Page 84 - ABFRL SUSTAINABILITY REPORT 2016-17
P. 84

ReCognising

                                    STAKEHOLDER
                       T R E N D S  ENGAGEMENT






                                      Engagement
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                                                      A



                                                                     Constant and rapid change is an

                                                                     inevitable part of the fashion industry.
                                                                     Hence, at ABFRL, it is our endeavour
                                                                     to seed and drive change as often as
                                                                     we can and be an early mover for all
                                                                     the emerging trends. To that end, we
                                                                     constantly keep one ear to the
                                                                     ground, picking up early signals of

                                                                     shifting consumer wants, needs and
                                                                     taste. And, the other ear intently
                                                                     listening to experts, policy
                                                                     influencers and opinion makers, to
                                                                     spot emerging technologies, new
                                                                     materials, regulations, policies and
                                                                     competitors, and new strategies by
                                                                     old competitors.



                                                                     OUR APPROACH

                                                                     The initiation of successful trends can be traced back
                                                                     to a plethora of triggers, such as technological,
                                                                     cultural,  nancial, and demographical, either a
                                                                     combination of two or a coming together of all.
                                                                     Hence, we closely engage with experts to track,
                                                                     analyse and make predictions in each of the above
                                                                     areas, as it has always been our goal to keep abreast
                                                                     of the changing trends, landscapes and events which
                                                                     could be harbingers of disruptions. Our active
                                                                     participation in several industry forums helps us gain
                                                                     perspective of stakeholder sentiments and globally
                                                                     relevant issues in the apparel sector, as well as
                                                                     provides us with opportunities to learn from our
                                                                     global peers.







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