Description

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

Apparel Costing

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£30.32

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Usually despatched within 12 days
Paperback / softback by Andrea Kennedy , Andrea Reyes

1 in stock

Short Description:

Newcomers to the fashion industry often base costings on the sum of a style’s fabric, trims and labor—and to that... Read more

    Publisher: Bloomsbury Publishing PLC
    Publication Date: 23/07/2020
    ISBN13: 9781350065406, 978-1350065406
    ISBN10: 1350065404

    Number of Pages: 160

    Non Fiction , Business, Finance & Law

    Description

    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

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