BizInsider Magazine’s Post

INDEPENDENT RETAILER CHALLENGES IN 2025 Staying #independent and not following the path of some #departmentstores going concession with big brands. That’s the biggest challenge we all face. #Brands, understandably, want to have control of their brands — physical space, #assortment, #brandmarketing, sellers involved, etc. We find ways to do all that however it’s an ongoing challenge to balance building brands while staying independent and catering to the customer needs and wants they expect from us. https://lnkd.in/g2mspEUm #indieretail #menswear #retailnews #retailtrends #RetailVoices #TopRetailExperts

AW24 fashion apparel, accessories and footwear should be disappearing from the high street- ideally selling out in end of season sale. Likely it is being handled...again, repacked and getting shipped back to warehouses, maybe to gather dust. Don't let this happen! Let GTR Stock help you sell any excess stock. Reducing warehouse and logistics costs, generating cash, freeing up space for newness- on shop floors, on websites and in DC's. Are you a fashion retailer with excess or non-trading stock? Whether it is aged stock, liability lines, cancelled orders, imperfect styles, returns, samples or excess in-season options...? GTR Stock are here to help. Gavin R. has 25+ years of retail excellence, and over 9 years of experience in clearing stock through premium off-price and liquidation partners. Driving sell-through, cash generation, cost recovery; always at the best possible trading margin. As a lifelong retailer, I know the positives, and negatives, that off-price and liquidation trading can have on a brand. With this in mind I work hard to do the best for each client I work with. Share your needs and GTR Stock can offer the below approaches: - Advisory role: laying out a clear, workable and realistic trading strategy to meet each clients needs. Outlining what is feasible in terms of timelines, volumes and margins. Highlighting partners that can meet clients key targets. This can relate to one-off opportunities or setting up long term commercial relationships. - End to end service: a bespoke service reacting to clients requirements. Agreeing and arranging sales on behalf of each client. Working with clients and relevant partners to facilitate sales using clients existing operational and financial structures. The aim; to maximise sell-thru at the best possible price. If you require my services please don't hesitate to get in touch: gavinrichards@gtrstock.com #sales #excessstock #trading #tradingstrategy #offprice #liquidation #margin #costrecovery #branddevelopment #whynot #expertise #experience #retail #additionalincome #cashgeneration #experience #help #fashion

The most commonly sold sizes for men's clothing are Medium (M), Large (L), and Extra Large (XL), which tend to sell out first. Similarly, in men's shoes, sizes 9 and 9.5 are the first to sell out. For women's clothing, sizes 12, 14, 16, and 18 are the most popular, while sizes 8 and 10 are more likely to end up in sales. Given this pattern, why don't the store's merchandising teams order more of these high-demand sizes to maximize sales?

Amidst the menswear boom that has been taking place over the past few years, it has become increasingly hard for newer brands to establish themselves in this space. #InsideRetail #Retail #retailnews #menswear #place #brand https://lnkd.in/dbNqsd9y

Making your marketing concepts come to life! Proforma Protege Pro your one source for all your marketing needs!

Why Custom Socks Boost Profitability Through Creative Merchandising This infographic visually represents the various ways custom socks can be used to enhance profitability. It includes examples of creative merchandising strategies, such as bundling with other products, offering limited-edition designs, and leveraging social media. The infographic highlights the potential of custom socks to increase sales, attract new customers, and improve brand loyalty. Visit: https://lnkd.in/dUhuCpNe #customsocks #socks #sockstagram #sockgame #socklove #customfootwear #personalizedsocks #customsocksdesign #socksofinstagram #uniquegifts #customproducts #personalizedgifts #smallbusiness #handmade #uniquegifts #customdesign #giftideas #bespoke #oneofakind #supportsmallbusiness

Our October cover star is Donald Finlay, executive chair of Douglas & Grahame, who was honoured with the Lifetime Achievement Award at Drapers Independents Awards 2024. Also in the issue we highlight N Brown Group's award-winning "Embrace" strategy and Kurt Geiger CEO Neil Clifford describes how a “big, hairy, audacious goal to build a school” has led to a pipeline of new talent for the footwear brand. Subscribe now to read the entire issue. #magazine #fashionretail #fashionnews #digitaledition #subscribe

Nordstrom, Inc., posted strong Q3 fiscal 2024 results, with net sales up by 4.6% year-over-year to US $ 3.46 billion and GMV rising by 5.3%. Digital sales, which accounted for 34% of total revenue, grew 6.4%, though the Anniversary Sale’s timing shift trimmed sales by 100 basis points. Women’s clothing and activewear saw double-digit growth, while footwear and children’s apparel achieved mid- to high-single-digit gains. Nordstrom Rack sales surged by 10.6% year-over-year, highlighting its robust performance. To read more, click here👉🏻 https://lnkd.in/g3xAAtYR #ApparelResources #DailyNews #Nordstrom #QuarterlyResults #FashionRetail #DigitalSales #Activewear #WomensClothing #RetailGrowth #GMV #Ecommerce #Q3Performance #FootwearTrends #NordstromRack #ApparelIndustry #FashionMarket #ClothingSales #RetailExpansion #AnniversarySale #MensFashion #KidsApparel #RetailNews #ConsumerTrends #USRetail #LuxuryRetail #MarketPerformance #FashionBusiness #RetailTrends

👟 Will HeyDude drag down Crocs? After their October earnings call, Crocs shares fell by 18% on the news that their casual shoe brand HeyDude saw a 15% YoY decline in sales. While other Crocs product sales are still growing, HeyDude's sales decrease is dragging down the company's share price. Crocs acquired HeyDude for $2.5 Billion in 2021 and the brand was growing rapidly over the last few years. Compared to the Crocs clogs, HeyDude positions itself as more of a casual shoe/loafer, similar to Allbirds. It's more of a "normal" footwear brand going after a young audience and expand Crocs' share of wallet. To combat the HeyDude sales decline, Crocs has announced several new collaborations with people like Sydney Sweeney, Jelly Roll, and Chase Stokes. They have also started selling more on TikTok Shop. This has all happened over the last few months so we'll need more time to see their effects on HeyDude sales. Crocs' smart collab strategy deserves a lot of credit in contributing to the parent brand's success over the last ten years. They'll need thoughtful and hard-hitting collaborations to drive HeyDude's growth because buying those shoes is a different value proposition to buying Crocs. #crocs #heydude #collaborations #marketing #footwear #retail #sneakers #advertising