Costing for the Fashion Industry is a practical, easy-to-use guide to the manufacture, sourcing and risk management methods essential to make a new fashion business venture financially viable.Each chapter focuses on a theme, such as entrepreneurship, time constraints, global awareness and new markets and sourcing, alongside practical exercises and detailed industry case studies to put the theory into context. This second edition explores capital investment decisions, the changing nature of cost and the importance of global awareness and new markets, as well as expanded coverage of internationalization strategies for SMEs.
Introduction 1. Small and Medium-Sized (SMEs) Clothing Businesses 2. Risk Management 3. Global Awareness and New Markets 4. Product Cost When Sourcing 5. The Nature of Clothing Manufacture and the Need for Costing 6. The Elements of Cost 7. Costing Over Periods of Time 8. Product Cost-Job Costing 9. Marginal Costing 10. Break-Even Analysis 11. Budgeting and Standard Costing 12. The Changing Nature of Cost 13. Activity-Based Costing 14. Capital Investment Decisions Further resources
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