February 13, 2014
Sunnie Kim, President and Chief Executive, Hana Financial
Stories this photo appears in:
What Are the Roadblocks This Year for Apparel Makers and Retailers?
California Apparel News recently spoke with several finance-industry executives about what challenges apparel manufacturers are facing this year that they didn’t have to confront last year and how the presidential election is influencing consumer attitudes.
The U.S. Dollar Is on Fire: The Pros and Cons for U.S. Apparel Manufacturers.
The U.S. dollar is sailing at a 12-year high. A strong greenback means that if you travel overseas, hotels and restaurant dinners are cheaper. It also means raw materials produced overseas, such as fabric, zippers and buttons, have suddenly gone on sale.
Industry Focus: Factoring in the Age of Start-Up Apparel Companies and E-commerce
California Apparel News recently spoke with some finance-industry executives to find out how their companies approach financing new businesses and how selling to e-tailers differs from selling to a bricks-and-mortar retailer.
Industry Focus Finance: The Opportunities and Challenges of International Sales
With more apparel companies looking to export overseas to boost revenues, how difficult is it to get factor financing on these overseas accounts, and what things should apparel labels be aware of when exporting?
How a Growing Economy Affects Financing for Apparel Manufacturers
With interest rates still hovering in single-digit territory, the cost of borrowing money should be cheap, cheap, cheap. But it’s more than low interest rates that determine how much apparel manufacturers pay for a loan.
How Apparel Manufacturers and Retailers Are Coping With the E-Commerce Threat
These are tough times for traditional retailers. Many big store chains and specialty stores are finding their business is being swept away by websites that make it easier for people to shop any time of the day or night without even moving from the couch.
Apparel Finance Experts Give Advice on How to Weather the Economy
Financial experts weigh in on how apparel manufacturers will fare in 2014 and what challenges to expect in the months ahead.
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