A quarter is a 3-month period, and is usually used in retail to budget and report sales, each quarter represents a three-month phase in the retail cycle they are used for organizing a retailer’s financial and operational planning in the fiscal year.
Fashion buyers traverse the globe, attending runway shows, trade fairs, and showrooms, not just to select the most covetable pieces to adorn store racks but also to negotiate deals and form enduring relationships with designers and suppliers.
The boutique industry has experienced significant growth in recent years, becoming a popular choice for entrepreneurs looking to start their own business.
In the vibrant Canadian retail market, numerous companies compete for consumer spending, offering a wide range of products and services.
Successful retailers are no longer just product suppliers they have become lifestyle partners and entities with which consumers build relationships based on memorable experiences.
The fashion business operates on four interconnected levels: the primary level, the secondary level, the retail level, and the auxiliary level.
If you’re considering opening a retail store, you’re embarking on an exciting entrepreneurial journey. Despite the challenges posed by the ever-evolving retail landscape, there are numerous opportunities for success.
Alibaba is a massive business-to-business marketplace that offers a bountiful resource of products and suppliers for businesses of all sizes.
Luxury retail is a highly competitive industry that requires individuals to possess not only a passion for high-end products but also a strong understanding of customer service, sales techniques, and brand representation.
Brand extension is a marketing strategy in which a firm markets a product with a well-developed image using the same brand name in a different product category.
Cart abandonment is a common challenge for online retailers, but there are several strategies you can implement to reduce it and improve your conversion rates.
Denim weight is a crucial factor to consider when choosing the perfect denim fabric for your clothing project.
Rent the Runway has transformed the way we think about fashion and the sharing economy. The company was founded in 2009 by Jennifer Hyman and Jennifer Fleiss as a solution for busy women who needed access to high-end designer clothing without the commitment and cost of purchasing.
Networking and attending industry events play a vital role in building relationships with retail partners. These activities give professionals in the retail industry an opportunity to connect with other industry experts, potential business partners, and potential customers.
Finding the right retailer to showcase your brand can be as crucial as the quality of the products themselves.
As we step into 2024, the retail landscape continues to evolve at a breakneck pace, staying informed and ahead of the curve is crucial for businesses and consumers.
Big box retailers are large retail stores that occupy a large physical footprint. They typically have very large retail spaces, sometimes over 200,000 square feet.
Wholesale and retail are two fundamental business models that companies use to bring products to market.
The story of Parade, a vibrant and inclusive intimates start-up, has captivated the industry and consumers alike.
Are you looking to declutter your wardrobe and make some extra cash? With the rise of online shopping, there’s never been a better time to sell your pre-loved clothes online in Canada.