5 • 853 Ratings
🗓️ 1 February 2022
⏱️ 17 minutes
🧾️ Download transcript
As a boutique owner, it is incredibly important for you to understand how every part of our industry works. From how patterns or prints come to be to how they move through overseas development and end up in a brand's warehouse, we need to be on top of it all. So, in this episode, Tricia Barglof will be joining the show to discuss the off-price market—specifically what to expect as the market evolves and how it is currently changing.
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0:00.0 | If you are headed to Las Vegas for Las Vegas Fashion Week and all the shows taking place in Vegas in February, |
0:06.1 | I want to talk to you today about one of them in particular, because if you've been a part of the |
0:10.4 | hub and retail boot camp for any period of time, you know how important it is to me for you to |
0:16.2 | understand how our entire industry works. From those of you who have been on our trips to LA to understand |
0:21.6 | the textile market and how patterns and prints come to be, how they move their way through |
0:27.0 | the manufacturing process, through importing and overseas development to how the products land |
0:33.0 | in a brand's warehouse. And what happens when an order is canceled or when a product simply |
0:37.4 | doesn't |
0:37.7 | sell? |
0:38.2 | Well, that's when they end up in the off-price market. |
0:41.6 | Now, the off-price market has historically been a little bit quiet to the boutique |
0:45.9 | industry, but in the last several years, I feel like we have really uncovered the |
0:50.3 | opportunities for boutique owners to find great margin builders at this type of show and to test |
0:56.1 | and to dabble in so many different product categories. So today, my friend Tricia, who we've worked |
1:00.8 | for or worked with for a few years now at the off price show, she's the executive director of |
1:05.2 | the show, is joining me to talk about what to expect this February, how the off price market |
1:09.9 | is changing, and what you can |
1:11.8 | expect to see not only in February, but also look forward to in August as our off-price market evolves. |
1:17.4 | And, of course, if you are headed to Vegas, so are we. We're going to see you there. We're hosting |
1:22.4 | an event at the off-price show, which I'll tell you about in today's podcast, but also a meetup for all of our members, |
1:28.3 | both at Las Vegas Apparel and at Magic. We will see you at all the shows to make sure that you |
1:34.0 | are buying all the goodies that you need for your boutique to be successful this year. |
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