Fashion and Luxury Goods

Autumn | Winter

Fashion & Luxury Lookbook AUTUMN / WINTER

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps “ The boo… ‚or uxury ƒoos is uneninƒ­ There are €eo€e „ho neer hae o „orry abou „heher hey †an a‚‚or so…ehinƒ hey ike­ In one €ar o‚ he „or or anoher here „i a„ays be so…eone „ih …oney o s€en on uxury” ieƒo ea ”ae •resien an –EŒ To’s Click o o€en our ookbook

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps The growth of wealth The — biƒƒes †haenƒes and luxury goods… Click to explore 01 02 The growth of wealth and especially ultra wealth is a global theme­ €emand for luxury consumer goods is forecast to grow significantly oer the next decade and beyond notwithstanding Responding to the Bridging the the expectation for short term slowdown as the preiously pressure for growth digital diide soaring demand in China cools­ The ƒuestion is – how can you capture this growth… 03 04 electing and anaging the optimising locations full alue chain 05 06 Really knowing arnessing your customers future talent 07 08 Releasing the anaging brand and power of data reputational risk

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps 01 Res€oninƒ o he €ressure ‚or ƒro„h Fashion an uxury brans hae €roe o be resiien oer he †ourse o‚ he o„nurn in re†en i…es bu no„ …any brans are sub‹e† o hiƒher ƒro„h ex€e†aions – an in a …ore †o…€eiie …arke­ These y€es o‚ €ressures are †reainƒ †o……on ra€s ‚or uxury brans o ‚a ino – su†h as akinƒ riskier ra€i˜fire bes o †a€ure ƒro„h­ This €ro†ess †an uner…ine one o‚ he uxury se†or’s …os i…€oran €rin†i€es – bran e uiy­ –onsu…ers are ainƒ o ha †o…€exiy – „ih he abiiy o sho€ on heir o„n er…s „hen an „here hey „an „hie a††essinƒ †o…€ee “The ƒoba uxury ƒoos €ri†e rans€aren†y­ Res€oninƒ o his €ressure re uires he abiiy o kee€ u€ „ih he †onsu…er an €roiinƒ se†or has oube oer he he… „ih …eaninƒ‚u €rou† ex€erien†es ha srenƒhen bran e uiy­ ™usainabe ƒro„h – €reserinƒ bran e uiy €as en years ­­­ an „e an …ainaininƒ ex†usiiy – is he ui…ae e uaion ex€e† i o oube aƒain o baan†e­ by 2020” ‘asi† €rin†i€es o‚ susainabe uxury ƒro„h Fo†us on ‚e„er ™ay †ose o ‘ui o‚‚erinƒs an isan†e he bran an biƒƒer bes he †onsu…er ex€erien†es ha˜ ‚ro… …ass srenƒhen bran €rin†i€es Leaershi€ in Luxury 201š ›o…an ™a†hs

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps 02 ‘riƒinƒ he iƒia iie Many uxury brans are si uesioninƒ ho„ o briƒe he ‘iƒia iie’­ I is a ery ei†ae €ah o rea ƒien „ha’s a sake – he bran heriaƒe­ An his €ah „i i…€a† …ore han ‹us onine reenue­ iƒia e†hnooƒies hae re†eny been esi…ae o influen†e oer a hir o‚ ƒoba in˜sore reai saes­ We hink ha nu…ber is ikey o ƒro„ o ž0Ÿ urinƒ 201ž­ This a††eeraion …eans a i€€inƒ €oin in uxury reai „here iƒia †an no onƒer be †onsiere a Ÿ isin† business insea i „i in†reasinƒy be†o…e ‚una…ena o orƒanisaions an he enire †onsu…er˜ bran reaionshi€­ Any iƒia …ani‚esaion o‚ he bran – ‚ro… so†ia €a‚or…s o hir €ary isribuors – —0 nees o be synony…ous o he bran †ore aues an be aiore o he nees o‚ he †uso…er­ o‚ isiors use iƒia ‚or sho€€inƒ˜ A …isaiƒne or ƒeneri† iƒia o‚‚erinƒ …ay a†uay reae a†iiies be‚ore or urinƒ „ien he iƒia iie­ heir …os re†en ri€ o a sore –onsier iƒia inera†ion €oins a†ross he „hoe i‚e†y†e AWARE CONSIDER EVALUATE PURCHASE LOYALTY RECOEND Diil A ­€ S‚cil S‚cil W ƒ€i „ ‚ƒil … Tƒl  A†† Diil Ei‚­il CR The New €igital €iide †‡ˆ‰ €eloitte

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The big challenges Case studies Our war Our warddrroobebe Insight & r Insight & reesearsearcchh T Thhe way we worke way we work Next steps Next steps 03 ™ee†inƒ an o€i…isinƒ o†aions Whis he shi‚ o„ars o…ni˜†hanne is rea an ƒro„inƒ he as …a‹oriy o‚ ‚ashion an uxury reenues are si rien by o‚fline €hysi†a †hannes­ I re…ains rue ha he †ornersone o‚ †a€urinƒ his o‚fline reai e…an is si ‘o†aion o†aion o†aion’ – bu a key enaber ‚or su††ess „i be o ensure a †onsisen †ross˜†hanne †onsu…er ex€erien†e ‚ro… †o……uni†aion o †onersion­ The ariey o‚ e…oƒra€hi† an in˜reƒion nuan†es ¡e­ƒ­ †iies su†h as Lonon – or een s€e†ifi† srees „ihin †iies – a†inƒ as san˜aone e…an †enres¢ oƒeher „ih ransi an ouris… riers£ „i be ery i…€oran i‚ uxury brans are o ruy †a€ure ƒro„h­ Ÿ Balancing the physical growth strategy is one of the most important components of success ¤ž A baan†e †iy ƒro„h sraeƒy ¡in†uinƒ oues£ re uires ee€ unersaninƒ o‚ nuan†es o‚ uxury †onsu…ers say o‚ †aeƒory €ri†e an sye hey „an o ‚Šc‰ ‹ Œ l –iies a €rou† be‚ore €ur†hase Luxury brans shou Transi ‡­‚ˆ‰ Touris… Non˜†iy uxury ouris… seek o ƒenerae …axi…u… esinaions ¡e­ƒ­ resors aue ‚ro… he ‘…aƒi† rereas£ †an o‚‚er siƒnifi†an hour’ be‚ore flyinƒ €ahs o †os˜e‚‚e†ie ƒro„h Œnine ¥o„ A‚fluen ™ho€€ers ‘uy Luxury ›oos 2014 ›ooƒe / I€sos

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps 04 Manaƒinƒ he ‚u aue †hain Ÿ –reainƒ uaiy €rou†s re uires ex uisie …aerias an †are‚u arisanshi€­ Many uxury ƒoos †o…€anies are ¤š iƒheninƒ heir †onro oer a as€e†s o‚ heir business – ‚ro… esiƒn o isribuion­ ‘y …anaƒinƒ he ‚u aue †hain o‚ exe†uies are hiƒhy ¡an o‚en ineƒrainƒ …ore saƒes o‚ he aue †hain£ †o…€anies †an he€ ensure ha hey hae ex†usie riƒhs †on†erne abou risks „ihin o an aaiabiiy o‚ in€us an €roe† he €osiioninƒ an he ‘ ‹  lŠ c‰i‹ re€uaion o‚ heir brans­ E‚‚e†ie aue †hain …anaƒe…en „i be an in†reasinƒ sour†e o‚ †o…€eiie aanaƒe­ The Ri€€e E‚‚e† 201š eoie ¦uaiy s€ee an susainabiiy beinƒ €ri…ary aue riers – a o‚ „hi†h si unerneah he banner o‚ ensurinƒ bran heriaƒe an e uiy re…ain ina†­ €eliering alue and protecting the brand throughout the alue chain S cŠ­iŽ ‚Œ SŠ††lŽ Rapid Time to Market C‚‹€i€ ‹ Di€­iƒŠi‚‹ ”eri†ay ineƒrainƒ ao„s ‘y †onroinƒ …ore o‚ he ›reaer †onro oer he beer aaiabiiy …ore sabe su€€y †hain i †an reu†e †uso…er ‚a†inƒ i…aƒe o‚ †oss an …ainains uaiy he i…e ‚ro… †a„ak o he bran e­ƒ­ buyinƒ ba†k †onro o ensure hiƒh˜ uaiy †oa˜hanƒer o res€on o ‚ran†hise sores o ensure …aerias ‚or €rou†s †uso…er e…an bran ineƒriy

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps 05 Reay kno„inƒ your †uso…ers Ÿ I…aƒine kno„inƒ „ha eery †uso…er is ƒoinƒ o buy as hey „ak ino he sore­ This …ay be he i…€ossibe rea… bu aan†es in †ieneinƒ are …oinƒ ha rea… †oser­ –ieneinƒ …ay no be ne„ o ‚ashion an uxury brans – §4 saes asso†iaes †an re†oƒnise key †uso…ers on siƒh­ ¥o„eer he rise o‚ he ƒoba †uso…ers o€erainƒ a†ross ƒeoƒra€hies o‚ reai ransa†ions si ake €a†e an …ui€e †hannes …akes i harer an …ore †o…€ex in sore nururinƒ lŠƒl cŠ€‚’ ­ ‚or †o…€anies o †o…€rehensiey unersan heir †uso…er ­ li‚‹€‰i†€ hrouƒh iƒia †ieneinƒ base­ iƒia †ieneinƒ „hi†h in†ues eainƒ˜eƒe €ro†esses …akes he… …ore ikey o †oninue anayi†s an aan†es in –RM syse…s is eierinƒ a €ersonaise †uso…er ex€erien†e a†ross †hannes – an Œ‚­  liŒ i’ ui…aey i…€roinƒ †onersion raes an reenues­ The Ne„ iƒia iie 2014 eoie Šour core clienteling steps to increase customer loyalty and conersion ˆ T­   ‹ ­ l ‹ cŠ€‚’ ­ ‚Š­ c‰ ƒ­i‹€ cŠ€‚’ ­ ‚ ‰ €‚­ ‰ † T‰­‚Š‰‚Š ‰ ‹i­ E’†‚ˆ ­i‹ €l € cŽcl „ i‹ ­  ’‚‹i‚­i‹ The essentials €€‚ci € ‚ †­‚i ‹ ’ €Š­ ’ ‹ ‹ƒl € of clienteling ‹ ‘c †i‚‹l i‹“€‚­ c‚‹i‹Š‚Š€ i’†­‚ ’ ‹ cŠ€‚’ ­ ‘† ­i ‹c ‹ R l ‹ ‹ i’ lŽ Œ‚ll‚ˆ“ Š† ƒ­i‹€ cŠ€‚’ ­€ ƒck Œ‚­ ’‚­

