Apparel Industry: As much as we are faced with problems of climate change, natural resource depletion among others, sustainability and innovation lead the way.
Overhauling sustainability, technology and changes in customers’ behavior; the Apparel Industry is experiencing more of a change than ever. We can nowadays observe more companies switching to the usage of ecological materials like organically grown and recycled raw materials, as well as paying attention to recycling, water conservation and sustainable fashion opportunities. Design through artificial intelligence, smart manufacturing, and using blockchain for supply chain traceability are transforming operations for optimizing performance and compliance to the right standards. A new area of digital fashion as well as, augmented reality in the shopping experiences is also contributing to customer relations. The dynamics in the global trade are also changing now with companies seeking diverse ways of mitigating against risks and direct their supply chain towards nearshore locations to minimize lead time. At the same time, consumer preference is shifting towards sustainability, thus buying pre-owned, renting or investing in ageless basic pieces. The Apparel Industry goes on evolving and development denoting flexibility and concerns towards providing better future for everyone.