I have a radical new idea that will revolutionize fashion as we know it. If a blouse costs a designer $50.00 to make, they then charge $100 for it wholesale and the retailer charges $200 for it. Everybody doubles their money and is happy. Of course I'm being catty because that was RTW for about eighty years but somehow that is now considered passe and poor business. The modern approach to business seems to be to maximize profits not by innovating, expanding, and out performing your competition but by maximizing margins by putting the hurt on your labor and suppliers. Pay as little as possible and charge as much as possible. The problem with this equation is of course obvious as you are damaging the very people your business depends on. Please don't misunderstand me, every business should be as efficient as possible and do everything they can to keep the costs of goods and services low. But that's a finite space, if you force your suppliers or workers to accept lower incomes their product or quality of work declines as surely as rain falls.
Wayne Fall '12
Ohne Titel Resort '13