I'm thinking that's because they had ORIGINAL DESIGNS, and took away some of his SALES!
Neal Kusnetz, president of Robert Graham(an amazing blouse and mens shirt line, says" We keep levels limited, well having bought them in the past and as a consumer let me assure you it's not because of their uniqueness which they are it's because of their cost. Wholesale on average $137 to $175, retail minimum to $230, and you have to dry clean them. And Seth Morris of Carol Hockman (no idea who that is) states" There's nothing wrong with creating demand from being out of stock on hot trends" Ok, your out of stock, I don't buy from your store, I am mad, I am determined to get it, Oh I know the perfect place, there's a little alley in China town off Canal street that will have it for let's say 75% less. Duh! This creates knockoffs, which by the way the CFDA has been fighting for years!!!
And here's the best one yet it a quote by Erin Armendinger, a director of Pennsylvania's Wharton School in the retailing initiative, YIKES! states," I would never say people going out of business is a good thing, but this will make us more efficient. We are over-retailed, overstored, overlabeled. I don't think one day this is going to be over and the faucet will turn back on. That era of overspending, "I'll just put it on my credit card" is over"
And I bet all you fashion majors paying 40,000 a year want her as a professor.
And to that I really can't say anything else.
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