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Fashion Retail

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

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