Title: Peter McGrath
1Peter McGrath Exec. Vice President Director
Private Brands Division
2Why Private Brands?
- Strategy Direction
- Value Strategy
- Creates Differentiation
- Controls our Destiny
- Focus on the Customer
- Worldwide Sourcing Leveraging Size Scale
- Innovation through Technology
- Allow the Customer to Choose
3Private BrandsCreating a Point of Difference
- Role of Private Brand
- Value
- Profitability
4LifeStyle Merchandising
- Brands clearly defined to fit a specific customer
LifeStyle - Marketing and visual elements reinforce the
LifeStyle message sending a clear message to the
customer - Improve adjacency in the store for ease of
shopping
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6Brand Management
7Private Brand Produce Development Process
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11Jacquards Embellishment
12HOW DID WE DO?
- Did we hit all the key Trends?
- What Trends did we miss?
- Did the Trends meet our expectations?
13- Attendees
- Design Director
- Trend Director
- Fabric Director
- Designers
- Prod. Dev. Director
- Product Managers
- Sourcing Director
- Color Specialist
Color-Fabric-Trend Work-session by Brand
14Core Product Work-session
- Core Product Packages (communication tool on
total product details) - Initiate beginning CAD work
- Preliminary supplier matrix
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16Trend Design Work-session
Establish Color Standard by Brand
17Communication Collaboration
- Product Development Meeting
- Strategic review by brand
- Seasonal Trend Overview Meeting (Brand
Level) - Communicate initial trends, big ideas, must haves
colors for the season - Provide trend direction
18Communication Collaboration
Merchandise Action Team (MAT) Design Work-session
- Agreement on Season from European trip
- Development Line Plan
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22Seasonal Midpoint Design Work-session
- Brand concepts and assortments reviewed, updated
and approved by Design Director and Product
Development Director
23Seasonal Brand Work-session
- Prioritization of trends and must haves
- Initial capacity plans
- Preliminary buy dates
- Developmental line plan updated
- Initiate new packaging
- Costing complete on core product packages
24 Core Mini Full Fashion Reverse
25Concept Sample Trip to the Far East
26Concept Sample Work-Session
- Final review and edit of product development
27Execute / Complete Product Packs Due
28Final Product Development Meeting with Sales
Meeting members consensus support
29Costing Worksheets Buy Dates
- Costing finalized
- Buyer assortment plans
- Buys placed
30Seasonal Trend Overview Meeting National and
Private Brands
31 - Apparel Design Approval Report (ADAR)
32 - Final Pre-production sample
33Weekly MAT Meetings
Merchandise Action Team
Product Development
Communication
34Peter McGrath Exec. Vice President Director
Private Brands Division