The Fashion-Tech Industry is certainly seeing a boom right now. Technology is shining new things in the fashion industry. From Retail, Fashion designing, supply chain, sales, marketing, production, and more. Technology is making them more efficient and easier.
To name a few of the most interesting technologies that are driving innovation in fashion -
Intelistyle - It's a London-based startup that is providing an AI-based styling solution. This software is capable of giving personalized product suggestions and landing pages for customers when used on a website. It's a great tool for target-based purchasing. It analyses a customer's history on their preferred style, body type, trends, and colors.
TrueFit - This is a Fit technology solution that brands can use to reduce their customer returns due to fitting issues. Inconsistent sizing in the fashion industry is one of its most annoying problems. Leading to billions of dollars of unnecessary waste and environmental damage. TrueFits fitting algorithm helps online shoppers find their perfect size and fit across different brands.
Stylumia - Is an AI and machine learning software company that helps brands manage inventory, Forecast future fashion trends and demand. By analyzing publicly available global data on product trends, they provide a deeper understanding of real-time consumer demand signals to brands.
DressX - Is a digital fashion store. Customers can buy virtual clothes from well-known brands and designers. Virtual clothes are getting popular day by day with the emergence of the Metaverse. Everyone wants digital clothes, shoes, and accessories they can “wear” in meetings, social events in virtual space and also in social media if you have noticed. Gucci and Balenciaga are selling fashion NFTs and virtual versions of their most popular collection. Nike acquired RTFKT to sell virtual shoes.
WFX Virtual Showroom - With Virtual fashion shows are on the way to being the norm in the fashion industry. Designers are getting more comfortable with showcasing their collections virtually. So with it came the need for a platform that will let not showcase your designs but also modernize your online sales process. At a cost that is affordable for large and small fashion businesses alike.