• VINSIGHTS

    2018 – The fashion industry at a glance…

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    December 2018

    While there have been concerning times for fashion throughout the year, the outlook on the coming year is somewhat much more positive, with businesses set to embrace the changes and see them as new opportunities, challenges and developments rather than threats.

    The year has seen changes that are re-shaping the industry – such as increases in apparel/footwear sales in emerging markets, the shift from traditional ‘bricks & mortar’ retailers to online/ecommerce channels, coping mechanisms retailers and brands have had to adopt to survive in an increasingly competitive market and a greater awareness and push on the importance of becoming more sustainable.

    Not only have we seen an increase in store closures, but we have also seen a decrease in new store openings – leading to interest in how consumer behaviours are evolving over time. With declining numbers of stores on the high street, figures have soared for sales through ecommerce channels, with some retailers even opting to transition their business to being 100% online. In 2017, online-only sales increased by 15.9% - something that is set to rise in the coming years.

    We are looking forward to holding our next event in the new year with Google, focusing on how retailers/brands can increase awareness of their brand through utilising the digital marketing space.

    The news has been littered with recent stories of how big name retailers are struggling to cope with an ever increasing competitive market… with some not surviving. We are often seeing brands that have dominated the high street for many years being beaten by the newer, emerging fast fashion brands who seem to attract more customers than ever before. Retailers are having to change their approach and find new ways of sustaining customer loyalty in a market where consumers have so many choices – often at a lower price point and more convenience.

    In September, Vohs&Co held a table at a breakfast event with Archie Norman, Chairman at Marks and Spencer, which shed a more positive light over the industry, giving an insight into how he is strategically turning around the fortunes of M&S in a 3-5 year plan.

    With the concerns over sustainability and the future of the planet an ever growing topic of discussion - not only within the fashion industry, but across the board - we have seen an increase in the demand from retailers wanting to elect fashion professionals into positions fully focused on sustainability, ethical compliance and corporate responsibility – proof that retailers are addressing and acting upon the concerns many have about the environmental impact the apparel industry is having on the planet. During our most recent event, where many retailers/brands joined us in discussing new developments to technology which provide a much more sustainable textile manufacturing process, we highlighted just why it is so important to change the way we take garments from the initial design to the shop floor. The article on our Textile Sustainability Event can read in full at https://www.vohsandco.com/vinsight-whats-new.html

    All be it a challenging year, we do feel that the industry is evolving in a positive way, with retailers being urged to ‘think digital-first’, ‘satisfy consumer demands for radical transparency and sustainability’ and ‘achieve ever-faster speed to market’ – as explained in the McKinsey report ‘The State of Fashion 2019: A year if awakening’ https://www.mckinsey.com/industries/retail/our-insights/the-state-of-fashion-2019-a-year-of-awakening

    The team at Vohs&Co are continually developing, learning and working effectively with the changing market place – be it in form of Consultancy, Executive Search or Global Talent Resourcing across our key areas,including Design, Production and Technical, Wholesale, International and Executive, Buying, Merchandising and Sales and Retail Operations and VM.

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    February 2018

    Vohs&Co Celebrate 6 Years and New Website!

    V&C New Website Vohs&Co are pleased to announce the launch of our new website which is now live! Thank you to FX Recruiter who worked tirelessly with the business to provide a simple yet effective platform. We hope you enjoy using the site.   V&C Events Vohs&Co events team have been focused on providing ‘Thought Provoking Content’ for the Fashion Retail Industry. In April 2019 we look to host Vohs&Co’s next event with a discussion on “How best can we embrace innovation and modern technology within the garment Manufacturing process to create 100% sustainable and ethically produced garments”. As we explore this interesting subject further we will be hosting a breakfast Q&A with Jeanologia from Valencia, Spain and Sartex from Monastir, Tunisia. Jeanologia ( https://www.jeanologia.com) Are the pioneers of innovative washing techniques and processes and have transformed the textile industry with its disruptive technologies (laser and eco systems) that enhance productivity, reduce water and energy consumption and eliminate damaging emissions and waste, guaranteeing ZERO contamination. Sartex – One North Africa’s Largest Denim producers and Tunisia largest export of bottom weight washed garments, Sartex (http://www.sartexgroup.com/about) founded in 1984 produce 4 million garments a year (Supplying Brands such as Timberland, Hugo Boss, Paul Smith, Fat Face, Guess, Calvin Klein, Donna Karen plus many more) Sartex have implemented Jeanologia washing process and intelligence and have successfully applied them to their manufacturing facilities. We look to forward to our forth coming event again around the important subject of Sustainability,   Vohs&Co Celebrates 6 Years! ‘’Matthew I’m telling you we have 20 years of experience & knowledge with a great network, we are introducing people all the time, it would be madness not to put all of this energy and passion into a Recruitment company’’ I said 6 and a half years ago. Matthew and I have never looked back. Today we celebrate 6 years of Vohs&Co and WOW what an amazing journey we are on. We are learning, growing and evolving every day. Our team are superb and share our passion and enthusiasm. Thank you to all our clients and candidates old and new who support us by coming back, or approach us to help them grow their business. I can honestly say every day is different, we consult, offer advice and host events related to the industry, whether it’s about sustainability or digital, and most of all we place great people in great jobs! #vohsandcoturns6

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    January 2018

    4 Reasons to Consider Wholesale

    Sadly many candidates fail to consider fully the benefits of a stint or a career in wholesale. I started my career working for a wholesaler and if I weren’t running my own fashion retail recruitment consultancy I would head back into the supply chain like a shot. Wholesale has two shortcomings relative to a career in retail. It lacks the perceived glamour of retail and it doesn’t offer the wider benefits package or bonus that are common in retail. However, there are numerous reasons why a couple of years experience or a career in wholesale is something you should consider. Here are my top four: 1. From concept to the high street – working for a wholesaler means you get to be a part of the whole product lifecycle from conception through production and seeing it onto the high street. Being involved in a product at every step of the way is one of the most satisfying experiences I have ever discovered. 2. Exposure to multiple customers – working for a wholesaler you get exposure to multiple retailers giving you a good overview of the very different cultures and benefits of different companies as well as a black book of contacts that can make you the envy of the industry. Many candidates develop a much clearer idea of who they do and don’t want to work for after a stint in the supply chain – and often it is not who they originally thought. 3. Exposure within the business – wholesale roles tend not to be siloed and companies generally aren’t hierarchical giving you both exposure to the whole of the business and the ability to shape and really make an impact on the company. 4. Opportunity and variety – because everyone works so closely together as part of a team within wholesale you are able to see what people do on a daily basis in a wide variety of roles. This could open your eyes to different roles that you may not have known about before. Working so closely with the factories can be an important for your career. Having a good understanding of what goes on ‘behind the scenes’ and gaining off-shore experience is invaluable while getting the opportunity to visit the factories makes your CV even more attractive! Wholesale is fast paced. Companies tend to be smaller and successful ones grow rapidly providing fantastic opportunities for those who want to seize them. But, for me, the thing that makes wholesale so rewarding is the ability to make fashion happen. I love the journey from creating concepts, to turning them into samples, then securing orders, before putting them into production and ultimately seeing them fly off the shelves. In the unlikely event I ever stop enjoying recruiting for supply chain roles then my final task will be to place myself at an up and coming wholesaler. Depending on your aspirations, some stages of your career may be better than others to work in the supply chain.

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