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Random fashion thoughts - Page 4864  

post #72946 of 109053
http://www.theverge.com/2013/2/4/3938202/flash-sale-sites-split-between-mild-optimism-and-apocalyptic-despair#

Interesting article about flash sale companies going under.
post #72947 of 109053

Interesting read. The quality of the stock makes a huge difference.

 

Anyhow, my "1 purchase per season" rule is working out pretty well. It eliminates a lot of shit you just buy on impulse and fleeting desire.

post #72948 of 109053
that is interesting. totally not surprising. margins are tough in full-price retail a lot of the time. can't imagine how a site like gilt thought it would continue to do well once some competition popped up and designers stopped having a bunch of good inventory they wanted to get rid of (now it's just garbage they can't sell even in a recovering economy). i think gilt in particular tried to expand way too fast. seemed like they grew into too many different areas (jetsetter, gilt city, taste, probably others I'm not remembering). that quote from the VC was pretty spot on: investors and entrepreneurs jumping into an industry they didn't fully understand.
post #72949 of 109053
Quote:
Originally Posted by pickpackpockpuck View Post

that is interesting. totally not surprising. margins are tough in full-price retail a lot of the time. can't imagine how a site like gilt thought it would continue to do well once some competition popped up and designers stopped having a bunch of good inventory they wanted to get rid of (now it's just garbage they can't sell even in a recovering economy). i think gilt in particular tried to expand way too fast. seemed like they grew into too many different areas (jetsetter, gilt city, taste, probably others I'm not remembering). that quote from the VC was pretty spot on: investors and entrepreneurs jumping into an industry they didn't fully understand.

 

confused.gif

post #72950 of 109053
that guy means confused, no? full-price retail as in not a discount site. but even if you want to talk about a piece that's being sold at full price as opposed to sale, the store markup is usually like 2.3x-2.5x wholesale, so out of that 2.3x-2.5x markup the store has to make enough money for rent, utilities, staff, more money to buy new inventory for the next season, etc. Even if you sell a really expensive item at full price, you're only bringing in a small chunk of cash. You need to sell A LOT of them to do well. Most retail shops fail within their first few years. i'm guessing you get much better margins on stuff like perfume and handbags, which is why those are the money makers for most luxury brands.
post #72951 of 109053
RAF boosted Dior's sales by 24% since he joined. Killin' it
post #72952 of 109053
Maison Martin Marginella
post #72953 of 109053
Has anyone else ever put all their clothing into a spreedsheet?

Since getting into the clothing game my goal was to own as few pieces as possible and keep it simple. But looking at everything I own in a categorized list... ffffuuuu.gif
post #72954 of 109053
Worst idea ever.
post #72955 of 109053

Shortcut to misery.

post #72956 of 109053
a while back, I felt like I had some holes in my outerwear game, so I typed everything up in microsoft word, which made me realize I have much less than I actually thought (that I wear, anyway).

Made it easier to justify copping more stuff, which I guess is always good? I've been somewhat content lately, so I haven't updated it.
post #72957 of 109053
if youve got the spare time to organize your clothing into a spreadsheet you've got bigger issues than holes in your wardrobe.
post #72958 of 109053

mikey, 99 problems but a spreadsheet aint one

post #72959 of 109053
Psssh spreadsheets

Most of my wardrobe can fit on a stickynote.
post #72960 of 109053

I might just sig that

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