Trendata - Market Intelligence’s Post

The global fashion AI market is expected to grow at a CAGR of 40.8%, reaching $4.4 billion by 2027. From predictive analytics to personalized shopping experiences, AI is making fashion brands function more like tech companies. The lines between creativity and corporate strategy are blurring, and it’s clear that only those who adapt will survive. The question is: Will fashion remain a creative expression, or is it destined to become another corporate battleground driven by data? #FashionTech #AIInFashion #CorporateShift #Innovation #DataDrivenFashion #BusinessTransformation

Thank you for having us and giving us an opportunity to present Enstyle and our vision of the future of fashion retail over at Seamless Middle East. Here’s a quick overview: ➤ Fashion retail companies overproduce to test consumer preferences. ➤ Typically, production takes months – which makes it hard to validate trends and launch product lines ahead of competitors. ➤ To stay competitive and relevant, they need to be able to quickly identify trends, validate them, and capitalize on them. ➤ Entsyle’s AI Assistants can speed up the research, help designers find inspiration for the next in-demand product line and find untapped market opportunities. #AI #SeamlessDXB #FashionRetail

It's clear that gen AI is catching the attention of industry leaders. According to the BoF-McKinsey State of Fashion 2024 Survey, a significant 73% of global fashion executives consider gen AI a major priority for their businesses this year. However, only 28% have given it a shot in the design and product areas. This suggests that, despite lots of testing, the fashion industry hasn't fully realized the value of gen AI in the creative process. It looks like there's still a lot to explore in this space!   #AI #fashion #apparel #productanalysis #productdevelopment #fashionbusiness #thebusinessoffashion #opentoconnect #opentowork   https://lnkd.in/eJxGiQde

Zeyad Deeb thanks again for sharing. Your one of the best at bringing the pieces together for leveraging today's #AI in more than #YARA (yet another #RAG app)

With the explosion of increased AI conversations over the last 18 months, many have not been able to pinpoint where (which area) and how AI can be used for their business to tangibly gain value. Sharing here a glimpse of where AI can positively impact in the Fashion Industry. I'm grateful for my Citi experiences where AI/ML was applied to get value from improved efficiency to increased profitability. Sharing and applying those experiences with Fashion AI Hub now to help the Fashion Industry see, how they too can leverage it for business improvements to positively impact P&L.

Swipe Right: How Fashion Shopping Is Stealing Online Dating’s Most Iconic Move - WWD: Swipe Right: How Fashion Shopping Is Stealing Online Dating’s Most Iconic Move  WWD http://dlvr.it/TBPwDY #ai #artificialintelligence

🦾🤖 Would you let AI pick out your next outfit? In the not-so-distant future, artificial intelligence may help consumers do just that! 🛍️ ✨ Our recent survey reveals how more than 4 in 10 consumers believe AI can enhance their fashion sense. Additionally, 3 in 10 consumers believe AI-trained shopping assistants can identify fashion trends better than they can! 🤯 In the latest from Chain Store Age, Senior Editor, Dan Berthiaume explores how AI is positioned to play a key role in the ever-evolving fashion industry → https://bit.ly/4alRJ1m #Ecommerce #DigitalCommerce #AIinRetail #AISearch #FashionAI

Is your brand prepared to win this discount season? 🚀 Join our webinar to see how top Fashion brands leverage AI to outsmart the competition with smarter discounting. We will show a live demo of Retviews' winning features that will transform your pricing strategy! So don't miss out and register now! 👉 https://bit.ly/3KaECo4 #Fashion #AI #LectraTrends

There are many areas across the value chain in the fashion business where AI can impact positively. Discover from our growing list where AI have been applied and see where your business might get tangible value from adoption. https://lnkd.in/gB9eSnWp www.fashionaihub.com #FashionAIHub #AIforFashion #AI4Fashion #AItransforms #AIforBusinessValue

Wherever I go, I keep hearing and readying of all the benefits AI wil bring. How, where and what value creation can it bring for any company is the crux to answering “what can it bring us”. I do hope the community building effort by Fashion AI Hub will help us find some direction (and maybe answers) before we nose dive into the next tech trend.