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manufacturing

Understanding the Triple Bottom Line in Fashion

Tatiana Kochergina Fashion August 5, 2024

Triple Bottom Line in Fashion In today’s increasingly conscientious marketplace, the concept of the triple bottom line has become a significant metric for businesses, especially in the fashion industry. Traditional business practices primarily focus on financial performance as the sole measure of success. However, many business leaders are increasingly acknowledging…

Beyond Fashion: Applications of PLM Solutions in Other Industries

Product Lifecycle Management (PLM) solutions have traditionally been linked with the fashion industry, known for streamlining design, production, and distribution processes. However, the advantages of PLM systems extend far beyond fashion. Industries such as automotive, aerospace, fast-moving consumer goods (FMCG), and cosmetics are leveraging PLM software to enhance efficiency, drive…

The Business of Fashion: Understanding Wholesale Pricing

Tatiana Kochergina Fashion April 8, 2024

Introduction In the dynamic realm of fashion, where trends morph swiftly and consumer inclinations fluctuate, comprehending wholesale and retail pricing is fundamental for designers, manufacturers, and retailers alike. But what is wholesale pricing? It stands as the bedrock of the fashion business, wielding influence over profit margins, market competitiveness, customer…