Environmental Factors Affecting the Fashion Industry

Environmental Factors Affecting Fashion

The way we shop and dress has a lot to do with our immediate surroundings. Lifestyle, personal preferences, climate, social media, society norms, advertisements, popular trends, and finances influence our fashion choices. The fashion industry largely relies on its consumers for running the business, whilst making profits. Environmental factors are elements that cannot be controlled … Read more

Sales Forecasting Techniques for Fast Fashion Retailing

Fashion Retailing

Sales Forecasting: Sales forecasting is a key factor for success in the supply chain and inventory management for most industries. It is especially true in the textile and apparel industry where the lead time is very long compared with the lifespan of the products. However, many other constraints make the sales forecasting very complex in … Read more