With a booming global population that has an insatiable appetite for new fashion styles, the fashion industry is under pressure to deliver at speed, but it doesn't have to be at the expense of our natural environment.
Planned Fashion Obsolescence in the light of Supply Chain Management. This is a research article with qualitative approach. The same article can be downloaded from the following link:
https://www.abacademies.org/abstract/planned-fashion-obsolescence-in-the-light-of-supply-chain-uncertainty-8967.html
A Project report on car branding / car advertising.
A summer internship project report on "An Indepth study on Perception towards the Car Branding in Ahmedabad City"
THE POTENTIAL OF DEVELOPING IRAQ SMARTPHONE MARKET AS AN EMERGING AND LUCRAT...ghayth ali
Smartphones importance increased day after day, in hence the market of this sector
developed and becomes more powerful and lucrative. Smartphones considered as a digital oil as
a description how smartphones market is powerful. Millions of devices produced by competitors
with a wide range of options to face the high demand and satisfy the different needs .this paper
aimed to explore the global market of smartphones and Iraq smartphones market in particular to
make benchmarking to discover the gap.
In a digital world, Telecom operators face challenging customer exceptions. Learn more about the ideal one click customer journey and Ericsson ConsumerLab insights.
This document provides a summary of various digital marketing news articles from 2015. It discusses trends related to digital, social media, mobile and e-commerce in Asia-Pacific markets. Some key topics covered include Weibo's growing user base in China, Facebook adding call buttons to ads, how brands are using social media and video for marketing, the rise of mobile shopping and video consumption, and Google adding shopping capabilities to mobile search results.
This document summarizes consumer trends and growth opportunities in Vietnam for 2019. Some key points:
- Consumer confidence is at a 9-year high according to an index, but business leaders are more skeptical of economic conditions.
- Top concerns for 2019 include a global economic downturn, environmental pollution, and inflation.
- Spending on education, healthcare, and personal care are expected to increase in 2019. Personal debt is also growing.
- Vietnam is becoming more urbanized and middle income. Younger generations are more "international" in their outlook.
- Online purchasing and social media usage are growing rapidly despite still being lower than in urban areas. Infrastructure development and cost of living are challenges.
Xu hướng, hành vi tiêu dùng của người tiêu dùng Việt Nam năm 2019.
Cẩm nang cung cấp cho bạn một nghiên cứu toàn diện về thị trường, xu hướng, phân khúc, sản phẩm và giúp bạn đưa ra hướng đầu tư đúng đắn. Cho dù đó là xây dựng thương hiệu, tiếp thị qua phương tiện truyền thông xã hội, thúc đẩy trải nghiệm khách hàng dựa trên dữ liệu, giải quyết các mối quan tâm về quyền riêng tư hoặc pha trộn ngoại tuyến với Thương mại điện tử, cẩm nang phiên bản thứ tư này nêu bật cách các nhà sản xuất và nhà bán lẻ nên suy nghĩ, đưa ra quyết định.
Gone are the days when consumers were kings with unrivalled dominion and unchallenged tastes
and preferences. Time has seen consumers willingly or otherwise lose such sovereign and indomitable power in
the marketplace and are now captive, on handcuffs of ruthless marketing tactics. Evidence witnessed that
consumers are often hoodwinked
Planned Fashion Obsolescence in the light of Supply Chain Management. This is a research article with qualitative approach. The same article can be downloaded from the following link:
https://www.abacademies.org/abstract/planned-fashion-obsolescence-in-the-light-of-supply-chain-uncertainty-8967.html
A Project report on car branding / car advertising.
A summer internship project report on "An Indepth study on Perception towards the Car Branding in Ahmedabad City"
THE POTENTIAL OF DEVELOPING IRAQ SMARTPHONE MARKET AS AN EMERGING AND LUCRAT...ghayth ali
Smartphones importance increased day after day, in hence the market of this sector
developed and becomes more powerful and lucrative. Smartphones considered as a digital oil as
a description how smartphones market is powerful. Millions of devices produced by competitors
with a wide range of options to face the high demand and satisfy the different needs .this paper
aimed to explore the global market of smartphones and Iraq smartphones market in particular to
make benchmarking to discover the gap.
In a digital world, Telecom operators face challenging customer exceptions. Learn more about the ideal one click customer journey and Ericsson ConsumerLab insights.
This document provides a summary of various digital marketing news articles from 2015. It discusses trends related to digital, social media, mobile and e-commerce in Asia-Pacific markets. Some key topics covered include Weibo's growing user base in China, Facebook adding call buttons to ads, how brands are using social media and video for marketing, the rise of mobile shopping and video consumption, and Google adding shopping capabilities to mobile search results.
This document summarizes consumer trends and growth opportunities in Vietnam for 2019. Some key points:
- Consumer confidence is at a 9-year high according to an index, but business leaders are more skeptical of economic conditions.
- Top concerns for 2019 include a global economic downturn, environmental pollution, and inflation.
- Spending on education, healthcare, and personal care are expected to increase in 2019. Personal debt is also growing.
- Vietnam is becoming more urbanized and middle income. Younger generations are more "international" in their outlook.
- Online purchasing and social media usage are growing rapidly despite still being lower than in urban areas. Infrastructure development and cost of living are challenges.
Xu hướng, hành vi tiêu dùng của người tiêu dùng Việt Nam năm 2019.
Cẩm nang cung cấp cho bạn một nghiên cứu toàn diện về thị trường, xu hướng, phân khúc, sản phẩm và giúp bạn đưa ra hướng đầu tư đúng đắn. Cho dù đó là xây dựng thương hiệu, tiếp thị qua phương tiện truyền thông xã hội, thúc đẩy trải nghiệm khách hàng dựa trên dữ liệu, giải quyết các mối quan tâm về quyền riêng tư hoặc pha trộn ngoại tuyến với Thương mại điện tử, cẩm nang phiên bản thứ tư này nêu bật cách các nhà sản xuất và nhà bán lẻ nên suy nghĩ, đưa ra quyết định.
Gone are the days when consumers were kings with unrivalled dominion and unchallenged tastes
and preferences. Time has seen consumers willingly or otherwise lose such sovereign and indomitable power in
the marketplace and are now captive, on handcuffs of ruthless marketing tactics. Evidence witnessed that
consumers are often hoodwinked
Mattress market in China report by daxue consultingDaxue Consulting
China’s mattress market is still relatively early in its development. Perceptions regarding the importance of mattresses are evolving and the market concentration is relatively low, thus there leaving much room to grow. Yet there are a great number of leading global corporate organizations with significant long-term prospects in the market. With China’s growing awareness of the importance of mattresses, it provides a high potential for overseas brands to set up and expand their presence.
A comprehensive report on the mattress market is offered by daxue consulting - a strategic market research firm.
