Spring Racing Trends in Australia - Omnilytics

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Spring Racing Trends in Australia - Omnilytics
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SPRING 2019 • WOMENSWEAR

Spring Racing Trends in Australia
Introduction | Key Apparel Categories | Apparel New-In Styles | Colour Performance Analysis | Overview on Headwear | Headwear New-In
Styles | Styles Spotted at Spring Races | Conclusion

Written by Nur Atiqah Kamarudin, Senior Business Intelligence Analyst
Spring Racing Trends in Australia - Omnilytics
SPRING 2019

Introduction

The Australian spring racing season is known to be a huge part of
the nation’s culture and tradition and a main event in the fashion
calendar. The races have long acted as a platform for racegoers to
showcase their impeccable style and finery, making it a huge
opportunity for brands to tap into.

Despite Melbourne Cup 2019 hitting a 24-year low in attendance
following the public protests and backlash towards horse racing
industry, the event continues to be a key date for fashion in the
region.

In this report, we reviewed a total of 12 Australian apparel and
accessory brands retailing at David Jones, Myer and The Iconic, to
analyse the key head-to-toe looks offered in the Spring 2019 race
season. More than 3,000 data points were screened from August to
October 2019 on popular clothing items for racewear – Dresses,
Jumpsuits and Suits as well as Headwear.

The apparel brands used in the analysis were Alice McCall, Sass &
Bide, Thurley, Lover, By Johnny., Bec & Bridge and Shona Joy while
Morgan Taylor, Max Alexander, Gregory Ladner, Olga Berg and
Ford Millinery were analysed for their Headwear.

                                                                                                  2
                                                                     Instagram @davidjonesstore
Spring Racing Trends in Australia - Omnilytics
SPRING 2019                                                            CHART 1: NEW-IN CONTRIBUTION BY CATEGORY

Key Apparel Categories

Dresses are consistently the most popular choice for the races.
According to the Spring new arrivals (Chart 1), the category
continued to be the key volume driver, accounting for almost half
of the brands’ newness during the period. Feminine midi dresses
contributed to almost half of new-in dresses, followed by mini and
maxi dresses.

Although Jumpsuits and Suits’ contributions were relatively minimal
compared to Dresses, these two categories have proved to be the
next popular options after dresses, just like at Royal Ascot.

Brand Contribution
                                                                       CHART 2: NEW-IN CATEGORY BREAKDOWN BY BRAND
Overall,   some   brands    had   the   competitive   advantage   of
dominating a high contribution in all three categories in newness,
such as Alice McCall and Shona Joy.                                     Brands                        Dresses        Jumpsuits   Suits

                                                                        Alice McCall                    16%            46%       30%
However, for the key racewear staple, Dresses, Bec & Bridge held
the biggest contribution during the season with 24%. It offered         Sass & Bide                     10%            11%       27%
various styles of dresses from satin slip dresses to midi floral
                                                                        Thurley                         7%              3%       4%
dresses.
                                                                        Lover                           8%              9%       1%
Meanwhile, Alice McCall had the biggest offering for Jumpsuits
                                                                        By Johnny.                      19%             0%       2%
and Suits, which mainly came in floral motif.
                                                                        Bec & Bridge                    24%             6%       18%

                                                                        Shona Joy                       16%            25%       18%

                                                                        Total                          100%           100%       100%

                                                                                                                                         3
Spring Racing Trends in Australia - Omnilytics
SPRING 2019

New-In Styles: Dresses & Jumpsuits

Overall, the silhouette for dresses and jumpsuits this year was more
feminine and ladylike. The key styles spotted among the brands in
focus included:

Bold Florals
Although florals are a given for spring, the romantic print
accounted for 20% of the brands’ newness, signifying its continued
popularity. With ‘feminine and floral’ being the official dress code
for one of the major races, Oaks Day, coupled with the versatility of                                                                    By Johnny. Watercolour Floral Strapless
                                                                        Bec & Bridge Tilly LS Midi Dress     Thurley Persia Midi Dress   Dress
this print, it is no doubt that florals will be a popular choice for
                                                                        AUD 450.00                           AUD 649.00                  AUD 370.00
Spring Racing.

