Capstone – Project

27. Growth & Marketing Strategy Project

A Collaboration Between

Engagement Synopsis

The denim market today is more saturated than ever, with many legacy brands winning over consumers with nostalgia and brand loyalty. Eye-catching new labels with innovative products and advertising are grabbing up market share. With recent changes to the company’s organization, and revision of the brand’s logo and pricing structure, True Religion is aiming to reinvigorate consumer interest, create compelling brand identity, capture the attention and loyalty of a young generation of customers while still tapping into True Religion’s nostalgic value for Gen X original fans. 

It’s an exciting time in the brand’s evolution, and True Religion has tasked you with developing the brand’s future vision and roadmap for implementation! You’ll gain hands-on experience with a brand in the midst of a turnaround, and exposure to the full eCommerce business positioned to nearly double its percentage of contribution. At the conclusion of the project, you will pitch one strategy and course of action that will have a monumental impact on the business.

Company Information

CompanyTrue Religion
HQCalifornia
Revenue50,000,000-500,000,000,
Employees500-2500
StageMedium Business
Hiring PotentialFollow-on Projects, Formal Internship, Entry Level Full-Time, Upper Level Full-Time
Websitehttps://www.truereligion.com/

Company Overview

True Religion Brand Jeans is an American clothing company established in April 2002, an apparel brand specializing in Denim. True Religion emerged onto the Los Angeles denim scene by blowing up the construction of the classic five-pocket jean. Industry-standard sewing machines couldn't handle our designs, so we broke them apart and rebuilt them to produce our one-of-a-kind vision. True Religion became synonymous with quality craftsmanship and bold style designed to stand out. Our specialty denim fits, washes & treatments, were all designed with amplified details to grab attention at every turn. Our iconic horseshoe was born from the silhouette of a Buddha's smile, and our hardware was inspired by the romance of denim's 140-year history. We have always been fashion forward, even from behind. Our brand is sold around the world. Direct in owned and operated store, owned online and wholesale . The brand has a very loyal fan base spanning the original fans that purchased brands almost 20 years ago, to a new Gen Z & millennial customer.

Industry Mentors

Company Admin

angela clark

[email protected]

Course Info & Engagement Details

SchoolMasters in Business Administration (MBA)
Engagement Format -
CourseMBA Interterm (SPRING 2021)
LevelGraduate
Students Enrolled120 enrolled, 3-5 students per team per project
Meeting Day & Time3/22-25/2021
Student Time Commitment30+ Hours Per Week
Company Time Commitment5+ Hours
Duration0.43 Weeks

Project Topics

Growth Strategy

Marketing

Research & Development

Academic Mentors

There are currently no supervisors assigned.

Assigned Students

Student

Jenny Wang

[email protected]

Student

Rebeka Thomas

[email protected]

Student

Alexander Sargent

[email protected]

Student

Patrick Gleason

[email protected]

Student

Hillary Frazer

[email protected]

Program Timeline

Touchpoints & Assignments Due Date Submission
OFFICIAL PROJECT KICKOFF

OFFICIAL PROJECT KICKOFF

Each company will provide a web conference link and time for scheduled kickoff meeting
March 22 Event na
PROJECT COMPLETE: UPLOAD FINAL DELIVERABLES PROJECT COMPLETE: UPLOAD FINAL DELIVERABLES
Please upload your final presentations and/or any final reports you delivered to the company.
March 25 Submission Required submission-required
Final PEER Evaluation Due

Final PEER Evaluation Due

March 28 Event na
Final SELF Evaluation Due

Final SELF Evaluation Due

March 28 Event na
Temperature Check #1 Due by 5:00 PM ET

Temperature Check #1 Due by 5:00 PM ET

March 22 Event na
Temperature Check #2 Due by 5:00 PM ET

Temperature Check #2 Due by 5:00 PM ET

March 23 Event na
UPLOAD STATEMENT OF CONFIDENTIALITY UPLOAD STATEMENT OF CONFIDENTIALITY
During this program, you'll be working on a real project posed by a real industry partner. Please download, sign, and then upload the Statement of Confidentiality. If your industry partner requires an additional NDA, that will be loaded as a Project Resources
March 20 Submission Required submission-required
Final Interterm Feedback Survey

Final Interterm Feedback Survey

March 28 Event na

Key Milestones & Project Process

  • March 23, 2021 - Deep-dive into the True Religion Brand Jeans company

    • Company history
    • Business description
    • Overview of eCommerce Strategy
    • Product Overview
    • Locations and distribution channels
    • Key competitors for the Gen Z & millennial customer
    • Financial: Financial ratios, pricing models, cost targets, promotion model

    True Religion Website


    Suggested Deliverable:

    In-class presentation on the True Religion Brand Jeans company

  • March 24, 2021 - Deep-dive into the market to gain a clear understanding of what’s going on in the market and identify opportunities and threats on the horizon

    • What is the estimated growth rate and market share and size of the market in the coming years?
    • What are the factors driving and inhibiting market growth?
    • What are the future opportunities in the market/eCommerce? And the Gen Z & millennial customer?
    • Which are the most dynamic companies and what are their recent developments within the market? How have they gained a competitive edge over other competitors?
    • What are the key trends observed in the market? What key developments can be expected in the coming years?
    • How does your analysis shed light on crucial trends and dynamics impacting the development of the market, including the restraints, drivers, and opportunities?
    • What opportunities does the market hold for True Religion for explosive growth?

    Suggested Deliverable:

    True Religion Asks: Customer survey data; business KPI data by channel (email/SMS/paid media/organic social)

    Suggested Deliverable: 

    Market analysis report (Market forecast, key revenue drivers and projections, profile of top companies, other relevant reports)

  • March 25, 2021 - Propose a creative growth strategy for monumental impact on the business

    • How can True Religion capitalize on the concepts and insights gleaned in this analysis?
    • What type of growth strategy do you propose, and why?
    • What are the key priorities, and how should these inform decisions about factors such as Promotion and branding, Customer acquisition, Distribution channels.
    • Brand collaborations? Instagram influencer strategy? Renting the side of a skyscraper? Think Wild and Crazy!
    • Prepare to defend the concept and the course of action needed to achieve the objective.

    Suggested Deliverable:

    Growth Strategy report and presentation