Marketers' guide to connected consumer journeys in Festive season 2021 by MMA...Social Samosa
MMA, GroupM, and Amazon Advertising have launched the ‘Decoding Consumer behavior and Winning the 2021 Festive season’ Playbook is a handbook for marketers on expected consumer sentiments along with recommended strategies for Diwali this year in 2021
The main Media Market Trends & News we would like to share with you in this issue are the following:
Brief TV Market overview
o Switching from analogue TV – influence & recommendations
o Online businesses booming on TV
Digital Market overview featuring recent changes and new Advertising possibilities
o Kantar TNS Ukraine released the results of Telegram audience research
o Instagram announced “Music in Stories” and will allow the publication of 60-minute videos
o Facebook may now ban you from advertising
OOH & Radio shown growth vs 2017
According to Zenith WW forecast Mobile internet to reach 28% of global media usage in 2020
mma warc report- mobile ecosystem and marketing in IndiaSocial Samosa
In collaboration with WARC, the MMA report highlights the mobile ecosystem in India with mobile marketing capabilities, growth in m-commerce and social marketing, and the impact of technologies such as AI, IoT, ML & voice on improving marketing efficiency.
GroupM Brand Safety Playbook For MarketersSocial Samosa
This brand safety report released by GroupM, WPP’s media investment group, offers new category-specific recommendations for marketers on the future of brand safety.
Retail Environment: US Retail Revolution
1. Retail Revolution Is Happening: Store Openings and Closures
2. All-Channel Universe Will Require Adaptation
Top 8 Global Retail Trends
1. Corporate Innovation Is the New R&D
2. Store as a Platform
3. Wellness as the New Luxury
4. Consumers Want to Be Part of a Community
5. Personalization and Customization
6. Resale Is Thriving While Retail Is Struggling
7. Demographics Suggest Opportunity in Plus-Size Apparel
8. Silver Economy: Aging Population Will Impact Retail
Millennials in Vietnam are changing consumer behavior and marketing strategies are needed to appeal to them. They shop differently than older consumers, focusing more on brand experience through personalization, convenience, health, and eco-friendliness. They also spend more on dining out and online. FMCG companies are adapting through digital advertising, apps, gamification, online promotions, and social media to engage millennials where they spend most of their time. To succeed, companies must offer personalized, convenient products and content while precisely targeting millennials on their preferred channels.
The Digital Future: a game plan for consumer packaged-goodsAidelisa Gutierrez
The CPG industry is fast approaching a tipping point;
companies need to plan for a “1-5-10” market in the U.S.
over the next five years. The experience of other sectors
demonstrates that early movers often establish tough-totrump
positions and advantages.
Our DIGITAL intelligence at L'OREAL's service_Connected Life 2014Karolina Gniewowska
The document discusses Connected Life 2014, a study by TNS that explores how technology is transforming consumers' lives across 50 markets globally. It provides insights into how the growing digital ecosystem is impacting media habits. The study segments digital consumers and answers key questions for marketers on digital's role in brand building, activation, awareness, and the media/purchase landscape. It discusses how L'Oreal uses findings to optimize its media planning, prioritize digital channels, increase ROI, tailor content, and target consumers more effectively.
Understanding Megatrends: Their Influence on Luxury Travel Business and Consu...Euromonitor International
Head of Luxury Good Research, Fflur Roberts, presented this session at the TTG Luxury Seminar in October 2017. This session gives an outline of the luxury travel industry and the eight focus megatrends impacting the industry before delving into how the experience more megatrend will shape the future of luxury travel.
Meaningful brands category insights sb content dec 30 1Sustainable Brands
Google is the top performing brand in the Information Technology and Communications (ITC) category according to an analysis of brand equity. The analysis evaluates perceived importance and performance of brands across marketplace, collective, and personal outcomes. While Google performs strongly in most areas, there is opportunity to improve performance on some collective dimensions and emotional/social personal attributes. The analysis provides insights on how Google and other top brands like Honda deliver meaningful contributions and relationships with consumers.
Coronavirus Effect of Chinese Consumer Behavior by daxue consultingDaxue Consulting
How the Coronavirus changes Chinese consumer behavior? We observed the Chinese consumer behavior during the Coronavirus and witnessed a radical shift from brick and mortar physical services towards online services in China. What did Chinese consumers buy the most during the epidemic? Where did Chinese consumers shop during the epidemic? How did Chinese consumers entertain themselves at home? Will the consumption boom after COVID-19?
A comprehensive report on the coronavirus effect of Chinese consumer behavior is offered by daxue consulting
Measuring Meaning: The Evolution of Brand Value and What to Do About ItSustainable Brands
These slides were presented at the Sustainable Brands London 2013 Conference, to view the associated video or listen to the audio of the presentation please visit http://www.sustainablebrands.com/digital_learning/brand_innovation/measuring-meaning-evolution-brand-value-what-do-about-it
ANALYSING ROLE OF SOCIAL MEDIA IN CONSUMER DECISION MAKING FOR PURCHASE OF AU...IAEME Publication
Changing market dynamics has led to Consumerization of Indian Automobile Industry posing innumerable challenges for the car manufacturers. The demand in the industry today is not just for a car as a product but a bundled “experience package.” Companies can respond to these challenges and create competitive differentiators by leveraging digital technology. In today’s world of digitization, social media provides a wide platform not only to companies for their marketing and promotional activities but also to customers to conduct information search and make purchase decisions. Over the years, the internet has become a major source of consumer sponsored communication floating information, feedback, ideas and sentiments faster than the corporate communication department. It influences different aspects of consumer behavior including awareness, information, acquisition, opinions, attitudes, purchase behavior and post-purchase communication and evaluation. Looking into the strategic role of social media in promotion of passenger cars in India, the paper tries to understand the changing consumer perception towards social media and its role in consumer decision making. At the same time it also empirically derives a consumer–centric methodology for social media marketing by car manufacturers in India.
Httpool Digital Audio Advertising Report 2021Social Samosa
Httpool announces the launch of the ‘Tune into ‘Digital Audio’ in 2021. The paper is aimed at brands and marketers to streamline and improve digital audio advertising planning for 2021.
This document summarizes a webinar on applying digitization to drive growth in the retail textile cleaning industry. The webinar discusses how digitization can be used to capture new customer groups through insights, e-commerce, and co-creation. Presenters discuss using digital marketing and new product development. Partners from Electrolux and GreenEarth also present on hygienic cleaning solutions and sustainable garment care practices. The webinar addresses how the industry can improve efficiency through tools like the OnE portal and reviews business models to provide more flexible, convenient services to attract customers.
Maria Fernanda
maria.fernanda@havasmedia.com
Thank you for your interest in Meaningful Brands. We look forward to discussing
how we can help your brand connect with consumers in a more meaningful way.
Samsung competition to Apple, Sony to NokiaSimplify360
The Consumer Electronics industry is highly dynamic and fast-changing, fueled by rapid innovations and technological changes. Market research shows that the top ten players contribute to approximately 52% of the total market size. The industry has seen the rise and fall of many companies.
This report is an analysis to understand where SONY stands compared to SAMSUNG and identify the trends between the two brands. The product categories which we will be looking at are smart-phones and tablets.
