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Bal Harbour Boutique

Miriam Niembro
Fashion Buying I
Buying Assortment Project
Customer Profile
Primary: Bal Harbour.
Secondary: North Miami Beach,
Miami Beach, South Beach,
Aventura, Brickell, Downtown.
Tertiary: Miami.
Tourists: Latin America,
U.S., Europe, and Asia.
Primary
Secondary
Tertiary
Geographics
GENDER Female
INCOME Upper middle to high
PRICE RANGE Bridge
BODY FORM Junior
AGE 25 to 35 (Generation X)
EDUCATION High School and up
ETHNICITY Multicultural
Demogrpahics
BODY IMAGE Particular and mirroring.
FASHION KNOWLEDGE Trend setter and fashion follower.
TASTE LEVEL Sophisticated, fancy, trendy, fashion, advanced,
and elegant.
SOCIALATTITUDES MTV generation, attention getter, open-minded,
individualist, loves the beach and thee sea, likes
standing out.
VALUES Ethical, moral, cultural, and economic.
CULTURE Miami Casual.
PERSONALITY Outgoing, creative, self-confident, fashion,
sociable, flirty, sexy, fun, and extroverted.
AESTHETICS (MERCHANDISE) Exclusive, colorful, unique, detailed, spontaneous,
unexpected, fearless, provocative, elegant,
sophisticated, fancy, and authentic.
AESTHETICS (ENVIRONMENT) Structural, balanced, calm, uncluttered, geometric,
harmonious, luxurious, marine, and minimal.
PSYCHOGRAPHICS
STATISTICS SUMMARY
STORE SIZE IN SQ. FT. 1200FT2
NON- SELLING SPACE : 200 FT2
SELLING SPACE IN SQ. FT. 1000FT2
SALES PR. SQ. FT. $ = $570,000 / 900 FT2 = $633.00 PER SQUARE FOOT
 
RENT PR. SQ. FT.$ : $70.00 PER SQUARE FOOT
 
1.YEARLY RENT $= STORE SIZE X RENT PR SQ FT =1200 X 70=
$84,000
 
2.PLANNED YEARLY SALES $ = YEARLY RENT/ PERCENTAGE OF RENT TO
SALES VOLUME $84,000 / .14= $600,000
3. INDUSTRY AVERAGE STOCK TURN TARGET GOAL: 4
 
4.AVERAGE PLANNED MONTHLY SALES $= YEARLY SALES / 12 -
$600,000/ 12=50,000
5. AVERAGE PLANNED MONTHLY BOM STOCK $= YEARLY SALES/STOCK
TURN=$600,000 / 4= $150,000
 
6.AVERAGE PLANNED STOCK/SALES RATIO: $150,000/$50,000= 3
THE AMT. OF MERCHANDISE ON HAND VERSUS WHAT YOU ARE SELLING X/X=
 
8.BOM OPENING STOCK $ OR OPEN TO BUY = $ 126,000
 
STEP ONE -OPENING MONTH PLANNED SALES (7%)
YEARLY SALES X 7%= $600,000X 7% = $ 42,000
STEP TWO – MULTIPLY OPENING MONTHLY SALES PLAN X STOCK / SALES
RATIO
$42,000 X 3 = $126,000
 
YEARLY PROJECTED MARKUP %= 65%
COST%:= 100- MARKUP%= 35
MARK-UP PERCENTAGE= MARK-UP DOLLARS / RETAIL PRICE
COST PERCENTAGE OR COST COMPLEMENT= 100.0%- MARK-UP
PERCENTAGE
MARK-UP DOLLARS= SELLING PRICE- WHOLESALE PRICE
 
