Over the past year and a half, fashion has been fighting an uphill battle as business as usual has been upended via a global health crisis. Regardless of whether executives were sitting in factories facing cancellations, or downstream dealing with climbing freight rates, everyone felt the pains of the pandemic.
But with adversity comes perspective and the impetus to adapt.
This exclusive, inaugural survey report, produced in partnership with global consulting firm AlixPartners, shows that fashion industry insiders recognize the need for change. As the virus sent shockwaves through supply chains, it revealed what was and wasn’t working with the current business models. Moving ahead, there is a demand for more data-driven decision-making, connectivity, visibility and resiliency—from the moment of product conception, to the point goods reach the end consumer.
This report covers four key areas: Assortment Planning; Omnichannel Evolution; Supply Chain Complexity; and Agility. Featuring the extensive survey results as well as interviews with executives from Kontoor Brands, Mizzen+Main, Naadam, Renfro, Rue21, ThirdLove, UNTUCKit and more, the report provides a deep-dive into how fashion is coping with turbulent times and laying the groundwork to emerge stronger than before.
Download the report to learn:- Which leading supply chain challenges companies are planning for in the coming years
- Why assortment planning can no longer lean on historical sales data, and the factors necessary to analyze and predict demand
- How product and planning teams are strategizing for longer lead times and shipping delays
- How and why companies are redrawing their sourcing maps
- Why it’s becoming increasingly complex to calculate the value of a store’s “four-wall” door in an omnichannel world
- The outlook for e-commerce and BOPIS growth in 2022 and beyond
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