03.22.08

Dorothy a role model for business leaders

Posted in Uncategorized at 8:30 am by cwylie1

Cotton Ginny Inc. has filed for bankruptcy protection. They did they same thing in 2003. Cotton Ginny is following the same path as many unsuccessful Canadian apparel companies, such as Creeds, Marci Lipman, Clotheslines and the entire Dylex chain (Tip Top Tailors, Fairweather, Thriftys, Braemar), which commanded 10 per cent of the Canadian apparel trade in the 1980s. It is hard to determine which Canadian apparel companies are still going to be around in the next ten years, where all these current companies are competing against a giant, Wal-Mart. In order to be a successful Canadian Apparel company, you have to keep up with the trends and likes of your target customers.

http://www.thestar.com/article/302299

Ladies plus-size market can grow more

Posted in Uncategorized at 12:04 am by cwylie1

In this article it says that if the Women’s Apparel Market focuses on the plus-size market it can retain more profit.

“The special sizes market, especially plus size, offers significant growth opportunity for Canadian retailers that are willing to offer a greater variety of wardrobe options and current fashions,” says Kaileen Millard-Ruff, Director of Fashion for the NPD Group. “Our report shows that the Ladies Plus segment in 2007 was the fastest growing size segment and is now worth $2.1 billion. That’s growth of $342 million dollars since 2003, despite significant levels of dissatisfaction with what is available to them. Just imagine if they were satisfied.”

Women are seeming to be buying more plus-size clothing and the market is growing and companies. if they decide to focus on this market can up their profits and reach a large percent of the Women Apparel Market.

http://www.bharattextile.com/newsitems/2007196