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PART TWO ”NEW INITIATIVES”

PART TWO - KNORDhomepages.knord.dk/erhvervscases/Erhvervscase_2015.06.01... · 2015. 1. 9. · THE HISTORY Part Two was established in Copenhagen, Denmark in 1986. Inspired by the

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  • PA R T T W O

    ” N E W I N I T I A T I V E S ”

    1

  • THE HISTORY

    Part Two was established in Copenhagen, Denmark

    in 1986. Inspired by the New England style, the

    brand introduced a classic look aspiring women to

    dress in beautiful and comfortable clothing. With

    its New England influence, Part Two reflected an

    active and healthy lifestyle. From the beginning the

    brand enjoyed great success.

    With 28 years of experience Part Two still creates

    high quality fashion products for real women living

    real lives.

    In July 2014, Part Two became part of the

    successful brand portfolio of DK Company – one

    of Europe's biggest suppliers of fashion and

    lifestyle brands. This has strengthened Part Two's

    position as one of the leading players in the mid-

    market segment in Scandinavia.

    2

  • VALUE PROPOSITION

    Part Two’s products offer a

    strong combination of

    features:

    A timeless STYLE that is casual,

    natural and authentic

    A great FIT that makes her feel good

    A credible QUALITY expressed

    through fabrics and craftsmanship

    A possibility to buy in to a BRAND at

    an attractive PRICE

    3

  • COUNTRY OVERVIEW – WHOLESALE/FR 13/14

    COUNTRY SET-UP % OF SALES

    1. NORWAY AGENT 31 %

    2. SWEDEN 2 SALES PERSONS 17 %

    3. CANADA OWN (ERIK) 13 %

    4. UK 2 SALES PERSONS 13 %

    5. DENMARK 2 SALES PERSONS 10 %

    6. FINLAND 1 SALES PERSON 4 %

    7. IRELAND AGENT 4 %

    8. SPAIN DISTRIBUTOR 2 %

    9. GERMANY AGENT 2 %

    10. SCHWEIZ DISTRIBUTOR 2 %

    11. BENELUX AGENT 1 %

    12. OTHER 1 %

    4

  • SALES INITIATIVES TO

    EXPAND THE DISTRIBUTION

    DEFINE POTENTIAL

    NEW MARKETS FOR 15.07

    (ITALY, FRANCE)

    INVESTING IN FAIRS

    CIFF – COPENHAGEN

    PANORAMA – BERLIN

    PURE – LONDON

    OSLO FASHION WEEK

    STOCKHOLM FASHION WEEK

    MODEFABRIEK – AMSTERDAM (CONSIDERING)

    IMPLEMENTATION OF SOFT SHOP CONCEPT

    THE GOAL IS TO IMPLEMENT 8 – 10 SOFT SHOPS

    ON 15.07

    RAISE THE AVERAGE ORDER DUE TO 4 NEW COLLECTION INITIATIVES

    HEADLINE

    5

  • HEADLINE

    6

    COLLECTION INITIATIVES

    CONTINUING

    THE

    ”NEW PRICE-

    STRUCTURE”

    INTRODUCING

    JEANS TO THE

    MARKET

    EXPAND THE

    KNITWEAR

    CATEGORY

    EXPAND THE

    OUTERWEAR

    CATEGORY

    1.

    4.

    2.

    3.

  • INTRODUCING NEW JEANS CONCEPT FROM

    PRE-FALL 2015

    DIFFERENT FITS AND WASHES

    FITS FOR ALL SHAPES AND BODIES

    FOCUS ON TARGET GROUP – MATURE

    WOMEN

    NEW AND DELICATE LABELLING

    JEANS HISTORY

    SOLD 1800 PCS. AUTUMN 1407

    THE POTENTIAL IS HUGE!

    7

    COLLECTION INITIATIVE 2

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    option congue nihil imperdiet

    doming id quod mazim placerat

    facer possim assum. Typi non

    habent

    HEADLINE

    FOCUS ON DETAILS – NEW JEANS LABELLING

    8

  • EXPLAINING THE FIT

    TO GET SUCCESS IT IS CRUCIAL, THAT OUR CUSTOMERS CAN

    UNDERSTAND THE DIFFERENT FITS – AND PICK THEIR FAVOURITE! THIS IS

    WHY WE HAVE DESIGNED OUR NEW JEANS LABEL PROGRAM

    9

  • HEADLINE

    10

    COLLECTION INITIATIVE 3

    KNITWEAR – OUR STRONGEST AND MOST

    IMPORTANT CATEGORY

    58.000 PCS. SOLD FOR 1407 (33% OF

    TOTAL TURNOVER IN PCS.)

    MANY WHOLESALE CUSTOMERS

    CONSIDER PART TWO TO BE THEIR

    MOST IMPORTANT KNITWEAR SUPPLIER

    KNITWEAR IS THE ESSENCE OF THE

    PART TWO DNA – AND HAS A PROVEN

    RECORD AS A BESTSELLER CATEGORY

    FOR AUTUMN AND WINTER

    COLLECTIONS WE WILL FOCUS ON

    EXPANDING THE RANGE OF STYLES

    AND QUALITIES

  • 11

    COLLECTION INITIATIVE 4

    OUTERWEAR – HUGE POTENTIAL

    11.000 PCS. SOLD FOR 1407 (6% OF

    TOTAL TURNOVER IN PCS.)

