Inside H&M’s $4B Inventory Challenge | Inside Fashion

The Business of Fashion Podcast

The Business of Fashion

Fashion & Beauty, Business, Arts

4.6 • 770 Ratings

🗓️ 2 August 2019

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Listen to BoF’s Lauren Sherman and Sarah Kent in conversation with John Thorbeck, chairman of Chainge Capital, as they discuss the challenges of inventory facing H&M, its competitors and the wider fashion industry.

Ready to become a BoF Professional? For a limited time, enjoy 25% discount on an annual membership, exclusively for podcast listeners. Simply, click here: http://bit.ly/2xNP5Rs, select the Annual Package and use code PODCASTPRO at the checkout.

For comments, questions, or speaker ideas, please e-mail: [email protected]. For all sponsorship enquiries, it’s: [email protected].

Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0	This is really a time of industry transformation. It's genuine.
0:07.0	We operate on the basis of long convoluted supply chains here. Does that just not work anymore?
0:13.0	Exactly. We like to talk about the digital consumer, but the truth is, you know, it may be a digital consumer, but it's still very much an analog supply chain.
0:23.4	Don't compare yourself to the industry. You're going to have to look outside the industry.
0:26.8	You really need to be looking at what Apple is doing, what are others doing that may be lessons to change the structure at H&U.
0:36.5	Hi, this is Imran Ahmed, founder and CEO of the Business of Fashion, and welcome to the
0:41.0	BOF podcast. This week, we go inside H&M's $4 billion inventory challenge.
0:47.2	It's the subject of a recent case study exclusively for BOF professionals written by
0:51.8	Sarah Kent, our sustainability correspondent.
1:00.8	Sarah joins John Thorbeck, Chairman of Change Capital, and Lauren Sherman, our chief correspondent in New York, to discuss the challenges of inventory, facing H&M and a wide range of players
1:06.1	within the fashion industry, who, because of a gap between what people actually want to buy and what these
1:12.4	companies are actually producing are sitting on greater and greater piles of inventory. And now that
1:18.3	it's become completely unacceptable for brands to simply destroy this inventory, it raises
1:23.7	the stakes for fashion players to think more carefully about matching supply with demand.
1:29.0	So here are Lauren Sherman, Sarah Kent, and John Thorback to discuss H&M's $4 billion inventory challenge.
1:38.8	So let's get started.
1:41.6	I think to start, Sarah, it would be super interesting to hear kind of
1:45.4	what the h-and-k study is and and how you just walk me through what what you put together
1:54.4	because it was a big project. It was a big project. We were kind of looking at the industry.
1:58.7	We were looking at the challenges facing retailers
2:02.2	across the industry, which I think everyone tuning into this will be aware of the fact that
2:07.3	across America's malls, the Europe's high streets, retailers are suffering. And we were trying
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Business of Fashion, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Business of Fashion and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.