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Brand Platform Drives Planning


                                 Vision
                                What is
                               Metropark?


                             Brand Platform
                         Industry, Competitor and
                            Customer Insights



                              Business Plan
                     What do we want to accomplish?




                              Key Strategies
                     What will we do to accomplish this?
Merchandising   Ops./Store Experience     E-Commerce Marketing
                                                                 1
What is Metropark?

Background                                                  Mission Statement
Metropark was founded in 2004 to capitalize on the large    Metropark will be known as a trusted style and trend
Gen Y segment, who had moved on from teen retailers,        authority for fashion-forward women and men, with
but were still looking for fashion-forward apparel and      significant mind-and wallet-share and superior
accessories. The chain enjoyed rapid growth and             financial performance driven by a robust direct-to-
considerable success in its first 4 years, due to its       consumer business and complementary brick and
differentiated “Fashion-Music-Art” positioning, unique in   mortar stores in key U.S. markets
store experience, focus on popular brands, and major
fashion trends including premium denim. Since 2008,          Brand Purpose
sales have slipped, and Metropark is in the process of       Only Metropark bridges the ever-changing worlds
refining all aspects of its business to create new           of fashion, music and art by delivering a “best of
opportunities and sustained growth                           the best” assortment, a distinctive shopping
                                                             experience, friendly style advice as part of an
                                                             authentic and engaging conversation with our
                                                             customers and exceptional service – both online
                                                             and in stores

                                                             Metropark Core Values
                                                             • Individual Expression
                                                             • Shared Experience
                                                             • Diversity
                                                             • Passion
                                                                                                                   2
Evolving the Brand Platform – Bringing the Vision to Life

Brand Position                                          Brand Essence
For trend-setting young adults, Metropark celebrates   • Sexy
the convergence of fashion, music and art with a         Confident, Edgy, Fun
perfectly edited assortment of fashion forward
contemporary brands and an engaging online and
in-store experience
                                                       • Contemporary
                                                         Edited, Modern, Stylish
 Metropark Is Not          Metropark Is
 • Trendy Only             • Fashion Forward
 • Young                   • A Youthful Mindset        • Expressive
                                                         Creative, Diverse, Inspired
 • Masculine               • For Men & Women
 • Casual Only             • Versatile
 • Exclusionary            • Edited                    • Authentic
                                                         Credible, Honest, Refreshing
 • Loud                    • Stylized
 • Obnoxious               • Uncommon
                                                       • Distinct
 • Overpriced              • Quality + Value             Original, Uncommon, Unique


                                                       • Trusted
                                                         Friendly, Helpful, Knowledgeable



                                                                                            3
Target Consumer

The Metropark Core Consumer - Narrative
“I like clothes -- a lot. Probably more than I should given everything going on in the world these days. How I look is important
to me, just like knowing about what’s most up to date, whether it’s an must-have new app or sharing the latest download. It’s
who I am. Maybe I was a little spoiled in the past – I was usually able to get what I wanted from the parents. But those days
are gone, and now it’s my money. I’m picky and I have my own personal style, so I usually have a pretty good idea of what I’m
looking for. I’m not home much, so when I’m out, whether it’s at the job, hanging out with my friends or getting ready for a night
out, I want to be comfortable but look good -- in my own way. You never know who you might run into…or meet.”


                                                                                                       Customer Profile

                                                                                        •   18 – 45; Core 25 – 35
                                                                                        •   HHI $50k+ single, $100k+ couples
                                                                                        •   College Educated
                                                                                        •   Confident, Creative, Expressive
                                                                                        •   Early Adopters of tech and fashion
                                                                                        •   Above avg. spend on clothes and shoes
                                                                                        •   Style and trend conscious
                                                                                        •   Likes to be noticed
                                                                                        •   Strong personal style
                                                                                        •   Shops many retailers, in-store + online
                                                                                        •   Buys style/trend first, brand second




                                                                                                                                     4

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Metropark

  • 1. Brand Platform Drives Planning Vision What is Metropark? Brand Platform Industry, Competitor and Customer Insights Business Plan What do we want to accomplish? Key Strategies What will we do to accomplish this? Merchandising Ops./Store Experience E-Commerce Marketing 1
  • 2. What is Metropark? Background Mission Statement Metropark was founded in 2004 to capitalize on the large Metropark will be known as a trusted style and trend Gen Y segment, who had moved on from teen retailers, authority for fashion-forward women and men, with but were still looking for fashion-forward apparel and significant mind-and wallet-share and superior accessories. The chain enjoyed rapid growth and financial performance driven by a robust direct-to- considerable success in its first 4 years, due to its consumer business and complementary brick and differentiated “Fashion-Music-Art” positioning, unique in mortar stores in key U.S. markets store experience, focus on popular brands, and major fashion trends including premium denim. Since 2008, Brand Purpose sales have slipped, and Metropark is in the process of Only Metropark bridges the ever-changing worlds refining all aspects of its business to create new of fashion, music and art by delivering a “best of opportunities and sustained growth the best” assortment, a distinctive shopping experience, friendly style advice as part of an authentic and engaging conversation with our customers and exceptional service – both online and in stores Metropark Core Values • Individual Expression • Shared Experience • Diversity • Passion 2
  • 3. Evolving the Brand Platform – Bringing the Vision to Life Brand Position Brand Essence For trend-setting young adults, Metropark celebrates • Sexy the convergence of fashion, music and art with a Confident, Edgy, Fun perfectly edited assortment of fashion forward contemporary brands and an engaging online and in-store experience • Contemporary Edited, Modern, Stylish Metropark Is Not Metropark Is • Trendy Only • Fashion Forward • Young • A Youthful Mindset • Expressive Creative, Diverse, Inspired • Masculine • For Men & Women • Casual Only • Versatile • Exclusionary • Edited • Authentic Credible, Honest, Refreshing • Loud • Stylized • Obnoxious • Uncommon • Distinct • Overpriced • Quality + Value Original, Uncommon, Unique • Trusted Friendly, Helpful, Knowledgeable 3
  • 4. Target Consumer The Metropark Core Consumer - Narrative “I like clothes -- a lot. Probably more than I should given everything going on in the world these days. How I look is important to me, just like knowing about what’s most up to date, whether it’s an must-have new app or sharing the latest download. It’s who I am. Maybe I was a little spoiled in the past – I was usually able to get what I wanted from the parents. But those days are gone, and now it’s my money. I’m picky and I have my own personal style, so I usually have a pretty good idea of what I’m looking for. I’m not home much, so when I’m out, whether it’s at the job, hanging out with my friends or getting ready for a night out, I want to be comfortable but look good -- in my own way. You never know who you might run into…or meet.” Customer Profile • 18 – 45; Core 25 – 35 • HHI $50k+ single, $100k+ couples • College Educated • Confident, Creative, Expressive • Early Adopters of tech and fashion • Above avg. spend on clothes and shoes • Style and trend conscious • Likes to be noticed • Strong personal style • Shops many retailers, in-store + online • Buys style/trend first, brand second 4