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Product Sourcing
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As we approach the holiday season, retailers and logistics service providers (LSPs) like freight forwarders and warehouses are placing their respective orders to secure the availability of merchandise before shoppers add to their carts. This year, the holiday consumer landscape is slightly different. With U.S. businesses gearing up to import more goods now compared toโฆ
Walmart said this week that it's planning on easing its requirements for in-full and on-time shipments from suppliers. According to The Wall Street Journal, Walmart said that it wants its suppliers to deliver shipments on-time 90 percent of the time and in-full 95 percent of the time, down from the 98 percent threshold the companyโฆ
Imagine youโre shopping for a new dress. You have a vision of your colorful, dream dress, but you havenโt been able to find it anywhere online or in-store. But what if you could create it yourself with the help of artificial intelligence (AI)? Generative AI is fundamentally reshaping the product development process, offering many uniqueโฆ
The fashion industry is still struggling to meet the expectations of a consumer base that has become increasingly conscious of the environmental and social impact of their clothing choices. In the U.S., 80 percent of consumers indicate that sustainability is a crucial factor when selecting a fashion brand. Younger shoppers in particular have shown thatโฆ
Saks, the premier digital platform for luxury fashion, recently announced that it has extended its partnership with Lightspeed Commerce, a one-stop commerce platform for merchants to simplify, scale and create exceptional customer experiences. The platform has helped Saks streamline previously manual processes, slashing time spent on order creation by 50 percent and reducing time spent on purchaseโฆ
Consumers are posing an ultimatum to fashion and apparel brands: Start taking sustainability seriously or theyโll shop elsewhere. A new study of UK consumers found that 81 percent intend to boycott apparel brands that donโt prioritize sustainability within the next two years. These consumers are part of a clear global trend: Growing swaths of consumersโฆ
The days when brands and retailers could turn a blind eye to where their products come from are over. Amid heightened awareness of social and environmental abuses throughout the supply chain, governments around the world are moving quickly to hold businesses accountable for the actions of their suppliers. New supply chain due diligence laws areโฆ
Diverting textiles from landfills is increasingly becoming a top-of-mind concern for clothing manufacturers and retailers alike. In the face of legislative changes, consumers are more aware of the environmental impact of their clothing choices. The fashion industry generates around 92 million tons of textile waste each year, which not only clogs up landfills, but alsoโฆ
The fashion industry is constantly growing, introducing new brands in various categories, whether digital, sustainable, circular, or fast fashion. The global apparel and footwear market is expected to be valued at up to $2.25 trillion by 2025, according to Statista. Sourcing is a crucial aspect of a clothing supply chain. For a private-label clothing company, sourcingโฆ
Consumers have long said they prefer sustainable products, and a new study shows that they've been putting their money where their mouth is. Researchers from McKinsey and NielsenIQ studied 600,000 products from 44,000 brands and conclusively found that products that make environmental, social and governance (ESG) claims experienced faster growth than products without them. Thisโฆ