Home / Apparel / Fashion / Design/ SL Apparel’s willingness to transform, adapt and advance will define its future, predicts expert

SL Apparel’s willingness to transform, adapt and advance will define its future, predicts expert


Comments / {{hitsCtrl.values.hits}} Views / Tuesday, 11 December 2018 00:00

Facebook

Kurt Cavano the Founder and President of  GT Nexus and Infor company

Kurt Cavano, Founder of GT Nexus – an Infor company – co-chaired the ninth annual South Asian Apparel Leadership Forum held in Colombo, Sri Lanka in 2018. It was the dedicated apparel business intel forum held as part of the Mercedes-Benz Fashion Week Sri Lanka. Here, Cavano shared new insights around disruption and innovation in the fashion business – and described how the local industry can transform to continue its growth and take a leadership role. 

The apparel retail world continues to bear the weight of massive economic and social pressures ranging from rising customer expectations, amazon/e-commerce demands, and shifting trade and tariff laws. At the same time, there’s been an explosion in technology and computing power that empowers small startups to bring new models to market, and tech-savvy apparel providers to harness AI and social media to engage with customers in new ways that better meet their needs. Some industries and enterprises have tended to pushback against change and innovation. The Sri Lanka apparel community has been at the forefront – embracing transformation and change and applying it everywhere from facilities, to fabrics, to production processes and into strategic co-innovation programs with brands.

Cavano emphasised that change and innovation should be embraced, instigated and steered as Sri Lanka must continue pressing forward.

“Most industries, fear change,” Cavano said.“Some anticipate it and prepare for it by strategising and mitigating risk – which is good. But, Sri Lanka’s apparel industry not only prepares but charges towards change – which, I think is fantastic. And we should all applaud this.”Cavano encouraged the industry to continue this trait, and highlighted it as the quality that will define the future of Sri Lanka Apparel, and set them apart from the rest. 

Years ago, the apparel industry began sourcing as a way to capture low costs. Cheap labour and materials were the primary draws to places like Sri Lanka. Today, that dynamic has shifted. Brands and retailers are all about improving customer service and finding new ways to delight consumers. They turn to the Sri Lanka community for ideas, innovation and opportunities. They tap companies like MAS, Hirdaramani and Brandix to produce and deliver new products to differentiate their brands. It’s important to keep asking, “What’s next? What new products or services can we create that will deliver value to brands and consumers?”

This was Cavano’ssixth year contributing to the knowledge-base and expansion of the Sri Lankan apparel industry. He has always taken a strong stance on the role of the value chain in the evolution of the fashion business. Cavano, founded GT Nexus – now an Infor company – which went on to become the best known cloud-based global supply chain management system with clients spread across all continents, making it the largest cloud platform of its kind. With a BS in Bioscience from Penn State University and an MBA from New York University, Cavano serves on several boards including the American Apparel and Footwear Association and the American Apparel Producers Network. He travels the world speaking and writing on topics concerning technology, international trade and global supply chain management. He was even listed among the World Trade Magazine’s 50 most influential people. It is this wealth of experience and fashion business know-how that Cavano brought over to Sri Lanka at the South Asian Apparel Leadership Forum.


Share This Article

Facebook Twitter


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Trendvertising: The new world of communication in a hashtag world

Tuesday, 20 August 2019

Rahul Bose, an Indian actor, caught a lot of attention for a video post that went viral, where he complained about the price of bananas during his stay at a five-star hotel in Mumbai. As he explained in his story – he went to the gym at his hotel w


Company Law intertwined with Income Tax – Understanding the nexus! Part II

Tuesday, 20 August 2019

A comparison and analysing the impact of corresponding provisions of Companies Act No. 7 of 2007 and Inland Revenue Act No. 24 of 2017 reveals invaluable insights corporate management must be aware of in day-to-day management activities as well as st


Will ‘10 February’ be repeated?

Tuesday, 20 August 2019

Whilst Sri Lanka is in election mode, the thought crossing every Sri Lankans mind is, ‘Will the 10 February 2018 elections behaviour be repeated?’ given the head-start that ‘Brand Gota’ has got. Whilst many are speculating who will be the fig


Shanta Devarajan: Economist who cannot get disconnected from his motherland

Monday, 19 August 2019

For me, Shanta Devarajan, formerly the Acting Chief Economist of the World Bank Group succeeding the Nobel Laureate Paul Romer and presently Professor at Georgetown University, USA, was a legend by himself. When I met him in early part of the new mil


Columnists More

Special Report

SPECIAL REPORT MORE