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
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