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Fashion business need to sort out something to become sustainable: their inventory

  • Global
  • United States

  • In an interesting piece on Fortune, Misha Nonoo, a NYC based fashion designer known for eponymous ready-to-wear clothing, says how the apparel and fashion industry's reliance on upfront, bulk production without precise knowledge of customer preferences is resulting in poorer profits, low quality and a massive environmental problem through millions of tons of discarded textile waste.

    She argues that the COVID-19 pandemic has provided a perfect opportunity for the top brands in fashion to put inventory management on top of their agenda and deliver more value with less clothing produced.

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    Stakeholders

  • Designers (Textile and fashion designers)
  • EHS professionals
  • IT manager
  • Marketing or sales professionals
  • Retailers or wholesalers
  • Senior or top management
  • Sourcing professionals
  • Keywords

  • Inventory management in fashion
  • Just in time inventory
  • Textile and apparel waste
  • Unsold textile inventory
  • Demand-based textile production
  • Product Category

    • High-end fashion