Independent Brands Must Change Their Business Strategies

  • 📰 AnOtherMagazine
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Post-pandemic, young brands will have to adopt a model that is less wasteful in order to survive (via BoF)

roll, every toile… we’ve always kept everything we’ve made,” the Danish womenswear designer told BoF over a Zoom call.

“The last four months for us have been obviously challenging, but because we’re relatively small and incredibly agile we’ve moved to innovation digitally,” said Raeburn. His brand has been working on offering sophisticated customisation tools on its website, a bid to bolster a made-to-order model that makes up a portion of the company’s sales.

“Post-covid, we're going to have a bigger environmental inventory crisis than ever before, so the answer for me isn't making more stuff,” said Raeburn. “It's actually really looking intelligently about what we already have and what we can remake and what we can essentially reuse as well.” Launching an entirely upcycled line might not be a feasible option for all companies. Lucy Shea, chief executive of sustainability consultancy Futerra, recommends brands experiment with deadstock — perhaps by releasing a few “emblematic” items made from leftover fabrics — while also examining their new material use and working on upgrading their supply chain.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Little brands are not the problem, it’s the big designers, fashion houses & fast fashion that have to change 😠👎

SRuhle You can also support a small business like mine! 👉🏽SN: Please Follow & Support my Black Veteran owned business PMCandleCo 🕯

SRuhle Hey 🤷🏽‍♂️ We adapt 😬 There are no more wagon wheel smiths (unless you count for specialty work). But since the model-t it’s been a niche business 😐🤷🏽‍♂️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 97. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Prince Harry accuses social media companies of creating 'crisis of hate''Online platforms have contributed to, stoked and created the conditions for a crisis of hate, a crisis of health and a crisis of truth.' Why are you promoting a racist ? Are u a RACIST ? This Is a great course... because we need to change for the better.. not only for us our family and friends but for the future generations to come... Must be upsetting their pay roll.
Source: MetroUK - 🏆 13. / 82 Read more »