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Relationship between being overbought and markdowns

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Reference no: EM133170822

If a buyer's open-to-buy is less than what is needed to offer an adequate assortment, they may find themselves in an overbought position. Please explain the relationship between being overbought and markdowns, turnover and profit AND describe two ways in which a buyer can address an overbought position.

Reference no: EM133170822

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