Love Brands feature, Drapers, June 2016

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  • 7/26/2019 Love Brands feature, Drapers, June 2016

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  • 7/26/2019 Love Brands feature, Drapers, June 2016

    2/3

    here

    is

    a

    chatty

    buzz

    emanating

    fron

    the

    team

    of10

    at Love

    Brands'

    1,900

    sq

    ft

    showroom

    at Metropolitan

    Wharl

    on

    the

    bank

    of

    the

    Thames

    in

    Wappir.rg,

    east

    London.

    Sitting

    at

    a

    long

    table

    under low ceilings surrounded

    by

    clothing rails

    and

    a

    bookcase

    of

    shoes

    are

    the

    agency's

    founders,

    Michael

    Shalders

    and

    Hugo

    Deane,

    who

    are leading

    a

    growing

    retail

    disrribution

    empire.

    Love

    Brands

    combines

    distribution

    -

    ,,about

    g

    5

    %,,,

    explains

    Shalders

    -

    with

    retail

    and

    wholesale

    consul-

    tancy,

    and

    a

    B2B

    sales

    platform.

    After

    increasing

    turnoverbyalmost

    65

    %

    yearon

    yearin

    2015,

    when

    it

    was

    named

    Drapers

    Independents

    Awards

    Agency

    ofthe

    Year,

    Love

    Brands

    is

    now

    looking

    at

    expansion

    into

    European

    markets

    while

    maintaining

    its

    original

    focus:

    making

    business

    enjoyable

    and professional,

    and

    being

    "tough

    when you

    need

    to

    be

    tough,,.

    The pair

    met in

    London

    in

    2008

    at Dutch

    fashion

    brand

    Mexx,

    where

    Deane

    was

    UK

    country manager

    and

    Shalders

    was

    its

    UK

    agent.

    After

    Deane,s

    position

    was made

    redundantin

    March

    2010,

    the two

    started

    to

    discuss

    the

    idea

    ofLove

    Brands.

    Their

    combination

    ofnational

    and

    international

    knowledge,

    20

    years

    of

    experience

    each

    -

    Shalders

    in

    wholesale

    for Saint

    Tropez

    and Desigual,

    Deane

    in

    franchising

    at

    Mexx

    ar-rd

    Esprit-

    and

    industryknow-howbrought

    a distinc-

    tive

    USP

    to

    the

    brand

    agency

    model.

    Now

    in

    its

    sixth year

    of business,

    and

    with

    more

    than

    600

    UK

    and

    Irish

    stockists

    -

    mostly

    independ-

    ents,

    but also

    department

    stores

    and

    online

    -

    Love

    Brands

    began

    with

    Spanish

    casualwear

    brand

    Custo

    Barcelona

    in 2010.

    Today

    it

    represents

    12

    brands,

    including

    Danish

    womenswearlabel

    NU

    Denmark,

    UK footwear

    brand

    Terry

    de

    Havilland,

    Dutch

    young

    fashion

    label

    Circle

    of

    Trust,

    and the

    newly

    signed

    Italian

    mainstream

    women's

    and men's

    wear label

    Stefanel.

    Online

    sales

    represent

    around

    1

    5

    % ofthe

    total,

    says

    Deane,

    "but

    always

    in

    a

    complementary

    way

    to our

    wholesale

    channels".

    Talking

    about the

    cross-border

    reach

    ofthe

    busi-

    ness,

    Shalders

    says:

    "We

    had

    a

    lot

    ofrelevant

    contacts

    [internationally],

    and I

    knewa

    lot

    ofsales

    and

    fellow

    distributors

    -

    probably

    more

    than

    I

    know

    in the

    UI(.

    "[Today]

    we're

    dealing

    with

    Denmark,

    Sweden

    and

    the

    Netherlands.

    We've

    just

    started

    dealing

    with

    Germany.

    Some

    brands

    -

    it

    could

    be

    a

    UI(

    brand

    that

    doesn't

    know howto

    do

    Europe

    because

    ofthe

    curren-

    cies,

    credit limits

    and

    all the practicalities

    -

    would

    rather

    have

    one

    distributor

    looking

    after

    six markets

    than

    six

    different

    distributors."

    Because

    oftheir

    past

    exposure

    to European

    brands

    in

    all facets

    ofretail,

    Love

    Brands

    can

    offer

    a

    wide

    range

    of

    services

    to its

    customers

    in

    five

    countries

    (soon

    to

    be

    sevenwith

    Norwayand

    Spain).

    On top

    of

    core

    distribution,

    the

    agencyhelps

    with

    stafftraining,

    findingretail

    locations

    and

    properry,

    in-store

    promo-

    tions,

    window

    displays

    and

    bespoke

    visuals.

    Its

    dedicated

    team

    ofsales

    administrators

    at the

    Wapping

    showroom

    act

    as a

    conduit

    between

    retailers

    and

    brands.

