Is apparel manufacturing coming home?

McKinsey

To meet customers’ needs, apparel companies need to focus on nearshoring, automation, and sustainability. Retail Insights

Powerful pricing: The next frontier in apparel and fashion advanced analytics

McKinsey

Leading apparel retailers are embracing advanced analytics and blending intuition with science to price smarter. Retail Insights

Casual Apparel Outperforms High-End Fashion

BCG

Article Tuesday, December 13, 2016. In the wake of the recent financial crisis, the global fashion and luxury industry established a solid record of extremely strong value creation. More recently, however, the industry’s performance declined somewhat—a trend that has continued into 2016.

Digitization: The next stop for the apparel-sourcing caravan

McKinsey

Stepping up digital efforts in purchasing could help apparel companies transform. A survey of sourcing executives highlights trends and opportunities. Our Insights

Geek meets chic: Four actions to jump-start advanced analytics in apparel

McKinsey

Success in the apparel industry relies on carefully balancing art and science, yet companies lag behind in the digital revolution. Here’s what they can do to catch up. Retail Insights

Spotlight on Apparel: What’s Going On

MishTalk

Unlike gasoline, housing, food, and auto loans, apparel is a discretionary purchase. What are consumers and importers doing? more…). Economics

India’s fast-growing apparel market

McKinsey

In India’s high-growth, fast-changing retail clothing market, we see significant new growth opportunities for foreign and domestic players. Our Insights

The Five Pillars of Marketing Success

The More Clients Blog

Does the following give a pretty good picture of your current marketing activity? You have a website but you’re not really satisfied with it. You go to networking events once in a while. If someone asks you to give a talk, you’re happy to do it. You post on Facebook and/or LinkedIn semi-regularly.

Huge 6% Collapse in PPI Services Final Demand for Apparel, Jewelry, Footwear

MishTalk

Economists were shocked once again today. First, Retail Sales “Solidly” Flat, which we just covered. The Producer Price Index for … Continue reading → Economics

CPI Weak, Prices of Autos, Lodging Away From Home Drop: Econoday Cheers Rising Medical and Apparel Prices

MishTalk

The CPI rose 0.1% in July vs an Econoday consensus estimate of 0.2%. The Econoday Keynesian parrot does not like falling auto prices but is happy about rising medical prices. more…). Economics

How India’s ascent could change the fashion industry

McKinsey

There’s great promise in India’s apparel market—but challenges as well. Here’s what brands need to know about the country’s rise. Retail Insights

Measuring the fashion world

McKinsey

A new survey takes stock of apparel companies’ go-to-market processes. The findings have implications for product design, development, and delivery. Retail Insights

Eileen Fisher on Leadership: The Personal Side of Organizational Change

Strategy+Business

The founder of the apparel company talks about how much personal growth leaders should demand -- of employees and themselves

The fashion market and ‘Trade 2.0’

McKinsey

Here’s how the apparel trade could be reshaped by new barriers, trade tensions, and uncertainty. Companies should make contingency plans for a potential shake-up of global value chains. Retail Insights

Syriza Effect: 40% of Greek Companies Want to Leave the Country; California vs. Greece

MishTalk

“Exodus Has Begun” The minimum wage hike is about to smack Los Angeles’ apparel industry businesses and jobs. The LA … Continue reading → Economics

Leading a Company That Wants to Change Lives through Sports

Strategy+Business

Think high-profile consumer goods, and sports apparel comes quickly to mind. For the last few years, the world's fastest-growing major sports apparel enterprise has been Adidas.

Eileen Fisher and the Personal Side of Leadership

Strategy+Business

Yes, according to the apparel company CEO. Is it fair to ask employees to embrace personal growth, on top of everything else they do? See also "Eileen Fisher on Leadership: The Personal Side of Organizational Change

Take Steps Now to Protect Your Independent Status!

Successful Independent Consulting

Recent court ruling likely to impact independent consultants in the U.S. This article was written by Henry Telfeian, a labor relations and employment attorney as well as the general counsel for the Professional Independent Consultants of America, Inc. PICA Inc.).

