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Jul 13, 2016 9:59 EST

Guotai USA CO., LTD: We are producing workwear for the Craftsman brand using unique teflon technology (Repeals water, oil and dirt ). This is an ongoing program we have with Sears and we are now preparing for the fall 2016 order.

iCrowdNewswire - Jul 13, 2016

Guotai USA CO., LTD.

Craftsman Work-Wear Fall 2016 order

Los Angeles, CA

http://www.guotaiusa.com/

We are producing workwear for the Craftsman brand using unique teflon technology (Repeals water, oil and dirt ). This is an ongoing program we have with Sears and we are now preparing for the fall 2016 order. Being that this is a first time campaign, we are here to finance a portion of the full order. This will allow us more flexibility and financial support as this program continues to grow.

The total Fall 2016 order is $6.5 Million dollars over monthly shipment from July to December (We just finished our Sping 2016 program with Sears that was $2 Million), Sears pays net 60 and we receive credit from our vendors to finance the terms. What we are looking to achieve through Kickfurther community are  two main objectives:

a. Additional financing as the program is growing (We cannot solely relay on vendors to provide all the credit).

b. The ability to negotiate better prices with the vendors.

Our first campaign with one of our smaller brands JNCO had to be cancelled because of a licensing dispute out of our control. We understand Kickfurther’s position to protect the buyers and appreciate their professionalism. None of the inventory within this campaign is affiliated with JNCO in any way.

Guotai USA was established over five years ago to bridge the gap between retailers and overseas manufacturers.

Based in Los Angeles, California, GUSA is an extension of Jiangsu Guotai International Group. GUSA is in charge of assisting the client with product development, forecasting trends, choosing the right fabrics, designing and preparing the tech packs, and providing samples. 

In partnering with Guotai USA, our clients have the best of both worlds: the convenience, expertise, and care of a local company, with the power, capacity, and stature of a multinational trade enterprise. 

Since 1927, the Craftsman brand’s unwavering dedication to quality and durability has inspired builders. With over 80 product categories and 6,000+ products, Craftsman tools endures as America’s best-selling tool brand. And, since 1991, Craftsman Club has further inspired makers with projects, discussions and exclusive savings. 

We are producing the workwear for the Craftsman brand.

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Purchase Order Breakdown

Product Consumer Price Percent of Co-Op
Craftsman Men’s Traditional Work Bib Overalls with Teflon™ fabric protector $68 30%
Craftsman Men’s Duck Canvas Carpenter Pants with Teflon™ $50 23%
Craftsman Men’s Carpenter Jeans with Teflon® fabric protector $50 21%
Craftsman Men’s Ripstop Utility Pants with Teflon™ $50 27%

 

Contact Information:

Guotai

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