Fashion Industry Changes Faster than Fashion

Despite being one of the biggest industries in the world, generating around $1.5 trillion a year, it's quite surprising that the textile and garments industry hasn't completely boarded the technology train. But still, the industry is transforming, and the resistance is finally weakening.

From making abundant room for Artificial Intelligence, 3D printing and smart manufacturing to organic and novel fabrics to garment-to-garment recycling, the tides are turning. Last year, the fashion retail giant H&M announced the launch of its garment-to-garment recycling system at one of its Drottninggatan stores in

Stockholm. With personalized clothing experience becoming a more persistent consumer demand, more and more people opting for chemical-free, organic clothing, especially for babies and people with sensitive skin, and the democratization of fashion and style, all these trends are poised to prevail and eventually transform the industry itself. You can bet on the fact that your retail business will have to take a sustainable route to eventually prevail success.

It's also the cue for the entrepreneurs who belong to the industry to adopt these trends and stay at the cutting edge of things. Be it leveraging computer vision to analyze consumer preference at retail stores, deploying automation at tailoring facilities or sourcing organic cotton and engaging more innovations in the area. On the front end the retail and e-tail segments AI, Big Data Analytics, and Robotic Process Automation (RPA) are expected to redefine personalized marketing, along with procurement & planning phases of supply chains, helping e-Commerce organizations continue their growth journey. A step further, Blockchain can also be a break through in terms of supply chain data centralization and ensuring more seamless, transparent relationships between suppliers, customers, exchanges, and carriers.