Italian Market Analysis: Insights to Prepare You for Next Season

In the past year, the fashion industry has proven its resilience and also acknowledged the importance of sustainability as critical to our future.

Wholesale has an inventory problem. And yes we know, that’s not exactly news. Even prior to COVID-19, UBS noted inventory growth for apparel, footwear and accessories had outpaced sales growth for four quarters running. What to do?

A sustainable fashion industry. Consumers want it, and our planet needs it. But how do brands balance the environmental and ethical demands of a movement so often referred to as ‘slow fashion,’ with consumers’ ever-increasing expectations for speed, personalization, and convenience? Not to mention the intense financial pressures of recovery from the health crisis? Although it might seem counterintuitive, a mainstream sustainable business model can happen. It just requires digital transformation.

People often say that art will find a way. But even the most talented and determined independent designers have spent the past year navigating some pretty intense terrain. Thankfully, increased digitization has revealed promising new directions--creating opportunities for emerging talent to reach audiences and for buyers to discover them. 

Across sectors, significant obstacles still make it harder for Black creatives and entrepreneurs to achieve mainstream success. And in fashion and luxury, they have additional issues to navigate, including an established networking culture.

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2020 was an opportunity for the retail industry to change and evolve. Brands found themselves having to make sudden decisions on what digital channels to pursue and partners to work with. 

The coronavirus has brought intense challenges to our industry--ones we have never had to face.Even in this shifting environment, however, there are two things we can hold onto with certainty

By now, we all get it: virtual wholesale appointments are here to stay. But did you know that they are not just a new way of doing business, but your buyer’s preferred way of doing business?

Gearing up for your event on JOOR Passport. We break down the most important housekeeping tips and new features you can leverage on JOOR when participating in a Passport Event.