Executive Summary

On October 17, the Coresight Research team attended the Sourcing Journal’s Sourcing Summit New York. The event brought together supply chain executives to discuss existing challenges and new technologies in apparel. These are some of our key insights from the event:

• The fashion business has changed: It is being forged by more demanding consumers, an ever-changing retail landscape and the emergence of new technologies.
• Industry leaders are developing new strategies to mitigate sourcing costs.
• Digitally native direct-to-consumer (DTC) brands are focused on brand design, branding, and digital ads – and are looking for solutions that make their products cheaper, better and more efficient.
• Sustainable sourcing at scale is top of mind.