Menswear business plan

Gentlemen or those who aspired to be of that era emulated this image. To them it was successful, masculine, tasteful, and presented them as they wished to be perceived by the world they lived in. They sold quality merchandise at a fair and reasonable price—an even exchange of value for value.

Menswear business plan

With their tweed jackets and boxy suits, they embraced the Edwardian formality and unbending adherence to custom that ruled a man's wardrobe. Gentlemen or those who aspired to be of that era emulated this image. To them it was successful, masculine, tasteful, and presented them as they wished to be perceived by the world they lived in.

Besides the fashion statements they made, Herringbone's success was also attributable to an important principle. They sold quality merchandise at a fair and reasonable price—an even exchange of value for value. Their genteel image enhanced the value of their merchandise, and made Herringbone a reliable, trusted institution.

What do the young men of the emerging Generation X think of Herringbone today? They don't think of it. Men today value self-expression, individualism, and freedom; they choose to make their own identities rather than fit themselves into menswear business plan idealized mold.

There is no value for them in the confinement of an antique Edwardian aesthetic, unchanging decade after decade. There are few fashion rules for men today. But the principle of providing value for value remains as sound as it was in former years.

If a men's store is to be trusted and successful, it must, like Herringbone, be based on that sound principle.

Starting a Menswear Shop

Van Schaack is committed to do exactly that. The generation of men who grew up with MTV is a powerful market with growing incomes. They will determine the future of menswear business plan image-conscious retailers and their marketing strategies. As always in the competitive world of retail, you must change with the times or be replaced.

As for replacing obsolete concepts in the world of men's stores, Van Schaack is poised and ready. The targeted market is image conscious and wants fashionable clothing that has a youthful, sexy, and masculine image. The core customer will most likely work out at a gym on a regular basis.

This has given him a well-toned build, which he will want to show to its best advantage.

menswear business plan

Outside of work, he has an active, casual lifestyle of sports, the beach, the gym, bars and clubs and excursions with friends. He wants clothes that are versatile, attractive and becoming.

Our cues are taken from other successful, sexy, men's clothing operations such as Men Tour and Mike Kaplan.

menswear business plan

We borrow the best of these organizations: Van Schaack's emphasis will be on retail stores. Our five year business plan is the blueprint for our expansion to a multi-unit operation in urban areas where our core customers are concentrated.

We will grow our business selling a mix of moderate to better sportswear, active wear, and underwear-along with grooming cosmetics - in a casual, open and sophisticated environment. To a lesser degree, competition will also come from moderate price sportswear specialty stores such as Runway and moderate price department stores like Bachman, Crystal, Wolfgang, and Paolo.

The Van Schaack approach will be different from this point forward, in that, it will provide sport merchandise that is clean and classic, simple but sexy.

The colors and styling will be more masculine, avoiding the cheap and flashy.

THE CUSTOMER

The look will be more like Mike Kaplan, less like Men Tour. We believe this more masculine approach in merchandising will have a broader appeal and attract a more affluent customer. In addition, we will offer clothes that emphasize better quality and fit, elements that are conspicuously lacking in our main competitors' assortments.

Another category that will be developed beyond any men's store competitor will be grooming cosmetics.

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As one of the highlights of the merchandise strategy at Van Schaack, we will offer an expansive selection of products in this department.

Currently, no retailer offers anything approaching this concept. Cosmetic departments in large stores are all consistently aimed at women customers. Some lines, such as Blusher, and Silken, sell product lines designed for men.

However, these are not featured, and they are overshadowed by women's cosmetics. The emphasis in Van Schaack's cosmetic lines will be on better quality skin care particularly anti-aging productssun products, hair care, and bath and body products - not on fragrance. This department will most likely be called New Leaf.

The anticipated success of New Leaf is based on the premises that male customers prefer buying cosmetics in a store where everything is geared toward men, and that our core customer will strongly respond to a department specifically aimed at helping him look attractive, healthy, and youthful.Free Retail and Online Store Sample Business Plans.

Whatever type of retail store you're starting, a good business plan is essential. Get ideas from this assortment of sample business plans for clothing stores, online stores, e-businesses, gift shops, eBay, art galleries, and other retail businesses.

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VAN SCHAACK PRINCIPLE

Men's Clothing Retailer Business Plan; Men's Clothing Retailer BUSINESS PLAN VAN SCHAACK Marina Way Santa Barbara, CA Business owners' of this plan provide interested plan readers with two financial five year plans, the first being the most conservative. Selling moderate to better quality menswear with a sexy, masculine appeal.

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