2020 is set to be a year in which disruptions present huge opportunities for retailers and brands to rethink their business models and explore new ways of working – especially when it comes to using new technologies and data. This is according to feedback from a panel of industry executives consulted by just-style.
Bureau Veritas’ Rick Horwitch, Vice President, Global Retail Lead & Supply Chain Strategy, is featured in these briefings, along with executives and experts from Coats, Li & Fung, United States Fashion Industry Association, University of Delaware, Olah Inc., International Apparel Federation, Hong Kong Research Institute of Textiles and Apparel, McKinsey & Company, Hilger Consulting, Clothesource and more.
Outlook 2020 Briefing Features:
• Apparel Industry Challenges and Opportunities: Disruption and uncertainty remain the biggest challenges facing apparel brands and retailers and their global supply chains heading into the new decade. Unpredictable and fast-moving changes to tariffs and trade, pressure to make smarter and faster decisions, and demands for new levels of sustainability will all weigh on fashion businesses in 2020. Click to view
• What Next for Apparel Sourcing? The search for the ideal sourcing destination is set to continue as Western fashion brands and retailers seek to reduce their exposure to China in 2020. At the same time they're having to navigate a more complicated matrix, which includes factors ranging from cost, speed to market, production capacity and flexibility to compliance risk. Along with these challenges come opportunities to rethink business models and explore new ways of working – especially when it comes to digitalization and data, executives say. Click to view
• Five key issues set to shape apparel sourcing in 2020: Disruption and uncertainty remain the biggest challenges facing apparel brands and retailers and their global supply chains heading into the new decade. But along with these challenges come opportunities to rethink business models and explore new ways of working – especially when it comes to using digitalization and data. Click to view
Just-style.com is the online news, insight and research portal for the apparel and textile industry. www.just-style.com
Jan. 28 2020