Liverpool Victoria blows £2m to become LV=
'A contemporary expression of our mutuality'
LogoWatch The Strategy Boutiques have evidently been busy down at Liverpool Victoria, the UK's biggest friendly society, which has spunked £2m in triumphantly transforming itself into LV=.
The redefined brand frontage "draws on our heritage and our new look aims to present us in a more modern and vibrant way", according to the admirably restrained blurb.
In case you're pondering the full significance of this paradigm-shifting graphic, well, "the letters L and V have evolved from our heritage as Liverpool Victoria" while "the equals sign is a contemporary expression of our mutuality".
According to the Daily Telegraph (which signals its disapproval with the headline "160 years of tradition elbowed aside for LV="), LV='s big cheese Mike Rogers explained: "Although the existing identity had a great heritage, we only had 2pc spontaneous brand awareness. The new brand identity is a natural evolution of the Liverpool Victoria name."
The bottom line is that the new name is intended to be "shorter and more memorable". It's certainly shorter, but we have a question: just how on God's Green Earth are you supposed to pronounce this £2m example of rebranding madness? Answers on a postcard to El-Vee-Equals, or El-Vee-Is or whatever. ®
A complimentary nose ajax-fuelled flipchart presentation to Matthew Duggan for the tip-off.