Aspects to Consider in Starting Your Own Wholesale Clothing Business

Starting your own wholesale clothing business? Are you knowledgeable enough to handle it? Even a hopeful business person must have the needed experience in running the business alone. Once they handled a retail store in the past and the owner does not know anything from the fundamentals even advanced skills in handling wholesale, their business might totally lead into bankruptcy. Thus, what are the required experiences that an aspirant must have in running the venture of wholesale clothing?·         Process of the business- among many things, knowing the business process of wholesale clothing is such a great edge for you to attain the success. As a wholesaler, your task is to supervise the distribution of the products from the supplier or manufacturer down into the retailers, who manages the end market which are the consumers. Unlike those of the retailers that only waits for the customer to visit and come their shop. Wholesaler depends on their contacts to obtain their customers that are usually comprised by retailers as well as with other wholesalers.·         Planning- planning about the site, storage as well as clients is one of the aspects that you must take into consideration if you want to be on the business of wholesale clothing. Though location is not as needed as an owner’s capital, choosing the best location is still essential most especially for those aspirants who are only starting out their venture. However, to save up the fuel, main location for the business is between manufacturers and their retailers. Finding a place near the manufacturer could save a lot of time as well as fund for shipping. This thing also works well with consumers that could also benefit from a nearby wholesaler. Also, storage is another thing; it could range from specialized containers into a house’s basement and mainly relies on the type of good they would like to put up on store. Clients are usually the biggest problem that most starters of the business usually face. However, where will you get one? Actually, business conventions are prime locations to get your clients. Though getting into business convention might get costly, the exposure of your business is still quite beneficial.Get down and plan well for your business. This is a great way to make your life as well as living as lucrative as what you desire. Wholesale clothing may be the business that could bring you to life you imagine.Starting your own wholesale clothing business? Are you knowledgeable enough to handle it? Even a hopeful business person must have the needed experience in running the business alone. Once they handled a retail store in the past and the owner does not know anything from the fundamentals even advanced skills in handling wholesale, their business might totally lead into bankruptcy. Thus, what are the required experiences that an aspirant must have in running the venture of wholesale clothing?·         Process of the business- among many things, knowing the business process of wholesale clothing is such a great edge for you to attain the success. As a wholesaler, your task is to supervise the distribution of the products from the supplier or manufacturer down into the retailers, who manages the end market which are the consumers. Unlike those of the retailers that only waits for the customer to visit and come their shop. Wholesaler depends on their contacts to obtain their customers that are usually comprised by retailers as well as with other wholesalers.·         Planning- planning about the site, storage as well as clients is one of the aspects that you must take into consideration if you want to be on the business of wholesale clothing. Though location is not as needed as an owner’s capital, choosing the best location is still essential most especially for those aspirants who are only starting out their venture. However, to save up the fuel, main location for the business is between manufacturers and their retailers. Finding a place near the manufacturer could save a lot of time as well as fund for shipping. This thing also works well with consumers that could also benefit from a nearby wholesaler. Also, storage is another thing; it could range from specialized containers into a house’s basement and mainly relies on the type of good they would like to put up on store. Clients are usually the biggest problem that most starters of the business usually face. However, where will you get one? Actually, business conventions are prime locations to get your clients. Though getting into business convention might get costly, the exposure of your business is still quite beneficial.Get down and plan well for your business. This is a great way to make your life as well as living as lucrative as what you desire. Wholesale clothing may be the business that could bring you to life you imagine.

S&P 500 Biotech Giant Vertex Leads 5 Stocks Showing Strength

Your stocks to watch for the week ahead are Cheniere Energy (LNG), S&P 500 biotech giant Vertex Pharmaceuticals (VRTX), Cardinal Health (CAH), Steel Dynamics (STLD) and Genuine Parts (GPC).

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While the market remains in correction, with analysts and investors wary of an economic downturn, these five stocks are worth adding to watchlists. S&P 500 medical giants Vertex and Cardinal Health have been holding up, as health-care related plays tend to do well in down markets.

Steel Dynamics and Genuine Parts are both coming off strong earnings as both the steel and auto parts industries report optimistic outlooks. Meanwhile, Cheniere Energy saw sales boom in the second quarter as demand in Europe for natural gas continues to grow.

