via Global fashion industry likely to touch $2.5 tn in 2018 The average revenue for the global fashion industry is expected to rise between 3.5 and 4.5 per cent in 2018, to a total of $2.5 trillion, says a recent report. The industry’s profit margin (before taxes) is projected to hold steady at 10 per…
Digitization: The next stop for the apparel-sourcing caravan By Achim Berg, Saskia Hedrich, Tim Lange, and Karl-Hendrik Magnus Stepping up digital efforts in purchasing could help apparel companies transform. A survey of sourcing executives highlights trends and opportunities. The shirt you are wearing now was probably manufactured in a far-away country, based on a months-old…
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