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| Indiantelevision.com's
interview with IMG Fashion Asia Pacific MD Simon Lock |
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'Organising
a fashion event is a question of management - order, discipline,
logistics, delivery'
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| Posted
on 27 March 2006 |
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IMG
Fashion Asia Pacific MD Simon P Lock, the man who thrust Australian
fashion onto the world stage, is in town for the Lakme Fashion Week,
which kicks off tomorrow in Mumbai and runs till 1 April 2006.
Lock,
the founder and former CEO of Fashion Innovators (AFI), as too the
region's premier fashion event, Mercedes Australian Fashion Week,
took over as head of IMG Fashion AsiaPac after his company was bought
out by IMG in October 2005. The acquisition by IMG also included
the management and production of the Mercedes-Benz Start Up program
in Australia and New Zealand, the Mercedes-Benz Asia Fashion Award
program that is currently held in six countries throughout Asia,
the Singapore Fashion Festival and other fashion events around the
Asia Pacific region in development, including events in India, China
and Japan.
Indiantelevision.com's
Ashwin
Pinto caught
up with Lock to find out more about IMG Fashion and its plans.
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How has IMG expanded its presence in the fashion world in the past
five years?
Quite
significantly! Here in the Asia Pacific they acquired my company
in Australia AFI which produces the Mercedes Fashion Week in Sydney.
It also produces the Singapore Fashion Festival. So that has become
a part of IMG Fashion family. In India we have the Lakme Fashion
Week. New fashion weeks have started in many cities including Los
Angeles and Miami. IMG Fashion is also involved closely with a number
of Fashion Weeks in Europe.
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Anything
else?
IMG Fashion also has IMG Models. I am involved with developing
that sphere as well and we are doing a lot of work in the Asia Pacific
region. IMG Models represents some of the leading models in the
world. They include Kate Moss, Heidi Klum and Giselle Bundchen.
My role is to look for opportunities for those girls in Asian markets.
My job is also to spot new talent who can become a part of the IMG
fold globally.
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In what way has the business model evolved along with the industry?
The
business model of IMG Fashion is primarily based on the ownership
and the development of fashion events. They can be trade events
for the industry or events for the public who are fans of fashion.
The revenue model revolves around contributions fro m designers
to participate in these events and also sponsorship to drive the
events.
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How difficult is it to find sponsorship?
It
is always a challenge. You are competing with other parts of the
marketing spend. This is the advertising spend, public relations
spend. IMG has vast opportunities because it has such good significant
properties around the world.
So
if you are an international brand like Lakme or Olympus or Mercedes
Benz and looking to create an association with the fashion industry
and therefore reach consumers then IMG Fashion can be a valuable
partner for you.
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How
has the takeover of the takeover of IMG by investment company Forstmann
Little & Co impacted the company?
It has added value to both management and the operational structure.
Forstmann has great vision which they have been able to transfer
into the development of IMG Fashion. They are bringing in some new
things like a focus on the internet and new media.
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'We
are seeing designers images going up on the Internet straight
away and retailers copying them. Many designers are considering
pulling out of online galleries'
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How is IMG Fashion looking to leverage the Internet and new media?
New
York is the best example of what we are looking to do. Recently
we created a partnership with Microsoft and Sprint to deliver fashion
show content online.
This
is the first time it has been done live anywhere in the world. It
was successful. The site imgfashionworld.com started to rank alongside
other great event sites around the world like Wimbledon, US Open.
It is a win win value proposition and allows us another window to
showcase our collection.
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Is
the mobile also an opportunity?
Definitely. We are in discussion with a lot of operators. With
the advent of 3G and mobile, TV people are coming to grips with
what the consumer wants. Do they want five minutes edited highlights
of fashion shows? Do they want to be able to see what is happening
backstage? Do they want critiques? Do I want to watch it while traveling
on a bus or while I am at work?
As
consumers we do not know what we want out of this new media. But
IMG Fashion is well positioned to deliver the content in whatever
manner it suits the consumer. It is a question how we apply content
to the medium.
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How important a market is India for IMG from the fashion side compared
to other Asian countries?
It is significant and we have been here for six years already.
India has a vibrant fashion industry that we are partners with.
India has a huge growing consumer population. They are getting more
involved with fashion.
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Could you talk about some of the learnings from other countries
that you have applied for the Indian market?
Lots! I have been running fashion Weeks for 10-12 years. We
bring 20 years of running them and it benefits India. There is a
lot of detail, procedure, information.
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What are the ways in which IMG is leveraging the synergies between
fashion and the worlds of music and entertainment?
We did an innovation recently in Singapore. This was a collaboration
with MTV. We produced a special MTV Fashionably Loud. This
the epitomy of live music rock concert married to a fashion show
and developed into a brilliant television programme which will air
across Asia, including India, on 9 April 2006.
