ABOUT US OUR COMPANY

Mane & Majesticwas founded in 2019. We deal in premium quality of multibrand products (Export Surplus).

We have our store in Mayur Vihar Phase 1, New Delhi also, people from nearly locations can also visit physically to buy the products.

What is export surplus stock?

Export surplus garments, as the name suggests, is the stock counted as surplus rejected/canceled for a myriad of reasons. Also known as overrun garments or stock lot, the export surplus is not an intentional move by suppliers who aim to export these manufactured garments. Some of the primary reasons resulting in this surplus include:

Excess production:- While manufacturing the garments, factories make sure to produce a tad bit more than the ordered quantity, 2.5%-5%, to cover for the defects during the manufacturing process. Post complete shipment of these garments, the leftover ones constitute surplus.

Quality issue:- The buyers refrain from accepting garments that don’t live up to their quality standards. Thus, the ones rejected during the close quality inspection process done by the buyers result in the stock lot.

Shipment rejection:- Sometimes, a delay in shipment or inability to meet the size ratio or quality specification of the buyers leads to the rejection of those garments.

Due to any of the aforementioned reasons, the manufacturing units are left with piles of surplus garments. However, the good news is that they’re now given leeway by many companies to sell this surplus in the open market. Instead of bearing the loss of these unsold garments, they can cover their cost of manufacturing by selling the surplus stock at a much discounted price.

For both the customers and the suppliers, it’s a win-win situation.

The customers get to buy superior-quality branded garments without burning a hole in their pockets. For someone running on a shoestring budget and still feeling gravitated towards branded garments, it’s a great bargain. And, the manufacturers get to still profit from this leftover stock.

All that being said, the export surplus garments business is mushrooming these days. The craze around getting your hands on branded products at low prices has made it turn into a profitable business idea for many.