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This company determined to kill Victoria's Secret is becoming a major force in the lingerie market

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Adore Me shoot

Watch out, Victoria's Secret. There's a new lingerie company in town.

Adore Me, which was named Inc.'s No. 2 retail company and No. 14 overall company on its prestigious Inc. 5000 list, is growing at a lightning fast pace.

Inc. notes that in three years, the company has grown a whopping 15,606%

In 2012, the company brought in $1.1 million. By 2013, the company brought in $5.6 million.

In 2014, it raked in $16.2 million. In an interview earlier this summer, Adore Me's director of business and brand development, Sharon Klapka, told Business Insider she expects it to grow more — in fact, it's on track to outsell lingerie mainstay La Perla.

And the retailer is specifically out to get Victoria's Secret.

"We aim to slay Victoria's Secret," Klapka said.

"They are slow, they are expensive, they make women feel sidelined. It is about time that someone really revolutionized the space, and we’re doing it," she said in the interview.

Victoria's Secret may be the top dog in the lingerie industry for now, but here's how Adore Me will threaten Victoria's Secret.

1. By offering a wider selection of sizes

Coffee, lipstick, lingerie... The key ingredients to a fab Tuesday 👌🏻 #NationalCoffeeDay #AdoreMe pc: @canadianfashionista1

A photo posted by Adore Me (@adoremeofficial) on Sep 29, 2015 at 9:45am PDT on

Adore Me's sizes run the gamut — the ecommerce retailer sells sizes for the very petite (30A) and the very curvy (44G), thereby catering to all women. The brand prioritizes being inclusive.

"If you’re petite, if you're plus [size] — why do you need to feel sidelined?" Klapka asked.

2. By using tech-inspired ways to gauge what audiences want

@huntercollector's Monday #OOTD, featuring just a little glimpse of the Camilla bralette 👌🏻 #AdoreMeGram

A photo posted by Adore Me (@adoremeofficial) on Sep 21, 2015 at 9:49am PDT on

Adore Me told Business Insider it uses a lot of A/B testing to make sure its ads resonate with its audience.

Additionally, the brand used an online poll to figure out which corset it should sell last Valentine's Day, New York Business Journal reports. The voting paid off; New York Business Journal notes the corset sold out in 13 days.

3. By advertising smartly

@louellareese knows what's up - matching PJs + coffee + bed. #saturday #adoremegram (Wearing: Jayne PJ set)

A photo posted by Adore Me (@adoremeofficial) on Sep 12, 2015 at 5:50pm PDT on

Adore Me's director of marketing, Chloe Chanudet, told Business Insider that for its television commercials, Adore Me has been taking cues from YouTube to appeal to millennials.

She mentioned the brand did an unboxing ad — "really inspired by YouTube," she added. "Instead of looking at what other big brands do on TV, we go more like, 'What's happening right now on Instagram, YouTube?'"

4. By being faster than its competitors

That moment when your Adore Me box arrives 😍 | #AdoreMeGram from @typicaltuyen

A photo posted by Adore Me (@adoremeofficial) on Aug 12, 2015 at 9:08am PDT on

Adore Me told Business Insider it considers itself a fast-fashion retailer — but for lingerie, rather than traditional apparel. It's no secret that fast fashion is a threat to traditional retailers.

Adore Me's lingerie also comes at a more affordable price than Victoria's Secret's expensive undergarments — $39.95 for a monthly subscription. (A subscription guarantees members a box consisting of a bra and underwear.) Victoria's Secret has begun to make efforts to adopt a fast-fashion model.

5. By taking one of Victoria's Secret's own

Klapka told Business Insider that Helen Mears — formerly of Victoria's Secret — now works for Adore Me as head of design.

SEE ALSO: Meet the supermodel who is changing how the retail industry treats plus size women

Join the conversation about this story »

NOW WATCH: Victoria's Secret is making one mistake that is driving away a lot of women


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