I'm currently a third year student studying Economics @ Cal... one of the businesses I would like to potentially open is a clothing/lifestyle boutique.... basically exactly like http://www.tresbienshop.net/ or http://store.unionlosangeles.com/ I would like to sell Japanese, South Korean, Asian and SEA clothing in the USA and vice versa... Obviously such a business requires a lot of time and passion(traveling to look at and choose lines each season, collaborations, etc.)... so I was wondering what a boutique's net/gross profit margin is on items such as http://www.tresbienshop.net/brand/visvim/ Also, how much would the owner of such a boutique make per year on average? More than enough to wear the clothing they sell? Hahaha... ex. how much does a boutique like http://www.tresbienshop.net/ or http://store.unionlosangeles.com/ make per year? A lot of the people in the boutique business seem to have sort of "fell" into it... more or less... and I sort of want to force my way into it through sheer passion hahaha... Also, what kind of start up capital is typically required for such a business? IDEALLY, I would like to be a Management Consultant after I graduate, then go to HBS or start a boutique... which would hopefully expand to a chain of boutiques. It seems like people like to ostracize those in the clothing industry who come from a business background? People seem to like boutiques, etc. that spend a lot of time posting Polaroid(a little poke...) pictures on their blog, etc... and I would love if if this wasn't my ONLY business. After reading "Brief history 2003 – Store in Lund, Sweden opens 2005 – Store in Helsingborg, Sweden opens 2005 – The webshop tresbienshop.net launches 2008 – Store in MalmÃ¶, Sweden opens 2009 – Major redesign of the webshop 2009 – Store and warehouse in MalmÃ¶ relocated to bigger space 2010 – Complete remake of the MalmÃ¶ store in the works 2010 – Store in Stockholm, Sweden opens autumn" I wouldn't mind if it was my only business... LOL! Four locations... wooow... Thanks!
post #1 of 47
6/23/11 at 3:14am