Inventory challenges in the fashion industry are amplified by the rapid rise of micro-trends, making it difficult for brands to accurately forecast demand and manage stock.
Fashion brands are facing an unprecedented level of excess stock worth between $70 billion and $140 billion due to rapid changes in consumer preferences and shopping channels.
The complexities of routing fashion goods across various retailers and manufacturers lead to extended lead times, making it difficult for brands to remain agile amidst global supply chain disruptions.
Climate change adds an unpredictable layer to fashion inventory management as varying weather conditions complicate the demand for seasonal garments, further straining stock levels for brands.
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