Remove Accounting Remove Apparel Remove Markdowns Remove Promotions
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New Slate of Google Tools Aims to Help Holiday Bargain Hunters

Retail TouchPoints

The general Deals page features promotions and markdowns in a range of top holiday categories — including apparel, electronics, toys and beauty — from a wide variety of merchants, ranging from big-box stores and multi-brand retailers to DTC brands and local stores.

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Adobe: Consumers Will Spend More Online in First 10 Months of 2021 than All of 2019

Retail TouchPoints

Ecommerce accounts for roughly $1 of every $5 spent by consumers (up from $1 of every $6 spent in 2017). The apparel category saw particularly marked price hikes in both July (up 15.26% ) and August (up 15.52% ), two months in which apparel prices typically drop amidst summer markdowns and back-to-school promotions.

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Open to Buy Retail Planning Done Right

Retalon

One way that OTB funds can be managed is by categories, such as women’s wear in the apparel department. At home, the gift budget may need to be significantly higher in December than in January to account for holidays. Decide at which level the budget will be set. OTB is a company budget segmented into smaller pieces.

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Open to Buy Retail Planning Done Right

Retalon

One way that OTB funds can be managed is by categories, such as women’s wear in the apparel department. At home, the gift budget may need to be significantly higher in December than in January to account for holidays. Decide at which level the budget will be set. OTB is a company budget segmented into smaller pieces.

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How Data Analytics is Saving the Fashion Industry (2020)

Retalon

Fashion and apparel retailers are also dealing with distribution of sizes, colors, and styles, all of which are complicated further by shifting seasonality. Often resulting in inventory distortion that lead to lost sales and costly markdowns. Imagine a retailer runs a big promotion on a popular winter jacket brand.

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Realizing the Potential Business-Specific Analytics in Fashion Retail (2021)

Retalon

Destination resorts that run gift shops must account for occupation rates in their hotels as well as weather. . What channels do you promote through? Do you run promotions? Run a promotion last year that you don’t plan for this year? For instance, . What are your customer profiles? What channels do you sell through?

Fashion 41
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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

It was easy for Forever 21 to capture the hearts and minds of young consumers looking for trendy apparel. Commenting on the growth of Shein TechCrunch wrote : “[Shein] manufactures in China as many apparel retailers do. If you can’t move all of the inventory then markdowns are required which eats into sales per sq.