. Laura and Kate Mulleavy didn't have any qualifications or formal fashion training as designers when they decided to take the small 10 piece collection they had 'dreamed up' to New York in 2005, in the hope of making it in the fashion business. They'd made no appointments with buyers or fashion editors, sending out handmade invites to their hotel suite to view their collection on paper dolls. Luckily someone from industry bible Women's Wear Daily discovered them and the rest, as they say is history.
For more on Rodarte pick up this month's issue of Elle or Click here to see the collection
For students wishing to develop further upon existing qualifications and experience within the international fashion industry, BA (Hons) International Fashion Business is a unique and independent top-up course.
It has been created to meet an increasing demand for qualified professionals with globally-focused fashion business management skills. It is aimed at qualified HND, overseas, European and mature students who have already studied and / or worked within the fashion industry.
The article links the shift in luxury goods production out of Italy to a recent spree of investments and licensing agreements that have taken place between emerging brands and established Italian houses with high quality production facilities. These deals have provided young brands like Proenza Schouler, Derek Lam and Sophia Kokosalaki with access to top class production, solving one of the major headaches of launching a high-end fashion business.
It appears in one of my favourite supplements for getting the low-down on happenings in the fashion business: Financial Times - The Business of Fashion. There are some very interesting reads, including Vanessa Friedman's Q&A with Dana Thomas, author of the much-discussed book "Deluxe", my friend Robb Young's take on the new movers and shakers in the fashion business, and Godfrey Deeny's revelations about fashion's power brokers in the Middle East. If you can get your hand on the supplement, it's definitely worth a read. Unfortunately, none of the content appears on the FT.com site as yet, but in the meantime, please click here to have a look at the article on Italian investments
This long-time, best-selling book is the single most comprehensive fashion industry text available today.
Written by authors with extensive industry ties and business savvy, Inside the Fashion Business provides an overview of the fashion sectors from a business perspective.
The Business of Making and Selling Fashion.
Principles of Fashion.
Globalization of the Fashion Industry.
The Materials of Fashion.
The Women's and Children's Apparel Industry.
The Menswear Industry.
Fashion Accessories, Intimate Apparel/Undergarments, Cosmetics.
Fashion Producers in Other Countries.
The Retailers of Fashion.
Auxiliary Fashion Enterprises
Taking on financing is one of the most important decisions an emerging fashion company will make. This step is absolutely essential because the early stages of growth often requires significant amounts of working capital that cannot be generated by the business alone. So, unless you are independently wealthy and sitting on a pile of cash, financing decisions will be part of your critical path, early on.What is the difference between equity and debt?Financing can come in many forms, but it basically comes down to equity versus debt.
The Business ofFashion:
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The application was envisaged to provide features for micro-merchandizing (creating assortment plans specific to account door) for optimized product lines, and integration of merchandize financial planning process with assortment planning process.