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While carrying a more expensive line in a boutique may appear to be risky, what needs to be assessed is the amount of profits that selling luxury items can bring. If a luxury carrier retails for $900.00 and the wholesale is $450.00, a profit of around $300 $400 depending on a stores’overhead costs can result from the sale of one bag. At a retail price point of $200.00, that has a wholesale of $100.00, 3 4 bags would need to sell to achieve the same type of profits that a luxury bag will aOlernKienOP
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Hedy Woodrow is the CEO of Hedy Manon International. Hedy Manon specializes in luxury pet carriers that look like handbags and are fashionable. Prior to starting Hedy Manon, Hedy spent 20 years in the luxury fashion business as a Senior Vice President of Retail for a major luxury brand. Her broad retail experience included aOlernKienOP
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