagship store

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CREATING A FLAGSHIP STORE

IRENE
| WINTER 2022
LAI, XIAO TAN, JIANI ZHAO

WHAT TO EXPECT...

ABOUT BRAND

BRAND OVERVIEW

BRAND'S CUSTOMER

BRAND'S PRODUCTS

LOCATION ANALYSIS

ICICLE'S GLOBAL PRESENCE

ICICLE'S WORLD

STORE LOCATION CHOICE #1: LOS ANGELES

STORE LOCATION CHOICE #2: BOSTON

STORE LOCATION: LOS ANGELES

PROPOSED LOCATION: RODEO DRIVE, CA

STORE DESIGN

MOOD BOARD

FLOOR PLAN

AREA PLAN

2D DISPLAY

3D DISPLAY

MERCHANDISING

WALL DISPLAY

RACK DISPLAY

TECHNOLOGY IMPLEMENTION

SOCIAL MEDIA

EXCLUSIVE TO THE STORE

RESOURCES

ABOUT BRAND

BRAND OVERVIEW

ICICLE CONCEPT

With a responsible attitude towards the environment and the manufacturer, ICICLE provides a dressing experience in which man and nature coexist in harmony for contemporary life.

THE BRAND STORY

begins in Shanghai

Since its establishment in 1997, ICICLE has continuously explored new paths for the development of environmental protection fashion in the world.

NATURAL WAY

From natural raw materials to environmentally friendly ready-to-wear, ICICLE seeks a way of life that conforms to nature in a way that conforms to nature.

PARIS DESIGN CENTER

In 2013, the Zhihe International Design Center platform was established in France, bringing together world-class industry experts and creative talents.

BRAND'S CUSTOMER

DEMOGRAPHICS

Age: 20-55

Gender: Mostly female, few male

Ethnicity: Mostly Asian

Income: $100,000+

Education level: College/University or above

Religion: Regardless of religion

Occupations/roles in the company: professional women, business operators, housewives with good family conditions, small company leaders, business owners, artistic careers, freelancers.

BRAND'S CUSTOMER

PSYCHOGRAPHICS

Personality: Understated, knowledgeable, brave, independent thinking, well-understanding oneself, focus in details

Interest: Exploring new knowledges, care about social issues, shopping, literature and cultural nourishment

Life Philosophy: Value products more than pricing (materials and functionality) , eco-fashion, circular economy, pursuing relaxing life experience, respecting the relationship between human beings and the Nature

BRAND'S PRODUCTS

WOMAN MAN

LOCATION ANALYSIS

ICICLE'S GLOBAL PRESENCE

More than 270 physical stores in more than 120 cities in China, Japan and Europe

About 250 stores are in China

Offline sites

Directly Operated Store (DOS) - Flagship store: Beijing, Shanghai, Nanjing, Paris (newly opened in 2021)

Directly Operated Store (DOS) - Boutique store: China, Europe, Osaka (First store in Japan, 2021)

Store Within A Store (ASWS): Department store, Mall, Plaza

Franchise: Have not disclosed any store locations yet.

Online sites

B2C E-commerce platform: Official websites (China, Europe), Tmall flagship, WeChat

Social media: Weibo, WeChat, Little Red Book, LinkedIn

ICICLE'S WORLD

THE UNITY OF HUMAN AND MOTHER NATURE EARTHY SUSTAINABILITY SIMPLICITY CONTEMPORARY

ANCIENT ORIENTAL PHILOSOPHY

STORE LOCATION CHOICE #1: LOS ANGELES, CALIFORNIA

DEMOGRAPHICS

Los Angeles City: First largest city in the west coast and the second largest city in the US with high density population.

Population: 18.8 million with growing rate of 0.22% by 20212022.

Density: 8485 people per sq mile

Age: 20-54 group accounts for the largest share of 53% in total.

Diverse Ethnicity: Caucasian (42.9%), Hispanic or Latino (39.7%), Asian(9.6%), African American (7.1%), others (0.7%)

Spoken Language: English, Spanish, French and other European languages, Asian Indian, Chinese (incl. Mandarin, Cantonese), Japanese, Korean, and other languages of Asia.

