modebranchen.NU NU International no. 01 2019 | Page 35

NO SEASON: Article A SUCCESSFUL CONCEPT FROM MINUS The Danish fashion company Minus' No Season concept, an addition to the traditional long-term collections, is a big hit. BY HELLE MATHIESEN The owners of Minus define No Season as a piece of gar- A skilled sales team two parts: A Never Out of Stock program with basic sty- - To make the No Season concept run smoothly, it re- ment that is unaffected by seasonality, which, as a re- The sales team at Minus is made up of skilled people les in classic colours as well as a Season program with quires the sales staff to have a chat with the buyers or sult, has a long life. The No Season concept consists of the same items but in the fresh, new colours of the sea- son. While the NOOS items are always in stock, products in the Seasonal concept are available only while stock lasts, which is typically a single season. - With our No Season concept, we can offer some of the same benefits as the popular express brands since we provide day-to-day delivery to the stores. This makes for stronger liquidity for stores as they avoid the risk of too much capital tied up in stock. The concept offers the same service as that of express suppliers, but we of- fer basic styles, which are always in demand, says Irena Riberholt Jørgensen, who owns Minus together with Chalotte Kjær Bruun. They acquired the brand and the company Minus A/S back in 2013. With many years of experience from the fashion industry, the two women knew from the start where they were going with the company. - The ambition of Minus is to provide modern and busy women with a wardrobe to suit any occasion. We con- with extensive retail knowledge. owners of the stores about the concept and the benefits they can gain from it. Ideally, the stores should have all sizes available. This requires continuous replenishment, which is done easily through our B2B portal. Moreover, our sales staff often makes visits to the stores and offers a helping hand with stocking up. This way, the store is always ready to generate additional sales from the ex- tensive range of basic styles we offer, Irena Riberholt Jørgensen explains. - When we talk to some of our new customers, we make sure to set up the No Season concept from day one and this way lay the foundation for a long-term relationship. Then we can send the first batch of No Season items and have it delivered to the store shortly after the buyer has returned from, say, a trade fair, says Chalotte Kjær Bruun. She adds that the No Season concept involves a certain amount of risk-taking for Minus. Risk-taking is necessary tinue to design the collections based on our own expe- - A couple of years ago, we made the strategic decision to collection of basic items, says Irena Riberholt Jørgensen. requires us to take on all risk and place orders many riences from being a modern woman. There is a strong demand for a functional wardrobe with an extensive From a single style to a family of products The No Season concept consists of trousers, blazer jackets, skirts, knits and a wide range of tops. - Often, one of our best selling styles is developed into a small line of bestsellers. Take our seamless lace top, for example. A cute and functional top with lace edging at the top. This style has been developed into a line of five different styles, all based on the original top, which sold exceptionally well in all markets. The different styles all come in basic colours in the NOOS program and in up to four seasonal shades in the Seasonal program, Chalotte Kjær Bruun explains. She adds that a style is sometimes "born" into the No Season program if the style has a clear potential to be in demand season after season. To consistently offer the most optimal mix of pro- ducts, Minus collaborates closely with some of their best customers. trust our guts, our market knowledge and overall expe- rience when we buy new items. The No Season concept months in advance. On the other hand, the risk-taking enables us to offer our customers a long list of advan- tages it would be hard for them to find elsewhere, says Irena Riberholt Jørgensen. Benefits include stronger li- quidity, short delivery times and low inventory levels. All the commercial advantages are communicated to new as well as existing customers. Order management, warehouse and logistics are hand- led from Ikast in Denmark at Minus' relatively new headquarters. Especially fashion stores in Holland have embraced Mi- nus' No Season concept and the Dutch retailers - along with retailers from other markets - actively use Minus' B2B platform on a regular basis. Minus is available in Scandinavia, Holland, Belgium and Germany. MODEBRANCHEN. | ISSUE NO 01 JANUARY 2019 | 35