https://www.youtube.com/watch?v=z0dIfixn7_M

It is estimated that a sixth of the world’s population works in the supply chains to the fashion and textile industry, from field to final product.

Fashion is BIG BUSINESS

Customer is analyzed to evaluate the wants and

needs

Apparel designed to meet these wants and needs is

produced and sold

PRIMARY MARKETSTextile mills FinishersLeather producersFur industry

DESIGNERS AND PRODUCERS 7th AvenueParis coutureFrench Prêt-a-PorterItalian ready-to-wear

ANCILLARY & PROMOTION OPERATION NewspapersMagazinesPR firmsResident buying officesFashion consultants

RETAILERSBoutiquesSpecialty storesChain storesDepartment stores

FASHION: Then & Now !

“Everything has changed. I’ve seen it all happen and start. It’s like being a witness to the Big Bang. The explosion of stars into the universe (that) we call fashion. Now we are a full-fledged industry, almost ruthless and competitive. The fun has gone.”

-Rohit Bal, Fashion Designer

Lady Gaga & Barney’s Holiday Workshophttps://www.youtube.com/watch?v=lkkV08g6oiwhttps://www.youtube.com/watch?v=AR50lQiIHso

The innovations taking place at the intersection of fashion and technology are profoundly amazing and transformative. In many respects, the fashion industry today bears little resemblance to that of a decade ago—and will change even more in the decade ahead.

Technology has turned the entire fashion industry upside down – making all types of fashion more accessible to a large spectrum of consumers, but also more of a challenge for designers and retailers when it comes to competition.

- Manage Your Payments, Inventory & Costs With Technology- The Emergence Of Social Savvy Retailers & Brands- The Complete Mobile Shopping Experience- Spontaneous Shopping Driven By Inspiration

Wearable Technology Blurs the Line Between Tech and FashionThe days of fabric as a strictly static resource are coming to a close—the days of fabric as an active (and interactive) resource are just beginning.

Fashion Week Becomes 52 Fashion Weeks Each YearConsider 1,000 people in New York and 1,000 people in San Francisco viewing an Amsterdam Fashion Week event. A new product hits the runway and the buzz in San Francisco is off the meter, while the reaction in New York is ho-hum at best. The retail implications for the brand presenting that product—and understanding the buzz both quantitatively and qualitatively—could make or break the product launch. That’s a single data point. Now imagine a flood of data points 365 days a year.

3D Printing Means Everyone Becomes A One-Person FactoryThink about designers in offices, apartments and garages developing accessory prototypes—or engaging in full-on production without any middleman whatsoever. Or imagine designers creating scale models of— models wearing the designs they’ve created; how might those scale models be used to popularize and sell fashion? The possibilities are endless. The impacts will be enormous.

Or, Picture a catalogue of dozens of different garment cuts in an unparalleled spectrum of colors, all of which can be browsed and customized online and ordered at the click of a button.

https://www.youtube.com/watch?v=2uhR1NFbtL0

NFCImagine walking into a store, finding something you like the look of, swiping your phone over the tag and being instantly shown a lookbook of ideas for how to style that item.

Technology Will Make Everything You Know Today Obsolete in 10 YearsThe truly successful will be those who can not only recognize and cope with the pace of change, but embrace it. They will be aware of both the megatrends and microtrends in the industry—and will be flexible enough to strategically act on them with bold conviction.

Reliability | Ethics |Commitment| Discipline |Trust | Responsibility