NO FRILLS, NO FLUFF: FASHION IS SERIOUS BUSINESS

Written on the 21 August 2015 by Laura Daquino

NO FRILLS, NO FLUFF: FASHION IS SERIOUS BUSINESS

TEN years is a milestone for any business, but in a creative field where profits are slim to none, business owners could learn a runway of lessons from Mercedes-Benz Fashion Festival Brisbane.

Lesson one, make no fashion faux pas: you must always put your best face forward when you come up against resistance. And you will.

MBFFB founder, owner and director Lindsay Bennett (pictured below far right), of Lindsay Bennett Marketing, says his work over the past decade has been all about bringing Brisbane into fashion. 

First it involved tackling the obvious - 'Brisbane doesn't have a real rag trade'. That was overcome by moving local talent front and centre to take up at least 8 per cent of total runway time each year, which is at odds with similar events staged around the world. Industry insiders now consider Brisbane a destination every August.

Secondly, it was about proving fashion's very real influence over the local economy, done simply by letting post-event retail sales spikes speak for themselves. Retail trade is currently the backbone of Queensland, according to CommSec, although the sector is undeniably seasonal and isn't without challenges.

Lastly, and perhaps most importantly, the power of a 'lean, mean fighting machine' team.

Mercedes-Benz Fashion Week Australia and MBFF Sydney are both bankrolled by International Management Group (IMG), but Brisbane's is independently owned and operated by Bennett and administration director Bryce Williams. 

"Most fashion weeks are owned by IMG and we are one of very few independent fashion festivals staged around the world," says Bennett.

"My team comprises of six - we are a lean, mean fighting machine and they have been with me from the beginning which is wonderful.

"It's been difficult at times, but it works because we're all on the same page and have the same commitment to what we are trying to deliver for Queensland."

While it may not be a true case of David and Goliath - Bennett isn't vying for global fashion domination and his festival has kept Mercedes-Benz naming rights - having a small team has afforded a nimble strategy. 

"The challenge is always with budget, having to cut the cloth to suit and the cloth having different values placed on it each year," says Bennett.

"This year our cloth is in fact much less than we've had previously but, nonetheless, we are even more focused on encapsulating the best that we can put forward."

Bennett says he isn't at liberty to disclose where his funds come from but they are contributed by corporate partners, such as Mercedes-Benz, Brisbane Marketing and Lend Lease, as well as ticket sales and designer contributions.

Government support is discussed as a sidenote.

"I know we receive considerably less than other states do from their state and local governments, [less this year than under the Newman Government], although we are very grateful for the backing as every bit is vital to running such an important event in Queensland," Bennett says.

"The dollar absolutely drives our ability to stage the festival and if we had unlimited resources we would look to staging events all over the city and extending beyond fashion to arts exhibitions, but our core business is the local designers and making sure we get this right.

"I think government possibly needs to look at how it divvies up the funds for different projects taking place throughout the year because, at the end of the day, we have an industry that is struggling and more often than not fashion and retail are forgotten to the arts community."

Bennett says if MBFFB has taught Brisbane anything, it's to play up to its strengths as a city.

"We are the ultimate Australian spring-summer destination," he says.

"The festival is going from strength to strength and I think that's because our geographic position is ironically favourable for a fashion event - it's synonymous with spring and summer.

"We aren't a cold place in the other sense either so the 2015 festival is open to the community, especially this year when locals can easily purchase front-row seats, because our whole purpose is to engage with residents and ultimately drive sales.

"National media are also starved for researching and identifying local talent and therefore see events like ours as tremendous opportunities to receive and nurture this talent, which should be paid attention by others working in this space.

"This is a serious business."

 


Author: Laura Daquino Connect via: Twitter LinkedIn

Latest News

AGENTS REPORTING STRONG DEMAND FOR MELBOURNE CBD OFFICE SPACE PURCHASES

SEVEN Melbourne CBD offices have recently sold for more than $11 million in total, demonstrating huge demand for c...

DREAMWORLD PARENT COMPANY DEMOTES CEO DEBORAH THOMAS

ARDENT LEISURE, the parent company of Gold Coast's Dreamworld theme park, has reshuffled its core leadership w...

MELBOURNE SHOPPING CENTRE SELLS FOR $48m AS CHINESE DEMAND RAMPS UP

A MELBOURNE shopping centre has been sold for $48 million, bringing the total spent by Chinese investors on Victor...

HOW WEDDING WOES INSPIRED A BOOMING BUSINESS FOR MEGAN ZIEMS

WHEN she was dress shopping for her wedding in 2010, Megan Ziems (pictured left) was disappointed to discover a ma...

Related News

FURNITURE DISRUPTOR SET TO SHARE HIS ONE OF A KIND BUSINESS MODEL

IT'S no secret that Australians love homemaking. Their ceaseless quest to create the perfect place to call hom...

WEEDING OUT THE ASX'S BURGEONING CANNABIS TREND: 8 COMPANIES TO WATCH

A NICHE is budding on the ASX in the form of medical cannabis, an industry which has been on the country's rad...

FRESH CLASS ACTION TO REVEAL ANOTHER SIDE OF SLATER AND GORDON DOWNFALL

ACA LAWYERS has issued a formal letter of demand to Andrew Grech (pictured), managing director of Slater and Gordo...

STARSHIPS WERE MEANT TO DELIVER DOMINO'S PIZZA

NICKI Minaj may have been off the mark when she declared 'starships were meant to fly'. However, she m...

EVENTS COMING UP

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter