How is Technology Making Fashion Industry Innovative?
Retail Tech Insights | Friday, October 29, 2021
Most aspects of the fashion industry are being transformed by technological advances, from initial sketches to fashion shows to the individual online shopping experience.
FREMONT, CA:Fashion is one of the world’s largest industries, with revenues in the global apparel market expected to reach 2.25 trillion dollars by 2025–but it is probably not the first industry that comes to mind when one thinks of artificial intelligence.
Designers and brands that embrace cutting-edge technology to push the boundaries of design, manufacturing, and production, on the other hand, will triumph in the fast-changing world of fashion. Here are two of the most significant technology trends that are transforming the fashion industry.
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
Predicting Fashion Trends with Machine Learning
Fashion companies are changing their approach to product development by predicting what customers will want to wear next. Trend forecasting is typically time-consuming, requiring manual or digital observation and data collection from fashion designers and influencers. By collecting data directly from users, brands can gain quick and easy access to information that will help them plan the styles that people will like and know how many to produce. One firm’s Artificial Intelligence (AI) and machine learning platform assists fashion and lifestyle brands forecast demand, identifying trends, managing inventory, and making better business decisions.
Digital Models Wear the Most Up-To-Date Fashion Lines
Virtual models not only help designers show their latest creations all over the world (even when large fashion shows are prohibited due to COVID restrictions), but they also help reduce waste by showcasing clothes that have not been manufactured.
The Future of Fashion
Most aspects of the fashion industry are being transformed by technological advances, from initial sketches to fashion shows to the individual online shopping experience. Automation and predictive modeling are improving customer service experiences, while the fashion industry is taking innovative steps to reduce waste through digital fashion. One will soon be able to buy a new outfit for their virtual meetings with the help of AI, so they can stop showing up in their pajamas and start wearing the latest on those remote conference calls.
More in News


