In 2018, it is clear that “sustainable fashion” is not just a futuristic concept, but today’s necessity. The environmental pollution is more and more concerning every year, causing numerous humanitarian and environmental issues all over the world. It is now time for industry professionals and consumers to hear the wake up call and simply slow down.
Many well-known fashion companies such as the Dutch McGregor Group, the stock-listed fashion company Steilmann, the online outlet Dress-for-Less and the menswear specialist Pohland filed for insolvency this year, while other well-established companies such as Gerry Weber, Tom Tailor and Hugo Boss admitted they are struggling.
In clothing retail, the battle of the supply chains is underway. In response to consumer trends, products can now reach the high street in record time and at bargain prices, all thanks to supply chains custom designed to support a high-volume, more flexible model.
Learn about Lean Management Principles and how they can help your company eliminate waste and create value for your customers.
Lean is a management philosophy - a way of thinking. It considers first and foremost what the customer is willing to pay for or in other words - added value. Activities that do not add value to the end product or customer are defined as waste and should be reduced or eliminated to free up resources to be used for adding value.
Between the abundance of the offer, exhaustive media exposure and the accelerated deterioration of our environment, consumers are imposing new ethical requirements when making fashion purchases. More and more industry professionals appear to be seeing sustainable development as an added - value for their collections, to address this critical concern, now a fixture of 21st-century consumer spending.