Today, managing an apparel retail business is not the same as it was about a decade ago. The last few years have seen a tremendous rise in software and technology. It is almost impossible for an enterprise to stand out without investing in the right technology. An apparel retail software can help retailers become more efficient in their work and serve
In the past few decades, software and technology have had a remarkable impact on the retail business. Rather than going to a store, consumers are increasingly more likely to use their smartphone to look for and purchase things online. Whereas, the traditional retail shop remains a top priority, and it is very crucial that they stay up with the latest
The apparel industry contains a plethora of complex components that can influence business experiences. Product life cycles are shorter here, and the rate of change in demand is significantly faster than in other sectors. Every season necessitates a completely new collection. Keeping track of merchandise in a variety of styles, sizes, fits, fabrics, and
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, Falling GDP, Global Financial crises, Increase in unemployment, Shutting down of businesses, etc. This
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
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