Part I
A. Company name: Lyta Apparel
B. Categories: the company will have 6 categories: shorts, pants, shirts, jackets, knit sweaters, and briefs. Size ranges: S-XXXL, pants and shorts will range from 22 to 42 Price points: wholesale: $20-35: Retail: $50-$60
C. Sales volume; The average price is $30 X 13000 units = $390,000 Customer base: Men between 18 and 35 years who love fashion and they have an annual income of $50,000 to $110,000. This group is tech savvy and they can shop online as well as the traditional brick and mortar stores. Number of stores: ten retail stores and an online platform will be sufficient to reach the target market. Types of Stores: Exclusive men’s clothing store within cities that will be supplemented by an e-commerce website for those who wish to shop online. Size of average order: $30 average price X 1500 units= $45,000.
D. Next Line
Number of styles: 10 shorts + 20 pants + 10 shirts + 5 jackets + 10 knit sweaters + 10 briefs= 65 styles.
Projected volume: 13,000 units X $30 = 390, 000
Sales goal: $390, 000
E. Cost Sheets
Part II
A. Cost controlling
The production process will have to control cost to
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