Great apparel buying opportunities
07/25/2016
The apparel industry has been taking quite a beating over the past few quarters. Companies like Macy's have reported real weakness in sales in this vertical. On May 12, a Fortune headline read, "Kohl's Joins the Retail Bloodbath With Dismal Sales", as further weakness in sales hit the company hard. In fact, at the time, Kohl's shares were down by 50% from their 52 week high. The Gap has suffered similarly.
As Fortune said, "What these companies have in common is that they are very reliant on apparel, a category with an industrywide oversupply that has led retailers to discount, discount, discount to win business."
Of course, this has created a massive opportunity for secondary market buyers. There has never been so much quality inventory flooding the market and it is driving prices down.
Two new marketplaces have launched in the B-Stock Sourcing Network that can help you take advantage of this golden opportunity. HSN and QVC have both launched new liquidation marketplaces. They are selling a wide variety of goods, but apparel is a big part of it. Lots are large and small, new and returns. They have something for everyone. You should definitely check them both out.
HSN Liquidation Marketplace: https://hsn.bstock.com
QVC Liquidation Marketplace: https://qvc.bstock.com