6 Developments To Know And Shop Now As Seen On The Vogue World: Paris Runway
Sandeep Karwa, Vice President of Flipkart Fashion, envisions ‘SPOYL’ as greater than just a buying platform. Moreover, by encouraging sellers to undertake quick trend inputs and make use of advanced planning, Flipkart is setting new benchmarks in making fashion that’s each stylish and driven by technology and information insights. As online buying surges in popularity, market analysis underscores the importance of Gen Z on this upward trajectory. Bain & Co’s insights reveal that a 3rd of internet buyers belong to this very age group, with fashion being their foremost online purchase. McKinsey additional bolsters this narrative, highlighting Gen Z’s penchant for expressive apparel, a need to diverge from the norm, and their fluid fashion sense.
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As previously done, this year’s report highlights ten emerging themes that shall be excessive on leadership agendas. Looking towards 2024, probably the most outstanding sentiment among fashion business leaders is uncertainty, reflecting the prospect of subdued economic growth, persistent inflation, and weak shopper confidence. Against this backdrop, companies might be challenged to identify pockets of value and unlock new drivers of efficiency.