Their handbags were popular in the 1990s – now, Tocco Toscano’s young boss is reviving the family business

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 97 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 42%
  • Publisher: 66%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

When it became evident that the family business needed a big change, Joseph Lor took over the reins and gave it a spanking new image. (And yes, it's not an Italian brand but proudly Singaporean.)

Growing up, Joseph Lor spent a lot of time around women’s handbags. But there’s nothing odd about that, given that he is the successor to homegrown leather goods brand Tocco Toscano.

One thing about the brand has remained the same – it is still among the key handbag brands at department stores here. Apart from that, pretty much everything else has changed with a revamp that he took four years to implement, in order to align Tocco Toscano with modern times and a younger audience than who it previously spoke to.Browse through Tocco Toscano’s current line-up and one might be surprised to find designs that would not have been part of its repertoire before.

“Rebranding is a journey and in a brand’s life span, it could be done several times; sometimes in big ways and sometimes with small, subtle changes that are done over time, to ease the customer experience. We know that our current customers are our anchors – we kept that in mind as we did not want to make an aggressive change just for the sake of attracting a new target group of consumers,” he explained.The key, to him, was to do it in stages progressively.

Tocco Toscano became the first Singaporean brand to launch a line of bags and accessories made from apple leather earlier this year. “Iduna, the first collection from our apple leather series, combines functional luxury with the beauty of vegan leather to create an experience of vegan leather like never before.’ve also worked with Singapore Airlines to launch a collection using upcycled aircraft seatbelts, life vests and apple leather, and have plans to explore similar sustainable leather alternatives in the pipeline.

So far, his revamp strategies have proven to be fruitful. The brand currently has 16 physical retail locations in Asia, with predominant presence in Singapore, Malaysia and Thailand, and may be landing in New York or Europe soon, pending further market testing. But the biggest success is probably the significant boost in sales.six-figure sales online every month and a 15-fold growth in revenue following the rebranding and online pivot.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Toyota chief tests positive for COVID, cancels business event attendanceTOKYO : Toyota Motor Corp President Akio Toyoda has tested positive for COVID-19 and will be absent from a series of New Year events to be held by Japanese business lobbies on Thursday, a company spokesperson said.Toyoda had been due at events in Tokyo hosted by Japan's top trade organisations where busin Zzzzz
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »