Business
Business, 20.07.2019 03:20, andybiersack154

Juicy couture has been successful in selling women's clothing using an unusual strategy. according to an article in the wall street journal, the key to the firm's strategy is to "limit distribution to maintain the brand's exclusive cachet, even if that means sacrificing sales, a brand-management technique once used only for high-end luxury brands." in 2006, juicy clothes were sold in only four department stores: neiman marcus, saks, bloomingdale's, and nordstrom. in 2006, its sales have more than quadrupled since 2002. source: rachel dodes, "from track suits to fast track," wall street journal, september 13, 2006. how does limiting the number of stores in which juicy's products are sold contribute to its success?

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