5 Technologies Transforming The Fashion Retail Sector
Business Of Fashion|June 2020
Global marketing research firms have ubiquitously called the ongoing COVID-19 pandemic an ‘unexpected catalyst for tech adoption’ in the retail industry. While the retail industry’s increasing reliance on technology over the past few years goes unsaid, the challenges posed by the pandemic will invariably accelerate the rate of adoption of new technology and tools.
5 Technologies Transforming The Fashion Retail Sector

As lockdown restrictions are listed, convenience along with safety and hygiene regulations like social distancing, contactless shopping, etc., will necessitate a new approach and retailers will have no option than to rely on technologies for frictionless services and experiential shopping experiences.

We have listed 5 cutting edge technologies from around the globe that promise to be unfathomably beneficial in the post-COVID-19 retail scenario.

>> SHOPPING APPS

Apps find a mention in this list because they are ubiquitous and can prove to be the easiest way for retailers to offer experiential shopping experiences. “Post the pandemic apps are going to pay a big role in retail. People today like and want to shop smart. They will come to the mall particularly and shop for whatever they want to, and apps can supplement the whole shopping process. They can select the products through the app from different stores, making the whole process faster, safer and seamless,” says Arjun Gehlot, Director, Ambience Mall, New Delhi.

Retailers can also pick a lot up from shopping apps like Ubamarket, that has revolutionized the way people shop during the COVID-19 pandemic. Apart from unique features like pre-made shopping lists, in-store satnav and cashier-less checkout, the app also helps consumers check stock levels from home, as well as check length of queues in a particular store.

Apps can also be used to geo-target consumers and present them with more accurate and relevant advertisements and offers.

>> SMART BUILDING SOLUTIONS

This story is from the June 2020 edition of Business Of Fashion.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the June 2020 edition of Business Of Fashion.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM BUSINESS OF FASHIONView All
LET'S MAKE FASHION PRODUCT GREAT AGAIN
Business Of Fashion

LET'S MAKE FASHION PRODUCT GREAT AGAIN

A panel of experts comprising of top leaders debated the evolution and trajectory of the fashion retail industry in the last ten years - the decade of millennials and e-commerce...

time-read
9 mins  |
April 2024
COOL COLORS: Redefining Mid-Segment Fashion for Modern Men
Business Of Fashion

COOL COLORS: Redefining Mid-Segment Fashion for Modern Men

Praveen Bafna, MD, Bafna Clothing Pvt Ltd, speaks on Cool Colors’ growth since its inception and expansion plans in a freewheeling chat with IMAGES Business of Fashion

time-read
3 mins  |
April 2024
NOT JUST JEANS: KILLER Transforms into Edgy, YouthFocused Brand
Business Of Fashion

NOT JUST JEANS: KILLER Transforms into Edgy, YouthFocused Brand

Hemant Jain, MD, KKCL, says the brand will open 500 stores in India by the end of next year, along with expanding into the Middle East and Eastern Europe...

time-read
6 mins  |
April 2024
WESTSIDE More Than a Transactional Brand; It's a Lifestyle
Business Of Fashion

WESTSIDE More Than a Transactional Brand; It's a Lifestyle

Since its inception, Westside has grown beyond just fashion and has evolved into a much-loved family lifestyle brand...

time-read
4 mins  |
April 2024
MAS HOLDINGS: A Journey of Innovation and Expansion to a $2 Billion Valuation
Business Of Fashion

MAS HOLDINGS: A Journey of Innovation and Expansion to a $2 Billion Valuation

With a presence spanning across 14 countries and manufacturing operations in 8, MAS Holdings serves as a pivotal partner to renowned brands worldwide, including industry titans like Nike, Victoria’s Secret, and Lululemon.

time-read
9 mins  |
April 2024
ENHANCING INSTORE SHOPPING EXPERIENCE: The Role of Technology & Personalisation
Business Of Fashion

ENHANCING INSTORE SHOPPING EXPERIENCE: The Role of Technology & Personalisation

Embracing technological innovations not only guarantees enhanced customer satisfaction but also fosters unwavering customer loyalty, thus paving the way for a thriving future for Indian retailers...

time-read
3 mins  |
April 2024
H&M Move Offers Functional 'Movewear' To Empower Individuals Of All Skill Levels: Yanira Ramirez Country Sales Manager, H&M India
Business Of Fashion

H&M Move Offers Functional 'Movewear' To Empower Individuals Of All Skill Levels: Yanira Ramirez Country Sales Manager, H&M India

In conversation with IMAGES Business of Fashion, Ramirez spoke about how H&M's activewear brand, H&M Move, aims to inspire global movement in a more sustainable manner...

time-read
4 mins  |
April 2024
DECATHLON Launches New Brand Identity, SustainabilityBased Business Model
Business Of Fashion

DECATHLON Launches New Brand Identity, SustainabilityBased Business Model

Decathlon is adopting an ambitious global strategy, which encompasses an enhanced customer experience, a strong commitment to sustainability and an overall modernisation of the company...

time-read
4 mins  |
April 2024
Casualwear & Athleisure Markets in India WITNESS MASSIVE GROWTH SPURT
Business Of Fashion

Casualwear & Athleisure Markets in India WITNESS MASSIVE GROWTH SPURT

In the last few years, the market has witnessed a massive growth spurt driven by growing income levels, changing lifestyles, increasing casualisation among professionals, emergence of start-ups and the entry of foreign players

time-read
10+ mins  |
April 2024
THE INDIAN ATHLEISURE MARKET: Redefining Comfort, Style & Performance
Business Of Fashion

THE INDIAN ATHLEISURE MARKET: Redefining Comfort, Style & Performance

Athleisure, initially perceived as a simple combination of athletic and leisure wear, has evolved beyond its origins to become much more than just that. It's no longer just about comfort; it's a full-fledged fashion revolution...

time-read
6 mins  |
April 2024