BELLA July 2016 | Page 62

KPI- Key Perfromance Indicator (eg. Sales Targets).

Brand Image- Displaying what thernad is all about and how it wishes to be presented.

UPT- Unit Per Transaction (Average amount of items per transaction)

Human Resorces- Eg. Pensions, Benefits, Maternity Leave

Classification- A category in which something is put.

Ability - Posession of a means or skill to do something

Fashion glossary

Strategy- Detailed plan for success.

Export- Sending goods to another country for sale.

FAD- An intense and widely shared enthusiasm for something usually short lived (short life cycle)

Basic Fashion- Necessities such as T-Shirts and blue jeans sold for years without style changes.

Fashion Products- Fashion product life cycle lasts a shorter time than a basic product life cycle. Large jumber of people adopt a style at a particular time.

Costs- An amount that has to be paid or spent to buy or obtain something.

Reliabilty- To be able to produce simular results under consistent conditions.