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Business

Millennials whose financial position improved will spend more on trends, mainly apparel

New York – A recent study shows that out of all consumer whose financial position has improved in the last year, Millenials were the most likely generation to increase spending on consumer products. Within the apparel segment, consumers are favouring value brands, those with strong value proposition, such as fast fashion, quality/price,...

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Member
Business

Machine learning becomes fashionable: retailers use automated inventory management

Clothing and fashion make up the majority of the more than 530 billion euro the European e-commerce sector is worth. The fashion industry is buoyed by online marketplaces and new technology primarily applied to the improvement of the supply chain and the customer’s experience. “The next generation of consumers are the iBrains,” said GFK Global...

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Fashion

Clothes smarter than you are: welcome to the future

Wish there was a gadget able to transform your boring office uniform into a party outfit, or even a device that guides you straight to new friends? Then call Marcelo Coelho. A researcher with Fluid Interfaces at the Massachusetts Institute of Technology's Media Lab, Coelho works at the cutting edge of wearable devices that may be smarter than...

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