Don't hire a financial advisor until you do this
Many advisors and financial institutions would love to manage your 401(k) account after you terminate employment. Of course, they'll charge you for this service, so you need to ask yourself if you'll be receiving good value for the fees you'll be paying. Many advisors charge a percentage of your assets under management, with 1 percent per year being typical.
Women's Clothing Industry Market Research & Statistics
Global Women’s Clothing Industry The global women’s clothing industry is expected to exceed $621 billion in 2014, marking a 12% increase in five years, reports MarketLine. Clothing retailers account for the largest share of the market at almost 65% in terms of value. The EU represents more than 35% of the global market, which encompasses formalwear, essentials, active wear, outerwear and casual wear. Major drivers of the world womenswear market include fashion, with shoppers eager to keep up with the latest trends, consumer confidence and rising income levels.
Is American Apparel A Dead Brand Walking?
“We believe that we may not have sufficient liquidity necessary to sustain operations for the next twelve months,” read a release from American Apparel, connected to a regulatory filing triggered by its inability to meet a scheduled debt payment to one of its major creditors Monday. “These factors, among others, raise substantial doubt that we may be able to continue as a going concern.” Translation: American Apparel may have just months to live. Now, this is far from the first time the once-inescapable hipster basics brand has missed a payment, declared serious losses, or indicated how close it is to complete insolvency—but it is the worst economic report Dov Charney’s Lycra-infused brainchild has ever given. And with good reason. The company has lost 87% of its stock value in 2015 alone and, as a report from Fortune suggests, it lacks both the cash and the borrowing power to make its next credit payment scheduled for October.
Get product to market via the ASOS Marketplace
Letitia Allman is Seller Development Manager of the ASOS Marketplace which connects young fashion brands with the millions of customers visiting ASOS each year. Ahead of speaking at The Fashion Exchange, Letitia answers some questions on how the Marketplace works in favour of small business. Q: When did the ASOS Marketplace launch? ASOS Marketplace launched in November 2010 with 20 Boutiques and a handful of wardrobe recyclers Q: How many small businesses are now trading on Marketplace?
Global Recession Impacts on Fashion Industry: Strategies for Survival
The whole world is facing global recession. The economy is slowing, the business environment is unpredictable and the consumers are getting increasingly diverse, informed, technologically strong and demanding. The global meltdown has, in no way, spared the fashion industry. This industry, along with other textile products industry, is also feeling the pinch of financial adversity. The Fashion Industry
How Stüssy Became a $50 Million Global Streetwear Brand Without Selling Out
NEW YORK, United States — In 1980, California-bred Shawn Stüssy began creating surfboards that combined innovative performance shapes with a graphic style combining elements from reggae, punk and new wave music, leaving his literal mark on each board with a broad-tipped black marker. His signature paid homage both to graffiti handstyles and his uncle, abstract painter Jan Frederick Stüssy. Stüssy porkpie hat | Source: Courtesy In 1984, Shawn Stüssy went into partnership with accountant Frank Sinatra Jr. (no relation to the singer) on an apparel line using Stüssy’s name. The label was the first to make caps marked with signifiers for fashion brands, not sports teams.
The history of British slave ownership has been buried: now its scale can be revealed
The past has a disconcerting habit of bursting, uninvited and unwelcome, into the present. This year history gate-crashed modern America in the form of a 150-year-old document: a few sheets of paper that compelled Hollywood actor Ben Affleck to issue a public apology and forced the highly regarded US public service broadcaster PBS to launch an internal investigation. The document, which emerged during the production of Finding Your Roots, a celebrity genealogy show, is neither unique nor unusual. It is one of thousands that record the primal wound of the American republic – slavery.
Wisdom for Startup Growth, From 5 People Who've Been There
Running a mid-sized business or managing a team of employees requires unbelievable patience, understanding, forethought and vision — and some of the most successful leaders will tell you that acquiring these traits does not come easily. Problems are bound to arise. It's inevitable for business leaders to be faced with questions: "How should our business adapt through expansion?", "How can I be a better manager?"
7 Difficult Challenges Successful People Overcome - CAREER GIRL DAILY
The impact a challenge has is completely down to the person facing it. If taken negatively a challenge can often be associated with defeat, but the most successful people will take a challenge in their stride and even manage to use it to their advantage. It is a fact of life that everyone will face challenges, no matter how powerful they may be, but how you take that challenge on is what is important. Successful people are often defined by what they have overcome, and these 7 challenges provide the perfect example of the difficulties that they will have faced. #1 The Opinion of Others What other people think can either have a positive influence on you, or can offer nothing but negativity.
8 Undeniable Reasons Why Every Career Girl Should Take Notes From Kim Kardashian - CAREER GIRL DAILY
Okay so we hear you, Kim Kardashian-West became a household name thanks to a sex tape. How many entrepreneurs and business women can say that? Not many, I bet. And although a lot of us are quick to point out that it’s not a great foundation to build your reputation on, Kim’s kind of managed to work that in her favour. She’s an extremely savvy girl and has proved that she isn’t just going to fade away, whether you love or hate her, here are just some of the ways she’s proved herself as a career girl worthy of taking notes from!