👜 "2024 was a year of reckoning for the fashion and luxury goods supply chain." - we couldn't agree more with this line from Vogue Business' latest article looking at what is ahead for the sector's supply chains in 2025. In the piece, our Vice President Spencer Shute, CSCP highlights the steps that businesses working in the industry need to take to improve their supply chains and how showing continued improvement is critical to consumer trust. Read more here: https://lnkd.in/e8S-DTfx #LuxurySupplyChain #FashionSupplyChain #2025Trends
Proxima’s Post
More Relevant Posts
-
Max Alexander, SVP at GXO Logistics, Inc., emphasizes efficiency in luxury supply chains, noting: "With demand uncertain in 2025, we expect a renewed focus from luxury and fashion companies to drive efficiency." The full article explores the evolving strategies for supply chains in the luxury sector, focusing on transparency, sustainability, and adapting to global challenges. You can read more here in Vogue Business: https://lnkd.in/dFZ9ETmB
To view or add a comment, sign in
-
What’s in store for fashion’s supply chain in 2025? 2024 was a year of reckoning for the fashion and luxury goods supply chain. And 2025 is the year of adaptation and resilience. 🌍✨ With ongoing challenges such as tariffs, labor disputes, and geopolitical tensions, the fashion industry is facing significant shifts in how goods are sourced globally. 🌐💼 🔑 Key Focus Areas for 2025: * Nearshoring and multi-sourcing to reduce risks 🌏 * Leveraging AI-driven solutions to enhance operational efficiency 🤖 * Rethinking inventory strategies to align with real-time demand 📊 * Strengthening transparency to rebuild consumer trust 💬 As the luxury market slows, efficiency, sustainability, and adaptability will be key to navigating an unpredictable landscape. For more insights on what’s in store for the fashion supply chain in 2025, read the full article 👉 https://lnkd.in/e8S-DTfx #FashionSupplyChain #Sustainability #Resilience #FashionTrends #2025Outlook #FashionIndustry #Innovation #AI #Transparency #VogueBusiness
To view or add a comment, sign in
-
How will fashion tackle supply chain challenges in 2025? This year, the fashion industry is set to confront an era of uncertainty—ranging from tariff shifts and labor disputes to the need for greater transparency and sustainability. This article explores how advanced technologies, ethical practices, and strategic sourcing shifts can create resilient supply chains. With the slowdown in luxury demand and the emergence of new sourcing regions like Southeast Asia, agility and adaptability are more critical than ever. Read more about the challenges shaping fashion’s supply chain and the solutions that could redefine the industry: https://bit.ly/3Wd7uTr #fashion #retail #supplychain #sustainability
To view or add a comment, sign in
-
💡 How does the retail take-up in Belgium look like for the first 3 months of the year? Can we expect the demand to be driven by fashion retailers again? Inflation, consumer confidence, take-up, vacancy: watch our new movie featuring Elise Peeters from our Retail team to find out about the newest market trends. Learn more about our services for retail property owners and retailers at https://cbre.co/3xDaX3V #Retail #Insights
Belgium Retail Market Update Q1 2024
To view or add a comment, sign in
-
Are you prepared for the potential disruptions in fashion’s supply chain? - #FoodForThought for the weekend As the #fashion industry contends with ongoing Red Sea unrest, rising logistics costs, and possible strikes at US ports, the next six months will be critical. These challenges could lead to significant delays and increased costs, impacting everything from production schedules to inventory levels. This article on Vogue Business offers a deep dive into the current state of the #supplychain and what fashion brands can do to mitigate these risks: https://bit.ly/3X0Ho5E
To view or add a comment, sign in
-
What’s in store for fashion’s supply chain in 2025? Thank you Kirsty McGregor from Vogue Business for this opportunity to comment this week-end on the unprecedented situation coming to us in the next couple of months ! 2025 is poised to be another year of uncertainty, largely due to unresolved tariff issues in several countries, particularly the US, says Joëlle Grunberg, partner and a leader of McKinsey’s apparel, fashion and luxury group in North America. President-elect Donald Trump, who will be sworn in on 20 January, has proposed additional tariffs on imports into the US of between 10 and 20 per cent for all goods, and between 60 and 100 per cent on goods from China. Other expected challenges include the threat of fresh strikes by US dockworkers, global airfreight capacity restraints, rising shipping costs and — for luxury in particular — a shortage of talent. At the same time, fashion brands are looking to reduce their costs, improve delivery times and comply with evolving sustainability regulations. Full article attached Hana Katen Corinne Teschner
To view or add a comment, sign in
-
According to Vogue Business, in 2025, the fashion industry faces challenges such as geopolitical tensions and evolving sustainability regulations, leading to increased uncertainty in supply chains. In addition to the support that Centric #PLM already provides for implementing sustainable product development, Centric Software’s Planning End-to-End Platform can help brands navigate these complexities by enabling: • Advanced Demand Forecasting: Utilizing AI-driven analytics to predict consumer preferences, allowing for optimized inventory levels and reduced waste. • Supply Chain Visibility: Providing real-time insights, ensuring compliance with sustainability standards and most effective practices. • Strategic Assortment Planning: Facilitate to identify the ideal product mix to meet the demand, therefore produce/buy what’s really needed. By leveraging Centric Software’s #Assortment #Planning, #fashion brands can enhance operational efficiency, adapt to market demands, and maintain resilience in an increasingly complex supply chain landscape. #LifeWithCentric #CentricPLM #FashionTech #DigitalTransformation #AI #MachineLearning #Luxury #Pricing #Merchandising #CentricPlanning
To view or add a comment, sign in
-
Lots of factors in the coming evolution of the fashion supply chain, and lots of uncertainty to go with it. Talent constriction among luxury designers, the perceived slowdown of growth in the market... brands need to adapt their supply chains to match. The solution is a fundamental one: efficiency. By snipping operational costs and inventory holdings while accelerating deliveries to retain consumer loyalty, these brands can stay strong and agile in a precarious market. This Vogue Business piece hits all the high notes. Good stuff.
