Slogan: “she in shine out”
Numbers
- value 2020: 15B 2022: 100B
- global youth population: 2019: 1.2 B —> 2030 1.3B
- value of global fast fashion industry: 7% annual growth rate (from USD 30.58B to 2021 39.84B)
Core infrastructure advantage:
- supply chain management system + production ecosystem
- cut out physical retail and middle man
- search traffic + customer data —> predict demand
- reach customer: social media
Fashion industry critical lead time:
- recognizing a trend — bring final product to market
- receiving a customer order to deliver — deliver to customer
- recognize trend — make production adjustment
cutting the lead time by half can reduce 21% cost
Cost Cutting