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Ÿ 06 ¥arnessinƒ ‚uure aen The ‚ashion an uxury se†ors are ‚a†inƒ ra€i business ©ž †hanƒe an €eo€e are a he hear o‚ his reouion­ I is „iey a††e€e ha †o…€anies „ih „e˜orƒanise of companies rate workforce aen …anaƒe…en €ra†i†es are ƒaininƒ he †o…€eiie aanaƒe­ ¨e „ihin hese se†ors here is si a siƒnifi†an capability as an ‘Š­ ‹’ ‚­ ‘i’†‚­‹’ †haenƒe in fininƒ he riƒh €eo€e „ih he riƒh ski …ix o enabe su††ess‚u ƒro„h hrouƒh a €hase o‚ …a‹or c‰ll ‹ „ only ˆŒŽ beliee they ransiion an ex€ansion­ Exe†uie eaers shou a€€y are ready to address it ‹us as …u†h business kno„eƒe an a†u…en as †reaiiy o soe †o…€ex orƒanisaiona an aen …anaƒe…en issues­ E‘’†l l i‹ †­cic € ‚ cc €€ ‹ ­ i‹ l ‹ Treainƒ I‹‹‚ Use ‘iƒ aa Mainain an ­ c­Šii‹ „ho an €‚cil ’ i o  † ‹ ci ‹ ike „here †o……uniies l ‹  † c‹i ’­k i‹ ‹ ˆ‚­k€ ƒ ‹c‰ ›oba ¥u…an –a€ia Trens 2014 eoie

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps 07 “Œrƒanisaions ha use anayi†s Reeasinƒ he €o„er o‚ aa ‚or †o…€eiie aanaƒe „ere 2–2 I‚ he †uso…er is kinƒ he aa are he €a„ns – he ‚ounaion i’ € ’‚­ lik lŽ o subsaniay ‚or any „inninƒ €osiion­ There is …ore in‚or…aion aaiabe han ou€er‚or… heir inusry €eers” eer be‚ore on €eo€e’s †onsu…€ion habis behaiours rens an e†ision riers­ ¥o„eer ines…ens in biƒ aa an anayi†s are „ase i‚ e†ision˜…akers re†eie erroneous insiƒhs or o I‘M MIT 2014 no hae he skis or †o…€een†ies o †oner soi insiƒhs ino business e†isions­ Uno†kinƒ his in‚or…aion is key o unersaninƒ „ha he …in˜se o‚ he †onsu…er is no„ an is ikey o be in he ‚uure­ ‘y 2020 „e ‚oresee a „or o‚ rea˜i…e inke €ari†i€ans a†ross †uso…ers e…€oyees sharehoers an he …arke€a†e­ rien by he †onerƒen†e o‚ ‘iƒ aa he Inerne o‚ Thinƒs an aa ™†ien†e uxury reaiers „i be abe o beer unersan heir †uso…ers res€on o …arke rens an aior saes in‚or…aion & €rou†s­ The future of data k † ­ l  c • • • • • • Content • • • • • • €ata cience • • ’New Insights“ ocial • ‘nalytics S ‰ €  ­ ­ “Big €ata” ’ ‚  ’New –rocessing“ ‚ ‰ € Š obile Cyber  l C • “Interenet of Things” € ­ • ’New ouces“ • • Cloud • • • • Content • • • • • € Ž ‚ l † ’ E •

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps 08 Manaƒinƒ bran an re€uaiona risk Neary hree˜ uarers o‚ …a‹or oss eens o††urre I †an ake …any years o bui a bran bu ony one ue o †orreae an …o…en o ruin i­ Luxury brans hae a„ays neee o inere€enen risks €re€are ‚or an res€on o sraeƒi† un†erainy †or€orae risks an re€uaiona issues – „hi†h †an €ay ou oer i‚‚eren i…e horiªons­ ‘u in a „or o‚ in†rease †o…€exiy The alue killers reisitedœ ‘ risk management study oaiiy an un†erainy brans „i nee o baan†e †‡ˆ‹ €eloitte ƒro„h as€iraions an o€eraiona €ans „ih he sraeƒi† risks hey ‚a†e­ As he o€erainƒ eniron…en †oninues o eeo€ in †o…€exiy ¡e­ƒ­ eoinƒ reƒuaion so†ia …eia †o……uni†aions …ore †onsu…er †hannes broaer ƒeoƒra€hies ‘‚aser’ risks£ †o…€anies „i nee o in†rease heir iƒian†e – „ih bran an re€uaion beinƒ he sronƒes †o……oiy o €roe†­ —i l €€‚‹€ ‚‹ ­ †Ši‚‹l ­i€k ’‹ ’ ‹ €on’t wait until a crisis hits to get ready – “we wish we’d acted earlier” 1 2 ˜ery decision during a ma™or crisis can affect stakeholder alue 3 Response times should be in minutes not hours or days 4 šou can emerge stronger 5 ›hen a crisis seems like it’s oer it’s not

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Case studies Click to explore how a selection of world’s leading brands have taken journeys with us Digital u­­ly chain ‚ashion ‡ Luˆury GLOBAL LUU Goods Co†­anies GOOD COA  ‚inance €nnovation Growth GLOBAL LUU B„AUƒ BA D ƒechnology „…co††erce etailers

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Releasing the power of digital “€eloitte took a very personal interest in the company and it started to feel a lot less like a client relationship and more Elvis & Kresse, a luxury goods company with a strong like a genuinely personal relationship” sense of social responsibility, had hit a brick wall. The couple behind the business, ames enrit and Kresse esling, Kresse esling, Žounding partner knew their website needed a thorough overhaul. This was necessary not only to provide them with uptodate marketing Elvis & Kresse and social media tools, but also to convey more effectively that although they used sensitively upcycled materials to create their belts, bags and accessories, their offering was on a par with the big names in luxury goods. s part of the ocial nnovation ­ioneers n the weeks following the new site going scheme, which provides expertise to live, Elvis and Kresse saw a ƒ„… increase innovative social enterprises, a €eloitte in the number of visitors to the site and €igital team worked with ames and a †„… rise in their online sales, allowing Kresse to understand their ecommerce the company to donate more back to the ambitions, while also showing them good causes they support. ‡sers of the some exciting possibilities to take things website have been so delighted with the further. e worked closely with them improvement that they have called the throughout the process, from the company to tell them that, something wireframes, through the mockups and that had never happened before. The site then on the site itself, ad‚usting the design is based on the ˆig ‰ommerce platform, live in the test environment so that they which is very cheap to run while also could see the effect of changes. making product management and order fulfilment much easier.

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps ‘ptimising the supply chain t is a common problem for many luxury goods companies and fashion retailers’ how to minimise the amount of product that is ‘li”uidated’ at the end of a season– ‘ur client faced this problem – and lacked the ability to reverse the goods, and reallocate them to different distribution channels in order to avoid this wastage. low moving items and obsolete stocks were not reallocated to channels where they could create additional revenue. This ‘reverse logistics concept’ also tied e developed and evaluated a range into other value drivers, such as’ the increasing of different scenarios for designing and importance of the outlet channel, the executing the reverse concepts – and buyback offers for independent retail then tested these against rigorous stores, and the centralisation of repair business ob‚ectives. activities for Europe at the logistics warehouse. Žor example, we were able to test different options against cost implications orking closely with the client, our and potential additional revenue ˜ margin experienced team provided advice and improvements for different scenarios. expertise in key components of building ‡ltimately, our work helped this luxury the solution, including’ logistics, process brand to significantly reduce the ageold development, transfer pricing, customs problem of endofseason wastage – and tax. but under a controlled and owned solution ™protecting the brand’s position and adding value to the businessš. ›œ‘ˆœ œ‡ž‡RŸ ›‘‘€ ‰‘¡­¢Ÿ

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps orking in partnership “The ­artners and senior managers are very proactive at giving us recommendations which add value helping the companies ­rada is a global leader in highend luxury fashion clothing move forward” and accessories. n the ‡K we work extensively with ­rada’s ‡K retail network, and with ‰hurch’s English hoes worldwide group ™ac”uired by ­rada in £¤¤¤š. e have been the auditor ­rada, ‡K for several years and in that time we have built up and developed excellent and truly distinctive relationships. Through these relationships, we have t is this that enables us to raise commercially been successful in building an extensive focussed and appropriate insights to the knowledge and appreciation of the management team, adding real value whilst businesses. s a result, we are the trusted conducting our audit and tax services for first portofcall for ongoing advice on the companies. financial, taxation and accounting matters and are on constant communication pecific and recent examples of this throughout the year. in action include recommendations, benchmarking and observations around The centre of our partnership with the the group’s decision to invest in real ‡K companies is built on our excellent estate, factory expansion and also impact relationship that we have with management assessment on the ‡K business of the and our cumulative knowledge of the ›overnments pension autoenrolment. business as well as our retail sector specialisms in the firm.

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Putting the consumer at “en types of innovation explores diverse the heart of innovation elements of innovation’s impact on the total customer experience. It distills three decades A global luxury beauty company struggled to come of innovation research into an action up with breakthrough innovations that customers and orientated framework” consumers loved. In 201 we were tasked to help them get closer to their consumers and innovate beyond product. heir business was stuck in a growth ipak …. †ain ean I‡ˆ‰A trap by focusing on incremental improvements to oncepopular brands they had tremendous pressure to grow but had lost connection with consumers and worse had become a riskaverse company slow to commercialie bold ideas. oblin worked with a halfdoen his helped each of the brands think of their global brand teams to conceive through the different types that they and develop breakthrough innovations can combine to build breakthroughs. that helped them transcend orthodoxies e then reverseengineered the and create more compelling customer organisational and operational conditions experiences. e built systemic innovations that made them work creating a blue ­ that went beyond product ­ delivering print for restarting the company’s consumercentric offerings and break Innovation engine. oday the company through businesses using the 10 types is regaining the capacity and confidence of innovation. to focus on fewer bigger bets to conceive develop and launch innovations that engage consumers with new and compelling experiences.

