Image source: Behance
Do you shop at Zalando? The retailer sells branded shoes and clothing to 15 European countries, and is the continent’s largest online fashion retailer. After a well-documented struggle last year, the online powerhouse is back on top: just last month, it reported its first full-year profit, leading to a sale of 17.9 million shares that are now trading 13 percent higher than their listing price. The share sale will increase liquidity in the stock, and boost chances for the Berlin-based retailer to join Germany’s MDAX index. But what’s next for Amazon Fashion’s European cousin?
The battle of the live-streaming apps has begun: joining residing champ Meerkat in the ring is Twitter’s new Periscope app, which launched last Thursday. And, though the current battle has the big news organisations all a-flutter, the war is going to be one to win the hearts (and phones) of the fashion world.
Decoded Fashion hits SXSW Interactive on March 13-17 – in the run-up, we’ll be posting content that gives you a sneak peek of what to expect: including panel sessions, special events and the return of our Mentorship Hub.
Topics: sxsw, e-commerce, wearable tech, wearables, Innovation, mobile commerce, apps, Wearable Technology, WearableTech, fashion, social media, retail, Weekly Stories, mcommerce, fashion tech, ecommerce, Retailing
Technology is intrinsic to the sportswear sector - the use of innovative, lab-produced materials has been standard industry practice for many decades now. But things have moved on from workout leggings being more stretchy and sweat-resistant than ever before, sports fanatics are looking for more than this.
Sportswear brands need to use clever marketing to spark everyone’s attention. In the past it’s been through sponsoring events, launching guerrilla campaigns, entering into collaborations with designers or celebrities. Recently, they’ve also started incorporating technology into the design of their marketing strategies. Here are a few examples of how big sportswear brands have managed to use tech to stimulate media attention, add value to their product offering, and drive ‘brand love’ over the last month.
Reebok added a customisation program to its Union Square FitHub location. It’s called Local 1nk and it lets shoppers customise their merchandise purchases free of charge, using an innovative portable silkscreen printing device. Amidst its current crossfit craze, this is a cool way for Reebok to use technology (rather than bacon) to set itself apart from its’ competitors - whilst appealing to the masses.
Nike upped their ante with technology by introducing a vending machine that can only be operated with the Nike FuelBand. The so-called Nike+ FuelBox holds items such as socks and hats, and dispenses these when users plug in their FuelBand USB - if they’ve amassed enough points. It’s effectively allowing FuelBand users to turn their exercise units into a currency - a great incentive to use the FuelBand (or deterrent from buying one of the new fitness trackers out there) and a fun motivation to work out. Read more about the FuelBox here.
Then there’s Lacoste, who started dabbling in Augmented Reality for their spin-off brand LCST. In collaboration with Engine Creative, they created an AR app for in-store use that allows customers preview what a trainer would look like, without trying it on. It also lets users take a picture of the preview and share it on social media. Check it out here.
It was also interesting to see that Adidas lifted the restrictions they had placed on ecommerce distribution (read more about this here). The German sportswear brand has now joined competitors like Nike in being available for purchase over marketplace sites such as Amazon and eBay. They will enter into further direct competition with Nike when they launch their first wearable tech fitness accessory later this month. These steps may not be that innovative, but you gotta to start somewhere. We’re excited to see what the other big sportswear brands come up with in the future.
Reported by Anna Abrell
Augmented reality has many applications in the fashion industry, predominantly it has been used to create interactive shop windows or responsive mirrors in-store. Uniqlo, for instance, implemented their so-called ‘magic mirror’ in some stores to help customers choose the ideal colour for their garment. In luxury fashion, Hugo Boss created an augmented reality game for their shop window in London. The jewellery industry has also found practical uses for augmented reality. Boucheron, for instance, created MyBoucheron, which allows customers to preview what a piece of jewellery could look like on them using their webcam at home.
Boasting over 200 million worldwide users, Instagram seems to have become everyone’s favourite social media channel. Its visual nature has made it especially popular in the fashion industry, with brands using the photo-sharing app to share beautiful lifestyle images, showcase celebrity endorsers and promote new product lines and campaigns.
On Feb. 2-3, Decoded Fashion held the world’s first Fashion Hackathon, a 24-hour event where 550 registered participants and 78 teams competed to build a technology that helps American fashion designers.
Topics: hackathon, startups, uri minkoff, e-commerce, tech, rebecca minkoff, emerging market, dkny, 42, steven kolb, apps, Michael Kors, swatchit, coveted, fashion, Zac Posen, dirk standen, social media, avant-garde, analytics, Rachel Roy, Weekly Stories, style.com, Fashion Hackathon, fashion tech, gilt groupe, fashion dashboard, donna karan, CFDA, tumblr