Innovation of Shared Value Models in the Fast Fashion Industry Based on Big Data

With the rapid development of the global economy, consumer demand is becoming increasingly personalized and diversified. The fast fashion industry, as a vital part of the fashion world, is also facing new opportunities and challenges. The rapid development of big data technology, when applied to the fast fashion industry, can transform traditional business models, promote the innovation of shared value models, and enhance the core competitiveness of the fast fashion industry. This paper first analyzes how big data reshapes the shared value model of the fast fashion industry, gradually improving market responsiveness and optimizing supply chain management, thereby bringing new growth momentum to the industry's development. It then proposes specific application strategies based on actual development conditions and predicts future development trends, providing valuable reference for the transformation and upgrading of the fast fashion industry in the big data era.

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Publication Details

Journal
Frontiers in Business Economics and Management
Published
2024-08-30
DOI
https://doi.org/10.54097/8kfkv279
Primary Topic
E-commerce and Technology Innovations
Type
article
Field-Weighted Citation Impact
0.00
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article

Innovation of Shared Value Models in the Fast Fashion Industry Based on Big Data

Xiaoxun Zhu
Frontiers in Business Economics and Management
E-commerce and Technology Innovations
article

Innovation of Shared Value Models in the Fast Fashion Industry Based on Big Data

Xiaoxun Zhu
article en

Abstract

With the rapid development of the global economy, consumer demand is becoming increasingly personalized and diversified. The fast fashion industry, as a vital part of the fashion world, is also facing new opportunities and challenges. The rapid development of big data technology, when applied to the fast fashion industry, can transform traditional business models, promote the innovation of shared value models, and enhance the core competitiveness of the fast fashion industry. This paper first analyzes how big data reshapes the shared value model of the fast fashion industry, gradually improving market responsiveness and optimizing supply chain management, thereby bringing new growth momentum to the industry's development. It then proposes specific application strategies based on actual development conditions and predicts future development trends, providing valuable reference for the transformation and upgrading of the fast fashion industry in the big data era.

Frontiers in Business Economics and ManagementVol. 16(2)
Pioneer (United States) (US)
Openalex Percentile: Top 72%
E-commerce and Technology Innovations
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Innovation of Shared Value Models in the Fast Fashion Industry Based on Big Data — Xiaoxun Zhu · Frontiers in Business Economics and Management (2024) | TGRS Research Map | TGRS