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Joint venture
A company owned by two or more companies, often from different
countries.
Juniors
Category of clothing for preteen and young teenage girls; this
clothing is generally very fashion oriented.
Just in time (JIT)
- A philosophy and method of manufacturing that minimizes
production costs by minimizing raw materials and components
inventories through requiring that such materials be delivered
where needed in the production process just in time, or just
before needed in the production process. JIT requires careful
management throughout the supply chain, and requires short cycle
or delivery times. JIT also increases flexibility, allowing
retailers to react more easily and quickly to changes in fashion
and consumer demand, because large inventories are not built
during the manufacturing process.
Juried show
A trade show in which companies wishing to exhibit must submit
goods for determination on whether they meet the design and
quality standards of the shows organizer.
Keyhole buttonhole
A stitched buttonhole in the shape of a keyhole, with a larger,
rounded opening at one end to accommodate the shank of the
button or the stitching attaching the button to the garment.
Knitting
A method of forming fabrics and / or garments by interlocking
yarns in a particular way. Garments may be knit by hand or by
machine.
Knit to shape
A process by which major components of a knit garment are knit
in the shape of the finished product, so as to require minimal,
if any, cutting or trimming. Knit to shape garments are
generally considered to be of higher quality than cut to shape
knit garments.
Labor union
A group of workers from the same or similar trade/s, officially
organized for the purposes of collective bargaining and
negotiating labor contract terms.
Landed cost
The cost of goods including delivery to the buyers distribution
center.
Laundering
The act of washing an item such as a fabric or garment, with
soap or detergent, for the purpose of removing dirt.
Lead time
The amount of time required before an activity can be
undertaken.
Letter of Credit (L/C)
A formal letter issued by a bank which authorizes the drawing of
drafts on the bank up to a fixed limit and under terms specified
in the letter. Through the issuance of such letters, a bank
guarantees payment on behalf of its customers (purchasers of
goods) and thereby facilitates the transaction of business
between parties who may not be otherwise acquainted with each
other. The letter of credit may be sent directly by the issuing
bank or its customer to the beneficiary (seller of goods), or
the terms of the credit may be transmitted through a
correspondent bank. In the latter event the correspondent may
add its guarantee (confirmation) that the issuing bank,
depending on the arrangements made between the seller and the
purchaser. Letters of credit may be revocable depending on
whether the issuing bank reserves the right to cancel the credit
prior to its expiration date.11
Licensing
A contractual agreement allowing for one or more companies to
produce and sell products incorporating the design, artwork, or
logo of another company.
11
Ibid.
Lifestyle
The overall mode of living of an individual or group of people,
as represented by the type of housing, transport they utilize,
work and leisure activities in which they engage, types of
clothing, food, and other products and services they purchase,
and image they convey.
Light box
A five sided box containing three or five different types of
standard light sources (incandescent, fluorescent, simulated
sunlight, etc.) that can be turned on alternately to allow the
user to check for metamerism in color shade matching under
different types of light.
Lightfastness
The characteristic of retaining color when exposed to extended
periods of light, such as sunlight.
Lining
An interior component of a garment or accessory that nearly
duplicates the exterior of the garment or product but fits
inside to give stability and a finished appearance to the inside
of the product.
L/C
see Letter of Credit.
Made Up
Textile products composed of two or more woven fabric
components.
MAGIC Marketplace -
The MAGIC shows connect a global audience of buyers and sellers
of mens, womens, and childrens apparel and accessories.
Retailers spanning single store boutiques to mass - market
domestic and international chains attend.
www.magiconline.com.
Manmade fiber
A textile fiber that does not occur naturally. Examples include
polyester, nylon, rayon.
Mannequin
A free standing, life sized doll with detachable arms and
legs; used in retail stores to display clothing.
Marker
A pattern layout put on top of the fabric for the cutter to
follow.12
Mass production
Manufacture of goods in large commercial quantities, generally
using an assembly line process.
Material World
A global trade show for the sewn products industry; covers
design through delivery. (www.material-world.com)
Memory
The characteristic of returning to its original shape or size
when a yarn or fabric has been stretched.
Menswear
Category of clothing intended for men; includes trousers, sport
jackets, suits, ties, mens shirts.
Mercerization
A process of swelling cotton yarn to preshrink the yarn and give
it added strength and luster or shine.
Merchandising
Often refers to the way in which goods are displayed in a retail
store, to make them more visually enticing to customers, with
the intention of increasing sales. Merchandising
12
Frings, Gini Stephens. Fashion From Concept to Consumer, Sixth
edition. Prentice Hall.
includes careful selection of the assortment of goods, and
determining which goods will be sold in close proximity to one
another.
Metamerism
-. The difference in appearance of a color under different types
of light.
Misses
A size category for womens clothing.
Modular manufacturing
A method of manufacturing that uses small groups of people who
work together to produce a finished garment.13
Multipack
A package that combines, into one retail unit, several
individual retail packages, in order to encourage consumers to
purchase several units at once. Multipacks may sometimes be
featured at a special promotional price that makes the per
unit price more favorable than the sum of the prices of the
individual units.
Multiple Unit Pricing
A pricing practice that offers discounts to buy multiple units
of the same product.
NAFTA
-
North America Free Trade Agreement. An agreement creating a free
market between the United States, Canada, and Mexico.
Natural fiber
A fiber that occurs in nature. Cotton, wool, silk, and linen
(flax) are natural fibers.
Needle cutting
Quality defect caused when a sewing needle breaks the yarn
(generally of a knitted fabric), causing small but visible holes
in the fabric.
Needle punching
A method of interlocking fibers in a non woven fabric by
punching a barbed needle through layers of fiber, then
withdrawing it to tangle the fibers.
Net weight
The weight of goods, excluding the weight of any packing
materials.
Niche
Small, speci
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