Read article about Artificial Intelligence (AI) has existed in our lives for many years now. Its primary function has been to work quietly in the background, customising our experiences when we use apps and websites. It is only now, with the advent of easily accessible generative AI models like Open AI’s chat GPT, Midjourney, Google’s Bard etc, that AI has become the new buzzword. Although AI has found various applications in the fashion industry for quite some time, McKinsey & Company predicts that generative AI will contribute an additional $150 billion in revenue to the sector over the next three to five years. and more articles about Textile industary at Fibre2Fashion
Read article about Retailers are starting to realise that GenAI, short for Generative Artificial Intelligence, has the ability to improve consumer experiences, increase efficiency, and even lower costs as it transitions from hype to reality. Making a distinctive and eye-catching product presentation is a skill that can greatly boost sales. Generative AI serves as a facilitator in this endeavour, offering innovative approaches to enhance product presentations, especially for less noticeable items. and more articles about Textile industary at Fibre2Fashion
Read article about Inducing circularity in the fashion industry is essential because it is currently in the era of fast fashion where the utilisation rate of the clothes is lower. According to the Carbon Literacy project, the clothing utilisation because of the fast fashion has reduced by 36 per cent which results into more clothes being incinerated or end up in a landfill, thus wasting all the natural resources which were used to produce apparel. It is estimated that if the textile industry maintains the same linearity, then this industry alone could utilise greater than 26 per cent of the carbon budget, according to Ellen McArthur Foundation. and more articles about Textile industary at Fibre2Fashion
As a Microsoft Cloud for Retail launch partner, K3’s team of expert solution architects and developers support businesses in their mission to transform retail for good. K3 builds market-redefining software capabilities and delivers future-leading strategies to promote digital adoption, sustainability, and optimised business processes in fashion, footwear and apparel.
Read article about Fashion stands among those few industries which are ever-evolving. Its evolution is characterised by adaptation of new trends and creativity which keeps fashion creators on their toes. Whenever certain stagnation creeping in the field of fashion is sensed, there always comes up an idea that either rejuvenates or revolutionises or redirects the journey of fashion evolution. Whenever it happens, the demand for fashion goods only accelerates further. One such innovative idea is convertible or transformable garments. and more articles about Textile industary at Fibre2Fashion