Speed, Innovation, Supply Chain and Digitalization | Apparel Resources
Home » Markets & Products » Retail Destination » Speed Innovation Supply Chain And Digitalization


Speed, Innovation, Supply Chain and Digitalization

Share: 
      Newsletter

Apparel Online India April, 16-30, 2017

READ MORE ON Growth StrategiesLi & FungPVHTommy Hilfiger

The key focus of Li & Fung’s three-year plan

As Li & Fung, again missed estimates and reported its third year of declining profit, mainly due to the rise of e-commerce, challenging its brick-and-mortar business model, it reinforced the company’s resolve to put corrective measures in place when defining future strategies. The company has set a new three-year target to increase its revenue by a ‘low double digit’ percentage between 2017 – 2019 after failing to reach its profit targets from 2014 – 2016. The company’s new three-year plan focuses on the company’s urgent transformation with the goal of creating an efficient supply chain and the need for speed, innovation and digitalization to help brands and retailers respond to consumer trends and growing emphasis on going digital. “We have…

SUBSCRIBE TO READ IN FULL

Source: Apparel Online India April, 16-30, 2017
Have some news? Let us know on news@apparelresources.com

Comments are closed.

Recommended by Apparel Resources

Challenges apart, Japan has huge scope for Indian exporters

Japan – the world’s second-largest developed economy, the third-biggest economy by nominal GDP, and the fourth-largest by purchasing power parity – has once again shown its economic growth as positive...

Fashion Activism: Voice your opinion; designers join the political debate

Fashion has continuously been a personal style statement for the wearer, voicing their opinion and the choices that they make but this year ‘fashion activism’ has taken many forms and...

Japanese e-tailer targets the US market

To get the pulse of the industry and to make their entry into the new market smooth, retailers have often used social media to catch the attention of the consumers....

Industry concerned over store closures & bankruptcies in US!

Even as fears and apprehensions as to the ill-effects of Brexit are yet to wane off, the garment industry is now faced with two new developments – the reported bankruptcy...

Lingerie market gears up for momentous changes

Growing at a steady rate over the past few years, the dependency of lingerie for functional as well as fashion purposes has propelled its growth further resulting in the global...

Closing stores & bankruptcies in US An alarming situation for Indian exporters!

In the last few months, more than 18 fashion brands/stores, based in US, have shown very negative trends as some of them have announced closure of stores and filing for...

Organic/BCI/Sustainable… Is there a conflict of interest?

Rather than focusing on organic, supporting the Better Cotton Initiative (BCI) seems priority for...

Mexico prepares to be the next luxury destination; showcases strong growth year-on-year

Always playing second fiddle to luxury markets such as that of Brazil, Mexico is getting its due recognition not just by luxury brands, but also by industry experts who are...

UK consumer’s spending to reduce in coming years

Though the initial growth figures for 2017 show signs of revival for the UK economy, a weaker sterling and higher inflation are expected to dent it, claim economists. According to...

The amazon success story…

New technologies and changing shopping habits are redefining the retail business globally with online being an important strategy for any retailer who is focusing on reaching a wider audience. And...