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps  strategy for growth “This was a great piece of strategy work based on a real understanding of our business and our people. ¢ew œook ¢ew œook, a global fastfashion retailer with over £,„„„ now has a clear vision that is actionable, stores around the globe, had experienced two se”uential differentiating and understood years of significant profit decline in ¥„££ and ¥„£¥. Žaced with financial pressure from private e”uity investors by everyone” and with a new ambition to become a global, multichannel brand, the new ‰E‘ and executive team were seeking nders Kristiansen, ‰E‘, ¢ew œook to define a robust growth strategy to help turn around the business. e helped to identify potential growth ith a clear threeyear vision now opportunities for the business, including defined, the challenging part was helping a long list of strategic initiatives and ¢ew œook plan and prepare for execution. expansion markets. The team ran a series e worked with the client to develop of workshops with ¢ew œook €irectors detailed activity roadmaps for each to prioritise initiatives and markets based strategic initiative, identify organisational on their attractiveness and ¢ew œook’s barriers that could inhibit the effective ability to win against each opportunity. delivery of the strategy, and support the This resulted in a clear set of focused organisation in overcoming key barriers. ‘here to ­lay’ initiatives that made The ‰E‘ communicated the strategy to up a ‰ore ›rowth ¡odel, including the ˆoard within two weeks and began the delivery of a seamless multichannel delivering thereafter. ince the new customer experience and a new pricing strategy was launched, ¢ew œook has strategy, that could ultimately be seen likeforlike sales, overall revenue rolled out globally. and underlying operating profits grow. The retailer also successfully opened ten stores in ‰hina as part of the international expansion plan.

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Establishing the foundation of retail excellence Selfridges was founded in 1909 but is constantly challenging itself to be at the forefront of retail, to be able to sustain this level of excellence it is crucial to have an IT foundation that can keep up with the business need eloitte have supported Selfridges in a nuber of areas across their IT real estate fro IT Strategy to Transforation and Service anageent  recent proect exaple was ensuring  deployent is a good exaple that the introduction of sart phones and of how we ai to structure uch of our tablets did not expose the to security work in areas of technologyŠ it delivered and anageent challenges eloitte a costˆcase that identified the cost for was engaged to help Selfridges anage provisioning an  solution, defined this si able risk­ as Selfridges has the an enrolent policy that outlined the second largest flagship store in the guidelines and policies to be followed, ‚ƒ and has been at the forefront of and we built a “lessons learned” introducing obile technology across docuent highlighting insights and their organisation risks encountered during deployent to assist and accelerate future The obile evice anageent „… ipleentations ipleentation included the selection of the preferred vendor and defining the activities re‡uired for user deployent eloitte helped to identify all devices to deploy to and defined the rollˆout schedule, as well as developing collateral for Selfridges to extend the ipleentaˆ tion at other ‰roup organisations

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps ­owering a retail revolution “ Ÿou are acutely conscious of the responsibility you have got, which is the reputation of §the brand¨, the trust ohn œewis is the largest department store retailer in that we have got with our customers the ‡K with an ecommerce offer that sets the benchmark and the need to get that right” for customer experience and proposition. Their business is embarking on a Retail Revolution with the goal of having a market beating omnichannel ­roposition, ‰ ‘, ohn œewis to enable this ohn œewis needed to implement an ecommerce platform that could support their ambitions for the next decade. €eloitte worked with ohn œewis The result is a world class solution to define the re”uired business and handling hundreds of thousands of technology capabilities and software to customer visits per hour on a website that deliver their business goals we acted as enables ohn œewis to internally manage the implementation partner to replace the launch and turnover of more than their ecommerce platform. ‡sing creative †,„„„ products per week. and technical expertise from across the global €eloitte €igital network, we have implemented new ecommerce software from ‘racle T› and web content management software from dobe ‰¦† to deliver the new customer facing website.

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps ‘ur wardrobe Click to explore Digital trategy ‰ustomer nnovation nnovation ‰orporate finance nalytics ‘rganisation ­rivate upply chain & foreign & operations Tax owned Žinance Risk & udit & governance assurance

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps ™raeƒy H‚ˆ ˆ c‹ ‰ l† ™raeƒy is abou †hoi†es­ We „ork sie by sie „ih The range of challenges we help our clients tackle is dierse but our client engagements hae some common characteristics­ Šor exampleœ our †iens o …ake he †hoi†es ha „i he€ sre†h an shar€en heir a…biion – ƒroune fir…y in he reaiies • We he€ †iens †ari‚y he naure o‚ he o€€oruniy or €robe… o‚ he …arke€a†e he †a€abiiies o‚ heir orƒanisaion ‚re ueny assisinƒ in €roiinƒ ‘sru†ure o he unsru†ure’ an he ƒoas o‚ heir sakehoers­ We unersan ha • We su€€or †iens in …akinƒ he riƒh sraeƒi† †hoi†es abou hose €robe…s sraeƒy sans or ‚as on exe†uion – an „e are kno„n ‚or eierinƒ ‘exe†uabe sraeƒy’­ Wih oer š00 • –ru†iay „e „ork „ih †iens o eeo€ exe†uabe souions o hose €robe…s ei†ae €ra†iioners eoie’s ™raeƒy €ra†i†e has he s†ae breah an e€h o eier ƒenuine i…€a† an insiƒh o our ‚ashion & uxury †iens­ U‹l‚cki‹ N ˆ S‚Š­c € OŒ ‡­‚ˆ‰ ki‹ ‰ C‚‹fiŠ­i‹ ‚€ ‚Œ W‰ ‰ O­‹i€i‚‹ Y‚Š H ‡‚ Œ‚­ ‡­‚ˆ‰ ™in†e «anuary 201š he eoie ™raeƒy ea… has aso TR‘T˜žIC COIC˜ ›RŒWT¥ •AT¥ RE”ENUE in†ue Monior eoie­ Foune in he eary 1§—0s by a see† TRŸCTŸRINž MANA›EMENT ƒrou€ o‚ ¥arar ‘usiness ™†hoo €ro‚essors Monior eoie has been a he ‚ore‚ron o‚ sraeƒi† hinkinƒ resear†h an –ŒN™UMER NETWŒR¬ FŒŒT•RINT –¥ANNEL innoaion ‚or a…os š0 years­ •RI–IN› & IN–ENTI”E™ Œ•TIMI™ATIŒN ™TRATE›¨ MAR¬ETIN› •ŒRTFŒLIŒ / TAR›ET Œ•ERATIN› E®–ELLEN–E MAR¬ET RE”IEW MŒEL

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps iƒia ¥o„ has iƒia †hanƒe he „ay ha sho€€ers resear†h an buy ‚ashion an uxury ƒoos¯ An ho„ †an you use “We oe o ex€ore ne„ „ays o‚ iƒia o enhan†e heir ex€erien†e o‚ your bran¯ eoie enƒaƒinƒ €eo€e on heir …obies iƒia is a bo an innoaie €ar o‚ eoie ha is here an abes an i……ersinƒ he… o ans„er hese uesions ‚or you­ We o‚‚er a †o…€ee in an a…aªinƒ ex€erien†e usinƒ iƒia €a†kaƒe ha †an ake you a he „ay ‚ro… sraeƒy beaui‚u ookinƒ a€€s” hrouƒh ex€erien†e an †reaie esiƒn o bes€oke eeo€…en an …anaƒe souions­ Like you „e €u he †uso…er firs an a he hear o‚ eeryhinƒ „e o buiinƒ a…aªinƒ ex€erien†es aroun he…­ H‚ˆ ˆ c‹ ‰ l† S­ Ž W ƒ„ ’‚ƒil ‹ i‹“€‚­ O†i’i€i‚‹ … A‹lŽic€ S cŠ­iŽ When †reainƒ your sraeƒy ‚or he We †an he€ you o †ra‚ a uni ue an There’s an enor…ous a…oun o‚ aa In he iƒia era one’s ieniy †an ui†ky uxury …arke „e sar an finish „ih €ersonaise ex€erien†e ‚or your †uso…ers aaiabe ‚ro… „or˜o‚˜…ouh ra†kinƒ be ao€e by so…eone ese­ ¥o„ o your business ƒoas­ Œur ei†ae iƒia „hereer hey inera† „ih your bran o so†ia influen†e o …obie behaiour businesses hen €resere heir †o…€eiie €ra†iioners „ork „ih you o brinƒ a be i a€o€ €hone is€ay aerisinƒ or o onine an in˜sore anayi†s­ We †an aanaƒe an †iens¯ We beiee rus susainabe iƒia sraeƒy o i‚e he€inƒ in sore­ We †an he€ you bui an onine he€ you „ih he †oe†ion an an sa‚ey are †ru†ia ‚or uxury †uso…ers you o …ee he reaiies o‚ oay… an €resen†e on your sie hrouƒh your unersaninƒ o‚ he reean aa an an ‚or your orƒanisaion o €roe† aue­ o…orro„­ Eeryhinƒ „e o „i be aerisinƒ an on so†ia €a‚or…s ha is o †oner i ino a beer …ore We he€ you o be beer €roe†e an ex uisiey aiore o …ee your nees „orhy o‚ he bran ha you hae †reae €ersonaise †uso…er ex€erien†e resiien aƒains iƒia risks an ao„ you o re…ain isin†ie an ha †eary e†hoes your aues