To view or add a comment, sign in
-
🌍✨ Fashion Supply Chain in 2025: Navigating Uncertainty with Strategy & Transparency 🛠️📦 The fashion industry faces a challenging year ahead, with rising tariffs, labor disputes, and sustainability regulations reshaping global supply chains. Brands must embrace transparency, leverage AI for smarter forecasting, and diversify sourcing hubs like Southeast Asia and India to stay resilient. Trust, personalization, and ethical storytelling will be essential to connect with today’s conscious consumers. 🧵💡 🔗 Discover key strategies for navigating the evolving fashion supply chain landscape in 2025. #FashionIndustry #SupplyChain2025 #Sustainability #LuxuryFashion #BusinessStrategy #Innovation #Transparency #AI #GlobalTrade #FashionBusiness
To view or add a comment, sign in
-
Some valuable insights from Megan Tatum and Vogue Business What to expect moving into Q4 and beyond: · STRATEGIC SHIFT ON PRODUCTION - An increase in brands looking for near shore production – namely due to increasing shipping times (+3 weeks added to timelines from Asia) and costs (+300% pre-pandemic from Asia). Brands want to be more agile, resilient and have shorter lead times – leading to moving production from Asia to Turkey or Portugal. Stavros Karelis, MACHINE-A, says designers and brands he has spoken with have prioritised a “localised approach… diversifying their suppliers, working with a few different ones instead of just one, which allows for managing any risks as well as offering the ability to negotiate better pricing and payment terms”. · DAMPENED CONSUMER DEMAND – as the industry approaches the ‘Golden Quarter’, buyers are developing resilient contingency plans. Buyers are becoming much more controlled on inventory. Working with ‘strict budgets’ and instructed to cut down on spend to reflect the decline. “We have also adapted order quantities so that we are able to curb down inventories.” “Everyone will have reviewed their purchasing and production budgets accordingly. Some are cutting them, some are not increasing them, some are investing in those products that are easier to sell in the current market. But nobody in a volatile environment will be extremely bold [with expenditure] except those brands with a strong tailwind.’’ WHY? - Running leaner seems the order of the day from order quantities to operations and personnel. It’s time to grind it out. Working at HIP early-ecomm era and being taught to buy tight and keep it lean – always having and showing stock of an item was seen to be the antithesis of cool – we have 10 of those Stüssy or Supreme tees, buy it on sight or miss out forever. That made a product and brand special and unique. Sell a brand out, make it desirable. Certainly, a higher culture era and less mass driven. I am kinda excited about the leaner era and see it as necessary to move things forward and reset. Already certain retailers are doing this and reducing their brand count and honing in on a particular consumer and stopped being someone for everyone– Mytheresa ,SSENSE,END. Seeing the big luxury and sportswear brands struggle and churn out the same stuff is being picked apart – why is a luxury bag made for €57 retailing for €2800? Why is a US footwear brand incapable of producing a style in the US? And why do they keep churning out the same stuff whilst disruptive, younger brands are creating innovative products and telling unique stories? I see a small glimpse into some changes and I’m hopeful we are moving away from a mass culture era and towards a more meaningful and less throwaway culture. Innovation, local approach to production>sustainability, community all being key pillars. https://lnkd.in/ebPv6Wfn
To view or add a comment, sign in