Loretta Soffe

Loretta Soffe Email and Phone Number

Executive Coach | Author | Keynote Speaker @ Loretta Soffe
Kirkland, WA, US
Loretta Soffe's Location
Greater Seattle Area, United States, United States
Loretta Soffe's Contact Details
About Loretta Soffe

Following a successful career as a top retail executive, I now serve as a Board Director, advisor, and consultant to leading global brands and multichannel retailers, helping them accelerate revenue growth, increase profitability, and improve the customer experience.As the co-founder of L+J Consulting, we work closely with CEOs and C-suite executives to strategically position their brands in a competitive landscape. we focus on gaining market share, attracting and retaining loyal customers, and driving business performance. By placing the customer at the center of decision-making, we craft near- and long-term strategies that are realistic, impactful, and affordable. Our goal is to aid in streamlining operations, creating meaningful customer relationships, and establishing a strong, values-driven company culture.With my experience as a Nordstrom executive and Senior Advisor to BCG, I bring over three decades of industry insights and a results-driven approach to deliver immediate, lasting impact.

Loretta Soffe's Current Company Details
Loretta Soffe

Loretta Soffe

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Executive Coach | Author | Keynote Speaker
Kirkland, WA, US
Loretta Soffe Work Experience Details
  • Loretta Soffe
    Executive Coach | Author | Keynote Speaker
    Loretta Soffe
    Kirkland, Wa, Us
  • L+J Consulting
    Co-Founder
    L+J Consulting Jun 2024 - Present
    Seattle , Wa , Us
    Judy and Loretta bring decades of hands-on experience in retail operations and brand strategy, offering deep expertise to help leaders overcome obstacles, achieve their business goals, and unlock growth potential. Having owned the P&L and led teams, we understand the pitfalls, we know where to look for answers, and we know where to apply focus for immediate impact while planning for the long-term.In an increasingly volatile global market, with unpredictable customers and tougher competition, running a business is more challenging than ever. L+J was created to integrate brand-building initiatives into the everyday operations and execution of the business, helping companies maximize their full potential.
  • Loretta Soffe Consulting
    Retail Strategy & Business Growth Consultant
    Loretta Soffe Consulting 2012 - Jun 2024
    Mercer Island, Washington, Us
    Collaborating with CEOs, C-suite executives, and investors spanning various consumer segments, from mass market to luxury, including apparel, footwear, action sports, accessories, beauty and lifestyle. I specialized in Brand Strategy and Product Positioning, Digital Transformation, Channel Optimization, Retail Technology, Organizational Design, and Leadership DevelopmentCombining customer-centric insights with cultural influences and keen marketplace intelligence, I focused on uncovering opportunities and crafting near and long-term innovative growth strategies for omnichannel brands.Sample projects Included:• Helped craft a complete turnaround strategy for a European department store that led to a 120% increase in EBITDA within two years.• Formulated a product strategy focused on category expansion that culminated in a 207% increase in year-over-year sales and 76 new distribution points for a nationally recognized brand.• Guided a transformative forecasting and financial planning process, culminating in a 20% reduction in inveotry ownership and a 26% increase in early for a global brand.
  • Boston Consulting Group (Bcg)
    Senior Advisor - Global Retail Practice
    Boston Consulting Group (Bcg) 2012 - 2022
    Boston, Massachusetts, Us
    Advised mid and large cap CEOs, C-suite executives, and investors globally on business transformation, category and product strategies, channel optimization, and organizational design.
  • Mondetta Clothing, Origami Owl, Pas Group
    Member Board Of Directors
    Mondetta Clothing, Origami Owl, Pas Group 2015 - 2021
    Origami Owl (Privately held), 2015-2021, Multi-Level Marketing Custom Jewelry Company Mondetta Clothing (Privately held), 2016-2021, Canadian Sportswear Co. & Manufacturing Company PAS Group (Publicly held) 2016-2017, Fashion Apparel & Accessories Retailer, Chair of Product & Brand Innovation Committee
  • Nordstrom
    Executive Vice President, General Merchandise Manager Women'S
    Nordstrom 2005 - 2012
    Seattle, Washington, Us
    Led $2B P&L and achieved aggressive year over year results while directing all channels of business. Managed team of VP’s in finance, merchandising, product development and marketing. • Drove all strategic initiatives, product assortment, sales and inventory plans, marketing initiatives and store planning for Women’s Apparel. • Member of Executive Team and key contributor in strategy development and implementation for Nordstrom.com, resulting in creation of a world on-line leader in eCommerce. • Partnered with internal stakeholders and premium global brands to deliver exclusive products and private events for high value consumers resulting in market share gains and enhanced customer loyalty. • Designed and implemented a leadership development program for high potential divisional Vice Presidents across merchandising, finance and marketing, majority advanced to larger roles after 24 months.
  • Nordstrom
    Vice President, Juniors And Contemporary Apparel
    Nordstrom 2000 - 2005
    Seattle, Washington, Us
    Led financial planning, product assortment and merchandising strategy for a $250M division. • More than doubled revenue to $550M by redeveloping the contemporary business with national brands, and private label.• Identified growing customer demand and created a new product category resulting in over $250M in revenue and $100M in additional profit. • Partnered with indirect pop-culture brands and entertainment studios to deliver unique and interactive experiences across 100 full-line stores and online via social media. • Built shop-in-shops in 125 full-line stores to showcase nationally recognized denim brands resulting in exponential sales increases and solidifying Nordstrom as the premier partner across the segment.
  • Nordstrom
    National Buyer, Brand Manager
    Nordstrom 1988 - 2000
    Seattle, Washington, Us

Loretta Soffe Skills

Merchandising Retail Fashion Apparel Trend Analysis Marketing Leadership Visual Merchandising Profit E Commerce Trend Brand Development Styling Private Label Retail Buying Footwear Assortment Retail Sales Trend Forecasting Store Management Business Strategy Merchandise Planning Fashion Buying Fashion Design Sportswear Store Operations

Loretta Soffe Education Details

  • University Of California, Berkeley
    University Of California, Berkeley
    Business/Managerial Economics
  • University Of California, Berkeley
    University Of California, Berkeley
  • University Of California, Berkeley
    University Of California, Berkeley
    Business And Economics

Frequently Asked Questions about Loretta Soffe

What company does Loretta Soffe work for?

Loretta Soffe works for Loretta Soffe

What is Loretta Soffe's role at the current company?

Loretta Soffe's current role is Executive Coach | Author | Keynote Speaker.

What is Loretta Soffe's email address?

Loretta Soffe's email address is lo****@****ive.com

What schools did Loretta Soffe attend?

Loretta Soffe attended University Of California, Berkeley, University Of California, Berkeley, University Of California, Berkeley.

What skills is Loretta Soffe known for?

Loretta Soffe has skills like Merchandising, Retail, Fashion, Apparel, Trend Analysis, Marketing, Leadership, Visual Merchandising, Profit, E Commerce, Trend, Brand Development.

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