Luxury Retail

Retailers at the high-end are giving investors hope that they are immune to the economic woes that beset the consumer goods sector. However, recovery has been spotty, even among the high-end names. Industry stresses have driven more mergers and outright business transfers among retailers generally, with the luxury goods strata paying more attention to tightening receivables, renegotiating terms, considering new vendor relationships, and shortening product lines. Accounting strategies developed by professionals who understand your industry are key to ensure your business takes the best path among tax and accounting strategies available.

Video Placeholder
Michael Hoffman

Michael Hoffman, CPA
732.626.4499
More about Michael Hoffman

Lease accounting arguments and proposed strategies

Luxury brands reap their equity overseas and stumble in financial planning

The complexities of retail accounting made simplier

Integrating the supply chain reporting systems with financial reporting systems

M&A expansion and consolidation

Sourcing overseas and heightened accounting sensitivities