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Innoaion ¥o„ „e †an he€ Ensurinƒ uaiy innoaion is one o‚ he key roues o obin he€s orƒanisaions innoae …ore e‚‚e†iey susaininƒ aue in ‚ashion an uxury­ We €u eainƒ business ex€erien†e o „ork aonƒsie †uso…er˜†enre ›her›her›here to innoatee to innoatee to innoate ow to innoateow to innoateow to innoate resear†h an a esiƒn˜e a€€roa†h o †ra‚ broa reiabe WWWorkinƒ aonƒsie senior eaers „e orkinƒ aonƒsie senior eaers „e orkinƒ aonƒsie senior eaers „e Innoaion rInnoaion rInnoaion re uire uire uires es es is†i€ine †o…€een†eis†i€ine †o…€een†eis†i€ine †o…€een†e an re€eaabe a€€roa†hes o innoaion­ Wih …ore han ex€orex€orex€ore ho„ ‚ore ho„ ‚ore ho„ ‚or†es o‚ †hanƒe „i†es o‚ †hanƒe „i†es o‚ †hanƒe „i ikey  ikey  ikey an ex€erien†e­ Tan ex€erien†e­ Tan ex€erien†e­ To innoae su††ess‚uo innoae su††ess‚uo innoae su††ess‚uyyy hiry years o‚ ex€erien†e „e he€ orƒanisaions a€ ino i…€a† your ener€rise an inusryi…€a† your ener€rise an inusryi…€a† your ener€rise an inusry   an ran ran reiabyeiabyeiaby you nee o bui he innoaion you nee o bui he innoaion you nee o bui he innoaion heir ‚u innoaion €oenia by seinƒ innoaion sraeƒy¢ an „heran „heran „here in ha see…inƒy †haoi† e in ha see…inƒy †haoi† e in ha see…inƒy †haoi† †a€abiiies syse…s an sru†ur†a€abiiies syse…s an sru†ur†a€abiiies syse…s an sru†ures haes haes ha ans†a€e ies o€€oruniyans†a€e ies o€€oruniyans†a€e ies o€€oruniy­­­ ararare riƒh ‚or your ener€rise­e riƒh ‚or your ener€rise­e riƒh ‚or your ener€rise­ esiƒninƒ buiinƒ an aun†hinƒ innoaions¢ an eeo€inƒ he… ino beer innoaors­ We hrie on ›hat to innoate›hat to innoate›hat to innoate †oaborainƒ a†ross …ui€e €ers€e†ies an „e are WWWe „ork „ih you o †oner o€€oruniiese „ork „ih you o †oner o€€oruniiese „ork „ih you o †oner o€€oruniies unie by our ruhess †uriosiy an ee€ esire o an ieas ino businesses­ Usinƒ ƒeneran ieas ino businesses­ Usinƒ ƒeneran ieas ino businesses­ Usinƒ ƒeneraieaieaie brinƒ o i‚e innoaions ha †reae rea aue­ rrresearesearesear†h …ehos „e unearh ne„ insiƒhs†h …ehos „e unearh ne„ insiƒhs†h …ehos „e unearh ne„ insiƒhs rrreƒareƒareƒarinƒ †uso…er nees ¡in†uinƒ †uso…er nees ¡in†uinƒ †uso…er nees ¡in†uinƒ bohinƒ bohinƒ boh “exr“exr“exre…e” †uso…ers an he onese…e” †uso…ers an he onese…e” †uso…ers an he ones you haen’ „on oer ye­£you haen’ „on oer ye­£you haen’ „on oer ye­£ ›e use high protocol tools to build bold and sophisticated innoations with the “Ten Types of Innoation” obin is eoie’s ƒoba innoaion fir…­ Œur ea… is a uni ue †o……uniy o‚ esiƒners so†ia s†ieniss enƒineers an M‘As „orkinƒ aonƒsie our †iens o bui ne„ businesses an o‚‚erinƒs­

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps –uso…er Whis he †uso…er has a„ays been kinƒ neer be‚ore hae †uso…ers „iee so …u†h €o„er­ Luxury reaiers oay o€erae in in†reasinƒy †o…€ex …arke –uso…er „here e†hnooƒy has †hanƒe he „ay †uso…ers –onsuinƒ inera† „ih he bran­ Œur eainƒ˜eƒe †uso…er †onsuinƒ ea… he€s ‚ashion an uxury †o…€anies eeo€ an …ainain a †onsisen an arƒee ‚o†us on …anaƒinƒ an eeo€inƒ heir †uso…er reaionshi€s­ H‚ˆ ˆ c‹ ‰ l† CCCŠ€‚’ ­ S ­ic … E‘† ­i ‹c Š€‚’ ­ S ­ic … E‘† ­i ‹c Š€‚’ ­ S ­ic … E‘† ­i ‹c ­k i‹ … I‹€i‰­k i‹ … I‹€i‰­k i‹ … I‹€i‰ CCCŠ€‚’ ­ A††lici‚‹€ … DŠ€‚’ ­ A††lici‚‹€ … DŠ€‚’ ­ A††lici‚‹€ … D Sl € … Di€­iƒŠi‚‹Sl € … Di€­iƒŠi‚‹Sl € … Di€­iƒŠi‚‹ eierinƒ beer †uso…er seri†es a†reierinƒ beer †uso…er seri†es a†reierinƒ beer †uso…er seri†es a†rossossoss ŒerŒerŒer†o…inƒ †o…€ex …arkeinƒ an†o…inƒ †o…€ex …arkeinƒ an†o…inƒ †o…€ex …arkeinƒ an Exe†uinƒ srExe†uinƒ srExe†uinƒ sraeƒies – …akinƒ he…aeƒies – …akinƒ he…aeƒies – …akinƒ he… WWWinninƒ he riƒh †uso…ers on heinninƒ he riƒh †uso…ers on heinninƒ he riƒh †uso…ers on he …ui€e †uso…er ou†h˜€oins – su†h…ui€e †uso…er ou†h˜€oins – su†h…ui€e †uso…er ou†h˜€oins – su†h †uso…er anayi† †ha†uso…er anayi† †ha†uso…er anayi† †haenƒes ˜ ‚renƒes ˜ ‚renƒes ˜ ‚ro…o…o… rrrea houƒh he see†ion esiƒnea houƒh he see†ion esiƒnea houƒh he see†ion esiƒn riƒh er…s­ Triƒh er…s­ Triƒh er…s­ This †an in†ue anyhinƒhis †an in†ue anyhinƒhis †an in†ue anyhinƒ as i…€ras i…€ras i…€roinƒ he †uso…er ex€erien†eoinƒ he †uso…er ex€erien†eoinƒ he †uso…er ex€erien†e †hanne …anaƒe…en hr†hanne …anaƒe…en hr†hanne …anaƒe…en hrouƒh oouƒh oouƒh o an i…€e…enaion o‚ key enabinƒan i…€e…enaion o‚ key enabinƒan i…€e…enaion o‚ key enabinƒ ‚r‚r‚ro… innoaie ne„ saes sro… innoaie ne„ saes sro… innoaie ne„ saes sraeƒiesaeƒiesaeƒies buibuibuiinƒ ne„ †hannes or i…€e…eninƒinƒ ne„ †hannes or i…€e…eninƒinƒ ne„ †hannes or i…€e…eninƒ …easurinƒ an o€i…isinƒ r…easurinƒ an o€i…isinƒ r…easurinƒ an o€i…isinƒ reurneurneurn e†hnooƒies an …akinƒ he anƒibee†hnooƒies an …akinƒ he anƒibee†hnooƒies an …akinƒ he anƒibe an €ran €ran €ro†esses hro†esses hro†esses hrouƒh o esiƒninƒouƒh o esiƒninƒouƒh o esiƒninƒ ne„ e†hnooƒyne„ e†hnooƒyne„ e†hnooƒy on ines…enson ines…enson ines…ens business †hanƒe o ena† hesebusiness †hanƒe o ena† hesebusiness †hanƒe o ena† hese orororƒanisaion …oesƒanisaion …oesƒanisaion …oes srsrsraeƒiesaeƒiesaeƒies

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Aui & assuran†e We srie o †oninuousy raise he bar on aui uaiy an aue¢ by eierinƒ in‚or…e †haenƒe ineiƒen insiƒh an buiinƒ ƒreaer rus „e he€ †o…€anies bui inesor †onfien†e­ ‘y †o…bininƒ isionary hinkinƒ ousaninƒ €eo€e an he s…ares e†hnooƒies our aui eiers exerna €ers€e†ies in he …os reean an risk˜‚o†use „ay­ We ƒo beyon finan†ia assuran†e e…bra†inƒ our reƒuaor re uire…ens an eainƒ he €ro‚ession’s res€onse o he „ier €ubi† ineres aƒena­ H‚ˆ ˆ c‹ ‰ l† VlŠ P ‚†l I‹€i‰€ š‚l“‚‹ i€‚­Ž In†reasinƒy „e are hearinƒ ha broaer an ee€er We hae a ne„ork o‚ ei†ae aui €ro‚essionas We €roie insiƒh in …any ‚or…s ‚ro… o€i†a ™eera aisory €roƒra…s hae been su††ess‚uy assuran†e oer an aboe ha o‚ our †ore aui „hose €ri…ary ineres an ‚o†us are ‚ashion an houƒh˜€ie†es o s€e†ifi† ben†h…arkinƒ aroun roe ou our aui †iens in†uinƒ° ee€ ies on o€inion i is be†o…inƒ …ore an …ore i…€oran uxury †iens­ We hae a ruy inernaiona €ra†i†e a††ouninƒ €oi†ies or €ro†esses an †onros ‚ro… †onros an risk ‚ra…e„ork assess…ens¢ –onra† o our †iens reƒuaors an oher sakehoers­ „hi†h ao„s ‚or beer inera†ions be„een ƒrou€ an in‚or…a ie„ on key €rioriies o eaie finan†e †o…€ian†e¢ Ai†e on ransiion o IFR™ or We ai… o €roie he isin†ie Aui ia a nu…ber an †o…€onen ea…s ‚un†ion e‚‚e†ieness surey fininƒs ‚ro… „orkinƒ ne„ ao€ion o‚ areas – in†uinƒ hose hiƒhiƒhe o he riƒh – „ih s€e†iaiss o a€€y our €ro€rieary IT e†hnooƒy our €eo€e insiƒhs an eainƒ ai†e o ieni‚y rens ‚ro… exisinƒ finan†ia aa

