Task NO.1: How To Pursue Miss CEO

Chapter 113 Courting Death

“Well?” “Yard Group is indeed in trouble. There is a massive shortage of capital as their sales performance reached a new low this year. It’s mainly because your father signed a huge order at the beginning of the quarter when pre-ordering raw garment materials in order to purchase at a lower price.

The supplier requested full payment in advance, so this led to the massive shortage of capital.”

Selena snorted. I just knew it! “How stupid!” I’m again convinced that he isn’t suited to do business. After all, he loves petty gains.

“The few brands by Yard Group in the past were excellent, especially Jewel Blossom.

Many young people loved it, so I have no idea what happened in the past few years,” Linda muttered.

“The few brands by Yard Group had a clear positioning in the past, focusing on the young and fashionable. The selling price was set at a few hundred, so many young people could afford to buy.

Sales performance would still be pretty good with a slight discount. However, ever since they switched to a certain designer, the clothes they design became all the more capricious, and the prices were even hiked. Clothes that were a few hundred before are now a few thousand, which is why it is discouraging young people to purchase it.

fashion taste is now turning off the consumers who can afford their clothing. It’ll be a miracle if they can sell when they neither cater to the high

now acting as the

discount, and it’s said that the lowest discount is 10%! They even have a mystery bag event online with

this, a

“They’re simply courting death!”

her head, Linda gazed at her. “But their promotional sales are doing

with a smile. “What’s the biggest fear in the clothing industry? Inventory. Once there’s too much inventory, it’s going to bring about a huge expenditure to

immediate. However, once there’s excessive promotion, sales for the next year will decrease even further because consumers already

else, I’m not that big of

have another round of sales. The more promotions they host,

vicious cycle, so they’re

a thumbs-up. “As for Lake Corporation, the company itself is fine, but rumor has it

rather similar to

want to do anything