Articles by Diane Vanderschelden
Unveiling the future of retail: EIU's 2024 outlook
loading... - Retail
From the bustling aisles of brick-and-mortar stores, now filled with "experiential shopping" experiences, to the fast-changing landscapes of online commerce, with an ever-increasing number of pure players and discounters entering the game, what are the latest trends shaping consumer goods and retail? Will inflation fluctuating rates keep on...
The path forward: OECD perspectives on company-union agreements' role in shaping responsible business practices
loading... - Business
During the Organisation for Economic Co-operation and Development (OECD) forum on due diligence in the garment and footwear sector, which took place in Paris from February 19 to 23, prominent experts delved into the potential of legally binding agreements voluntarily adopted by companies and global trade unions. Representatives from various...
The Green Store & Building Challenge LVMH x Paris Good Fashion: Committing to a Greener Retail
loading... - Retail | Exclusive
In a context where environmental awareness is gaining importance, the fashion industry giant LVMH, and Paris Good Fashion, the association of fashion professionals working for a more responsible fashion, have joined forces to launch an innovative initiative: the Green Store & Building Challenge. This ambitious collaboration aims to raise...
Naumy's success story: Behind the scenes of a rising fast fashion powerhouse
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Naumy's name is on everyone's lips. The French fashion budget retailer, offering a wide range for women, men, and children, has made a notable entrance into the market by daring to compete with Shein and Primark. With the ambition to open 100 stores in France and the recent inauguration of three stores in Belgium, Naumy eventually intends to...
Upcycling, a solution for companies' carbon and financial footprints
loading... - Business | Exclusive
Is upcycling extending beyond its traditional mission of giving a second life to textiles? What if the introduction of automation into this practice paves the way for a symbiosis between ecology, economy, and strategy for businesses? Since 2020, Losanje has asserted itself as a pioneer of French-made upcycling, revolutionising the way finished...
Paris Good Fashion’s Isabelle Lefort on making Paris the capital of sustainable fashion in 2024
loading... - Business | Interview
Initiated by the City of Paris, Paris Good Fashion initially aimed to establish Paris as the capital of a more sustainable fashion by 2024, in anticipation of the Olympic Games. On the occasion of its fifth anniversary, the association conducted a review of its first roadmap in the presence of key industry stakeholders on January 23 at the...
The economics of vocational training in the fashion sector worldwide
loading... - Fashion
Facing robust growth and an unfavourable age pyramid, the French Fashion and Luxury sector has been striving to recruit over 10,000 individuals annually since 2012, primarily for technical positions related to product manufacturing and development, constituting 90 percent of the demand. Despite already having 615,600 direct jobs and one million...
Exploring the true price tag of fashion education: A global insight into the costs of fashion schools
loading... - Business
Venturing into the world of fashion holds an irresistible allure, especially when setting sights on one of the pivotal hubs in this industry: Paris, New York, Milan, or London. These cities serve as the breeding grounds for the most iconic names in the fashion realm. But what financial investment is required to enter the top fashion schools,...
The retail figures of Europe's fashion industry: A deep dive into the industry's complex landscape and future trends
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How is the market performing? It turns out that whether the financial outlook is positive or not has never been harder to say. A fact that the Executive Survey by McKinsey and Business of Fashion (BoF) rightly captured. According to the report, against a challenging economic backdrop, executives' views on the industry's prospects are more...
Logistics Challenges and Trends in E-commerce: Outlook for 2024
loading... - Business
The ever-evolving e-commerce revolution is reshaping the fashion retail scene, providing consumers with unprecedented convenience. Yet, for companies manoeuvring through this dynamic environment, a host of logistical challenges accompanies this transformation, rendering the intricacies of effective logistics management increasingly vital for...