Andrew Burnstine – Retail Matters

Fashion continues to evolve, artificial intelligence (AI) is fast emerging as a transformative force in the fashion industry. According to McKinsey analysis, generative AI could add, conservatively, $150 billion and up to $275 billion to the apparel, fashion, and luxury sectors’ operating profits in the next three to five years. This astronomical figure underlines the pivotal role that AI is set to play in the future of fashion, not just as a disruptor, but also as a value creator. From predicting trends and optimizing supply chains to customizing the shopping experience and enabling virtual try-ons, AI’s potential in reshaping the fashion landscape is substantial and varied.

Andrew Burnstine – Retail Matters Studio

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