Schlagwort-Archiv: KPI

Brand distribution 2020: Wholesale is the new retail

2014 began with a surprising bulletin from New York’s Ralph Lauren: “Net revenues for the full year 2013 increased 7% … wholesale revenues up 11% …”. Did any other fashion brand recently achieve more wholesale growth than retail growth? Has our long-time favourite for best practice growth strategy, finally lost it? Or is RL leading […]

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Bow Power: Our retail service KPI of the year

Customer service is visible and measurable, at least in Japan’s retail sector. The country has been known for its service culture for many years, and its retail salespeople stand out compared to their counterparts in other countries. Yes, department stores are dying here too, and retailers have needed to cut costs. But customer service continues […]

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Rohertrags-Alarm!

Schwere Ausgangssituation – Währungsturbulenzen als weitere Herausforderung Die aktuelle Euro-Schwäche trifft den Mode-Handel in einer bereits angespannten Situation: Frequenz geht nachhaltig zurück, Umsatz stagniert, die Läger sind voll, hohe Abschriften. Die Beschaffung kämpft mit steigenden Kosten, insbesondere aus China und anspruchsvollen Verlagerungen – bei denen Komplexität und Risiko steigen. Und jetzt auch noch über 15% […]

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Outlet Survival KPI

€10k/m² sales performance is benchmark for the majority of European brands. With this performance the majority of shopping centre manager would offer their best centre locations – if the centre is downtown! Due to the outlet shopping boom and limited space availability more often €10k/m² are just not good enough to let you stay in […]

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Beschaffungs-KPI: Lieferanten-Sättigungsgrad

Die KPI beschreibt den Auslastungsgrad von Bekleidungsproduzenten vornehmlich in Asien, durch den betreffenden Kunden. Ein großer vertikaler Bekleidungshändler nutzt diese KPI zur Verhandlung und Steuerung seines Lieferanten-Portfolios. Es ist das Ziel, die Kern-Lieferanten mit ca. 35-45% ihrer Monats-Kapazität auszulasten. Bei der Vorbereitung von Verhandlungen spricht man daher von „hungrigen“ oder „satten“ Lieferanten, je nachdem wie […]

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Conversion Rates in Saudi Arabia are 5 days late

It is common retail sense conversion rates vary, from location to location. A store in a train station, with mainly commuters in a rushing „need-to shop-mode“, likely has higher conversion rates (CR) than the same store at an airport, with mainly tourist in „waiting to board mode“. Good, if you know the „appropriate“ store KPI […]

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Engage Consumers to drive Store KPIs

There are many ways  to report inventory turns. As New York is a challenging retail place, retailers have to go special ways. Nygård’s Time Square store for example communicates stock turns on a live ticker (similar the NYStock Exchange) in the store window: „We sell a legging  every 45 sec“. Whatever the intended message, the […]

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Multichannel-KPI: „Aufreisser-Quote“

 Nicht was Sie eventuell meinen! Hier geht es um eine ganz seriöse und praktikable KPI eines Händlers, um seine Multichannel-Conversion zu messen. Kunden – die bei Bestellung „Abholung Filiale“ angeben – haben 7 Tage Zeit, die Ware dort abzuholen. Die Kennzahl „Aufreisser-Quote“ misst die Anzahl der nicht abgeholten Online-Bestellungen in den Filialen. Es ist somit […]

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Conversion Rates can be too high

A European brand retail director reported a 42% L4L improvement for its Regent Street flagship in spring of 2013. Improvements came after a store redevelopment. Still, he wasn´t happy: The store’s conversion rate is 30%, too high to him, indicating that the new windows didn´t create enough attention and footfall. Today the manager is executive […]

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KPI Innovation Mileage

2011 the CEO of a German top fashion brand presented at a conference that his trend scouts and designers fly 2,000,000 miles p.a. to ensure the new collection is up-to-date. It turned out, the KPI didn’t help too much to rejuvenate the brand: the CEO had to leave a year later and for what is […]

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Retail KPI Thought – Dress for Less

When planning the opening of a new hometown mega-outlet in 2010, the brand’s store development team sketched a store development concept, including 147 window & store mannequins. We calculated dressing and changing of mannequins will require 1.85 FTE p.a. and challenged the plan. Weeks later a majority of window mannequins spent the winter in the […]

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Missed Sales

In 2009 an upmarket German women’s wear specialty retailer found out 73% of its customers were not offered a second item when carrying their purchases to the cashier. From those that got an offer, 79% bought a second item. 2012 the retailer launched a sales performance program addressing conversion rate & UPT. We look forward […]

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Retail KPI Thought – Process Efficiency

Karl Lagerfeld invests about 3 hours of style approval time before bringing a piece of the new collection to Chanel’s catwalk. We tracked about the same investment in style approval at a large European fashion discounter in spring of 2013. Being cheap and simple can be complicated at times, or is Lagerfeld rather highly efficient? […]

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