It
stars top designers like John Paul Gautier, Gucci, Prada. We have
an indirect relationship with the film world. Many designers who
participate in our fashion Weeks dress film celebrities.
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'The
overall challenge is in fighting for the consumer dollar against
different industries like cosmetics, entertainment, food etc'
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What role do major events like the Oscar Awards play in increasing
synergy between the world's of entertainment and fashion?
The first hour of a major film programme, whether it is the
Oscar Awards, the Golden Globes, the Baftas, focus on what people
are wearing. On the red carpet the interviewers are more interested
in the outfits than on the films. This is a huge opportunity for
designers to get noticed in a way that otherwise would not be possible.
The
downside is that some of the mystique is lost when viewers find
out that the dress is being returned tomorrow along with the jewelry.
This is something though that the industry has to learn to live
with.
When
you have a celebrity for a fashion event the danger is that he/she
might have their own aims. This need not be promoting their designers.
When the relationship works well in terms of the celebrity talking
about the designer and vice versa. It needs to be balanced though.
A personal connection helps when a celebrity likes to wear a particular
designers clothes, as it looks good on them. It does not always
happen though.
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Could you talk about how IMG increases the brand equity of a fashion
event through its expertise?
We have a series of production partners who help us produce
events. We have contractors around the world. IMG Fashion also has
experienced executives who help manage sponsorships, marketing and
bringing in international buyers and producing events. It helps
create better outcomes for the participants. Designers will sell
more clothes and the media coverage for Lakme Fashion Week will
grow exponentially.
So
they know that the return on investment is strong. At the end of
the day we bring measurable outcomes to participants. Without commercial
outcomes we cannot commercially substantiate our involvement or
their involvement.
Our
aim is never to create a homogenous Fashion Week circuit. In New
York it has its own style and personality of showcasing sports wear.
Los Angeles, Mumbai, Sydney are also distinctive. The inherent nature
of the industry allows each event to be different. Indian designers
have a certain, style, feel and way of doing business. We have no
intention of taking this spirit away. We want to embrace and enhance
that spirit. Lakme fashion Week has sense of community and that
is the spirit.
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What
is the main difference between organising a fashion event and a sports
event?
The basic principles are the same. You need organisational skills
for both. However, a specific expertise a required to run fashion
events. This means that you have to understand the industry. Organising
a fashion event is a question of management - order, discipline, logistics,
delivery. |
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What
are the ways in which IMG meets these challenges?
It is about having a plan that will offer a successful outcome.
You need to be very structured and focussed. You need great creativity
and logistical execution. You need to balance both.
There
is no point in having a creative Fashion Week if the sets fall down.
If it is not run on time or the media is not getting what is going
on, then the event will be affected.
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Are
you satisfied with how television channels cover the fashion industry
or do you feel that there is a need for greater in-depth coverage?
What I am trying to get at is that the genuine understanding of
the fashion business is very low in India among journalists in particular
and the media in general.
It is a good point. Designers need to be more prepared to deal
with the media. They need to be more educated. The media needs to
understand the subject matter and then put it in an international
context.
If
an Indian designer comes out tomorrow on the catwalk with a Gucci
rip off then the journalist must be able to spot it. That is your
responsibility to the consumer.
To
do that you have to take your journalism and research equity very
seriously. We need to see more of that in India. What ultimately
works is mutual respect between the two parties.
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On
its part what efforts is IMG taking to make its fashion events more
TV friendly?
We have excellent lighting and sound. So the quality that we can
get out of our events is good. We have great partnerships like with
Zee here. We also did one with Microsoft in the US. IMG owns one of
the largest television production companies in the world -TWI. So
we have a lot of experience in this area. |
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In
India one problem that the fashion industry commonly faces is charges
of copying of designs. What in your view is the solution and is
this problem faced in other countries?
This problem is faced everywhere. We are seeing it now with
designers images going up on the Internet straight away and retailers
copying them. Many designers are considering pulling out of online
galleries. I am not sure of what the solution is to this problem.
The
overall challenge is in fighting for the consumer dollar against
different industries like cosmetics, entertainment, food etc. Hopefully
we will get our fair share and this can be done by providing people
with the right products.
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Could
you talk about IMG's expansion plans globally on the fashion side?
We have development plans for new events across the Asia Pacific
region. We can talk about this when the time is right. |
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What
are the plans that IMG has for India going forward?
The way forward is to grow and develop the Lakme Fashion Week.
You grow it by getting more buyers and more media to attend. They
write for more orders, the designers get bigger. Both parties come
back. It is cyclic.
The
event has to be of a high quality so that designers want to participate.
So content has to grow.
Then again there is no good having great content if you do not tell
people about it. Our job is to tell people globally what is going
on here.
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(Picture
Courtesy marketingmag.com)
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