This document discusses General Motors and Ford's shift to social media advertising. It explores how the two automakers have embraced social media marketing through platforms like Facebook, YouTube, and Twitter. The document analyzes GM and Ford's presence on these platforms, including the number of likes and followers they have received. It also considers whether their social media efforts have had an impact on car sales. The document presents information from various sources on automakers' spending on digital versus traditional advertising.
The document provides an overview of innovation trends from June 2017. It examines key megatrends shaping the future like climate change, demographic shifts, urbanization, technology advances, and the changing global economic landscape. Consumer trends like AI assistants, wellness, personalized experiences, and sustainable consumption are also explored. Various industry trends in areas such as finance, insurance, automotive, and more are then outlined. The document aims to help readers understand innovation opportunities by looking at future forces and technologies that will drive business today.
This document discusses challenges and potential solutions regarding the fast fashion industry. It notes that fast fashion encourages high consumption, production and waste while also involving unethical labor conditions. It explores how trends may help reform the industry by increasing transparency, fairer prices and revising business models. Future business models discussed include life-cycle and incentive models to reduce waste and optimize resource usage. Increased traceability and transparency of supply chains is seen as key to propelling more conscious consumerism.
Mattress market in China report by daxue consultingDaxue Consulting
China’s mattress market is still relatively early in its development. Perceptions regarding the importance of mattresses are evolving and the market concentration is relatively low, thus there leaving much room to grow. Yet there are a great number of leading global corporate organizations with significant long-term prospects in the market. With China’s growing awareness of the importance of mattresses, it provides a high potential for overseas brands to set up and expand their presence.
A comprehensive report on the mattress market is offered by daxue consulting - a strategic market research firm.
Marketers' guide to connected consumer journeys in Festive season 2021 by MMA...Social Samosa
MMA, GroupM, and Amazon Advertising have launched the ‘Decoding Consumer behavior and Winning the 2021 Festive season’ Playbook is a handbook for marketers on expected consumer sentiments along with recommended strategies for Diwali this year in 2021
The main Media Market Trends & News we would like to share with you in this issue are the following:
Brief TV Market overview
o Switching from analogue TV – influence & recommendations
o Online businesses booming on TV
Digital Market overview featuring recent changes and new Advertising possibilities
o Kantar TNS Ukraine released the results of Telegram audience research
o Instagram announced “Music in Stories” and will allow the publication of 60-minute videos
o Facebook may now ban you from advertising
OOH & Radio shown growth vs 2017
According to Zenith WW forecast Mobile internet to reach 28% of global media usage in 2020
mma warc report- mobile ecosystem and marketing in IndiaSocial Samosa
In collaboration with WARC, the MMA report highlights the mobile ecosystem in India with mobile marketing capabilities, growth in m-commerce and social marketing, and the impact of technologies such as AI, IoT, ML & voice on improving marketing efficiency.
GroupM Brand Safety Playbook For MarketersSocial Samosa
This brand safety report released by GroupM, WPP’s media investment group, offers new category-specific recommendations for marketers on the future of brand safety.
Retail Environment: US Retail Revolution
1. Retail Revolution Is Happening: Store Openings and Closures
2. All-Channel Universe Will Require Adaptation
Top 8 Global Retail Trends
1. Corporate Innovation Is the New R&D
2. Store as a Platform
3. Wellness as the New Luxury
4. Consumers Want to Be Part of a Community
5. Personalization and Customization
6. Resale Is Thriving While Retail Is Struggling
7. Demographics Suggest Opportunity in Plus-Size Apparel
8. Silver Economy: Aging Population Will Impact Retail
Millennials in Vietnam are changing consumer behavior and marketing strategies are needed to appeal to them. They shop differently than older consumers, focusing more on brand experience through personalization, convenience, health, and eco-friendliness. They also spend more on dining out and online. FMCG companies are adapting through digital advertising, apps, gamification, online promotions, and social media to engage millennials where they spend most of their time. To succeed, companies must offer personalized, convenient products and content while precisely targeting millennials on their preferred channels.
The Digital Future: a game plan for consumer packaged-goodsAidelisa Gutierrez
The CPG industry is fast approaching a tipping point;
companies need to plan for a “1-5-10” market in the U.S.
over the next five years. The experience of other sectors
demonstrates that early movers often establish tough-totrump
positions and advantages.
Our DIGITAL intelligence at L'OREAL's service_Connected Life 2014Karolina Gniewowska
The document discusses Connected Life 2014, a study by TNS that explores how technology is transforming consumers' lives across 50 markets globally. It provides insights into how the growing digital ecosystem is impacting media habits. The study segments digital consumers and answers key questions for marketers on digital's role in brand building, activation, awareness, and the media/purchase landscape. It discusses how L'Oreal uses findings to optimize its media planning, prioritize digital channels, increase ROI, tailor content, and target consumers more effectively.
Understanding Megatrends: Their Influence on Luxury Travel Business and Consu...Euromonitor International
Head of Luxury Good Research, Fflur Roberts, presented this session at the TTG Luxury Seminar in October 2017. This session gives an outline of the luxury travel industry and the eight focus megatrends impacting the industry before delving into how the experience more megatrend will shape the future of luxury travel.
Meaningful brands category insights sb content dec 30 1Sustainable Brands
Google is the top performing brand in the Information Technology and Communications (ITC) category according to an analysis of brand equity. The analysis evaluates perceived importance and performance of brands across marketplace, collective, and personal outcomes. While Google performs strongly in most areas, there is opportunity to improve performance on some collective dimensions and emotional/social personal attributes. The analysis provides insights on how Google and other top brands like Honda deliver meaningful contributions and relationships with consumers.
Coronavirus Effect of Chinese Consumer Behavior by daxue consultingDaxue Consulting
How the Coronavirus changes Chinese consumer behavior? We observed the Chinese consumer behavior during the Coronavirus and witnessed a radical shift from brick and mortar physical services towards online services in China. What did Chinese consumers buy the most during the epidemic? Where did Chinese consumers shop during the epidemic? How did Chinese consumers entertain themselves at home? Will the consumption boom after COVID-19?
A comprehensive report on the coronavirus effect of Chinese consumer behavior is offered by daxue consulting
Measuring Meaning: The Evolution of Brand Value and What to Do About ItSustainable Brands
These slides were presented at the Sustainable Brands London 2013 Conference, to view the associated video or listen to the audio of the presentation please visit http://www.sustainablebrands.com/digital_learning/brand_innovation/measuring-meaning-evolution-brand-value-what-do-about-it
ANALYSING ROLE OF SOCIAL MEDIA IN CONSUMER DECISION MAKING FOR PURCHASE OF AU...IAEME Publication
Changing market dynamics has led to Consumerization of Indian Automobile Industry posing innumerable challenges for the car manufacturers. The demand in the industry today is not just for a car as a product but a bundled “experience package.” Companies can respond to these challenges and create competitive differentiators by leveraging digital technology. In today’s world of digitization, social media provides a wide platform not only to companies for their marketing and promotional activities but also to customers to conduct information search and make purchase decisions. Over the years, the internet has become a major source of consumer sponsored communication floating information, feedback, ideas and sentiments faster than the corporate communication department. It influences different aspects of consumer behavior including awareness, information, acquisition, opinions, attitudes, purchase behavior and post-purchase communication and evaluation. Looking into the strategic role of social media in promotion of passenger cars in India, the paper tries to understand the changing consumer perception towards social media and its role in consumer decision making. At the same time it also empirically derives a consumer–centric methodology for social media marketing by car manufacturers in India.
