An overview of the Fashion Industry’s resilience worldwide. The video report is dedicated to the fashion industry and its global pipeline, to secure an exciting and sustainable future.
Leading figures from the world of fashion, focusing on business, fashion trends during lockdown, and sustainability issues, have predicted that brands emerging from the Covid-19 situation will find inspiring new ways to approach seasonal collections, with more focus on capsule collections and in-season retail, as well as ever-greater collaboration and alliances amongst brands. While sustainability is here to stay, new styles and trends have emerged from lockdown as supply chains are upended, and the relentless acceleration towards digital collections and purchasing habits has entered a new phase, providing those in the industry with an opportunity to re-think the future of fashion.
These are just some of the findings to come from a unique virtual collaboration bringing together the fashion and textile industry’s most influential commentators for the very first time as they weigh-in on the major mega trends that are set to re-shape the industry post-pandemic.
Presented by leading global Total Quality Assurance provider and trusted partner to the world’s leading brands, manufacturers and distributors for 130 years, Intertek’s Maison Centre of Excellence – a unique new concept for the luxury and premium goods industry, where events, ideas and collaborations are held with the exclusive support of its subject-matter experts and state-of-the-art laboratories – the video report “The Future of Fashion” has brought together insights from leading trends forecaster David Shah (Industry thought-leader and CEO at Metropolitan Publishing BV) as well as the editors of major textile supply chain publications. (See Acknowledgements)
Other predictions and trends to emerge from this one-of-a-kind event include:
- An expected shift to more restrained, timeless collections – just as wartime fabric rationing paved the way for Dior’s New Look collection in 1947
- The concept of fashion shows being completely overhauled
- Athleisure and loungewear are far from over – especially as working from home will become the norm for some sectors
- The Chinese market bouncing back fast to account for as much as 50% of the luxury market, with more consumers shopping online at home
- Resale, rental and transparently sustainable business likely to grow
- Reshoring and investment in local manufacturing disrupting existing supply chains
The Future of Fashion video and report are available to view here: https://thefutureoffashion.maison.intertek.com
For more information and video about the Intertek Maison Centre of Excellence visit: https://maison.intertek.com/