Question: Armani uses a three - tier product line differentiated based on style, luxury, customization, price, and distribution. During the recession, the lower - priced, younger,
Armani uses a threetier product line differentiated based on style, luxury, customization, price, and distribution. During the recession, the lowerpriced, younger, streetsavvy third tier, Armani Exchange, picked up the selling slack for the upper tiers. This is in line with the recommendation to during an economic downturn.
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Part
A
put forth the most expensive value proposition
B
explore the upside of increasing investment
C
maintain budget allocations
D
finetune brand and product offerings
E
get closer to customers
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