IAF World Apparel Convention 2012
This year's IAF World Apparel Convention took place under the theme of 'Fashion business in a changing environment.' Efforts to get smarter across the supply chain through the use of collaboration and technology, the disconnect between fast fashion and sustainability issues, as well as likely sourcing trends, were among topics discussed.
Instead of focusing on product costs as a way of offsetting the pressures faced in both retail and sourcing markets, the apparel supply chain should look instead at optimising processes, boosting collaboration and generally getting smarter, industry executives believe.
The heads of two US trade groups representing apparel and footwear retailers, brands and importers have warned of a slowdown in consumer spending unless lawmakers can reach an agreement to avoid the so-called "fiscal cliff" which is looming at the end of the year.
The International Apparel Federation (IAF) is heading to China for the next edition of its annual World Apparel Convention, where creating value in the global fashion supply chain will be the theme of the event.
References to "turbulent times," "depressed consumer markets" and "challenges" littered the opening remarks from IAF president Harry van Dalfsen at the group's annual World Apparel Convention today (26 September). But there were positives too, with "building bridges across continents," "co-operation" and "opportunities" among the key takeaways.
The managing director of India's leading department store retailer, Shoppers Stop Ltd, has described the government's move to allow more overseas investment in the sector as "a good starting point."
The likelihood of a resurgence in near-sourcing is "certainly possible" as the apparel industry starts to think more holistically about its supply chain, delegates at this year's IAF World Apparel Convention were told today (26 September).
The rise of the fast fashion retail model that keeps consumer interest by feeding through fresh merchandise more frequently is out of kilter with the industry's increasing focus on sustainability issues, according to speakers at this year's IAF World Apparel Convention.
The theme of change resonates loudly with Harry van Dalfsen, who took on the role of president of the International Apparel Federation (IAF) two years ago at the height of the global economic crisis. Not surprisingly, ‘Fashion business in a changing environment’ is also the focus of the upcoming IAF World Apparel Convention, which takes place later this month.
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