CASE STUDY
Finding the Right Partner for an Apparel Specialty Retailer(s) in China
The client, a Europe-based specialty apparel retailer, had determined its opportunity and positioning in China and had decided to enter the market through a partnership agreement.
Solutions
- Identified all potential partners the client could work with
– Identified 20 shopping malls in Shanghai and Beijing that the client was targeting for entry
– Identified the 700 apparel brands present in those malls
– Researched each brand to identify the 240 partner companies that these brands are working with, and which have a demonstrated ability to enter top real estate locations
- Provided a ranked shortlist of partners, based on:
– Partnership models used
– Brand building capability
– Distribution performance
– Portfolio synergies with our client
- Conducted outreach with shortlisted partners to gauge interest in the client’s brand, styles and overall concept
– Worked with client to produce pitch materials
– Identified and contacted decision makers at key brands
– Conducted initial follow-up, answered questions and coordinated the client’s responses
- Arranged introductory meetings with 10 interested, prequalified qualified partners in Hong Kong and Shanghai
- Follow-up after meetings with three partners selected by the client for continuing discussion
– Facilitate follow-up meetings and communication
– Collection viewing
– Guidance and recommendations around partnership models and terms
– Suggestions of brand development proposals
Our Process
Partners Search
Selection Process
Finalization
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