MAGIC Las Vegas 2018: Key Takeaways from Day One

Executive Summary

This week, the FGRT team is attending MAGIC Las Vegas 2018, one of fashion’s most comprehensive trade shows covering men’s, women’s and children’s apparel,accessories and footwear. Here, we share five key takeaways from day one of the event.

• Companies are hiring Chief Algorithm Officers (CAOs) to raise their apparel IQ.
• At Hugo Boss, smart factories are the company’s “digital twin” and are transforming fashion production.
• Connectivity—through relationships in the supply chain—provides speed.
• Transparency into all elements of the supply chain—through connected apps—is the future of fashion.
• In women’s footwear, price and value are driving buying decisions for the consumer, while brand is most important for athletic shoes.