PROFILE
  • Daniel Binder
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Daniel Binder

Partner, Columbus Consulting International
Daniel Binder is a Partner at Columbus Consulting focused on Merchandising and Supply Chain strategy, has +35 years of global retail experience across Department Stores, the world’s most demanded Luxury Brands, Travel Retail, Wholesale, and Digital Channels. Daniel was formerly President of DFS, a Luxury Travel Retailer across 16 countries and division of LVMH, based in Hong Kong, leading their global Retail Planning and Allocation functions, Warehousing, Freight Management and Regulatory, and was enlisted to lead the company’s Digital Transformation and develop its Omni-Channel strategy.Data driven with a customer first ideology, Daniel led significant Supply Chain re-engineering and systemic innovations coming out of 9/11, SARS, and the 2008/2009 Financial crisis. Daniel started his career at Macy’s, with progressive evolution across store operations, planning and allocation to Merchandising DMM over Home Textiles.
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  • Posted on: 06/24/2020

    Dick’s goes off-price with two new clearance concepts

    I applaud Dick's for having rapidly brought control over their current inventory position in this environment and for having a strategy leveraging their fleet to bring a unique value proposition to their customer that at the same time addresses liquidation on a sustained basis. While the immediate impact is a hit to the gross margin, this will help elevate traffic and as Dick's resets their sales forecast they will challenge their suppliers on costs while resetting retail price points which should allow them to manage these benefits against the cost of liquidation with the added benefit of introducing the customer to a broader product offering.
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