Why would a company purchase cheap clothes including closeouts and irregular clothing?
The off price clothing industry accounts for hundreds of millions of dollars a year in retail sales. Discount retailers purchase these products, swappers (flea market vendors), printers and embellishers and companies that repair garments. Cheap clothing irregulars and closeouts are usually sold at a substantial discount to first quality in line production. These discounts can be from 20% to 80% off first quality prices. These discounts are usually passed on to the consumer and afford a merchant the opportunity to promote a product at a discount to the market. Cheap clothes are usually recession resistant and provide lower income consumers with a great value.