Hi Dennis,

It kind of feels like being the first person to arrive at a party

I read through the pricing PDF you sent me. Excellent information. Thank you.

One important aspect was benchmarking of gross margins and turnover. I was wondering if you could help me discover those benchmarks for fashion footwear retailers?

Thank you,

Chris

+-t

Chris,

You are first, but someone created the first Facebook profile too :-)

I have agreed in principle with a lweading supplier of benchmark data to have that on the site. It will for sale - but that is the best I can do.

My own stats is skewed because I normally work with trouble retailers.

(I will upload the 2 page summary of all the categories in the File Sharing section.)

Here is what I have - but it originates out of the US:

Shoes

GMROI:                       1.60

Gross Profit:               43.3%

Profit Before Taxes: 0.5%

Current Ratio:            1.6

Debt to Worth Ratio: 2.4

Median Turn:             2.1

Return on Assets:      1.6%



And I have this out of Aus for (upmarket) Shoes


TO $750K

Ave size 80sqm

GP48%

(These numbers apply to chains)


Does this help?

Thanks Dennis,

I could use a little more info on those stats. So the US stats were:

GMROI:                       1.60

Gross Profit:               43.3%

Profit Before Taxes: 0.5%

Current Ratio:            1.6

Debt to Worth Ratio: 2.4

Median Turn:             2.1

Return on Assets:      1.6%

My interpretation of that is that their Gross Margin is 43.3%, but their profit before taxes is only half a percent? And the stock turns twice a year? Is that right?

And the Australian Gross Margin is a little bit better at 48%. Is that from a single company, or an industry average?

Do you know if those margins are inclusive of discounts, returns, sales etc?

Another statistic I'd be very interested in is the average sell-though rate on styles.

Thanks :)

+-t

Chris

Yes your read of the stats is correct.

And I checked the profits (that was a 2006 figure but the trend has been <3% - usually between 1 and 2)

Not good heh?

The Aussie stats for 'upmarket' chains. Owner- operated stores have traditionaly been lower end of the 40s. Also this is for shopping centres and not strips and also not for rural areas.

I will let you know when I have an update on us getting access to the latest data.

Cheers

Dennis

Great. Thank you for your help :)

+-t