Gap's CEO, Richard Dixon, implemented a playbook centered on reinvigorating the brand's core DNA and connecting it to modern culture. This focus on cultural relevance, rather than just product, is presented as the primary driver of their financial resurgence.

Enduring 'stay-up' brands don't need to fundamentally reinvent their core product. Instead, they should focus on creating opportunities for consumers to 'reappraise' the brand in a current context. The goal is to make the familiar feel fresh and relevant again, connecting it to modern culture.

Levi's is launching a premium denim line using a blue tab instead of its iconic red one. This simple visual change serves as a powerful status signal, allowing consumers to publicly display that they've purchased the more expensive, exclusive version of the product, creating a new tier within the brand's ecosystem.

Rejection from Adidas and Puma forced Dick's to partner with an unknown Nike, which became a huge growth driver. Similarly, being strong-armed into selling apparel revealed a highly profitable new category. This shows that external constraints and unwanted demands can accidentally steer a business toward its biggest opportunities.

Province of Canada intentionally built an 'anti-fashion' brand by focusing on timeless basics rather than seasonal collections. This simplifies inventory, creates dependable products for customers, and allowed them to avoid the high-pressure, discount-driven wholesale cycle, leading to a more stable business.

For premium retail brands, avoiding the temptation to discount is crucial. Lululemon's strategy to rarely offer sales, even when certain styles fall flat, demonstrates a focus on long-term brand preservation over short-term earnings boosts, a key positive indicator for investors.

Focusing solely on direct-to-consumer (DTC) or wholesale is a failed strategy. Nike's retreat from wholesale and Allbirds' late entry into physical retail both backfired. A balanced, multi-channel presence is now a non-negotiable for consumer brands to meet customer expectations.

Eliminating a popular and profitable product line can be a wise long-term strategy. If a product, even a bestseller, creates brand confusion or pulls focus from your core vision, cutting it can strengthen your primary brand's identity and lead to more dedicated growth.

Numi launched a line of silk blouses that developed its own cult following. However, it created a second, competing brand identity and diverted focus. They phased it out to double down on their core competency—women's undershirts—where they were the undisputed market leader.