📅 Date: Sat, May 3rd
🕒 Time: 10-12 PM
📍Location: Juan Valdez Cafe- Jumeriah 2
Maximize profits, reduce costs, and master supplier negotiations.
Understanding the true cost of production is key to building a profitable fashion business. This workshop will break down materials, labor, and overhead costs while equipping you with pricing strategies and negotiation tactics to optimize your bottom line—without compromising quality.
What You’ll Learn:
✅ The True Cost of Production – Learn to calculate fabric, materials, labor, and manufacturing costs, including MOQs and offshore sourcing complexities.
✅ Pricing for Profit – Set pricing that ensures strong margins while staying competitive.
✅ Revenue Models & Case Studies – Explore business models (DTC, wholesale, subscription) with insights from successful brands like PANGAIA.
✅ Financial Planning & Budgeting – Manage cash flow, plan for startup and growth expenses, and create a yearly budget.
✅ Costing & Negotiation Strategies – Break down production costs, identify hidden expenses (duties, freight, supplier fees), and negotiate better pricing.
📌 Hands-on Session: Work through real-life pricing exercises, calculate costs, and start structuring your budget.
Who Should Attend?
Entrepreneurs and fashion professionals looking to take control of their finances, scale sustainably, and maximize profitability.