UMKC experts: Self-disruption challenges a modern fashion industry in flux

May 16, 2019  |  Phillip Gonsher

Editor’s note: This article is sponsored by the University of Missouri-Kansas City’s Regnier Institute. The opinions expressed in this commentary are the authors’ alone.

[divide]

When thinking of the fashion industry, the first thing that (rightfully) comes to most people’s minds is the final garment on the shelf. However, there are a tremendous number of challenges and complexities involved in bringing that final garment to market. In recent years, those complexities in the fashion production industry have only grown.

[pullquote]

Bloch VentureHub Entrepreneurial Workshop Series

Phillip Gonsher and Jennifer Niehouse-Fox are set to deliver a workshop, “Challenges of the Fashion Industry,” Tuesday May 21 and Wednesday May 22 at the UMKC Bloch VentureHub, 4328 Madison Ave., KCMO.

Click here to sign up for Tuesday’s workshop.

Click here to sign up for Wednesday’s workshop.

[/pullquote]

Amazon has designed processes to get orders to us the same day. Everyone is in a rush for instant gratification in consumer interaction. With this demand for quick turnaround, there are bound to be disruptions that prove to be chaotic for today’s consumers and fashionistas.

The fashion industry today is in a state of flux. Technology, social media, and younger consumers’ preference for novelty brands have accelerated the “race against time” challenges, which leads to self-disruption.

Self-disruption is when couture fashion brands, such as Prada, are forced to change their business models and compete against “challenger” brands, such as Reformation.

On the other end of the spectrum are the personal, individual, and consumer choices to be had among Fast Fashion versus Slow Fashion versus Sustainable Fashion. Studies show the textiles industry is the world’s second-biggest industrial polluter, behind oil. So how do we allow brands like TopShop to introduce 400 styles a week on its website? That’s a large environmental footprint.

Lucy Siegle, author and journalist, summed it up in the documentary, “The True Cost: Fast fashion isn’t free. Someone, somewhere is paying.”

If you are a retailer or producer wanting to learn more about the business of fashion, sign up for our interactive two-hour workshop May 22 and May 23 focusing on the changing fashion industry and how supply chain and technology has driven to just-in-time delivery of fads and trends in the soft goods segment.

We will look at the disruptions that have caused designers and suppliers to rethink strategic timelines in imaging, creating and delivering fashion in a way that will reduce excessive production costs and distribution aggregator’s challenges. We will identify retail trends and forecast where the future of fashion might be heading.

Participants will emerge from the workshop with a greater understanding of the historical perspective of supply chain management in the soft goods fashion industry, where we are today with just-in-time product delivery, and the shift from company-provided goods and services to consumer-driven fulfillment of needs and wants.

[divide]

Phillip Gonsher is a teaching professor with the Henry W. Bloch School of Management and assistant director with the Regnier Institute for Entrepreneurship and Innovation, both at the University of Missouri-Kansas City. Gonsher was an entrepreneur in the fashion industry, owning and managing his own business in the industry for many years.

Jennifer Niehouse-Fox is the founder and CEO of It’s So U, a professional image consulting firm that works with corporate clients, educational institutions, and individual clients to help clients project a professional and confident appearance.

[adinserter block="4"]

2019 Startups to Watch

    stats here

    Related Posts on Startland News

    The WTF Series: Big data

    By Tommy Felts | September 17, 2015

    On a daily basis, Ben Kittrell translates the jargon-filled world of technology for clients of his tech consultancy. The Words that Frustrate (WTF) series aims to offer readers some clarity in an industry dominated by techies’ confusing argot. I don’t remember if I had heard the term “Big Data” before 2012 but after attending South-by-Southwest that year…

    Roberts: 5 things the world can learn from KC entrepreneurs

    By Tommy Felts | September 16, 2015

    This week, entrepreneurship is king in Kansas City. As we welcome the world to our burgeoning tech hub during Techweek, it’s tempting to think that Kansas City’s startup community is a new phenomenon. But in fact, the names of the city fathers (and mothers) — the Kauffmans, Kempers, Blochs and Helzbergs — that adorn almost…

    Markel: Education fix can fill local talent gap

    By Tommy Felts | September 14, 2015

    Carrie Markel is a co-founder of The Lean Lab, a Kansas City-based education incubator that helps educators create and implement innovative ideas in schools to help students. It was August of 2013, and I was readying my classroom for 24-second graders. I had neatly arranged six groups of four chairs with their own supply buckets,…

    Startup families: 3 similarities between my new baby and business

    By Tommy Felts | September 2, 2015

    Starting a company is hard. Having a baby is hard. Doing both at the same time is kind of insane. But one major advantage of living in the Midwest is that founders have the ability to do both. In the coming months other founders will share their stories, experiences, and advice for having the best…