Lace
Alice McCall, Thurley and Lover were among the advocates of this
trend. Intricate lace contributed at least 10% of the season’s
newness, which was mostly used in a full head-to-toe ensemble.
This style was also popularised by Kate Middleton as she
repeatedly wore a full lace dress at Royal Ascot.

Puffy Sleeves
Puffed-sleeve tops and dresses reigned supreme on the Fall/Winter
2019 and Spring/Summer 2020 catwalks. This voluminous sleeve
trend was also a major offering among the Australian brands this
season, as it was not only on dresses but also on jumpsuits. Alice
McCall, Shona Joy and Bec & Bridge were among the brands
popularising this style.
                                                                        Alice McCall Wild Flowers Jumpsuit   Lover Dandelion Jumpsuit    Shona Joy Ellington Jumpsuit
                                                                        AUD 450.00                           AUD 595.00                  AUD 340.00
Spring Racing Trends in Australia - Omnilytics
SPRING 2019

New-In Styles: Suits

Some of the major Suit trends included:

Check Print
Although classic solid blazers held a higher contribution in the
overall jacket category, check printed blazers were also common in
this season’s newness as seen at Bec & Bridge and By Johnny. The
print, which was more synonymous in the Fall/Winter season
proved to be as popular in spring.
                                                                                                    Shona Joy Ellington Double Breasted
                                                                     Bec & Bridge Alexa Blazer      Suit Jacket                           Bec & Bridge Harlow Pants
Double-Breasted Blazers
                                                                     AUD 420                        AUD 360.00                            AUD 240.00
The ‘80s power suit silhouette appeared in the form of double-
breasted blazers – boxy yet tailored and sleek. Shona Joy was one
of the brands advocating this style best, mostly in tonal looks.
Strong or sculptured shoulders were prevalent too, giving a more
structured look to the whole ensemble.

Wide-Leg Pants
Another fall trend, the wide-leg trouser, which made a huge
comeback on the Fall/Winter 2019 runways also reappeared in this
season’s newness. Accounting for more than 20% of the pants’
newness, this style also extended to the groovy ’70s bell-bottoms,
but in a more polished style.

                                                                     By Johnny. Check Mate Blazer   Lover Francoise Blazer                Sass & Bide You Are the One Pant
                                                                     AUD 390.00                     AUD 695.00                            AUD 350.00
Spring Racing Trends in Australia - Omnilytics
SPRING 2019                                                             CHART 3: DRESSES & JUMPSUITS COLOUR BREAKDOWN

Colour Performance Analysis                                                     Total Assortment                                New-In                                 Sell-Out

Core Colours                                                                                                                4%
                                                                                             21%                                         19%
The core colours – black, white, brown and grey - accounted for                                                                                                                   22%

nearly 60% of the brands’ total assortment, newness and sell-out                                                    5%
                                                                          6%                                                                                 7%
during the period. Black and white alone contributed around 40%
of the new arrivals, giving plenty of options for consumers for          7%
                                                                                                   17%                                         18%           8%                         15%
Derby Day, as it is widely known for its strict black and white dress                                               10%
                                                                           9%
code. However, black was more popular as it showed signs of                                                                                                       9%
missed opportunity as opposed to white, which showed signs of                    10%      13%                             10%                                                 12%
                                                                                                                                    16%                                10%
overstocking with 3 percentage point variance against sell-out
(Chart 3).

While nude colour was popular following the neutral, tonal trend
from the Spring/Summer 2019 runways, it was not the case for
racewear, as it showed signs of overstocking with 4 percentage
                                                                        CHART 4: POPULAR SHADES OF BLUE AND PINK
point variance against sell-out.

Fashion Colours                                                            Alice McCall                  Bec & Bridge                           By Johnny.               Alice McCall
Pink and blue were the top two prominent fashion colours, as they
were the only fashion colours appearing in the top 5. Based on
Chart 4, pastel colours reigned supreme for blue, following Kate
Middleton’s periwinkle blue number by Elie Saab at Royal Ascot
2019. Meanwhile, the shades of pink were more playful, as both
bright and pastel hues were equally well received. Bright pink
shades were popular especially at Melbourne Cup and Stakes Day.

