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Wholesale fashion distribution refers to the global market of bulk clothing sales, in which producers, wholesalers and sellers are involved in a commercial, business-to-business process. Procedure [ edit ]
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In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, usually directly from the manufacturer or source, at a discounted rate. The retailer then sells the goods to the end consumer at a higher price making a profit. [1]
Several clubs have been accused of price fixing, and in 2003 Manchester United were fined £1.65m by the Office of Fair Trading. [81] The high prices charged for replicas have also led to many fans buying fake shirts which are imported from countries such as Thailand and Malaysia. [82]
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Gantos – a women's specialty clothing retailer based in Grand Rapids, Michigan. In late 1993, the company announced bankruptcy reorganization, closing 50 stores between 1993 and 1994, [ 58 ] and the chain announced the liquidation of its remaining 114 stores by the end of the decade, ceasing operations in 2000.
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