Major indexes have been making rally attempts with the Dow Jones and S&P 500 testing weekly support on Friday. With market uncertainty, investors should be ready for follow-through day breakouts and keep an eye on these stocks.

Cheniere Energy, Cardinal Health and VRTX stock are all on IBD Leaderboard.

Cheniere Energy Stock
LNG shares rose 1.1% to 175.79 during Friday’s market trading. On the week, the stock advanced 3.1%, not from highs, bouncing from its 21-day and 10-week lines earlier in the week.

Cheniere Energy has been consolidating since mid-September, but needs another week to forge a proper base, with a potential 182.72 buy point formed on Aug. 10.

Houston-based Cheniere Energy was IBD Stock Of The Day on Thursday, as the largest U.S. producer of liquefied natural gas eyes strong demand in Europe.

Even though natural gas prices are plunging in the U.S. and Europe, investors still see strong LNG demand for Cheniere and others.

The U.K. government confirmed last week that it is in talks for an LNG purchase agreement with a number of companies, including Cheniere.

In the first half of 2021, less than 40% of Cheniere’s cargoes of LNG landed in Europe. That jumped to more than 70% through this year’s second quarter, even as the company ramped up new export capacity. The urgency of Europe’s natural gas shortage only intensified last month. That is when an explosion disabled the Nord Stream 1 pipeline from Russia that had once supplied 40% of the European Union’s natural gas.

In Q2, sales increased 165% to $8 billion and LNG earned $2.90 per share, up from a net loss of $1.30 per share in Q2 2021. The company will report Q3 earnings Nov. 3, with investors seeing booming profits for the next few quarters.

Cheniere Energy has a Composite Rating of 84. It has a 98 Relative Strength Rating, an exclusive IBD Stock Checkup gauge for share price movement with a 1 to 99 score. The rating shows how a stock’s performance over the last 52 weeks holds up against all the other stocks in IBD’s database. The EPS rating is 41.

Vertex Stock
VRTX stock jumped 3.4% to 300 on Friday, rebounding from a test of its 50-day moving average. Shares climbed 2.2% for the week. Vertex stock has formed a tight flat base with an official buy point of 306.05, according to MarketSmith analysis.

The stock has remained consistent over recent weeks, while the relative strength line has trended higher. The RS line tracks a stock’s performance vs. the S&P 500 index.

Vertex Q3 earnings are on due Oct. 27. Analysts see EPS edging up 1% to $3.61 per share with sales increasing 16% to $2.2 billion, according to FactSet.

The Boston-based global biotech company dominates the cystic fibrosis treatment market. Vertex also has other products in late-stage clinical development that target sickle cell disease, Type 1 diabetes and certain genetically caused kidney diseases. That includes a gene-editing partnership with Crispr Therapeutics (CRSP).

In early August, Vertex reported better-than-expected second-quarter results and raised full-year sales targets.

S&P 500 stock Vertex ranks second in the Medical-Biomed/Biotech industry group. VRTX has a 99 Composite Rating. Its Relative Strength Rating is 94 and its EPS Rating is 99.

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Cardinal Health Stock
CAH stock advanced 3.2% to 73.03 Friday, clearing a 71.22 buy point from a shallow cup-with-handle base and hitting a record high. But volume was light on the breakout. CAH stock leapt 7.3% for the week.

Cardinal Health stock’s relative strength line has also been trending up for months.

The cup-with-handle base is part of a base-on-base pattern, forming just above a cup base cleared on Aug. 11.

Cardinal Health, based in Dublin, Ohio, offers a wide assortment of health care services and medical supplies to hospitals, labs, pharmacies and long-term care facilities. The company reports that it serves around 90% of hospitals and 60,000 pharmacies in the U.S.

S&P 500 stock Cardinal Health will report Q1 2023 earnings on Nov. 4. Analysts forecast earnings falling 26% to 96 cents per share. Sales are expected to increase 10% to $48.3 billion, according to FactSet.

Cardinal Health stock ranks first in the Medical-Wholesale Drug/Supplies industry group, ahead of McKesson (MCK), which is also showing positive action. CAH stock has a 94 Composite Rating out of 99. It has a 97 Relative Strength Rating and an EPS rating of 73.

Steel Dynamics Stock
STLD shares shot up 8.5% to 92.92 on Friday and soared 19% on the week, coming off a Steel Dynamics earnings beat Wednesday night.

