Fashion & Retail Management
If you love fashion and you've always wanted to own your own business, a degree in retail management could be right up your alley. You already know what shoes to pair with that little black dress for the perfect night out, but you may need to learn the details of management as it relates to fashion. Courses in fashion sales, retail history, and more may give you the experience you need to enter the field with confidence.
Management Salary Points. In 2007, retail sales managers and supervisors saw mean annual earnings of $39,210, according to the Bureau of Labor Statistics (BLS). Management positions at high-end boutiques and specialty stores might earn more, depending on location and experience.
Fashion Merchandising Careers
If you stand behind your brand, you have to be able to sell it. Fashion merchandising is an umbrella term that covers a range of careers, including:
- Merchandise managers
- Fashion buyers
- Fashion marketers
- Fashion sales
Even those who specialize in creating window dressings for department stores fall under the category of fashion merchandising.
Fashion merchandise managers see a lot of use in today's fashion economy. "Today it's the merchandise manager who carries the weight," Marvin Traub, a retail consultant, told the New York Times. "He has an eye to the numbers." While a degree or certificate in fashion merchandising may not be required for all careers, it can help to have the technical knowledge you can pair with you existing passion.
Merchandising Salary Points. Wholesale and retail buyers earned $53,580 in 2007, the BLS reports. That same year, purchasing managers across all industries earned mean annual wages of $90,430. While that figure goes well beyond the fashion industry, it should give you an idea of the kind of salary a skilled manager in the field might expect.
When you first think of jobs in the fashion industry, you might picture famous fashion designers like Donatella Versace or Michael Kors. While it's true that most work can be found in fashion hubs California and New York, designers typically work all over the country, running small businesses and boutiques. Whether you're dreaming of small-town success or a big-city dream, training in fashion design can get you there.
Fashion Design Salary Points. Fashion designers saw mean annual wages of $71,170 in 2007, according to the BLS. Most designers worked in New York or California, cementing the notion that your best chances for employment are on the opposite coasts.
While competition is keen for many careers and no degree can guarantee a job, graduates of fashion schools are still finding a viable job market. Research fashion schools to get a better idea of your potential future.
Request Info from Fashion Schools
Bureau of Labor Statistics, Fashion Design
Bureau of Labor Statistics, Retail Buyers
Bureau of Labor Statistics, Retail Managers
New York Times, "What the Fashion Seers Didn't See Coming," by Ruth La Ferla