Efforts to automate sewing have fallen short of expectations.
Read the latest BoF Insights report to get BoF’s perspective on the state of the fashion industry’s supply chain model, plus data-driven guidance on how companies can strengthen their supply chains in the face of pandemic and geopolitical challenges.
The Hong Kong-based supply chain management company’s chief executive says fashion brands should diversify sourcing, adopt top technologies and invest in critical contingency planning.
Fashion’s supply chains will continue to face deep disruption ahead from logistical logjams, materials shortages and rising costs, according to The State of Fashion 2022 report by The Business of Fashion and McKinsey.
Walmart and other large fashion retailers tout their progress on worker safety to consumers. But suppliers say they’re often on their own when it comes to improving factory conditions.
The crisis will shake out the weak, embolden the strong and accelerate the decline of those that were already struggling before the pandemic, compelling companies to evaluate divestment and acquisition opportunities and capture whitespaces that emerge from the reshuffle, says The Business of Fashion and McKinsey’s Coronavirus Update to The State of Fashion 2020.
US President Donald Trump’s tariff threats have put the importance of supply chain management into sharp focus. What are the sourcing hot spots that offer alternatives to Chinese production?
This week, Farfetch appointed Holli Rogers to the newly created position of chief fashion officer, while the president of Neiman Marcus announced his exit from the company.
ShopX has raised $35 million in a new round of funding from Fung Strategic Holdings Ltd.
The global trading and sourcing group is selling off its sweater, furniture and beauty product verticals in order to further simplify its business.
The fortunes of many global brands are now in the hands of a few powerful families pondering what comes next for their fashion dynasties.