Harvard Business

SEPTEMBER 14, 2017

When weather conditions are on average adverse over days, weeks, or entire seasons, shortfalls in sales cause reduced cash flows and can lead to financial distress and business failure. In the apparel sector, for instance, the unusually warm winter temperatures across Europe and the U.S. These disruptions add up. alone, or 3.5%

Cash Flow 28

Cash Flow Apparel Financial Sales 28

Harvard Business

MAY 22, 2018

The automotive industry is being disrupted by electric vehicles and self-driving cars, just as home appliances is being disrupted by the Internet of Things and smart appliances, home entertainment by on-demand content providers, and apparel by online personal stylists such as Stitch Fix and Trunk Club. Marketing and sales: offline vs. online.

Automotive 28

Automotive Sales Software Apparel 28

Harvard Business

JULY 7, 2016

Furthermore, labor can now be more efficiently allocated to other value-added activities throughout the store. In all of these cases, the digital differentiator creates a unique customer experience likely to drive higher satisfaction, additional sales, and repeat trips. The result? Fabletics is a case in point.

Trends 35

Trends Hotels How To Retail 35

Harvard Business

JANUARY 5, 2018

The chief marketing officers at consumer products companies, the heads of design at luxury apparel companies, and the heads of logistics at large retailers are cases in point. These are jobs in R&D, technology, and other areas vital to a firm’s strategic direction, product development, and process efficiency.

Talent 28

Talent McKinsey Apparel Sales 28

Harvard Business

JUNE 3, 2016

In the apparel industry, the benchmark for inventory accuracy is somewhere between 60% and 70%. As the technology is able to identify products in such an efficient manner, inventory can be updated in real time and the data can be used to inform targeted replenishment and merchandizing decisions.

Tools 28

Tools Construction System Retail 28