The textile and garment sector, which includes clothes, footwear, textiles, and luxurious fashion, is one of the most active and important industries in the world, with a market value of $3,000 trillion in 2015.Seasonal variations, fluctuating worldwide demand, operating expenses, changeable weather, and climatic circumstances affect every activity here,
With consumer spending at all-time highs and eCommerce on the rise, many would-be entrepreneurs are stumped as to how to start a wholesale firm. If you have the necessary funds and don't want to engage with retailers or regular clients, the wholesale industry is a good place to start. Find out more about how Logic ERP can support your wholesale
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
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 ever-changing fashion industry is known for its dizzying expectations, specific legislation, and fickle consumer preferences. To be competitive, a clothing company must be adaptable, versatile, and able to keep things in perspective. This is made possible by the use of the appropriate technological resources. In such cases, ERP software may assist
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 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
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