Shares blasted above an 88.72 consolidation buy point Friday after clearing a trendline Thursday. STLD stock is 17% above its 50-day line, definitely extended from that key average.

Steel Dynamics’ latest consolidation could be seen as part of a larger base going back six months.

Steel Dynamics topped Q3 earnings views with EPS rising 10% to $5.46 while revenue grew 11% to $5.65 billion. The steel producer’s outlook is optimistic despite weaker flat rolled steel pricing. STLD reports its order activity and backlogs remain solid.

The Fort Wayne, Indiana-based company is among the largest producers of carbon steel products in the U.S. It engages in metal recycling operations along with steel fabrication and produces myriad steel products.

How Millett Grew Steel Dynamics From A Three Employee Business

STLD stock ranks first in the Steel-Producers industry group. STLD stock has a 96 Composite Rating out of 99. It has a 90 Relative Strength Rating, an exclusive IBD Stock Checkup gauge for share-price movement that tops at 99. The rating shows how a stock’s performance over the last 52 weeks holds up against all the other stocks in IBD’s database. The EPS rating is 98.

Genuine Parts Stock
GPC stock gained 2.8% to 162.35 Friday after the company topped earnings views with its Q3 results on Thursday. For the week GPC advanced 5.1% as the stock held its 50-day line and is in a flat base.

GPC has an official 165.09 flat-base buy point after a three-week rally, according to MarketSmith analysis.

The relative strength line for Genuine Parts stock has rallied sharply to highs over the past several months.

On Thursday, the Atlanta-based auto parts company raised its full-year guidance on growth across its automotive and industrial sales.

Genuine Parts earnings per share advanced 19% to $2.23 and revenue grew 18% to $5.675 billion in Q3. GPC’s full-year guidance is now calling for EPS of $8.05-$8.15, up from $7.80-$7.95. The company now forecasts revenue growth of 15%-16%, up from the earlier 12%-14%.

During the Covid pandemic, supply chain constraints caused a major upheaval in the auto industry, sending prices for new and used cars to record levels. This has made consumers more likely to hang on to their existing vehicles for longer, driving mileage higher and boosting demand for auto replacement parts.

Fellow auto stocks O’Reilly Auto Parts (ORLY) and AutoZone (AZO) have also rallied near buy points amid the struggling market. O’Reilly reports on Oct. 26.

IBD ranks Genuine Parts first in the Retail/Wholesale-Auto Parts industry group. GPC stock has a 96 Composite Rating. Its Relative Strength Rating is 94 and it has an EPS Rating of 89.

How Jazz Influenced Pop Music of Today

The history of Jazz is deep, varied and its influence has seeped into many genres from hip hop to pop and even rock music. This genre of music can be sometimes misunderstood as ‘too complex and enjoyed by music snobs’ or ‘background music at a bar’, however, it has likely had an effect on some of your favorite artists! Let’s take a closer look at its early origins, characteristics and find out how jazz influenced modern pop music.

Jazz origins

New Orleans is hailed as the birthplace of jazz music, originating in the second half of the 19th century. It was a melting pot of different cultures, all mixed together, sharing and playing their music. Born not long after the abolishment of slavery, jazz signified emancipation, freedom of expression, and experimentation. It is a unique blend of rhythms originating in West African music and the variety of instruments and harmonic chords used in European music. While we can trace its roots back to the late 1900s, jazz really got its ‘big break’ around 1920, in the era of ‘roaring twenties, which made it an overnight success. Musicians like Louis Armstrong, Duke Ellington, Count Basie all came into prominence. Since then, this diverse, complex, and exciting genre has morphed into other forms and influenced many genres of music we know and love today. At the same time, it hasn’t died out and still maintains a vibrant music scene of awe-inspiring jazz musicians. Let’s take a look at some of the key features of jazz and how they have influenced popular styles like pop, rock, and hip hop.

Chord progressions

Jazz typically uses a lot of extended chords, moving away from the standard three-note triad. We notice the use of 7ths, diminished intervals, 9ths, 11ths, and sustained chords, among others, creating colorful harmonies. These chords add more complexity to jazz music and are powerful ways to create tension and add a broader range of emotion into your performance.

