I was sent this great question about planning your buying schedule, and I thought it would be helpful for any other future store owners out there:
Question:
I’m planning on opening a online fashion boutique in October and I’ve been learning a lot…your site has been so helpful! Thank you. I just realized that with the timing of my launch I should have completed, or at least started my fall buying by now. Is it possible for me to place orders closer to my launch date, or can you tell me what you think the latest date would be for purchasing fall ‘08 apparel? Any help you can provide will be greatly appreciated and thanks again for the wonderful resource!
-J
Answer:
Thanks J! Fall buying just started in February, so I think there’s plenty of time. It really depends on when the line closes, and there’s really no rule of thumb. Some just closed about a month ago for summer buying, and then there are some lines that have immediate deliveries and are very flexible with their delivery dates (meaning you can buy at the absolute last minute). I did my spring buying last October and in January so it’s definitely possible to buy 2-3 months ahead of the season. Just check with the sales rep as far in advance as possible!
As always, if you have a question, feel free to email me. I don’t mind at all!
Mannequin Drama
Well I announced that my boutique is set to launch April 15th in my last post. Yesterday I spoke to the distributors of the particular mannequin I wanted and they let me know it wouldn’t be in until April 20th. Great. This place (called Acme Display, and I’m not linking to them!) really has terrible support and they don’t even mention on their site when things are out of stock. So always be sure to get the full information on whether what you want will be in stock or not. Sometimes you have to extract information from these people, because they won’t volunteer the fact that ordering before March 15th won’t necessarily get you merchandise from a March 15th shipment they’re expecting.
Luckily, I’ve found another distributor. I just hope I can get it before my photoshoot next Saturday!
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3 Responses
letitia
06|Apr|2008 1Hey Kim,
Glad to see another young and ambitious store owner. I found your blog on TFS and absolutely love it! We have the exact same taste in cliothes it seems, and I am sure to be your number one shopper when the time comes!! I know you posted about start-up costs, but I was wondering if you could do a post for funding. Just how does a savvy student like yourself manage to find the thousands of dollars you mentioned to get started? This has been my biggest problem, hence being consignment instead. Any advice would be great. I subscribed to your feeds and cant wait for updates!!
Thanks in advance
-Letitia
Char
08|Apr|2008 2Regarding the above question, every domestic line I know of has already closed for fall 08. Most European lines are closing this week. It is definitely worth a shot to contact the sales reps if you really must debut in fall, but it might make you look a bit green…
Kim
08|Apr|2008 3^Char, I know plenty of lines that are still open for Fall 08, and I only know a couple that are closed.
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