Handbag Closeouts and Excess Handbag Inventory
For manufacturers, retailers and wholesalers holding more handbags than they wish to maintain.
If you are a manufacturer of handbags, a retailer of handbags or a wholesaler of handbags, you may have extra inventory available that you need to close out. If you have more handbag inventory than you wish to maintain, you may find assistance from the apparel industry closeout community — the buyers and sellers who specialize in moving exactly this kind of stock.
Closeout Resources
Why Excess Handbag Inventory Builds Up
Handbags are a fashion product, and fashion products are bought ahead of the season on predictions. Sometimes designers or retailers select the wrong fashion colors and have leftover inventory at the end of the year. A style can sell through in one color and stall in another; a size or material can miss; a retailer's order can simply be larger than its season. The bags themselves are sound merchandise — they are just in the wrong place, in the wrong color, or a season late, which is precisely the situation the closeout trade exists to solve.
Finding Closeout Help
If you do not already work with a company that manages your closeout requirements, you can check the closeout section on Apparel Search to find companies that buy closeout and sell closeout apparel and fashion accessories. Not all of them sell handbags, but you may find a few to help you. Closeout buyers typically purchase in quantity and resell into off-price and secondary channels, so be ready with accurate counts by style, color and condition before you approach them.
Selling Handbags Online
A second route runs alongside the closeout community: you can also sell handbags on eBay. The eBay Handbags section is worth checking if you forgot that option — online selling suits smaller lots, samples and one-off styles that are too few for a bulk closeout deal, and it puts the inventory in front of retail buyers directly rather than trade buyers.
When It Is Time to Close Out
The signal is straightforward: when the season has turned, the colors have missed, and the stock is taking warehouse space and working capital that the next season's line needs, it is time to close out the inventory. Moving it promptly — through the closeout community, online, or both — returns cash and space to the business, and the bags reach buyers who want them at closeout prices. And if your interest in handbags runs the other way, toward creating them, you may also want to explore the guide to becoming a handbag designer linked below.
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Common Questions
What is excess handbag inventory?
It is handbag stock beyond what a manufacturer, retailer or wholesaler wishes to maintain — bags left over when a season ends, a color misses, or an order proves larger than demand. The stock is sound; it is simply in the wrong place or a season late.
Who buys closeout handbags?
The apparel industry closeout community: companies that buy closeout and sell closeout apparel and fashion accessories in quantity, reselling into off-price and secondary channels. The closeout section of this directory lists them; not all handle handbags, so check before approaching.
What causes leftover handbag inventory?
Most often, color and fashion predictions: designers or retailers select the wrong fashion colors and have leftover inventory at the end of the year. Styles can also stall in one material or size while selling through in another.