October 31, 2020

Germany’s fashion industry in change

1 min read

The German fashion industry is in turmoil: Will order rhythms change? Can orders be cancelled? And what will payment conditions look like? Berlin-based software start-up Betafashion just released a survey including data from about 500 German fashion industry players.

Some key findings: more than 50% do not accept order cancellations by their customers, again more than half of the companies will shift deliveries to a later date, and more than 75% expect pre-order rates to decline.

Here are the main results in graphic overview (created by Betafashion):

1. ORDER CANCELLATIONS/VALUE DATES

2. CARRY OVERS

3. DELIVERIES

4. PRODUCTION

5. OVERALL CHANGES

(Source: Betafashion)

READ ALSO:

One third of Germans want to spend less

“Covid19-Drop“ – A strategy for merchandise flow

Guest Contribution

“Covid19-Drop“ – A strategy for merchandise flow

Read more →

How much sustainability do consumers want?



Source

Leave a Reply

Your email address will not be published. Required fields are marked *