Global Expansions: A Cantonese-speaking consultant was key to bodywear firm's growth

While some firms work directly with manufacturers, it helps to have a go-between.
JUL 30, 2014

Many a small-business owner has thought going global should be easy. Talk of the "global economy" has been going on for decades, so finding a manufacturer in a far-flung country should involve a Web search and copying a few email addresses, right? "People that we talked to in the industry kept saying that," said Carrie Charlick, who co-owns Essential Bodywear LLC with Marcia Cubitt. "If someone says 'no-brainer' to me one more time ... ." Their Commerce Township-based business sells bras and other lingerie through Tupperware-style home parties. The women were interested in starting their own private label line, and they assumed it would be easy to find a manufacturer. They went online and found an industry website that listed overseas manufacturers and contact information for their sales offices. They contacted manufacturers in China and the Philippines. Most didn't respond. The ones that did had no interest in the small product runs Essential Bodywear needed. Manufacturers' unit minimums usually ran into the tens of thousands; Charlick and Cubitt needed maybe a few thousand. "They wanted the Targets and Wal-Marts of the world," Charlick said. It went on that way for a year. But then "out of the blue," the New York City sales office of a Chinese manufacturer cold-called Essential Bodywear. The manufacturer could do a private label deal, from design to production. "The minimums were still high, but at least they were still willing to work with us," Charlick said. "Others weren't." It took several meetings to complete the deal and designs. But the trips were to New York, not Shanghai, so it wasn't a major hurdle. For four years, that relationship worked out. But in 2010, Charlick and Cubitt overhauled their bra designs and decided to find a new manufacturer with more forgiving minimums. They had thought about making trips to industry shows in Shanghai and Hong Kong, but it seemed overwhelming. "We didn't even know what to ask," Charlick said. This time, they hired someone else to do the work. Through a long chain of connections — a friend of a friend of a sister — they connected with an American man living in Mexico who ran a panty factory there. They met for drinks, and he recommended they speak with a consultant in the Boston area who speaks Mandarin. They did, and the consultant found a manufacturer, saving Charlick and Cubitt headaches. If they had to do it all over again, they would have hired a consultant right from the start, Charlick said. "She got us where we're at today," she said. "It was the best money we ever spent." This story first appeared in Crain's Detroit Business

Latest News

SEC to lose Hester Peirce, deepening a commissioner crisis
SEC to lose Hester Peirce, deepening a commissioner crisis

The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.

Florida B-D, RIA owner pitches bold long-term plan to sell to advisors
Florida B-D, RIA owner pitches bold long-term plan to sell to advisors

IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.

Fintech bytes: Vanilla, Wealth.com forge new estate planning partnerships
Fintech bytes: Vanilla, Wealth.com forge new estate planning partnerships

Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.

Fiduciary failure: Ex-advisor who sold practice fined after clients lost millions
Fiduciary failure: Ex-advisor who sold practice fined after clients lost millions

A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.

Why the evolution of ETFs is changing the due diligence equation
Why the evolution of ETFs is changing the due diligence equation

As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.

SPONSORED Are hedge funds the missing ingredient?

Wellington explores how multi strategy hedge funds may enhance diversification

SPONSORED Beyond wealth management: Why the future of advice is becoming more human

As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management