Apparel Costing

$29.95
by Andrea Kennedy

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Newcomers to the fashion industry often base costings on the sum of a style's fabric, trims and labor-and to that they simply add their markup. However, every other activity of the business erodes that markup, and they find themselves with an unsustainable profit-or a loss. This guide will help you avoid these pitfalls to guarantee a sustainable profit. Apparel Costing details traditional and current costing methods for the fast-paced and e-commerce-focused fashion marketplace. You will learn industry-specific product/style costing that can be applied to garments produced both locally and globally. You'll also learn how to calculate line item percentages on indirect cost factors, such as factory sourcing, overhead, administration and product development. Key topics include: Target Market Pricing; Variable vs Fixed Costs; Direct vs Indirect Cost Factors; Cost-Based vs Value-Based Costing; Domestic vs International Production Costing; Effect of Sourcing on Costing; Sustainability in Costing; Fast Fashion vs. Slow Fashion An essential tool for understanding the intricate methods of costing products, going deeper into key topics such as factory sewing costs with comprehensive SAMs descriptions, markup formulas and costing stages in a multi-channel retail environment. An accessible and concise guide that fuses theoretical concepts with industry application. An excellent assortment of cost sheets and case studies to inform and direct experiential learning for students. This is one of the first books to address quality of life and responsibility to the planet when costing garments. An excellent book that explains the importance of understanding costing. Andrea Kennedy is founder of Fashiondex.com and an Assistant Professor of Fashion Merchandising at LIM College. As a designer, she has worked with many labels, including Bob Mackie, Sunny Leigh, Calvin Klein, and Ann Taylor. Andrea Reyes is a fair trade advocate, educator, and sustainable fashion matchmaker. She is the Chairwoman of the NYC Fair Trade Coalition, a network of small ethical business owners and advocates. She runs the Sustainable Fashion Community Center, a space located in East Harlem which welcomes the public to swap, pop, and drop-in to check out their clothing swap and fair trade gift shop. She is also the founder of A. Bernadette, a sustainable fashion mentorship firm which aims to educate and incubate businesses to include more sustainable practices into their business activities. Lastly, she is an educator and author having taught at Pace University, Baruch College, FIT, and currently teaches at LIM College and Kent State. She is a published author through Bloomsbury Publishing, "Apparel Costing." Francesco Venezia is an Adjunct Professor at The Fashion Institute of Technology, Baruch College of Continuing and Professional Studies and LIM College in New York City. He has worked in the fashion industry merchandising at Ralph Lauren, Calvin Klein Underwear and Luxottica Eyewear. Francesco is also the founder of his own jewelry brand, VITA E LIBERTA.

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