Business of Fashion News: Samsung’s Financing Program Includes Back-Office Support

Samsung works with suppliers with at least $5 million in annual volume.

Samsung C&T’s wholesale fashion business model supports brands as they grow their business.  Vicki M. Young February 16, 2017 article in WWD:

            “Samsung finances apparel firms with at least $5 million in volume and a need for back-office support. The program starts with financing of inventory. Because Samsung purchases the inventory, it oversees shipping to the U.S.; getting customs clearance; warehousing the product, and invoicing retailers. Samsung does the credit checks and handles collections from retailers.”   Read more.

Samsung’s unique wholesale infrastructure platform allows fashion brands to focus on the creative end of the operation with its biggest benefit being maintaining full control and ownership of their business.

Learn more about Samsung’s financial solution for fashion brands