FASHION + TECHnology

$361B Annual USA sales

Fashion industry statistics U.S.A. 2013

* Value of sales US$361 billion at retail

* Consumption of 19 billion garments

* 280,000 fashion retail outlets

* 3 million U.S. apparel industry workers

* 1 million U.S. footwear industry workers

http://www.fashionunited.com/global-fashion-industry-statistics-international-apparel

$621B

$402B

$195B

TOTAL # OF SHOE STORES IN THE US : 30,000

13,000,000,000,000

Channel convergence

Source : http://www.mckinseyonmarketingandsales.com/succeeding-in-tomorrows-global-fashion-market

FASHION + TECHnology

Source : http://www.mckinseyonmarketingandsales.com/succeeding-in-tomorrows-global-fashion-market

#FashionTech

* Fashion

* Retail

* Technology

Innovations

What should we do? algorithmic shopping, semantic commerce, geo-targeting, internet of everything, open commerce, shopping cloud, augmented reality, contextual search, market of one, smart sales teams, smart fitting rooms, 3D print on demand clothing, in-store directional mobile shopping experiences, nowness, digital experiential shopping, peer-to-peer commerce, disassembling of silos, direct to consumer, collaborative consumption, recommerce, consumer influence, collaborative storytelling, product narrative, showrooming services, immediacy, personal services, on demand, virtual touch, home try on, relevance, seamless comparisons, omni-channel, mobile checkout, security, supply chain reinvention, wearables, 3D printed fabrics

What is next? * Data Standardization * Open Commerce * Contextual Search * Augmented Reality * Internet of Everything * Convergence

FASHION : Media

businessoffashion.com decodedfashion.com

thirdwavefashion.com sffashtech.com

FASHION + TECH + Korea

Try it on!

ejang@dcamp.kr