FASHION SUSTAINABILITY IS THE NEW COOL Last week, during a talk with investors, suppliers and retailers, I was asked if Fast Fashion can really be sustainable. We could include other business segments like luxury in this question. Fashion sustainability is the New Cool and is going mainstream, but some brands are still destroying products as a … More How Cool is Sustainability in Fashion
In previous articles, we saw how companies are transforming the fashion business into a more sustainable ecosystem as new generations demand for sustainable products, including recycling and upcycling: Circular Economy in Fashion Sustainable Fashion Brands 3D Knitting in Fashion H&M Conscious Collection, Inditex Join Life or Green to Wear + and Adidas collab with Parley for the Oceans (trainers made from recycled ocean plastic) … More Adidas, walking for sustainability
Reviewing a list of hot topics and trends from 2015 onwards, fashion technology and sustainability are amongst the most popular ones. As commented in The Fashtech Ecosystem: Blockchain, Artificial Intelligence, 3D Printing Augmented and Virtual Reality and Internet of Things are some of the technologies that are changing the way customers shop, interact with the product and brands. Sustainable and Meaningful Fashion Brands … More What if sustainability starts in your closet?
Continuing with previous examples of sustainable initiatives, Shein established in 2021, a 629,150 sq. ft. Innovation Center, a destination for the research and development of new waste-saving and efficiency-optimizing technologies necessary for scaling among their supplier partners.
Shein is moving forward with the circular economy and alliances. In 2022, Shein became a signatory of World Circular Textiles Day, a coalition of brands, suppliers and other organizations who share a mission to drive the fashion and textiles industry toward full circularity by 2050. Through such initiative they expect to continue to measure and mitigate their own textile waste and collaborate with other industry leaders. … More Sustainable Fashion case study: SHEIN. 2
I hope you enjoyed the holidays! Vacations are a good time for reading, staying updated, or continuing our education. In my case, I wanted to recommend the Sustainable Fashion course organized by Copenhagen Business School. Taking advantage of the work done, I’m sharing a portion of my final essay about SHEIN sustainability strategy…
In April 2022, it was reported that Shein was seeking over $1 billion in funding at a $100 billion valuation, according to Bloomberg report. It was a surprise for many people specializing in the fashion industry because the valuation was slightly higher than the one combining the leading global players: Inditex and H&M. More surprising because it was the first time a pure-player, fashion marketplace was competing directly with retailers that had thousands of stores worldwide combined to online presence. In fact, I would say that Inditex has developed the more advanced omnichannel structure in fashion, and probably in the retail business. According to Modaes, Shein revenues were around €22,7 Billion in 2022. In the case of confirming these data, it would mean Shein is the second largest fashion retailer after Inditex. … More Sustainable Fashion case study: SHEIN. 1
These are some notes from a zoom call organized this month by RBC Capital Markets with Reyhan Benzes, Board member of APS Textiles. Based in Turkey, APS is a leading manufacturer of woven apparels specializing in different variations of woven bottoms, mainly trousers, jackets, dresses and overcoats with overall sales volume exceeding 4million pieces annually … More Sourcing Trends: How suppliers are adapting to volatility
It is a pleasure to publish my latest contribution in the RBC Capital Markets Expert Call, a collaboration that started years ago. I talked to Richard Chamberlain, Retail Director at RBC, about the latest trends in Supply Chain, which have been impacted by the recent events of COVID and the war in Ukraine. The global … More Fashion Retail: Supply Chain Trends
Latest expert speaker call with Miya Knights and hosted by RBC contained interesting thoughts on how Amazon’s strategy has progressed and on current trends in Retail. Miya is a proven domain expert and leader, with extensive industry knowledge and networks built over 25 years’ experience as a journalist, editor, publisher, analyst, research director, head of … More Amazon and the Retail outlook x Miya Knights
Part II of Supply Chain in Fashion The Rubik Model Today, retail is not only about the “what” (product) but about the “how” (experience). It’s a configuration model like the Rubik cube, a flexible model with many possibilities: standard collections, capsules, customization, renting, resale, subscription boxes, and so on. The customer is at the center … More Fashion Goes Tech: The Rubik Model and Patagonia
It seems Covid-19 pandemic is ending but uncertainty is the new norm and adapting to it is essential. Fashion, like other industries, is adapting to digital transformation by redefining customer engagement and optimizing operations across new business models with a new approach to product development where sustainability and traceability are mandatory. This article is the … More Fashion Goes Tech: Digital Transformation in Fashion (4) – part 2/2
I’ve been following RBC Capital Markets, specially their retail insights, for a while. During my last expert call with their European team, we discussed about how important is to be agile in such uncertain times. Fast and agile from design to delivery, implementing new processes boosted by digital assets and developing a new corporate culture. … More Fashion Industry Update Q4 2022
Pau Almar is an expert in fashion and apparel retailing that has held several senior management positions in Mango and Zara menswear for the last 10 years in commercial areas optimizing decision-taking, stock efficiency and in-store operations. Additionally, Pau is the editor of Very Good Retail a LinkedIn weekly newsletter about retail and the author … More A guide for potential double digit long-term growth in a mature environment
This is the second part of my latest call with Richard Chamberlain, Head of Consumer Discretionary research at RBC Capital Markets Europe. The live session was exclusive to RBC clients, but these are the notes from the meeting. You can read the first part here RBC: How have supply chain bottlenecks changed the way fashion … More Fashion Retail Outlook: Expert Call with Alfonso Segura x RBC Capital Markets (part 2)
I’m excited to have participated again to an expert call with Richard Chamberlain, Head of Consumer Discretionary research at RBC Capital Markets Europe. Richard covers the General Retail sector and oversee the Luxury Goods and Internet sectors. We started our collaboration a few years ago and I really appreciate RBC Capital Markets insights which give me deep … More Fashion Retail Outlook: Expert Call with Alfonso Segura x RBC Capital Markets
