FashionTech news and archive

'Magnificent Seven' results: Why AI capex could disrupt fashion

This week, markets will scrutinise the results of tech leaders Amazon, Microsoft, Alphabet, Meta, Apple, Nvidia and Tesla. At the core of expectations is the need for proof. Their massive investments in artificial intelligence must finally begin to show tangible returns. Critical equation: billions versus uncertain revenues Hyperscalers have...

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Fashion

Technology will be antidote in fashion’s Covid recovery

As the US fashion industry entered its second month of isolation, Fashinnovation delivered its first virtual conference which according to its co-founder, Jordana Guimarães, united 80 speakers via Zoom with 125K+ viewers from 119 countries over the course of 2 days. Convened with support from the UN Office for Partnerships, in partnership with...

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Fairs

Premium Group cancels Berlin trade shows as Dusseldorf fairs are postponed

The Premium Group has cancelled its Berlin summer trade shows, Premium and Seek, as well as its Fashiontech conference due to Covid-19. With the original intention of rescheduling its events to the end of July, the group is now forced to cancel, as the German federal and state governments prohibited large-scale events with over 1,000 visitors...