For this growing population, we can track the merchandises and find out what kind of items the customers spend money on. We gather the data and analyze the pattern and what style the customer is looking for. We send e-mails to the customers when getting new items that fit the customer’s dress preference with style suggestions.
Luxury fashion items can be acquired via several different avenues, as well as at several different price points in today’s market. Previously, the only options consumers had for the acquisition of luxury fashion goods was to purchase directly from the retail store; however, now there are an enormous amount of resources for consumers to opt for a used product at a much lower price by shopping on websites like eBay, or by purchasing from the growing amount of high-end consignment stores. Another option that luxury fashion consumers can easily utilize is to buy the item new and at a cheaper price by shopping at outlet stores or discount department stores like Nordstrom Rack and T.J. Maxx. Finally, these consumers have the option to borrow. Websites like BagBorrowOrSteal.com have created hugely profitable businesses by making the latest luxury accessory available to be rented at a cost that is a fraction of what the item would cost if purchased new from the retailer. These options have granted a much larger array of people the opportunity to experience aspects of the luxury lifestyle and the luxury image than ever before.
Based off of my last journal about the fashion industry and how it has an economic impact. Recently a friend of mine opened up a fashion boutique in a mall. He has always been into fashion probably the most fashion intellectual person I know. In the boutique my friend has inventory ranging from shoes, hoodies, jeans, accessories, etc. All the inventory are clothes or shoes that are either hard to find or sold out due to the demand of the product being higher than the supply. The shoe prices range from $200-$2000 depending on what shoe you are looking at. The prices of clothes are practically the same price range as the shoes. One of the clothing brands that are probably in my opinion the grail items in the boutique is the collection of clothes
Since I was little, I always knew that I wanted to be a part of the fashion industry in some way or form. So, as I got older I decided to take on the path of becoming a fashion merchandiser. Though that path has not been easy, I knew that being a Fashion Merchandiser was a right fit. Fashion Merchandising is defined as the promotion of apparel sales and evolves the tasks necessary to deliver the clothing requests and meet the needs of designers and customers. A Fashion Merchandiser can determine future style trends and must have a strong sense of style. Understanding what people want is what makes any fashion brand successful, especially a Fashion Merchandiser. Deciding to become a Fashion Merchandiser has led me on to the right path in which
Of the hundreds of named brand clothing that form part of the retail and fashion industry I chose to compare, for my analysis, Abercrombie & Fitch, Forever 21, American Eagle, and H&M. These stores are prominent, well-known for selling apparel, shoes, and accessories by the means of offering sales and promotions to their customers. This is a clever strategy for attracting customers, allowing them to believe that they bought goods at affordable, convenient prices – and not to mention the prestigious name prescribed to the clothing brands. Using keyhole.co as my main source, I obtained relevant and valuable information regarding the status of these brands. My intentions were to compare a period of 14 days, however, due to the limited access that I received from my free trial, the program only allowed me to see fewer of the dates than I anticipated. I want to take this opportunity and mention ahead of time that due to the various and distinctive products that are sold from these stores, when looking for the “spending capacity” I decided to focus on shirts/ jeans for men and women and compare the prices among them since each of these retailers carry those items and as a way to make this report easier to contrast and comprehend. Also, when approaching the section of “setting”, I screen-shotted some of the images on Instagram and made them into a collage to separate the type of clothes and trends that each of these brands sell currently. In the following modules
Marshall Field’s designed a personal shopper assistance program called Tip to Toe shop (107). These assistances helped put together an entire outfit, with pieces collected throughout the store (107). Shoppers didn’t even have to be in the store to benefit from this program (107). One customer was so pleased with her shipped ensemble, that she invited her personal shopper to her husband’s inaugural ball (107). The staff would also help customers with a short budget, find good quality attire that was not couture (105). In result, shoppers benefitted largely from the staff at Marshall
Stores have “cutting edge” look and are meeting points for fashion, music and street art Latest trends in young women’s clothes and accessories Women’s underwear, lingerie and nightwear Items for home eg home textiles, bedclothes, bathroom and table linen, glassware, cutlery and children’s bedding Fashion accessories eg handbags , footwear, leather goods and costume jewellery
Garments are one the crucial needs of all humanity, and design dress are dependably on request all through the seasons. At an early stage when beginning a discount attire business, one ought to remember some vital particulars before beginning an online discount apparel exchange.
This line of consignment business has always intrigued me; but till now, all my wonders were questions with no
By the 21st century, the advancement in technology has forever changed the way clothing is made. “The impact of CAD software on everyday clothing is becoming more prevalent as the software is linked to 3D printing technology.” This saying, clothing has come to be an easy thing to come by and still is advancing. “Machines for home printing are becoming more affordable… the ability to create customized clothing is becoming more of a reality as technology evolves.” As technology evolves, it will impact the way people shop for clothes and how their clothes are
This expansion demonstrates how the luxury industry is now run by massive corporations whose focus is only on growth, visibility, brand awareness, advertising, and most importantly, PROFITS! With growth and expansion, has come a decrease in quality and rarity. The luxury garments produced are mostly not handmade but are even outsourced to large factories in places such as China and Turkey. Also, to meet quarterly turnover projections, “designers churn(ed) out increasingly trendy collections of clothes, handbags, and shoes.” (Thomas, Pg. 246) With hundreds of new stores around the globe the surplus of designer labeled merchandise is immense hence, the proliferation of outlet malls.
Ross Dress for Less has been keen to ensure it retains competitive edge where substitutes are concerned. The company through its price strategy coupled with purchasing methods which are unique can be said to be the key factors that counteract the threat of substitutes. There is the need for the company to keep watch of fake commodities in the market which may serve to undercut its market.
Although the market for separates is certainly viable given promising growth in test markets, it is not a market that makes sense for Hart, Schaffner & Marx (HSM) to compete in. The trend certainly shows a divergence in how some customers view their needs with regards to semi-formal clothing, but the firm runs the risk of diluting not only the perceived quality of its clothing, but also alienating its current client base that is partial to the experience HSM offers in its stores. This experience includes personalized expertise on new fashions, custom tailoring, and the status associated with purchasing and wearing the company’s clothes.
As a result of minimizing the amount of buying consumer goods, the clothing style will vary from person to person. Occasionally a group will find clothing, furniture, and accessories, but it’s most common for people to attend flea markets, ‘freemeets’, or browse a website [www. freecycle.org] where users post unwanted items. The clothing could be in good condition or tattered and worn; it’s all dependant on the person and what is available.
The Garment District in Manhattan has a very rich history. In the 1800s, tailors made mass amounts of men's clothing in the district, and that was the first influence that clothing had on the district. Later, however, the district became the origin of modern American fashion, and became the first American attempt to make fashion and personalization readily available for American men. As the 19th century came to a close, the district’s fashion industry was expanding expeditiously. As immigrants moved into the neighborhood looking for work, they began sewing and making clothing in small, crowded tenement, later known as a sweatshop. In addition, more department stores began to move into the neighborhood. Eventually, with the addition of more