Better Business Founder

Covid Crisis and Opportunities For Independent Fashion Business Owners (Host on Mic)

Episode Summary

Today, Leekei is behind the mic talking about the opportunities for independent fashion business owners in the current COVID crisis and how they can adapt their business to start preparing the future of the fashion system. These are real challenges at every step of the value chain and it is difficult to see opportunities through all these difficulties. But brands need to rethink the way they have been working and find new ways to adapt to the circumstances. So the biggest opportunity is that the COVID pandemic has accelerated the transformation of the fashion industry. For many years, we’ve been talking about changing the fashion industry because it is too polluting and it supports a system of exploitation that is destroying the planet and that is unequal. Now, the COVID pandemic requires all fashion businesses to work DIFFERENTLY.

Episode Notes

Why the COVID pandemic could be an opportunity for the fashion system? (00:23)

Why small independent fashion business owners could play an effective role in the reshaping of the fashion system? (1:20)

Why you need to reframe your situation? (3:07)

How to manage your cashflow? (7:04)

Why you need to keep LEARNING? (8:58)

Why you need to learn from other industry sectors? (9:38)

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Mentioned in this episode: Turning the Tables by Simon Ratcliffe

Host: Leekei Tang

Contact: hello (at) betterbusinessfounder.com

Music credits: Mister Sunny Face by Wayne Jones / Blue Skies by Silent Partner / Happy Ukulele by Scott Holmes