Remove Fashion Remove Markdowns Remove Planning Remove Shipping
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What are Retail Markdowns?

Wiser

Altering your price, particularly through markdowns, can be a smart strategy, but only if done correctly. Unsuccessful or excessive markdowns can lead to staggering losses in terms of missed revenue and a lower margin on your goods. What are Retail Markdowns? How to Implement a Markdown Strategy. Don’t believe us?

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Meet Lindsay Nicholas, the fashion designer bringing NY edge to Melbourne

Inside Retail

New York fashion designer Lindsay Nicholas started her business seven years ago as a side hustle while working in marketing in Singapore. Here, we chat with Nicholas about what sets the New York fashion scene apart, how her business fared in Covid, and why she’s committed to physical retail. What brought you to Melbourne?

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More recessions lessons from Greenlit Brands, Camilla, Super Retail

Inside Retail

Some of these retailers have gotten into trouble because they foresaw the challenges of the supply chain – the shortage of containers and container ships – and they overspeculated on their inventory, which is just a gamble. Laura Inman, non-executive director at Super Retail Group and chair of Melbourne Fashion Festival. Launa Inman.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. After Forever 21 opened its first store in 1984 in the United States fast fashion started to gain in popularity. In the 2000s the internet met fast fashion, and a slew of new competitors began to emerge.

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4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

Maintaining margins within business constraints while efficiently providing order fulfillment to customers is a tall order, especially considering each customer purchase requires a real-time fulfillment decision within a shifting context of inventory, demand, returns, delivery times, and shipping costs. That’s the billion dollar question.

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The Merchandise Planning balancing act has never been more tippy

Inside Retail

An increase in volatility in any one of these variables would be troublesome for a retailer, but when all six are in play it makes for a perfect planning storm. For discretionary retailers – fashion, homewares, sporting goods and the like – the balancing act is harder. Merchandise Planning – the hardest job in the business.

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Retailers: Leverage AI For A Greener Planet And Greener Financial Statements

Retalon

While optimizing a retail supply chain for efficiency and reduction of waste requires careful planning and consideration, machine learning and predictive analytics technology have changed the rules of the game. In a 2018 report , Gartner, Inc. The Retail Sustainability Problem. billion metric tons a year by 2030.”