Abstract
The fashion industry is one of the most important industries in the world. Traditional studies and research on the fashion business are mostly empirical in nature, e.g., via case studies and empirical analysis. However, there is a need for establishing solid theoretical foundations to support the development of fashion business into a strong academic field. In this introductory chapter, we first briefly outline the topic on analytical modeling research in fashion business. We then concisely introduce the papers featured in this book in three parts, namely reviews and discussions; theoretical economic models; and engineering models, applications, and cases. Future research directions are discussed.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsReferences
Bucci MJ, Woolard R, Joines J, Thoney K, King RE (2014) Incorporating economies of scale into facility location problems in carpet recycling. J Text Inst 105(12):1300–1311
Cachon GP, Swinney R (2011) The value of fast fashion: quick response, enhanced design, and strategic consumer behavior. Manage Sci 57(4):778–795
Caro F, Gallien J (2010) Inventory management of a fast-fashion retail network. Oper Res 58(2):257–273
Caro F, Gallien J (2012) Clearance pricing optimization for a fast-fashion retailer. Oper Res 60(6):1404–1422
Chiu CH, Choi TM, Tang CS (2011) Price, rebate, and returns supply contracts for coordinating supply chains with price dependent demands. Prod Oper Manag 20(1):81–91
Choi TM (2007) Pre-season stocking and pricing decisions for fashion retailers with multiple information updating. Int J Prod Econ 106:146–170
Choi TM (2013a) Optimal apparel supplier selection with forecast updates under carbon emission taxation scheme. Comput Oper Res 40:2646–2655
Choi TM (2013b) Optimal return service charging policy for fashion mass customization program. Serv Sci 5(1):56–68
Choi TM (2013c) Local sourcing and fashion quick response system: the impacts of carbon footprint tax. Transp Res Part E 55:43–54
Choi TM (2013d) Carbon footprint tax on fashion supply chain systems. Int J Adv Manuf Technol 68:835–847
Choi TM (2013e) Game theoretic analysis of a multi-period fashion supply chain with a risk averse retailer. Int J Inventory Res 2:63–81
Choi TM (2013f) Multi-period risk minimization purchasing models for fashion products with interest rate, budget, and profit target considerations. Ann Oper Res. doi:10.1007/s10479-013-1453-x (in press)
Choi TM, Chow PS, Xiao T (2012) Electronic price-testing scheme for fashion retailing with information updating. Int J Prod Econ 140:396–406
Choi TM, Hui CL, Liu N, Ng SF, Yu Y (2014) Fast fashion sales forecasting with limited data and time. Decis Support Syst 59:84–92
Donohue K (2000) Efficient supply contracts for fashion goods with forecast updating and two production modes. Manage Sci 46(11):1397–1411
Eppen GD, Iyer AV (1997a) Backup agreements in fashion buying—the value of upstream flexibility. Manage Sci 43(11):1469–1484
Eppen GD, Iyer AV (1997b) Improved fashion buying with Bayesian updates. Oper Res 45(6):805–819
Hu ZH, Wei C, Yu XK (2015) Apparel distribution with uncertain try-on time by evolutionary algorithm. Int J Clothing Sci Technol 27(1):75–90
Hu ZH, Yu XK (2014) Optimization of fast-fashion apparel transshipment among retailers. Text Res J. doi:10.1177/0040517514538695 (published online)
Iyer AV, Bergen ME (1997) Quick response in manufacturer-retailer channel. Manage Sci 43(4):559–570
Jia P, Govindan K, Choi TM, Rajendran S (2015) Supplier selection problems in fashion business operations with sustainability considerations. Sustainability 7:1603–1619
Li J, Choi TM, Cheng TCE (2014a) Mean-variance analysis of two-echelon fast fashion supply chains with returns contract. IEEE Trans Syst Man Cybern Syst 44:422–434
Li Y, Xu L, Choi TM, Govindan K (2014b) Optimal advance-selling strategy for fashionable products with opportunistic consumers returns. IEEE Trans Syst Man Cybern Syst 44:938–952
Petruzzi NC, Monahan GE (2003) Managing fashion goods inventories: dynamic recourse for retailers with outlet stores. IIE Trans 35:1033–1047
Shen B, Choi TM, Wang Y, Lo CKY (2013) The coordination of fashion supply chains with a risk averse supplier by the markdown money policy. IEEE Trans Syst Man Cybern Syst 43:266–276
Tereyagoglu N, Veeraraghavan S (2012) Selling to conspicuous consumers: pricing, production, and sourcing decisions. Manage Sci 58(12):2168–2189
Wang M, Liu J, Chan HL, Choi TM, Yue X (2015) Effects of carbon tariffs on duopoly market entry decisions and price competition: insights from textile firms of developing countries. Int J Prod Econ. doi:10.1016/j.ijpe.2015.07.025 (in press)
Wu AWD, Chiang DMH (2011) Fashion products with asymmetric sales horizons. Naval Res Logistics 58:490–506
Xiao T, Yang D, Choi TM, Cheng TCE (2014) Optimal reservation pricing strategy for a fashion supply chain with forecast update and asymmetric cost information. Int J Prod Res. doi:10.1080/00207543.2014.998789 (in press)
Yang D, Choi TM, Xiao T, Cheng TCE (2011) Coordinating a two-supplier and one-retailer supply chain with forecast updating. Automatica 47:1317–1329
Yeung WK, Choi TM, Cheng TCE (2010) Optimal scheduling in a single-supplier single-manufacturer supply chain with common due windows. IEEE Trans Autom Control 55:2767–2777
Yu Y, Choi TM, Hui CL, Ho TK (2011) A new and efficient intelligent collaboration scheme for fashion design. IEEE Trans Syst Man Cybern Part A 41:463–475
Zheng J, Chiu CH, Choi TM (2012) Optimal advertising and pricing strategies for luxury fashion brands with social influences. IEEE Trans Syst Man Cybern Part A 42(4):827–837
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2016 Springer Science+Business Media Singapore
About this chapter
Cite this chapter
Choi, TM. (2016). Analytical Modeling Research in Fashion Business: An Introduction. In: Choi, TM. (eds) Analytical Modeling Research in Fashion Business. Springer Series in Fashion Business. Springer, Singapore. https://doi.org/10.1007/978-981-10-1014-9_1
Download citation
DOI: https://doi.org/10.1007/978-981-10-1014-9_1
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-10-1012-5
Online ISBN: 978-981-10-1014-9
eBook Packages: Business and ManagementBusiness and Management (R0)