The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
For the latest in our series of #BoFLIVE events, chief correspondent Lauren Sherman discusses how to effectively leverage data to engage customers with Ganesh Subramanian, founder & Chief executive at trend forecasting platform Stylumia, Jarno Vanhatapio, founder & chief executive at global online fashion player Na-Kd and Brittany Hicks and Jessica Couch, founding partners at consulting firm Fayetteville Road LLC.
“I want to break the myth about data being an inanimate object,” Subramanian said. “Data is about consumers.”
To participate in #BoFLive, BoF’s digital events series offering insight, advice and inspiration, visit our calendar where you can find details of upcoming digital events.
Brands are using them for design tasks, in their marketing, on their e-commerce sites and in augmented-reality experiences such as virtual try-on, with more applications still emerging.
Brands including LVMH’s Fred, TAG Heuer and Prada, whose lab-grown diamond supplier Snow speaks for the first time, have all unveiled products with man-made stones as they look to technology for new creative possibilities.
Social networks are being blamed for the worrying decline in young people’s mental health. Brands may not think about the matter much, but they’re part of the content stream that keeps them hooked.
After the bag initially proved popular with Gen-Z consumers, the brand used a mix of hard numbers and qualitative data – including “shopalongs” with young customers – to make the most of its accessory’s viral moment.