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Masters of Scale

Rapid Response: Why the fashion industry needs a makeover, with Imran Amed

Masters of Scale

WaitWhat

Entrepreneurship, Business, Management, Reid Hoffman, Mindset, Diversity & Inclusion, Jeff Berman, Bob Safian, Startups

4.64.4K Ratings

🗓️ 2 July 2024

⏱️ 34 minutes

🧾️ Download transcript

Summary

The fashion world is at a sudden inflection point. Big luxury players are struggling, e-commerce markets are floundering, and ultra-fast players like Shein are disrupting. The Business of Fashion’s Imran Amed takes us inside the tumult, providing a framework to understand the trends and their larger economic impact. Plus: how manufacturers are adapting to new sustainability scrutiny, and the first year of Pharrell Williams’ tenure at Louis Vuitton. 

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Transcript

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0:00.0

Hi, it's Bob Safian. You've been hearing me as the host of rapid response in this feed for a few years now.

0:07.0

Well, I'm excited to share that rapid response has expanded into its own feed.

0:12.0

We're releasing shows twice a week,

0:14.3

focusing on the urgent issues

0:16.1

that business leaders are dealing with in real time.

0:19.9

While some rapid response episodes appear

0:22.4

on Masters of Scale,

0:23.6

many of our best are only available every week

0:26.5

in the rapid response feed.

0:28.5

To make sure you catch it all,

0:30.3

search for rapid response,

0:32.1

wherever you get your podcasts and subscribe.

0:35.0

See you on the other side.

0:38.0

The most interesting thing you can do

0:40.0

if you look at historical photos going back 50 or 100 years is to look at what people

0:48.2

are wearing. It gives you a sense of what's happening in the world at that time.

0:54.8

And so when we look back to 2024, Bob, and like the Hoka sneakers and the act leisure and

1:01.2

the street wear looks that people are

1:02.8

and things are a reflection of what's happening in the world right now.

1:06.4

And that's what makes fashion so powerful.

1:12.4

That's Imran Ahmed, founder and editor-in-chief of the business of fashion, the world's

1:17.6

preeminent authority on the fashion and luxury industry. Imran joins us in the wake of the latest Paris Fashion Week to explain a critical

...

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