45 Because of the popularity of Barney’s Beverly Hills Flagship store, we predicted that the sales would be about 20% of our annual revenue. We had a very rapid turn over due to the consumer in that market. The Beverly Hills consumer is interested in being fashion forward regardless of price. We also predicted less markdowns in the plan because we feel that this area has a lot of disposable income, so it will be more likely to sell through.
Spring 2014 Planned Net Sales
5250.0
Est. Net Sales
4000.0
Planned % Last Year
31%
Average Stock, Retail
2000.0
Inventory Turnover
3.1
Planned Reductions
892.5
Reductions % Sales
17%
Planned IMU%
58%
B A R N E Y S NEWYORK