Httpool Digital Audio Advertising Report 2021Social Samosa
Httpool announces the launch of the ‘Tune into ‘Digital Audio’ in 2021. The paper is aimed at brands and marketers to streamline and improve digital audio advertising planning for 2021.
This document summarizes a webinar on applying digitization to drive growth in the retail textile cleaning industry. The webinar discusses how digitization can be used to capture new customer groups through insights, e-commerce, and co-creation. Presenters discuss using digital marketing and new product development. Partners from Electrolux and GreenEarth also present on hygienic cleaning solutions and sustainable garment care practices. The webinar addresses how the industry can improve efficiency through tools like the OnE portal and reviews business models to provide more flexible, convenient services to attract customers.
Maria Fernanda
maria.fernanda@havasmedia.com
Thank you for your interest in Meaningful Brands. We look forward to discussing
how we can help your brand connect with consumers in a more meaningful way.
Samsung competition to Apple, Sony to NokiaSimplify360
The Consumer Electronics industry is highly dynamic and fast-changing, fueled by rapid innovations and technological changes. Market research shows that the top ten players contribute to approximately 52% of the total market size. The industry has seen the rise and fall of many companies.
This report is an analysis to understand where SONY stands compared to SAMSUNG and identify the trends between the two brands. The product categories which we will be looking at are smart-phones and tablets.
This document discusses General Motors and Ford's shift to social media advertising. It explores how the two automakers have embraced social media marketing through platforms like Facebook, YouTube, and Twitter. The document analyzes GM and Ford's presence on these platforms, including the number of likes and followers they have received. It also considers whether their social media efforts have had an impact on car sales. The document presents information from various sources on automakers' spending on digital versus traditional advertising.
The document provides an overview of innovation trends from June 2017. It examines key megatrends shaping the future like climate change, demographic shifts, urbanization, technology advances, and the changing global economic landscape. Consumer trends like AI assistants, wellness, personalized experiences, and sustainable consumption are also explored. Various industry trends in areas such as finance, insurance, automotive, and more are then outlined. The document aims to help readers understand innovation opportunities by looking at future forces and technologies that will drive business today.
This document discusses challenges and potential solutions regarding the fast fashion industry. It notes that fast fashion encourages high consumption, production and waste while also involving unethical labor conditions. It explores how trends may help reform the industry by increasing transparency, fairer prices and revising business models. Future business models discussed include life-cycle and incentive models to reduce waste and optimize resource usage. Increased traceability and transparency of supply chains is seen as key to propelling more conscious consumerism.
Do Social Media Impact Consumer Buying Decisions in the Fashion Industry duri...Dr. Amarjeet Singh
Impact on consumer shopping behavior ramped up despite the fluctuations in the pandemic and lockdown in the past year due to of the social media. Because the advent of social media has changed the globe and the whole way it operates, putting the society and its peoples closer together even as a means of boosting customer assets through powerful communication during this challenging period. The purpose of this study is to define the characteristics of social media marketing factors and to examine the impact of those perceived factors upon customer purchasing decisions, given the immense concern in using social media marketing among fashion brands during the period of covid-19 pandemic. This research primarily fixated on five variables in social media, such as entertainment, interactions, trendiness, customization and word of mouth effect on the consumer purchasing decisions. A deductive methodology was taken, and 100 questionnaires, via the Google online form, were circulated to gather data. For data interpretation using SPSS, descriptive and inferential statistics were used such as mean value, standard deviation and correlation and regression analysis. The study of the data shows that social media-marketing factors like entertainment, communications, trends, customizing and word of mouth influence customer buying decisions, and that these factors have a positive relation with consumer purchase decisions. These results also revealed that women and individuals aged twenty-five to thirty-four years of age are more inclined to buy fashion-related products during this pandemic situation and suggested to develop marketing tools targeted at this particular category. Further, the results of this study will help fashion companies more specifically forecast the purchasing habits of their customers and control their investments and marketing efforts in this challenging period.
A general report that looks at the communication and marketing trends happening in the market. Report covers both technology factors and consumer trends, and how these two areas are converging like never before.
Technology Trends Revolutionizing The Fashion Industry In 2022.docxSameerShaik43
The fashion industry is currently one of the largest industries in the globe. Projections suggest the fashion apparel industry will reach a whopping valuation of $3.3 trillion by 2030. Hence, the way the fashion industry operates today shows a day and night difference from what the industry was two decades ago.
https://www.tycoonstory.com/technology/technology-trends-revolutionizing-the-fashion-industry-in-2022/
The Flux Paradox - Branding at the Speed of ChangeYoung & Rubicam
Insights on how brands can build loyalty at the speed of change - By Matt Godfrey, President of Y&R Asia.
The erosion of consumer loyalty, or 'The Flux Paradox', is being driven by rapid product innovation. This dwindling brand loyalty, in Asia at least, is borne out by Y&R’s own proprietary research ‘Generation Asia’; a survey conducted by Y&R Advertising and VML, of 34,000 people across 10 countries.
TrendsSpotting's 2010 Consumer Trends Influencers: Predictions in 140 CharactersTaly Weiss
"2010 Consumer Trends Influencers" is the second report from the series "2010 Influencers Series: Trend Predictions in 140 Characters".
TrendsSpotting Market Research is now running its third annual prediction reports following major trends in six categories. We will be featuring the predictions of digital and marketing experts on the big changes awaiting us in the coming year.
This year we are adopting a new “tweet style” format, easier for you to focus on, comprehend and forward.
The document summarizes five trends that will impact the fashion industry in 2023:
1. Push for Progress - Consumers and regulators will demand more proactive and regenerative products and practices that improve the environment and promote social justice. Brands will need to collaborate across their supply chains.
2. Embracing Frugality - Consumers will focus on buying fewer but longer-lasting products to save costs and reduce waste as financial insecurity rises. This will put pressure on sales volumes.
3. Mastering Wellbeing - Brands will need to expand into new wellness-focused categories to meet growing demand for products that improve mental and physical health.
4. Tech-ceptance
This document discusses how digital transformation trends are impacting the beauty industry. It outlines 6 major tech trends reshaping society, including people connecting on social media and the internet from any device at any time. This "anytime, anywhere" connectivity allows beauty trends to globalize and gives rise to smart beauty devices and 3D printing of cosmetics. Technologies like augmented reality and artificial intelligence will also become more common, changing how consumers shop for and apply makeup through personalized services. The document argues the beauty industry must innovate and embrace these digital trends to improve customers' experiences.