Harmony

The harmony created by these extended chords is vastly used in R&B, neo-soul, blues, and folk. Jacob Collier is an excellent example of someone who uses jazz harmony extensively in their music. It also appears in the songs of popular artists like Lianne La Havas, Celeste, Hiatus Kaiyote, and countless others. Exploring intervals beyond the 3rd, 5th, and octave allow us to add a different flavor to our compositions, and jazz has heavily influenced the currently popular r&b and neo-soul artists as well as classic pop songs.

Song structure

Jazz steers away from the traditional pop song structure of verse-chorus or ABAB. Instead, it often uses AABA song structure or even ABABC, and it generally offers much more room for looser structures for artists to explore. We can see this influence used heavily in The Beatles’ music, for example, in the song ‘Honey Pie’. When it comes to more current artists, SZA is very prominently influenced by jazz song structure. Her songs feature multiple sections that all sound slightly different. This way, she keeps it interesting for the listener, encouraging them to keep coming back, as the songs are less predictable and keep our attention for longer. Improvisation and call and response are heavily featured in jazz, emphasizing its freedom of expression and an exciting way to communicate through music. These meticulous improvisations, which seem so effortless also make the jazz song structure much less rigid, compared to pop or classical music.

Rhythm

Jazz music is characterised by its swing rhythm but it’s also an endless resource for ear-catching rhythm elements! Syncopation, off-beats and infectious grooves are found everywhere in jazz. This genre has also been influenced by samba, bossa nova, and afro- Cuban beats, which have found their way into current pop music. We hear jazz-influenced rhythms in the music of Amy Winehouse, Tom Misch and many others, whose memorable grooves make us want to listen again and again.

Jazz influence in Pop

You may assume that pop music and jazz have nothing in common, due to pop’s rather simplified and straightforward elements. But the truth is, it’s heavily influenced by jazz, especially now that we see more neo-soul and hip-hop artists come into the spotlight and dominating popular music. Jazz musicians often feature on pop artist’s line-up, due to their varied and impressive skills in sight-reading, improvisation, and quickly picking up complex material. We see these examples countless times in live touring, for example, the impressive multi-instrumental bands that support artists like Justin Timberlake, Beyonce, and more. Music production is another example of how jazz-influenced pop music like Quincy Jones’ work with Michael Jackson. Quincy had worked as an arranger with Frank Sinatra, Duke Ellington, Count Basie, Dizzy Gillespie. His heavy jazz influence can be heard throughout Michael’s discography. If you listen closely, you’ll notice it in many of today’s popular artists, too. The funky disco-pop music of Charlie Puth and Dua Lipa, for example, has clear jazz influences in their syncopated basslines and energetic grooves.

Jazz influence in Rock

Rock seems an unlikely genre to be influenced by jazz but bear with us. This style of music has originated from rock’n’roll, which derived from blues music. Jazz has derived from blues too and yet it has also crossed over into rock. You’ll hear its influence in bands like The Doors, Led Zeppelin, and artists like Jimi Hendrix. ‘Time’ by Pink Floyd is an exceptional example of jazz influence in rock due to its unusual structure, chord changes, and harmony. Radiohead, for example, is usually put into the rock category, but records like The King of Limbs and the presence of drummer Clive Deamer, of Get the Blessing, would suggest otherwise. We hear their jazz influences particularly on songs like ‘Little by Little’. And so, rock is another genre that hasn’t escaped the influence of jazz music.

Jazz influence in Hip Hop

In today’s popular music, hip hop reigns supreme. And of course, it’s strongly rooted in jazz, which brings us full circle, showing the full extent of how jazz influenced modern pop music. Hip hop originates in sampling culture and there are countless samples taken from jazz and reimagined in hip hop. According to Who Sampled, Herbie Hancock has been sampled 984 times, Miles Davis 293 times, George Benson 290 times. The complex rhythms in hip hop very clearly derive from jazz with their energetic, syncopated beats and off beats we have come to love and get accustomed to in popular music. Hip hop and jazz are also tied together by their use of improvisation. Jazz musicians will often improvise over sections of the song, ‘communicating’ with each other through call and response and bouncing ideas between themselves. Hip hop expresses itself in a similar way through freestyling and improvisation that lets us take an unedited peek into the artist’s raw vision, background, and musical ideas. While jazz has influenced countless artists and so many of our most popular genres, it has probably had its strongest influence on hip hop.