It’s really unfortunate that some good buyer’s like vanity world, Derek hearts, QVC, Lemon grass etc have tied with Golden touch imports. The golden touch in turn ties up with various buying office in various countries. One such agency is Westend apparels, they in turn tie up with other local agencies. If we have to calculate the profit margin by these agency would be around about 60%.
The above diagram show the margin added at each level and respective price. Manufacturers are the biggest losers. The retailers should try to come direct to manufacturer to get better margin and good quality products. The elimination of mid agencies would end up in getting better margin and good quality product for the retailer.
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