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How Does COVID-19 Impact Luxury?

As the global coronavirus pandemic continues, entire industries are forced to reevaluate their business practices to ensure longevity once the crisis has subsided. Luxury retailers are among the verticals impacted, although the industry may fare better than originally thought. Despite store closures and the impending recession, investors remain optimistic. Big-name brands like LVMH and Kering are expected to recover.

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NGC Executives Earn Three 2020 Pros to Know Awards

Our very own Mark Burstein, Fred Isenberg and Roger Mayerson have been recognized as 2020 Provider Pros to Know by Supply & Demand Chain Executive. They were selected from a field of over 500 entries for their expertise in leading initiatives to prepare companies and their supply chains for the challenges that today’s business climate brings. The Pros to Know award recognizes executives whose accomplishments stand above and beyond, offering a roadmap for other leaders who wish to utilize their supply chains to gain a competitive advantage. Mark, Fred and Roger are shining examples of this form of leadership. By showing an unabashed commitment to transforming supply chains, Mark has earned his third consecutive Pros to Know award and Fred and Roger have earned their second consecutive award.

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Discussing the Future of Sustainable Fashion at Sourcing Journal’s Summit

NGC is excited to attend the Sourcing Journal’s Summit on sustainability in the fashion industry March 31 in New York City, as well as the American Apparel & Footwear Association (AAFA) Executive Summit this week. Sustainability has been on our mind very often lately as retailers continue to place an emphasis on creating sustainable clothes and supply chains. As a result, we’re looking forward to discussing the topic and developing solutions with industry leaders.

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NRF 2020: How a Digital Supply Chain Can Bring the Future Into Focus

In the retail world, the start of the holiday season is also the start of preparations for the biggest show of the year, NRF 2020: Retail’s Big Show. This year’s conference theme is all about bringing the future into focus, and its visionary quality inspires us to imagine just how impactful the digital supply chain can be in creating that future reality.

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Retailers Rank NGC #1 in Seven Categories in RIS Software Leaderboard ‘20

NGC has hit it out of the park for the eighth consecutive year in the RIS News 2020 Software LeaderBoard, this year with its highest rankings ever in retailer customer satisfaction.

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How Retailers Can Meet Gen Z’s Demands

Gen Z is the youngest generation and its members are already making a big impact on retail revenue. The generation is identified as the 86 million people born between 1997 and 2016, and it is expected to represent 40% of all shoppers by 2020. Today, this generation currently influences $600 billion of family spending.

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Discussing Fashion’s New Fundamentals at Sourcing Journal’s Sourcing Summit

We’re looking forward to joining supply chain executives in New York at Sourcing Journal’s Sourcing Summit next Thursday, Oct. 17. The event’s theme is the New Fundamentals, an important topic of discussion in the current retail environment. Through engaging keynotes, interactive discussions and detailed insights, top thought leaders will share their struggles, strategies and successes as they evolve the core of what the retail business is about.

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The Benefits of PLM Revealed in Latest just-style Articles

This month, NGC’s president Mark Burstein was featured in three articles in just-style’s online magazine, “What’s next for PLM?”, “Leveraging 3D and PLM to speed design and development” and “How to plan for a pain-free PLM implementation.” The articles were additionally abridged to “How clothing firms can fuel growth through strategic PLM,” which was published on the just-style website. To celebrate these articles being published, we’ve included highlights of Mark’s thoughts on the state of PLM in the questions and answers below.

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New NGC E-Book Reveals Why Digital Supply Chain Platforms Are the Key to Winning

It’s official: the newest NGC e-book is here. The latest in our series of long-form content reveals why a digital supply chain platform is the key to winning for today’s fashion retailers. Below, we’ve included some highlights from our e-book. If you’d like to read the full piece, you can download it here.

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The Capabilities and Benefits of a Digital Supply Chain Platform

Fast fashion, social media, one-day shipping and e-commerce have trained consumers to expect products when, where and how they want. On top of increasing expectations, younger consumers are driving overall trends towards “newness,” with one in seven considering it a fashion faux-pas to be photographed in the same outfit twice, according to McKinsey’s “The State of Fashion 2019.” The report additionally found that shoppers today buy 60% more clothing than they did 15 years ago, but consumers keep that clothing for only half as long as they used to.

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