Fashion Retail
Businesses specializing in the sale of clothing, footwear, and accessories, ranging from fast fashion to luxury brands.
Business Characteristics
- Seasonal collections
- Trend forecasting
- Visual merchandising
- Brand identity
- Omnichannel retail
- Personal styling
- Sustainable fashion
Business Challenges
Fast-changing trends
Impact: Need for quick inventory turnover
Sustainability concerns
Impact: Pressure for ethical production
E-commerce competition
Impact: Pressure from online retailers
Growth Opportunities
- Sustainable fashion
- Personalized shopping
- Omnichannel integration
- Rental and resale models
- Digital fitting rooms
Available Grants
Core Capabilities Grant
Relevance:
Develop expertise in fashion retail operations.
Transformation Potential:
Implement comprehensive training in retail management.
Up to 70% Funding Support
Innovation & Productivity Grant
Relevance:
Adopt advanced retail technologies.
Transformation Potential:
Implement AI-powered retail systems.
Up to 70% Funding Support
Market Access Grant
Relevance:
Expand services through digital platforms.
Transformation Potential:
Develop online retail tools.
Up to 70% Funding Support