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How NakedCashmere Increased Global Sales 149% with Shopify Managed Markets

6/18/2024
NakedCashmere
Bruce and Leslie Gifford
NakedCashmere
www.nakedcashmere.com
Santa Monica, United StatesFounded 1970
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Monthly Revenue
Undisclosed
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Founders
Bruce and Leslie Gifford
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Employees
27
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Business Description

NakedCashmere is a California-based luxury direct-to-consumer label specializing in ethically sourced cashmere apparel, sold online and in select retail boutiques.
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Executive Summary

NakedCashmere, a direct-to-consumer luxury cashmere label based in California, turned a fragmented international checkout into a seamless global experience with Shopify Managed Markets. In 4.5 months, they saw a 149% increase in overseas sales and a 7% jump in conversion, all while cutting shipping costs by over 50%.
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Case Study Content

Background

NakedCashmere is a luxury cashmere brand founded in California, known for ethically sourced and artistically crafted sweaters. Sold online and in boutiques in Aspen and Santa Monica, the label built strong U.S. demand but struggled to serve the 10% of its site visitors who came from abroad. Complex VAT rules, surprising currency conversions and steep shipping rates created a broken flow that kept global customers from completing checkout.

The Challenge

When Vice President of Ecommerce Celia Mulderrig joined in 2022 she flagged a gap: international traffic had low conversion because shoppers faced confusing tax requirements and hidden fees. UK customers couldn’t buy lower-priced items without a special link, and everyone saw one price on the site and another on their credit card statements. Handling custom links manually added labor and frustration. The team needed a single interface that showed local currencies, complied with VAT, and gave clear shipping previews.

The Solution

NakedCashmere activated Shopify Managed Markets to unify the international checkout experience. The changeover required syncing a new distribution center but Shopify’s guidance simplified each step. Within weeks, regional storefronts displayed prices in local currencies, calculated duties and VAT upfront, and offered lower freight quotes. No more separate links, no surprise charges at payment, and a seamless one-page checkout for shoppers worldwide.

The Results

In just 4.5 months post-launch:

  • Global sales surged by 149%
  • International conversion increased by 7%
  • Per-shipment shipping costs dropped by over 50%
The brand also identified strong potential in markets like the Netherlands thanks to local payment methods supported by Managed Markets. Armed with clear data on customer behavior abroad, the team can plan targeted campaigns in Canada, the UK, Europe and Australia to balance seasonal demand.

Key Strategies

Going live during the busiest season posed challenges, but careful coordination with logistics and using Shopify’s built-in tools ensured minimal downtime. By streamlining duties and currency, the brand rebuilt shopper confidence. Now, returns are next on their roadmap, backed by Shopify’s contextual storefronts that can display region-specific policies and promotions.

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Key Takeaways

  • 1Streamlining VAT and duties at checkout removed key barriers to cross-border purchases and boosted customer trust.
  • 2Implementing local currency pricing reduced payment confusion, cutting cart abandonment and improving conversion.
  • 3Reducing international shipping costs by over 50% made purchases more attractive and sustainable for global customers.
  • 4Shopify Managed Markets gave NakedCashmere clear real-time data on where to focus international marketing spend.
  • 5A single unified checkout interface eliminated manual link requests and simplified operations for customer service.
  • 6Success in one European market highlighted the importance of testing local payment methods to unlock new revenue streams.
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Key Facts

Global Sales Increase
149%
Conversion Growth
7%
Shipping Cost Reduction
50%
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Tools & Technologies Used

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Disclaimer: Some data in these case studies may be inaccurate or out of date. In certain cases, AI-generated content is used.