More than any other topic, supply chain dominated the fashion industry’s conversations last year, resulting in a record $65.6 billion invested in the space, according to Pitchbook data. That’s up from $38.4 billion in 2020.
The issues plaguing supply chains first arose when online shopping dramatically grew during the pandemic’s first year, catalysing persistent labour shortages, shipping delays and rising costs. More e-commerce sales meant swelling demand for shipping and warehousing, congesting ports and stretching the existing global logistics infrastructure thin. Regional Covid-19 outbreaks led to manufacturing disruptions around the world, and even now as the surge in e-commerce has eased, the Russian invasion of Ukraine is further exacerbating the cost of transportation. Maybe you interested buy backlinks.
These relentless challenges have kept fashion executives and investors on their feet, resulting in a flux of capital going toward myriad new innovations in the space.
“Disruptions due to Covid just