California Supreme Court Ruling Impacts Independent Consulting and Subcontracting – Keep It Legal!

Women in Consulting

By: Henry Telfeian. :: Two months ago, the California Supreme Court issued a unanimous decision in the case Dynamex Operations West Inc.

Retail’s Hail Mary: Why Retailers are Betting on In-Store Data Insights

1 to 1

Squeezed by online competitors and evolving customer tastes, Macy’s, Sears, The Limited, and American Apparel have said they will be closing some or all of their stores.

Google’s ‘Shop the Look’ Tries to Declutter Mobile Shopping

1 to 1

On Tuesday, Google introduced a “Shop the Look” program that lets smartphone users purchase apparel and other products through the images that appear in response to search terms. Earlier this week, Google unveiled its latest effort to help retailers boost sales through mobile devices.

Surge of Store Closings Reveals Greater Need for Omnichannel

1 to 1

Among the closings are Macy''s, JCPenney, Guess, Radio Shack, as well as teen apparel stores Delia''s, Aeropostale, Wet Seal, and Abercrombie & Fitch. With the holiday shopping season behind us, retailers have planned a tidal wave of store closings for 2015. There’s more… To read the rest of this blog posting click here or visit www.1to1Media.com/weblog.

Nike’s Co-founder on Innovation, Culture, and Succession

Harvard Business

Phil Knight, former chair and CEO of Nike, tells the story of starting the sports apparel and equipment giant after taking an entrepreneurship class at Stanford and teaming up with his former track coach, Bill Bowerman. Together (and with the help of a waffle iron) they changed how running shoes are designed and made. Knight discusses the company’s enduring culture of innovation, as well as the succession process that led to former runner and Nike insider Mark Parker becoming CEO.

5 Surprising Findings About How People Actually Buy Clothes and Shoes

Harvard Business

Apparel brands are investing especially heavily in online shopping capabilities and introducing interactive features that complement apps and websites. To get a clearer, more-complete picture, we studied actual decisions made by 1,500 apparel and footwear shoppers in the United States. Other apparel brands might seek to attract customers through differentiated and personalized products. HBR Staff/CSA Images/B&W Archive Collection/Getty Images.

Organizational Fitness for Growth: Five Insights for CEOs

Kates Kesler

We recently completed a study for the CEO of a very well known, global sports-apparel brand company. Our sports-apparel CEO had the right idea in challenging his team to think about the organization and ask: are we fit for growth, given our strategies going forward?

Rewarded vs. Unrewarded Complexity in Organizations

Kates Kesler

We are working with a large apparel company now that has successfully managed a complex matrix for a number of years. Complex organizations are a result of complex business strategies. But not all complexity is equal. Frans van Houten, CEO of Royal Philips, makes a case for distinguishing between what he calls rewarded and unrewarded complexity.

Wholesale Trade Inventories Surge Led By Autos

MishTalk

Inventory draws reflecting gains in sales include computer equipment, electrical goods, and apparel. Autos are the sales Energizer bunny. Nothing seems to slow them down. Wholesale Inventories Surprised to the Upside , led by autos. Wholesale inventories rose 0.5 percent in September following an upward revised 0.3 percent gain in August. The September build appears to be intentional based on a 0.5

December Retail Sales Negative; Other Economic Data Horrid

MishTalk

Apparel was a standout, down 0.9%. The Beige Book yesterday warned us about weak apparel sales which in this report fell a very steep 0.9 Despite glowing reports of last minute Christmas sales, none of which I believed, December retail sales are best described as awful. The surprise here is that nobody blamed the weather. The Econoday Consensus Estimate was flat, and the result was not that far off at -0.1%, but the details were awful.

Another Round-Trip in Crude; Search for Inflation; Another Bout of Asset Deflation Hell Coming Up

MishTalk

Another major component showing upward pressure in July is apparel which rose 0.3 Crude prices are back to where they were in 2004. Before that, crude previously topped near $41 in September of 1990! Recall the hyperinflation talk in June of 2008 when crude hit $147?

