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.
Contact:
- Mariel Natanawan: Manager, Lifecycle Marketing - mariel.natanawan@thereformation.com
- Olivia Poletti: Director, Brand Marketing - olivia.poletti@thereformation.com