FASHION BUYING AND MERCHANDISE PRICE MANAGEMENT
This is primarily where fashion and merchandising aspects come together. Knowledge of fashion and trend analysis is used to decide how to stock retail stores. This includes which new styles to order, which items to reorder, the quantity of items, and the colors and sizes to stock.
The fashion merchandiser works within a budget and has to make sure stores can be properly stocked within that budget. Part of this process is buying and negotiating with manufacturers and designers to make sure items can be priced in a way that will sell and make a profit. If responsible for multiple retail stores, fashion merchandisers also need to determine how each store should be stocked since different stores likely have a different surrounding clientele with different tastes.