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Daily Newsletter

20 October 2023

Daily Newsletter

20 October 2023

When turbulent global markets and fashion innovation collide

Fashion innovation took a hit recently thanks to the world's rocky climate, however Robert P. Antoshak, Gherzi Textile Organization partner explains why the industry must still prepare today for what's inevitable tomorrow.

Robert Antoshak October 20 2023

The fashion industry faces uneven demand. Consumers aren’t buying stuff like they did previously. Inventories, in turn, are high; new orders are scarce. Credit: Shutterstock.

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IoT innovation is limited in the retail and apparel industries

Per GlobalData estimates, the Eastern European food industry was valued at $180.5 billion in 2022 and is projected to grow at a CAGR of >4% by 2027. The top five companies together account for a value share of just 5.3% in 2022, with Mondelēz leading the pack. The Czech Republic, Poland, Romania, and Hungary were identified as high-potential countries, primarily due to the large size of their food industries, their high

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