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‘It’s not a blank canvas’: Teva’s Anders Bergstrom on how the sandals brand capitalized on recent fashion trends

Modern Retail Podcast · with Anders Bergstrom · November 18, 2021 · 32 min

Summary

Teva's Global General Manager, Anders Bergstrom, reveals how the heritage sandal brand reclaimed market leadership by strategically re-engaging with its core identity while capitalizing on emerging fashion trends like "gorpcore." This episode offers a masterclass in brand revitalization, detailing how Teva leveraged collaborations and product evolution to appeal to a new generation of consumers, proving that even established brands can innovate and dominate. Ecommerce operators can learn how to balance brand legacy with contemporary market demands to achieve remarkable growth.

Key takeaways

Themes

brand & contentretail & omnichannelproduct & merchandising

Topics covered

heritage brand revitalizationgorpcore fashion trendbrand collaborationssport sandal marketoutdoor apparel market growthproduct innovation

Episode description

It’s a good time to be an outdoor apparel brand. According to NPD Group, outdoorwear sales are up 45% this year, and some brands have been able to dominate this growing fervor. Teva, the shoe brand known for its velcro strapped sandal, has seen sales grow. In the ’80s, when the sandals first hit the market, Teva was the leader in the space. Then, after a couple decades of dominance, fervor died down, as other competitors like Chacos and Keens began to encroach on its territory. But over the last three years the company has been focused on reemerging as a footwear leader. “In short order,” said Anders Bergstrom, Teva’s global general manager, “we’ve retaken the number one position in sport sandals.” Bergstrom joined the Modern Retail Podcast and spoke about how he’s been handling all the curveballs thrown over the last few years. Teva -- which is pronounced ‘teh-vah,’ not ‘tee-vah’ -- has been around since 1985. “The idea -- the notion -- of a sport sandal did not exist until 1985,” said Bergstrom. Teva, he explained, was the first of its kind. “What Teva did was introduce an active component to the sandal category in a way that had not been done before,” he said. That has been the North Star for the brand -- and it’s long been associated with its well-known classic style. But the brand has been staying relevant with new styles and even brand collaborations. Some partnerships include the singer Jhené Like, Outdoor Voices and Cotpaxi. “The sport sandal itself is so iconic -- it’s so unusual -- that, for lack of a better term, collab partners just have a field day tweaking it,” said Bergstrom. “It’s not a blank canvas -- it is just a number of straps that are attached to a midsole.” What also has kept Teva relevant of late is the fact that a certain type of outdoor apparel has become quite fashionable. What some describe gorpcore -- which includes outdoor classics like Patagonia vests and hiking boots -- has become all the rage in New York fashion circles. Said Bergstr

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Frequently asked about this episode

What does this episode say about brand & content?
Embrace your brand's foundational principles as a "North Star" to guide innovation without losing brand identity.
What does this episode say about retail & omnichannel?
Leverage collaborations with artists and complementary brands to refresh product lines and reach new demographics.
What does this episode say about product & merchandising?
Capitalize on relevant fashion and cultural trends (e.g., "gorpcore") to expand market appeal and drive sales, even for heritage products.
What does this episode say about brand & content?
Maintain product distinctiveness while allowing for creative "tweaks" by collaborators to keep offerings fresh and exciting.
What does this episode say about brand & content?
Strategic re-evaluation and adaptation can help heritage brands reclaim market leadership in competitive landscapes.

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