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps ‰orporate finance How we can help The fashion and luxury sectors are, by their very e have an unparalleled level of expertise ranging from advising nature, the most innovative, dynamic and exciting on the raising of e”uity or debt finance, assessing potential targets, business sectors in the world. nvariably new entrants advising on transactions, undertaking valuations, supporting on negotiations and all with aim of realising your growth ambitions. and established players face a wide range of exciting and exacting challenges across their business lifecycle© whether raising seed funding to establish themselves, obtaining new sources of finance to expand ourcing investment and ¡ergers & ac”uisitions, organically or though ac”uisition, realising value efficient financing divestments, ­‘s by a sale to new owners or accessing the public markets. t €eloitte, we recognise the importance to our Effective clients of working with them across this lifecycle. Raising ‘ptimising Reallocating dentifying €eal €elivering ‘ur dedicated team of corporate finance professionals Žunds ‰apital ‰apital the Right €eal Execution the Returns seeks to be with you every step of the way. ˆy bringing tailored advice and deep expertise we look to support you in meeting the challenges and opportunities that face your business as it grows and thrives. e pride Snapshot client story ourselves in combining innovative business thinking with practical commercial solutions, serving a range ŽŽŽor a global apanese watch gror a global apanese watch gror a global apanese watch group weoup weoup we of clients from small independents to ma‚or identified key value drivers which supportedidentified key value drivers which supportedidentified key value drivers which supported global powerhouses. the the the successful successful successful bid bid bid of of of a a a wiss wiss wiss leadleadleading ing ing manufacturmanufacturmanufacturererer of mechanical movements and componentsof mechanical movements and componentsof mechanical movements and components for the mechanical watch industryfor the mechanical watch industryfor the mechanical watch industry. pecific. pecific. pecific contributions wercontributions wercontributions were value pre value pre value preserving adviceeserving adviceeserving advice on the ­on the ­on the ­ and model al and model al and model allowing for alowing for alowing for a competitive offercompetitive offercompetitive offer

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Finan†e H‚ˆ ˆ c‹ ‰ l† eoie’s ‚inan†e o‚‚erinƒ ao„s you o enhan†e We eier aue o he finan†e ‚un†ion in hree …a‹or areas – o€eraiona business an s€e†iaise­ Uner€inninƒ hese are he key enabers su†h he use an reurns on your †a€ia so ha your business as orƒanisaion an €eo€e¢ in‚or…aion an syse…s¢ €ro†esses an €oi†es has is o„n eniron…en ‚or ƒro„h by eierinƒ „hi†h he€ he finan†e ‚un†ion o‚ he ‚uure be†o…e a rue €arner a €o„er‚u finan†e sraeƒy­ eoie has a breah o‚ o he business ex€erise in he roe finan†e €ays hrouƒhou he i‚e˜ †y†e o‚ a uxury business in†uinƒ †a€ia €rou†iiy finan†e sraeƒy an €ro†ess o€i…isaion­ This ensures • ™u€€or he ƒro„h o‚ he business • Inrou†e il‚­  fi‹‹c ha your …oney is „orkinƒ he bes i †an ‚or you hrouƒh ‚†i’i€i‹ ‚Œ ŒŠ‹i‹ €‚lŠi‚‹€ s€e†ifi† o he ‚ashion an ao„inƒ you o …ake he bes e†isions o li‹ € an ex€ansion finan†inƒ an uxury se†ors an o bree su††ess­ your business • Reu†e ƒoba risk reae o • Œ€i…ise †o…€ex fi‹‹c “ ‘ €­ŠcŠ­ c‚’†li‹c ­i ‹ †­‚c €€ € O† ­i‚‹l S† cili€  • e†rease re€orinƒ risk fi‹‹c fi‹‹c hrouƒh ŒŒ ci  • I…€e…en €† cili€ fi‹‹c ’‹ ’ ‹ an šŠ€i‹ €€ €Ž€ ’€ o brinƒ abou e‚fi†ien fi‹‹c „orkflo„ i…€roe †onros • ‘rinƒ abou e‚‚e†ie ˆ‚­ki‹ c†il ’‹ ’ ‹ o …anaƒe your †o…€any’s i uiiy • eeo€ ‘†‚€Š­ ‹ Œ‚­ c€ ‚‚l€ o ao„ a †ear a††urae ie„ o‚ he †o…€any finan†es • Roa…a€ fi‹‹cil €­ ic ‚ƒ™ ci € an enabe you o use he… o …easure onƒoinƒ €er‚or…an†e

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps ™u€€y †hain & o€eraions H‚ˆ ˆ c‹ ‰ l† ›einƒ €rou†s ‚ro… †a„ak o †uso…er re uires †oninuous innoaion an †onsan aenion – he abiiy o res€on „ih s€ee an aƒiiy is a key €ar o‚ sayinƒ ahea o‚ he †o…€eiion­ Wih he su€€y †hain o‚en a††ouninƒ ‚or —0Ÿ o‚ oa business †oss †reainƒ a O’‹i“c‰‹‹ l Agile-buying & End-to-end supply chain Omni-customer …ore e‚fi†ien su€€y †hain †an i…€roe …arƒins e†rease S­ Ž Merchandising design & Optimisation Fulfilment i…e˜o˜…arke an een ƒro„ …arke share­ We’e • What is the right multi- • What are the right • Where should we locate • What is the most effective channel operating model… products to sell… ›hat our fulfilment centres… method of fulfilment… eeo€e a uni ue ‚ra…e„ork an se o‚ †a€abiiies ›hat does ‘good’ look like olumes are reƒuired ha s€an he enire su€€y †hain – ‚ro… sraeƒy o in the luxury industry… by product & channel… • Which partners offer the • How can we track stock most agile distribution… at each location… i…€e…enaion an †an assis in unerakinƒ a • Establish the right supply • Single view of product as€e†s o‚ sraeƒi† an a†i†a assess…en esiƒn chain strategy to ensureœ to support effectie • Building integrated • Designing scalable and agile Customer centre operating decision making demand and supply order management solutions an i…€e…enaion in†uinƒ ehi†a €ro†ure…en model design planning capabilitya an susainabiiy †onsieraions o i…€roe your • Support the end-to- • Building an accurate view of • Omni-channel foundations end buying cycleœ • Omni-channel network stock across the enterprise su€€y †hain o€eraions­ ’single iew of product order configuration & stock“ • Disciplined sourcing, • Profitable pick, pack and product lifecycle and • Effective supplier dispatch for deliery to stores • Bring it to life with roadmap category management management and direct to customer & ™ourney planning • Omni-merchandise • Building end-to-end cost napshot client story optimisation to sere isibility to drie profitable decision making For a ƒoba †onsu…er bran „e he€e he… beer …anaƒe €rofiabiiy an „orkinƒ †a€ia in a e†ininƒ €hysi†a …arke­ We bui a business €rofiabiiy an inenory ra†kinƒ …oe o in‚or… †uso…er / €rou† €rofiabiiy an inenory/isribuion e†isions­ The key benefis „ere° an o€i…ise €or‚oio – isibiiy o‚ „hi†h €rou†s …ae …oney¢ an a reu†ion in ‚ufi…en an soraƒe †oss­

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Anayi†s H‚ˆ ˆ c‹ ‰ l† We are isru€inƒ he …arke€a†e by e…beinƒ Whie here’s no sinƒe ans„er o he uesion o‚ „here o sar „ih anayi†s „e beiee hese areas shou be on he shor is ‚or any uxury business anayi†s in eeryhinƒ „e o­ Throuƒh a unreeninƒ ‚o†us on “hear o‚ he business” issues „e are he€inƒ CŠ€‚’ ­ … ­‚ˆ‰ Ri€k … ­ Šl‚­Ž W‚­kŒ‚­c —i‹‹c SŠ††lŽ c‰i‹ our †iens o rans‚or… he…sees eierinƒ a –ricing & profitability Regulation & –erformance Šinancial performance upplier & procurement “o…ino e‚‚e†” riinƒ ao€ion hrouƒhou heir compliance management management analysis business ‚ro… he ineƒraion o‚ our aan†e Customer segmentation Šraud & forensics ›orkforce alignment ‘danced forecasting upply chain †a€abiiies inusry ex€erise innoaie eiery optimisation …oes an aue˜base ou†o…es­ Brand & sentiment Reputational risk Compensation & Tax model –roduct profitability analysis benefits optimisation The e€h an breah o‚ †a€abiiies is unriae – no oher ‚ir… has he †o…binaion o‚ anayi†s e†hnooƒy †a€abiiies o…ain ex€erise aan†e anayi†s oƒeher „ih reaionshi€s „ih –xŒ an business o„ners­ We hae oer §000 anayi†s €ro‚essionas ƒobay „orkinƒ in †oaboraion „ih our 1ž000 ei†ae T‰ —€‰i‚‹ I‹ lli ‹c Acc l ­‚­ eiery ne„ork o eier ƒreaer insiƒh o you­ We hae inese o †reae a uni ue se o‚ ‚ashion ineiƒen†e an anayi†s oos­ An exa…€e o‚ his is ‚oun „ihin our eainƒ˜eƒe oo ‚or ‚ashion reaiers° kno„ †o…€eiors’ €rou†s €ri†es an is†ouns o …axi…ise he €rofiabiiy o‚ e†isions­ The ‘Fashion Ineiƒen†e’ A††eeraor is an anayi†s oo ha €roies our reai †iens „ih rea˜i…e †o…€eior ineiƒen†e base on €ubi†ay aaiabe aa ha eas o beer buyinƒ an rainƒ e†isions as „e as beinƒ abe o €rei† he nex bes hinƒ in se†ons­

