Marketing & Media trends
Construction & Engineering trends
- 3 major trends in the commercial property space in AfricaPeter Hodgkinson
- A bright horizon for South Africa's energy landscapeBarry Bredenkamp
- Achieving developmental goals through constructionCyril Vuyani Gamede
CSI & Sustainability trends
- Time for NPOs to show their real impactKeri-Leigh Paschal
- 5 sustainability trends that will shape business in 2021Christelle Marais
- 4 trends set to continue or be re-interpreted in the NGO sectorInnocent Masayira
- Strengthening NPO skills and processesNazeema Mohamed, Feryal Domingo and Soraya Joonas
- Sustainability is key for social investment in 2021Keri-Leigh Paschal
- 4 trends in employee skills development and training you need to know for 2021Siphelele Kubheka and Desikan Naidoo
Energy & Mining trends
- 10 predictions around fintechDominique Collett
- The 4 themes for the new yearAndrew Duvenage,
- 3 wealth management trends to watch in 2021Maarten Ackerman
- 4 strategies to rethink investing in SMEsKuhle Mnisi
- Microinsurance ready to reach new heightsMarius Botha
- Finding alpha in the age of Covid-19Nema Ramkhelawan-Bhana
- Purpose or profit. It's not a choiceMike Middleton
- Shifting towards a digital - but still human - approachHenry van Deventer
HR & Management trends
- 4 areas in which your business can practice its swivelFrancois Kriel
- 5G is coming. Here's what it could mean for SASamantha Naidoo
- 3 big issues demanding legal attention this yearJonathan Veeran, Nozipho Mngomezulu and Burton Phillips
Logistics & Transport trends
Marketing & Media trends
- Tech democratisation will set the tone for 2021Andrew Smit and Johan Walters
- Auction industry survival depends on going virtualJoff van Reenen
- Covid-19 drives new trends in local property marketMarcél du Toit
- A bold year for beveragesAlex Glenday
- Acceleration of digital paymentsJonathan Smit
- Safety vs sustainability - the packaging industry's key conundrumNthabiseng Motsoeneng
- The evolving e-tail landscapeVilo Trska
#BizTrends2020: More tech, eco initiatives & homegrown championing for SA fashion
Let's take a look at what we can expect from the South African fashion industry in 2020.
Sustainability an even greater focus
We still see local designers adopting sustainability and we agree that this is an urgent need and natural fabrics are grown more organically, minimising the impact on our ozone layer. It will, however, take quite some time for us to see the impact in South Africa.
We are, however, very pleased to find that bigger fashion influencers such as SA Fashion Week devised a five-year plan to commit to sustainability. Director of SAFW (SA Fashion Week) Lucilla Booyzen believes that collective efforts from local designers and retailers will assist in the attempts of damage control going forward.
This will take conscious and purposeful action and awareness creation, as we have quite a long way to go before we see the impact of change. Although there is still awareness of sustainability in SA there is still a long way to go before we truly see the results or impact of change in SA.
3D artificial options
As the 3D garment simulation continues, Figure Forms supplies its forms as options in virtual avatars. These avatars are matched to the customer’s required garment fit standards and the customer is able to have an accurate virtual 3D overview of the possible fit of their garments, and alleviate possible fit problems which may occur.
Consistency in shape distribution, body posture, and fit is achieved and ensures consistency across supply chain from concept to garment and final quality assurance (QA). Figure Forms is working in conjunction with many of the leading garment simulation systems to bring these solutions to our customers when required.
Intelligent access to designer information
The use of technology not only helps to reduce time and waste but has become a key method of translating messages from designer to consumer. This encourages greater transparency of ethical information and helps the consumer to get to know the designer better.
LMVH winner Thebe Magugu, teamed up with Verisium, a Russian technology company that created a chip, which Magugu uses in his garments and consumers simply access the garment information via their cellphones.
CEO of EON, a global technology and recycle centre, believes that recycling bins will be used not only for glass but also old shirts. Their centre will turn the fabric into fibres and reduce water wastage and Ozone damage often found in the production of manmade fibres.
Brick-and-mortar stores remain relevant
Although there is a growing percentage of online shopping, in a study conducted show that 70% of customers still prefer going into stores, but still desire a convenient shopping experience. On average the return rate for online shopping is more or less 25% vs the return rate for physical stores is 16%. There is still a need for a physical store.
A recent survey done at the LIM College, concluded that the Gen Z generation still prefers in-store shopping to online browsing. As most of them do not own credit cards and prefer the social gratification of shopping malls. Gen Z is the next generation of influencers and is more aware of their fashion preferences.
More local development opportunities
Chinese markets becoming are difficult to trade with and there is a continued urge to grow continued support for local designers and opportunities for SMEs. The DAC and Small Enterprise Development Agency (SEDA) create business opportunities for SA emerging designers to exhibit their work at numerous global platforms. Other opportunities include skills development programmes, like the Designer Indaba Emerging Creatives programme – which assists 40 creatives annually.