How to say niche differentiation strategy in French

The company, which has a diverse portfolio of handbags, perfume, cosmetics, clothing, jewellery and shoes, prides itself on being the ultimate purveyor of luxury, and sets its prices accordingly. Handbags start at around $1,500, and some sell for over $30,000. The firm’s signature perfume, Chanel No. 5, is the world’s bestselling fragrance, and costs around $100 a bottle.

The exclusivity of the brand is one of Chanel’s biggest assets, Ms Chiquet insists. After becoming Chanel’s global chief executive in January 2007, having previously been president of its American operations, she set herself two main tasks: to “upgrade” and to “modernise”.

via The Economist

By Richard Brisebois

I help companies develop their leaders. I help managers develop themselves and their teams.
Richard Brisebois is a leadership development professional who has worked with 7,000+ managers, leaders, and business owners in 40+ countries, from Fortune50 executives to SME business owners and tribal leaders. He specializes in designing and facilitating leadership development programs as well in team coaching.