Danish Fashion Going Global - Spandet And Partners
Danish Fashion Going Global - Spandet And Partners
Danish Fashion Going Global - Spandet And Partners
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DANISH FASHION GOING GLOBAL 66<br />
shifting from being retailers buying apparel to becoming landlords of an attractive<br />
department store shopping mall offering high frequency at high rental costs.<br />
The wholesale distribution is under pressure from vertical chains and centralized<br />
buying cooperations and have lost significant market share the past 10 years.<br />
In the consolidated countries such as Germany and the UK it is next to impossible to<br />
find a multibrand retailer in a good location in the medium- and big cities.<br />
The web has taken over some 20% of the apparel sales within the past 10 years and<br />
is the only sales channel not losing momentum.<br />
In between strong multibrand players are introducing both online and offline<br />
shopping.<br />
In new retail economies such as Russia and China there is no cross over between<br />
price and concepts which means that there is hardly multibrand shops as we see it in<br />
Europe or in the United States.<br />
The consequent requirement for the brand is retail competence to get secure the<br />
good locations and obtain the branding effect through the stores. So how do you<br />
become a brand without retail or franchise? How do you get that competence without<br />
industrial platforms and without commercial brands with focus on design and good<br />
quality?<br />
The majority of the fashion revenues are neither in well-known and hyped multibrand<br />
stores, nor in concept shops and shop in shops. The majority of revenues are with<br />
super markets.<br />
An overview and elaboration of segmentation, marketing and positioning is available<br />
in the following chapters.