Daniel Harari, Lectra CEO, presented his analysis of global textile and fashion industry in the 29th World Fashion Convention
Mr Daniel Harari, Lectra CEO, presented his analysis of global textile and fashion industry in the 29th World Fashion Convention, organized by the International Apparel Federation (IAF) from September 23 to 27 in Shanghai. In his presentation, he stressed the importance of adopting hybrid business modal by accompanying fashion companies during the transformation for solution providers.
This edition was the first to take place in China. International experts, from production, brands, and distribution, focused on the theme “How to create value throughout the global fashion supply chain?”
During the inaugural session, Mr Harari was invited to express his views on the fundamental question: “How to build the future in the new international context in the textile and fashion industries?” He presented his analysis of the strategies the key players in the sector have carried out with success.
“For several years, I have observed the emergence of companies that are developing a hybrid business model at the boundary between brand, distributor and manufacturer. They often stand out by taking advantage of the best of each world, while having different business models for each one of them. I think the same is true of the big fast fashion brands and Chinese manufacturers who are now developing their own brands, sometimes even in the international markets,” commented Mr Harari.
“The fashion industry has undergone much faster and more profound changes than most other sectors, and Lectra knows how to address them owing to its expertise,” he added. “Our ambition is to help our customers to reinvent the rules of the industry by adding value to companies that are rethinking their business plan in a shifting environment, as this value is more lasting than technological advances alone. It seems essential to us to accompany fashion companies during this transformation.”
Lectra provides integrated technology solutions that automate, streamline and accelerate product design, development and manufacturing processes for industries using soft materials.
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