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The importance of Black Friday and Christmas as annual sales peaks grows each year, making or breaking success for fashion retailers and brands. But is there a need to consider other periods in your forecasting to be able to maximise on customer demand?
Clipper Logistics’ chief commercial officer Carl Moore believes successfully analysing supply chain data can provide valuable insight to improve customer experience and reduce returns.
Finding, developing and retaining the best talent is vital to delivering growth and should be a key priority for all businesses.
Currency or foreign exchange (FX) hedging is a financial tool that businesses can use to help protect against the negative impacts of exchange rate fluctuations if they buy or sell in multiple currencies.
A bumper peak trading period can often be dampened by a flurry of festive returns come January. How can businesses best prepare to tackle them?
When considering entering a new market, businesses first need to consider exactly why expanding into a new country is the best course of action for them. Some enter markets on a purely opportunistic basis rather than first developing a fully formed strategy, according to KMPG’s UK head of retail Paul Martin.
A new report from New West End Company and Springwise considers the shape of retail in the next decade. Drapers brought together retailers to debate how the industry can redefine itself.
The first step is understanding your customer. The way consumers shop is evolving, and shoppers are increasingly adopting a “buy now, return later” approach. Using our homes in the same way we use store changing rooms has become more prevalent – customers view their homes as fitting rooms, and therefore expect the end-to-end service a retailer provides to be as quick and easy as possible.
Our new report lists the founders challenging the status quo.
High-footfall locations would seem to guarantee higher turnover, but also command higher rents.
How do you forecast stock buying? And how does this vary with the type of product – for instance, with an expensive, ethical inventory?
Could there be an opportunity for small businesses to partner with larger companies to help drive sustainability? A recurring problem with small businesses is that they cannot command the volume to leverage the expense of investing in a total sustainability strategy.
We manufacture in-house - what resources are there available to help us?
How do we scale up from 100% organic marketing to paying for it, on a tight budget?
As a small business we need the flexibility of using designers with different handwriting. Which forum is best to use to access these?
Fast fashion has driven a throwaway culture that can also lead to a “buy a load and return most” mindset, and expectations around speed and cost that can be challenging. What is the best way for small businesses to manage this, and can they play a part in re-educating customers to make more careful fashion choices?
How do I go about building a strong team? What is the best strategy and where should I be looking?
Are there companies or individuals that do freelance investigations for key sourcing projects?
What packaging is best to use if we are seeking to improve sustainabilty in the supply chain?
Fast fashion has changed the retail landscape over the last 10 years. What is the next significant shift in fashion retail?
In a company’s infancy what are the absolute fundamentals to cover off? There is a lot of online scaremongering for early-stage companies, when funds are crucial. So where should you invest?
Our new report, Growth in a Changing Economy, explores how fashion brands and retailers can achieve growth in an uncertain climate.
Our new portal focuses on answering the questions brands and retailers want answered.
The Connected Consumer – Drapers’ multichannel customer insight report – shines a light on how fashion shoppers are using mobile, social and store shopping.
Drapers has collaborated with Raconteur on a new report, the Fashion Economy, published in The Times today.
Our webcast explored how brands are using analytics and automation to increase profit.
Between them, Generation Z and millennials – broadly, shoppers in their late teens, twenties and thirties – attract endless attention, and represent fashion’s consumers of both the present and future.
It’s not just a buzzword – artificial intelligence is changing how retailers do business in tangible ways. In our new report, we speak to some of the retailers using the technology about how AI is changing things for them.
Drapers’ multichannel trends report explores the most important trends in cross channel retail this year. Download it here for interviews with River Island, M&S, Mango and more.
Until recently, technology and fashion and may not have seemed natural bedfellows, and yet today, from design to marketing, from production to distribution, technology is influencing every facet of our industry.
Drapers, in partnership with Ebay, provides a quarterly snapshot of data on online fashion retail’s KPIs and trends.