LUXURY

It’s out with the old, and in with the new best-in-class

The luxury industry is a world of fashion at its finest – from opulent evening wear to high-end accessories, men’s and women’s couture, and exclusive children’s lines – that presents its own set of unique challenges and processes.

Our purposefully tailored solutions navigate the diverse variables of color, style, and fit, ensuring your triumph across every facet of the ever-evolving luxury fashion landscape.

Luxury brands, with their limited production and focus on craftsmanship, require additional functionality to support their nuanced needs compared to traditional fashion brands.

Despite the forward-thinking nature of the luxury fashion industry, many brands in this vertical have yet to adopt modern solutions that can adeptly handle these unique challenges.

86%

86% of fashion and apparel retailers say their #1 cause of internal bottlenecks is lack of visibility over operations

63%

63% of fashion and apparel retailers say B2B eCommerce for fashion wholesale will be a key growth sales channel

34%

34% of consumers expect to interact with more at home experiences through online channels over the next 10 years

43%

43% of consumers would avoid shopping with a retailer if they believed it overcharged for items

Unlock your potential and return to what you do best – exceptional, timeless pieces

Simplify style management:

Dedicated fashion solutions simplify the process of creating a base product as a template for seasonal variations. This enables efficient product development, reduces time-to-market and ensures consistency in design.

Gain a competitive edge:

Solutions built for the fashion industry offer seasons and drops functionality, allowing brands to enhance their planning and coordination capabilities. This helps luxury brands to stay ahead of the market.

Streamline operations:

Digital fashion solutions enable brands to efficiently handle item and product-related tasks including pricing, categorisation, and attributes within one platform to reduce manual effort and streamline operations.

Improve inventory management:

Fashion-specific solutions empower brands with real-time visibility into inventory levels, enabling them to better handle their order allocation and stock management, preventing stockouts or overstocks.

K3 is here to resolve your biggest challenges.

At K3, we believe in supporting companies throughout every stage of the concept-to-consumer lifecycle and that’s why our solutions are built to alleviate the luxury fashion industry’s greatest pains.

Greater channel management:

Our solutions offer brands robust channel management functionality to ensure they can easily and efficiently manage their individual business channels, like wholesale, retail, and eCommerce, to stay on top of their operations.

Optimise manage pricing and costing:

Our solutions offer comprehensive price and cost management functionality to ensure that luxury brands can accurately price their products to ensure profitable strategies that are in line with consumer expectations.

Improve item management:

Our solutions provide prepack functionality to enable items and their respective variants to be treated as distinct products, allowing them to be packed or unpacked as required to enhance flexibility and inventory control.

Unify data sources:

The K3 Omnichannel Platform empowers brands to leverage incoming data from different suppliers or systems to ensure they can gather the necessary data on their consumers to meet them where they want to be met.