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Unlike other retail sectors, the nature of fashion makes a robot takeover impossible, argues Victoria Nightingale, retail and consumer partner at executive search firm Bailey Montagu.
Entries are now open for the Drapers Digital Awards, part of the Digital Festival 2020. We have 15 categories up for grabs, so make sure you enter your business now!
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John Boumphrey, vice-president of Amazon Fashion Europe, plans to make the ecommerce giant “customers’ most-loved fashion destination”
Entries are now open for the Drapers Footwear Awards 2020. We have 18 exciting categories up for grabs, so make sure you enter your business now!
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When London designer Ricky Wesley Harriott launched his womenswear brand in 2016, he had no idea that US singer Lady Gaga would be sporting Wesley Harriott designs just one year later.
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As the rental fashion trends begins to take off, Drapers road tests four platforms offering consumers the chance to hire their wardrobes.
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Mary Portas stars in Save Our Shops documentary
Whilst the above is all ver worthy when written down, it is also very waffly and the writer doesn't seem to have any idea of the problems facing Indie retailers from avery sector over the past decade.
A skills course isn't going to save indie retail areas.
Lower rents (not valued against the Starbucks/Costa in the location) would help.
Indies work on much smaller margins. The gap between cost of product and sale price is far smaller than a chain competitor.
Therefore they cannot pay as high rent.....the rents being set by the big boys on the area.
To say that Sainsburies dominates because it invest in skills is a smokescreen. The big supermarkets dominate as they push suppliers to the bone, kill out any local competition..but that's OK, they invest in 'Skills' for their, predominantly, 4 hour contract, min wage staff.
Same with the chain clothing stores, many working on mark ups of X 5, X 6 or even more.
I haven't met a supplier who can supply an Indie boutique with a 6 times mark up.
29 June 2009
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