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Surprised he's started a new venture less than 3ish years later.
There’s literally no truck! It materializes on your skin
the next guys will go one step further and remove the middle arrow !
Purchase orders those brands write aren't for $50. They are for tens, or hundreds of thousand dollars.Why get paid $50 to produce a garment sold by Dries van Noten, Jacquemus, or Lemaire when they sell it for $800?
My Dad has spent the last 5 years working with factories in China and India to build a factory direct model for consumer products. Inventory is usually the biggest sticking point, but more and more factories are willing to take that risk because they see the significant upside of tapping into North American and European markets.Purchase orders those brands write aren't for $50. They are for tens, or hundreds of thousand dollars.
Factories don't hold any inventory. That's low risk. Take order. Take deposit. Cut. Sew. Pack. Invoice. Ship.
Some people might think they can just go direct but most will find that they will run out of brand real quick.
My Dad has spent the last 5 years working with factories in China and India to build a factory direct model for consumer products. Inventory is usually the biggest sticking point, but more and more factories are willing to take that risk because they see the significant upside of tapping into North American and European markets.
On the consumer side, I believe most consumers want the highest quality products at the lowest prices (obviously). Direct to Consumer was the first iteration of that - consumers no longer need a physical retail store or hands on experience. Most consumers will buy from an unknown store if there’s sufficient story telling, a professional looking website, and lower prices than traditional options.
The DTC brand is the final middle man standing between consumers getting the products they want at the lowest prices. Several factories will try and fail, but I anticipate a few will break through mainstream fashion in the next 10 years.
Most DTC brands don’t care about the products they’re selling. They’re first and foremost marketers who would sell candles, bouncy balls, or diet pills if they thought there was enough money to be made.I think most of these factory-brands are terrible at marketing, and the emotional component of clothes is dramatically undervalued among consumers, even enthusiast types. Notably, House of Blanks is only selling direct to streetwear guys cause some other companies did the heavy lifting with marketing, outreach, and creating the intangible value.
DTC brands often feel empty and soulless for the same reasons. The proposition is so sterile (as are the designs). I don't care about max-min quality to price. I want to feel cool in my clothes.