Comparing the top 3 fashion retailers

In today's email: how the top 3 retailers use the quarter breakdown to their advantage, the use of avatars for showcasing fashion

THE BIG IDEA

?? Yesterday, as I was reading Fast Retailing Q4 results, I realised something odd. Somehow, I wasn't prepared to receive a full-year report by mid-October. 2022 hasn't even finished. What's going on?

?? So I decided to look into it... and this is what I found:

?? Inditex集团 , H&M and UNIQLO are using a different financial calendar. When they say Q4, they mean absolutely different things.

?? But, why am I obsessed with quarters? Because fashion has a great degree of seasonality and the last months of the year tend to account for a great deal of the total numbers. Missing the targets on any of those months usually means missing the full year.

?? Inditex starts right after that peak period, H&M right before commencing (although Black Friday is getting more track), but Uniqlo is starting right after returning from vacation. Which one is best?

??All of them are appropriate, but what you can't do is compare them!

???What do you think about this? Please have a say and SHARE or COMMENT

MOST RELEVANT

?? The technology is progressing more rapidly than anyone thought and, consequently, 3D avatars are getting traction. More and more companies, especially those in the digital fashion arena. This article brings you to a new reality of using 3D avatars for fashion.

@Louis Vuitton created a magnificent #metaverse game called Louis the Game with the history of the company. You have to play.

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