An introduction to the clothing retail business in ever changing fashion trends

We will locate Booming Boutique in downtown Pleasantville, Florida, which is a popular retirement and tourist destination.

A small portion of our investment will be used to create an online clothing store. Generate repeat and referral sales. EcoWise Boutique, which targets a younger demographic and specializes in natural fiber clothing.

When considering the addition of wall mounts for merchandise, multi-level clothing displays as well as creative floor planning, this facility is large enough to support future growth.

2018 retail, wholesale and distribution industry trends outlook

However, we feel the labor pool is such that finding qualified employees will not be an issue. We will use the remaining space for stock and administrative purposes.

Mathews has worked ten years in the retail industry, including four years as the manager of an antique furniture shop.

During the s, the loose-fitting hippie clothes of the prior decade gave way to exotic fabrics and bell-bottom jeans for men and women. Monday through Thursday, from 10 a. Cash layaway plans will also be permitted. We are currently seeking funding from outside investors and business loans.

It became socially acceptable for cosmopolitan women to showcase their wealth through the value of their jewelry. We already have connections in all the necessary places. However, we have identified an ideal spot in the downtown district of Pleasantville.

Designers like Emilio Pucci revolutionized the era with his psychedelic fabric prints, and fashion icons like Jackie Onassis Kennedy were the picture of feminine class and sophistication.

While supercenters and megastores ruled the past two decades, more and more consumers are looking for change. While car dealerships, grocers and home improvement retailers account for a sizable portion of the retail market, the main local shopping district is downtown.

And modern fashion trends are less widespread and universal than they were in decades past. In reality, as the Baby Boomers numbers decrease, there will be fewer older Generation X-ers to sell to.

However, we do realize that we will likely attract some younger women with our peripheral products handbags, scarves, etc. Our pricing structure will remain flexible, as we will implement suggested retail pricing on common brands as well as the standard practice of keystoning prices.

Our supplier relationships and exclusive product offerings will prevent future competitors from entering the market as a competitor. Eventually, we hope to establish and nurture an online social community where women can gather and discuss topics of the day, network and share clothing secrets.

We will also purchase inventory, a cash register, computer equipment and an inventory management system. These positions are yet to be filled. We have secured the domain name BoomingBoutique.

The Brief History of Fashion Trends

Pleasantville is located a mere 30 miles from the sandy white beaches of St. Our sales team will earn an hourly rate, plus a generous percentage of commission from each sale. While other stores offer some style equivalents, they are not focused solely on the baby boomer generation.

These platforms allow us to create an online storefront quickly and will manage all aspects of it including creating shipping labels, accepting payment, and monitoring inventory.

We will initially seek customers locally, but will increase our reach as we build our brand and secure our image. We will achieve month-to-month profitability within the first year.

They value uniqueness, convenience, service and quality. Robin Mathews will manage the day-to-day operations including supervising staff, maintaining inventory and bookkeeping. These will rely heavily on local print and broadcast media coverage, traditional advertising, signage, a direct mail marketing campaign and networking.

Many of these retirees are looking to retire on the water in a cozy, yet thriving community. There is one super-store within a mile radius of Pleasantville.

How well do you know the designers of high fashion? Our sales associates will be paid an hourly wage, plus commission.Pop culture is marked by ever-changing nostalgia for fashion trends from decades past, but all of these individual trends seem to coexist.

Pieces of fashion from the s, s, s, and s. Besides covering retail and economic fundamentals, this edition discusses the latest business and retail trends, computer applications, and communication strategies used to satisfy the ever-changing fashion market.

Jan 23,  · Retail moves at the speed of culture, which means players sometimes quickly come and go. This speed is hastened by new technology and the group of shoppers using it the most – millennials.

Retail Clothing Line Business Plan

Introduction to Fashion Industry In: Business and Management Submitted By irfanriz17 Words hence, the world’s cultures are changing fashion constantly.

Also, social, economic, political and legal factors keep changing than before. New fashion trends, fashion news, new products etc. all information reaches people across the globe.

Retailing, though as old as business, trade and commerce has now taken new forms and shapes. This is because of new management techniques, marketing techniques and also due to ever changing and dynamic consumer psychology.

The retail, wholesale, and distribution industry outlook explores recent trends and how they impact on today's consumers and business owners.

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An introduction to the clothing retail business in ever changing fashion trends
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