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By combining the assets of both businesses, this strategic partnership hopes to spur innovation and hasten the global digital transformation of a variety of industries. Fakir Fashion Ltd. ,Russell T. Ahmed Iqbal Ahmed F. Hasan (Russell) Fazlee Shamim EHSAN, #TechnologyNews #ApparelIndustry #Bangladesh #DailyNews #ApparelResources #ApparelIndustry #FashionBrand #RetailIndustry

𝙃𝙚𝙖𝙙𝙞𝙣𝙜 𝙞𝙣𝙩𝙤 𝙩𝙝𝙚 𝙇𝙖𝙨𝙩 𝙌𝙪𝙖𝙧𝙩𝙚𝙧: 𝙀𝙢𝙗𝙧𝙖𝙘𝙞𝙣𝙜 𝘾𝙝𝙖𝙣𝙜𝙚 𝙖𝙣𝙙 𝙎𝙚𝙩𝙩𝙞𝙣𝙜 𝙄𝙣𝙩𝙚𝙣𝙩𝙞𝙤𝙣𝙨 𝙛𝙤𝙧 𝙂𝙧𝙤𝙬𝙩𝙝 🌟 🔍 Reflect, Realign, Reimagine: As 2024 draws to a close, let's not rush through these crucial last months. Instead, why not use this time to reflect on our journeys and set impactful goals for 2025? This isn’t just about wrapping things up but about paving the way for future success and innovation. 💡 Strategic Planning: What lessons have we learned this year? How can we apply these insights to enhance our strategies? At Felix Impex Pvt Ltd, we believe in turning reflection into action. We take this time to assess our processes, ensuring that we continue to deliver only the highest quality footwear solutions that our clients trust and love. 🌱 Growth and Development: Let's think beyond the immediate. What are our long-term aspirations? How can we align our daily operations with our broader values and visions? Every discussion, every plan we make is geared towards not just meeting but exceeding the expectations of those we serve. 🚀 Looking Ahead: It's never too late to pivot or to dream bigger. Let's embrace this last quarter not just as an ending but as a beautiful beginning. Here’s to stepping into the new year armed with clarity and purpose, ready to take on new challenges and opportunities. Join us at Felix Impex Pvt Ltd as we commit to not just maintaining standards but setting new ones. Let's make 2025 a landmark year together. Interested in learning how we can help your business reach new heights? DM us today! #FelixImpex #QualityAssurance #FootwearInnovation #StrategicPlanning #SustainableFashion #EndOfYearReflection

🚀EntryMapper & IVALO.COM: A Strategic Expansion Success🌍 Thrilled to share insights from our collaboration with www.ivalo.com a sustainable fashion leader, on their European market expansion journey. Despite their diligent preliminary efforts, the need for a more profound strategic approach became evident. Our Approach: 1. Competitor Analysis & Innovation Opportunities - Identified market gaps and opportunities for IVALO.COM. 2. Uncovering B2B Opportunities - Revealed new avenues in sustainability validation for fashion brands. 3. Market Prioritization - Conducted in-depth evaluations for strategic expansion. 4. Strategic Plan Development - Created a comprehensive strategy enhancing stakeholder decision-making. Impact: This collaboration provided IVALO.COM with actionable insights for expansion and identifying acquisition targets, marking a significant stride in their growth trajectory. Investor Resonance: Our strategic plan significantly influenced investor engagement, facilitating successful funding rounds. Takeaway: EntryMapper's detailed analysis and strategic planning set a new industry benchmark, aligning IVALO.COM with its vision and investor expectations. Interested in how EntryMapper can transform your strategy? Reach out at hello@entrymapper.io. 🚀 #MarketExpansion #StrategicSuccess #SustainableFashion #BusinessGrowth

🛍️ The luxury fashion industry has seen a significant increase in the value of excess inventory held by major groups, reaching €3.2 billion at LVMH and €1.5 billion at Kering last year. ♻️ Overproduction is a deliberate aspect of the fashion business model, aimed at optimizing efficiency and sales potential. While investors tolerate this practice as it constitutes a small portion of overall revenue, disposing of excess inventory has become a complex challenge. 🛑 Regulatory bans on destruction and the reluctance of luxury brands to heavily rely on discount channels contribute to this challenge. But what potential solutions could address these issues? Read more on the latest article of The Business of Fashion: https://lnkd.in/dqzxPzJY #RentBoutique #LuxuryFashion #FashionTech #FashionRegulation #Sustainability #SustainableFashion

