Perhaps unsurprisingly, sixty seven % of executives said situations for the style industry have worsened over the past 12 months. Shortening lead instances requires major modifications to the standard enterprise mannequin and provide chain, and a shift in focus to a customer-centric model Fashion News. Laggards face elevated fashion threat and extra stock in the occasion that they fail to match customer demand. Frontrunners are building agile supply chains supported by higher-quality consumer insights—with the frontier being close to a real-time provide chain fed by “test and learn” and data analytics.
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