There are many reasons to begin your own business. It is considered one of the most rewarding experiences, with some hurdles and challenges along the way. And because the fashion business is thriving, there are immense opportunities for entrepreneurs and fashion experts to succeed as a retailer. Some do so well that they’ve evolved from an online store to a fully fledged boutique in the fashion hubs of the world.
The business of fashion jewelry involves the glamorous world of edgy styles, subtle sophistication and fine designs that can connect with the customers. It was estimated that in the year 2002, the jewelry retail stores in the United States together generated more than $23 billion in revenue. That was last decade. The statistics only get better, proving that the fashion jewelry business is thriving.
As of late, the fashion industry has been getting a lot of play – both online and physical stores. Young entrepreneurs, fashion enthusiasts and business experts are attracted to the glamour, fun and profitability of the industry. But there’s no denying that the business of fashion is plagued with its own challenges.
As seasons change, we cannot help but get inspired by the changing trends and the hottest designs. From bold prints, subtle styles to dramatic dresses, the world of dresses is emerging. One person quoted accurately, “Fashion fades; it’s style that’s eternal”. Does your retail store have the latest, hottest and trending? Here are 5 chic trends and wholesale dresses you need that are guaranteed to keep your customers happy:
For a moment, let the numbers speak for themselves.
It has been estimated that roughly around 64% of women in the U.S. are either overweight or obese. So, your average woman is between sizes 12 and 16. When a London-based research estimated that the plus-size clothing market reached its all time high, nearly $32 billion in 2005, fashion retail outlets had begun to wonder: was this an opportunity worth pursuing? With $32 billion spent, you bet it was!
The plus size market has since then been making waves. If you’re considering getting into the market, here are some things that you should remember:
For most fashion experts with an entrepreneurial knack would jump at the opportunity of starting their own fashion boutique. Seems like the ideal situation, right? Doing what you love and working flexible hours. However, the trade, with all its wonderful perks is not all about the glamour. There’s that business side to it as well.