What a difference a fortnight makes.
What a difference a fortnight makes. In the two weeks since I last wrote on this very page about the beginnings of 25 Ten Boutique owner Paul Turner-Mitchell’s campaign on credit insurance, after several insurance companies withdrew credit insurance for brands, the debate has escalated. Last week, Paul met with his local MP, Labour’s Simon Danczuk, who has pledged this week to start a research process to gather information and put together an action plan.
This campaign has become the most talked about topic on our website, with brands and indies alike voicing their support and, in some cases, outrage. Both sides have a point: in a tough climate, indies don’t have the cash to pay for stock upfront, but equally, brands need the commitment from stockists to satisfy their own orders and balance sheets. But enlisting government support to offer credit schemes for small businesses was largely ignored in the online discussion, missing the point of the campaign.
If there was an easy answer, we wouldn’t be having this debate, but what’s clear is that both sides need to come up with a solution that works for everyone. Understanding each others’ needs and how to address them is the way forward. That’s why we want you to get in touch and tell us your concerns and, crucially, your ideas. What should Simon Danczuk look into? What should his research comprise of? If our story on indies implementing more reactive price promotions is anything to go by, then we need action – and fast. After all, the autumn 12 buying season is just over a month away.
This week, we bring you the essential trade show guide to next season, our Show Calendar, featuring more than 100 shows. We even have our first autumn 12 brand preview: Boxfresh.
If its collection is anything to go by, 2012 should be a good year, for product at least.