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March 10, 2008
Introducing Blacks Luxury Blog
After 30 years of working with luxury apparel and jewelry retailers I've learned how to step back and see the larger trends and cycles that affect our business. I've also learned how to spot the micro trends that play a big part in growing your bottom line.
Keeping on top of this ever-changing business is a challenge, but a fun one. Over the years I've developed some reliable tools for measuring inventory and sales trends and a sixth sense for identifying new business opportunities and overcoming challenges, whether they be external or internal.
At Blacks we are constantly working to improve our analytical tools (which we think are best of class) and to expand our knowledge and expertise in different aspects of retail business such as e-commerce, leadership development and mergers and acquisitions.
Everything we do is aimed at helping our clients succeed in their own unique businesses. There are no cookie cutter solutions. We look at each aspect of our clients' businesses – from finance to fashion, to management, competition and sales strategies – to identify growth opportunities and fine tune profits.
I am excited about the work we are doing and the results we are achieving for our clients. This blog is about sharing my experiences with the public and creating an open dialogue on how to improve our skills as retailers. So, stick around because it should be an interesting ride. And remember, always Be In The Black.
-Steve Pruitt, Senior Consultant at Blacks
Posted by Steve Pruitt at March 10, 2008 06:25 PM
