💡 Why Selling Premium Fashion Brands Achieves Better ROI In the competitive world of fashion retail, selling premium brands can significantly boost your return on investment (ROI). Here’s why: 1️⃣ Higher Margins: Premium brands command higher prices, allowing for better profit margins. Customers are willing to pay more for quality, style, and prestige. 2️⃣ Customer Loyalty: Shoppers who invest in premium brands are often more loyal. They value quality and exclusivity, leading to repeat purchases and long-term relationships. 3️⃣ Brand Perception: Associating your store with high-end brands elevates your brand image. This attracts discerning customers and sets you apart from competitors. At Take Off, we specialize in connecting you with the best European fashion brands, ensuring that you maximize your ROI while offering unmatched quality and style to your customers. #FashionRetail #PremiumBrands #RetailSuccess
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Fashion Leader & Consultant | Fractional VP of Design & Development | Expert in Trend Analysis, Design & Development | Elevating Brands with Proven Experience at Top Companies | Passionate Leader & Mentor
How does Fashion Merchandising impact Consumer Behavior? Uncover the strategies that transform shoppers into loyal customers. Delve into the insights and learn how to apply these tactics to your brand. #FashionMerchandising #ConsumerBehavior #FashionStrategy #RetailTips #BrandBuilding #FashionConsulting #ElleAndReid #FashionInsights #ShopperPsychology #FashionBusiness Read more here:
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Careful assortment planning is important to strike a balance in your range offering between the ‘trendy’ pieces that are the must haves of the moments and the key and regular pieces that are form the foundations of any wardrobe.. Build your range with key price points to cater to different customer segments. It isn’t just about variety; it’s about maximizing your range’s overall appeal and sales potential. This requires a strategic approach to ensure that your ranges or collections resonate with your target consumers and meets the sales and financial goals of the business. Learn Fashion Buying Skills from Concept to Consumer www.thriveinfashion.com #TheDesignDirective #fashionbusinessadvice #thriveinfashion #fashionbuyer #fashionstrategy #LearnAndGrow #PassionForLearning #ProfessionalDevelopment #FashionBuying #OnlineCourse #FashionCareer
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Merchandising & Ecommerce Leader | Brand Builder | Retail Buyer | Merchant | Category Manager | Plus Size Fashion Advocate | Sports Enthusiast
Merchandising 101 Fashion Pyramid The baseline for building any assortment regardless of category. Trend – Fashion – Core Trend: ▪️Your opportunity to use a portion of your receipts to take risks or go after something that is highly talked about and not covered in your preplanned assortment. ▪️Test ▪️Smallest portion of your receipts Fashion: ▪️Styles that cover trends in meaningful ways ▪️Build a compelling presentation based on what you know she’s going to love Core: ▪️Margin drivers ▪️UPT drivers - add on items ▪️These don’t necessarily have to be overly basic – what’s that little special feature that makes her want to buy it from you and buy it in multiple colors? *It’s important to note that penetrations by bucket will vary depending on the category* How do you anticipate this changing as enhanced technology helps with speed-to-market? What would you add? #merchandising101 #buying #fashionpyramid #assortmentplanning
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Solving Fashion’s $163 Billion Buying and Sizing Inaccuracy Problem In the highly competitive fashion industry, brands and retailers face an increasing challenge: accurately forecasting the styles, colors, and sizes that consumers will purchase. This problem becomes even more pronounced given the industry'... https://lnkd.in/dtTaJpU9
Solving Fashion’s $163 Billion Buying and Sizing Inaccuracy Problem
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🌟Check out how Expertiqo transformed an 👗 online fashion boutique resulted in Enhanced User Experience, Improved Performance & Efficient Inventory Management. Read more 👉 https://zurl.co/28H7 #ecommerce #retail #shopify #portfolio #successstory #expertiqo
Online Fashion Boutique - Expertiqo
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Online luxury fashion retailers have been experiencing losses, and they all face the same challenges: How do you move inventory of a product with ephemeral value without destroying the perceived value of the brand? How do high-end brands differentiate their products and communicate product quality to customers effectively when the online environment removes several physical indicators? Billions have been lost in the effort to square these circles, and the conventional wisdom now is that low-margin online sales are a very different business than high-margin fashion. This article suggests that the application of the multichannel descending (or Dutch) auction method used by FloraHolland , operator of the world’s largest wholesale flower market , could give the online fashion platforms another chance.
What Luxury Fashion Can Learn from the Wholesale Flower Market
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"📣Next to take on Flannels with new upmarket fashion website Seasons 🛍️💻. Next is all set to launch a new premium branded fashion website, Seasons, as it seeks to build on the success of its Reiss acquisition 📈💰. For more info 🧐, visit databoutique.com as the largest source for public data that helps understand the news in retail 📊📰. #NextPlc #FashionRetail #Ecommerce #Seasons" by Retail Gazette
Next to take on Flannels with new upmarket fashion website Seasons Next is to launch a new premium branded fashion website, Seasons, as it seeks to build on the success of its Reiss acquisition.
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🚀 What can luxury fashion learn from the wholesale flower market? 💡 Luxury fashion faces challenges in moving inventory without harming brand value. The Dutch auction model, famously used in the flower market, offers a solution. With presales to signal quality and dynamic price drops to clear stock, this method has helped brands like StockX and Vestiaire Collective thrive. Could this model reshape fashion’s future? At InstantReplay, we’re exploring innovative retail solutions to enhance brand value and customer experience. 🌱 #FashionTech #RetailInnovation #Sustainability #instantreplay Read more here: https://lnkd.in/ertPJAsg
What Luxury Fashion Can Learn from the Wholesale Flower Market
hbr.org
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𝐔𝐧𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐅𝐚𝐬𝐡𝐢𝐨𝐧 𝐖𝐞𝐞𝐤'𝐬 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐧 𝐂𝐥𝐨𝐭𝐡𝐢𝐧𝐠 𝐒𝐚𝐥𝐞𝐬 💯 #Fashion #Week isn't just about runway glam, it's a pivotal moment for #clothing #sales. Dive into our latest blog post to discover how Fashion Week influences consumer behaviour and drives clothing sales. In this article, you'll learn: 🥿 𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐓𝐫𝐞𝐧𝐝𝐬: Explore how Fashion Week sets the stage for new trends and shapes consumer preferences in the fashion industry. 🚀 𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬: Discover strategies for leveraging Fashion Week to enhance marketing efforts and boost brand visibility. 📈 𝐌𝐚𝐱𝐢𝐦𝐢𝐬𝐢𝐧𝐠 𝐒𝐚𝐥𝐞𝐬: Learn how retailers can capitalise on the buzz surrounding Fashion Week to drive sales both online and in-store. Read the full article ➡️ https://hubs.li/Q02kRLKy0 #FashionWeek #ClothingSales #RetailStrategy #FashionIndustry #TrendForecasting #KIVALUE
Unveiling the Impact: How Fashion Week Influences Clothing Sales
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