Interestingly, red   showed signs of missed opportunity with 4
percentage point variance against sell-out.
Spring Racing Trends in Australia - Omnilytics
SPRING 2019                                                              CHART 5: NEW-IN CONTRIBUTION BY CATEGORY

Overview on Headwear                                                                              New-In Contribution

                                                                                            8%
Although headwear is not compulsory in Australian spring races, it                                                      Headbands
is still an integral part of the race day outfit, completing the look.              20%                 37%
                                                                                                                        Fascinators
Headbands and fascinators took up a major contribution in the
new-in styles, accounting for more than 70% of this season’s                                                            Hats
newness.
                                                                                                                        Hair Clips
                                                                                            35%
With the growing popularity of hair accessories recently, Hair Clips
were also an alternative form of headwear, albeit having a
relatively small contribution. Pearls, resin and tortoiseshell hair
clips, which were popular in the ‘90s, commanded most of the hair
                                                                         CHART 6: NEW-IN CATEGORY CONTRIBUTION BY BRANDS
clips styling this season.

Brand Contribution                                                         Brands                                       Headbands     Fascinators   Hats
Overall, Morgan Taylor and Gregory Ladner were the biggest
contributors to the headwear newness. Morgan Taylor led in the             Morgan Taylor                                    25%          35%        43%
Headbands and Fascinators department, while Gregory Ladner
dominated Hats marginally.                                                 Max Alexander                                    20%          30%        7%

                                                                           Gregory Ladner                                   22%          14%        44%

                                                                           Olga Berg                                        22%          12%        1%

                                                                           Ford Millinery                                   11%           9%        5%

                                                                           Total                                           100%         100%        100%

                                                                                                                                                           7
Spring Racing Trends in Australia - Omnilytics
SPRING 2019

New-In Styles: Headwear

With no stringent guidelines or rules for headpieces for the
Australian spring racing season, the key trends surrounding
newness in alternative forms of headwear were more robust and
saw a lot of varieties. These included:

OTT Headbands
As seen at Prada, the padded ‘80s headband is now back on trend,
giving inspiration for over-the-top headbands as a key headwear
trend for the races. The ‘crown’ look was prevalent, mostly in the
                                                                        Ford Millinery Akira Headpiece         Gregory Ladner Shallow Hood Boater   Morgan Taylor Velvet Bow Clip
form of flower garlands. Other elaborate headband styles included
                                                                        AUD 289.95                             AUD 79.95                            AUD 49.95
the colourful halo crown, wide and high padded headbands, as well
as the large turban style headband, which also came in floral print.

Boater
Straw in millinery continued to be popular, especially for wide brim
hats. This season, the boater style with wide ribbons took the centre
stage. This style offering was mostly seen at Morgan Taylor and
Gregory Ladner in neutral colours but loud fashion colours such as
pink, red and orange were popular too.

Bow Elements
Big bows were a major element in headwear this season as they
appeared not only in the form of satin hair clips but also across
headbands, fascinators, and hats.

                                                                                                                                                    Max Alexander Black Satin-Covered
                                                                        Olga Berg Luciana Raffia Fringe Halo   Ford Millinery Spangle Star Boater   Pillbox with Large Bow
                                                                        AUD 69.95                              AUD 499.95                           AUD 129.00
Spring Racing Trends in Australia - Omnilytics
SPRING 2019

Styles Spotted at Spring Races

The spring races, which officially kicked off in October with the
Caulfield Cup and The Everest, saw similar trending styles among
the Australian influencers and racegoers. The two races, which fell
on the same day, saw dresses, sleek pantsuits and jumpsuits to be
among the popular choices despite having different themes and
dress codes.

As predicted by stylists, tonal tailored suits proved to be popular,
especially at the Caulfield Cup. Floral prints were especially huge,
appearing in dresses in feminine silhouettes with puffy sleeves and
ruffles during the event. This style was also prominent at The         @victorialee    @katewaterhouse7     @ amypejkovic

Everest, complete with statement headbands. Pink, blue and yellow
were among the popular colour choices aside from the usual core
colours.

