Question

for unisex fashion brand

What would be a sustainable business model? What is the potential for building a global brand?

write about 300 words

(i posted the same question for 2 times to get different ideas

so please don't answer if u have already answered another one of mine)

Answer 1

Part-1
What is a Sustainable Business Model?

A sustainable business model is a model that allows an organization or a company to create and deliver values that a company requires without decreasing or depleting the economical and social resources of the organization.

Part-2
What would be a sustainable business model for a unisex fashion brand?

For a unisex fashion brand, a model which fulfills the following aspect can be a good business model:-
1- Smooth Supply of raw materials(Country like Bangladesh, India) are good sources for fabrics
2-Proper quality of raw material
3-Economical so that the overall cost of production can be reduced because of the very competitive market
4-Proper waste management and finding possible Re-use and Re-cycle of waste in order to reduce the cost and achieve the economies of scale
5-Proper supply chain management which enables a brand to focus on timely availability of stock at the places which require it.
6-Timely adaption of Trends and Fashion Upgrades.

Part-3
How to build a potential Global Fashion Brand?

We can understand this by an example of Khadi and village industries commission or the khadi india

Khadi which was not considered as a cloth to wear is now one the most rapidly growing fabric in India for the last 4 years it has grown at a rate of around 30% with the focus on marketing and change in the production techniques.

Khadi is a fabric which is very cheap and very easily available in India as well as there are a lot of artisans and workers directly related to the sector so for the promotion of khadi in the global level government started to promote this sector by involving the institutes which are considered as the best in the world for the Fashion industry. With the more available designs and taking the Trends of the market into consideration and by making things available on the E-commerce platform and by making the products supply chain so vast that the goods are easily available in any part of the country the khadi India has grown a lot. And for the last year, it has exported around 250 Crore worth of goods as well which makes it a global brand and is making a global presence.

So by the example, we can understand that the cost of raw material the marketing strategies and the change in trends can plan an important role in making a global brand