The area of business adaptive strategies can be applied to several industries. The fashion industry, as a large global industry, consists of a variety of players that choose brand strategies. This paper examines the dynamic brand management strategies of Hugo Boss, focusing on its 2-brand approach. The company has experienced a decline in brand relevance, forcing the company to react. The development of a dynamic strategic framework with a focus on dynamic capabilities implying reinvention and reorganization helped the company to overcome the difficulties. This research provides insights into adaptive strategies in the fashion industry in terms of brand management. The thesis contributes to the understanding of how companies can revitalize themselves in the face of challenges and declining relevance through strategic adaptability. The focus on Hugo Boss' 2-brand strategy serves as a valuable case study that demonstrates the potential for companies to succeed through flexible and dynamic brand management in a highly competitive market.
Date of Award | 22 Jan 2024 |
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Original language | English |
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Awarding Institution | - Universidade Católica Portuguesa
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Supervisor | Ricardo Reis (Supervisor) |
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- Dynamic capabilities
- Business adaptive strategies
- Brands
- Brand strategy
- Brand relevance & awareness
Hugo Boss: 2-brand strategy
Duetz, F. (Student). 22 Jan 2024
Student thesis: Master's Thesis