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Case Study

The future of the fashion industry in a post-Covid-19 world

By Niccolò Pisani and Inès Augier

9 pages

March 2021

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Reference: IMD-7-2266

In 2020, the global fashion industry was faced with substantial disruptions. The COVID-19 pandemic had had disruptive consequences, both on the demand and supply sides. But the fashion industry was in distress long before the pandemic struck. In the last decade, the industry had come under intensifying scrutiny for being exploitative, environmentally damaging, and unsustainable. Numerous stakeholders were increasingly concerned about environmental issues, such as the impact of textile production and waste on climate change, as well as social issues, such as exploitative labor conditions for low-wage workers at the bottom of the value chain, especially in developing countries. Emilie had been asked to prepare a proposal on the future of the fashion industry in the post-pandemic era. She was due to present her proposal to the board the following Monday.

Learning Objective

Understand how the COVID-19 pandemic disrupted the global fashion industry.
Analyze macro-economic factors shaping the global fashion industry.
Evaluate the attractiveness of the global fashion industry.
Identify key industry trends post-pandemic.

Keywords

Fashion, Digital, Digital Disruption, Disruption, Sustainability Strategy, Circular Economy, Fast Fashion, COVID-19, Pandemic, Crisis Management, Decent Work Conditions, Industry Innovation, Responsible Production, Responsible Consumption, Climate Action

Settings

World/global
Consumer Goods, Apparel and Fashion
2019-2021

Type

Published Sources

Available Languages

English

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SIX Payment Services (A): Disruptive innovation in the European payments industry? (Spanish translation)

By Michael R. Wade and Christopher Zintel
Case reference: IMD-7-1543-ES ©2021

Summary

The payment processing industry in Europe had operated in largely the same way for decades. A standard system of financial processing and clearing ensured a steady profit pool for most of the players. However, the payments system in Europe was facing threats on a series of fronts, including changing regulation that shifted power away from some incumbents, lower prices, new competitors, and more demanding customers. One of the region’s large players, Swiss-based SIX Payment Services, needed to decide how to respond to these threats.

Reference IMD-7-1543-ES

Organization Six Payment Services

Industry Finance and Insurance, Financial Services

Available Languages Spanish

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