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.

who can afford their clothing. It’ll be

is now acting as the vice president, and she launched a series of promotional

it’s said that the lowest discount is 10%! They even have a mystery bag event online with an exceedingly low price of 99. Also, I heard that live streaming e-commerce is also promoting a few brands

hearing this, a splitting headache assailed

“They’re simply courting death!”

are doing very well. I heard that many

shook her head with a smile. “What’s the biggest fear in the clothing industry? Inventory. Once there’s too much inventory, it’s going to

since its effect is immediate. However, once there’s excessive promotion, sales for the next year will decrease even further because consumers already know that they can buy the clothes at a very low price after a month or two. If it

it. Or else, I’m not that big of a fool. I’ll

the same way as you, so they have no choice but to have another round of sales. The more promotions they host, the less inclined consumers

is a vicious cycle, so they’re

that, she gave Selena a thumbs-up. “As for Lake Corporation, the company itself is fine, but rumor has it that there’s perpetual internal strife, and some are even clamoring for

is rather similar to

to do anything