out of curiosity, when a buyer for a department store chooses items from a collection for their customers, how do they choose the number of looks and the number of sizes to order?
does a buyer use past forecasts and sales reports to choose sizing? or does one order an average of 4 sizes to carry? are buyers given an overall budget or do they have a quota of looks that they have to buy/purchase for their store?
are there any general rules about buying? who makes the deadline for the order? and when/where does buying occur exactly- after a fashion show and through the showroom?
also, what is the price margin that a store work off of from wholesale? 100%?
thanks in advance for any help/ideas! it all seems so mysterious, and pretty much kept under wraps.
