FM109 Final

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Last updated 2:12 AM on 5/17/23
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101 Terms

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national brand
\
identifies the manufacturer of a product; widely distributed in many stores across the country
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designer brand
acquire a special status that permits them to be sold at higher prices
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private label
\
one that’s owned by a retailer and found only in its stores; I.e. the American Rage line sold by Macy’s
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retail store brand
the name of a chain that’s used as the exclusive label on most of the items in the store or catalog
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tops, bottoms, dresses & jumpsuits, outerwear, swim
womenswear classification
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misses, juniors, petites, womens’ or plus, maternity
womenswear size ranges
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misses
includes regular even-numbered sizes 4 to 22; sometimes size 0-4
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juniors
includes regular sizes 5 to 21
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petites
includes misses; even numberes sizes 2P-22P
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women’s or plus
includes even-numbered sizes from 14 to 28, or 14W to 28W
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maternity
usually based on pre-pregnancy size or S/M/L/XL
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haute couture/runway/design houses
Schiaparelli, Hermes, Mugler
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designer signatures/luxury
Prada, Gucci, Dior, LV, YSL, Chanel, Celine, Chloe
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brige
bridges the price range b/w design & better; i.e. Proenza Schouler, Rodarte, Paul Smith
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contemporary
new zone favored by new designers; i.e. Veronica Beard, Ganni, Rag & Bone
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better
medium to high, appeals to the upper middle-class market; i.e. Calvin Klein, Ralph Lauren, Coach
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moderate
nationally advertised makers that appeal to middle-class consumers; i.e. Gap, American Eagle, Levi’s
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mass market/budget
lowest price zone, known as promotional; i.e. H&M, Mango, Old Navy
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quality & quantity of materials; worksmanship; amount and type of labor required in the production process; organizational structure of the business corp.; showroom, event..etc
major factors contributing to the wholesale price of a garment
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markup
the calculated difference b/w the retail price and the cost price
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menswear
the oldest of the domestic apparel industries; first to move from handworl to machine production
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the industrial revolution
created a managerial class made up entirely of men
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the look
a tailored dark-colored suit that men would wear in offices
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slop shops; Brooks Brothers
the first RTW men’s clothing was made here by tailors for sailors who arrived in need of clothing to wear on land
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civil war uniforms
helped to develop standarized sizing for menswear
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post-civil war
custom clothing gave way to mass produced menswear
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tailored clothing, furnishings, outerwear, work clothing, uniforms and others, sportswear
menswear categories
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tops, bottoms, suiting & sportcoats/separates, outerwear, swim
menswear classifications
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chest
men’s tailored clothing is produced in proportioned sizes, with the number ranges representing () measurements
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short, regular, lon, extra long, portly short, large
men’s tailored clothing sizes
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childrenswear
a business that’s fashionable not a fashion business
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character and toy licensing, sports and corporate licensing
a growing business practices to boost sales
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1. planning the line
2. creating the design concept
3. developing the designs
4. planning production
5. production
6. distributing the line
the product development process
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innerwear/intimates
comfort-focused fabric and construction innocations
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bras, lingerie, shapewear, loungewear, sleepwear
women’s innerwear categories
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shapewear
girdles, corsets, and corselettes are foundational items
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Nancy Ganz; 1988
invented the shapewear category with Hipslip
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daywear; nightwear
lingerie has been divided into:
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daywear
slips, petticoats, camisoles, and panties
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nightwear
nightgowns, sleep shirts, nightshirts, chemises, pajamas
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bodywear/activewear
clothing worn for sport or physical exercise for practical, comfort, or safety reasons
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handbags & SLG’s; belts; cold weather; millinery; neckwear; eyewear
categories of accessories
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millinery
bucket hats, balacava, baseball hats, cowboy hats, fedoras..etc
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fascinators
a formal headpiece, usually a large decorative design attached to a band or clip
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Luxottica
dominates eyewear
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Nike
largest footwear shoe brand
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capital investment, production issues, inventories
cost of entry of footwear is more expensive than other fashion categories bc:
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fine, bridge, costume, and ethnic
categories of jewelry
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fine jewelry
precious metals: gold, white gold & platinum; precious and sometimes semi-precious stones measure in carats
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bridge jewelry
jewelry that forms a bridge in price, materials, and style b/w fine and costume jewelry; sterling silver---925 silver
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costume/fashion jewelry
mass produced with coatings and faux gems, glass, wood, plastics, or low-cost metal
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ethnic jelwelry
from all over the world specific to cultural origin
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skincare, haircare, makeup/color cosmetics, perfume, hygiene, suncare, nailcare
