Apparel costing / Andrea Kennedy, Andrea Reyes, and Francesco Venezia.

Format:

Book

Author/Creator:

Kennedy, Andrea (Assistant professor of fashion merchandising), author.

Reyes, Andrea, author.

Venezia, Francesco, 1944- author.

Language:

English

Subjects (All):

Clothing trade--Accounting.

Clothing trade.

Physical Description:

1 online resource (206 pages)

Place of Publication:

London, England : Bloomsbury Visual Arts, [2020]

Summary:

Newcomers to the fashion industry often base costings on the sum of a style's fabric, trims and labor-and to that they simply add their markup. However, every other activity of the business erodes that markup, and they find themselves with an unsustainable profit-or a loss. This guide will help you avoid these pitfalls to guarantee a sustainable profit. Apparel Costing details traditional and current costing methods for the fast-paced and e-commerce-focused fashion marketplace. You will learn industry-specific product/style costing that can be applied to garments produced both locally and globally. You'll also learn how to calculate line item percentages on indirect cost factors, such as factory sourcing, overhead, administration and product development. Key topics include: Target Market Pricing; Variable vs Fixed Costs; Direct vs Indirect Cost Factors; Cost-Based vs Value-Based Costing; Domestic vs International Production Costing; Effect of Sourcing on Costing; Sustainability in Costing; Fast Fashion vs. Slow Fashion

Notes:

Description based on print version record.

Includes bibliographical references and index.

ISBN:

9781350065420

9781350197008

1350197009