Continuing from the last article about working with manufacturers, we talk about the types of factory services, challenges and the difference between local and overseas suppliers to work with for your fashion business. Here are the 2 types of factory services: 1. Full Package Service (FP) – It’s the simplest and straightforward choice for designers...
Here is a list of important abbreviations in the fashion business to know, so you don’t have to pretend knowing it when someone in the design department asks you for your “POM, BOM or UOM for your CNST”. PLANNING AND DESIGN USP – Unique Selling PointCNST – Chain Stitch is a series of stitches that...
Many fashion businesses look like they’re doing just fine, but they end up bankrupt because basically their cash coming in does not cover the amount of cash going out. Your profits are meaningless without a contained cash flow. In this blog, we will discuss what’s a Cash Flow Cycle, improving your Cash Flow and avoiding...
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