Fashion Glossary · Retail & buying terms
Open to buy (OTB)
Also known as: OTB
Definition
Budget a buyer still has to spend on stock for a period.
Construction notes
Planned purchases − actual on-order − stock on hand.
Fashion Glossary · Retail & buying terms
Also known as: OTB
Budget a buyer still has to spend on stock for a period.
Planned purchases − actual on-order − stock on hand.