The #1 Reason New Fashion Brands Lose Money
Do you know the number one reason that new fashion brands lose money or go out of business in their first year?
From over-ordering inventory to garment construction errors, starting production is the most vulnerable time for new fashion brands.
The brand blames the factory…
The factory blames the brand…
And when all is said and done, only a fraction of the production order is good enough to sell.
And both parties lose money.
In the case of the new brand, it’s enough of a loss to put them out of business — before they’ve even started.
The thing is, it doesn’t have to be this way.
And in this episode, I’m going to tell you why it doesn’t have to end up this way for your brand…
I hope this is helpful to you!