nyft lab fashion tech overview
DESCRIPTION
Ever wonder what exactly Fashion Tech is? Since we have yet to hear a great definition of the term and space, we've taken a stab at it. Fashion Tech is broader than most people think and is evolving at a breakneck speed, so we couldn't include ALL strata in the ecosystem in this one deck. Dive in and share with friends that are interested in the space, or someone that you think should know more about it. Please feel free to add companies or innovations that you think belong under "fashion tech" in the comments.TRANSCRIPT
Fashion Tech
Prepared by Lisa Morales-Hellebo / @lisahellebo / @nyftlab
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Fashion Tech
= innovations living at the intersection of fashion, retail, and technology
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$250 billion annual USA sales
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$1.7 trillion annual global industry revenue
http://www.fashionunited.com/global-fashion-industry-statistics-international-apparel
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1 Raw Materials
2 Fashion Goods
3 Sales
4 Advertising & Promo
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1 Raw Materials
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3D printed textiles
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3D printed buttons
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sourcing
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2 Fashion Goods
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design
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design
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design
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manufacturing
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manufacturing
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3D printing
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3D printing
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3D printing
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3D printing
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wearables
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wearables
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wearables
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wearables
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wearables
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wearables
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wholesale
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wholesale
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product lifecycle management
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3 Sales
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smart mannequins
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smart displays
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smart displays
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assortment & merchandising
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smart merchandising
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curated marketplaces
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curated marketplaces
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recommerce
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fit-tech
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checkout
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checkout
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instant fulfillment
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4 Advertising & Promo
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in store targeting
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in store targeting
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tablet sales tools
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loyalty promo
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event & sample management
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data analytics & visualization
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algorithmic shopping, semantic commerce, geo-targeting, internet of everything,
open commerce, shopping cloud, augmented reality, contextual search, market of
one, smart sales teams, smart fitting rooms, 3D print on demand clothing, in-store
directional mobile shopping experiences, nowness, digital experiential shopping,
peer-to-peer commerce, disassembling of silos, direct to consumer, collaborative
consumption, recommerce, consumer influence, collaborative storytelling, product
narrative, showrooming services, immediacy, personal services, on demand,
virtual touch, home try on, relevance, seamless comparisons, omni-channel,
mobile checkout, security, supply chain reinvention, wearables, 3D printed fabrics
We are here
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What’s next?
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1 Data Standardization 2 Open Commerce 3 Contextual Search 4 Augmented Reality 5 Internet of Everything 6 Convergence
