• EP 24 What They Don’t Teach You in Fashion School
    Nov 24 2024

    In this episode of Thrive in Fashion, Elisabeth Mac Hale reveals the realities of fashion buying that aren’t taught in classrooms. Elisabeth breaks down common misconceptions, from the allure of glamour to the heavy focus on sales data and spreadsheets.

    She shares her insights and experiences as a buyer, highlighting the balance between creativity and commercial strategy, and how market knowledge and customer insights are essential for success. Packed with real-world examples, this episode is a must-listen for aspiring buyers, fashion students, and anyone eager to thrive in the retail buying office.

    FREE DOWNLOAD >>

    https://learn.thriveinfashion.com/buyers-30-tips-register


    If you would like to make your fashion buying kowledge Industry ready from Concept to Customer check out the link below


    ⁠Thrive in Fashion Buying & Merchandising Course
    Mehr anzeigen Weniger anzeigen
    19 Min.
  • Ep 23 How to Accelerate Career Growth in Buying & Merchandising
    Nov 18 2024

    In this episode of the Thrive in Fashion Buying and Merchandising podcast, host Elisabeth Mac Hale answers some of the most frequently asked questions about career growth in the fashion industry.

    Whether you’re a junior buyer looking to advance or a seasoned professional seeking a fresh perspective, this episode is packed with valuable insights.

    Elisabeth discusses essential skills for advancement, strategies for transitioning into mid-level and senior roles, and ways to foster growth outside of work. She also addresses feelings of being “stuck” in a role and emphasizes the importance of mentorship. Tune in for practical tips and resources that can help you accelerate your career path in buying and merchandising!


    If you would like to lern and develop your fashion buying skills and how develop products from Concept to Customer check out the link below

    ⁠Thrive in Fashion Buying & Merchandising Course
    Mehr anzeigen Weniger anzeigen
    13 Min.
  • Ep 22 Essential Buyer Metrics for Smarter Decisions
    Nov 11 2024

    In this week's Thrive in Fashion Buying podcast episode, Elisabeth Mac Hale breaks down some key metrics every fashion buyer must understand to optimize inventory, make data-driven decisions, and maximize profitability. Discover how to use metrics like Sell-Through Rate, Weeks of Supply, Inventory Turnover Rate, and Markdown Rate to fine-tune your buying strategy.

    Elisabeth provides examples of these metrics in action, helping you grasp their impact on sales performance and profitability. Whether you’re aiming to boost sell-through, improve cash flow, or reduce markdowns, this episode equips you with the insights to excel in your buying role.

    Tune in for actionable tips and elevate your data-driven strategy today!

    If you would like to lern and develop your fashion buying skills and how develop products from Concept to Customer check out the link below


    ⁠Thrive in Fashion Buying & Merchandising Course
    Mehr anzeigen Weniger anzeigen
    15 Min.
  • Ep 21 How To Prepare Your New Season's Buying Strategy
    Nov 5 2024

    Episode 21 of the THRIVE IN FASHION podcast dives into the preparation and strategy of seasonal planning for fashion buyers. As we transition from AW24, Elisabeth Mac Hale shares actionable steps to ensure you are prepared and strategically set for the upcoming buying season.


    In this episode, Elisabeth discusses:

    Reviewing Current Season Performance: Learn how to evaluate your best and worst products, spot trends, and gather critical insights to inform your next buying decisions.

    Setting Clear Goals and Budgets: Why it’s crucial to establish your goals early and how to approach initial budgeting, leaving room for flexibility and growth.

    Identifying Key Trends and Customer Insights: Understand how to select the most relevant trends for your brand, considering both fashion and broader socioeconomic factors.

    Planning Your Buy by Category: Tips on managing quantities, sell-through rates, and getting your product mix right for maximum impact.

    Creating a Timeline and Critical Path: Mastering the art of staying on schedule from sample approval to product delivery, and why timing is everything.

