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Myers Briggs test

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From Nanushka website I found out more about their concept and ideas.

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Excel spread sheet of City Functionalism collection range

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Excel spread sheet of City Functionalism collection range

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Copy of L4 T2 PROJECT 3 LINE DETAIL Range Plan with VAT (5) (1)

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Dear Supplier, Thank you for notifying me about the delayed swimwear program. As I know from my critical path our deliveries should be at the dock to be shipped from China in 2 weeks time. I'm expecting 10 styles to 

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Edited secondary research for comp shop about denim, comparing Arket with Cos, Uniqlo and Massimo dutti

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Here is sustainability report 2022 that Uniqlo has made, It gives more insight in what is happening in the business, new product development concept called ''Made for all'' and aims to achieve it by respecting the diversity of our world.

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Our many initiatives designed to create a good future for our planet, society, and people are introduced in one neat report.The Fast Retailing Sustainability Report's website is updated once a year.Please take a look at the latest articles on here.

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Here I have looked at Arket sustainability initiatives and strategy, as well as sourcing and materials they use to be more ethical.

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Here I have looked at Cos sustainability initiatives.

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I adding this article from WGSN as it is related to my trend

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I adding this article from WGSN as it is related to my trend

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I have added this article from WGSN as its is related to #businesscasual trend

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I have added this article from WGSN as its is related to #businesscasual trend

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edited research

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Looking at Edited article I found out that some companies are taking actions by looking into fast fashion overconscientious problems and dealing with this problem by offering recycling program and sharing a break down of organic cotton benefits and positive outcomes.

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New sustainable beauty alternatives in the market from Chanel, P&G beauty and Diptyque.

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Edited comparison of 100% leather goods and animal-free alternatives as cheaper competitors statistics. 

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Edited comparison of 100% leather goods and animal-free alternatives as cheaper competitors statistics. 

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Article from Edited of fashion sustainability research.

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Primary research for competitors of Net-a-porter

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Primary research of Net-a-porter competitor - Dever street market

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Primary research of Net-a-porter competitor - Dever street market

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Luxury fashion markets are making a major changes in the way multi-brand retailers may operate in the future. For example, BOF says that Prada, like many luxury brands, has spent the last few years shifting its distribution strategy to drive a majority of sales via direct-to-consumer channels, a model that offers higher margins and more control than traditional wholesale. Today, 90% of its sales are direct. Other multi-brand retailers have recently announced intentions to back away from wholesale as well. American department store Nordstorm, which has experimented with concessions and drop shipping for years, said that it was aiming to reduce its dependence on wholesale to 50%, down from 85%.

This can affect net-a porter retailers profits and cost rise of logistics and shipping, but the benefits of this switch is that there will be a far less financial risk for the retailer and they wont need to invest upfront in inventory that they are not sure they will be able to sell at full price. Stores will need to sell pore products to generate the same revenue for net-a-porter.

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Luxury e-commerce site Net-a-Porter, part of the Richemont-owned YNAP Group, has brokered an unconventional deal with Prada S.p.A. that signals major change in the way multi-brand retailers may operate in the future.

Prada, like many luxury brands, has spent the last few years shifting its distribution strategy to drive a majority of sales via direct-to-consumer channels, a model that offers higher margins and more control than traditional wholesale. Today, 90 percent of its sales are direct.

At first, the group restricted what regions of the world its e-commerce partners could sell products from Prada and sister label Miu Miu. Now, in order to keep Prada and Miu Miu on its site, Net-a-Porter will sell their goods via a drop-ship model, according to sources. This means that Prada owns and controls the inventory. Typically, Net-a-Porter buys and holds inventory, marking it up by a factor of 2.2 to 2.5 to generate a profit. Now, Net-a-Porter will simply earn a commission on any Prada or Miu Miu items sold through the site, though further details on the agreement could not be learned. (Typically, retailers receive a commission between 20 and 30 percent for such arrangements, although in-demand brands have the upperhand on negotiations.)

A spokesperson for Prada declined to comment. YNAP did not respond to a request for comment.

This approach could be replicated with other brands in a strategy shift being overseen by Net-a-Porter's new chief executive Geoffroy Lefebvre, a longtime Richemont employee who most recently led digital distribution at the group before succeeding Federico Marchetti in January 2021.

The model reflects not only shifting sales strategies at luxury brands, but also the success of competitor Farfetch, which incorporated "e-concession" - or brand-run shop-in-shops - into its marketplace in order to bring major names, including Gucci and Moncler, onto the platform. (In Farfetch's first iteration, brands were only sold through third-party retailers, not directly by the label.)

Other multi-brand retailers have recently announced intentions to back away from wholesale as well. American department store Nordstorm, which has experimented with concessions and drop shipping for years, said that it was aiming to reduce its dependence on wholesale to 50 percent, down from 85 percent.

Wholesale will still exist, but it's evolving quickly.

The benefits of these new types of arrangements are clear. Not only does the flexibility make luxury brands happy, but there is far less financial risk for the retailer. No longer do they have to invest upfront in inventory that they are not sure they will be able to sell at full price - if at all.

"The risk of carrying inventory and markdowns is so great," said Robert Burke, a retail advisor. "This gives certain flexibility to the retailer but also offers more control for the brand ... Wholesale will still exist, but it's evolving quickly."

The marketplace model requires significant scale to succeed, however. Because the margins are far lower - instead of making 50 percent profit, it's often only 20 to 30 percent - a store needs to sell far more product in order to generate the same revenue. The costs of logistics and shipping may also rise.

Farfetch and other marketplaces have baked this into their models from the start. For traditional retailers, however, reverse engineering their approach may be trickier.

"In the end, it may be worth the trade off," Burke said. However, to make this new hybrid model work, retailers will need to balance broadening their offering with maintaining a strong point of view, something many have struggled with in recent years while prioritising growth.

"Part of the risk here is that more or bigger is not necessarily better," he added. "The whole purpose of a specialty store or department store is to have a point of view. Without that, what's the reason for being?"

Related Articles:
DTC vs Wholesale: Striking the Right Balance Are Online Marketplaces the New Department Stores? Why Is Everyone Betting on Farfetch?

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Is Net-a-Porter's Unconventional Prada Deal the Future of Wholesale?

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Luxury e-commerce site Net-a-Porter, part of the Richemont-owned YNAP Group, has brokered an unconventional deal with Prada S.p.A. that signals major change in the way multi-brand retailers may operate in the future. Prada, like many luxury brands, has spent the last few years shifting its distribution strategy to drive a majority of sales via direct-to-consumer channels, a model that offers higher margins and more control than traditional wholesale.