Are you getting to grips with selling your collection but trying to work out the difference between an agent or distributor? Or perhaps you need to need to know what is meant by Incoterms – DDP, EXW FCA and FOB? Wondering whether to consider consignment or SOR?

UKFT has put together a glossary of sales terms for UK fashion and textile businesses to help members reference when they hear unfamiliar expressions, phrases or acronyms.

The guide, available to UKFT members, covers: Agent, B2C, C2C, Brand/Designer, Brand Owner, Brick and Mortar, Chargebacks, Consignment, Consumer, D2C, Discount, Distributor, First Cost, Importer Wholesaler, Incoterms®, Intellectual Property, Intermediates, Margin, Marketplace, Multichannel, Omnichannel, Online, RRP, SOR, Under-Cutting, VAT and Wholesale.

Email faye.williams@ukft.org to receive a copy of the document. Not a member? Find out more about UKFT membership here.

UKFT BUSINESS SUPPORT: SELLING