By  on January 31, 2019

Rory Tahari, cofounder of State of Mind Partners, and a board member, former president and chief marketing officer of Elie Tahari, on Wednesday spoke about the massive disruption occurring in the fashion industry, which she attributed to three big elements: data, discounting and price transparency.

As the keynote speaker at the Young Jewish Professionals Fashion & Luxury Forum in New York, Tahari said fashion is a $2.4 trillion industry, and it has changed in profound ways that the current leadership is not capable of addressing. “The revolving door is higher than in any other industry, by double digits,” she said. “And yet the industry keeps recycling the same designers and the same ceo’s over and over. And everyone keeps expecting different results.”

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