Blog

Westminster Library - Pricing workshop

REAL FACT

Did you know that 1/3 of all the start-ups or young designers projects we see are having pricing and margin issues?

Those issues are greatly affecting the dream, the project and the goals you have for the Brand or Retail business.
It means you cannot turn it into a profitable business venture and you give the wrong signals to potential Clients and partners.

Come and join us at our next PRICING & MARGIN Workshop delivered at Westminster Library on February 20th.
Speaker - Thierry Bayle - Founder of Global Fashion Management & London Fashion Business Academy and Co-founder CEO Mentoring.

Fashion USA Workshop - Benefits you can expect

Learn how to Sell Your Fashion Brand in the USA
GIVE YOUR USA BUSINESS SOME VA-VA-VOOM WITH OUR WORKSHOP!

If you are planning to sell your fashion brand in the US (or are already selling there but with limited success), our unique workshop will take you through the detailed preparation process for setting up a successful business in the US.

The workshop is highly interactive and has been designed to make your learning curve as short as possible.
It is available as a webinar, live in London (and other worldwide destinations - call or email for more details) and it can also be delivered at your office

It will enable you to:

Time Management & great quotes

What will break or make your business succeed is time and priority management.
How do you rate yourself?
Do you regularly procrastinate tasks which are important in the business?
Do you just focus on the easy ones?
Do you only focus on the ones you love doing or those which are urgent but not important?

Let's check what other Business people say about Time Management and let's review some other great quotes from business leaders or successful people ...

Douglas Reid - Xerox Corp
"Management has the responsibility to explain to the employee how the routine job contributes to the business's objective. If management cannot explain the value of the job, then it should be eliminated and the employee reassigned."

Anthony Robbins- Motivational Speaker
"If you do what you've always done, you'll get what you 've always gotten."

Richard Branson - Founder Virgin Group
“One of my favorite tricks is to conduct most of my meetings standing up. I find it to be a much quicker way of getting down to business, making a decision and sealing the deal. When given the opportunity I often like to take things a step further – literally, with a walking meeting.”
“I think the number one thing that I take with me when I’m traveling is the notebook… I could never have built the Virgin Group into the size it is without those few bits of paper.” “If you have a thought but don’t write it down, by the next morning it may be gone forever.”

Read those from Warren Buffet, Malcolm Forbes ...

The Art and Science of Buying

In light of what has happened on the High Street with BHS, it is important to re-emphasise that we are having a key retail asset which is not taken care of.

At BHS Limited from 2010 to 2014, sales went down 15% and stock went up by 50%.
Is that normal?

What is the issue faced by many retailers from large chain stores to independent retailers: Buying!

As you are placing orders for the SS or AW season, you must be having the following 2 questions in mind:

How can I make this buying process easier?
How can I maximise my profits on the stock I am buying – which is my number 1 asset?

Let’s focus on 2 key elements which will help you put more £ / € or $ in your pocket. Guaranteed!
You have the art of buying and you know what to buy, you now need to have the science part of buying which is “how much to buy” and “when to bring it in”.
Answering those questions as accurately as possible will put you ahead of your competitors and increase revenue while reducing stock.
So, what do you need to do to achieve better results when managing your stock?

MAGIC, Coterie, D&A, Playtime, Curve, MRket, Capsule

SHOW TIME!

As many Brands are facing more competition locally (or struggling how to handle the Brexit), they are contemplating investing in the USA.

Have you already interviewed 10 Brands to understand what are the opportunities and mostly what are the challenges?
If not, then do it BEFORE you invest and before you take an agent or exhibit at a trade show in the USA.

Our clients have appreciated learning in less than 4 hours over 90% of the mistakes their competition is doing when heading to the United States.

The saving is huge. If you have any doubt, give us a call or email us.

Here are some of the topics you need to review.... (each one is about increasing sales by 10 to 300% or saving hundreds or thousands of dollars)

#GFM Challenge - How to win in 2019 - JUST READ

TO YOU, YOUR FAMILY AND THE TEAM,
HAPPY, HEALTHY & PROSPEROUS NEW YEAR 2019.

In 2018, many Brands and Retailers we talked to have been complaining that, too often,  they had been receiving the wrong advice.

As the industry is becoming more complex and unpredictable ...
As nobody knows it all and sometimes we don't know what we don't know...

The question is:
Where can we find somebody we can trust?

This is where the #GFMChallenge is going to be your solution to beat the competition and grow in 2019.

Check the video or call us/ email us.

Everything you have been told about the USA is a lie!

If you do not prepare yourself to critical thinking inside the business, this is a real risk you will be disappointed.

How do you prepare your Brand, your staff and your business to this eventuality?
What is at risk?

Investing for 2/3 trade shows in the USA with little or no results!
Investing in a sales rep(s) or distributor and generating little or no sales!

What is the new role of the Sales person in a store in 2019?

Do forgive us if this article remains in French. Looking to know more? Call or email us. 
Let's make sure we meet at Who's Next (January & September sessions) to discuss your Retail business and/or Brand. 
.

The Founder of GFM is acting as Retail Expert at Fashion Solutions / Retail Expert Club at Who's Next.

WHOS NEXT is THE International Trade Show offring Buyers and Exhibitors the opportunity to gain business insight for free by working alongside Retail/Brand Experts.

Before our meeting, discover our business insight on what should be 

the new role of the sales person in your store in 2019 (and beyond)!

LiveZilla Live Chat Software