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CASE STUDY FASHION RETAIL MARKETS EUROPE Established in 1974 Founded in Quebec, Canada Designer and manufacturer of women's apparel Specialized in plus-size and maternity wear Manufactured in Asia in socially compliant and safe production facilities PROFILE PARTNER COMPANY "Plus Apparel" have been designing and manufacturing clothes for over 40 years. In that time, they have developed long-term relationships with chains such as Walmart and Pennington's & Reitmans in North America. In order to further increase the sales and revenue, the company turned its focus towards Europe in 2016 and because of language benefits mainly engaged with the French market. "Plus Apparel" managed to start launch a partnership with a well-known French brand specialized in comfort clothing. despite the initial success in France, they realized the need for assistance in order to properly approach and understand the other European markets. After an initial meeting with EuroDev, "Plus Apparel" decided to start the introduction program to support their growth in Europe. INTRODUCTION GAME PLAN 4-MONTH INTRODUCTION PROGRAM Working with EuroDev showed the following benefits: Understanding of the competitive playing field in the European fashion market Removal of language barriers, providing fluent communication within EU timezones The identification and qualification of market potential Flexibility in planning and execution In order to make the European expansion a success, the EU team closely monitored the bigger picture of the apparel retail industry including sales channels and portfolios. With this information at hand they were able to qualify the right prospects: big enough to respect the expected MOQ, but also willing to establish a long-term partnership. To secure long-term success, the team handed over their recommendations for a new sales expansion strategy. The first steps to growth were made by setting up the multilingual sales team in the Dutch office, after they had received specialist product training at the "Plus Apparel" facility. Due to their extensive experience, the team was able to hit the ground running and start researching the size and trends of the fashion industry in Europe immediately. In addition to this, the EU team looked into the legal requirements for the products, as well as the possibilities of launching a new brand. In the first year of the partnership, it became evident that the European market was eager to both stock and distribute "Plus Apparel" products. The first order came from the biggest plus-size retailer in Belgium, which was the start of a longer-term relationship. The order consists of 3.600 pieces, with a replenishment program at the end. Currently, the EU team is in negotiations with several smaller boutiques all around France, as well as a large maternity brand. Discussions are also taking place with one of the biggest wholesalers in Germany to distribute "Plus Apparel". RESULTS Yann Ledroit Specialisms: Strategy and Logistics Languages: French, English and Spanish MEET THE BUSINESS DEVELOPMENT MANAGER WHAT MAKES EURODEV SPECIAL? Multilingual staff, dedicated to the partner's success The willingness to go the extra mile A full European business development range Cost-effective solution to grow the European presence Experience and network within the EU markets In order to keep growing in a sustainable way, the European team will keep approaching new parties in the Belgian and German markets for "Plus Apparel". Simultaneously, the team is conducting follow-ups with the potential partners all across Europe that had already been qualified and approached. As a result of the meetings and visits conducted by the team, a necessity for a local, efficient logistics partner in Europe was recognized. Engaging in a partnership with a 3PL would enable "Plus Apparel" to gain efficiency and flexibility as they can deal with the orders from the EU market as an when they are needed. Finding a suitable partner thus is the next step in their expansion strategy, whilst the team keeps offering the product to different actors in the highly competitive fashion retail market. NEXT STEPS Welcome Visit our offices in the Netherlands or France Contact us www.eurodev.com +31 546 66 00 00 Address Windmolen 22 7609 NN Almelo The Netherlands VP Retail Stephen Viljoen [email protected] +31 (0)546 660 000 WHY CHOOSE EURODEV? SALES OUTSOURCING Dedicated sales and marketing teams for North American manufacturers who want to expand in Europe EuroDev, established in 1996 with offices in The Netherlands and France, has a single, defined purpose to help mid-sized North American companies expand their business in Europe. We have created a proven, successful business development model and since our founding, we have partnered with over 250 companies to help them define and meet their European business goals. HR OUTSOURCING Professional employer organization services, HR management and recruiting solutions across the EU M&A CONSULTING Comprehensive buy-side services: research to deal- closing, for companies interested in European acquisitions

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Page 1: MARKETS EUROPE CASE STUDY FASHION RETAIL

