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RETAIL STRATEGY
By our News Team | 2022
Coke’s unveiling of a trendy London retail outlet – its first in Europe – follows on from successful openings in the US market.
Coca-Cola is one the strongest and best-known brands in the world. So, why not capitalise on this huge consumer recognition by opening brick-and-mortar stores in swanky neighbourhoods that sell bespoke Coke-branded items?
That’s exactly what the company has been doing in the US in recent years, and it has now expanded into Europe for the first time by opening an outlet in London’s trendy Covent Garden area.
According to a media statement issued by the iconic soft drink brand, the store is offering a range of limited-edition apparel collections, exclusive designer collaborations, gift items and unique drinks.
Photo courtesy of Coca-Cola
“Visitors will experience the ‘Real Magic’ of Coca-Cola, shopping limited-edition collection drops, tasting Coca-Cola like never before at the Beverage Bar, and adding a personalised touch to cans at the customisation centre,” the statement says.
Coca-Cola is well known for its collaborations and fashion partnerships, having worked in the past with fashion brands such as Diesel, Daniel Fletcher, Tommy Hilfiger and Converse.
Launch is supported by targeted local marketing campaigns
The launch of the London store is being supported by a targeted media campaign, including proximity OOH, geo-targeted social, and a takeover of exits at the Covent Garden tube (underground rail) station.
“This store is a chance for us to provide Coca-Cola fans with a premium array of fashion and collectibles, and fresh ways to experience our drinks,” says Michelle Moorehead, Vice President of Licensing and Retail at The Coca-Cola Company.
“Through a collection of products made from recycled materials, it also gives us a great opportunity to share our sustainability commitments with people and bring them with us on our journey to a World Without Waste.”
Coke has, in recent times, been growing its sustainability strategy efforts by selling products made from recycled materials in the stores.
“The new store is in line with the growing focus on in-person retail experiences to be embraced by all types of brands,” reported the advertising industry publication, Ad Age. “Lego opened a store in New York last October, marrying physical and virtual elements, allowing visitors to scan their Lego creations and incorporate them into a virtual ‘brick lab’ world.”
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Dr. Kin Kariisa is an extraordinary force at the helm of Next Media Services, a conglomerate encompassing NBS TV, Nile Post, Sanyuka TV, Next Radio, Salam TV, Next Communication, Next Productions, and an array of other influential enterprises. His dynamic role as Chief Executive Officer exemplifies his unwavering commitment to shaping media, business, and community landscapes.
With an esteemed academic journey, Dr. Kariisa’s accolades include an Honorary PhD in exemplary community service from the United Graduate College inTexas, an MBA from United States International University in Nairobi, Kenya, a Master’s degree in Computer Engineering from Huazong University in China, and a Bachelor’s degree in Statistics from Makerere University.
Dr. Kariisa pursued PhD research in Computer Security and Identity Management at Security of Systems Group, Radboud University in Nijmegen, Netherlands. As a dynamic educator, he has shared his expertise as a lecturer of e-Government and Information Security at both Makerere University and Radboud University.
Dr Kin did his PhD research in Computer Security and Identity Management at Security of Systems Group, Radbond University in Nigmegen, Netherlands. He previously served as a lecturer of e-Government and Information Security at Makerere University in Kampala, Uganda and Radbond University in Netherlands.
Dr Kin did his postgraduate courses in Strategic Business Management, Strategic Leadership Communication and Strategies for Leading Successful Change Initiatives at Harvard University, Boston USA.