CloseoutExplosion.com challenges the established business model for the wholesale dress and suit market by using an innovative direct wholesale to retail
system.
(1888PressRelease) February 14, 2011 - CloseoutExplosion.com offers wholesale designer dresses and suits directly to retail accounts. In the traditional wholesale to retail model, small retailers would need to purchase designer dresses and suits from wholesalers that have exclusive arrangements with the designers, or from the designers themselves. Donny Lowy, the CEO of Closeout Explosion Inc, has set up a business model through which he purchases overstock and closeout dresses and suits, and supplies them directly to small retailers, boutiques, dress stores, discount stores, clothing shops, flea market vendors, and eBay sellers. What makes this a unique situation, is that it allows small retailers to obtain the same type of dresses as major department stores and high end boutiques carry, but at a fraction of the original retail price.
Designers such as Tahari, Jones NY, BCBG, Jessica McClintock, Calvin Klein, Michael Kors, XOXO, Rampage and other internationally known dress and suit designers, tightly control the wholesale supply of their brand name dresses and suits. But because CloseoutExplosion.com specifically deals in dresses and suits that have already been sold into the marketplace, such as department store overstock, shelf pulls, and customer returns, and are last season's hot sellers, they can be purchased at a significant below wholesale closeout price, which in turn allows the retailer to resell them at a great profit margin.
And because CloseoutExplosion.com operates a wholesale dress and suit warehouse, retailers can make their own selection in its comfortable clothing warehouse, or can enjoy further price savings by ordering specially selected suit and dress pallets. Inventory consists of wholesale prom dresses, wholesale bridesmaid dresses, wholesale party dresses, wholesale cocktail dresses, wholesale evening dresses, wholesale formal dresses, wholesale summer dresses, wholesale office suits, wholesale career suits, and wholesale corporate suits. Due to its great selection, retailers that had to previously rely on the New York and Los Angeles Fashion district, now have an alternate venue for their wholesale shopping.
One of the strongest challenges that retailers face is competing with the influx of cheap dress and suit imports from China. Although customers complain of the quality, many are still drawn to them because of their inexpensive cost. This issue has been addressed by Donny Lowy. "If a retailer buys designers dresses and suits from last season's models, not only will she be able to offer her customers the designers that they like, but she will also be able to sell them at prices that are competitive to the imported dresses and suits from China." Many wholesale and closeout buyers have responded favorably, with customers from the United States, Africa, the Caribbean, and the Middle East, purchasing wholesale dresses and suits from CloseoutExplosion.com
CloseoutExplosion.com challenges the established business model for the wholesale dress and suit market by using an innovative direct wholesale to retail
system. 
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