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Microfiber fabrics are man-made and frequently used for athletic wear, such as cycling jerseys, because the microfiber material wicks moisture (perspiration) away from the body; subsequent evaporation cools the wearer. Microfiber can be used to make tough, very soft fabric for clothing, often used in skirts, jackets, bathrobes, and swimwear.
In other cases, the merchant is assessed "counter rent" for a "store-within-a-store" concept, common in the cosmetics industry, but also not unheard of in clothing. In other cases, the vendor agrees to buy back unsold merchandise from the retailer — this is a common arrangement for higher-value seasonal clothing, like designer coats.
This page was last edited on 12 November 2024, at 18:56 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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In 1997, the company was restructured, and its stores and trademark rights were split and sold. [ 4 ] In 2005, the worldwide rights to the MCM brand were acquired from a Swiss financier by Sungjoo Group, a South Korean retail business founded by Sung-Joo Kim , the youngest daughter of South Korean magnate Kim Soo-Keon. [ 2 ]
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