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Retail & eCommerce

Reimagining a Retail Legacy in a Digital Age

New York & Company: a name echoing a rich legacy of over a century and building steadfast customer trust.

New York & Company

Reimagining a Retail Legacy in a Digital Age

The Client

New York & Company
Company
New York & Company
Industry
Retail
Headquarters
new york, united states
Employees
1000-2000

About New York & Company

New York & Company is a legacy American women's apparel brand (dating back to 1918 as Lerner Shops) that has been reborn as a digitally-native, e-commerce-only retailer after its 2020 bankruptcy and store liquidation. ), leaning heavily on discount-driven promotions and a VIP loyalty program to drive volume.

The Challenge

New York & Company: a name echoing a rich legacy of over a century and building steadfast customer trust. Their secret recipe? A robust physical store presence. But as digital winds reshaped consumer preferences towards online shopping, they grappled with the tumultuous waves, finding themselves woefully unprepared. The global pandemic and ensuing restrictions pushed them closer to the precipice, teetering on bankruptcy.

Our Approach

Upon the dawn of new ownership, Chameleon Collective was summoned to craft a visionary path forward. Recognising the need for a radical change, we steered New York & Company's metamorphosis from a traditional brick and mortar model to a dynamic e-commerce powerhouse. The journey commenced with our proprietary CLEAR assessment, shining light on myriad marketing potentialities-from CRM intricacies to performance marketing nuances. Harnessing these insights, we navigated Saadia Group's digital transition with precision. This involved cherry-picking stellar talent, streamlining agency collaborations, and embedding time-tested marketing methodologies.

The Impact

The transformation over the subsequent two years was nothing short of remarkable. New York & Company's digital marketing ecosystem flourished. The fruits of our labour were evident: marketing campaigns propelled a 10% spike in incremental revenue, juxtaposed against a 24% drop in marketing expenditures. The outcome? A striking 36% plunge in incremental cost per order and a commendable 43% surge in incremental ROAS.

The Work

43%

surge in incremental ROAS

36%

lower incremental cost per order

24%

drop in marketing spend

10%

spike in incremental revenue

Featured Expert

The Chameleon who led this engagement.

Practice Areas

Digital TransformationBusiness TransformationTechnology Strategy DevelopmentMarketing Analytics

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