Best Fashion Buying Books for Students

I once read that the clothing sector is like soccer – all of us want to go into. This is true in many ways. Despite the fact that fashion extremely as well as very competitive, it’s also hugely satisfying. To my opinion, fashion corporations are usually unlike we’ve seen in films much like the Devil Wears Prada-a amazing film though! Fashion businesses tend to have flat hierarchies with fewer politics and much more creative imagination.

Fashion Purchasing Book

Fashion retail buyers pick which merchandise retailers should offer. Simply by looking into industry trends and keeping track of fashion predictions, retail purchasers stay ahead of the curve while appealing to their particular targeted buyers. They are in charge of composing product development plans and keeping strong connections with providers. Fashion retail buyers can also assist with a store’s visual merchandising and merchandise efficiency examination. Even though these workers spend their times in indoor configurations, travelling is frequently expected. Many buyers characteristically do the job overtime.

Whilst fashion retail purchasers probably have different educational backgrounds and experience levels, they should usually have a number of main expertise. For example:

  • Analysis abilities
  • Decision-making skills
  • Bargaining skills
  • Power to utilize purchasing as well as pos software packages

Gain Bachelor’s Diploma

Despite the fact that academic requirements differ with this career, big organizations characteristically opt to use fashion retail buyers having a college diploma. Having a degree will also be important for career advancement. A certain amount in fashion merchandising could be suited to this career or at least a qualification plan which includes classes running a business and accounting. Good math and communicating competencies are expected since buyers are required to work with budgets and talk to external suppliers. Fashion retail buyers must document the latest fashions and buys, so a keen familiarity with computer programs linked to purchasing or logistics can be valuable.

Gain Working experience

Mainly because fashion retail buyers are expected to have in-depth understanding of the fashion field, it’s important they acquire experience. By being employed in the field, fashion retail buyers can take shape their familiarity with sales and product marketing. They can also learn about purchaser habits.

Almost all fashion retail buyers begin as helper fashion buyers and function their way up. When first starting in the fashion buying industry, employees are usually given assignments for example verifying invoices and tracking stock.

Purchasers need to stay up-to-date on present-day fashions and new developments. Looking at business publications and observing periodic runway shows are a couple of techniques fashion retail buyers may keep track of the fashion ecosystem.

Read Fashion Buying Training books

What worked for me and I believe it’s the norm now is to acquire a qualification in business or, more specifically, in fashion, to opt to fashion purchasing careers. I graduated in Fashion Business at the London College of Fashion and that resolved brilliantly for me personally. I also had high-quality retail practical experience on the store floor so it was the right complement.

 

Before, during or even once you graduate, or before your first few job interviews, I recommend that you simply study all three very best fashion buying publications.

Advertisements

3 Best Fashion Business Books You Should Read

Recently I wrote about the best fashion buying books I’d recommend to read if you want to have a better understanding of the fashion industry. Today, I want to go a little bit broader and recommend some awesome books I found about the business of fashion as a whole.

These books cover various disciplines within fashion and will expand your knowledge. Whether you are in marketing, buying or operations, it is essential to be knowledgeable about the core activities of a fashion business and its strategy.

Here are my top picks:

I hope you enjoy the reading! Please keep emailing me your favourite books to complete the list 🙂

2 Fashion Businesses that Went to Dragon’s Den and Succeeded

Recently, I met an entrepreneur who secured funding on Dragon’s Den, the UK version of Shark Tank. I have been addicted to the show ever since and I wanted to share my two favorite fashion business pitches.

After a few episodes, you learn how the dragons scrutinize businesses; its concept, market size and barriers to protect the product from competitors. Sales history, plan for the investment, Fashion buying and a reasonable valuation are also key aspects affecting the outcome.

Worth watching!

Continue reading “2 Fashion Businesses that Went to Dragon’s Den and Succeeded”

3 Fashion Buying Books You Must Read to Become a Buyer

I once read that the fashion industry is like football – everybody wants to get in. This is true in many ways. Although fashion is tough and competitive, it is also highly rewarding. In my experience, fashion companies are nothing like we’ve seen in movies like The Devil Wears Prada—a great movie though! Fashion companies tend to have flat hierarchies with fewer politics and more creativity. Be advised; however, that the fashion industry is not as lucrative as banking or management consultancy, so if you are in it for the money perhaps you should reconsider your options.

What worked for me—and I think it’s the norm now—is to gain a qualification in business or, more specifically, in fashion, to opt to fashion buying jobs. I graduated in Fashion Business at the London College of Fashion and that worked out beautifully for me. I also had high-quality retail experience on the shop floor so it was the right match. You can see my Linkedin profile here.

Before, during or even after you graduate—or before your first few interviews—I am going to recommend that you read 3 books. Two of them aren’t technically fashion buying books, but trust me, that knowledge will be invaluable.

  1. Fashion Buying and Merchandising: From mass-market to luxury retail by Miguel Hebrero. This fashion buying book will equip you with the knowledge you need about who is who and who does what in a fashion company. I wrote it in 2015 and covers the basic that you MUST know.
  2. Principles of Marketing, Global Edition by Kotler and Armstrong. Every fashion buyer is a half marketeer, that’s why you must learn how to make meaningful connections with your target audience.
  3. Mathematics for Retail Buying: Bundle Book + Studio Access Card by Tepper. Karl Lagerfeld once said, “There is no fashion if nobody buys it”. This is very true that’s why you need to learn how to develop a profitable buying operation. Interviewers will love that you display business acumen since some buyers can end up being all over the place creative people, and that’s not good!

You should read all three of these books. They are equally important and the knowledge you acquire will accompany you forever. Additionally, don’t forget to follow my Youtube channel: Fashion Business Education. Enjoy!

Continue reading “3 Fashion Buying Books You Must Read to Become a Buyer”