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With the coronavirus (COVID-19) pandemic putting a stop to all non-essential travel, technology is now taking a front seat in communication between clothing brands and their suppliers, writes GlobalData.

Michelle Russell, Apparel Correspondent for GlobalData, says: “Buyers are now having to rethink how they work with manufacturers on orders and product design.”

UK clothing and homewares retailer Next is looking at a number of different scenarios to make up for the lack of face-to-face contact with its suppliers, including video conferencing.

Its teams would previously have travelled to factories to work on new product development, but are now asking manufacturers to send samples over. Video conferencing, with one sample at each end, is helping to recreate the process.

Software companies are also stepping in to help, particularly as more employees start working from home to try and stop the spread of the virus.

Tukatech, for example, is offering its CAD customers the opportunity to switch to a cloud license at no charge, allowing them to work from anywhere. While Centric Software has launched a series of quick-start, online collaboration packages designed to get brands, retailers and manufacturers working remotely.

The dynamic of sourcing and machinery trade shows is also changing, with organisers looking at virtual and other digital alternatives as the pandemic forces the cancellation of myriad events around the world.

Russell says: “Companies are now having to find new ways of staying in touch that they maybe haven’t considered previously. So having the right technology in place to enable a company to keep communication flowing across its supply chain has now become imperative if they want to remain operational.

“Next says it will come out of the process with the ability to communicate with potentially more manufacturers than it was previously, and this may be the case for many retailers and brands. They will inevitably find more efficient and cost effective ways of working once this pandemic is over and normal business is resumed.”

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Online & In-Store Innovations: The brand has recently introduced digital tabloids and screens in the stores where customers can browse through lookbooks, new collections and mood-boards. This provides the user a more detailed outlook towards the brand and a sneak-peak into the upcoming collection.

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He, however, says that Myntra does follow an affordable pricing strategy, which is very different from a discount-led pricing strategy. The online giant is continuously partnering with brands to see how it can make collections more affordable to consumers in Tier II & III cities and towns.

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According to a PTI report: The board of directors of the company at its meeting held on Thursday also approved an enabling resolution to raise Rs 400 crore through issue of of non-convertible debentures (NCDs) or other securities on private placement basis in one or more tranches within a period of one year, Future Lifestyle Fashions Ltd (FLFL) said in a regulatory filing.

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It is often said that regional brands are more focused than their national counterparts. How do you keep true to your brand essence with the level of expansion that you have achieved?

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