Last March, Paco Underhill was guest speaker during the Retail and Luxury Outlook organized by RBC Capital Markets. By the way, I will be speaking to RBC on the same topic in a few days. Paco Underhill is an environmental psychologist, consumer expert and best-selling author (ie Why we Buy; Call of the Mall), and … More Retail and Luxury Outlook by Paco Underhill
A few years ago, in a conference in Barcelona, I described how growing global uncertainties were impacting businesses and, as a consequence, how important was to invest in digitization and become a data-driven company. Examples of uncertainties included social riots (eg Yellow vests riots in France, Peruvian protests), weather extremes due to climate change or … More Inditex, the Bigger Picture by RBC
Vadim Rogovskiy is CEO and co-founder of 3DLOOK, the global leader in AI-first mobile body measuring and fit solutions. Vadim is an angel investor and partner at Geek Ventures, an advisor and mentor at 500 Startups, and a Forbes “30 Under 30” alumni. I discovered 3DLOOK when writing about the fashion technology ecosystem. Then, in … More A few words with Vadim Rogovskiy, 3DLOOK CEO
A few weeks ago, I was guest speaker during RBC exclusive expert call. Richard Chamberlain and myself discussed about supply chain disruptions and constraints, sustainability, casualization or retail transformation. Last week, Royal Bank of Canada Capital Markets published European General Retail primer; the strong to get stronger, a report that presents latest market trends, financial … More Apparel Brands Report 2021
I met Jérôme 8 years ago, when PLM solutions were not a usual piece in the fashion retail tech ecosystem. I was then in Accenture Strategy and Operations, working in a project to implement integrated planning processes for a fashion retailer. Since then, technology has changed retail for ever. Jérôme Cabanès is 42 years old, … More A few words with Jérôme Cabanès, Director at Centric Software
The Merchandise Life Cycle In Fashion, products tend to have a short product lifecycle due to fast changes in trends and demand. Fast Fashion accelerated the traditional business model (e.g. usually 2 collection per year), creating a perceived obsolescence and making supply chains even more complex in a context of trade liberalization that started in … More Fashion Goes Tech: Digitization in Retail (2)
When I published Fashion Goes Tech, retail was suffering the worst crisis ever: covid-19. Empty streets, no traffic, stores closed. In other words, no footfall, no conversion, no inventory turnover, frozen cash flows, no business. In a business like fashion, it also means that you are increasing inventories and reducing the probabilities of selling it … More Fashion Goes Tech: Digitalization in retail (1)
According to RBC Capital Markets Insights, European General Retail Apparel space reductions easing. We perceive early signs of space reductions in the sector easing off, as rentals reduce and stores remain an integral part of retailers’ omnichannel offers. RBC thinks this could be helpful for valuation multiples in the sector. Retailers continue to improve the … More Inditex Retail Space Turnaround: adapting to omnichannel
A few weeks ago, I received a new order confirmation mail from Sweden. While checking the delivery address, I found that someone from WorkShop purchased Fashion Goes Tech, my latest book. I didn’t hesitate to connect to Johannes and know more about the award-winning agency. So, I’m very excited to introduce you to the Creative … More A few words with Johannes Lagerås, Creative Director at WorkShop
A few words with Nina Brener-Hellmund, Founder & CEO of Cult Mia Nina Brener-Hellmund (Nina): Raised between Mexico, Texas, and Switzerland, I was a global nomad growing up, always feeling like I could adapt to anything. I’ve always been happiest in environments that foster diversity and value an international perspective. Now 29 years-old and a … More A few words with Nina Brener-Hellmund, founder of Cult Mia
Last week, I listened to an interesting podcast from Business of Fashion: 10 Retail Archetypes of the Future featuring Dough Stephens. Stephens is a Canadian futurist, keynote speaker, author and business advisor on the future of retailing and consumerism. He also founded Retail Prophet. These are some compelling insights from the podcast: SHORT VERSUS LONG TERM Last year, during the … More Retailtainment and Enterprise Ecosystems
The Fashion Retailer‘s collaborations and network is growing! Since the blog was founded in 2017, we met, talked or chatted with amazing people, mostly executives and founders of fashion technology companies like Nextail, Heuritech or Zliide. Those essential conversations broaden my perspective on how technologies are making businesses more effective and were key when writing … More The Fashion Retailer Tech Ecosystem is growing
As described in Fashion Goes Tech, my latest book, retail hasn’t changed much in the last century but, over the last 20 years, digitization has drastically transformed the way companies do business and how customers shop. Retail was already facing the digital challenge when Covid-19 unexpectedly forced a shortening of the “adaption deadline” (Fashion Goes … More How to deal with Planning Volatility in Fashion: New Marketing Merchandise Calendar
BCOME is a powerful team led by two young female entrepreneurs. Alba Garcia-Betorz (right) has more than 12 years of experience in the retail industry as Product Director. Alba’s experience in global supply chains inpired her to create a solution to solve the most complex issues affecting traceability and sustainability in Fashion. Companies such as … More A few words with Alba García and Anna Cañadell, founders of BCOME
Bobbie Ttooulis (BT) has more than 20 years of experience in senior roles with companies ranging from global market leaders to tech start-ups and joined the GFS Board in 2017. True to her Greek Cypriot heritage, Bobbie loves nothing more than to be sharing great food and great company with friends and family. TFR: What … More A few words with Bobbie Ttooulis, Marketing Director at GFS
When I was 16 years old, I didn’t know what to study at university. I spent some time soul-searching about what subject I liked at school and why. I liked Economics but specially the social aspect of it. I have always been passionate about History and trying to put all the pieces of the puzzle … More Retail, culture and brands ethics
Fashion Retail Safari is a curated selection of trends, industry insights and interviews from The Fashion Retailer blog in 2019.
