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Tiffany solicits help of Beyoncé and Jay-Z to draw younger buyers – will it backfire? | Fashion

by All News Admin
August 24, 2021
in Marketing & Advertising
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Beyoncé has change into the primary black girl to put on the well-known yellow Tiffany diamond, within the jewellery firm’s newest try to rebrand itself for a youthful, extra numerous viewers.

The musician sports activities the “priceless” 128.54-carat stone alongside husband Jay-Z in a brand new advert marketing campaign for Tiffany & Co. Beyoncé is the fourth girl, and first Black girl, to put on the diamond in additional than a century.

The rollout of the advert will final a 12 months and embrace a brief movie during which Beyoncé will sing Moon River, a nod to Audrey Hepburn within the 1961 hit film Breakfast at Tiffany’s.

Beyoncé follows within the footsteps of Audrey Hepburn and Girl Gaga in carrying the well-known jewellery piece, which was obtained by Charles Tiffany after being found in South Africa in 1877. Girl Gaga was the third girl to put on the stone on the 2019 Academy Awards.

Gal Gadot will put on it subsequent, within the much-delayed movie Demise on The Nile, which is ready to be launched subsequent 12 months.

The brand new marketing campaign can even take over digital billboards in New York’s Time Sq., reviews Girls’s Put on Every day. A few of the marketing campaign’s photographs additionally present the Carters posing in entrance of Jean-Michel Basquiat’s Equals Pi, a 1982 work that has not often been seen earlier than in public, based on Tiffany.

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The adverts are a part of an overarching marketing campaign from Tiffany’s new house owners, the French tremendous conglomerate LVMH (which owns Louis Vuitton, in addition to Rihanna’s Fenty line), to modernise its enchantment for a youthful crowd.

In response to McKinsey & Firm, millennials and technology Z are actually the most important spending cohorts in style and luxurious. Z is the technology most “keen to pay just a little extra to get merchandise made by corporations that share [their] values”, based on Anita Balchandani, McKinsey’s chief for attire, style and luxurious.

The present Beyoncé and Jay-Z advertisements have rolled out like an old style album marketing campaign, however the first twist within the firm’s rebrand got here in Might when it debuted its first-ever engagement rings for males. The corporate referred to as the signets “a contemporary and daring departure from the normal marriage ceremony band”.

Virtually talking, the rationale for the rings for males might have been the upturn in nuptials – it was estimated that 2021 could be the most important 12 months for weddings in many years. But it surely was additionally a savvy nod to the rise in jewellery for males – led by technology Z gender-neutral icons comparable to Harry Kinds, Lil Nas X and Connell from the BBC’s Regular Folks, whose chain necklace gained its personal Instagram web page.

Just a few months later in July the corporate debuted a billboard marketing campaign which featured two disaffected teenagers carrying sullen appears to be like and Tiffany bling, accompanied by the slogan “Not Your Mom’s Tiffany” (different taglines included “This isn’t an old style” and “Inform me the silver date once more … we dare you”). The adverts, which recalled the controversial posters for the unique Gossip Lady TV sequence from 2008, tried to normalise the model, matching luxurious jewellery (a sterling silver chainlink lock necklace, which retailed at $2,600, and a bracelet which bought for $1,575) with the informal denim styling of the featured fashions.

However the Okay Boomer-spirited advert sparked outrage on-line, together with on the model’s personal Instagram account, with feedback like, “The Tiffany identify is changing into cheaper by the minute with this marketing campaign” and “Tiffany had class … now it appears it’s shedding it”.

The components of pitting generations towards one another is straight out of the playbook of the denim trade, whose skinny denims v saggy denims debate dividing age teams has been taking part in out to a lot publicity on TikTok.

Over the summer time, the founding father of the posh advertising and marketing agency La Vita E Bella advised The Enterprise of Trend: “A problem for these heritage manufacturers [is] at any time when they attempt to get cool they find yourself alienating a few of their core base … It’s a effective line one has to stroll, you’ll be able to’t simply get cool.”

The brand new adverts, entitled About Love, play into one other ongoing cleaning soap opera: that of Mr and Mrs Carter. The advertisements proceed the re-establishment of the general public partnership of Beyoncé and Jay-Z. Following the business and important success of her 2016 album Lemonade (extensively assumed to be about tensions of their marriage), the couple launched into a joint tour and launched an album, The Carters, as a duo in 2018.





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