Female Opps: Reformation launches first-ever handbag line as digital spend skyrockets

Sales Lead: Popular fashion brand Reformation just launched its first line of handbags.

  • The company also launched a corresponding campaign that features Camila Morrone, a star from Daisy Jones and the Six.
  • The company will likely:
    • Pursue additional influencer partnerships
    • Keep increasing spend
  • Target demographic
    • Female Gen-Z and millennials

Additional spending insights:

  • Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
    • YTD spend: So far this year, Reformation has spent roughly $674k on digital ads, more than triple the roughly $197.7k spent within the same 2022 timeframe.
    • YTD data: The company has earned around 104.6m digital impressions YTD via Instagram (66%), Facebook (26%), and desktop display (8%) ads.
    • Last year: In 2022, Reformation's estimated full-year spend of $1m reached 34% more than that of $744.7k in 2021.

Additional agency insights:

  • Opportunity: Reformation may seek additional agency assistance to get the word out about its new products; get in touch soon to see.
  • Current agency roster:
    • ​​​​​​​No current agency relationships yet confirmed

Insight Sources: Digital spend insights estimated by Pathmatics.

 

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