This document provides a final project paper analyzing the digital strategy of Procter & Gamble's Fabric & Home Care brand in China. It discusses P&G's current market position and strategies, as well as trends affecting demand. It argues that P&G needs to adapt to the digital platform business model to generate customer data and retain market share against new competitors. Specifically, it recommends that P&G create its own marketplace platform to connect customers, stores and suppliers, and develop smart home devices to increase convenience. This could help P&G better understand customer needs while streamlining operations.
What’s trending in 2015 for wearables, virtual reality, consumer technology adoption? Find out (and more!) in GSW’s third report of their 4-part annual trends series: Digital Trends. With a unique perspective on behavioral trends at the cross section of digital + health, the report outlines the top eight trends expected to change the landscape in 2015.
We as marketers today face the most disorienting landscape in the history of our craft. Web 2.0 and the forces of social media have completely transformed how people interact with our brands and with each other, effectively changing "the rules.”
How do we keep track of what's trending?
The document discusses the evolution of digital technology and its impact on our lives and marketing. Some key points include:
- The internet has grown dramatically in the last 10 years, with over 55% of the world's population now online. Mobile internet usage accounts for 50% of total usage.
- Devices people use to access the internet have shifted heavily to mobile phones over laptops and desktops. 65% of internet access is now through mobile phones.
- How people search for products has changed significantly, with most consumers beginning searches online rather than in physical stores. Social media recommendations also influence over 75% of younger consumers.
- E-commerce has grown enormously, now representing over 16% of total retail spending globally
The document discusses how the digital economy is growing exponentially due to increasing mobile connectivity, social media usage, and data availability. It notes that digital technologies are being adopted faster than ever, with each new technology reaching 1 billion users in less time than the previous. The digital economy is transforming the insurance industry in India. By 2020, it is estimated that three out of four insurance policies in India will be influenced by digital channels like online purchasing. The document argues that Indian insurers need to act now to capitalize on the opportunities of the digital economy by setting digital goals, adapting business models and capabilities, and accelerating existing digital initiatives.
The document discusses how the digital economy is growing exponentially due to increasing mobile connectivity, social media usage, and data availability. It notes that digital technologies are being adopted faster than ever, with each new technology reaching 1 billion users in less time than the previous. The digital economy is transforming the insurance industry in India. By 2020, it is estimated that three out of four insurance policies in India will be influenced by digital channels like online purchasing. The document argues that Indian insurers need to act now to capitalize on the opportunities of the digital economy by setting digital goals, adapting business models and capabilities, and accelerating existing digital initiatives.
The document discusses how digital is transforming the insurance industry globally and in India. It notes that:
- Digital is growing exponentially worldwide, driven by increased mobile usage, social media engagement, and big data capabilities.
- This digital transformation will significantly impact the insurance industry, both positively as an opportunity and negatively as a threat if insurers do not adapt.
- In India specifically, digital influence on insurance is already substantial and expected to grow further, with three out of four insurance policies influenced by digital by 2020. Indian insurers must act now to address this digital disruption.
Similar to WGSNFutures.com: Vision 2030 White Paper (20)
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1. the Vision 2030
How technology will drive a more
successful and sustainable creative industry
WGSN futures presents
2. Communications are instant and constant, designers are
burning out and retailers are stuck in a cycle constantly
dropping new stock then dropping prices just weeks later.
Nowhere in the creative industries is the pressure to deliver
felt more keenly than in fashion.
Add to this heady mix a predicted boom in the world’s
population (predicted to hit 8.3bn by 2030 from 6bn today),
who will all need to be clothed, and it becomes clear that
fashion needs to find a new way of structuring itself and its
supply chain to sustainably serve the customer of the future
and ensure a successful future for the businesses which
serve it.
It’s not just a case of fashion structuring itself to meet the
physical demands of new consumers but the ethical demands
too. Amid the booming population there is a growing group of
“aspirational” consumers who are concerned about the social
and environmental impact of their purchases.
More than half (55%) of online consumers across 60
countries say they are willing to pay more for products and
services provided by companies that are committed to positive
social and environmental impact, says Nielsen (Global Survey
on Corporate Social Reponsibility 2014).
Interestingly the propensity to buy from socially responsible
brands is strongest in what has become fashion’s
manufacturing hot-bed of Asia-Pacific (64%), closely followed
by Latin America (63%) with the West lagging behind.
Moreover the growing middle class in the East, which
demands more from brands than just a good product at a
good price, is expected to be one of the most consumer
influential voices in the coming years. In China 1bn will be
classified as middle class by 2030, while in India 50 million
will fall into this bracket. Their wants and needs, and indeed
those of the post-Millennial Gen Z-ers (today’s teens whose
altruism has also led to them being dubbed “Generation
Nice”) are expected to be key market drivers.
“How about the insanity
of a business model
that chooses to put out
monthly collections
and then monthly 70%
off sales? What other
industry is doing that?”
So, where does the answer lie? Recycling more product,
producing fewer clothes, producing clothes nearer to the point
of sale? All of those things will play a part but the one thing
that will transform fashion from how it is designed, made and
governed to how it is communicated and sold, is technology.
Yes, the very thing has helped speed the industry up to its
current break-neck speed, holds the answer to restructuring
the industry for a more sustainable and successful future.
Lauretta Roberts
Director, WGSN Futures
Adam Derry, creative director of Ekocycle for
Will.i.am and the Coca-Cola Company.
EXECUTIVE SUMMARY
1
3. There is growing evidence that consumers, who have in the
past been largely ambivalent, are becoming increasingly
interested in how their clothing is sourced and manufactured
and where. Fashion is no longer just seen as a form of self-
expression in terms of personal style but also in terms of
personal values.
According to Nielsen, 2.5 billion “aspirational” consumers are
becoming increasingly interested in, and making decisions
based on, the environmental and social impact of their
purchases. But this move isn’t about altruism, it’s about
consumers making choices that represent who they are and
what they believe in.
Fifty-five percent of global online consumers across 60
countries say they are willing to pay more for products and
services provided by companies that are committed to positive
social and environmental impact.
The propensity to buy socially responsible brands is strongest
in Asia-Pacific (64%), Latin America (63%) and Middle East/
Africa (63%). The numbers for North America and Europe
are 42% and 40% respectively, according to Nielsen’s Global
Survey on Corporate Social Responsibility 2014.
In addition, the rising global middle class will increase the rate
at which resources are being consumed, affecting the fashion
industry as a whole, says EY (Ernst & Young).
EY predicts the GDP of emerging markets will overtake that
of developed economies by 2020, with the middle class
adding more than 1 billion consumers worldwide.
Since 1995, the remarkable growth of the emerging market
economies has brought millions out of poverty, but has put far
fewer people into the “global middle class”.
A significant proportion of the new Asian middle class are
also expected to be at the upper end of the income bracket,
with impressive spending power. Large populations and rapid
economic growth mean China and India will become the
powerhouses of middle class consumerism over the next two
decades.
