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

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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

Returning to order: Improving returns management for apparel companies

McKinsey

High levels of retail returns are not inevitable. Better management can reduce the cost and improve consumer loyalty at the same time. Retail Insights Retail & Consumer Goods

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. The exceptions have been companies that have turned to digitization, consolidation, and “casualization”—trends that will remain relevant to many companies for the near term.

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

Ready to ‘where’: Getting sharp on apparel omnichannel excellence

McKinsey

Brands and retailers are moving quickly to provide more seamless omnichannel shopping experiences—but your customers are moving faster. Retail Insights

Patterns for value creation in apparel, fashion, and luxury

McKinsey

Performance in the fashion and luxury industries has turned lower, but leading companies haven’t been deterred. Here’s how they excel. Retail Insights

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

Faster fashion: How to shorten the apparel calendar

McKinsey

To get new styles into stores more quickly, fashion companies must improve internal collaboration, tap into consumer insights, and start to digitize the value chain. Retail Insights

Closing the loop: Increasing fashion circularity in California

McKinsey

It has put the apparel industry on an unsustainable path. The fashion value chain is predominantly linear and global. Retail Insights Retail & Consumer Goods United States Sustainability

The Five Pillars of Marketing Success

The Fearless Marketer

Uncategorized Apparel & Accessories Retailers - NEC Building Your Five Pillar Marketing Plan I career coach club Cheers Economy Facebook GUESS high-tech plastics high-tech plastics industry Houston [link] intangible services LinkedIn marketing Marketing Action Group Marketing Mastery Program More Clients Club New York plastics Social Media & NetworkingDoes the following give a pretty good picture of your current marketing activity?

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

Fashion’s digital transformation: Now or never

McKinsey

Some apparel, fashion, and luxury companies won’t survive the current crisis; others will emerge better positioned for the future. Much will depend on their digital and analytics capabilities. Retail Insights

Biodiversity: The next frontier in sustainable fashion

McKinsey

It’s time for the apparel industry to radically reduce the industry’s contribution to biodiversity loss. Here are four interventions that can make the biggest impact. Retail Insights

Welcome to luxury fashion resale: Discerning customers beckon to brands

McKinsey

Intrigued customers are breathing fresh life into the luxury apparel market, with a growing appreciation for pre-owned accessories and clothing. For most, brand involvement in resale is a plus: but can their enthusiasm bring the high-profile labels on board? Retail Insights Luxury goods

Perspectives for North America’s fashion industry in a time of crisis

McKinsey

Apparel retailers, department-store chains, and cosmetics stores employ millions of people. Industry leaders must take quick action while also planning for postcrisis realities. Retail Insights

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

Reimagining stores for retail’s next normal

McKinsey

At some point, retail stores will reopen—but unless apparel and specialty retailers redefine the role of the store and revamp store operations, they will be ill prepared for the post-COVID-19 future. 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

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

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

262: Babette Ballinger—How Does A Woman Tackle The Fashion Industry? Head On

On the Brink Podcast

As a fashion designer and owner of her own apparel sales firm, Babette had to constantly re-invent herself, learn how to run a business, and deal with the challenges of sustaining successful partnerships with men. Hear how one woman made her mark in an industry of men.

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

For example, an organizational change consultant hired to provide consulting services to an apparel company would probably satisfy this part of the test even if the apparel company had an organizational effectiveness department because the company’s primary business is apparel, not organizational change services. Recent court ruling likely to impact independent consultants in the U.S.

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. The CEO overseeing Adidas's flourishing is Kasper Rørsted, a man who spent the first half of his career in the tech industry. In office just two years, he is positioning Adidas as a globally influential enterprise.

Deep Dive into Customer Segmentation (Part 1 of 2)

Tom Spencer

Think about apparel products: in many countries, stores are still the primary place to buy clothes whereas in China, physical stores are in decline in favour of e-commerce. Due to the boom of the internet, nearly one third of apparel and footwear was sold online in 2018 (vs 1% in 2010).

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.

Don’t be Greedy – Be the Best

Martinka Consulting

The ruling was against the former board members of the Jones Group, an ownership group of apparel brands including Gloria Vanderbilt, Anne Klein and Nine West. The New York Times reported on a “little-noticed court ruling in December (2020).” In 2014 the Jones Group sold to Sycamore Partners in a highly (one might say overly) leveraged deal. The court ruled the “officers and directors had better think twice before agreeing” to deals with this type of structure.

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.

[Reader Question] Start as a generalist or niche down?

Kai Davis

Like ‘Veterinary Clinics’ or ‘Accountants’ or ‘Direct To Consumer Apparel Stores on Shopify.’ A reader writes in with an excellent question: Would you start as a generalist or focus on a specific type of consulting, and if one specific niche, how would you narrow it down? I’ve got a lot of thoughts on this, and the fundamental answer is “ The Riches are in the Niches.”

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. The program, which is powered by partnerships with sites like Curalate, LIKEtoKnow.it, and Polyvore, pulls images and links to products from blogs, social posts, and retail sites. For example, by typing “co

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. The sense that retailers are under more pressure than ever was a major theme at the National Retail Federation’s annual Big Show in New York this week. Several large retail brands kicked off 2017 with announcements that they were laying off employees or closing altogether.

[Reader Question] Start as a generalist or niche down?

Kai Davis

Like ‘Veterinary Clinics’ or ‘Accountants’ or ‘Direct To Consumer Apparel Stores on Shopify.’. A reader writes in with an excellent question: Would you start as a generalist or focus on a specific type of consulting, and if one specific niche, how would you narrow it down? I’ve got a lot of thoughts on this, and the fundamental answer is “ The Riches are in the Niches.”. The more specific you can make your niche or market, the better.

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.

6 Reasons Inflation is Higher than You Think

Tom Spencer

apparel and electronics), but the price of other consumer goods have risen sharply (e.g., “By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” ~ John Maynard Keynes.

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

Women in Consulting

For example, an organizational change consultant hired to provide consulting services to an apparel company would probably satisfy this part of the test even if the apparel company had an organizational effectiveness department because the company’s primary business is apparel, not organizational change services. By: Henry Telfeian. :: Two months ago, the California Supreme Court issued a unanimous decision in the case Dynamex Operations West Inc.

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