This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
It started with a humble, natural wool (and extremely comfortable) shoe, but Allbirds is not merely an apparel company today. The company is driving change in the industry through the open sourcing of materials for others to benefit, and in doing so, is becoming the industry’s standard bearer on sustainability practices.
Landmark Group, one of the largest retail and hospitality organizations in the Middle East, wanted to reduce energy consumption and carbon footprint, improve operational excellence, and make progress toward its sustainability goals. With 5G-enabled smart mirrors, a person can virtually try on apparel.
The concept of sustainability in business practices has rapidly gained importance over the years. Plenty of proactive companies are shifting and adjusting their operations to incorporate sustainable practices. So, what exactly is sustainability when it comes to a business? Rising demand for sustainable goods.
I have been engaged in the retail industry for 16 years, and I think it has been hit the hardest: millions of jobs lost, an estimated $430 billion downturn in retail revenue according to NRF estimates , 58% reduction in foot traffic across retail industries, and a more than 37% drop in online sales for apparel and footwear.
Particularly the expectations of customers towards convenience, personalization, experience, sustainability and, of course now, safety. Nike’s CEO said that even though it lost the majority of mall traffic in China during the lockdown , the net impact of the disruption was minimized by having the right online-commerce capabilities.
Other benefits of effective returns management would be faster service and turnover, customer retention, increased sustainability, and reduced losses. An apparel brand increases efficiency by 900 percent. That has increased net recovery (vs. If you handle your returns wisely, you can regain their value (at least partially).
Sustainability initiatives are largely driven by data, and CIOs are uniquely positioned to ensure their organizations have the right data necessary to drive collaborative decision-making practices that influence sustainability. With these resources, CIOs can often initiate and drive the conversation surrounding sustainability.
Oh, and sustainability is getting a whole stage all to itself at Disrupt. Well that covers things : Jagmeet reports that Lightspeed backs Indian startup Zyod aiming to make apparel manufacturing more efficient. Cool cool cool : Magnets and water net Magnotherm a $6.9 Today, there’s a ton of fun events-based updates for you.
We organize all of the trending information in your field so you don't have to. Join 49,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content