By 2030 around one billion people in China could be middle
class — as much as 70% of its projected population. India’s
global middle class, meanwhile, at around 50 million people,
or 5% of the population, is much smaller. This is expected to
grow steadily over the next decade, reaching 200 million by
2020.
But while there is growing demand for businesses to place
at least equal weight on society’s interests as they do on
business interests (indeed 87% believe this, according to
Edelman’s goodpurpose® report 2014), less than a third of
people believe businesses are performing well in this area.
Country No. of middle class in 2030 % of population
China
India
1 billion
50 million
70%
5%
The increasing Asian middle class
Source: Ernst & Young
CONSUMER DRIVERS
2
4. Why this increase in awareness of the need for societal
change? Again much of it can be attributed to technology.
For not only is technology enabling more efficient production
and design methods but it is also improving communication of
and promotion of such issues. Danielle L Vermeer, who is the
architect of Reclaimed, an initiative that upcycles garments,
and The Give, a monthly curated list of social impact jobs has
cited on her website 5 ways that technology can promote
sustainable fashion. They are:
Educating consumers: Technology can raise awareness
about the global fashion industry by sharing producers’ stories
with consumers.
Empower consumers: Technology can empower consumers
to make educated, conscious decisions about their purchases
and to communicate their support or dissatisfaction with
companies.
Fostering connections: Technology can more directly
connect the producers and consumers of fashion.
Promote transparency in supply chains: Technology can
collect, track, and aggregate data from global supply chains
to promote transparency and accountability in supply chains
(see Labor Link and Tradegood case studies).
Reduce waste: Crowdsourcing technology can collect
data on which styles are most in demand before items
are produced, thereby reducing waste from unwanted and
unused garments. (WGSN has recently launched its very own
crowdsourcing service to help brands validate design and
buying decisions, called StyleTrial).
www.daniellelvermeer.com
TECHNOLOGY ENABLERS
Technology helps promoting
sustainable fashion
3
5. CASE STUDY: LABOR LINK
Labor Link, a non-profit social enterprise, leverages the
rapid spread of mobile phones to establish an anonymous
two-way communication channel for workers to report on
true conditions with no fear of retaliation, and for
companies to receive real-time data directly from workers
365 days a year.
A few global brands, such as M&S and Patagonia, have
begun to use this in their business.
So far 342,638 workers have been reached in 16 countries.
There is no cost to the worker for using the technology
and for a minimal sum for brands and suppliers to receive
summary data.
Partners (the brand/supplier) sets 12 questions it would like
to know about its suppliers and workers, by calling a local
telephone number, answer the questions using their mobile
phone keypad.
CASE STUDY: TRADEGOOD
Tradegood is a global sourcing community for responsible
buyers and trusted suppliers to get connected and get to
know their supply chains. They connect compatible people,
bridging the gap between buyers and suppliers to maximize
supply chain visibility and minimize reputation risks. They
help build and maintain deeper, lasting partnerships.
Tradegood creates buyer and supplier confidence through
qualification and verification, and by simply getting to
know each other better. They deliver low-cost, high-
value solutions that provide better insight, transparency,
verification and accountability. And better lives for people
on both sides of the chain.
6. The potential for technology to enhance garment production
is enormous. Already in sports and activewear technology
has made a huge impact to the point that it has been claimed
that wearing certain technologically enhanced garments
can unfairly enhance an athlete’s performance in much the
same way as taking performance enhancing drugs. Speedo’s
Fastskin swimsuit, for instance, which first appeared at the
Sydney Olympics in 2000, was eventually banned in 2009 for
giving its wearers an unfair advantage.
But outside of the realms of “wearable tech” which is a sector
exploding with potential, technology can and does present
significant opportunities for creating a more sustainable
supply chain and even in improving the quality of the air we
breathe.
In a recent project Dutch design visionary Daan Roosegaarde
collected pollution from a public park in Beijing. He then
compressed it into “smog stones” which were incorporated
Technology helps produce
sustainable fashion
into jewellery that would help suck up the city’s pollution
and clean the air. It’s a niche case, and in terms of Beijing’s
mammoth pollution problem, a drop in the ocean, but it shows
what is possible.
And it’s not just the air that technology is helping to clean up
but the water too. It is estimated that between 17% to 20%
of industrial water pollution comes from textile dyeing and
treatment, according to AirDye. To help alleviate this AirDye
has patented a range of water-free printers that use 90%
less water and cut emissions and energy use by 85% when
compared to traditional print and dye methods.
AirDye uses all synthetic fibres for its materials, which can be
made from recycled PET bottles, that eliminate the need for
extreme heat in the drying process and the need for a further
post-dyeing rinsing and dry cycle, which traditional methods
require. For another example of putting plastic bottles to good
use, see EKOCYCLE case study below.
CASE STUDY: EKOCYCLE
Music and tech visionary Will.i.am has teamed up
with the Coca-Cola Company to create EKOCYCLE,
which is an initiative to inspire brands to create new
things made in part at least from recycled materials
– in some cases that means used Coke bottles – and
to make sustainable living “cool”.
Brands such as MCM, Globetrotter, ECOALF and
Keds have joined the initiative and the products are
sold at Harrods (instore and online).
Creative director Adam Derry says fashion needs to
slow down and stop devaluing itself with constant
discounting. “How about the insanity of a business
model that chooses to put out monthly collections
and then monthly 70% off sales. What other
industry is doing that? You don’t see agriculture
doing that, they don’t do this on a monthly basis
where they intentionally go out there to devalue
their own product, right before the eyes of the same
consumers who are then going to be asked to pay
that full price,” he says.
“It’s a really
interesting time and
certain spaces in the
luxury market, you
can feel the pace of it
being more slow and
methodical, but still in
a fast market.”
“There is an ebb and flow to the current. In my
perfect world we would see this slow down. To
be able to design and showcase with intent and
purpose, not because it’s going 100 miles an hour,
but because it’s going 15 miles an hour. It’s a really
interesting time and in certain spaces in the luxury
market, you can feel the pace of it being more slow
and methodical, but still in a fast market.”
7. One of the most exciting potential new ways of producing
apparel is, of course, 3D printing. 3D printers are capable
of fabricating anything from toys to body parts to entire
houses. More common 3D printing techniques use PLA, a
biodegradable plastic, to build each item layer by layer with a
technique called “additive manufacturing”.
Traditionally, when we have thought about sustainable
fashion, we think of organic or recyclable materials,
conscientious shipping, fair wages for those making the
clothes, etc. And these are all important, noble pursuits, but
a powerful 3D printer and an innovative mind could change
all that. Designers have begun experimenting with 3D printed
pieces of clothing and in doing so are exploring a new
philosophy of sustainable fashion.
As it stands, the fashion industry is the third largest consumer
of water, coming in just behind the likes of big oil and
corporate paper producers. This is due to unsustainable
cotton farming practices and constant irrigation requirements
which are a serious, ongoing environmental threat and
incredibly damaging.