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Organisation Snapshot client story For a UK footwear brand, We developed a new capability model and organisational Aligning strategies across an organisation’s corporate design to support the organisation’s vision infrastructure is critical to adapting in a constantly evolving of expanding their global footprint and world. At Deloitte, the depth and breadth of our capability doubling the size of the business across the talent, technology, place and space agendas provides us with the unique expertise to ensure our clients not only survive, but thrive amongst the fittest. How we can help What is the Talent Tech Does it have the organisation’s talent technology to agenda and how support its talent does it support the agenda, processes Talent Workforce Change Organisational business stratergy? and ways of Mobile Data IT Collaboration Strategy Agility Management Transformation working? technology Security Infrastructure Tools Business Strategy How does its real Are the right people estate asset base and working in the right working environment place for enterprise support its talent success? Workplace Workplace Real Estate Real Estate and maximise Footprint Location Relocation Tax & Vision Design Transformation Strategy productivity? Space Optimisation Strategy Implementation Incentives Place

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps •riae an ‚oreiƒn˜o„ne businesses H‚ˆ ˆ c‹ ‰ l† A he †ore o‚ our a€€roa†h o su€€orinƒ €riae e uiy ba†ke businesses is he €riae e uiy i‚e†y†e­ Fro… iniia A…os a uxury brans „i ae ba†k o so…e ‚or… ines…en hrouƒhou …i †y†e ƒro„h o„ars an exi o‚ €riae o„nershi€­ An …any brans een ƒoba ones an beyon „e hae eeo€e a isin†ie o‚‚erinƒ o eier aue ai†e an insiƒh a ea†h saƒe­ hae su††ess‚uy reaine ha sru†ure hrouƒh ƒeneraions o‚ ƒro„h­ In re†en years €riae e uiy fir…s hae been a…onƒ he …os a†ie buyers o‚ uxury an €re…iu… brans­ They €ay a †ru†ia roe in €roiinƒ †a€ia o he uxury ƒoos inusry o‚en „ih he ob‹e†ie o‚ he€inƒ younƒ brans o ƒro„­ •riae e uiy has been €ari†uary a†ie in he€inƒ brans „ih he †o…€ex an ex€ensie €ro†ess o‚ inernaiona ƒro„h­ We €roie …anaƒe…en ea…s „ih a ben o‚ sraeƒi† finan†ia an o€eraiona su€€or­ We aso †reae o€€oruniies ‚or €eers o ne„ork a†ross he €riae e uiy˜ba†ke an €riae †o…€any ans†a€e­ The e…ans an re uire…ens o‚ ‚oreiƒn˜o„nershi€ are an aiiona †o…€exiy ‚or …any o†a …anaƒe…en ea…s o naiƒae­ We hae a ei†ae ‚oreiƒn˜o„ne aisory ea… „ho unersan he †haenƒes ‚a†e by ‚oreiƒn˜o„ne †o…€anies­ aximising alue­ upporting management­

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Tax H‚ˆ ˆ c‹ ‰ l† Wheher you’re a ‚ashion enre€reneur an esabishe U¬ uxury bran a ‚oreiƒn †o…€any in he U¬ or a FT™E orƒanisaion „e …ake i our business o a„ays o‚‚er you bes˜in˜†ass ax ex€erise ‚ro… eainƒ iniiuas­ We †an he€ you „ih yna…i† ax res€onses ‚or oay’s ‚as˜†hanƒinƒ eniron…en o aress †haenƒes in a ‡l‚ƒli€i‚‹ ‹ “c‚’’ ­c I‹ ll cŠl †­‚† ­Ž R †Ši‚‹ ‹ ­i€k key ax areas reean o your business in a †o…€rehensie –o…€rehensie ax anaysis an –o…€ex su€€or in reie„inƒ Res€oninƒ o …eia an so†ia souions ‚or aernaie “roues o iner†o…€any ransa†iona s†ruiny on o†a ax €osiion an †oheren „ay­ We seek o eier ai†e ha’s €ra†i†a …arke” ¡raiiona isribuion arranƒe…ens ‚or I• ¡e­ƒ­ i†en†e reean an †os˜e‚‚e†ie­ ‘y „orkinƒ „ih eoie no s­o…ni˜†hanne£ ‚ran†hise ‚ees£ ony „i you benefi ‚ro… our ex€erise a he ‚ore‚ron o‚ oay’s ax aƒena bu aso he ‚resh enerƒy ha our €eo€e brinƒ in heir a€€roa†h o he€inƒ „ih your ax e†isions­ šEPS SŠ††lŽ c‰i‹ WŽ€ ‚Œ ˆ‚­ki‹ Res€oninƒ o ‘E•™ eeo€…ens° –uso…s an rans‚er €ri†inƒ Taiore souions suiinƒ he e­ƒ­ rans‚er €ri†inƒ o‚ inanƒibes¢ as€e†s¢ †onsieraions o‚ inire† †urren business eniron…en ™na€sho †ien sory hree˜ier rans‚er €ri†inƒ o†u…enaion ax †onse uen†es¢ unersaninƒ bu aso €ra†i†a o i…€e…en a€€roa†h¢ iƒia e†ono…y he aue ae by ea†h seƒ…en WWih a ax ‘‚oo€rin’ in oer ž0 ‹urisih a ax ‘‚oo€rin’ in oer ž0 ‹urisi†ionsi†ions o‚ he su€€y †hain ƒobaƒobayy €r €reseninƒ a reseninƒ a ranƒe o‚ †o…€ex anƒe o‚ †o…€ex irire† an e† an ininirire† ax rues – his †ien ha a †hae† ax rues – his †ien ha a †haenƒe­enƒe­ WWe he€e he… eeo€ a re he€e he… eeo€ a robus robus ransa†ionaansa†iona sru†ursru†ure ‚or he †re ‚or he †reaion eeo€…en an useeaion eeo€…en an use o‚ †onen an oher ineo‚ †onen an oher inee†ua €re†ua €ro€eryo€ery „hi†h no ony …e a„hi†h no ony …e a ax an r ax an rans‚er €ri†inƒans‚er €ri†inƒ rre uire uire…ens bu aso su€€ore re…ens bu aso su€€ore reaisaioneaisaion o‚ heir business sro‚ heir business sraeƒyaeƒy­ W­ Wee hheenn ii……€€ee……eennee a ne„ sinƒe €a‚or… abe o ra ne„ sinƒe €a‚or… abe o refle† efle† hhee rraannssaa††iioonns s ƒenerƒenerae by he ne„ I• sru†urae by he ne„ I• sru†ure­e­

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Risk & ƒoernan†e H‚ˆ ˆ c‹ ‰ l† ™raeƒi† Risk­ Finan†ia Risk­ –yber se†uriy hreas­ AAAs ‚ashion an uxury †o…€aniess ‚ashion an uxury †o…€aniess ‚ashion an uxury †o…€anies Risk …anaƒe…en †an a† asRisk …anaƒe…en †an a† asRisk …anaƒe…en †an a† as TTThe in†rhe in†rhe in†reasinƒ …oe…eneasinƒ …oe…eneasinƒ …oe…en A †hanƒinƒ reƒuaory eniron…en­ Eoinƒ ƒoernan†e seek o †a€urseek o †a€urseek o †a€ure ƒre ƒre ƒro„h i „io„h i „io„h i „i an enaber o‚ oher aue riers –an enaber o‚ oher aue riers –an enaber o‚ oher aue riers – o„aro„aro„ars he ao€ion o‚ s he ao€ion o‚ s he ao€ion o‚ iƒiaiƒiaiƒia ans†a€es­ In oay’s un€rei†abe an hiƒhy †o…€eiie be ia o a†iey …anaƒe hebe ia o a†iey …anaƒe hebe ia o a†iey …anaƒe he ‚or exa…€e assurinƒ he en˜‚or exa…€e assurinƒ he en˜‚or exa…€e assurinƒ he en˜ „i„i„i r r re uire uire uire a se€ †hanƒe ‚ore a se€ †hanƒe ‚ore a se€ †hanƒe ‚or business eniron…en i’s i…€oran o ake a hoisi† ie„ srsrsraeƒi† risks asso†iae „ihaeƒi† risks asso†iae „ihaeƒi† risks asso†iae „ih o˜en su€€y †hain es€e†iao˜en su€€y †hain es€e†iao˜en su€€y †hain es€e†iayyy …any uxury br…any uxury br…any uxury brans in ho„ans in ho„ans in ho„ o‚ ƒoernan†e risk an †o…€ian†e – „hie ‚o†usinƒ no ‘br‘br‘bran sran sran sre†h’¢ €us o unersane†h’¢ €us o unersane†h’¢ €us o unersan „hen br„hen br„hen bran˜i†ensinƒ an hiran˜i†ensinƒ an hiran˜i†ensinƒ an hir hey €rhey €rhey €roe† heir o„n anoe† heir o„n anoe† heir o„n an he risk˜rhe risk˜rhe risk˜reurn as€e†s o‚ …a‹oreurn as€e†s o‚ …a‹oreurn as€e†s o‚ …a‹or €aries ar€aries ar€aries are inoee inoee inoe heir †uso…ers’ aaheir †uso…ers’ aaheir †uso…ers’ aa ony on he risks ha †an hreaen aue bu aso he risks ines…en e†isionsines…en e†isionsines…en e†isions ha an ener€rise †an ake o †reae aue­ To o his ‚ashion an uxury business eaers shou †onsier e…beinƒ Maserinƒ bran an Ensurinƒ a robus su€€y Ensurinƒ your e†hnooƒy a houƒh‚u a„areness o‚ risk an †o…€ian†e ino he re€uaiona risk †hain an …anaƒinƒ is an asse raher han ery ‚abri† o‚ he orƒanisaion­ Œur risk business s€ans a hir €aries a risk he reean areas o‚ risk – an „e he€ ƒoba orƒanisaions Makinƒ s…arer ines…en ‘uiinƒ e‚‚e†ie risk •roe†inƒ an o esiƒn risk sraeƒies anayse key risks esiƒn an e†isions an i…€roinƒ ƒoernan†e an €ro†esses †onroinƒ aa i…€e…en risk ‚ra…e„orks an su€€or risk †onros €ro‹e† exe†uion an ƒoernan†e­ ™na€sho †ien sory FFor one o‚ he „oror one o‚ he „or’’s i†oni† †onsu…er brs i†oni† †onsu…er bransans „e he€e he… …anaƒe a key r„e he€e he… …anaƒe a key re€uaiona risk –e€uaiona risk – aao„inƒ he… o unersan ho„ an exernao„inƒ he… o unersan ho„ an exerna srsraeƒi† risk †ou a‚‚e† †onsu…er seni…enaeƒi† risk †ou a‚‚e† †onsu…er seni…en an e…an an ho„ o ran e…an an ho„ o res€on­es€on­

