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Most wholesalers get their fashion stocks from the producers that commercialize the latest collections in bulk, at volume discounts. [1] Others purchase overstocks and closeout merchandise from retailers or distributors. Their clients are the resellers that purchase those stocks and sell it to the final consumers.
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]
Vincent Draddy began to license the Lacoste shirt to add prestige to the Izod line, but he could not find a market for the then-expensive $8.00 retail price (around equivalent to $92 in 2023). After Draddy began giving the shirts away to his famous friends, Dwight D. Eisenhower , Bing Crosby , Daniel Platt, and John F. Kennedy , the shirts soon ...
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Frederick Carleton “Rick” Ralston is associated with transforming T-shirts from underwear into outerwear. Reporter Sharon Nelton of BNET titled Ralston as “the T-shirt king of America and the father of the modern T-shirt.” [1] In the summer of 1960, as a teenager just out of high school in Montebello, California, Ralston spray-painted a design on a T-shirt.
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