News
Overcoming new frontiers in fashion retail marketing
Author: Nadia Pelekanos
Region
Global
Date
24 April 2024
Conquering complexity: Overcoming new frontiers in fashion retail marketing
Fashion retailers today face a perfect storm of challenges. These include recent advances in AI, emerging new eCommerce players, sustainability imperatives, shopper volatility and supply chain vulnerabilities.
Survival of the flexible
The post-pandemic era has seen the retail landscape change at an accelerated pace and the ability of retailers to adapt to changing market conditions and shopper behavior is paramount. We live in a time where the tempo of change demands that retail marketers be more dynamic than ever.
The push for sustainability is placing additional pressure on brands and retailers. Meeting new shopper expectations while responding to stringent regulations requires enhanced skills in supply chain governance, carbon footprint tracking and sustainable labeling practices. It’s a delicate balancing act between ecological responsibility and commercial viability.
Navigating the new normal
Between the impact of climate change and geopolitical conflicts, stock flow and manufacturing deadlines are becoming harder than ever to regulate and predict. Meanwhile, seasonal forecasting has become a game of probabilities, demanding new resilience and operational foresight.
These issues are compounded by consumer expectations that fluctuate with the tide of trending news stories and influencer posts. Fast fashion, the outcry for ethical practices and the scrutiny of supply chain conditions have left a mark on retail brands. Amidst such uncertain circumstances, retailers must tread carefully, measuring consumer sentiment against economic pressures for efficient deliveries.
To remain competitive with platforms that embrace technological innovations, retailers have to transform into “always-on” entities, maintaining a presence across the multiple channels that their consumers occupy. This omnichannel approach is crucial to capturing and retaining customer attention.
Partnering against unpredictability
The right partner can help turn these challenges into opportunities to stay ahead of the crowd. At HH Global, we’ve mirrored the adaptive nature of our clients, cultivating innovative solutions such as “Conscious Creative” program, which arms marketers with the tools and insights necessary for sustainable retail marketing. We’re also expanding and educating our global sourcing network through our Sustainable Procurement Framework to demand and secure more sustainable materials and behavior.
In addition, our clients do not have to struggle to find the right balance between offline and online campaign development either. Our creative and digital studios and global delivery hubs are seasoned in orchestrating campaigns and can adopt, adapt and design seamlessly across environments, channels and borders from content creation through delivery.
We’re pressing ahead with technological innovations including GenAI to help retailers streamline processes, leverage greater efficiency and improve speed to market – for example, to expedite creative ideation, campaign creation and delivery. We’re also using joint business planning, data and insights to accurately forecast campaign activation budgets for clients, drawing on a combination of previously gathered data and projected inflation and material costs.
We are committed to applying these capabilities to support the challenges that retail faces and build resilient and flexible solutions that can adjust to unpredictable developments, such as moving sourcing between regional production hubs or shifting to fully local production and deploying next generation approach to stock management to minimize potential disruptions. From managing campaigns and retail planning to infusing digital innovation and promoting responsible GenAI, we provide a comprehensive suite of services that cover the entire marketing spectrum.
A symphony of capabilities
HH Global is uniquely positioned to empower brands to compete, comply and succeed in today’s complex and competitive retail environment. Our services and solutions provide a strategic advantage in the relentless pursuit of excellence – one that takes today’s challenges and turns them into opportunities to make a big impact for our clients.
To find out how HH Global can help you with your brand and retail marketing contact us.
Nadia Pelekanos
Chief Client Officer
Nadia is responsible for creating and executing transformative programs that deliver measurable value and growth for our global brand clients. As well as managing a portfolio of key client accounts, she is responsible for driving the overall strategic direction for the Retail and Fast-Moving Consumer Goods (FMCG) industry sectors at HH Global, ensuring our solutions propositions are aligned to our clients’ needs and performance ambitions.