What Affect Does Technology Have on the Fashion Industry?
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Transcript of What Affect Does Technology Have on the Fashion Industry?
What Affect Does Technology Have on the Fashion Industry?
By Marissa Verallis
What Affect Does Technology Have on the Fashion
Industry?
• Technology enhances the Fashion Industry through communication and visual enhancements
• Technology hinders the Fashion Industry through the ability to plagiarize and isolation
Seeing Trends Faster..
Inspired by Street Wear..
Online Shopping.. • New platform to gain revenue
• Allows the company to hire less employees
Online Shopping Increasing..
Revenue Increase Due to Online Sales..
Increase More Than
10%
Increase 0-10%
Flat Rate Decrease 0-10%
Decrease More Than
10%
05
101520253035404550
Online Shopping.. • Need for stores is reduced
• Less employees means less jobs
Modern Technology Allows us to be Isolated..
• Soon be able to work 100% at home• Therefore fashion is less necessary
Isolation Survey..
YesNo
Knockoffs and Copying..
Technology DOES hurt the Fashion Industry
Works Cited..• http://www.practicalecommerce.com/articles/108
7-Chart-of-the-Week-58-Percent-of-Retailers-Saw-Online-Sales-Increase-in-Q1-2009
• http://styleneighborhood.com/wp-content/uploads/2010/11/chelsea-fashion-415x351.jpg
• http://screenshots.en.sftcdn.net/en/scrn/29000/29287/skype-5.jpg
• http://stylewithanna.com/wp-content/uploads/2009/02/get-amy-adams-red-dress-2009-oscars-knock-off-replica.jpg
• http://www.ning.com/blog/wp-content/uploads/2009/03/roc4life-connecting-the-life-you-roc_-news-fashion-culture-rocawear.jpg
• http://venturebeat.files.wordpress.com/2008/05/fs-shop-home.jpg
• http://www.ning.com/blog/wp-content/uploads/2009/05/nashville-fashion-group.jpg
• http://3.bp.blogspot.com/-pKgBwPvrCsw/TaZt4kpIx_I/AAAAAAAAAJU/Vva4gHXvoIQ/s1600/online-shopping.jpg
• http://newsimg.bbc.co.uk/media/images/42971000/gif/_42971047_online_spending_203.gif
• http://www.steelorchids.com/vintage/avedon-elephant-picture.png