Supply Chain Risk Management is becoming a top priority in procurement as 95% of Fortune 1000 companies are seeing disruptions within their supply chains. Organizations are losing millions due to cost volatility, non-compliance fines, and incidents that cause damages such as the risk of natural disasters, or hazards. Many businesses that relied on suppliers based in China had to realign the supply. Coupled with the pandemic and geopolitical disturbances, the significant impacts that supply chains and operations have on the planet and society are not... Read More

While there are a few (rather limited) and existing transactional opportunities with Indian brands sourcing from Bangladesh for the Indian market and also the Global and Indian brands dominating the value chain partners for global supply, larger cooperation could also look at to bridge the trade gap in Textiles between India and Bangladesh. It is to be noted that both India and Bangladesh have a lot to gain from each other in textiles because they have complementary strengths. Why- India has always had a large... Read More

The worldwide outbreak of the pandemic has affected the traditional retail market with limitations around the tactile aspects of the model. Covid-19 has changed the way consumers shop and has made the brands realize the importance of the digital-first, direct-to-consumer model. Though several segments in the market have already embraced this transformation, the fashion industry has witnessed the biggest change. The D2C-led market is estimated at ~ $ 1.9 billion contributing close to 1% of the Indian FMCG, home market & consumer accessories market, involving... Read More

Coming July, meet our experts as we deep dive into the Future Consumers 2024 sentiments and profiles, fashion innovations, and what must be done to win the minds and market share of tomorrow. WGSN will also unfold the actions needed for brands to create products that consumers will prioritize in the months and years to come. Read More

Bangladesh’s garment industry is on an awe-inspiring journey with current apparel exports of $36 billion (in apparel exports) and projecting to grow to $100 billion in exports by 2030. Being the second-largest apparel exporter globally, what have been the key catalysts for the growth? Bangladesh also needs to look at adding categories, looking at a higher value addition in garments, expanding to man made fiber-based products while keeping up the efforts on sustainability and productivity improvement and at the base level on the infrastructure development.... Read More

The Covid pandemic has brought the physical market to a standstill forcing traditional retailers to try the course of the online marketplace. From neighborhood shops to high-end luxury brands, digitization in the retail sector has permeated all the categories of fashion while amplifying their reach to the consumer and giving them an omnipresent identity. With the advent of online & ecommerce, retail has undergone drastic changes and transformations and has evolved a lot. One can purchase everything with a click of a button, choices are... Read More

In recent times, the retail segment has taken a hit with the pandemic bringing the sector to a standstill. The way we interacted with products has changed significantly giving a push to technology. Of the list of emerging technologies, artificial intelligence has been the forefront of disruption for fashion industry. Thus, one of the most prominent ways fashion and technology have been integrated is the ability to turn a diverse set of data into engaging, enriching information. Why- As the pandemic has changed the way... Read More

With climate change becoming a growing concern, the fashion industry has come under the microscope for its unsustainable practices. The fashion industry contributed 2.1 billion metric tons of greenhouse gas emissions in 2018 which is 4% of the global total. Based on recent studies, the industry is on a path of exceeding the 1.5- degree pathway set by the IPCC and that was affirmed in the Paris Agreement 2015. To tackle GHG emissions in the industry, abatement steps have been proposed by the experts which... Read More

Technological interventions in industry are bringing a transformation giving birth to Industry 4.0. The wave of digitalization has permeated the industry with new developments such as Iot, AI, big data and analytics, PLM, machine learning, automation and robotics, cloud computing, blockchain, 3D printing among many others. Industry 4.0 brings a synergy between machinery, consumers, and products, enabling a highly automated system. Why- With the ever-changing requirements of the global consumer, forcing the brands and retailers to be more agile and offer products with short lead... Read More

As the manufacturing and sourcing processes come under scrutiny, brands are rethinking their existing chain and focusing on their expectations and requirements from manufacturers or suppliers in compliance and product capabilities. The Bridging Session 2 - will focus on sourcing, product development, and supply chain management. The notable speaker from the Newtimes Group will talk about the sourcing, product development, and supply chain management of apparel, accessories, and home products for export with specific requirements of brands. Read More