    They pick

    up all

    the day-to-day

    queries

    so

    the

    retailer

    has.just

    one point

    ofcontact,

    here

    in

    the

    UK, for

    all the brands it

    represents.

    Love Brands

    also has

    a B2B

    wholesale

    e-shop

    that

    allows

    registered

    retailers

    to

    see live

    stock

    levels,

    )

    MAY

    27-luNE

    3 zoro

    / l)r.apcrs

    ra

  • 7/26/2019 Love Brands feature, Drapers, June 2016

    3/3

    THE DRAPERS INTERVIEW

    LOVE

    BRANDS

    reorder and request replenishment top-ups 24/7.

    "We offer

    more

    than

    iust

    names or distribution,"

    says

    Deane. "Ifyou have a retail

    platform,

    ifyou're

    looking

    to do concessions, ifyou're looking to

    find

    franchise

    partners,

    we

    know

    how

    to

    do

    that,

    too. We

    want

    to

    say

    to

    our

    partners,

    to the brands

    that we'd

    sourced,

    'We

    can offer

    you

    guys

    a

    multichannel

    business."'

    tT

    wAs THESE

    VALUE-ADD

    services

    that

    led Love Brands to

    clinch

    a key UK sales

    and

    distribution

    accountforspring

    17: the

    200m

    (d156m)

    Italian fourth-generation

    famiiy-owned

    mainstream

    women's and

    men's

    wear brand Stefanel.

    "You start

    dealing

    with a

    certain

    level

    ofbrands

    and

    that

    opens

    the door

    to

    more brands

    in that

    arena. It's been

    little

    steps for us,"

    says

    Deane.

    Now,

    having

    a

    retailer

    stock two

    orthree

    oftheir

    brands

    is

    typical:the

    duo

    pride

    themselves

    on

    being

    a

    "one-stop shop" to view collections.

    And

    they do

    not accept

    a

    mark-up

    ofless than

    2.8 from retailers.

    "Old

    school"

    face-to-face

    contact

    is

    crucial too,

    says Deane:

    "we

    believe it's really important

    for

    the

    sales

    guys to get

    out

    oftheir

    bubble

    and to

    have

    a

    look to

    see

    what's

    happening,

    to

    find

    out

    what the

    competition

    is, and

    to

    go

    and meet

    people.

    Unlike

    the

    digital

    world,

    we

    live in the real

    world,

    and we

    actually

    talk to

    people

    and

    shake

    hands

    -

    you have

    to

    trust

    each

    other,

    don't

    you?

    We think long-term

    sustainable

    relationships."

    Ann

    Aarestrup Larsen, global sales manager at

    NU Denmark, say

    ofthe

    supportive

    pair:

    "They

    are

    always

    good-humoured,

    always at

    the fairs,

    and

    working

    with

    the

    brand."

    Despite waning attendance at some trade shows,

    both men see them

    as

    necessarynetlvorking events.

    Deane says:

    "We

    see

    [attending

    trade shows] as

    important. It's incredibly expensive for all concemed

    to

    put

    on those shows. There's a

    huge

    commitment

    and investment.

    If

    I

    owned

    a

    shop,

    I

    would

    like to get

    out and

    just

    see

    ifwhat

    I'm

    doing

    is right,

    and

    if I'm

    missing anJ,thing,

    to

    talk

    to

    other

    retailers. Trade

    shows

    are

    the bestway of

    doingthat."

    Shalders

    quips:

    "If

    someone comes up

    with

    an

    alternative, they'd be

    a

    very wealthy

    person

    "

    While

    face-to-face

    contact

    is

    a

    must

    for

    Love

    Brands'

    relationships

    to

    thrive,

    the

    digital world

    also

    piays

    a

    big part.

    "You can't

    ignore

    technology,"

    says

    Deane.

    "You

    can't

    ignore

    progress.

    You have

    to

    embrace it,

    but

    at

    the same time, hopefully

    influence it."

    "We

    started

    quite

    early

    with

    Custo

    Barcelona,"

    explains Shalders. "We

    helped itwith

    its

    retail

    pres-

    ence in Westfield Stratford City

    and, at

    the

    same

    time,

    with an

    opening

    at House

    of

    Fraser

    online,

    which was

    massively

    expanding

    its

    presence. It

    put

    a

    lot

    ofresources

    into

    it and

    was

    really

    very

    clear

    about

    making

    House

    ofFraser

    a

    destination online.

    It

    partnered

    with some

    really good people,

    and

    invested

    in

    technology.

    We gained

    a

    lot

    of

    experi-

    ence

    duringthattime."

    On a

    digital

    platform

    orwhen

    dealingwith

    bricks-

    and-mortar

    shops,

    Deane

    believes:

    "You

    have to be

    u

    l)rrrpcls /

    MAY

    27JUNE

    3

    2016

    honest

    and

    open: about

    the

    prices,

    the

    margins

    that

    we

    work

    on.

