1 - 3 November, 2010
Park Hyatt, Dubai, UAE
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Post Conference Masterclass - 5th November 2009

Innovative and effective luxury retail management


Denis MorissetDenis Morisset, Consultant & Executive Director
Essec MBA in International Luxury Brand Management

Denis has worked for more than 20 years in the Luxury Fashion Industry and occupied CEO/COO positions with companies such as Polo Ralph Lauren (Europe), Pierre Balmain and Giorgio Armani (France).

Denis' particular focus and passion is emerging markets. He has collaborated with international companies on brand extensions & branding issues. His advice has also been invaluable to new brands and designers from emerging markets on their international distribution and retail strategies.

Denis is a member of the Leaders in Luxury advisory board and has spoken at our global series in New York, London and Dubai. He is consistently rated is one of our top speakers and his masterclasses are regularly sold out.
Essec

Leave this masterclass with insights into the complexity and growing importance of managing luxury retail stores, at the level of store manager, area retail manager or retail director. Gain business and managerial tools to enhance how you manage your luxury boutique and retail organization. Denis will also address your unanswered questions on whether or not you should take advantage of the Web 2.0 to engage with their customers without losing control and how should this impact or interact with your retail operations. Truly interactive, Denis will deliver technical, theoretical and conceptual tools and share best practices through real life and recent case studies. Attending this masterclass allows you network constructively with a more elite group of peers in a closed-door environment so you gain new ideas, strengthen relationships and build new potential partnerships.

08:30 - Registration
Nathalie Veysset, Managing Director, Dewitt (Switzerland)
Registration
09:00 - Luxury retail: strategic perspective and recent trends: what lessons?
Nathalie Veysset, Managing Director, Dewitt (Switzerland)
  • Examining the flagship store phenomenon and recent evolutions in luxury retail formats : from product to experience
  • Addressing other relevant luxury retail trends and channels: department stores, travel retail, pop-up stores and co-branding practices, artistic exhibition, cultural expression
  • Creating a dream for your customer to aspire to dream while preserving an elitist cachet to appeal to the wealthiest clients?
  • Creating a retail environment fully coherent with the brand codes and values that brings together “ethics and aesthetics”
10:00 - Coffee & Networking Break
Nathalie Veysset, Managing Director, Dewitt (Switzerland)
Coffee & Networking Break
10:30 - Examining effective luxury retail management strategies in detail - Part 1
Nathalie Veysset, Managing Director, Dewitt (Switzerland)
  • Improving customer service Increasing customer satisfaction is the best way to gain new customers and increase loyalty: What lessons can luxury retailers learn from some of the most successful retailers or luxury hoteliers?
  • Rediscovering the true spirit and culture of retail Passion, entrepreneurship, curiosity, empathy, expertise are all necessary to develop a new managerial and leadership style, motivate and inspire sales staff and delight customers: How does this impact the desired profile and skills of retail directors and store managers?
  • Communication If the stores are a great communication tool for the brands, how should the brand better communicate about its stores in a crowed retail environment to make it a real “destination”?
  • Attention to details in luxury retail How can luxury retailers “make a real difference” by developing a “zero default” strategy throughout the store concept and maintenance, the staff education, the art of luxury service?
  • 12:30 - Networking Lunch
    Nathalie Veysset, Managing Director, Dewitt (Switzerland)
    Networking Lunch
    13:00 - Examining effective luxury retail management strategies in detail - Part 2
    Nathalie Veysset, Managing Director, Dewitt (Switzerland)
    • Organizational perspective How do you ensure that retail is increasingly integrated and aligned with the other departments of a luxury retail brand such as product & visual merchandizing, CRM, PR, supply chain & logistics
    • Financial perspective Understanding retail margins dynamics and control points in the modern luxury retail environments
    • Customer management perspective From global CRM systems to VIP policies and what's at stake in the store in terms of interfacing with customers on a daily basis
    • Floor management perspective Effectively monitoring retail operations, train & motivate sales staff and achieving the right image/commercial balance
    15:00 - Challenges and opportunities of the luxury interactive phenomenon and Web 2.0 for luxury brands
    Nathalie Veysset, Managing Director, Dewitt (Switzerland)
    • What is luxury interactive all about?
    • Luxury brands and social networks : the lessons to learn from the US market trends
    • Luxury brands and on-line distribution: are “brick and click” strategies the best response, what is currently at stake for luxury brands with on-line distribution?
    16:00 - Close of Masterclass
    Nathalie Veysset, Managing Director, Dewitt (Switzerland)
    Close of Masterclass