Responding to Fashion Market Changes With On-Demand Technology
The shift toward offering greater personalization doesn’t seem to be slowing down anytime soon. In fact, Edouard Macquin, president of Lectra Americas, said personalization and the on-demand economy is core to what’s driving fashion apparel and retail today. Here, Macquin shares his insights into this trend, and how Lectra is responding with new platforms to help brands gain a competitive edge. WWD: The fashion apparel industry has gone through some remarkable changes in the past decade. What’s driving this change? Edouard Macquin: The fashion industry is part of the greater seismic shift toward products tailored to individual tastes and preferences. We see this across media, for instance. What is unique to the fashion industry, though, as opposed to a streaming TV service, is that we are delivering a physical product to consumers. This is also where the challenge lies. The driver of this change is, as with any change in the retail market, partially consumer-driven, but what comes first are brands with the capabilities to market and deliver quality, on-demand products in the first place. From my perspective then, the main driver of this change in fashion has to be the technology, both software and hardware: from programs that can empower more agile product developmentFollow WWD on Twitter or become a fan on Facebook.
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