Pricing Strategies

Hi All,

Really hope someone could help. I'm looking to learn more about pricing in the fashion industry. I'm the finance manager for a small start up and they want me to do all the pricing for the clothes we produce, at Retail and Wholesale, but I feel a little out of my depth having never done pricing the way they have historically done it. They have a calculation in the UK of RRP divided by 2.8 to give the Wholesale price. This is not something I've seen before.

Does anyway have any experience they could share to help me?

Many thanks

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