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Week 3 Final Project: Merchandise Assortment: Tailored, Designer and Outerwear

Season:

Task 1: Merchandise Mix

Step #1

Product Category

% of Mix

Justification based on Target Market and Season

Tailored

20%

Our target market could use tailored products for F/W 14 . Trendy suits that they could wear to events or even work meetings.

Casualwear

40%

Casualwear is a must for our target market , most of them are entrepreneurs who own their own businesses and don’t necessarily need to dress up in suits at their offices , even for when they hang out with the family or go outdoors for their hobbies.

Tailored Outerwear

15%

Tailored outwear is needed but not as much as the other two products, some of our customers would have an interest in Tailored outerwear.

Casual Outerwear

15%

The same goes for Casual outerwear . It might not be much needed for the Los Angeles area but for our customers who travel or for the cold nights of LA it would be smart to carry outerwear.

=100%

Step #2:

Based on your target customer, choose product categories, and choose percentages of mix that will be designer brands and/or private label for each retail category.

* Note- you must choose at least 2 product categories, and percentages should add up to 100% for each item in each price category. Delete the title for the price categories you are not using. The first row is filled out as an example-replace with your own choices.

Budget or Moderate

Moderate or Better

Product Category

Y/N

% Designer

% Private Label

% Designer

% Private Label

Suits

Y

10%

90%

70%

30%

Blazers

Y

10%

90%

80%

20%

Dress Pants

Y

10%

90%

80%

20%

Dress shirts

Y

5%

95%

90%

10%

Ties

Dress socks

Belts

Pocket Squares

Explanation of above percentages, including pros and cons for designer vs. private label:

Task 2: Designer Choices

*Note- select 2 product categories from Step #2 above. Recommended categories are suits or blazers, and shirts or ties.

Price Category #1:

Product Category #1:

Designer #1:

Price Range:

Explanation of choice:

Pictures (at least 2):

Product Category #1:

Designer #2:

Price Range:

Explanation of choice:

Pictures (at least 2):

Product Category #2:

Designer #1:

Price Range:

Explanation of choice:

Pictures (at least 2):

Product Category #2:

Designer #2:

Price Range:

Explanation of choice:

Pictures (at least 2):

Price Category #2:

Product Category #1:

Designer #1:

Price Range:

Explanation of choice:

Pictures (at least 2):

Product Category #1:

Designer #2:

Price Range:

Explanation of choice:

Pictures (at least 2):

Product Category #2:

Designer #1:

Price Range:

Explanation of choice:

Pictures (at least 2):

Product Category #2:

Designer #2:

Price Range:

Explanation of choice:

Pictures (at least 2):

Task 3: Outerwear Assortment

Product Category and explanation for why these will be appropriate for target market

Pictures of garments to represent assortment.