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The pandemic has affected all the sectors across the globe in a drastic way, especially the fashion retail business in developing countries like India. In addition to the pandemic, falling GDP growth, increasing inflation, and unexpected financial losses have made the Indian fashion product consumers even more cautious about where to spend their money.
In the fashion products segment, the retail corporation is gaining more importance to enhance India’s retail ecosystem. Back in the year 2020, when the COVID-19 outbreak started, many issues arise, such as:
Increase in inflation,
Global Financial crises,
Increase in unemployment,
Shutting down of businesses, etc.
In a fashion & apparel business, one of the difficult tasks is to understand the rapidly changing demands of customers and to address them on time. A current trend can become a talk-of-old-days in the fashion industry. That’s how versatile this market is. According to cio.com, the Indian fashion retail industry will become USD 115 billion market till
As the whole world is fighting against the deadly pandemic, the apparel industry is also fighting a war to address post-COVID-19 challenges. If we talk about the future of shopping, then it’s quite interesting and unpredictable. In the first and second quarter of 2020, we witnessed websites working as stores and stores behaving as websites. And all this
When you look for the fastest growing industries of 2020, you will notice that the lifestyle industry is among them too. There are plenty of businesses that fall under this category and apparel business is one of them. As the competition is right now, you need a reliable software platform to drive success and streamline your operations.
One thing you
The apparel and fashion industry is one of the largest and innovative business sectors in the world. Most of the concepts that retailers use these days were first experienced by fashion and apparel retailers. For example, Pop-up shops concept, which was initially piloted in the 90s by fashion and apparel retailers. Then came the next innovation wave of
It’s not an easy task to run an apparel business. From production to sales, to handling warehouses to distribution- you will encounter plenty of operational complexities, especially when it’s about inventory. There are multiple parameters like color, size, style, and type, that need to be individually tracked. That’s why you should prioritize
In today’s market, to remain competitive, a fashion business needs transparency and efficiency in their processes. In this context, apparel software plays a key role in recognizing the complexities of product orders. If you have to automate the fashion industry operations, you need a reliable software, which must be capable of -
Currently, fashion, apparel, and textile industry have taken a new shape with the involvement of Apparel ERP software solutions. Such software is enabling manufacturers and distributors to work productively while increasing the bottom line. Today, almost every apparel manufacturer rely on ERP to support their operations and manage growth rate.
It is said that in the clothing industry, sale success depends upon a retailer’s knowledge of their:
Proactive management of store inventory and activities, and Customer base.
Knowing how the store activities works, helps the retailers to stand a strong foothold in the market. Following are some strategies to help the retailers improve sales in an