Top 5 Fashion Industry News
Online Sales during Thanksgiving on the Decline?
According to recent Adobe Analytics forecasts, Thanksgiving internet sales in the US may be lower in 2022 than they were in 2017. The traditional holiday sales have become obsolete because a number of e-commerce platforms now conduct sales all year long. According to research, consumer expenditure totaled $509 billion this year, which is 6% less than it was the year before. This indicates that consumers are probably spending less this year, which may have an impact on online sales around Thanksgiving. Examining some of the main causes of this decline, let's see.
11 Marketing Tips For Fashion Brand To Increase Sales During 2022 Blackfriday
Fashion firms could take advantage of Black Friday to boost sales. Not many companies, meanwhile, can currently afford to launch promotions. We have some advice if you represent one of these companies!
Social Sustainability and the Conscious Consumer
A result of a brand's social sustainability activities is conscious consumerism. Conscious customers today look for value from brands. Responding to the call for sustainability can help fashion firms.
5 Methods to Decrease Expenditure in Sourcing
The process of establishing the conditions and terms of acquiring goods and services from outside sources is known as procurement. A crucial Key Performance Indicator (KPI) for supply chain management is the cost of procurement. This offers a simple way to assess the effectiveness of the entire procurement process, and as it is a cost-based KPI, it directly affects international sourcing.
Important Dates of Upcoming Zara Sales 2021-2022
With its conscious and fashionable apparel, Zara has continually led the fashion sector. With a network of retail locations reaching practically all major cities worldwide, Zara is one of the most well-known high-street fashion brands.
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