In today’s faster, digital, omnichannel marketplace, traditional fashion brands are making strategic investments in key capabilities, adopting the key tenants that make fast fashion brands successful.
In today’s faster, digital, omnichannel marketplace, traditional fashion brands are making strategic investments in key capabilities, adopting the key tenants that make fast fashion brands successful.
Being Right
Bringing on-trend products to your target customers
Being Fast
Delivering the product when it’s needed, faster than your peers
Being Efficient
Creating lean, cost efficient, end-to-end operations
Fashion brands that invest in Being Right, Being Fast and Being Efficient are being rewarded with the following benefits:
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INCREASED REVENUE |
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REDUCED COSTS |
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FASTER SPEED |
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IMPROVED LOYALTY |
Accenture has a specialized offering focused on transforming how apparel and footwear companies bring their products to market in a fast fashion marketplace.
Fashion brands will have to make investments across their value stream to realize the benefits of adopting these key tenants.
Innovation: Empowering your brand to take the right risks with new products
Planning: Implementing a calendar that enables you to plan lines around the consumer, closer to market
Merchandising: Balancing the “art” of fashion, with the “science” of data-driven decision making
Design: Investing in design capabilities as innovative as your products
Development: Developing products faster and at an optimal cost through PLM
Commercialize: Managing your sample and test products to scale production quickly
Sourcing: Keeping vendors accountable to high performance and sustainability
Learn what fashion brands are doing to improve how they innovate and develop products to compete in a faster fashion marketplace.
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