Creative Destruction

What Are The Established and Emerging Business Models in The Global Fashion Industry Today?

What Are The Established and Emerging Business Models in The Global Fashion Industry Today?

This is the third in a series of six articles about problems and opportunities in global supply chains, with a focus on the fashion industry. In this article we explore established and emerging business models in the fashion retail industry. If you have not read the first two articles in the series you may do so using the following links: The Fashion Supply Chain Is Broken and Where Will Technological Disruption in The Fashion Supply Chain Come From? However, reading those two articles is not a prerequisite for following this discussion.

Where Will Technological Disruption in The Fashion Supply Chain Come From?

Where Will Technological Disruption in The Fashion Supply Chain Come From?

This is the second in a series of six articles about problems and opportunities in global supply chains, with a focus on the fashion industry. In this article we focus on trying to learn how executives at fashion industry incumbents may learn how to predict technological disruption in order to develop appropriate responses to the evolving environment that surrounds their companies. We start by briefly surveying some of the theory about disruption. Then, we delve into a  series of brief historical analyses of technological disruptions in a number of industries. We try to understand those episodes by using the theoretical foundations developed earlier. Finally we ask the question that forms the basis for this article, by posing questions about potential sources of disruption in the global fashion industry, the issues that every team of c-level executives in the industry worries about daily.