CASE STUDY FASHION RETAILMARKETS EUROPE

Established in 1974Founded in Quebec, CanadaDesigner and manufacturer of women's apparelSpecialized in plus-size and maternity wearManufactured in Asia in socially compliant and safeproduction facilities

PROFILE PARTNER COMPANY

"Plus Apparel" have been designing and manufacturing clothes for over 40 years. In that time, theyhave developed long-term relationships with chains such as Walmart and Pennington's &Reitmans in North America. In order to further increase the sales and revenue, the companyturned its focus towards Europe in 2016 and because of language benefits mainly engaged withthe French market. "Plus Apparel" managed to start launch a partnership  with a well-knownFrench brand specialized in comfort clothing.

despite the initial success in France, they realized the need for assistance in order to properlyapproach and understand the other European markets. After an initial meeting with EuroDev,"Plus Apparel" decided to start the introduction program to support their growth in Europe.

INTRODUCTION

GAME PLAN

4-MONTH INTRODUCTION PROGRAMWorking with EuroDev showed the following benefits:

Understanding of the competitive playing field in the European fashion marketRemoval of language barriers, providing fluent communication within EU timezonesThe identification and qualification of market potentialFlexibility in planning and execution

In order to make the European expansion a success, the EU team closely monitored the biggerpicture of the apparel retail industry including sales channels and portfolios. With this informationat hand they were able to qualify the right prospects: big enough to respect the expected MOQ,but also willing to establish a long-term partnership. To secure long-term success, the teamhanded over their recommendations for a new sales expansion strategy.

The first steps to growth were made by setting up the multilingual sales team in the Dutch office,after they had received specialist product training at the "Plus Apparel" facility. Due to theirextensive experience, the team was able to hit the ground running and start researching the sizeand trends of the fashion industry in Europe immediately. In addition to this, the EU team lookedinto the legal requirements for the products, as well as the possibilities of launching a new brand.

In the first year of the partnership, it became evident thatthe European market was eager to both stock anddistribute "Plus Apparel" products. The first order camefrom the biggest plus-size retailer in Belgium, whichwas the start of a longer-term relationship. The orderconsists of 3.600 pieces, with a replenishment programat the end. Currently, the EU team is in negotiations withseveral smaller boutiques all around France, as well as alarge maternity brand. Discussions are also taking placewith one of the biggest wholesalers in Germany todistribute "Plus Apparel".

RESULTS

Yann LedroitSpecialisms: Strategy andLogisticsLanguages: French, English           and Spanish

MEET THE BUSINESSDEVELOPMENT MANAGER

WHAT MAKES EURODEV SPECIAL?

Multilingual staff, dedicated to the partner's success

The willingness to go the extra mile

A full European business development range

Cost-effective solution to grow the European presence

Experience and network within the EU markets

In order to keep growing in a sustainable way, the European team will keep approaching newparties in the Belgian and German markets for "Plus Apparel". Simultaneously, the team isconducting follow-ups with the potential partners all across Europe that had already beenqualified and approached.

As a result of the meetings and visits conducted by the team, a necessity for a local, efficientlogistics partner in Europe was recognized. Engaging in a partnership with a 3PL would enable"Plus Apparel" to gain efficiency and flexibility as they can deal with the orders from the EU marketas an when they are needed. Finding a suitable partner thus is the next step in their expansionstrategy, whilst the team keeps offering the product to different actors in the highly competitivefashion retail market.

NEXT STEPS

Welcome  Visit our offices in the

Netherlands orFrance

Contact uswww.eurodev.com

+31 546 66 00 00

AddressWindmolen 22

 7609 NN Almelo The Netherlands

VP RetailStephen Viljoen 

[email protected]+31 (0)546 660 000

WHY CHOOSE EURODEV?

SALES OUTSOURCINGDedicated sales and

marketing teams for NorthAmerican manufacturers

who want to expand inEurope

EuroDev, established in 1996 with offices in The Netherlands and France, has a single, definedpurpose to help mid-sized North American companies expand their business in Europe. We havecreated a proven, successful business development model and since our founding, we havepartnered with over 250 companies to help them define and meet their European business goals. 

HR OUTSOURCINGProfessional employer

organization services, HRmanagement and recruiting

solutions across the EU

M&A CONSULTINGComprehensive buy-sideservices: research to deal-

closing, for companiesinterested in European

acquisitions