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“A few years ago, Stage Stores—a $2 billion department store chain across 40 American states—decided to use analytics to drive sales. But its executive team faced a problem: not enough employees to handle the data.”

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Decoded Fashion - Fashion Tech Daily - Analytics

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MIT Unveils Plans for 4D-Printing
MIT wowed the audience at TEDxLongBeach with their future plans of 4D-printing, introducing time as the fourth dimension of the 3D-structure. PSFK has more.

Analytics Startup Fohr Card Keeps Score For Fashion Bloggers
Fohr Card provides its clients with comprehensive blogger data in exchange for an annual fee. More on AdAge.

Pitching App Ideas? AppGyver Delivers Mobile App Prototypes In Minutes, No Technical Know-How Needed
AppGyver, is the new app that will save many startup founders by offering rapid design iterations during the app-development process, TechCrunch reports.

 

2013 is the breakout year for the digital closet. And that’s very good news for pretty much everyone in the fashion industry, whether you’re a brand, a retailer, a publisher, or a consumer.

If this is surprising to you, I can tell you, we’ve seen this movie before…

We’ve seen it in the early days of online retail. As recently as 2009, a lot of people were asking, “Why the heck would people shop for clothes online? What about fit? What about returns? People want to go into the store and touch the product, not order based on some picture online!”

These are fair questions. We still haven’t solved these friction points. And yet, Women’s Wear Daily reports that 72% of consumers shop for clothes online. Why did online retail take off? Because when you connect the storefront to the power and convenience of web and mobile, you unlock a whole new set of benefits that outweigh the friction for many consumers.

Similarly, when brands first started flirting with social media, a lot of people said, “Why would people want a brand talking to them 140 characters at a time?” They called it gimmicky and niche, and said it would cheapen the brand. And yet we’ve seen social media turn into the primary voice for many major players.

The rise of digital closets is a similar story for the similar reason: when you connect the closet to web and mobile, you can suddenly do some incredibly powerful things – with data, with retail, with recommendations – that were simply not possible before. At Stylitics, we’ve seen this first-hand. Digital styling for a fraction of the price. Personalized recommendations based on what you actually wore and bought, across brands. Creating your packing list with items in your closet…and your boyfriend’s closet…while sitting in a meeting. All these things are either live today or will be live before the summer.

The key to taking this completely mainstream is making it really easy for people to put their closets online. So, Stylitics is working with top brands and retailers on a technology we’ve developed called Closet Connect, launching in a few weeks. Closet Connect lets people pull in all their past purchases from across retailers into their digital closet, at one time and in a few seconds.  After that, every purchase you make from participating retailers is automatically synced to your closet online. It’s free for consumers and for retailers, and we think it’s going to change the industry!

Rohan Deuskar is the Co-Founder and CEO of Stylitics. He will speak at Decoded Fashion Forum on new approaches to forecasting trends. Follow him at @rohand

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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.

About 300 developers, designers and entrepreneurs—40 percent women—worked on a variety of projects, from B2B software for production and merchandising to analytics for social media and e-commerce. Many projects were inspired by the Fashion Brief, a conversation with designer Rachel Roy, DKNY’s Aliza Licht, Rebecca Minkoff’s Uri Minkoff, Michael Kors’ Farryn Weiner, and the CFDA’s Kelly McCauley and Sideways’ Nathaniel Catanio, on what areas of the fashion industry could utilize technology to increase efficiency and drive business.

Five finalist teams were chosen to compete for the top prize—$10,000 and the chance to have its app launched by the CFDA. They will pitch live on the runway at Mercedes-Benz Fashion Week during the Decoded Fashion Forum, to a panel of fashion judges including the CFDA’s Steven Kolb, Style.com’s Dirk Standen, Zac Posen, Rebecca Minkoff’s Uri Minkoff, and Gilt Groupe’s Susan Lyne.

Finalists:
42 personalizes the brick-and-mortar experience by using the best intelligence of online commerce. Founders: Cathy Han, Sarah Hum, Lucas Lemanowicz, Nicolas Porter

Avant-Garde remakes targeting marketing by matching customers with products by visually analyzing products and social media streams to understand exactly what customers want right now. Founders: Vladimir Dedov, Ajay Mantha, Carrie Mantha

Coveted is a 1-click platform for brands to sell their products through shareable tumblr images. Founders: Ian Culley, Michael Dizon, Jason Fertel

Fashion Dashboard optimizes commerce through competitive social media and merchandising analysis. Founder: Stephan Alber

SWATCHit is a peer-to-peer platform connecting global designers with emerging market artisans and overseas producers. Founders: Ramzi Abdoch, Jagjeet Gill, Jackson Lin, Henrika Makilya, Paul Yun