Tag: China

The Role Of Men’s Wholesale Clothing Distributors In The Retail Chain

Men’s wholesale clothing distributors fulfill a very important role in the clothing retail chain. If there were no wholesalers, many shop owners will go out of business. Let us briefly examine why this is the case.

If you are the owner of a men’s clothing store, or even a stall holder, you have to purchase your inventory from one ore more suppliers. The bigger the variety you sell, the more difficult it will be to make deals with all the various manufacturers. In most case they won’t even be interested to sell in such small quantities anyway.

You also face the additional problem that nowadays a lot of clothing is imported. There is simply no way that exporters from China, Europe or India are going to be interested to ship a few hundred items to an individual shop owner – these exporters want large orders, usually container loads.

In come the men’s wholesale clothing distributors. Their role is to source clothing from the various manufacturers and make it available to retailers. The benefit for the retailer is that he has a large variety of items to choose from, all under one roof.

The variety alone makes it worth his while for the average retailer. As every store owner well knows, more variety means more sales. And if you have a men’s clothing store selling general lines of clothing, as well as specialized items such as sports clothing, clothing accessories and boys clothing, you won’t find everything under one roof except at a wholesaler.

One other reason making it a good deal to buy from a wholesaler is the fact that, because they buy in bulk, they get much better prices which they can then pass on to the retailer. As an individual buyer purchasing one or two hundred items at a time, you will never be able to negotiate this type of prices with the manufacturer.

Often wholesalers will provide credit to retailers that have been buying from them for a certain time. If you as a retailer can arrange such a line of credit, you could probably sell the item even before you have to pay for it. This means none of your own money will be tied up in inventory.

Even if you have a specialized order, such as a customer that wants a few hundred T-shirts with his company logo, your clothing wholesaler could well be able to help you. These guys often have a close working relationship with so-called cut, make and trim (CMT) manufacturers who are able to fulfill custom orders. Buying from men’s wholesale clothing distributors therefore makes a lot of sense for a retailer.

Why Retail Stores Need Product Liability Insurance

Product liability insurance is needed by businesses that make or manufacture products, by businesses who import or distribute products, and by stores that sell products to consumers. At first glance, it is easy to see why a manufacturer would need liability insurance in case a product that they make is flawed during the manufacturing process or is found to be hazardous due to the faulty design of the product. However, importers, distributors, and retail stores also need a policy to cover liability as well.

The theory on who needs product liability insurance is best seen in a recent pet food recall involving the country of China. China made tainted pet food that was imported by a Canadian company with two physical US locations. The Canadian company supplied the US Wal-Mart stores with the tainted pet food that was then sold US consumers. Many pets died from the tainted pet food that was sold by Wal-Mart and these unhappy pet lovers started to sue for product liability damages through their US court systems.

Product liability insurance is needed by a manufacturer, unless that manufacturer is outside of the United States realm of control. The pet lovers could not sue the China manufacturer for damages, and even if they tried to sue in China, there is no easy way for a United States citizen to collect court orders damage money from another country.

Product liability insurance is needed by importers and distributors. The Canadian importer was from out-of-country, but did have two locations within the United States that were under United States control. The Canadian importer/distributor could be sued by the pet lovers.

Product liability insurance is needed by retail stores when they sell products. Wal-Mart had many lawsuits placed against them by the pet lovers for selling the pre-packaged food that killed their pets.

As is seen in the above example, the pet owners had the right to completely ignore the manufacturer in China who was the prime culprit in favor of suing the easier people to get to. Product liability laws in the United States can hold all people who come in contact with faulty products responsible to pay for damages if a consumer suffers injuries that are brought about by a faulty product. Product liability insurance is a necessity for all sizes of businesses that deal with consumer products in any manner. Injury claims in court often result in large amounts of damage money being awarded; this can ruin your business.