IK Retail Group is not merely a consulting company. Unlike most agencies, which are stringent in their suggestions, IK Retail Group will customize to meet to your specifc needs. We are direct and opinionated, based on experience of success with a variety of brands. IK Retail Group is on the front lines, overseeing all aspects of Retail Operations for you. We are a hands on and results oriented company who has shown growth, consistent productivity, and longevity with many concepts such as United Colors of Benetton, Sisley, Maxmara, Andrew's Ties, Cafe Milano, Sette Osteria, M Cafe and Famoso Restaurant & Lounge. Today our company has taken on new exciting concepts such as Piazza Sempione, DNA 2050 Concept Store, G-Star and Billionaire Italian Couture.
Consulting - IK Retail Group is with you every single step of the way. We manage the brand as if it was our own. We explore, we think, we strategize, we deliver and we implement. Look to us as your trusted partner and advisor leading the way to a successful journey into America.
Sales, Personnel and Marketing - IK Retail Group is responsible for generating Sales through staffing the stores with the most productive Retail professionals in the business. We will also ensure that the Marketing strategy is always conducive to impacting the store's Sales volume. In addition to building clientele, this department ensures that once customers are won, they are kept for life.
Accounting - This department processes payroll, payments to vendors for all store Operations and provides monthly fnancial statements to clients to ensure consistency with the set budget.
Operations/Systems - We ensure that all stores are operating in a uniform, standardized fashion, and in a cost efficient way. Our Retail System for the point of sale and reporting is one of the best on the market! We use a proprietary Automated Sales Data System, which will enable you to access Sales Performance and any other information, live at all times. This will in turn, enable you to react to production and restock needs quickly, which is critical in the fast paced and rapidly shifting environment surrounding Retail Sales.
Purchasing - IK Retail Group examines, selects, orders, and purchases merchandise, consistent with quality, quantity, specification requirements and other factors. We analyze and monitor Sales records, trends and economic conditions to anticipate consumer buying patterns and determine what the company will sell and how much inventory is needed. We review performance indicators with Sales; manage plans for stock levels, reacting to change in demand and logistics. We conduct meetings with Sales Personnel, introduce new products. We set or recommend mark-up rates, mark-down rates, and selling prices for merchandise.
Visual Merchandising - We coordinate procedures, manage layout and develop Visual Presentation based on brand's standards. IK Retail Group provides on-site training for all staff including management and Sales Personnel concerning the coordination, supervision and implementation of display and Visual Merchandising functions. We identify merchandising trends and create store plans and strategies based on market offerings and buyer's commitments. We develop and prepare required guidelines, supplements and instruction manuals.
Wholesale Services - IK Retail Group assembles and manages the wholesale distribution for major fashion companies to sell to multiple retailers in the North American market. We organize and coordinate participation for all of the major fashion trade shows, with a full sales team to contact and follow up with clients, using our data base which includes all major buyers for department and specialty stores and online retailers. By evaluating each style we edit collections and determine the final price list to maintain healthy margins while remaining competitive to other brands. We manage all orders placed by clients, collecting payments, pick and pack from our distribution center, and shipping to the customer. We provide superior customer service and build strong partnerships with retailers to increase sales.
Real Estate - Through three decades of completing Retail Real Estate transactions and developing shopping centers, IK Retail Group has developed a supreme expertise to locate and negotiate the Real Estate deals and expansion plans, specifically tailored to your concept's target market. We work within the guidelines of each clients goals to locate suitable locations with the nation's leading Retail Developers coast to coast. We bring our talents and relationships with interior designers, graphic designers, and contractors to design, construct and furnish space to sell your products in a suitable and attractive environment.
Making your ideas a reality