While the apparel industry as a whole seems to be suffering, FashionGo continues to set milestones
Los Angeles (PRWEB) July 30, 2008
Due to the rising cost of gas and the overall poor state of the United States economy, many clothing retailers are being forced to find new ways to source their products to maintain competitive prices. While traditionally, many retailers have traveled to fashion districts such as the Los Angeles fashion district to buy their products, the rising cost of travel has forced many retailers to seek out alternative ways to cheaply source their goods.
Websites like FashionGo have become a popular alternative to visiting wholesale apparel fashion districts or industry tradeshows. FashionGo is an online business to business platform that allows retailers to purchase their goods directly from manufacturers. Many clothing store owners have used FashionGo to purchase products for their stores. FashionGo boasts over 15,000 styles from over 200 wholesalers & manufacturers. Registration for retailers is currently free.
"These are tough economic times and clothing retailers are trying to find any cost cutting technique they can," said FashionGo CEO, Ho Lee. "While domestic retailers are saving a ton of money using our service, our international clothing retailers located in Brazil, Mexico, and Japan have realized that the service we offer is invaluable."
As travel costs continue to rise, industry experts suggest that more and more clothing retailers will source their goods online rather than at fashion districts or industry tradeshows.
"While the apparel industry as a whole seems to be suffering, FashionGo continues to set milestones," Lee said. "We continue to have new users and we have seen average growth of about 100% the last few years."
Undoubtedly, cost savings is the most significant advantage of purchasing wholesale goods online. Clothing retailers no longer have to be subjected to skyrocketing fuel prices, nor do retailers have to physically carry their heavy goods from wholesale vendors; everything is available right at their fingertips.
"Purchasing goods online simply makes sense beyond just financial reasons," says Lee.