|| Print ||
|Articles - December 2010|
|Wednesday, November 17, 2010|
Page 2 of 4
Celeste Sipes, a designer and owner of Radish Underground, a boutique that sells clothes from independent designers, said it can cost as much as $45 to get a skirt made locally. Adding to that the cost of material, and a $10 to $15 profit for the designer, can alone push the wholesale price up to $65 or $70.
Retailers then mark up the price as much as double what they pay wholesale.
Runway’s Ceccanti said after retail markups her T-shirts generally sell in stores for $95, while her jackets can run as high as $700. After subtracting material costs, the money she makes for the time spent designing and sewing can make it a below-minimum-wage job. Finding consumers willing to spend that much for a no-name local designer is difficult.
“The market really isn’t here,” she says. “My ideal customer here is poor, like me. Everyone kind of works trade and that’s really great because it means everyone is really supportive of each other, but you can’t trade for your groceries.”
Designers who are able to sell a full collection to boutiques buy materials in Los Angeles or other places and often manufacture their lines there as well. But even those designers have hit a ceiling on success in Portland.
Anna Cohen ran her own eponymous fashion line from here for three years. Her clothes were featured in spreads in Vogue and Elle magazines and were sold in boutiques across the country. But she was unable to find local investors to grow her business, forcing her to run it with interns and borrowed money.
“When Vogue is calling, what do you do? You just have to say yes, at least that’s what I thought,” she says. “I kept having to take out money and borrow money and live very frugally for a long time.”
Each new fashion magazine spread brought more orders, which required more money. The way fashion works, it can take 18 months to earn back money from sales. Cohen’s breaking point came in March 2008, after fabric came back from her L.A. manufacturer with seams unraveling, forcing her to cancel orders. She folded the same month her clothes were featured in O, The Oprah Magazine, a glaring example of the disconnect between image and business reality.
Friday, February 28, 2014
The 21st annual 100 Best Companies to Work For in Oregon list was announced Thursday night at an awards dinner at the Oregon Convention Center.
Tuesday, February 25, 2014
BY PAIGE PARKER
A money management firm broadens its reach.
Tuesday, March 04, 2014
BY DEBRA RINGOLD | GUEST CONTRIBUTOR
How can we strengthen the performance of institutions charged with teaching what Francis Fukuyama calls the social virtues (reciprocity, moral obligation, duty toward community, and trust) necessary for successful markets and democracy itself?
Tuesday, February 25, 2014
BY BRANDON SAWYER
The 100 Best Companies get more creative with perks and more generous with benefits; employees seek empowering relations with management and coworkers.
Tuesday, January 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
For Oregon’s comic biz, 2014 is already proving to be a real page-turner.
Thursday, January 23, 2014
A conversation about MBAs with B-school deans from Marylhurst University and Oregon State University and a list of the top MBA programs in Oregon.
Thursday, February 27, 2014
Our 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.
|The more they change, the more they stay the same|
|The 2014 List: The Top 33 Large Companies to Work, For in Oregon|
|The 2014 List: The Top 34 Medium Companies to Work, For in Oregon|
|The 2014 List: The Top 33 Small Companies to Work, For in Oregon|
|The future of money|
|Overtime pay to reach more workers|
|Google buys Green Throttle Games|
|Cancer to become No. 1 killer in U.S.|
|Bitcoin firm wins brief U.S. bankruptcy protection|
|Rival banana firms to merge|
|Blood test predicts Alzheimer's disease|
|Cerberus Capital to buy Safeway|
Living in the beautiful Pacific Northwest means enjoying our wonderful surroundings, while remaining aware of the multiple types of natural disaster threats that we face: winter storms, windstorms, floods, landslides, earthquakes, volcanoes and tsunamis.“
Oregon State University's hospitality degree program invests in next-generation leaders.
Allowing individuals to access their own healthcare options has created more difficulty instead of making things easier. There are so many examples that illustrate why agents are more important than ever in helping businesses and individuals determine the healthcare coverage that best fits their need.
Barran Liebman is pleased to welcome Tyler Volm and Damien Munsinger as Associate Attorneys. Both Tyler and Damien represent employers and management in employment law litigation, and provide advice on a full range of employment law matters.
The 2014 World Trademark Review 1000 (“WTR”) recently named Lane Powell as one of the top trademark law firms in Oregon and Washington, and Lane Powell attorneys Kenneth R. Davis II, Parna A. Mehrbani, Frances M. Jagla and Paul D. Swanson as top individuals in the practice.
Capital Pacific Bank, a Portland-based community bank serving businesses, professionals and nonprofit organizations, today announced that it has earned recognition as a Certified B Corporation by B Lab, a nonprofit organization dedicated to building a community of socially responsible businesses. The bank is one of six financial institutions across the country to achieve B Corp status.