    Get ready to streamline your planning process and set yourself up for a successful season ahead. Here is a Link to the FREE checklist

    ⁠Plan Your New Season Checklist


    If you would like to develop your fashion buying skills and Learn more in-depth about how to develop products from Concept to Customer check out Elsabeth's Course via the link below

    ⁠Thrive in Fashion Buying & Merchandising Course


    Mehr anzeigen Weniger anzeigen
    19 Min.
  • Ep 20 Learn the key components of costs and pricing
    Oct 31 2024

    In this episode of the Thrive in Fashion podcast, host Elisabeth Mac Hale explores essential pricing strategies and costing fundamentals for fashion buyers, whether you’re managing a large retail business or running an independent boutique.

    Elisabeth breaks down the key components of pricing, from cost of goods to landed costs, and explains critical differences between gross and net profit margins. Tune in to learn how mastering the pricing process drives profitability and brand success.


    If you would like to lern and develop your fashion buying skills and how develop products from Concept to Customer check out the link below


    ⁠Thrive in Fashion Buying & Merchandising Course
    Mehr anzeigen Weniger anzeigen
    13 Min.
  • Ep 19 Understanding Markup and Profit Margins in Fashion Buying
    Oct 20 2024

    In this episode, host Elisabeth Mac Hale tackles a key concern for many branded buyers: maintaining healthy profit margins when designer brands come in with lower markup multipliers. Elisabeth explains what a "good" markup is and what to do when you’re faced with designer brands offering much lower multipliers.

    Learn how to balance profitability with brand appeal, strategies for negotiating better terms, curating your assortment strategically, and how to compensate for lower margins by driving value elsewhere. This episode will give you practical insights to keep your margins strong while staying true to your brand mix.

    Tune in to discover actionable strategies for managing markups and maintaining profitability in fashion buying!

    If you would like to lern and develop your fashion buying skills and how develop products from Concept to Customer check out the link below

    ⁠Thrive in Fashion Buying & Merchandising Course
    Mehr anzeigen Weniger anzeigen
    12 Min.
  • Ep 18 Why Accurate Technical Packs and Specifications are required in Fashion Buying
    Oct 16 2024

    In this episode, Elisabeth talks about the essential role of technical packs in fashion buying and design. Discover why providing accurate technical specifications is vital for the success of any fashion product.

    Learn the key components of a comprehensive tech pack, including design sketches, bill of materials, measurements, construction details, colorways, and quality standards.

    Understand the consequences of inaccurate or incomplete tech packs, such as production delays, increased costs, and quality issues.

    Listen to this insightful episode that can elevate your fashion projects and streamline your production process.


    If you would like to develop products your fashion buying knowledge and skills check out the link below for the

    ⁠Thrive in Fashion Buying & Merchandising Course


    Mehr anzeigen Weniger anzeigen
    14 Min.
  • Ep 17 How to prepare for your range sign off presentation
    Sep 16 2024

    In this episode of the Thrive in Fashion Podcast, host Elisabeth Mac Hale shares the critical steps necessary for a successful range sign off presentation. A well-planned, balanced, and commercial range plan can make or break a sales season. Whether you're an experienced buyer or new to the role, mastering these points will help you navigate your next product line review with confidence and precision.


    Key takeaways from this episode include:


    Do Your Homework: Understand your category, competition, and market changes to anticipate customer needs.

    Plan your Budget: Align your range plan with your budget, measure effectiveness with KPIs, and identify growth opportunities.

    Know Your Facts & Figures: Analyze sales history, pricing strategies, and customer feedback to make data-driven decisions.

    Prepare Your Samples: Ensure high-quality, visually appealing samples and leverage technology to enhance your presentation.

    Don't Panic, Stay Confident: Prepare thoroughly, practice your presentation, and handle questions and feedback with poise.

    Each range review is an opportunity to learn, improve, and ultimately contribute to your success as a buyer.


    If you would like to learn more about how to develop products from Concept to Customer check out the link below

    ⁠Thrive in Fashion Buying & Merchandising Course
    Mehr anzeigen Weniger anzeigen
    14 Min.