inventory news and archive

Why mass producing fashion is no longer a worthwhile investment

New York-based fashion designer Mischa Nonoo, in an op-ed penned in business publication Fortune, claims fashion businesses are no longer a worthwhile investment. She has a point. The global luxury market faced an unprecedented hit in Q2, showing even robust businesses like LVMH and Kering are facing startling revenue drops. While the world...

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Fashion

Infographic: the extent of overproduction in the fashion industry

The fashion industry clearly has a problem with overproduction. In March, fast fashion powerhouse H&M reported to be sitting on a pile of no less than 4.3 billion US dollars worth of unsold inventory. A few months later, UK luxury label Burberry received backlash for reportedly destroying finished products worth 28.6 million pounds...

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Fashion

Infographic: the extent of overproduction in the fashion industry

The fashion industry clearly has a problem with overproduction. In March, fast fashion powerhouse H&M reported to be sitting on a pile of no less than 4.3 billion US dollars worth of unsold inventory. A few months later, UK luxury label Burberry received backlash for reportedly destroying finished products worth 28.6 million pounds...

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