Four Big Problems With Online Retail And The Startups Hoping To Solve Them

SETH PORGES | March 1, 2019

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The worlds of fashion and retail exist in a perpetual paradox. On one hand, they are dynamic and ever-changing built around the idea that neither consumers nor their preferences sit still. But on the other, these industries are old school to a fault, and often set in their ways and surprisingly slow to adopt new ideas and technologies. In other words: While there's an almost universal sense that big changes could be just around the corner in how customers discover and purchase the items they wear, there's still a lot of work to do in terms of actually integrating new technologies and trends into the way brands and retailers do business. To see where the fashion and retail industries could be headed in the future, I reached out to my friends at the New York Fashion Tech Lab (NYFTL): A unique non-profit that pairs early-stage, female-led startups in the fashion and tech spaces with major brands and retailers (companies like Macy's, LVMH, Kohl's, and Foot Locker) in a sort of incubator-meets-mentorship program. (Note: A company I used to work with participated in this program some years back. I have no current involvement with the program nor any of its cohort companies.)

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Camden Market

London's leading Market destination home to independent retail, global street-food, restaurants and bars.We are the team behind Camden Market that oversees the 1200+ permanent offerings and regular events. We also manage the digital market place that enables our traders to sell their products online.

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