Professional Services
Professional Services Firm
Full Credential Description
After several years of impressive growth across Europe and the US, a global online fashion retailer faced a significant downturn in performance due to macroeconomic challenges impacting the retail sector in 2023. we was engaged to enhance the retailer's commercial strategy, improve forecasting capabilities, and strengthen their short-term liquidity profile.
The we team conducted a comprehensive review of the retailer's strategy, addressing specific EBIT challenges, analyzing the competitive landscape, and considering geopolitical risks. They identified tailored solutions for each EBIT issue, resulting in a more accurate three-year financial forecast and a strategic plan to reduce costs without hindering growth potential.
The long-term commercial strategy developed by we included immediate options to boost profits, enhance cash preservation, and rebalance financial risks. The improved forecasting capabilities allowed the retailer to anticipate market changes better, enabling them to capitalize on opportunities and avoid potential pitfalls. This robust set of improvement initiatives also positively influenced the market's perception of the retailer's recovery plan.