| | OCTOBER 20224Despite being one of the biggest industries in the world, generating around $1.5 trillion a year, it's quite surprising that the textile and garments industry hasn't completely boarded the technology train. But still, the industry is transforming, and the resistance is finally weakening. From making abundant room for Artificial Intelligence, 3D printing and smart manufacturing to organic and novel fabrics to garment-to-garment recycling, the tides are turning. Last year, the fashion retail giant H&M announced the launch of its garment-to-garment recycling system at one of its Drottninggatan stores in Stockholm. With personalized clothing experience becoming a more persistent consumer demand, more and more people opting for chemical-free, organic clothing, especially for babies and people with sensitive skin, and the democratization of fashion and style, all these trends are poised to prevail and eventually transform the industry itself. You can bet on the fact that your retail business will have to take a sustainable route to eventually prevail success. It's also the cue for the entrepreneurs who belong to the industry to adopt these trends and stay at the cutting edge of things. Be it leveraging computer vision to analyze consumer preference at retail stores, deploying automation at tailoring facilities or sourcing organic cotton and engaging more innovations in the area. On the front end--the retail and e-tail segments--AI, Big Data Analytics, and Robotic Process Automation (RPA) are expected to redefine personalized marketing, along with procurement & planning phases of supply chains, helping e-Commerce organizations continue their growth journey. A step further, Blockchain can also be a breakthrough in terms of supply chain data centralization and ensuring more seamless, transparent relationships between suppliers, customers, exchanges, and carriers.Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comFashion Industry Changes Faster than FashionEditorial Vol 04 · Issue 5 - 1 ·OCTOBER, 2022 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Manager - DesignPrabhu Dutta A.R.N RayAssistant EditorHeena Kousar NoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comTo subscribeVisit www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comCover price is Rs. 150 per issue.Editor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Info Connect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2022 Info Connect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Senior Designer Girish M Rajesh R BVP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Keerthana Kantharaj Sthitaprajnya Panigrahi Roopalatha H Tanuja Akkanavar Shirly Pabisha T
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