    We

    try to

    make the brand

    feel

    comfortable

    from

    the beginning. We sit down and agree

    on

    a

    strategy,

    agree

    on

    a

    target, agree on

    the growth

    ofa

    brand, so

    that no

    one

    is

    disappointed because

    it

    hasn't

    been

    discussed.

    There

    are

    different

    facets to launching

    a

    product

    in

    the

    UK."

    And

    if it

    goes

    wrong?

    "When

    things

    go

    wrong

    -

    and nothing's perfect

    -

    you

    have to be able

    to

    put

    your

    hands

    up and

    say,'Let's

    see

    howwecanfixthistogether,"'

    says Deane.

    "The

    whole conversation

    is

    very open, and

    we

    have

    that

    conversation before we

    even

    start selling

    their

    product.

    Obviously

    numbers

    are

    very

    important

    to

    any

    brand when

    it launches,

    and collections

    are

    expensive. It's spending

    money

    on

    marketing,

    and

    it's

    a

    refurnoninvestment.lt's

    the

    same

    forus. Every-

    body

    needs to

    be

    realistic about

    what's achievable."

    'ASYOU

    GROW

    [as

    a

    business], you've

    gotto make

    sure

    thatyoukeepupwith

    it," Deane

    continues.

    (([In

    January]

    we

    hired

    a

    sales

    support

    managerto

    come

    on board to strengthen customer service,

    to really

    get that right. We also have

    a

    freelance

    PR

    -

    she

    workswithusinhouse. Shepromotes specificbrands

    and our brand

    with digital,

    e-flyers,

    showroom

    invites

    and

    trade

    show

    invites."

    Love Brands

    has

    also

    partnered

    with

    fashion

    industry

    software

    provider

    I.Level

    to

    create

    I.Level

    Mobile.

    The

    programme,

    they

    explain, "allows

    agents to

    place

    orders on or offiine and

    sync back

    to

    Love Brands headquarters.

    The order

    can

    also

    be emailed directly to the client, and

    agents

    can see live

    stock levels and

    the

    status

    oftheir

    orders,

    including

    what's been shipped to

    give

    real-

    time

    info."

    Winning the

    Drapers

    Independents

    Award last

    year

    has helped Love Brands to upscale.

    "Drapers

    put

    us on the

    map

    by

    articulatingwhatwe

    do

    as

    a business.

    Brands

    like

    that and take note,"

    says

    Deane. "As

    a

    result

    of

    that

    we've really

    started to

    engage

    with

    really

    strong

    international brands."

    As part

    of the

    judging

    process,

    the

    award

    was

    subiect to

    an

    online vote. In

    picking

    the

    winner,

    judges

    noted

    Love Brands'

    "strong

    marketing"

    and

    "excellent

    approach

    to

    nationwide

    retailers".

    "You

    listen

    to actors

    who win

    awards

    given

    byfellow

    actors,"

    says

    Shalders.

    "It's

    quite

    nice

    to

    know that

    what

    we're doing, we're

    doingproperly by

    our

    peers."

    On

    the

    future

    of

    Love Brands,

    Deane

    says:

    "We're

    always

    open and looking to

    expand our

    brand

    prop-

    osition where

    it makes

    strategic sense,

    Iike

    taking a

    product

    that has

    something extra to

    give.

    "We

    want to extend to

    different

    sectors, too,"

    adds Shalders. "We've recently

    gone

    into footwear,

    lingerie

    and

    accessories,

    like

    the Mighty

    Purse

    -

    a

    wearable-tech

    fashion

    bag

    that

    has

    a

    lithium

    battery

    to charge

    your

    mobile

    phone.

    "We're

    quite

    interested in

    developing

    relation-

    ships

    with

    iconic

    British brands,

    as

    well

    as

    expanding

    into

    other

    markets.

    We

    are

    also keen on seeing

    how

    our

    digital platform

    develops

    for

    our brand,

    just

    offering a

    little

    bit of extra

    service,

    not

    to replace

    face

    to

    face,

    but to

    complement it."

    Despite the advent

    ofsuch futuristic

    products

    as

    phone-charging

    bags, Love Brands abides

    by

    a

    few

    important

    -

    albeit

    "old

    school"-type

    -values:

    trans-

    parency,

    face-to-face contact,

    ambition

    and

    drive.

    Shalders

    and Deane complete

    each

    other's

    sentences

    -

    they

    agree

    to

    agree.

    They are

    "people

    people". When asked about the

    history

    behind

    the

    name Love Brands, Deane says: "I think

    that

    was

    your idea, Michael," Shalders nods,

    "we

    had

    a

    busi-

    ness

    plan,

    we knew what

    we

    were

    going

    to

    do."

    Deane

    continues,

    "Andwe

    love

    whatwe

    do, and we

    knew

    people

    would

    love

    our brand,"

    With

    a

    look

    back at

    his

    business

    partner

    and

    friend,

    Shalders

    finishes

    the

    thought: "It

    just

    kind

    ofstuck."