Fashion Designer Business Plan

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Geographic Region

New York & Chicago

City Size

100,000+

Urban/Rural

Urban

Climate

All

Demographic Age

25-45

Sex

Female

Family Life Cycle

Single or Married with and without children

Income

$100,000+

Education

Bachelors, Masters, Doctorate

Occupation

All: Creative fields in particular

Religion

All

Ethnic Background

All

Psychographic Social Class

Upper Class, Lower Upper Class, Upper Middle Class

Personality

Confident, independent, fun, outgoing, strong

Lifestyle

Art enthusiast, music lover, traveler

Consumer Behavior Benefits Desired

Exclusivity, high quality, craftsmanship, materials, unique designs

Usage Rate

15%-20%












Strengths

Weaknesses

•High quality fabrication and craftsmanship •Themed collections and inspiring themes in her designs •Close attention to detail with embroidery •One of a kind pieces/ the exclusiveness •Professionalism

•Limited business knowledge •Lack of time for embroidery •Hard for customers to shop due to few pieces/ no ecommerce site •Small customer base and list •Limited media presence •Online presence •No product in retail stores

Opportunities

Threats

•Attending fashion shows •Meetings with industry individuals •Upcoming competitions •New boutique openings •Get Agnes on trade shows

•PETA animal rights/ she wants to be limited •More complicated designs need to be shipped to New York •Fluctuating market prices


Designer

Rick Owens

Balenciaga

Haizhen Wang

Margiela Couture

Product

Dress

Dress

Dress

Dress

Price

$3,000

$9,000

$6,000

$8,000

Place

Barneys & Rick Owen Boutiques

Balenciaga Boutiques

Haizhen Wang Boutique

Neiman Marcus & Margiela Boutiques

Promotion

Sales & Markdowns

Sales & Markdowns

Sales & Markdowns

Sales & Markdowns

Distribution

Boutiques & Online

Boutiques

Boutiques

Boutiques












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