Fashion Goes Tech: How Technology is Empowering Retail Businesses
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 Coronavirus unexpectedly forced a shortening of the “adaption deadline”.
Digital customers, Millennials and Gen Z, are changing the world of retail and also demanding a more sustainable environment. The road to digitization won’t be easy, nor safe. Some companies will adapt and survive, others won’t.
The omnichannel ecosystem, physical and digital, is like a brie cheese, that looks solid and hard on the outside but is creamy, almost liquid (digital) on the inside. In the new phygital reality, everything is digital from the core in order to survive.
Fashion Goes Tech is about how digitization can reinforce each phase in the fashion supply chain cycle from a business strategy perspective: design, planning, supply chain, IT, marketing and retailing (physical and digital). Featuring stories and insights from best-in-class brands and startups including Zara, Nike, Patagonia, Stella McCartney, Heuritech, Nextail, Provenance, amongst others. The book also includes an overview of the short-mid term strategy to overcome the Covid-19 crisis.
Also available on Amazon in Paperback and Kindle version
About the author:
Alfonso Segura (Barcelona. 1984) +15 years of experience in the Retail Industry (Mango, Ermenegildo Zegna, Normandie, Accenture, Infor). Sociologist and IESE Executive MBA. Entrepreneur, consultant and retail advisor. Specializes in business strategy, merchandising and digital transformation. Founder of The Fashion Retailer blog, awarded as Top 100 Retail Blogs, Websites & Influencers in 2021 by Feedspot. Published “Fashion Retail Safari” (2019).
Marc Morillas CEO at Morillas branding agency +10 years of experience in marketing and branding (Spanair, Red Code and Morillas). Bachelor’s of Business Administration by ESADE, passionate about companies and aviation. Morillas is one of the most valuable companies in the branding sector in Spain specializing in transforming businesses through creativity, technology and strategy.
Sharjeel T. Sajid 20+ years of proven experience in conceptualizing and delivering seamless business solutions for Fortune 100 companies. Business and technology expertise within retail, manufacturing, healthcare, and services industries. He led global cross-functional teams of architects, consultants, and other technical and professional staff, building a strategic vIsion and implementing IT solutions enabling seamless enterprise architectures.
- Published in February 2021
- Size: 13,97cm x 21,59cm
- 205 pages
“I thoroughly enjoyed reading Alfonso’s latest book on Fashion Retail, Fashion Goes Tech, which looks at how Technology is empowering retail businesses, and how digitization reinforces each phase in the fashion supply cycle. The book is very timely and topical, given the recent pandemic appears to have condensed five years worth of online growth in the sector into one, and given the challenges store heavy fashion retailers like Inditex, H&M and Primark are facing, in adapting to the rapid digitization of the sector. The book includes sections on how business strategies may need to change as a result of technological development, considers how fashion as a service will evolve and also ties in how technology and more progressive brands are helping to bring about a more sustainable fashion industry. It’s well worth a read for retailers, investors, suppliers and anyone interested in how technology is impacting a fascinating industry”, Richard Chamberlain – Retail & Luxury Managing Director at RBC Capital Markets
“It was an interesting and enlightening read. The book covers a good ground along the fashion supply chain and has been structured well keeping the post pandemic scenarios. For every process step there are ideas and examples of customers who have taken the lead and delivered innovation with technology. It gives a fashion retailers a guidebook on how to implement a transformational vision based on their own strengths by enabling relevant technologies. Good read and reaffirms some of our basic understandings of the industry”. Ravindra Prabhala – Global Head – Product Management, Retail & Fashion at SAP SE
“A very interesting and informative reading. Fashion goes Tech, by Alfonso Segura, covers critical topics for this vertical ranging from customer’s perception to hard core production. Examples are illustrative and bring the key points alive. If you are interested in understanding the transformation of the industry, it is a reading that you cannot miss.” Mª Julia Prats – Professor of Entrepreneurship at IESE Business School.
“A really up to date publication for anyone wanting to further deep-dive into the convergence of technology and fashion, but ultimately into how businesses can shape their customer proposition and rethink their value model through digitalization.” Alex Rich – Head of Customer Strategy and Operations at FARFETCH