Average annual family disposable income: $80,000

Employment rate: 3.9% growth by the end of 2021.

Industry: Movie and entertainment, Science and technology, Fashion, Lifestyle

Average rental rate: $ 1,554

Sales tax rate: 10.25%

ASIAN STATUS

Asians in LA have rather high proportion in population compared to other cities due to long immigrant history tracing back to the mid-19 century. High concentration rate in living area and communities

Respected socioeconomic status than other races, and thus have less limitation in current society. Los Angeles is ranked as the top suitable place for Asian immigrants

STORE LOCATION CHOICE #2: BOSTON, MASSACHUSETTS

DEMOGRAPHICS

Boston is the capital of Massachusetts state and is famous for its high education in the US

Education rate: Master grad. 13.7%, Professional degree 4.4%, Doctor degree 3.1%

Population: 0.7million with growing rate of 1.42% by 2022.

Density: 13841 people per sq mile

Age: 20-54 group accounts for the largest share of 53% in total.

Ethnicity: Caucasian (49.3%), African American (23.1%), Hispanic or Latino (18.2%), Asian (9%)

Spoken Language: English, Spanish, French and other European languages, Asian Indian, Chinese (incl. Mandarin, Cantonese), Japanese, Korean, and other languages of Asia.

Average annual family disposable income: $65,883 (greater than national average of $60,293)

Employment rate: 3.5% growth by the end of 2021.

Industry: Health care, Finance and insurance, High education(Harvard University, MIT)

Average rental rate: $ 1735

Sales tax rate: 6.25%

ASIAN STATUS

The third largest Chinese street in the US

The China town is the best well-organized in the US

High education background (Harvard, MIT) elevating the socioeconomic status: Taiwanese second generation

Michelle Wu, is elected as the mayor of Boston in 2021

Middle to high level of disposable income and living standard due to long immigrant history in Boston

Downsides: Most architectures are old and lack of repairment. The renovation fee is usually high apart from the rental.

STORE LOCATION: LOS ANGELES, CA

TARGET CUSTOMER

Asian immigrants and residents

Other race groups with middle-high level of disposable income

LIFESTYLE

Work-life balanced: low paced, relax, and enjoy each life moment

Vibrant activities: beach, art, food, sport, travel, etc.

Diversity & Inclusivity: LGBTQ, environmental groups

Relationship with Nature: Outdoor recreational opportunities

ENVIRONMENT

Geography: Sunshine, beach, dry and less rain.

Travel attraction: Hollywood, Beverly Hill, Universal studio

Diverse industry environment: Movie and entertainment, Science and technology, Art, Fashion, Lifestyle

PROPOSED LOCATION: RODEO DRIVE, CITY OF LA, CA

LOCATION

Rodeo Drive is a high-end shopping area in the western City of Los Angeles, a two-mile-long (3.2 km) street in Beverly Hill, Hollywood and other shopping area like the Groove, two Rodeo Drive, and Westfield Century City.

Ranked as the most expensive, exclusive shopping street in LA, accommodating plenty of international luxury brands.

The rental for retail space in an independent single unit is between $2000 to $5000, the average is around $3885 per month.

Near tourist attractions are Sunset Boulevard, Beverly Hills, Los Angeles County Museum of Art, La Brea Tar Pits, and Stahl House.

TRAFFIC & PARKING

City bus, taxi, shuttle or towncar, as well as self-driving.

Parking near Rodeo Drive: The Rodeo Collection, Brighton Parking Structure, 9475 Brighton Way Parking, Camden Medical Arts, 421 N Beverly Dr Garage, 421 N Beverly Dr Garage. The average parking fee is around $2.5 per 15 minutes.

COMPETITORS

GUCCI, BURBERRY, MONCLER, BALENCIAGA, Dior, Prada, Mx Mara, Saint Laurent, AMIRI, Tory Burch, Celine.

