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FROM BLIND SPOT TO RETAIL ADVANTAGE – WEBINAR

Join our webinar on Friday 26th June at 11.00 – 11.45, as both Ian Hall and Richard Lim dig deeper with the recent CCS McLays and Retail Economics research report, From Blind Spot to Retail Advantage: How GNFR is Reshaping Profitability in UK Fashion Retail. Discover how leaner GNFR spend within fashion retail can improve margins, reduce costs, and turn GNFR procurement into a competitive advantage.

We surveyed 100 senior procurement, finance and operations leaders
within the UK’s fashion retail sector to get their take on the £3.9bn GNFR
market. On average, they felt that around £276m could be saved through
systematic GNFR reviews and that the topic was often considered a blind
spot within retailers’ boardrooms.

WE WILL BE DISCUSSING THE REASONS AS TO WHY...

  • 90
    %

    of retail leaders within medium sized organisations (annual revenue of £250m - £500m) feel that the procurement of GNFR is a blind spot.

  • 2.3
    %

    How GNFR management could provide one of the clearest pathways for profitability to counteract modest forecast growth of clothing & footwear for 2026.

  • 3 - 7
    %

    What retail leaders think that they could save on average, if their organisations introduced systematic GNFR reviews.

  • 24
    %

    Retail leaders pointed to lack of leadership buy-in and prioritisation, as the biggest barrier preventing their organisation from improved GNFR management.

RESERVE YOUR SPOT

Find out how GNFR management or mismanagement can go a long
way to heavily influencing the following:

- Profit margins

- Cost control

- Time efficiency

SPEAKERS

  • Ian founded CCS McLays in 2005, as he identified a clear gap in the marketplace for the offer of consolidated supply of GNFR (goods not for resale) products for fashion retailers. Decades later, CCS McLays is proud to trade with household names such as JD Sports, Hugo Boss and Starbucks.

    Ian Hall – CEO of CCS McLays

  • Founder of Retail Economics in 2014, Richard is widely recognised as a leading commentator on the future of retail and the changing consumer landscape. Heavily respected within the media, Retail Economics have provided expertise to many whilst being broadcast via the likes of BBC, Sky News, Bloomberg and CNBC.

    Richard Lim – CEO of Retail Economics

  • Thanks all for having me; it was a helpful
    discussion and interesting to hear the view of CCS McLays, Retail Economics and other
    retailers.

    CFO (UK), Uniqlo

  • It was really insightful and it was great to be able to have conversations across the morning on how this impacts various brands.

    Retail Director, Mint Velvet