Fashion Retail Safari collects thoughts and insights from 2019 focusing on:
– General Thoughts about the Fashion Industry:
– Customer Experience and Segmentation
– Fashion and Technology or Fashtech
– Fashion as a Service or FaaS
– Sustainability
– Interviews with CEO and founders from startups specializing in AI, last-mile logistics or RFID
Coronavirus is impacting our democracies, our economies, our individual and social behaviors… When it comes to fashion, the virus is showing how difficult is to manage a seasonal business in such volatile and uncertain environment. Covid is killing cash flows in one of the most inventory-intensive businesses. Values-led collaborations in the sustainable era When it … More Values-led collaborations in fashion
A few words with Rene Fang, iStaging CEO Rene Fang (RF) is the Chief Executive Officer of iStaging Corp. Previously, she held senior leadership positions at Financial and Capital Market companies across Asia and Taiwan building transformational companies and leading new initiatives. The last 2 years, she is leading iStaging to success at first as … More A few words with Rene Fang, CEO of iStaging
Dollar Stores, Urban Deserts, Sustainability and Black Lives Matter I’ve been following Dollar Stores (Retail store that sells general merchandise, such as apparel, automotive parts, dry goods, hardware, home furnishings, and a selection of groceries. It usually sells them at discounted prices, sometimes at one or several fixed price points, such as one dollar – Wikipedia) … More Urban Fashion Deserts?
Some time ago, Emily Rookwood wrote Why So Many CEOs Are Taking Up Cycling (2014. Spear´s Magazine). The article talked about the important shift in the people who are cycling. Today, in an amateur race you can find entrepreneurs, CFOs, CEOs, MDs, etc. Even Damian Lewis was driving a Passoni bike in Billionaire, a clear … More The Fashion of Cycling in Covid-19 era
A few words with Shivang Desai and Chandralika Hazarika, founders of Bigthinx Shivang Desai (SD) is Bigthinx CEO/CTO. Indian. 34 years old. Studied MBA (Finance & Strategy) at Case Western Reserve University, Ohio, USA. Shivang has previously founded three startups: one of the first drone manufacturers in India, a marketing and branding company for medical … More A few words with Shivang Desai and Chandralika Hazarika, founders of Bigthinx
Lauryn Vaughn was born in small town British Columbia and eventually moved to Calgary with her mom, who was a single at the time and also pursuing her Master’s Degree in Education. After high school, Lauryn enrolled in a Bachelor of Commerce at the University of Calgary and interned for Canadian fashion designer, Paul Hardy. … More A few words with The Upside Founder and CEO
This article is the continuation of Coronavirus and Fashion (1/2), an overview of the short term strategy to overcome the Covid-19 crisis, the biggest challenge to face. Once the bleeding has stopped, companies will need to adapt their businesses for uncertain times. It will require anticipation, flexibility and agility. It’s time to breathe fresh air … More Coronavirus and Fashion (2/2)
As mentioned in Fashion Retail Safari, New Retail is about new processes, new analytical capabilities, innovation, technology, new store formats, …, that respond to digital generation trends such as experience, sustainability and authenticity. We live in very volatile times – weather extremes, political distruptions (e.g. Brexit) and public health threats (e.g. COVID-19) – and today, … More Tackling Fashion Industry’s Waste Problem
TFR latest post was a sociological perspective on Coronavirus, a virus that has the potential to destabilize the pillars of Modern Life. This is a global threat, the worst challenge since WWII, that will cause the first ever global recession (every country is impacted). Blocking the economy might cause rebellion too. Note that guns and … More Coronavirus and Fashion (1/2)