fashion

Could Demand Side Innovation Save An Imploding Industry?

The fashion industry has been imploding for a while now and, thanks to the drastic changes COVID has brought, the need for a change is greater than ever. Over inflated inventory and constant surplus issues, all of which have been a thorn in the side for years, are even more painful and in danger of threatening retail than before. 

In the recent New York Times article, Sweatpants Forever, Irina Aleksande takes a look at just how fashion has been further imploding under the added weight of the Coronavirus. Stuck on a precipice of change since the 2008 recession, the industry has struggled to truly find its footing in terms of producing what consumers really want

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clothing

Smart Clothing Market Rising Globally at a CAGR of 74.0% with New Innovation, Latest Trend, Technology and Research 2020 to 2026

The MarketWatch News Department was not involved in the creation of this content.

Sep 30, 2020 (Market Insight Reports) —
The Market Insights Reports has published the obtainability of a new statistical data to its repository titled as, Smart Clothing Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The report also presents forecasts for Smart Clothing investments from 2020 to 2026.

The global Smart Clothing market is valued at US$ 110.7 million in 2020 is expected to reach US$ 5527 million by the end of 2026, growing at a CAGR of 74.0% during 2021-2026.

To check how we have included the

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