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Autumn Winter 2014 Click to eˆ­lore The rowing ‚ower The Deloitte Swiss loal Sure on oƒ Consumers Watch Inustr Stu  eputation­ isk’ 2014 Spring Summer 2014 Click to eˆ­lore loal Human The „ew loal ‚owers oƒ Capital Trens Digital Diie …uxur oos 2014

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps The eoie –onsu…er Reie„° The ƒro„inƒ €o„er o‚ †onsu…ers Whie †onsu…ers hae a„ays ha he abiiy o oe „ih heir ‚ee or „aes hey no„ hae he €o„er o influen†e no ony „ha hey buy bu „ha ohers buy as „e­ E…€o„ere by a††ess o …ore in‚or…aion so†ia ne„orks an iƒia ei†es †onsu…ers are no„ „e e ui€€e o fin he riƒh €rou† or seri†e o sui heir nees­ As a resu „e’re seeinƒ a ƒa€ e…erƒe be„een †onsu…ers’ ex€e†aions an brans’ abiiy o …ee he…­ The †haenƒe ‚or businesses is ho„ o †ose his ex€e†aions ƒa€ „hen eainƒ „ih …iions o‚ i‚‚eren †onsu…ers a e…aninƒ i‚‚eren hinƒs­ earch our website or contact us to access the insights

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps The eoie ™„iss Wa†h Inusry ™uy 2014 The suy hiƒhiƒhs he ie„s o‚ „a†h †o…€any exe†uies on he key †haenƒes an o€€oruniies ‚a†inƒ he ™„iss „a†h inusry­ ›ro„h has been one o‚ he e‚ininƒ ‚eaures o‚ he „a†h inusry­ ‘u „hie …any re…ain o€i…isi† ‚or ƒro„h oer he nex 12 …onhs „eakeninƒ ‚oreiƒn e…an is €er†eie as a siƒni‚i†an risk­ Whie he ouook is no as o€i…isi† as i has been in he as 2 years noaby ‚or –hina ne„ o€€oruniies are ex€e†e in eeo€inƒ …arkes su†h as Inia an Inonesia „ih Euro€ean an U™ …arkes aso srenƒheninƒ­ earch our website or contact us to access the insights

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Re€uaion±Risk° ›oba surey on re€uaiona risk Wha’s your †o…€any’s re€uaion „orh¯ I‚ he …ore han š00 business exe†uies „ho €ari†i€ae in our ƒoba suy on re€uaion risk are †orre† a †o…€any’s re€uaion shou be …anaƒe ike a €ri†eess asse an €roe†e as i‚ i’s a …aer o‚ i‚e an eah be†ause ‚ro… a business an †areer €ers€e†ie ha’s exa†y „ha i is­ The Re€uaion±Risk surey re€or exa…ines „ha orƒanisaions aroun he „or are oinƒ o ƒe in ‚ron o‚ his †rii†a issue­ earch our website or contact us to access the insights

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps ›oba •o„ers o‚ Luxury ›oos 2014° In he hans o‚ he †onsu…er The re€or €roies an ouook ‚or he eainƒ uxury ƒoos e†ono…ies insiƒhs ‚or …erƒers an a† uisiions ¡M&A£ a†iiy in he se†or an is†usses he …a‹or rens a‚‚e†inƒ uxury ƒoos †o…€anies in†uinƒ he reai an e˜†o……er†e o€eraions o‚ he arƒes ©ž uxury ƒoos †o…€anies­ “ es€ie o€erainƒ in a roube e†ono…i† eniron…en uxury ƒoos †o…€anies ‚are beer han †onsu…er €rou† †o…€anies an ƒoba e†ono…ies ƒeneray­ We ex€e† ƒro„h in eeo€e e†ono…ies o €i†k u€ s€ee „hie siƒnifi†an risks in e…erƒinƒ …arkes re…ain” sai Ira ¬aish –hie‚ E†ono…is eoie ›oba­ “ Œera €er‚or…an†e o‚ he uxury se†or „i e€en no ony on e†ono…i† ƒro„h bu on ‚a†ors su†h as ou…e o‚ rae €roe†ion o‚ inee†ua €ro€ery †onsu…er €ro€ensiy o sae an †hanƒinƒ in†o…e isribuion­” earch our website or contact us to access the insights

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps The Ne„ iƒia iie iƒia ei†es’ influen†e on in˜sore €ur†hase behaiour is ƒro„inƒ …u†h ‚aser han anyone †ou hae ani†i€ae­ ›ien his a††eeraion „e are a a i€€inƒ €oin in reai — a €oin „here iƒia †hannes shou no onƒer be †onsiere a se€arae or isin† business­ Insea iƒia is ‚una…ena o he enire business an he enire sho€€inƒ ex€erien†e in an ou o‚ he sore­ As his ne„ reaiy beƒins o hae a ƒreaer i…€a† reaiers shou †hanƒe ra…ai†ay he „ay hey hink …easure an ines in iƒia an aress heir †uso…ers’ iƒia nees an „ans­ earch our website or contact us to access the insights

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps ›oba ¥u…an –a€ia Trens 2014° Enƒaƒinƒ he 21s˜†enury „ork‚or†e –EŒs an ¥R eaers see aen as a …a‹or †haenƒe o ƒro„h­ Where shou you ‚o†us¯ ›oba e…oƒra€hi† †hanƒes are ainƒ †o…€exiy o eery hu…an †a€ia †haenƒe­ A eoie surey s€anninƒ §0 †ounries ooke a he aen issues ha †an hreaen orƒanisaiona e‚‚e†ieness­ ‘usinesses nee a ne„ a€€roa†h o …anaƒinƒ hu…an †a€ia – an ¥R nees ne„ skis o eier i­ The 21s˜†enury „ork‚or†e is ƒoba hiƒhy †onne†e e†hnooƒy˜say an e…aninƒ­ Is e…€oyees are youh‚u a…biious an fie „ih €assion an €ur€ose­ Miennias are a …a‹or ‚or†e – bu so are oer „orkers „ho re…ain enƒaƒe an auabe †onribuors­ earch our website or contact us to access the insights

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps The way we work “ Over the years € have learned that what is i†­ortant in a dress is the Click to eˆ­lore wo†an who is wearing it‹” ves aint Laurent ƒhe Deloitte Our eˆecutive Our Our digital Our social way ­rogra††es greenhouse studio i†­act ‘As One’

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps The €eloitte way’ Traditional approach ‘s ‘ne’ ˆig ƒ ¡arketing ‰Ž‘ ‰R‘ Tax €irector R ‰onsultants ‰onsultants ‘ur firm has an unparalleled ability to work with all levels of your organisation, and can work holistically ‰¡‘ ‰R‘ to tackle any challenge, no matter how complex Žragmented and highprofile. ‘ur competitors typically focus ‰reative ‰ ‘ on one or several parts of a business, but few, if €irector any, can consider an approach as one. ˆrand ‰E‘ ‰‘‘ ˆusiness ‡nit œeaders Technology ‰onsultants ‰onsultants trategy ˆouti”ues The €eloitte ay’ ¡ore value as one ‰Ž‘ ‰R‘ Tax €irector ‰¡‘ ‰R‘ ¡ore value as one ‰reative ‰ ‘ €irector ‰E‘ ‰‘‘ ˆusiness ‡nit œeaders

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Œur exe†uie eeo€…en “ The ›ro„h Es†aaor •roƒra……e €roƒra……es is ‚anasi† ‚or –EŒs „ho „an o eeo€ heir skis an earn abou e…erƒinƒ …arkes­ In his business you neer so€ earninƒ so I hink his €roƒra……e is ƒrea­” CEO ‡­CEO ‡­‚ˆ‰ E€cl‚­ P­‚ˆ‰ E€cl‚­ P­‚­‚­’’ ’’ –EŒ FT™E 100 Ines…en Manaƒe…en ›rou€ Œur rŒur res€onsibiiy in riinƒ susainabe e†ono…i†es€onsibiiy in riinƒ susainabe e†ono…i† ƒrƒro„h in†ues „orkinƒ „ih U¬ businesses oo„h in†ues „orkinƒ „ih U¬ businesses o rie innoaion an ne„ hinkinƒ­ eoie hasrie innoaion an ne„ hinkinƒ­ eoie has aun†he a sraun†he a sraeƒi† €raeƒi† €roƒroƒra……e o he€ a…biiousa……e o he€ a…biious –EŒs ‚r–EŒs ‚ro… eao… eainƒ U¬ †o…€anies su††eeinƒ U¬ †o…€anies su††ee in ‚as ƒrin ‚as ƒro„inƒ eeo€inƒ …arkes­o„inƒ eeo€inƒ …arkes­ C—O T­‹€ii‚‹ Lƒ€ N ‘ ‡ ‹ ­i‚‹ C—O “I hae neer ha an ex€erien†e ike “I a… no„ …u†h …ore in‚or…e­ C—O P­‚­’’ ha be‚ore in …y †areer­ A „hoe ay I hink i’s he bes „orksho€ I hae ™in†e is aun†h in 200— he €eloitte CŠO eoe o …y su††ess „ih an exre…ey eer aene­ Ex†een aue ‚or i…e –rogramme has he€e oer 100 iniiuas be†o…e aene ƒrou€ o‚ houƒh €arners­ The inese an I hae bui a ƒrea ƒrou€ –FŒ an su€€ore hunres o‚ ohers in heir issues an o€€oruniies „e †oe†iey ne„ork o‚ –FŒs­” roes­ The ee…ens „hi†h …ake u€ he –FŒ •roƒra……e un†oere are ‚o†usse i…€oran an are esiƒne o assis he –FŒ hrouƒhou heir †areer †eary on he †rii†a €ah o‚ a –FŒ FT™E 100 –o…€any €roiinƒ unriae insiƒh an su€€or aonƒ su††ess‚u ransiion ‚or …e­” he „ay­ –FŒ ›oba –onsu…er ›oos –o…€any

