Ann Taylor Stores names new president
NEW YORK Ann Taylor Stores Corp. announced the appointment of Christine M. Beauchamp to the position of president of the Ann Taylor Stores division, effective immediately. Beauchamp, who has been a strategic consultant to the company since earlier this year, succeeds Adrienne Lazarus, who is leaving the company. Beauchamp will report to Kay Krill, president and ceo of the company.
“This transition of leadership at our heritage brand is taking place at an exciting time of evolution for Ann Taylor,” stated Krill. “I am delighted that Christine, a seasoned retail executive and valued partner to me over the last several months, will be assuming the leadership of our Ann Taylor Stores division. She has a deep understanding of our brand and customer base and will move seamlessly into this critical role. At the same time, I want to thank Adrienne for the many contributions she has made to the company over the past 17 years.”
“I am delighted to be joining the company at such an exciting time, and I look forward to unlocking the enormous potential of the Ann Taylor brand,” added Beauchamp.
Beauchamp was previously with Limited Brands, most recently as president and ceo of Victoria’s Secret Beauty. Prior to Limited Brands, she served as a consultant with The Boston Consulting Group, specializing in consumer goods and retail. She began her career as a financial analyst at Goldman Sachs. She holds an undergraduate degree from Princeton University and an MBA from the Harvard Business School.
Trend Tracker: Coca-Cola hydrates
Energy drinks have been a dynamic category as products reinvent themselves. Coca-Cola now is emphasizing functionality with the launch of Full Throttle Hydration, a new, non-carbonated energy drink that offers both electrolytes and a unique energy/vitamin blend.
A tropical mix flavor already has rolled in 16-ounce aluminum cans (pictured) throughout the Southeast. The product debuted with an official sponsorship of the 2008 Full Throttle Hydration Kiteboarding tour in Miami, Ft. Lauderdale, Delray Beach, Destin and Daytona, Fla., over the July 4th holiday weekend.
Sears, Kmart aim young in new campaigns
Marketing to teens now takes innovation and some unusual promotions. The latest generation of children is the most tech-savvy yet, so to market to these kids, retailers have to hit them where they dwell—cyberspace. And one company that has shown a great willingness to push the envelope with teen marketing is Sears Holdings.
Kmart, through a partnership with YouTube, is encouraging ‘junior fashionistas’ to share their unique back-to-school style and personality. Teens can enter the “Show Your Back-To-School Style: Get in the Commercial” contest at www.Kmart.com/YouTube from July 18 to Aug. 17, by uploading 30- to 60-second commercials that demonstrate how Kmart works with their unique style. The top 20 videos will be featured and voted for on YouTube through Sept. 1. The winning commercial will be professionally produced and aired on TV.
Sears, which launched a prom campagin on teen networking site Facebook several months ago, has also entered into BTS partnerships with several big names in youth interactive marketing. To ensure that its message of “Don’t Just Go Back. Arrive.” resonates, the retailer has collaborated with 13 Web sites to create virtual worlds and social networking applications that direct teens to its “Arive Lounge,” www.arrivelounge.com , which features exclusive, interactive content from Sears’ 2008 back-to-school offering.
Also tapping into the “High School Musical” phenomenon, the retailer’s campaign features Vanessa Hudgens and her latest music videos where she is shown in an array of Sears BTS fashions.
The new marketing initiatives seem to have bypassed parents and instead are targeting tweens and teens directly. Choosing to tout their latest styles in the virtual world, Sears and Kmart are helping to get kids excited over the coolest looks for BTS and are allowing them to direct their parents to the stores of their choice.
“Expanding our marketing strategy into the online world…is a critical means of developing engagement and brand loyalty within the youth demographic,” said Richard Gerstein, Sears’ senior vp and chief marketing officer. “By modifying our strategy to reach tweens in their own environment, we are demonstrating to them how Sears can be a part of their lives, from their entertainment to their school wardrobe.”