VENDOR VIEW ’22: LESSONS LEARNED FROM THE PANDEMIC
by Karen Alberg Grossman Feb 24th, 2022
A random sampling of menswear brands and showrooms share how they’ve survived the past two years and what changes they’re making in this precarious environment.
Excerpt from the original article:
HAGEN PEYSER, HAGEN
"Business has been strong! We’ve worked through most of the supply chain problems and have minimal issues in Turkey, Poland, even Italy. Of course, getting fabric has been erratic but the biggest headache is the cost of shipping, which is now up about five times what it was and will probably remain high through 2022. That said, our customers understand price increases and are still buying aggressively. We booked double our planned business for spring 22, selling an additional 5000 more dress shirts (retailing at $185 to $225). Many retailers placed their first orders with us when they couldn’t get delivery from their regular big shirt makers. Then pleased with our sell-throughs, they reordered."