Blockchain

The report should focus on INNOVATION and new developments and research within the fashion industry. (blockchain) With its focus on designed obsolescence, the current fashion business model is unsustainable. Future success will depend on innovation in the supply chain and the design of business models to ensure that fashion businesses are socially, environmentally and economically sustainable across distribution channels. You are to explore one key area of innovation discussed in this unit (blockchain) and critically evaluate it as a sustainable strategic opportunity for fashion retailers. You will consider its impact on the buying process from concept to point of sale and the level of reaction and engagement, from customers Recommendations for the future should be blue sky thinking and conclude with where you feel fashion supply chains will be in 10 years from now. Students are expected to explore one of the innovations covered in the unit (blockchain) and critically examine how it can positively affect fashion business. All areas from concept to consumer should to be considered. Your recommendations should be focused on where you believe your specific innovation needs to go. Your conclusion should summarise what has been covered in the essay and should also sum up where your research has shown fashion supply chains will be in 10 years if your innovation is utilised. NOTE – the UHB includes a list of key topics covered, this is provided to give you an idea, other innovations will be covered as well or you could explore your own through your research. This is a 2,000 word critical essay, you will be assessed on your ability to research and then edit and condense key information. Your structure should follow an essay format, with an introduction, main body, recommendations and conclusion, followed by your bibliography and then your appendix, which should include transcripts of your primary research