Macy's’ Post

Step into the evolving world of retail through the experiences of LIM alumni. The Nxt in Retail Speaker Series featured Daniella Sagliocca, Erin Sallee, and Marcel Smith, who shared their career journeys with brands like Tommy Hilfiger, The Home Depot, and Neiman Marcus. Their expertise in global buying, digital marketing, and sustainable merchandising offers valuable lessons for those entering the industry. The panel, moderated by Alan Spalter, CEO of Retail Assistance Corporation, covered key insights on building successful retail careers. Curious about their insights? Discover more about how LIM helps you prepare for the future of fashion and retail. Learn more about the event: https://lnkd.in/dNJ9ErAV #limcollege #retailcarers #event #alum #innovation #fashion #fashioncareers #business #november #fashionbusiness

I want to share a recent presentation I worked on with my teammates at USC. SSENSE is a Montreal-based luxury fashion retailer founded in 2003, known for its curated selection of high-end clothing and accessories. In this presentation, we analyzed one of SSENSE's biggest issues: its diminishing profit due to aggressive discount strategies. SSENSE's core value is its high discounts compared to competitors like Farfetch. However, these discounts have led to reduced profits, resulting in poor customer service, shipping and return experiences, and financial strains. Our team proposed a new strategy plan for SSENSE that includes ideas to address these issues. We recommend revising SSENSE's aggressive discount strategy by offering discounts only on popular products and implementing a dynamic discount strategy to create a sense of urgency for customers to purchase. Additionally, differentiation is essential for brands to stand out; therefore, creating a niche market for SSENSE is crucial. Let me know if you have any ideas!

It's easy to do what you know but never easy to disrupt the norm and take a new approach. Fortunately it's exciting. Last year the business embarked on a new and exciting strategy of international expansion through M&A, complimenting our existing approach of quick site launches across key European markets. Last month we took that a step further with the acquisition of Dress for Less in the German market. An important move operationally for the company as we expand our reach across key European territories but also from a branding perspective as we maintain the brand equity that has been developed over the years tapping into the salience that exists within market. Bringing Dress for Less customers access to over €3 billion worth of stock & access to some of the worlds leading brands it's certainly going to be a big and busy year ahead! https://lnkd.in/endVPn2P

The fashion retail landscape is abuzz with major moves, and staying informed is crucial. Here are some key takeaways from today's business section: 🛍️ Tapestry-Capri Holdings Limited Acquisition: The FTC's challenge to Tapestry Inc.'s takeover of Capri Holdings underscores the growing scrutiny of mega-mergers in the fashion industry. This development, reminiscent of Europe's LVMH challenges, signals a potential shift in the competitive landscape, impacting future deals and reshaping industry dynamics. 📱 ByteDance TikTok Shop Dilemma: Despite regulatory uncertainties surrounding TikTok, brands like Rare Beauty and Beachwaver Co. are doubling down on TikTok Shop, leveraging its social commerce potential. While opportunities abound, diversifying marketing channels remains essential to mitigate risks associated with regulatory changes. 💼 Frasers Group Strategic Move: Frasers Group's repurchase of MATCHES intellectual property assets highlights the evolving retail environment. As independent brands seek to recover from Matches' collapse, this strategic acquisition showcases the importance of adaptability and resilience in today's market. 🛒 Consumerism Trends: With the rise of ultra-cheap retailers like Shein, consumer culture shows no signs of slowing down. Despite sustainability concerns, affordability continues to drive purchasing decisions, shaping the competitive landscape for retailers. #RetailTrends #FashionIndustry #BusinessInsights #RetailStrategy

PRShots Retail Roundup – News from H&M, Kingfisher, Shoe Zone, Charlotte Tilbury, Sweaty Betty, Frasers, Miniso, Paige, Søstrene Grene and Swarovski. Plus, how to find new business insights on social media, how grocers are delivering the stores of the future & more https://lnkd.in/ePNrmWf Image: F&F #Retail #RetailNews #FashionNews #HomeNews #RetailBrandNews #RetailStrategy

𝗟𝗲𝘃𝗶 𝗦𝘁𝗿𝗮𝘂𝘀𝘀 𝗜𝘀 𝗦𝘁𝗿𝗲𝘁𝗰𝗵𝗶𝗻𝗴 𝗕𝗲𝘆𝗼𝗻𝗱 𝗪𝗵𝗼𝗹𝗲𝘀𝗮𝗹𝗲 𝗶𝗻 𝗦𝗲𝗮𝗿𝗰𝗵 𝗳𝗼𝗿 𝗡𝗲𝘄 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀 "The move [to sell directly to shoppers] from Levi Strauss makes sense, analysts said. While Levi’s overall sales dropped or were flat in three of the last four quarters, the direct-to-consumer business has been a bright spot, up 8% for the three-month period ended Feb. 25. It comes as other retailers, such as Ralph Lauren, Canada Goose and Hoka seller Deckers Outdoor, are prioritizing selling directly to consumers...The approach is a tradeoff. Retailers take on additional inventory risk and sink more capital into building and renting stores, but the upsides include potentially stronger margins, a closer connection to shoppers and more control over the brand" https://lnkd.in/epgpDCCt

Ralph Lauren (NYSE: RL) is strutting the runway with impressive financials and a solid growth strategy. From soaring revenue growth in Asia to digital transformation initiatives and a dividend yield that's making waves, RL is showing why it's more than just iconic polo shirts! At a forward P/E below the industry average, this stock might be the fashion-forward addition your portfolio needs. #EquityResearch #RalphLauren #LuxuryBrands #StockMarket #InvestingInStyle #PortfolioManagement #Buy #FinancialGrowth #InvestingForSuccess #DigitalTransformation #LuxuryLifestyle #MarketInsights #FinanceFun #Research #Consumer

“Premiumisation” will be a really interesting topic throughout retail in 2025, I feel. Brands that were historically mid-range, cultivating experiences and releasing ranges that are more akin to premium and luxury brands. Zara & H&M are really good examples of whereby this has been a focus for a little while, and their investments in real estate, store design, technology and their product range show that they have no intention of reverting. With premium and luxury shoppers becoming ever more cost-conscious, do you think we see a lot more of the mid-range brands offer more of a premium feel to their customers through the experiences and products on offer?

Exploring Zara’s Vertical Integration Strategy: A Key to Success in Fast Fashion 1. The Essence of Vertical Integration 2. Key Benefits of Vertical Integration 3. Challenges of Vertical Integration 4. Comparing Business Models 5. Real-World Examples of Success 6. Vertical integration drawbacks 7. Conclusion #VerticalIntegration #FashionIndustry #RetailInnovation #BusinessStrategy #FashionRetail #CostEfficiency #QualityManagement #FashionTrends #OperationalExcellence #GlobalExpansion #IndustryInsights #BusinessChallenges #FashionBusiness #BrandStrategy #FashionInnovation #IndustryLeadership #consumerbehaviour #behavioralinsights #marketing #growth #business

A good one for business strategy