Young London Designers Are Getting Stiffed by Stores
If you’re a young designer just starting out and you sell your collection to a reputable retailer, it’s reasonable to assume that you’d receive timely payment in return, right? Nope, not necessarily.
Business of Fashion talked to some London-based designers who have had some pretty appalling experiences with retailers–late payments, unfair payment plans, and even no payments, leaving them and their fledgling businesses in bad shape.
Two concept stores, London’s LN-CC and Milan’s Corso Como, were cited as major offenders.
