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These Trends May Define the Future of Luxury in Retail

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Retail is transitioning into a more connected, information-driven industry and luxury retailers are no exception. Although luxury players tend to move at a different pace and cater to a different kind of consumer, larger trends in the retail world can still have an effect. In its 2018 report titled, “The Future of the Luxury Department…

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