The Business of fashion

Nowadays, most of people have a lot of passion in fashion and the fashion is never stop, so this career is one of the most things that many people interested. In fact, behind the scenes do you know that many people who did in this business failed? And how do you they work on their business?

Over the coming months The Business of Fashion will introduce “ The Business of Fashion : Basics ’’ which is a series of articles on setting up a new fashion business to be success in both creatively and financially .In the competitive world of fashion more than 95% of start-up fashion businesses fail not just they didn’t hit the right creative notes more often they lack of proper planning, funding and infrastructure. However there are the success stories of the famous designers which we will try to uncover the secrets to success . Our purposing set of articles that you can expect to see here soon are as follows :

· Basics 1 – Setting up your own fashion business – what do I need to know first?

· Basics 2 – What is a business plan for and how do I go about writing it?

· Basics 3 – How do I find the right investors and partners?

· Basics 4 – How do I decide where to allocate my capital?

· Basics 5 – Value Chain – Design and Development

· Basics 6 – Value Chain – Marketing and Sales

· Basics 7 – Value Chain – Production and Supply Chain

· Basics 8 – Value Chain – Retail

From the given, we can see that do this career is difficult and have a lot of skills and abilities to learn. It has many unexpected thing come up to your career in everyday. Moreover, many competitions are always increase and create their products, so you have to know all of these basics of fashion business before you invest on your own business.

Sources:http://www.businessoffashion.com/2007/02/the-business-of-fashion-basics.html