1988
|
Bankrupt
Sasson trademark bought by venture capital firm,
Trust Company of the West. Gainer brought in
by Steven Wayne, licensing agent, to re-launch
brand from bankruptcy. Chose to re-launch via
worldwide licensing program eliminating risks
of inventory and repositioned brand from upstairs
department store label to mass and discount
label. Updated logo with computer generated
graphics and brand identity with new packaging
program differentiating men's, women's, boy's,
girl's, children's and infant labeling. Drew
upon heritage of brand (oo la la with all American
image rather than sex image) utilizing celebrities
in advertising updated with family values image.
Created generic advertising and promotion campaign
for all licensed product categories. Presented
advertising and fashion trend stories seasonally
to all licensees worldwide for unified global
brand and product image. Sold brand corporately
to top management at major retail chains. |