I don’t want to tell you that I told you so but …
I ended my review of the final 2012 Los Angeles Fashion Market Week
in November with a “I’ll believe when I see it” about the optimism
heading into the holiday retail season. With so many people still out
of work and so much uncertainty about where the economy is headed, I
think consumers did the prudent thing in pocketing their cash. It
didn’t help that all we heard about during November and December was
that the debt ceiling is falling in, that we were about to jump off a
fiscal cliff, and that heavily armed demented sociopaths lurked around
every corner. Add a Hurricane Sandy to this melancholic mix, and it is
hardly surprising that holiday sales could be best described as tepid.
I’ll have more to say on this in a post later this week.
So after a limp holiday sales season, it was energizing to bowl up to the first domestic trade show of 2013, Agenda.
Agenda is a streetwear, surf, skate and fashion show mostly for men
that was held on Friday and Saturday. January 4–5 at my adopted hometown
Long Beach Convention Center in lovely downtown Long Beach, California.
The 10-year-old show was the biggest I have seen. There were more than
550 brands, up from 450 brands this time last year. I was there Friday
afternoon and it was humming.
It is obvious that the show is growing beyond it’s original target
audience of young contemporary stores and surf and skate retailers. The
offering of product is broad. From the expected logo tees and caps,
surf and skate apparel and accessories through contemporary denim
collections, quality eyewear like Raen and Mosley Tribes, premium footwear fashion lines (Onitsuka Tiger, Puma), contemporary menswear (e.g. Astronomy), watches (G-Shock), headwear, headphones, and on and on. A full list of exhibitors is available on the Agenda website.
I caught up with Adam Redhead, the LA Showroom Manager at The Park Showroom.
The Park is a highly regarded young contemporary/contemporary men’s
agency with showrooms in NY and LA. The Park were showing 3 of their
collections – Athletic Recon, Australia’s Zanerobe and the hip accessories of M. Cohen.
Adam was having a busy show. I cruised past the booth a couple of
times to speak with him but kept going because he was with buyers. Adam
thought the show was “big and busy” and “was very happy with the
quality of the accounts and buyers they were working with”.
Adam echoed some of the feedback I received from the vendors
regarding the new Friday and Saturday scheduling. Many thought that
moving to a Saturday didn’t work. I’m told that a lot of vendors have
requested a return to the Thursday and Friday format. Adam also thought
the 8AM was way too early. I agree. I doubt buyers need the early
start. Plus it makes it an awfully long day for vendors in the booths.
The Australian-owned fashion wholesaling and marketplace technology innovators, NuORDER
were exhibiting. It is definitely worth your while to take an
extensive look at the website, and take advantage of free demonstration
if there is a fit. The technology facilitates easy and efficient
product ordering and follow-up, and smooth communications between buyers
and manufacturers and agents.
NuORDER is pointing the way to the
future of technology within the fashion industry. The scope of
automation within the industry is vast. It may scare some of the
players in the market who see these technological advances as pushing
them to the margins, and on to obsolescence but as with other sectors,
it is unstoppable.
The fashion industry has been slow to embrace technology and thereby
innovate within the industry. The entrenched way of doing business has
been in-person and hands-on which is understandable on some levels, such
as the need to see and feel a garment before ordering. However, the
technology available to, say, view and order product remotely is making
the need to travel to trade shows or spend your store open hours on the
phone to vendors and agents less crucial. There are many other
examples.
And these changes are picking up steam. Heath Wells, one of the
owners of NuORDER, told me, “In just over 12 months over 1 million
styles have been ordered and independent research has shown an average
increase in sales of 17.6% per order. We have 45,000 registered
retailers and some amazing brands including, Helmut Lang, Citizens of
Humanity, Elizabeth & James, Ted Baker, Parker, Alternative Apparel,
Hurley, Adidas, Supra/Krew, Hudson Jeans & LEVIS.”
It would seem Agenda’s status as a required show is growing. If you
are looking to sell into the men’s young contemporary streetwear or
activewear demographic, you should seriously consider doing the show.
I’m not sure I would do the show if I was a true contemporary collection
but that may change as the mix of contemporary labels continues to
grow.
This week is Los Angeles Fashion Market Week in the downtown fashion
district. The showrooms I spoke with last week aren’t expecting much.
If a label has short turnaround on production, you’ll see some new
styles for Summer delivery starting at the end of April. Otherwise,
buyers will be filling in with immediate goods. For a lot of buyers,
the focus will shift to the Fall collections debuting in Las Vegas next
month. I’ll be downtown tomorrow and Wednesday speaking with as many
people as possible. I’ll get you a full report by the end of the week.
By all accounts, 2013 fashion retail has gotten off to a cautious
start all around. It will be interesting to see how the coming months
unfold.
Paul Brindley
paul brindley consults
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