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Published at Wednesday, March 13, 2024 2:45 PM in the community EIT Culture & Creativity Investment Network

Luxury fashion overstock

There is $1Bn #market open for the new concepts and startups to solve luxury overstock problem!

To name a few.. these companies are already solving it in their concrete ways:

💡 by improving fashion buying accuracy & trends forecasting with #ai solution Heuritech

👗 #digitalfashion companies are on a mission to reduce all together stock for digital photoshoots by providing an alternative solution Daniella Loftus DRAUP

✂ LVMH's own Nona Source is engaged into the problem of unsold material from epic collections of Christian Dior Couture Fendi GIVENCHY...

any examples from your ecosystem of 🔥 startups?