Macy's’ Post

One virtual event, JOOR, offers access to the globe's four most significant Fashion Weeks. JOOR introduces "Joor x Fashion Month," a digital wholesale platform, enabling retailers to effortlessly access and explore collections from #NewYork, #London, #Milan, and #Paris Fashion Weeks in one virtual event. This streamlined experience aims to meet the coveted aspiration of retailers, simplifying the ordering process and providing exclusive access to the world's top Fashion Weeks with just a click. This innovative service facilitates virtual connections between buyers and brands during fashion fairs. From emerging designers to global fashion powerhouses, JOOR's market-leading platform transforms your wholesale operations to drive business growth. The platform features prominent brands such as Prabal Gurung, LLC, Proenza Schouler, KHAITE, Tory Burch, Thom Browne, Inc., DAVID KOMA LONDON, Simone Rocha, JW Anderson, ERDEM, Holzweiler, Blumarine ec, JIL SANDER, MSGM, Missoni, Diesel, Isabel Marant, Stella McCartney, Issey Miyake, Loewe, and Victoria Beckham. "Bringing together the world's four most influential fashion weeks into one #virtual event underscores the ease and significance of #digital #wholesale, as we continue to enhance the #B2B experience and facilitate a transparent purchasing process for our extensive network of leading global retailers," remarked Kristin Savilia, CEO of JOOR, who collaborates with renowned establishments such as Harrods, Neiman Marcus Group, Harvey Nichols, Printemps, Bergdorf Goodman, Shopbop, and DOVER STREET MARKET (INTERNATIONAL) LIMITED. Read more from one of the world's best information sites for #fashion, #luxury, and #beauty professionals: Fashion Network 👏

Is Kering navigating the storm of economic shifts in luxury retail? Our latest analysis dives into Kering's strategic maneuvers and how its leading brands like Gucci and Yves Saint Laurent are adapting to market changes. Read more https://ow.ly/cK6z50SqOVU #LuxuryRetail #Retail #Finance #Profit #RMMagazine

Urban Outfitters Crashes on Mixed Results The shares of the Urban Outfitters apparel company fell over 11% in premarket trading on Thursday after the company reported mixed quarterly results. While both quarterly revenue and profits rose on an annual basis and beat expectations, same-store sales for the Urban Outfitters brand that were open for at least a year fell 9.3%, compared to analysts’ forecasts of an 8.3% decline. At the same time, comparable retail sales at both Free People and Anthropologie brands rose about 7%. Overall same store sales rose 2% for the quarter, but this was below the market expectations of 3%, according to FactSet. Trade CFDs on Urban Outfitters: https://bit.ly/4cvIpZ2 59% of retail CFD accounts lose money.

Transforming chaos into captivating displays is what our Reps do best—they're the ultimate advocates for your brand in stores. Take our Brand Rep Christy, for example. When she arrived at this store, the display was in disarray—the fixtures had been knocked over, spaces were empty, and it failed to showcase the brand’s unique models. She immediately took action, bringing nearly 70 new and underrepresented frames from backstock to the sales floor. This wasn’t just restocking; it was a thoughtful representation of everything the brand has to offer–from new frames to seasonal collections. And those frames directly translated into sales—she assisted with two purchases just while restocking! Selling products, especially in the competitive world of designer eyewear, is no easy feat with so many options available. Don’t leave your sales to chance. With Brand Reps, your displays become full, dynamic, and irresistible to customers–that’s the type of impact that counts. Ready to elevate your displays? Schedule a demo with us today to learn more! #retailing #fashionretail #merchandising

ELF Whoa Glow Skin Care Shelf-Top Merchandising Pitches Wait Queue … @FixturesCloseUp #FixturesCloseUp #StoreFixtures #RetailFixtures #StoreDisplays #RetailMerchandising #RetailOutfitting #Shopfitting #StoreSupplies #VisualMerchandising #PointOfPurchase #POP #PointOfPurchaseDisplay @OldNavy #OldNavy @elfcosmetics #elfcosmetics #Cosmetics 