The problem is compounded by the fact that production of
clothing operates as a perpetual consumer machine; trends
rise, shift, then tumble, amassing waste and ensuring endless
demand for new product. The monetary and environmental
cost of sourcing, manufacturing, and shipping textiles is
staggering and, as people are beginning to realise, entirely
unsustainable.
3D printing inherently eliminates waste. Items are created
one layer at a time with extreme specificity. Fabric for clothing
doesn’t need to be rolled out by the metre, then cut and
stitched; instead it’s printed and ready to wear.
PLA is also reusable; it can be melted down and recycled as
the user sees fits. It’s hard not to imagine the implications.
Clothing made and re-made to match current trends with
zero waste. A material that is endlessly renewable with
the potential to eventually negate the endless demand for
ecologically damaging textile production.
3D printing – packed with potential
However a major concern with 3D printing is the vast amount
of energy it takes to keep plastic heated and malleable
at high temperatures. It is noted though, that by using
other materials like wood composite, power usage can be
drastically decreased potentially making this type of printing
“greener than any other type of manufacturing”.
But the biggest drawback for now is material. Without a
way to mimic the feel and durability of natural fibres, things
perhaps don’t look great for 3D printing of fashion. No one is
going to wear plastic clothes, especially if they cost $10,000
to create. But new breakthroughs in filament material
could help us shift what is now extreme haute couture into
something more accessible.
You do have to approach this with an open mind. At this
stage, 3D printed fashion would best be described as an
“evolving” medium.
6
8. 1/ Smaller carbon footprint
3D printing allows much of the trial and error in
product design to be worked out digitally before
making the first sample. Deciding on the materials to
be used ahead of time saves on samples. If you are
a designer with your own 3D printer, producing your
sample can be as hyper-local as your own studio.
2/ No production wastage
This eliminates the cost and wastage of excess
production to meet factory minimums. It also saves
the space and storage needed to handle extra
inventory or returned items that customers do not fit.
3D-manufactured products only use the materials
required for the product itself. This eliminates the
yardage of cut fabrics or excess materials purchases.
3/ Recycled materials can be used
Materials currently being used for 3D-printed fashion
include everything from nylon filaments, plastics,
metal and silk. There are already companies like
EKOCYCLE (see p5) who are marketing the Cube
3-D printer intended for home users. Its cartridges
use filament processed from discarded plastic bottles.
You can also make your own supplies with recycled
materials. Michigan Technological University found
that you can make your own printing filament from
plastic milk bottles. They realized that the DIY
process for this also used less energy than traditional
recycling methods. Companies like Shapeway’s
offer metal choices like bronze and silver for their
designers. Services that recycle and reuse metal
products for 3D casting should soon be a
popular option.
5 ways in which 3D printing is making
fashion more sustainable.
4/ Biodegradable materials
Bio plastics is a category of materials that is
gaining momentum. There are several sources
online that instruct developers on how make their
own biodegradable supplies for production. The
Shapeways blog has instructions online on how
to “cook” your own bio plastics from a mixture of
starch, glycerine, vinegar and water. While it might
be difficult to sell the idea of starch-based jewellery
or clothing to fashion fans, there might be promising
ideas in adapting this for beauty companies making
3D printed cosmetics.
5/ Extending the life of existing products
The ability to print your own replacement buttons,
manufacture an extra shoe heel or add more charms
to jewellery is an opportunity for a new segment in
the 3D-printed fashion market.
Local printing companies can work with customers to
create pieces that extend the life of existing wardrobe
pieces by upcycling them with new embellishments or
recreating missing parts.
Canadian company Alleles developed a stylish
prosthetic limb from a 3D printed process to
accessorize the fashion collection of designer label
Vawk for their Autumn 2014 collection. This not
only served a functional purpose, but offered a
fashionable one for a customer to complement
her wardrobe.
Source: Ecosalon, Marina Leung, November 2014
www.ecosalon.com
7
9. The fashion industry is heavily reliant on “natural capital”,
and the production of products involves high levels of GHG
(greenhouse gas) emissions, large quantities of land use,
waste and water. Reusing plastic bottles and employing 3D
printing are far from the only ways of tackling the problem.
There are many other technological solutions which aim
to transform the supply chain to a “closed loop” process –
turning waste material into new products and reducing the
materials needed.
ENVIRONMENT IMPERATIVES
CASE STUDY: NOVOZYMES
Through enzymatic innovation Novozymes has
introduced alternative processes to the textile industry
that greatly reduce the water consumption and
contamination of plant operations. Textile operations
traditionally have a large environmental footprint,
and new legislation is calling for reform. Novozymes
enzymatic innovation offers solutions that could have
long-lasting impact.
China is one of the world’s largest textile producing
countries, contributing a sizable portion of the
estimated 9 million tons of knitwear manufactured
globally every year. With the production of 1 ton of
cotton knitwear consuming what corresponds to the
daily water usage of 600–700 urban Chinese people,
the Chinese government recently intervened in an
attempt to improve this use of resources.
As of 2011, new legislation caps the maximum
water consumption by textile plants at 100 tons of
fresh water per ton of cotton knitwear. A life cycle
assessment (LCA) reveals that enzymes can help
manufacturers to overcome this challenge.
Waste materials and food products
will create new materials
It’s likely that you’re wearing cotton or polyester, two of
the fashion industry’s most popular fibres. Cotton depends
on large amounts of water to grow, and polyester depends
on now-declining reserves of oil and gas. The idea behind
sustainable materials is that they are less damaging to the
environment to produce, consuming fewer natural resources
and creating less pollution.
Pinatex ™ - is produced from the fibres of pineapple leaves.
Piñatex™ involves a patented technology that protects
both the process and the finished material. While the initial
development work leading to Piñatex™ originated in the
Philippines, research & development is now being undertaken
Enzyme-based dyes will improve
energy efficiency and radically change
the way our clothes are dyed
Enzymes are proteins with highly specialised catalytic
functions, produced by all living organisms. The use of them
in the fashion industry can replace chemicals that involve
a high level of toxins as well as making production more
environmentally friendly. Enzymes are able to remove stains
from fabrics, meaning the clothing can be washed at lower
temperatures, saving energy and replacing chlorine bleach.
Enzymes are biodegradable.
between the UK and Spain. This is specifically to enhance
the finishing technology. Piñatex can be used as a leather
alternative or textile in the fashion, accessory and upholstery
markets.
QMilch - using Milk to make an eco-milk fibre. Qmilch is
a company based in Germany that produces a silky fabric
woven from the protein fibres in milk. Qmilch uses half a
gallon of water for 2 pounds of fabric, whereas cotton uses
10,000 litres for that same amount.
Virus base layer garments - using recycled coffee beans
for stay warm line of clothing.
10. CASE STUDY: WORN AGAIN
Worn Again began making footwear from recycled
materials in 2005. It then moved on into the
“upcycling” of corporate textiles, turning waste
materials like end of use uniforms into desirable
products such as hand bags from Virgin Atlantic
airline seat covers and train manager’s bags for
Eurostar’s staff.
