$150 Million Portfolio of Women’s Apparel Brands Executes Transition Plan
A $150 million portfolio of women’s apparel brands with multichannel operations needed assistance executing business transformation. The client had suffered a multiyear deterioration in sales and profitability and desired to embark on a transformation plan composed of more than sixteen business and operating initiatives touching multiple areas of the business.
The client retained BRG professionals to design and implement a formal project management office to ensure timely progress and benefits delivery. BRG management and execution oversight helped drive $3 million in annualized EBITDA gains and improved cross-functional communications significantly through enhanced executive and board-level reporting.