Luxury is stalling, however Prada Group's MIU MIU continues to outpace the market, with sales up 93% in H1, as stated by Vogue Business. So what lies behind their success strategy? From being the ultimate trendsetter to best leveraging its iconic pieces by relaunching them in multiple styles and fabrics, we're decoding how the brand has optimized positioning and continues to lead the way in luxury fashion. 🔗 https://lnkd.in/ehxtEWQz Check out how Retviews ' real-time retail intelligence allows brands to stay ahead of market shifts and monitor competitors' strategies efficiently, in order to make better, data-driven decisions. #merchandising #fashiontech #retailtech #miumiu #prada #merchandiser #buying #fashionAI

Fun fact. Accessories were a big part of my merchant life. I started my career designing bags and luggage. A year later, I started my buying career at Holt Renfrew in soft accessories. I moved on to buy apparel and accessories at Caban, a division of Club Monaco. A few years later, I took my experience to SAAN stores, an off-price retailer, were I bought hosiery and soft accessories. Accessories was such a fun category to buy because the distinction between core/seasonless styles and fashion was very clear in planning the assortment. Today, seasonless styles like basic white tube socks have moved into the fashion bucket. And I am certain that merch/planners are minting a profit on this trend. Low cost + high margins = cash cow. I spoke with Lexy Lebsack of Glossy on #sockgate and why brands/retailers should be paying attention. 🧦 Check out the article here: https://lnkd.in/efPa33PA #retail #retailnews #fashion #merchandising #trends #glossy #TheMerchantLife #TRE

HOURGLASS X Barneys New York Soho, New York Fashion District Peter Som X HOURGLASS X Barneys New York I had a wonderful time attending this Pop-up experience with Peter Som. According to Mitchell & Balabanis (2021), these authors suggests that it has long been recognized that retailers create an image or reputation in the minds of consumers; something originally referred to as ‘the way as the store is defined in the customer’s mind” (Martineau, 1958). To the extent that retailers provide a brand experience and communicate with consumers, they develop associations about what it means to shop at a particular store and what that store might stand for. Since then, when the notion of brand image is applied to retailers, the retailer brand has often been referred to as the store image which is the overall consumer perceptions towards that store (Zimmer and Golden, 1988). As Ailawadi and Keller (2004, p340) put it in their Journal of Retailing article, ‘Even though there has not been much academic research on retail branding per se, a lot of work has been done on retailer actions and consumer perceptions of retailer image that has direct relevance to branding”. They suggest, this generally entails taking store image as a proxy for retailer brand image. #hourglass #barneysnewyork #designerpetersom #sohonyc #nycfashiondistrict

My mad rules of fashion merchandising. There is something called cover or weeks cover in fashion merchandising. Broadly it's when you look at the average rate of sale (the number of units you sell per week or month) and then forecast based on the stock you have and how many weeks cover/stock you have. Really quite useful for re ordering and pre ordering, when factoring in the average repeat lead time (how long it takes to make) of the product. At Neem London we do things a little differently. I've generally driven merchandisers mad all my my life, and for that Meg Macmillan Julian Slim Myfanwy Cook and many many others, I'm sorry! I don't believe in cover - in fact we change prices and increase them as we run out, before we add pre order (if we do so). My reasons are that cover panics you into markdown and discounting, needed if there is a cash flow challenge (keep fixed cost down in a start up!) and there might be many other reasons behind high cover. My other lunacies around merchandising are Increase prices as stocks run short Drive pre order - it forces one to one customer service (although I need help with automanting that) which leads to conversations Rate of sale is a guide not a rule Average lead times are just that - only an average - embrace that Net margin is always what matters Markdowns need to be given the same attention as an increase in cost prices Any others we need to challenge? Slow fashion is the future! We are Neem London #slowfashion #merchandising #sustainablestartup

Take a white shirt, put it in a dollar store, and you will question the quality put it in a department store and you will give it more value, put it in a high-end boutique and you will think it's expensive - because our perception of a high-end store is the perception of quality even if it's the same shirt. Here's a truth, many clothing brands share the same manufacturer, and sometimes we pay for the brand name, sometimes we deal with perception. A $80 Tshirt cannot be sold at a dollar store and a $5 shirt cannot be sold at a high-end boutique, even if it was made by the same manufacturer. #itsallperception #pricingstrategy #location