Technology has been moving at a fast and consistent pace that those who fail to keep up are rendered irrelevant in just a matter of months. The great changes that have come with technology in the business world have also led to the destruction of several businesses that have been relying on fashion sales. The fashion industry is one of the most affected by these changes and will in the near future see more and severe disruption that will offer both benefits and disadvantages. Below is a brief highlight of some of the issues that will emerge with new technology in the fashion industry.
Technology complements fashion
In many cases, technology calls for some assistance to offer popularity from fashion. For example, putting on glasses received little attention until some few years ago when technology trends changed in favor of the practice. One of the issues that were barring many from wearing glasses in the past was the stigma associated with the product but since fashion trends included this as an accessory for celebrities and those interested in looking classy, it has become easy to walk around wearing glasses.
Another reason many people have been favoring glasses in the current world is the design trends and technology that has come with some of these products. There have been many technological amendments to the business and this is the exact same principle that rules the fashion industry. Some businesses that stick to old ways of designing and producing products may find themselves out of business if new and better technological methods emerge to assist in the production process of different products.
About Chris Burch
Christopher Burch is the founder and Chief Executive Officer of Burch Creative Capital, a company that deals with investment advisory services. His entrepreneurial values and skills as an author on a number of issues affecting businesses have been a key point to support his development as an entrepreneur and a mentor among many upcoming entrepreneurs. He offers creative solutions and allows young individuals with good plans to explore their capacities.
Additionally, Chris Burch leads a team that helps businesses to strategize and support the development of disruptive brands. His ideas are for transformation and to help struggling ventures find a way to victory in the highly competitive environment while creating a sustainable system that promises and delivers growth for the company. Chris also emphasizes the need to consider offering products that impact consumers’ lives in a positive way.