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Women's fashion is not the only business that is seeing a shift of fashion consumption in China. Men's fashion is also experiencing a similar shift. With the growth of consumerism and the rise of the male consumer-hipster, men's fashion is becoming more in demand than ever. In fact, brands such as H&M and Tommy Hilfiger have recently partnered with fashion influencers to create their own signature style. The focus on fashion is shifting away from material objects towards the creation and appreciation of style. This shift is happening at the epicenter of consumption and is creating a new market.
In the past, the biggest challenge to the fashion industry was the lack of technology that could provide accurate data on material consumption. Better late than never, this market is now beginning to embrace the promise of IoT in fashion to achieve greater precision and efficiency in the supply chain. With the introduction of RFID and barcode technology, retailers are now able to better track the clothes they buy in order to ensure they have enough of each size available. With the rise of Chinese influence, the fashion industry has begun to realize that the future of the industry is in China and not in the United States or Europe. This shift in consumer culture has forced companies to learn and adapt to the new landscape.
The fashion industry is undoubtedly a challenging and exciting business. Not only is the industry often extremely competitive in terms of pricing, there is also a substantial amount of uncertainty associated with the industry. In fact, the industry is considered to be one of the most volatile of all industries.
As the industry continues to push itself to try and meet the demands of China's anti-pollution campaign, the industry has had to make drastic changes. In May 2015, Chinese consumers began to pay for their clothes before they were washed to avoid an average of 20 different chemical treatments on their clothes. This has caused a huge, if not unexpected, shift in fashion.
SheIn was initially only available to UK residents but now services markets as diverse as Canada and the Philippines. It is a global platform, connecting to fashion influencers globally to create more fashion spread personalisation for each individual user.
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