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From digital clothes to algo-powered trends, technology will change how we create, sell and consume fashion

Many are dubbing 2021 as the year of fashion NFTs, after Gucci and Burberry decided to dabble in nonfungible tokens.

Synopsis

Jaspreet Chandok, head of RISE Fashion & Lifestyle, says the pandemic has accelerated technology adoption cycle by consumers. “Over the last year, designers, fashion retailers and fashion platforms like ours have moved to phygital and omnichannel models. The focus should now be on creating strong distribution and supply chains to cater to this rising demand.”

When designer JJ Valaya says that technology is pretty much becoming the backbone of just about everything and for everyone, he insists that we are just skimming the surface when it comes to technology’s intersections with fashion. “We are seeing the first steps of technology in fashion, with it going digital. We are in a new shrunken digital world with everything in the palm of our hand.” The future, as he says, is increasingly phygital — a

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