    WE CAN DO BETTER

    INCREASING OUTERWEAR RANGE –

    LOWER GROSS MARGIN

    THIS IS A FURTHER INITIATIVE TO

    INCREASE AVERAGE ORDER

    SIGNIFICANTLY

  • HEADLINE

    Main

    Collection

    PRE PRE

    Month Jan Feb Mar Apr Apr May Jul Aug Sep Oct Oct Nov

    Caps 1A 2A 3A 3B-4A 4A-4B 5B 7A 8A 9A 9B-10A 10A-10B 11B

    Split per capsule 33% 34% 33% 45% 34% 21% 33% 34% 33% 50% 45% 5%

    Basic

    Core

    Profile

    Number of Styles 35 35

    Number of Access. 5 5

    Total Size of collection 175 40 175 40

    Exp

    ress

    Express 15-20 styles 15-20 styles

    SSP

    Instock - Never out os stock 15 -20 styles 15 - 20 styles

    140 145

    155 130 155 130

    20 10 20 15

    34% 45%

    33% 35% 33% 35%

    Pre

    -ord

    er

    33% 20% 33% 20%

    34% 45%

    Co

    llect

    ion

    Spring Collection Summer Collection + Prefall Autum Collection Winter Collection + Pre-Spring

    xx.01 xx.03 xx.07 xx.09

    MERCHANDISE FLOW – NUMBER OF STYLES

    12

  • 13

  • MARKETING – BRAND POSITIONING

    14

    POSTITION PART TWO AS THE

    POSITIVE LIFESTYLE FASHION

    BRAND – THAT IS DESIGNED FOR

    ”AUTHENTIC MOMENTS”

    COMMUNICATE DIRECTLY WITH

    TARGET GROUP:

    WOMEN AGED 35-50, FEMININE,

    ROMANTIC, PRACTICAL, FAVOUR

    THE SINCERE AND TIMELESS AND

    ENJOY GOOD THINGS IN LIFE

    – NOT TOO FASHIONABLE, NOT

    TOO YOUNG, NOT TOO

    EXPENSIVE

  • 15

    MARKETING – FROM FASHION TO LIFESTYLE POSITIONING

    Where we come

    from (2012/13)

  • 16

    MARKETING – FROM FASHION TO LIFESTYLE POSITIONING

    Today (2014)

  • 17

    WHOLESALE:

    NEW CUSTOMERS INCREASED PARTICIPATION ON FAIRS

    EXISTING CUSTOMERS:DEVELOPMENT OF SHOP IN SHOPS &

    SOFT SHOP CONCEPT

    FOCUS ON BRAND BUILDING/MEDIA SPEND AND PR

    INITIATIVES ON SCANDINAVIAN

    KEY MARKETS (LIMITED ACTIVITIES)

    MARKETING

    SALES CHANNEL FOCUS

  • 18

    RETAIL

    DELIVER MATERIAL AND

    MERCHANDISE/MARKETING SUPPORT

    TO INCREASE SELLING OUT OF PART

    TWO

    ENSURE BRAND VISIBILITY IN RETAIL

    COMMMUNICATION – BOTH

    COMPANYS AND CONCESSIONS

    PART TWO MERCHANDISING – SELL OUT FOCUS – IN COMPANYS

    PART TWO NATIONAL ADVERTISING – SELL OUT FOCUS – IN COMPANYSPART TWO ADVERTISING – ÅHLENS SWEDEN

    MARKETING

    SALES CHANNEL FOCUS

  • 19

    E-COMMERCE:

    DESIGN NEW WEBSITE JAN 2015

    NEW CUSTOMERS - FOCUS ON HIGH

    TRAFFIC TO WEBSHOPM AND INCREASE

    ACTIVITIES ON SOCIAL MEDIA – FACEBOOK

    AND INSTAGRAM

    INCREASE SIGN UPS FOR NEWSLETTER

    (SIGN UPS TODAY: 15.000)

    EXISTING CUSTOMERS - FOCUS ON

    HITRATE AND BASKETSIZE AND INCREASE

    OPENING RATES, INCREASE CLICK

    TRHOUGH BY OPTIMISING CONTENT AND

    LAYOUTW

    EB

    SH

    OP

    NE

    WS

    LE

    TT

    ER

    S

    MARKETING

    SALES CHANNEL FOCUS:

  • 20

    PR/SOCIAL MEDIA:

    - PR SETUP FROM COPENHAGEN - COVERING

    DENMARK, SWEDEN AND NORWAY

    - FULL PR FOCUS IN DENMARK

    PR FOCUS ON SELECTED MEDIA IN SWEDEN

    AND NORWAY

    - AMBASSADOR PROGRAM TO BE INITIATED

    - DESIGN COLLABORATION WITH NORWEGIAN

    ARTIST CATHRINE KNUDSEN – FOCUS ON

    NORWAY, BIGGEST WS MARKET

    - INCREASED FOCUS ON BOTH INSTAGRAM AND

    FACEBOOK – FOR BRAND AWARENESS AND

    POSITIONING (MAINLY DRIVE TRAFFIC TO

    WEBSHOP)

    INSTAGRAM: 2551 FOLLOWERS

    FACEBOOK: 4664 LIKES

    MARKETING

    SALES CHANNEL FOCUS:

  • Hang tags and labels explaining the fit

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