According to founder Cyndi Rhoades, it became
clear there was a better way to design out textile
waste and design in “closed loop” solutions. The
team is currently engaged in full time development
of a circular recycling technology for the textile
and clothing industry, working closely with its
development partners, H&M and Puma (part of the
Kering Group).
“We started out back in 2004-2005 with a vision to
eradicate textile waste which over time, the vision
hasn’t changed but how we’re getting there has. It’s
been an evolution with existing textiles and making
them into new products to sell on was only a plaster,
it extended the life time, but as a business model
it’s not practical or economical. If you make a new
handbag out of existing products as opposed to
virgin material, it’s a lot more difficult and a lot more
costly,” she explains.
This realisation led Worn Again to the idea of a
technology that could recycle at a fibre level and they
realised it was about creating a technology that was
able to go back to its raw material to restore is back
to the virgin equivalent of that material.
Rhoades believes this is necessary given the pressure
on cotton production in the future. “I don’t think
cotton will be obsolete, but I can see it becoming
a luxury item. There are so many issues around
population growth etc. In the future we won’t have
the capacity to produce cotton and food at the going
rates. Our vision for the future would be to recycle
everything that already exists into new clothing so we
don’t need to generate any more waste.”
Old clothes will become new clothes
as we “close the loop”
Reusing old textiles creating a closed loop supply cycle will
become the norm in the future. This will help replace the use
of materials derived from non-renewable resources. There are
a number of initiatives that look to address this issue, such
as Worn Again, which began as an upcycling solution and
is now focused on the development of a “circular recycling
technology” for textiles and clothing.
We will waste less
as clothes repair themselves
Scientists have developed Safe@sea, waterproof work-wear
made from self-repairing textiles. This increases durability and
helps to reduce the waste after consumption.
“I don’t think cotton will
be obsolete, but I can see
it becoming a luxury item.
There are so many issues
around population growth
etc. In the future we won’t
have the capacity to produce
cotton and food at the
going rates.”
9
11. Financial Forces
Rising resource costs mean
changing business practises
Consumer sentiment and pressure on the world’s resources
are compelling enough reasons in and of themselves to drive
businesses to innovate in this area, but perhaps the most
compelling of all is the realisation that it makes good business
sense to do so.
Many of the materials the fashion industry depends on to
produce clothes will become scarcer and more expensive
as the impact of climate change are felt around the world.
Agriculture is extremely vulnerable to climate change; higher
temperatures and reduced water availability will eventually
reduce crop yields and increase the prevalence of pests and
disease. This will have significant impacts on the production
and costs of cotton, for example, which while resilient to
temperature changes is very sensitive to water availability.
Other natural materials like wool are also expected to be
impacted with key producers like Australia expected to have
to make changes both to overall productivity and quality.
Rising temperatures may mean a reduction in demand for
wool clothes, however it is clear that to ensure their financial
sustainability, forward-looking brands will have to work out
how to depend less on natural inputs or do more with less.
Sustainability means efficiency
Becoming a sustainability leader requires big changes, but the
effort is worth it— in both environmental and economic terms.
According to a 2014 McKinsey report, Profits with Purpose:
How organizing for sustainability can benefit the bottom line,
almost half the 3,344 businesses (44%) surveyed for the
report cited business and growth opportunities as a reason to
get started on sustainability with energy, water and waste the
key focus. 97% of participants were taking action on energy
efficiency, 91% on waste and 85% on water.
Non-profit organisation CDP released a report in 2014 stating
that S&P 500 companies (Standard & Poor’s index of some
of the large US-listed companies) that build sustainability
into their core strategies are outperforming those that fail to
show leadership. Specifically, corporations that are actively
managing and planning for climate change secure an 18%
higher return on investment (ROI) than companies that aren’t
– and 67% higher than companies who refuse to disclose
their emissions.
Innovations in the supply chain will reduce production,
manufacturing and transport costs, making a stronger
business case for sustainability in the fashion industry. From
there companies can see opportunities to minimize costs in
a sustainable way. Improving awareness will indirectly link to
financial benefits. Furthermore it’s also a good marketing/
brand story.
Some luxury brands are investing in order to change an
agenda hitherto set by mass producers. Sustainability, which
was once seen as a supply chain problem is now seen as
a design opportunity and a means by which brands can
distinguish themselves in a packed market. Having ideas is
one thing, but proving you have values is quite another and
one that is more likely to resonate with the customer of
the future.
Sustainability is becoming sexy
10
12. CASE STUDY: Avery Dennison
RBIS & Christopher Raeburn
Avery Dennison RBIS (the retail branding and
information solutions arm of AD) has been
collaborating with designer Christopher Raeburn for
four seasons. At London Fashion Week in September
2015, they worked together on a collection featuring
innovative and sustainable embellishments and
branding solutions. The SARAWAK collection for
SS16 featured flock designs that were heat applied
and the entire collection incorporated high-definition
woven labels made from recycled yarns.
RBIS worked with Raeburn to develop the collection
from moodboard to design. “We’re developing
completely new things we wouldn’t normally have
done before from high-definition woven labels to
different heat press techniques to core branding
solutions, looking at every stage of sustainability,”
said Raeburn of the collaboration.
As part of its 2025 sustainability goals, RBIS works
with brands like Raeburn to help minimise their
environmental impact. The company, which is a world
leader in apparel branding, labelling, packaging and
embellishments, as well as RFID solutions, partners
with a portfolio of designers to provide sustainable
and technologically advanced solutions to increase
consumer appeal.
Vice president of Global Branding Solutions Amy
White said Raeburn was “not only excelling in the
industry, but is also using sustainable materials in a
completely new, unexpected and inspiring way.”
“We’re developing
completely new things we
wouldn’t normally have
done before from high-
definition woven labels
to different heat press
techniques to core branding
solutions, looking at every
stage of sustainability,”
One of the world’s most prestigious luxury brand houses
Kering made the industry sit up when it appointed Marie-
Claire Daveu as head of sustainability for the group, which
encompasses 22 brands, including Gucci, Stella McCartney,
Puma and Bottega Veneta.
Kering blazed a trail when Puma became the first company
ever to launch an Environmental Profit & Loss (EP&L)
account in 2011 and by 2014 the entire Kering Group had
published an EP&L, which is proudly displayed on its website.
“Sustainability is the only way to answer major issues like
climate change, lack of biodiversity and scarcity of resources,”
says Daveu, adding “it can give a competitive advantage,
because once it drives a business it stimulates the creativity
and innovation that keep a brand ahead.”
WGSN would like to thank Edmund Howard at Ogilvy Earth
for his invaluable research.
11
13. Held over two days and attended by 300 industry
leaders, this two day event will present a view
on the future of the consumer, design, retail and
communications to help businesses in fashion and the
creative industries prepared for a more successful and
sustainable future.
WGSN Futures takes place on 25-26 May 2016 and will
culminate in the WGSN Futures Awards which recognise
innovation and excellence in design and business.
The event will feature keynote presentations, interviews
and panel with global industry experts as well as insight
from WGSN’s own team.
12
For more information and to book tickets, please visit:
www.wgsnfutures.com