As for Derby Day, ultra-feminine and sophisticated looks were
apparent, where attendees adhered to the black and white dress
code, donning full lace dresses as well as tailored skirt suits and
jumpsuits. Classic wide-brimmed hats were mostly chosen to
complete the look.

Meanwhile, Melbourne Cup, which also known as ‘the race that
stops the nation’, saw more bold, progressive styles yet still
remained feminine. As expected, the biggest event in the Spring
Racing Carnival was more colourful, as racegoers mostly came in
bright fuchsia, canary yellow and scarlet red. Softer hues such as
baby blue and blush pink were popular too.

                                                                       @brookehogan1   @michellebattersby   @nadiabartel
Spring Racing Trends in Australia - Omnilytics
SPRING 2019

Conclusion

Main Findings                                                    Next Steps for Brands

Floral Print to Stay: Although floral prints tend to evolve      Balancing the Art and Science of Fashion: The trends from
season after season – from garish, retro florals in 2018 to      the runway, and street styles from Instagram, have proven
bold florals in 2019, the print remains a success and            to be good indicators of what would be trending for the
continues to have its pull. The brands’ constant injection of    races.   Furthermore,    there   is   opportunity    for   local
newness in this print coupled with the high adoption             Australian brands thanks to the 6-month seasonal gap
amongst racegoers further prove that the print is a must-        Australian   labels   have     compared   to   the   Northern
have for the racing season.                                      Hemisphere brands.

The recent trend on feminine silhouettes such as puffy           The success seen with the recent trending silhouette, puffy
sleeves, midi length dresses and romantic ruffles, as well as    sleeves, which was huge not only on social media but also
girlish hair accessories also helped amplify its popularity,     across fast fashion retailers, was reflected similarly in
making this combination a key style that will influence the      Australia. Trending fashion colours from the runways that
wedding season. Also, as the races in the United Kingdom         have proven to be successful will also help brands
are more stringent with the dress codes, the feminine            understand how colours and trends perform over time.
silhouette seen in the newness will continue to shape the
racewear trends in 2020, but in a more conservative style.       Make Informed Decision-Making: Relying solely on runway
                                                                 trends would be risky when it comes to commercial
Importance of Fashion Colours: While the monochromatic           interpretation. With data-backed trend analytics, brands
black and white will always remain as the main core colours      would have a higher rate of success and efficiency, as well
in apparel, fashion colours showed of bigger importance to       as a guided direction, provided that monitoring and
get right during the spring races. For instance, the lack of     tracking is done diligently.
red offerings as depicted in Chart 3 proved to be a huge
missed opportunity for the brands. Furthermore, Royal            As spring racing is a key event on the yearly calendar,
Ascot that took place during mid year has definitely             brands should monitor recurring success from their
influenced the popularity of certain colours such as icy blue,   bestsellers and update them for new collections with
pink and red, which would point towards consumers’               trending prints, silhouettes and colours of the season to
                                                                                                                                    Instagram @alicemccallptyltd
demand.                                                          drive commercialism.
Definition of Key Metrics

 Metric                                  Description

                                         The total count of stock keeping unit (SKU) i.e. the number of styles that a brand offers. In the report context, it is the total product count within a
 Assortment SKUs Count
                                         data set.

 New-In                                  The products that are newly added to the retail website within the timeframe selected.

                                         The number of new products launched by a brand within the timeframe selected. It is calculated by dividing the new-in count over the total product
 New-In Rate
                                         count within a data set.

 New-In Contribution %                   Calculated by dividing the number of new-in product count over the total new-in count within a data set.

 Sell-Out                                A product registers a sell-out event when it is indicated as out-of-stock or no longer published on the website.

 Sell-Out Contribution %                 Calculated by dividing the number of sell-out product count over the total sell-out count within a data set.

 Percentage Point Variance (New-In vs.   Calculated by subtracting the new-in contribution with sell-out contribution on unit percentage difference. Metric is used to indicate sign of potential
 Sell-Out)                               missed opportunities and overstocking.
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