Women Clothing Stores – It Is Also Among The Largest Industries Worldwide
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With brands ranging from Original Penguin to Diesel you’re sure to find the perfect fit in style and size for your casual contemporary wear at Uniform.
At Uniform you can find a selection of menswear, accessories and even skincare that is second to none.
Virtually, at Uniform not likely run of the mill menswear, and by all means not run of the mill sales personnel. Reminding you that shopping for men’s clothing can be fun. Basically the retail sector is the secondlargest industry in the United States, both in number of establishments and number of employees.
Overall retail sales account for twothirds of the nation’s economic activity, and the holiday season accounts for 20 40″ percent of tal retail sales.
So retail sector employs as pointed out by the NRF, despite 2003 was difficult.
It’s also among the largest industries worldwide. For instance, retail sales usually see a 25″percent growth every quarter. Bplans is owned and operated by Palo Alto Software, Inc, as a free resource to could’ve a direct impact on retailers who sell designer clothing during ugh economic times, even though they can’t compete on quality. People don’t shop when they are not feeling good, Consumer confidenceis the most important. There’re various economic forces that affect apparel retailers. With that said, thus, the large discounters are now working with p designers to bring designer apparel to the people. Unemployment also has an effect,in that fewerwomen out in the workforce means less disposable income for high end quality clothing.
De Kliek has stiff local competition with the many wonderful boutiques in Los Angeles.
Indirect competitors are those boutiques in LA that focus on another target market or do not carry lines that De Kliek will carry, in addition to popular boutiques in other metropolitan areas.
Direct competitors include those boutiques that carry most of the brands that De Kliek plans on carrying or could move easily into carrying, and are located in the Valley. Then again, weather, seasonal events, holiday shopping, competitor marketing, LA tourism, the Bay Area economy and the strength of the dollar can all affect the performance of De Kliek.
Rising unemployment, political concerns and deflation also pose risks. On a macroeconomic level, consumer confidence, interest rates and inflation rates all have an effect. De Kliek will carry sophisticated, quality lines fromEuropean and American designers similar to Herr Frau, Weekend MaxMini, Hocken, Vince and Catherine the Great. Approximately 19 these percent generate over $ 500K in sales, There are therefore this can be attributed to the fact that so it’s good news to boutique retailers. Easy financials, and access anywhere, LivePlan turns your great idea into a great plan for success, with 500 complete sample plans. I’m sure you heard about this. Business planning has never been easier. So this area also reaches out to the adventurously heeled and dressed, lots of places in Los Angeles cater to the ‘wellheeled’. Location for De Kliek has not been confirmed but p targets are areas in which the target market lives and also shops.
Now look, the competition in Valley does provide some good benchmarksfor projecting sales and understanding customer expectations.
a considerable percentage of sales come from special orders, it’s essential to note that not all ofEnnui sales are generated from the selling floor.
Additionally, look, there’re a few very successful boutiques in San Francisco, NYC and Florida that are worth mentioning as benchmarks for successful retailing and merchandising. That translates to more than $ 1600 per square foot, Nearby,Ennui generates annual sales of $ 3 million with approximately 800 square feet of selling space. That said, in Valley, Ambivalence, a junior/contemporary boutique, averages sales that p $ 1300 per square foot which tals more than $ 900000 in sales annually. De Kliek will continue to monitor them for best practices, with these successful Los Angeles retailers as benchmarks. Strong Euro and slowdown in wealth creation are big concerns and managing a balanced ‘quality price’ ratio is the key to success for luxury retailers. Of course, the luxury goods market, of which has remained recession proof, de Kliek is a part as long as the highend brands it will carry Tiffany and Saks.
While as pointed out by Women’s Wear Daily, luxury firms forecast a strong 2004, particularly for accessories and footwear. De Kliek is a luxury boutique within the Women’s Clothing Store Industry. Research indicates that women approach retail shopping uniquely by evaluating purchases depending on product and company information derived from both personal and expert sources. Additionally, surveys consistently reveal that women buy depending on the relationship they forge with a brand, Statistics, studies, and our own personal experiences show us again and again that excellent customer service lowers customer attrition rates, fosters excellent word of mouth and most importantly, increases sales. It’s a well-known fact that the table below shows that out of the ten characteristics consumers find important in deciding where to shop, four were attributed to customer service. Remember, the Clothing Accessories Stores subsector of Retail has seen sales growth of 19percentage over the last five years from $ 137 dot 6 billion in 1997 to $ 171 dot 8 billion in 2002.
Establishments in this subsector have similar display equipment and staff that is knowledgeable regarding fashion trends and the proper match of styles, colors, and combinations of clothing and accessories to the characteristics and tastes of the customer. Businesses in the Clothing and Clothing Accessories Stores subsector sell new clothing and clothing accessories merchandise from fixed ‘pointofsale’ locations. Additionally, online holiday shoppers spent a record $ 18 dot 5 billion in the course of the holiday season a 35 percent increase over the $ 13 dot 7 billion spent in Luxury retailers and upscale department stores were the unexpected market leaders in the course of the 2003 holidays with Nov Dec sales up 15 percent. Analysts state that as consumers see their investments increase, they spend more. In accordance with the National Retail Federation, the holiday season accounts foronly 15percentage of tal apparel sales, the holiday season is the key indicator of retail health.a perfect holiday season is typically followed by a decent economic year and analysts predict retail sales will rise a tal of 4 percent in Total sales for 2003 were up 2 percent. Her main characteristics are listed below.
Primary De Kliek customer is a professional woman with a household income over $ 100K.
She expects a warm and comfortable environment and nice dressing rooms.
She enjoys being left alone but also enjoys the special uches of personal shopping assistance and having the ability to special order items. By offering fashionable accessories and wardrobe organization items, De Kliek could be able to grab a larger share of her wardrobe budget.a lot of times she shops to browse. She is knowledgeable about designer fashions and tends to shop for seasonal wardrobes twice a year plus picks up various fashion and basic pieces throughout the year. She is also at a Director to CEO level job and could potentially be reached through her office for personal shopping services or through her own personal stylist who is a member of AICI. De Kliek customer loves to shop and enjoys intending to boutiques. She wants fun and catered shopping events in the evening and in addition enjoys receiving special notices on sales and participating in trunk shows to garner more savings. Also, she is used to coming into the store and browsing through the clothing items and trying on what interests her.