BUYING & ASSORTMENT PLAN
Overview buying & assortment plan
Swimwear 60%
Halter Bikinis 11%
Fabric: Nylon & Spandex
Colour: Colourful patterns
with animal, geometric
and abstract prints
Design: Two piece bikini
with halter top, side tied
and high bottoms
One Piece 13%
Fabric: Nylon & Spandex
Colour: Colourful patterns
with geometric and
abstract prints
Design: One piece bikini
with V Shaped necks
Monokini 12%
Fabric: Nylon, Spandex,
Silk & Cotton
Colour: Solid colours and
colourful patterns with
animal prints
Design: One piece bikini
with halter tops
Bandeau Bikini 12%
Fabric: Nylon & Spandex
Colour: Colourful patterns
with geometric and
abstract prints
Design: Two piece bikini
with bandeau top and
mid bottoms
Triangle Bikini 12%
Fabric: Nylon & Spandex
Colour: Colourful patterns
with geometric and
abstract prints
Design: Two piece bikini
with triangle top and low
bottoms
Resort Wear 24%
TUNICS 6%
Fabric: Silk & Polyester
Colour: Colourful patterns
with floral, animal and
abstract prints
Design: Above knee
length, ¾ sleeves &
V neck
MAXI DRESSES 6%
Fabric: Silk & Polyester
Colour: Colourful patterns
with floral, animal and
abstract prints
Design: Knee & ankle
length with
V and round neck
Jumpsuits 6%
Fabric: Cotton & Polyester
Colour: Colourful patterns
with geometric and
abstract prints
Design: Shorts with round
and V neck with waistline
below the waist or in the
waist
Sarongs 6%
Fabric: Silk
Colour: Colourful patterns
with floral and nature
prints
Design: Ankle length
BeachAccesSories
16%
Accessories 10%
Hats 3%
Fabric: Straw & pressed
fiber
Colour: Solid and
multicolour with lines
Design: Decorated with
fabrics and stones
Sandals 3%
Fabric: Leather
Colour: Brown tones with
a mix of colours
Design: tribal/bohemian
style, ankle length with
several straps and
decorated with colour
stone appliques
Beach Bags 2%
Fabric: Straw, natural &
synthetic fiber, and poly
net
Colour: Solid, metallic
and bi-colour
Design: Totes with tribal
motifs decoration
JEWELRY 6%
Metallic Bracelets 2%
Material: Metal
Colour: Gold and silver
plated
Design: Colourful and big
stone applique
Colored Bracelets 2%
Material: Metal, fabric
and stones
Colour: Multicolour
Design: Tribal and
bohemian style motifs
Earrings 2%
Material: Silk, thread,
stone gems and
Swarovski crystals
Colour: Multicolour
Design: Oversized with
tribal motifs in different
shapes
Necklaces 2%
Material: Metal and
plastic
Colour: Multicolour
Design: Statement
necklaces with tribal style
http://www.agentprovocateur.com/us-main-nav/swimwear/view-all-beach.html
http://www.theorchidboutique.com/two-piece-swimsuit.html
http://www.odabash.com/us/shop/swimwear#!/___SID=U&p=1&limit=6
http://www.harrods.com/womenswear/new-season-swimwear?sort=0&psc=72&psi=0
http://www.matchesfashion.com/womens/missoni-mare?mkwid=2
http://www.theoutnet.com/en-US/Shop/Clothing/Beachwear?pn=2
http://www.net-a-porter.com/mx/en/Shop/Clothing/Beachwear?
pn=1&npp=60&image_view=product&designerFilter=928&excludeFilters=false&dScroll=0&level3Filter=Beach_Dr
esses;Jumpsuits_and_Playsuits;Coverups;Kaftans_and_Sarongs;Shorts_and_Pants&excludeFilters=false
http://www.caffeswimwear.com/es/catalogo-pareos-2013.php
http://www.shopstyle.com/browse/swimsuit-coverups
http://www.brazilianbikinishop.com/es/lenny-adjustable-halter-bikini-chakhy-29873.html
http://www.sheinside.com/Necklaces-c-1755.html
http://www.beachbourn.co.uk/shop-by-style-bikinis-c-1_34.html?page=all
http://www.marbellashoppingbag.com/lady-russ/gb/50-beachwear?id_category=50&n=51&p=2
References:

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