STORE DESIGN

MOODBOARD

FLOOR PLAN

ROOM DISTRIBUTION CEILING DESIGN FACILITY DESIGN

FIRST FLOOR

AREA PLAN

SECOND FLOOR

STORAGE

CUSTOMER ROADMAP TOP VIEW OF THE DESIGN

2D DISPLAY

3D DISPLAY

STORE FRONT

IN-STORE DESIGN

1ST FLOOR

IN-STORE DESIGN

1ST FLOOR

FITTING ROOM

STAIR

IN-STORE DESIGN

2ND FLOOR

NIGHT'S VIEW

MERCHANDISING

WALL DISPLAY

RACK DISPLAY

TECHNOLOGY IMPLEMENTATION

ARTIFICIAL INTELLEGENCE (AI)

Artificial intelligence will be used in this flagship store. The in-store

Ai technology will include:

QR code: For scanning the product insights, special offers, limited-time event information across online and offline to increase foot traffic and customer engagement

Touchless payment: installing the cross-platform payment methods using tablets hold by each sales associate in store, to facilitate the purchase speed and relieve the traffic at the counter.

Robot database: information storage and logistics management

Inventory tracking system: Checking product-related details and inventory, to optimize the supply chain efficiency and effectiveness

AUGMENTED REALITY (AR):

VIRTUAL

TRY-ON

Large digital board: installing on walls next to racks for customers to try on the products that is not available on rack, or provide an efficient way to purchase within time limit, as well as increasing the shopping enjoyment in store.

Smart device: store app will provide the visualization of virtual try-on too. So customers can also access that via store app while shopping instore and did not find the item on display. Besides, staff are also equipped with iPad to assist customers who don't have their own devices.

Virtual try-on function offers the styling recommendation based on customer's preferences. By typing into a certain item, the machine will render the information and put similar items together, popping on the board.

CONNECTED RAIL & MIRROR: AI & AR

Outside the fitting room section we will install a connected rail with a mirror (digital board). The functionality of this device is basically combining Ai and AR technologies:

Using Radio-frequency Identification (RFID) and ultrasound technology

RFID: to recognize the products

Ultrasound: to signal the movement

When you take the product from the rail, you will see the product shows on the mirror which is also a digital board.

Tap the button of virtual try-on allows customers to see the effect and then make the purchase decision

Once customers decide to buy, the mirror will show the total amount for the selected products and lead to the payment interface.

SOCIAL MEDIA

Instagram in Store

There is a special area with a mirror that can be taken and uploaded to instagram. During special events such as new product launches, you can get discounts for participating in Instagram interactive activities.

Official Account

The official account QR code is set up in the store, which is convenient for customers to follow the account to check the brand promotion information.

Tik Tok Live

Regularly organize live shows on tik tok. Invite the model to show the upper body of the clothing, and buy it during the live broadcast to get the corresponding discount.

EXCLUSIVE TO THE STORE

Chinese Garden Style

This will be the special feature of the first flagship store in North America, so that the design with Chinese culture will only be decorated in this store, and other stores will only have ordinary ICICLE decoration.

High-end Products

The flagship store will reduce the number of ordinary goods and display more high-end products. In order to improve the customer experience, all products will be replaced the fastest according to the season, and the store provides afternoon tea for VIP customers.

https://www.icicle.com.cn/cn/flagship-store

https://www.icicle.com.cn/cn/icicle-group

https://icicle.world.tmall.com/

http://news.winshang.com/html/068/9884.html

https://worldpopulationreview.com/us-cities/los-angeles-ca-population

https://www.populationu.com/cities/los-angeles-population

https://www.populationu.com/cities/los-angeles-population

https://www.avalara.com/taxrates/en/state-rates/california/counties/losangeles-county.html

http://www.laalmanac.com/social/so24.php

https://www.labormarketinfo.edd.ca.gov/file/lfmonth/la$pds.pdf

https://www.icicle.com.cn/en/aw21-campaign-women

https://eu.icicle.com/fr/homme/icicle-essentiels.html#

https://www.populationu.com/cities/boston-population

https://www.bestplaces.net/comparecities/newyorkny/bostonma/education

https://money.udn.com/money/story/5603/5863257?

from=ednreferralnewsstorych5589

THEBESTShoppinginLosAngeles-Tripadvisor

RESOURCES

THANK YOU.

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