National Geographic is launching their own retail shops in Sydney and Melbourne.
👉 Background: National Geographic is the company known for its iconic yellow-bordered magazine and wild nature documentaries. But now, National Geographic is moving out of the deserts, jungles, and national reserves... and moving right into your local shopping centre.
👉 What happened: National Geographic has announced it is launching their own retail shops in Sydney and Melbourne - selling apparel like puffer jackets, pants, hoodies, luggage, and backpacks. The idea is to take on the global players like North Face and Patagonia, and local players like Kathmandu and Macpac.
👉 What else: And National Geographic's move into the retail apparel space is the perfect example of a brand extension.
💡The brand extension strategy is when a company is using its established brand name to introduce a new product or product line.
💡We've seen a whole range of media brands leverage brand recognition to introduce clothing lines:
💡While it can be a powerful way to enter new markets, the new product still needs to align with the brand's image and values. It would be weird if National Geographic's stores started selling mattresses... or perfume.
Sign up for Flux and join 100,000 members of the Flux family