Unit 1 Key Terms
Comes from sheep.
What is Wool?
Paths or routes that goods take from the manufacturer to the store.
What is the Channel of Distribution?
The five stages of the fashion cycle.
What are introduction, rise, peak, decline, and obsolescence?
Amy purchases a cashmere sweater to give to her mother for Christmas. What is Amy's role?
What is a Customer?
Greens Store orders "Life is Good" t-shirts every month. Which type of purchase order should they use for the upcoming month?
What is a Regular order?
What is Polyester?
A person who uses the product.
What is a Consumer?
Which manufactured fiber is the first to be made totally from chemicals?
What is Nylon?
Belk is a company that sells products to end users. Which type of intermediary is Belk?
What is a Retailer?
Felisha wants to purchase a custom wedding dress. Which type of purchase order should be used?
What is a Special Order?
A short-lived fashion item; may be around for a season or two.
What is a Fad?
Distribution strategy that sells products through every available wholesaler and retailer in the area.
What is Intensive?
Celeste typically purchases fashions when the prices are most expensive. In which stage of the fashion cycle is she buying?
What is the Introduction?
HanesBrands undershirts can be found in stores such as Target, JCPenney, Macy's and Wal-Mart department stores. Which distribution strategy are they using?
What is Intensive?
A local boutique is planning for the prom season in six months. Which type of purchase order should be used?
What is Advanced order?
What is the Trickle Up theory?
Responsible for selection and buying goods for their retail store to resale.
What is a Retail Buyer / Buyer?
The segment of the apparel industry that accounts for more than 60 percent of all apparel sales is:
What is womenswear?
TOMS shoes are only available through the company's e-tailing store and a few brick and mortar stores. Which distribution strategy is it using?
What is Selective?
Saks Fifth Avenue ordered 500 dresses, but only 300 were delivered. In order to get the remaining 200, the manager should use which type of purchase order?
What is a Backorder?
For average sized women, even sizes 0-20.
What is Misses?
The number of categories / classifications a retail store offers.
What is Assortment breadth?
In which stage of the fashion cycle is a trend considered dull and boring because the market is saturated?
What is the Decline Stage?
Due to its importing of more products than it exports, the United States has a ?
Deborah plans to only purchase Hunter rain boots over the next three years to sell in her boutique. She will provide the assortment of boots needed at a later time. Deborah is using which type of purchase order?
What is a Blanket order?