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How Retailers Source Apparel - Why What Concerns Buyers isn't Always What Concerns Sellers: Management Briefing

Published by: just-style

Published: Jan. 31, 2005 - 44 Pages


Table of Contents



Introduction

The world of apparel retailing

Where does apparel go?

Who buys it?

The importance of strategies to retailers

What’s in a strategy?

So what are the hot sourcing topics?

The crucial background - rise of the discounters

Exclusive brands

Range count and product life

Outsourcing production

Outsourcing design

Outsourcing procurement

Commitment doctrine and production timetables

Ethical issues

Information technology

Geography

Centralisation

Key strategic sourcing topics

Inventory levels

Exclusive brands

Commitment and production cycle

Direct versus indirect sourcing

Limited Brands

Geographic strategy

The retailer attitude

JC Penney published views on sourcing post 2004

Do retailers mean what they are saying?

The fog of quota abolition

But surely some places are more vulnerable than others?

Conclusions

Online sources of information

Free email newsletters

Other research reports

Global news and feature articles

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Abstract

A major research company estimates the world’s retail apparel market at US$780bn. It is served by tens of thousands of apparel retailers, each of whom approaches their job in different ways. The market is very fragmented: the top ten retailers account for 11% of sales. This review, inevitably, concentrates on those top ten and on similar sized operators with broadly similar concerns. Sometimes, the industry leaders are taking very similar approaches: sometimes, they are going in quite different directions. This review looks at the areas where the top retailers are not all going in the same direction, at who is doing what, and why they are doing it. The review concludes that the issues arising from the end of quota are relatively minor for many retailers. They have other, more pressing, sourcing problems of their own to solve. And they believe it is impossible to predict who will emerge stronger from the post-quota world. “Wait and see” seems to be the universal response to quota elimination. “No time to wait”, is their response to almost everything else.

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