
How Web3 is shaping the future of shopping
The Future of Shopping with Vogue Business
Evolving Technologies in the Fashion and e-Commerce Industry
The chapter discusses the importance of retaining value in the consumer base, optimizing product merchandising, and managing stock effectively in the fashion and e-commerce industry. It highlights opportunities for improvement in merchandising, stock forecasting, supplier interactions, and the role of technology in transforming production models and enhancing the supply chain. Additionally, the chapter explores the expanding definition of Web3, its impact on the luxury fashion industry through NFTs and loyalty programs, and the potential use of AI in pricing secondhand luxury products.
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