HOW DO I OPEN MY OWN FASHION JEWELRY store?

Question

I'm really interested in opening a FASHION JEWELRY store. I want to sell fashion jewelry like the earrings, necklaces, bracelets like Forever 21, but better quality and styles. I also want to sell accessores. I want to make it a really nice place but still affordable.

Do you know who I have to contact to find wholesale FASHION jewelry??? thanks!

Answer 1

Well,

  Let me see if I can help a bit. Fashion Jewelry & accessories are something you have to really think through.

Ask yourself these questions first:

- Where are you planning on opening your business?

- What is the style or trend of where you are at?

- What pricepoint do you wish to offer to your clientel?

In addition, realize the mark-up you have to make to keep up with overhead. Usual jewelry mark up is from 4 to 5 times cost, so discounts can be added.

As for wholesale fashion jewelry vendors, there are many, but negotiating terms with them is highly important.

Most want (30) day terms with a deposit up front. Try to work minimum (90) dy terms or if possible, a Memo Program. With the economy how it is, many vendors will work memo on some of their closeouts.

A couple of vendors you might try are: Charles Winston, Silvex, L.A.J., and Lori Jewelry. These are are wholesalers and manufacturers in Downtown LA.