Indie Source Submitted 2018-11-03 09:54:48 Wee all heard the warnings about startups: 8 out of 10 new businesses fail within the first 18 months; don expect to make a profit for at least the first two or three years; American fashion brands and retailers are on the decline Grossiste Nike Air Max 93 , etc.
However, like most statistics, the devil is in the details, and this case, the details offer a more promising outlook.
According to the Small Business Administration, about 75% of new businesses survive at least the first two years Grossiste Nike Air Max Axis , and roughly 50% survive at least the first five years. This five-year survival rate has been on an upward trend too. In 2016, for example, nearly 49% of companies hit the five-year mark, an increase of 3% from 2015, according to the Kauffman Foundation.
This is good news for the fashion industry, which has certainly seen its share of ups and downs.
So Grossiste Nike Air Max Fury , what makes some new clothing lines succeed and others become a statistic? In many cases, it comes down to how well a new entrepreneur can navigate the three key stages of product production and bring an innovative product to market.
Design and Development
The design and development phase is one of the most important stages of a new fashion line. It the time to create a value proposition, differentiate your product in an ultra-competitive market, develop a concept for your collection, and determine the specifications that describe your collection.
When gathering inspiration for your line, you鈥檒l want to hone these details:
鈼?Your business model
鈼?The styles in the collection that will work together to tell a cohesive story
Under the umbrella of design and development, sourcing covers every aspect of an article of clothing, including material, trims Grossiste Nike Air Max DLX , buttons, zippers, elastic, etc. You can source the material through an agent, online, a trade show Grossiste Nike Air Max 180 , or a full-service development shop. Once you source the materials, you should complete a few samples and prototypes that you can then hand off to clothing manufacturers to use as a reference.
Manufacturing
In many ways, this is where your vision comes to life. Using your sample and prototype, a manufacturer will produce your designs to the specifications you provide.
You have two options when it comes to production: a domestic manufacturer or a foreign producer.
US clothing manufacturers tend to adhere to stricter labor and environmental standards, which can be an asset not only for your overall brand identity but also if your line requires specialized materials or a specific deadline. Foreign manufacturers will likely have cheaper labor costs, but often require high minimum orders and high tariffs that can add up to costing as much as US prices.
You will likely have to draw on different professionals to complete each of these key phases. Failing to do so could result in delays Grossiste Nike Air Max 96 , cost overruns, or quality control issues.
Marketing
In addition to designing and manufacturing your clothing line, youl also have to market it in order to make sales and build buzz for your brand. Youl need a professional website that showcases your product line in a clear and enticing way with high-quality photos.
There will also be branding, logos, and labels to decide upon and produce, in addition to a high-quality look book or catalogue to display your products. A strong social media presence and strategy can help drum up interest in your product Grossiste Nike Air Max 270 , in addition to compelling ads.
An Alternative Option
There is another option, however. And that the in-house approach. Indie Source consolidates design, sourcing, and manufacturing expertise under one roof, alleviating the time and stress of finding professionals in each field.
Indie Source offers apparel manufacturing and consultancy services that cover every aspect of launching a clothing line. You can access product development, manufacturing Nike Air Max 270 Belgique , and creative marketing experts who will help bring your vision to life and help you navigate the complexities of the fashion industry. Theyl even help you market your finished product.
SEOUL, May 23 (Xinhua) -- An unidentified flying object from the Democratic People's Republic of Korea (DPRK) crossed an eastern border with South Korea Tuesday afternoon, Seoul's military said.
The South Korean military detected an unidentified projectile crossing the military demarcation line in Cheorwon, Gangwon province at about 4 p.m. local time (0700 GMT), according to the Joint Chiefs of Staff (JCS).
The Seoul military conducted a warning broadcast and fired warning shots toward the flying object in accordance with proper procedures, the JCS said in a statement.
The flying object returned back to the DPRK Grossiste Nike Air Max 2018 , and the South Korean military was analyzing the projectile.
The statement said the military strengthened its air observation and maintained its defense readiness.
According to local media reports, the South Korean military estimated that the flying object may have been an unmanned aerial vehicle (UAV) of the DPRK.
The projectile, which was detected in the military radar, flew at a relatively low speed, lowering the possibility that it was a cannonball or an artillery shell.
The South Korean troops reportedly fired around 90 warning shots with their K-3 machine gun.