The Art and Science of A Fashion Range Plan
A range plan is one of the most important planning documents for a designer or merchandiser in fashion retail. It acts as a blueprint of a new collection and helps you set the overall direction of the collection. The range plan is in a variety of merchandising processes from product design and development, sales forecasting, […]
How to Perform Retail Markdowns
Retail markdowns are an inevitable process. Whether used as a promotional strategy or as a means of stock clearance, markdowns are vital to maintaining a balanced inventory. Crafting an Effective Retail Markdown Strategy Achieving a reduced profit margin is a small price to pay for an inventory overflowing with aged stock. In an ideal situation, […]
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