Michael Penchansky Email & Phone Number

Bluffton, Sc, Us

New York, Ny, Us

-Created concept, devised business plan, architected software and launched SaaS B2B eCommerce Platform. Facilitated over $1B in b2b transactions between fashion's leading brands and retailers worldwide while automating process, expanding market reach, increasing sales and reducing overhead.-Secured multiple rounds of capital raise including strategic investment and institutional funding.-Built a team including Sales & Business Development, Software Development, Product Management, Quality Assurance, Operations, Support, Marketing & Financial Management.-Expanded SaaS product offering via the strategic acquisition of BestRetail, a synergistic direct to consumer eCommerce Platform.-Developed strategic roadmap, enhanced product features, drove market awareness and led client acquisition and retention.-Self sourced successful exit of the business to Kliger Weiss Infosystems (KWI)

Melville, New York, Us

-Following KWI's acquisition of my eCommerce platform BestRetail, led the integration efforts, business development, pricing strategy and market positioning alongside KWI's existing technology stack-Top sales leader consistently delivering new multi-million dollar recurring revenue streams -Advise clients and prospects on strategy and execution of omni-channel retail across brick & mortar and digital channels-Strategize technological advancement, process improvement and elevation of customer experience resulting in long term, renewable contracts-2020 Four Seasons Service Award recipient for the relentless pursuit of client satisfaction and achievement of superior results

-Relaunched the Boutique 9 footwear brand, resulting in $20M annual top line revenue within 2 years-Achieved record sales growth in excess of 500% by elevating brand image, redefining market & distribution strategy, and enhancing the product offering.-Delivered sustained profitability, a first time achievement for the brand-Secured placement in prominent distribution channels including Bloomingdales, Saks, Shop Bop, Urban Outfitters, and many other Top 100 retailers.

Greenwich, Ct, Us

Responsible for the wholesale distribution for both the domestic & international Guess footwear license. Executed strategies across multiple tiers including major department stores, e-commerce, independent channels, landed branded, and special make-up. Leveraged valued industry relationships to place and position the brand for long term growth.

New York, Ny, Us

Managed a team of dedicated sales, design, customer service, and production professionals to fuel growth for the domestic Unlisted and Reaction men's brands. Developed the landed branded and private label programs, delivering multimillion dollar revenue and margin opportunities, consistently exceeding the divisions goals. Traveled abroad to execute strategies with manufacturers and various other supply chain resources to ensure all objectives were met.

New York, Ny, Us

Graduated from the Macy's Executive Training Program in the fall of 2000. Held position of Assistant Buyer for Men's Footwear, responsible for multimillion dollar division across all Macy's doors, domestic and abroad. First graduate of the program to be promoted to Sr. Assistant Buyer and soon after Associate Buyer for Men's Tailored Clothing. Driving branded businesses and forming powerful relationships opened the door for my wholesale career, enabling me to position national brands for growth in the early stages of my career.