categories of beauty
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skincare
the most dominant segment of the beauty industry
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in-store try on; sampling/ gift with purchase
beauty marketing
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hard goods, soft goods, tabletop, giftware
categories of home
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supply chain
the cumulative network of ppl, entities, activities, information, and resources involved in moving raw material, components, and finished products from original suppliers to end users
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dropshipping
a unique supply chain method in which the retailer doesn’t actually own the product sold; the sellers transfers an order over to a supplier, who handles the actual shipping to the customer
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fiber producer
tier 4 of the fashion supply chain
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yarn producer
tier 3 of the fashion supply chain
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fabric producer
tier 2 of the fashion supply chain
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garment producer
tier 1 of the fashion supply chain
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brands and retailers
tier 0 of the fashion supply chain
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subcontractors
why most brands can’t trace their supply chain
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supply chain traceability
whether a brand can fully trace their supply
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supply chain transparency
a brand letting the customers know the full supply chain information
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market
the place where goods are offered for sale and sold at wholesale prices
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buyers
attend markets to choose the styles consumers will be wearing in a few months
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domestic market
refers to the market in one’s own market
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foreign market
refers to markets outside the US
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market center
a city where retail products are offered and sold at wholesale
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New York
US’s first market center for apparel; garment district
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mart
a building or complex of buildings that houses a wholesale market that’s an exhibition of fashions that are ready to be sold to retail stores
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publicity, information, and education
services of market centers & marts
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trade shows
periodic exhibits scheduled throughout the year in regional market centers and some marts
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market week
specific times when a market center or mart producers and designers gather to exhibit their new lines
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France; ecole de la chambre syndicale
established in 1868; sets the standards and dates for the haute couture shows; represents its memebrs in arbitration disputes and seeking regulation of wages and working hrs
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haute couture
creates profitability thru PR; established boutiques and licensing arrangements; RTW lines to attract larger market
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pret-a-porter
ready to wear; money-making section of the fashion industry; standarized sizing and mass manufacturing created profitability
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Italy
France’s rival; renowned for their superb knitwear, accessories, adn textiles; designers capitalized on the highly skillerd domestic laborers
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London
best know for handcrafted suits from Savie Row; British Fashion Council
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bespoke
men’s clothing that’s made to measure; 6-10 wks
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* local laws and regulations
* efficiency of the transportation system
* availability and skill of the labor force
* tax system and exchange rates
* local and national customs
* current and political and economic climate
importers need the knowledge of:
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* foreign fashion markets
* store-owned foreign buying offices
* resident buying offices
* commissionaires or independent agents
* imprt fairs in the US
* importers
foreign-made goods can be purchased at:
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buying offices
external, regional offices to assist buying teams in procuring merchandise outside of their local geographic area
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store owned buying offices
owned and affliated with only one store
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associated/cooperative buying offices
jointly owned and operated by a group of privately owned stores
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resident buying offices
third-party; does the buying and researching for many big producers and retailers in the same line of business
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private label buying
* manufacturer designs merch, which the buyer then buys off of the manufacturer’s line
* buyer puts their own label on merchandise
* manufacturer agrees to not sell that merch to other buyers
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specification buying
retailers provide standards and guidelines for the clothes they order and the manufacturer must adhere to that standard
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counterfeits
inferior imitations passed off as the genuine article
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black market
illict goofs or commodities that are in violation of official regulations are traded
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gray market
goods that weren’t intended for sale in the country in which they’re being sold
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trade agreements
reduce barriers to trade such as tariffs, subsidies, and embargoes that limit a nation’s ability to import or export goods
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Godey’s Lady’s Book
first magazine for women; first publication to combine advertising & publicity
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* industry news
* new fashion lines/collaborations
* reporting by and for the retailers
industry publications report on:
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advertising agencies
create ads and place them in prints or online publications, TV, social media; prepare selling materials & manuals; perform market research
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publicity
unpaid mentions on news, in media, talk shows, articles, etc
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editorial credit
given when a celebrity wears fashions from a certain designer
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public relations agencies
create the publicity by enhancing the client’s image and sales potential, issuing press release, creating social media campaigns, sponsorship, image building & damage control

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