Costing For The Fashion Industry
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Costing For The Fashion Industry
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Author : Michael Jeffrey
language : en
Publisher: Berg
Release Date : 2011-05-15
Costing For The Fashion Industry written by Michael Jeffrey and has been published by Berg this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-05-15 with Design categories.
Examines the issues involved in budgeting and costing for the fashion industry, covering manufacturing, sourcing, time constraints, global awareness, and new markets.
Apparel Costing
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Author : Andrea Kennedy
language : en
Publisher:
Release Date : 2020
Apparel Costing written by Andrea Kennedy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Clothing trade categories.
Newcomers to the fashion industry often base costings on the sum of a style's fabric, trims and labor-and to that they simply add their markup. However, every other activity of the business erodes that markup, and they find themselves with an unsustainable profit-or a loss. This guide will help you avoid these pitfalls to guarantee a sustainable profit. Apparel Costing details traditional and current costing methods for the fast-paced and e-commerce-focused fashion marketplace. You will learn industry-specific product/style costing that can be applied to garments produced both locally and globally. You'll also learn how to calculate line item percentages on indirect cost factors, such as factory sourcing, overhead, administration and product development. Key topics include: Target Market Pricing; Variable vs Fixed Costs; Direct vs Indirect Cost Factors; Cost-Based vs Value-Based Costing; Domestic vs International Production Costing; Effect of Sourcing on Costing; Sustainability in Costing; Fast Fashion vs. Slow Fashion
Costing For The Fashion Industry
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Author : Michael Jeffrey
language : en
Publisher: Berg
Release Date : 2011-04-01
Costing For The Fashion Industry written by Michael Jeffrey and has been published by Berg this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-04-01 with Design categories.
This book offers a practical, easy-to-use approach to costing for the fashion industry for general fashion students who lack any accounting experience.
Costing For The Fashion Industry
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Author : Nathalie Evans
language : en
Publisher: Bloomsbury Publishing
Release Date : 2020-02-06
Costing For The Fashion Industry written by Nathalie Evans and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-02-06 with Business & Economics categories.
Costing for the Fashion Industry is a practical, easy-to-use guide to the manufacture, sourcing and risk management methods essential to make a new fashion business venture financially viable. Each chapter focuses on a theme, such as entrepreneurship, time constraints, global awareness and new markets and sourcing, alongside practical exercises and detailed industry case studies to put the theory into context. This second edition explores capital investment decisions, the changing nature of cost and the importance of global awareness and new markets, as well as expanded coverage of internationalization strategies for SMEs.
Overdressed
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Author : Elizabeth L. Cline
language : en
Publisher: Penguin
Release Date : 2012-06-14
Overdressed written by Elizabeth L. Cline and has been published by Penguin this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-06-14 with Business & Economics categories.
Until recently, Elizabeth Cline was a typical American consumer. She’d grown accustomed to shopping at outlet malls, discount stores like T.J. Maxx, and cheap but trendy retailers like Forever 21, Target, and H&M. She was buying a new item of clothing almost every week (the national average is sixty-four per year) but all she had to show for it was a closet and countless storage bins packed full of low-quality fads she barely wore—including the same sailor-stripe tops and fleece hoodies as a million other shoppers. When she found herself lugging home seven pairs of identical canvas flats from Kmart (a steal at $7 per pair, marked down from $15!), she realized that something was deeply wrong. Cheap fashion has fundamentally changed the way most Americans dress. Stores ranging from discounters like Target to traditional chains like JCPenney now offer the newest trends at unprecedentedly low prices. Retailers are producing clothes at enormous volumes in order to drive prices down and profits up, and they’ve turned clothing into a disposable good. After all, we have little reason to keep wearing and repairing the clothes we already own when styles change so fast and it’s cheaper to just buy more. But what are we doing with all these cheap clothes? And more important, what are they doing to us, our society, our environment, and our economic well-being? In Overdressed, Cline sets out to uncover the true nature of the cheap fashion juggernaut, tracing the rise of budget clothing chains, the death of middle-market and independent retailers, and the roots of our obsession with deals and steals. She travels to cheap-chic factories in China, follows the fashion industry as it chases even lower costs into Bangladesh, and looks at the impact (both here and abroad) of America’s drastic increase in imports. She even explores how cheap fashion harms the charity thrift shops and textile recyclers where our masses of clothing castoffs end up. Sewing, once a life skill for American women and a pathway from poverty to the middle class for workers, is now a dead-end sweatshop job. The pressures of cheap have forced retailers to drastically reduce detail and craftsmanship, making the clothes we wear more and more uniform, basic, and low quality. Creative independent designers struggle to produce good and sustainable clothes at affordable prices. Cline shows how consumers can break the buy-and-toss cycle by supporting innovative and stylish sustainable designers and retailers, refashioning clothes throughout their lifetimes, and mending and even making clothes themselves. Overdressed will inspire you to vote with your dollars and find a path back to being well dressed and feeling good about what you wear.
The True Cost Of Fashion
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Author : Louise Spilsbury
language : en
Publisher: Consumer Nation: How to Shop t
Release Date : 2014
The True Cost Of Fashion written by Louise Spilsbury and has been published by Consumer Nation: How to Shop t this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Juvenile Nonfiction categories.
