Better Customer Lifetime Value (CLV) forecasts help you maintain a better inventory, plan production properly and avoid overspending by having finished goods pending deliveries, says Rajesh Balkrishna Padalkar.

In the recent past, the inclination of people towards sports is increasing; thus driving demand for sportswear. According to Dr J Anandha kumar, sportswear trend has been successful in transcending beyond the millennials and the younger generation to become a timeless trend that is here to stay.

Textile surfactants play an important role in the textile industry as one of the chemicals to enhance the manufacturing process. According to Puneet Arora, surfactants present a great opportunity for textile players and organisations that make use of textiles for production.

Fashion forecasting has refined itself in the previous two decades to become categorically specific and futuristic. In this article, Prof Kislaya Choudhary, Aditi Sharma and Pankti Patel of NIFT Mumbai explore the evolution of trend and forecasting landscape starting from the 17th century till its present form and post COVID-19 scenario.

Sustainability, like Corporate Social Responsibility, has evolved into a business model that no sector, including retail can afford to disregard. Retail sector is turning more sustainable as a result of changing customer habits, says Sanjay Vakharia.

While advanced technology, digital systems and automated processes offer benefits in productivity and efficiency of the factory, they are also effective in the sustainability initiatives. Going forward, the faster manufacturers adopt to technology and digitalization, the better they will be able to perform and align with the global trends, says B Prakash.