Beautè In Tech’s Post

📱 Industry Insights: Tech Meets Fashion & Beauty Here's some bite-sized beauty and fashion tech news for your lunch break: - LVMH defying economic odds with strategic growth - Massive brand acquisitions reshaping retail landscape - AI-powered virtual fitting solutions transforming shopping experiences Want the full scoop? 🕵️ 👉🏼Subscribe to our Substack for weekly deep dives into fashion tech, retail trends, and industry innovations. We break down complex news into digestible, actionable insights. Link in comments below 🔗 #FashionTech #RetailInnovation #IndustryNews Pro tip: Knowledge is power - stay ahead of the curve! 💡 Thoughts? Drop a comment or share your perspective! 👇🏼

At IAM Fashion Consulting, we're diving into cutting-edge trends that are shaping the industry — and boosting business performance. 🌱 Sustainable Materials: Brands see a 12% increase in loyalty and a 9% boost in customer retention by using eco-friendly materials. - adidas and Stella McCartney 🤖 AI Personalization: AI-driven customization reduces return rates by 20% and lifts revenue by 18%, making personalization a key ROI driver. 💄 AR Try-Ons for Cosmetics: AR boosts engagement by 70% and repeat purchases by 120%, with brands seeing a 15-20% increase in online sales. - SEPHORA and L'Oréal 👗 Fashion Rental Models: Subscription-based fashion models increase customer lifetime value by 30-50% with an impressive 80% retention rate. These innovations aren't just trends — they’re revenue and retention powerhouses! 📈 Rent The Runway #IAMFashion #FashionConsulting #BeautyInnovation #Sustainability #Personalization #AR #FashionRental

A Recap of WGSN’s Menswear Trends for This Year At Crease Group, we continuously stay ahead by closely monitoring industry trends. Our recent deep dive into WGSN’s reports reveals fascinating insights. Utilizing advanced social listening tools, AI technology, and a dedicated team of trend forecasters, WGSN has identified the key menswear trends shaping the market this year. Which brands do you think are leading the way, and which ones should be on our radar?

Digital Luxury: The New Frontier The fashion world is changing. Fast. Personalized, omnichannel experiences are no longer optional—they're essential. But here's the thing: many luxury retailers are struggling to keep up. Enter the game-changer: cutting-edge digital tools that seamlessly blend in-store magic with online finesse. Imagine curating bespoke collections with a single touch, crafting compelling stories that resonate deeply with each client. This isn't just about selling. It's about creating UNFORGETTABLE experiences. It's about setting a new standard in high-end retail that leaves your competitors in awe. Ready to revolutionize your boutique? The future of luxury is here. Don't get left behind. https://lnkd.in/gna6w-PP #inspify #LuxuryRetail #FashionTech #DigitalTransformation

📝 In my latest article, I explored how the #resale market is transforming #retail, reshaping how #brands and #consumers interact, and driving #sustainability forward. The resale industry, now valued at $177 billion and projected to grow 127% by 2030, is no longer just a trend—it’s a movement that is rewriting the retail playbook. In the attached, I delve into: ✔️ How AI-powered platforms like Poshmark and The RealReal are redefining customer experiences. ✔️ The critical role of #sustainability in driving consumer choices. ✔️ How brands like Gucci, Levi Strauss & Co. and Nike are embracing resale to innovate and remain competitive. ✔️ The global expansion of resale, highlighted by NAVER Corp's $1.2 billion acquisition of Poshmark. Resale blends #socialcommerce, #personalization, and #values-driven shopping, and its rise signals a pivotal shift in the path to purchase. #AI, community engagement, and a focus on #circularity are setting new standards for the future of retail. 💬 What’s your perspective on the rise of resale? How can brands leverage these trends to thrive in this evolving landscape? Check out my article to dive deeper into these insights and join the conversation! #ResaleMarket #Sustainability #AIInRetail #CircularEconomy #FashionInnovation #RetailTrends

Why I do not agree with all the trends in the The Business of Fashion latest fashion report?…. Here are my quick thoughts on these trends: 1️⃣ Trade Shift: Brands are playing musical chairs with their supply chains, focusing on friendly nations and nearshoring instead of increasing footprint in Asia. Smart move in today's spicy geopolitical climate, but might be challenging for margins. 2️⃣ Asian Markets: Plot twist - while China's cooling down, Japan, Korea, and India are heating up! LuxuryBrands, pack your bags for Tokyo! 🇯🇵 But as usual, % is senthetical and even though it might look exciting, the volume is still in China. 3️⃣ Discovery Journey: Finally, a solution to the "too many choices, can't decide what to buy" syndrome! AI-powered discovery and live-shopping are about to make online shopping actually fun again. 4️⃣ #SilverEconomy: Turns out the 50+ crowd has both the cash AND the style! Time to stop obsessing over Gen Z and show some love to our fabulous silver foxes. 💁♀️ I believe that with segmentation and personalization option we have today, brands can address different audiences. It’s not like BMW has to promote only 7 series or 1 series, right?;) 5️⃣ Value Shift: Between resale, offprice, and even dupes, consumers are getting savvier about spending. To capture customers’ share of wallet, brands will need to prove their value. I believe that many brands would need to step up how they communicate the expertise. 6️⃣ #PhysicalRetail: Store associates are becoming the real MVPs. Turns out humans are still pretty good at selling to other humans (shocking, I know! 😉) I believe that we will see automation in physical retail declining as a trend. Nothing is more lifeless then a robot assistant, but I believe that empowering store champions through software solutions might be on the rise! 7️⃣ #ChallengerBrands: Challenger brands are forecast to generate over half of the sportswear segment’s economic profit in 2024, up from 20 percent in 2020. Watch out Nike and adidas - the challenger brands are coming in hot! 🔥 8️⃣ Sustainability: it remains crucial, but consumers aren't exactly throwing money at eco-friendly options. This trend only survives due to regulations in my oppinion and we will see decline! 9️⃣ Marketplaces: Following a tumultuous period for luxury e-commerce platforms, online non-luxury marketplaces are facing challenges of their own. Share prices have dropped as much as 98 percent since Covid-19 peaks due to existential business model challenges and disruptions. Non-luxury marketplaces globally must carve out a clear role in the fashion ecosystem to survive. 🔟 Inventory Excellence: The industry's playing a high-stakes game of "too much or too little." 2025 is all about getting smart with stock using tech. No more "sorry, we're out" or "please, someone buy this" scenarios! 📦 #RetailIndustry #FashionBusiness #RetailTrends #EcommerceTrends #Fashion2025 Drop your thoughts below!👇

Plus Size Customers are very loyal but this one thing has to stop ❌ What I am noticing more and more is, brands, designers, marketplaces and more pulling out of size inclusive initiatives for the sake of short-term revenue. I get it, the economy isn’t doing so well at the moment, especially fashion brands suffer - but hold on…Beyoncé wasn’t built in a day, neither will be your brand show true success after a short period of time. If you’re cutting out size inclusive, plus size initiatives and pulling out of extended sizing, the consumer will not forgive and absolutely not forget that. In the future, when your brand (or your new CEO) is ready to invest again you’re going to have a hard time. Because the consumer has moved on from you and will not even notice your attempts of going plus (again), neither would they have a reason to do so. I would love to hear your opinion on this problem in the fashion industry❓ I am opening up the comments for conversation 📮 🚨 Stay tuned - the next post will be about how consumers are being gaslighted by the industry, and they’ve started noticing.  Hit the follow button to get more consumer insights. #plussize #plussizeluxury #retail #consumercentric #fashionindustry #fashionfail #D2C