CEO Monthly November 2017

24 CEO MONTHLY / NOVEMBER 2017 , BuckinghamConsulting works with a wide variety of clients in the retail and food and drinkmarkets, providing the very highest level of service and support. We profile the firm to learnmore about the firm and how it came to win ‘Best Food &Drink Consulting CEO – UK’ in our prestigious Global CEOAwards. Consulting Fit for the Queen Founded in 1997 in London, UK, Buckingham Consulting has since flourished to become the world’s leading international development agency for Retail and Food & Beverage brands. Since the founding of Buckingham Consulting 20 years ago, we have been assisting the international development of brands from Fashion, Beauty, F&B and Hospitality to secure master franchise / license / JVs in new markets across the globe. Buckingham now maintains offices in Bangkok, Singapore, Manila, Bahrain, Madrid, Lisbon, New York, LA, Chicago, London, Amsterdam, Mexico City and most recently, South Africa. These offices are all run by ex- retail and F&B experts who have previously worked for some of the world’s largest brands, or most reputable Franchise Operating companies from each region. Additionally, with 20 employees and 10 affiliates across 11 major commercial centers, Buckingham has the industry’s most extensive global network and reach. Working across fashion, food and beverage, hospitality and accessories, the firm help its clients to succeed in international markets. As a result of the firm’s work in the last financial year, 1,500 outlets will open over the next 5 years for its clients. Currently, food and beverage concepts are in strong demand as malls and shopping districts move to become lifestyle centres. As such, 35-40% of all new leasable space within high streets and malls will be dedicated to food, beverage and entertainment. Growth is expected to exceed 10% annually for the next 10 years. “The Stay Longer, Spend Longer” trend is shaping both domestic and emerging markets with the role being played by F&B in this battle the most significant. Buckingham currently represents clients across all aspects of F&B including: QSR, Fast Casual, Casual and Fine Dining. Within the fashion, accessory and cosmetic space, brands account for over 50% of retail space. Global growth and market development has fueled the demand for new concepts. North American and European concepts remain in strong demand. E-commerce has now reached a 25% share in mature retail markets with growth continuing. Emerging markets are seeing a similar pattern and it is vital that brands partner with the right local providers. Buckingham currently represents clients across multiple Retail categories including: Luxury, Bridge, Formalwear, Fast Fashion, Intimate Apparel, 1711CE07 Childrenswear, Accessories and Cosmetics. Looking to the future, Buckingham Consulting will continue to provide clients with the very highest standards of service and support as it seeks to build upon its current success.