Job Hub: TOMS Jobs and Culture

Management Consulted

Whether someone is out shopping for apparel or looking to better our world, TOMS gives an opportunity for both. Today we highlight tremendous business analyst and post-consulting leadership jobs at TOMS. TOMS is a popular shoe manufacturer known for combining philanthropy with a profitable business model. If you see a need, through the purchase of their merchandise you are able to address it.

Retail Sales Weaker Than Expected, Led by Autos; Car Boom Ending?

MishTalk

Apparel sales, which are definitely being held down by import prices, were unchanged following two small declines. This month the retail sales consensus expectation was for a 0.3% The actual reading was a gain of just 0.1% for the month.

CPI Jumps 0.4% on Gasoline Prices, Still Flat From Year Ago; Debt Deflation Dynamics

MishTalk

Components of note include a second month of declines for apparel, down 0.5 The headlines on today's CPI jump of 0.4% are all over the map. If you want a slant one way or another you can find it. For example: Reuters says U.S. consumer prices post largest gain in more than two years.

BTS Group Interviews and Culture

Management Consulted

Apparel. BTS GROUP INTERVIEWS AND CULTURE. 30 years old and long a mainstay in European consulting, BTS Group has been steadily growing since its inception in 1986. A strategy execution and implementation firm based in Sweden, today the firm counts 59 of the U.S. Fortune 500 and over 30 of the Global Fortune 100 among its clientele. BTS Group specializes in digital technology, leadership development, sales training, and assessments.

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Maximizing Agility and Leverage in the Global Organization

Kates Kesler

In foods, beverages, health, beauty, and apparel local variations really do matter. Very large multi-national product companies need to find creative ways to enjoy the benefits of scale while remaining agile.

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For Better Retail Promotions, Ask These Questions

Harvard Business

Recent analysis for a leading apparel retailer showed elasticity of customer response to promotional discounts was up to three times higher during holiday periods than during non-holiday periods and two times higher during weekends than on weekdays. John Rizzo/Getty Images.

Can Lean Manufacturing Put an End to Sweatshops?

Harvard Business

To examine this possibility, I conducted research on recent developments in Nike Inc’s apparel supply chain with Jens Hainmueller of Stanford University and Richard M.

Currency Lessons: Think a Sinking Currency is Always Good For Manufacturers?

MishTalk

Indian shoppers are not only cutting back on big-ticket purchases such as refrigerators, TVs or expensive branded apparel but even staples including soaps, ketchup and cosmetics. Currency Lessons. Brazil learned a currency lesson first, now India. Is Australia next? Japan?

Wholesale Trade: Another Bad Report, Inventories Decline, Prior Month Revised Way Lower; Expect Negative Revisions to 3rd and 4th Quarter GDP; What About Autos?

MishTalk

Inventory draws reflecting rising sales include furniture, apparel, and farm products. Economists missed the wholesale trade report numbers by a mile. The Econoday Consensus Estimate for today's trade numbers was +0.2% in a range of 0.0% to 0.4%.

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How Consumer Brands Can Connect with Customers in a Changing Retail Landscape

Harvard Business

The accessories and apparel designer uses in-store radio-frequency identification to send clothing items to dressing rooms, helps customers choose different styles and sizes, and shows stock availability in stores and online. Retailer relationships can impose varying levels of constraint in D2C selling — less for apparel, perhaps, and more for CPG. But brick-and-mortar retail doors are closing, especially for apparel, as shoppers take their business online.

Design for Conflict: Make Tension in the Matrix Work to Drive Business Results

Kates Kesler

Take Nike, marketing a core brand across a number of consumer categories with hundreds of footwear and apparel products all over the world. For years, leaders have tried to create smooth-running organizations where complexity, tension, conflict and overlapping lines of authority are at a minimum. Organizational simplicity is great when the business is simple – when there are only a few products, serving a few markets (in one or two countries).