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Improving the Economic Sustainability of the Fashion Industry: A Conceptual Model Proposal

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  • Dejana Nikolic

    (Faculty of Organisational Sciences, University of Belgrade, 11000 Belgrade, Serbia)

  • Milica Kostic-Stankovic

    (Faculty of Organisational Sciences, University of Belgrade, 11000 Belgrade, Serbia)

Abstract

This study aimed to define the specific relationships between fashion style preference on the one side and product, promotion, word of mouth (WOM) and fashion lovers’ behavior on the other side during the COVID-19 crisis. Structural equation modelling (SEM) analysis was employed to unveil the mutual relations of the two and to verify the proposed conceptual model. The conceptual model was tested based on the answers of 642 respondents. The preference for a specific fashion style proved to have an impact on the product, promotion, WOM and fashion lovers’ behavior during COVID-19. Moreover, those elements have an impact on the frequency of fashion apparel consumption. Based on these results, fashion companies can tailor their activities in line with the predominant style of their fashion apparel to improve their economic sustainability during the post-COVID-19 era.

Suggested Citation

  • Dejana Nikolic & Milica Kostic-Stankovic, 2022. "Improving the Economic Sustainability of the Fashion Industry: A Conceptual Model Proposal," Sustainability, MDPI, vol. 14(8), pages 1-16, April.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:8:p:4726-:d:794248
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    References listed on IDEAS

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    6. Chan, Alan T.L. & Ngai, Eric W.T. & Moon, Karen K.L., 2017. "The effects of strategic and manufacturing flexibilities and supply chain agility on firm performance in the fashion industry," European Journal of Operational Research, Elsevier, vol. 259(2), pages 486-499.
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    1. Eleonora Di Maria & Marco Bettiol & Mauro Capestro, 2023. "How Italian Fashion Brands Beat COVID-19: Manufacturing, Sustainability, and Digitalization," Sustainability, MDPI, vol. 15(2), pages 1-20, January.

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