Fashion, Luxury & Retail
Running a business in the fashion, luxury and retail sectors comes with a unique set of challenges. Vacillating preferences, buyer behaviour and consumer trends, along with the significant investment in the creative process, product development, product trial and stock requires businesses to be agile. In turn, this creates all sorts of challenges in buying strategies, supply chain management, global sourcing, stock management and cash flow that we support clients to navigate.
Holman Hodge are fashion, luxury and retail specialists. We’re experts in supporting fashion, luxury and retail businesses to position for growth, with clients including bespoke designers and creatives, speciality stores and retailers. We assist clients to establish reliable systems for informed decision-making, analysing sales, cost structures, profit margins, pricing strategies and inventory.
We look at things differently
The commercial landscape in the fashion, luxury and retail sector necessitates adaptability and creativity. We work with you to ensure that your creative vision is underpinned with the systems, processes, and procedures, accounting practices, planning and reporting systems that provide the right platform to drive your success.
Start up
Establishing a business in the fashion, luxury or retail space often require significant investment, so ensuring that you have the right business structure to achieve your goals and mitigate risks is important. Holman Hodge works with you to understand your goals and create a business entity, accounting structures and operational foundations for your success.
Manage & grow
As your business expands, introduces new ranges or styles, you’ll be challenged with decisions to expand your team, invest in technologies, invest in new routes to market or promotional channels. Managing cash flow becomes crucial. Holman Hodge supports clients to manage working capital needs and develop an executable business strategy to scale and achieve your goals.
Transition options
Holman Hodge supports clients to plan for and manage transition options, whether you have a family business and plan to transition to the next generation or require guidance on the valuation and sale of your business.
Wealth management
While you are busy managing and growing your business, you need to consider your personal wealth accumulation and management. Holman Hodge are experienced in supporting you to balance your business growth and personal wealth accumulation, with strategies for business structuring, superannuation and estate planning.
Explore the range of services we provide to fashion, luxury and retail clients.
Get in touch to arrange a meeting with our fashion, luxury and retail accounting and advisory experts.