How do your buying choices in the supermarket in the mall, and on the Internet affect the lives of the people who make the things you buy? Thought-provoking case studies and first-hand accounts encourage readers to be informed and ethical shoppers. Find out how to shop to change the world. What does Fairtrade mean? How can retailers make and sell clothing so cheaply? How much do you spend on clothes? In The True Cost of Fashion find out all about the supply chain, the conditions of workers around the world, and who makes money on the final purchase price of a garment. Discover what environmental impacts your fashion purchases have on the planet, too. Book jacket.
Costing For Profit
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Author : Frances Harder
language : en
Publisher:
Release Date : 2005
Costing For Profit written by Frances Harder and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Clothing and dress categories.
A comprehensive guide for the clothing industry to assist in analyzing the preparation of a cost sheet correctly, which will ultimately determine a profitable company. Sequel to Fashion for profit (2004).
Apparel Costing
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Author : Andrea Kennedy
language : en
Publisher: Bloomsbury Publishing
Release Date : 2020-06-25
Apparel Costing written by Andrea Kennedy and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-25 with Business & Economics categories.
Newcomers to the fashion industry often base costings on the sum of a style's fabric, trims and labor-and to that they simply add their markup. However, every other activity of the business erodes that markup, and they find themselves with an unsustainable profit-or a loss. This guide will help you avoid these pitfalls to guarantee a sustainable profit. Apparel Costing details traditional and current costing methods for the fast-paced and e-commerce-focused fashion marketplace. You will learn industry-specific product/style costing that can be applied to garments produced both locally and globally. You'll also learn how to calculate line item percentages on indirect cost factors, such as factory sourcing, overhead, administration and product development. Key topics include: Target Market Pricing; Variable vs Fixed Costs; Direct vs Indirect Cost Factors; Cost-Based vs Value-Based Costing; Domestic vs International Production Costing; Effect of Sourcing on Costing; Sustainability in Costing; Fast Fashion vs. Slow Fashion
How Much Has To Cost
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Author : Marco Bagalini
language : en
Publisher: Youcanprint
Release Date : 2022-07-29
How Much Has To Cost written by Marco Bagalini and has been published by Youcanprint this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-07-29 with Design categories.
Companies are rethinking their pricing. Pourquoi? They don't lack pricing knowledge. They're costing specialists. Even seasoned fashion executives can't continue to price the same way in an ever-changing industry. Currently, numerous merchants reduce products virtually constantly. This has increased discounts, chargebacks, markdowns and decreased profits. Chargebacks are the percent or cash amount removed by the retailer/vendor from discounted products when the merchandise cannot be sold at full price due to receiving the product incomplete, late, or damaged, or if the consumer does not want the product. Increased chargebacks and markdowns have lowered everyone's profits. Manufacturers and private label merchants that have been properly pricing for years are seeing declining same-store sales. Pourquoi? Overstocked stores have consumers looking for the cheapest choice. E-commerce, smartphone shopping, same-day or next-day delivery, and retail automation are transforming how customers purchase. Meanwhile, garment companies are changing how they make things. Many designs, sourcing, and production procedures are now computerized, and clothing are manufactured faster and cheaper than before. High-priced software and automated equipment improve productivity and revenue. Profits rise with sales. Not so now. Costing is initially evaluated while analyzing the recent decline in earnings for merchants, manufacturers, and factories. Costing alone won't fix diminishing earnings in most cases. Style, fit, fabrication, timing, merchandising, manufacturing, retail locations, marketing strategies, and customer values must all be analyzed. Businesses should prioritize their corporate cultures. If a handful of these elements are out-of-date, a firm won't be successful, despite cutting costs and pricing. Most firms start with cost sheets. Cost sheets are easier to alter than fit standards or production procedures. Every company expense must be accounted for on a cost sheet before costing. A corporation considers at income before considering cost-per-style. The income statement reveals a company's annual, quarterly, or other financial performance. A firm looks at its gross sales or revenue first, then its net profit or loss. The bottom line decides if the company can survive the following phase. If a company's bottom line requires improvement, it can enhance its top line (by producing more sales) or lower its expenditures (by decreasing cost of goods and/or operating/or other expenses). Rising a company's top line usually means increasing marketing, manufacturing, people, or technological costs. A corporation that lowers expenses may be less productive (due to decreases in marketing, employees, and supplies), lowering its top line. Successful organizations must balance their income and costs to be profitable. Companies must balance their cost sheets while balancing the income statement. Too low a price means no sustainable profit. Too high a price will reduce sales. Balancing expenses, earnings, and costs is like juggling while jumping in circles. Someone may shake up the atmosphere while you're doing well, forcing you to start over. Today's attire reflects this.
The Guide To Cost To Value Analysis
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Author : David Birnbaum
language : en
Publisher:
Release Date : 2020-11-06
The Guide To Cost To Value Analysis written by David Birnbaum and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-06 with categories.
Welcome to the world of COST-TO-VALUE ANALYSISThe Apparel industry faces an existential problem.The decisions we make do not lead to the results we expect.The tools we use to make our decisions no longer work. Why do retailers and brands beat up their factories to save pennies when they could instead work together to save dollars?Why do they choose which factories to work with using 10, 20 or even 50 factors, when only one factor is important? Buyers simply need to work with the factory where they make the most money.Why do the factories still believe that low FOB price will save them when in fact success depends on moving from product maker to service provider?Why do factories not recognize that in this new consumer-driven industry, their survival will depend on greater compliance and sustainability?Our industry needs a new tool box. Every decision has a cost and at the same time, every decision should provide added value.This book will ensure that the decisions you make bring lower costs and greater profit.