Fantastic piece of reporting on the monetary value and state of play of unsold inventory in luxury by Sarah Kent in The Business of Fashion today. Tech and AI are enabling stronger demand forecasting and better matching of supply and demand, and brands are moving products through employee sales and exploration of upcycling and recycling. But as I shared with Sarah, the biggest lever for change is not producing too much to begin with. “Eliminating the need to think about unsold products in the first place is the vital starting point,” said Elisa Niemtzow, vice president for consumer sectors at consultancy BSR. “It’s going to take creative and innovative thinking — and maybe thinking about different models of doing business.” There is compelling innovation happening but financial markets still judge companies on their success at linear models, not the circular ones that will define our future. Shout-out to fellow contributors Francois Souchet Claudia D'Arpizio Ken Pucker AI, Outlets, Recycling: Can Luxury Solve Its Billion-Dollar Excess Inventory Problem? | BoF (businessoffashion.com)

There's a huge huge huge problem of inventory excess in🥻Fashion 🛍️, especially in luxury segment. The value of excess inventory held by luxury fashion’s biggest groups has grown to billions of dollars over the last decade, reaching €3.2 billion at #lvmh and €1.5 billion at #kering last year. How to solve is a super question. Once it was possible to destroy (what a pity) those piece of art, now it's forbidden. Alternatively, those items could be sold to employess, brand' friends and advocates, private sales & outlet. But it's difficult to imagine that those areas could buy billions of $ of items. Second hand could solve? What do you think? The Business of Fashion, By Sarah Kent https://lnkd.in/d8kJY6Dz #fashion #inventory #luxuryfashion #secondhand

In a session at Supply Chain Forum Europe with Dhyana Van Der Pols, Captain of Strategy-Board Business Advisor at GAUGE81 we looked into the strategic opportunities of sustainability, the innovative approaches and best practices being adopted by brands. #PIApparel #Fashion #SupplyChain

The Fashion Revolution: Mintobay Disrupting the Industry by Rewriting the Fashion Rules with Unmatched Features Fashion isn’t just about clothes—it’s a way of life, an unspoken expression of who we are. The colors we wear, the cuts we choose, and the patterns we embrace—all come together to tell our unique story. For PUNEET BAJAJ , CEO of Mintobay, fashion is more than an industry; it’s a bold statement, a driving force for change, a powerful tool for self-expression and ultimate customer convenience. From his humble beginnings to spearheading a Rs 100 Cr fashion empire, Puneet is leading a fashion revolution for all the trendsetters. Read More: https://lnkd.in/gwC3TYvM #startupstories #successstories #fashionbrand

In today's rapidly evolving fashion industry, the traditional model of producing 10 items to sell just three is becoming increasingly unsustainable. This leads to excess inventory and lost capital, creating immense pressure on profitable items to cover the losses of those that don’t sell! By adopting a shared risk business model, we not only enhance value for buyers but also increase value for suppliers at every level of the supply chain. This strategy goes beyond geographical manufacturing constraints and cost negotiations, prioritizing innovation in processes and data. By leveraging data science, ondemand manufacturing and innovative applications, we can accelerate productivity and profitability, operating with less inventory while maximizing profit performance. As John Thorbeck 😇 aptly states, “There’s something wrong with an industry that makes 10 to sell three.” This report “Under the Banyan Tree” highlights capital as the primary metric across the entire supply chain. Shared risk is not just a buzzword; it embodies shared value and purpose. By working together we can make a significant difference in the fashion industry! 🌍🌿 Click here to download the full report: https://lnkd.in/eS8WVftY Brad Ballentine John Thorbeck Gonçalo Cruz James Theuerkauf Matthijs Crietee Cem Altan IAF: International Apparel Federation United Nations International Trade Centre Kornit Digital Ronen Samuel Chris Govier Lauri Hanover Ilan Elad #KornitDigital #PrintOnDemand #Smartertechnology #FashionInnovation #SharedRisk #SustainableFashion #DataDriven #SupplyChainExcellence #Profitability #Collaboration

ISPO Munich 2024: networking, innovation & repair 💚🌍 A special highlight was joining the conversation at the Repair Talks hosted by Paul Kerssens, Co-Founder & COO of United Repair Centre. It was an honor to discuss the importance of #repair, circularity, and collaboration in shaping the future of sustainable fashion and sportswear. From meaningful conversations to inspiring new connections. We had the chance to bring our repair-driven concept to the attention of key suppliers, exchanging ideas about how we can collectively shift toward a more sustainable future - every step matters. 🌱 #ISPOMunich2024 #ISPO #retail #shoes Daan Engelen Bart Demkes