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps The ƒreenhouse ex€erien†e “Our lab experience was a great aid in the deelopment of our thinking around In†reasinƒy your business ‚a†es issues „ihou the analytics ‘art of the possible’­ Being easy ans„ers­ Issues ha re uire …ui€e €ers€e†ies able to see and interact with demos †reaiiy an aa€aion­ Issues ha †anno be of real life business scenarios brought aresse „ih business as usua­ We e†ie o suy analytics to life far beyond what words „ha i akes o break ou o‚ hese rus an a††eerae …eaninƒ‚u resus an „e is†oere he €o„er o‚ and slide could do” i……ersie ex€erien†es – 1˜2 ay inera†ie sessions aiore o aress s€e†ifi† business †haenƒes­ The eoie ƒreenhouse †onsiss o‚ a see†ion o‚ ‘abs’ ead of Šinancial –lanning & ‘nalysis easy¢et ea†h one ra„inƒ u€on €rin†i€es ‚ro… esiƒn hinkinƒ behaioura e†ono…i†s ƒrou€ yna…i†s an innoaion heory­ Reƒaress o‚ o€i† ea†h ex€erien†e is †uso…ise o an exe†uie or ea…’s isin† nees­ The †o……on hrea¯ isru€inƒ orinary hinkinƒ reeainƒ ne„ €ossibiiies an in†iinƒ €rou†ie a†ion­ W‚­ki‹ ˆi‰ Ž‚Š IERSIVE FACTATE STRUCTURED ›e take you out of the ordinary ›e thoughtfully assemble ›e tie together with and into a consciously designed the right mix of high tech an approach specifically enironment and high touch elements designed to produce moments of impact

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps The eoie iƒia ™uio° –oaboraion an ins€iraion Œur ne„ suio in he hear o‚ –erken„e’s esiƒn isri† in Lonon is a s€a†e ha has been bui ‚or †oaboraion an ins€iraion­ I ao„s us o „ork oƒeher „ih our †iens in a flexibe …anner „ih €eny o‚ s€a†e o „rie an ra„ ieas as „e as he e†hnooƒy o brinƒ he… o i‚e­ Wheher you „an o hae an ieas session ‚or an hour run a „orksho€ ‚or an a‚ernoon or †oaborae on a €ro‹e† oer he †ourse o‚ seera „eeks „e hae he s€a†e o o i in­ “ Our studios were formed with a single goal in mindœ inspiring people to do their best work­ ‘t their core our studios foster creatiity collaboration and the deliery of pixel perfect digital solutions­” €eloitte €igital

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps eoie I…€a† My ision ‚or eoie is o be he isin†ie Fir… – o san ou hrouƒh he i…€a† „e hae on our †iens an so†iey­ … We beiee our „ork is €ayinƒ an i…€oran €ar in †onribuinƒ o he e†ono…i† re†oery in he U¬­ We aise ‘riish business eaers on a ariey o‚ issues ranƒinƒ ‚ro… orƒanisaiona †hanƒe o oerseas ex€ansion­ An i…€oran €ar o‚ our e‚‚ors o in†rease he †o…€eiieness o‚ ‘riish business is hrouƒh our he€ in …anaƒinƒ heir ax a‚‚airs e‚‚e†iey an †o…€yinƒ „ih reƒuaions in an in†reasinƒy †o…€ex ƒoba e†ono…y­ Œur „ork a†ross iƒia an anayi†s is riinƒ innoaion he€inƒ in†rease €rou†iiy an €roiinƒ our †iens „ih souions o he …os †o…€ex o‚ €robe…s­ … Whie he …arke€a†e has been †haenƒinƒ I beiee ha he uaiy €assion an enerƒy o‚ our €eo€e oer he as ‚e„ years has i…€a†e €osiiey boh on our †iens an he broaer so†iey­ We „i „ork har o i…€roe his i…€a† in F¨1ž an beyon­ Di S†­‚Šl ™enior •arner an –EŒ

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps €eloitte Žashion & œuxury, ‡K leadership Ian eddes Sukie Kooner Nick Pope an is the ead of ‡K Retail in our ‰onsumer ukie coleads the ‡K firm’s Žashion & œuxury ¢ick coleads the ‡K firm’s Žashion & œuxury ˆusiness practice – including ownership of the ›oods business. €uring her £ª year career she has ›oods business. e has over £« years of consulting Žashion & œuxury ›oods business. e has over been responsible for coordinating a number of experience, working with a large variety of consumer ¥„ years experience working in the Retail sector. our consumer business clients and luxury brands. businesses. is functional experience includes’ Žunctional experience includes’ buying and he has extensive accounting experience, and reputation and brand management, strategic stress merchandising, category management, price has been involved in a number of transactions, testing, forecasting & planning, consumer research, optimisation, sourcing and supplier management, ­‘s, offering circulars, vendor and financial and demand analytics supply chain, and operating model & due diligence organisation design How hae luxur consumers change† How hae luxur companies een eoling† What oes luxur mean to ou† “ œuxury consumers can now shop from a larger “ ’ve definitely seen a shift towards luxury brands “ ­eople often say that luxury is having things the range of international brands across more categories becoming much more sophisticated and rigorous way you want them. ˆut for me luxury is mainly than ever before. think this has made more them in how they operate – mainly as a result of the about enduring ”uality and value – falling in love even more discerning and focused on craftsmanship increasing competitiveness in the market” with the product or the experience, and and materials in addition to style and branding” appreciating it more everyday” igees­eloitte‡co‡uk sukiekooner­eloitte‡co‡uk nipope­eloitte‡co‡uk

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Re‚eren†es 01 ›oba •o„ers o‚ Luxury ›oos 2014° In he hans o‚ he †onsu…er eoie 2014 02 The Ne„ iƒia iie eoie 2014 0š Leaershi€ in Luxury° Ieni‚yinƒ brans ha bui susaine €er‚or…an†e ›o…an ™a†hs E uiy Resear†h 201š 04 Re€uaion±Risk° ›oba surey on re€uaiona risk eoie / Forbes 2014 0ž ‘‘es ›oba ‘rans’ re€or Inerbran 2014 0¤ ¥o„ A‚fluen ™ho€€ers ‘uy Luxury ›oos ›ooƒe / I€sos 2014 0© The ne„ €ah o aue MIT/I‘” Re€or I‘M 2014 0— Ex€orinƒ ™raeƒi† Risk° ™urey o‚ š00³ ƒoba †˜suie an boar exe†uies eoie / Forbes 201š 0§ ›oba ¥u…an –a€ia Trens eoie 2014 10 The aue kiers reisie° A risk …anaƒe…en suy eoie 201š 11 The Ri€€e E‚‚e† ¥o„ …anu‚a†urinƒ an reai exe†uies ie„ he ƒro„inƒ †haenƒe o‚ su€€y †hain risk eoie 201š 12 Maƒi† ¦uaran ‚or ‘usiness Anayi†s ™eri†es Wor„ie ›arner 2014 1š The eoie –onsu…er Reie„° The ƒro„inƒ €o„er o‚ †onsu…ers eoie 2014 14 –onsu…er •rou†s M&A Insiƒhs eoie 2014 1ž The eoie ™„iss Wa†h Inusry ™uy 2014 eoie 2014 1¤ The o…ni˜†hanne o€€oruniy° Uno†kinƒ he €o„er o‚ he †onne†e †onsu…er eoie 201š 1© Mobie Influen†e 201š ˜ The ƒro„inƒ influen†e o‚ …obie in sore eoie 201š 1— The eoie –onsu…er Reie„ ˜ ‘eyon he hy€e° he rue €oenia o‚ …obie eoie 201š 1§ FT­†o… / Merƒer…arke ¡in‚or…aion on †o…€any ransa†ions£ 20 ‘usiness o‚ Fashion ‘oF­†o… I…aƒe †reis Robin ‘e „„„­robinbe­†o­uk eoie re‚ers o one or …ore o‚ eoie Tou†he Toh…asu Li…ie ¡“TTL”£ a U¬ €riae †o…€any i…ie by ƒuaranee an is ne„ork o‚ …e…ber fir…s ea†h o‚ „hi†h is a eƒay se€arae an ine€enen eniy­ •ease see „„„­eoie­†o­uk/abou ‚or a eaie es†ri€ion o‚ he eƒa sru†ure o‚ TTL an is …e…ber fir…s­ eoie LL• is he Unie ¬inƒo… …e…ber fir… o‚ TTL­ This €ubi†aion has been „rien in ƒenera er…s an here‚ore †anno be reie on o †oer s€e†ifi† siuaions¢ a€€i†aion o‚ he €rin†i€es se ou „i e€en u€on he €ari†uar †ir†u…san†es inoe an „e re†o……en ha you obain €ro‚essiona ai†e be‚ore a†inƒ or re‚raininƒ ‚ro… a†inƒ on any o‚ he †onens o‚ his €ubi†aion­ eoie LL• „ou be €ease o aise reaers on ho„ o a€€y he €rin†i€es se ou in his €ubi†aion o heir s€e†ifi† †ir†u…san†es­ eoie LL• a††e€s no uy o‚ †are or iabiiy ‚or any oss o††asione o any €erson a†inƒ or re‚raininƒ ‚ro… a†ion as a resu o‚ any …aeria in his €ubi†aion­ © 2014 eoie LL•­ •riae an †onfienia­ A riƒhs resere­ eoie LL• is a i…ie iabiiy €arnershi€ reƒisere in Enƒan an Waes „ih reƒisere nu…ber Œ–š0š¤©ž an is reƒisere o‚fi†e a 2 Ne„ ™ree ™ uare Lonon E–4A š‘µ Unie ¬inƒo…­ Te° ³44¡0£ 20 ©§š¤ š000 Fax° ³44¡0£ 20 ©ž—š 11§—­

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The big challenges Case studies Our wardrobe Insight & research The way we work Next steps “ƒhe great thing about fashion is that it always looks forward” €n tribute to Oscar de la enta Ž‘’“” – ”–‘—˜

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