How fashion startups get accepted into tech accelerators
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How fashion startups get accepted into tech accelerators
1–10 of 12 posts
Re: How fashion startups get accepted into tech accelerators
#2Key takeaways:
Fashion companies are looking to invest in “enabling” startups that help them implement new business models or technologies.
Venture capitalists and incubator executives like founders who don’t gloss over the challenges they face.
Founders should have concrete data on the competition and potential consumers, as well as preliminary results of having tested their idea.
Re: How fashion startups get accepted into tech accelerators
#3I'm surprised I haven't seen more fashion/clothing startups (maybe I have just missed them?).
Specifically I see great potential in just-in-time production of garments using 3D scanning, motion tracking, "curve" fitting algorithms and automatic manufacturing. I would LOVE to be able to walk into a store and buy a pair of jeans that actually had a great fit. Would definitely pay premium. Tailors doesn't scale well.
Re: How fashion startups get accepted into tech accelerators
#4I'm surprised I haven't seen more fashion/clothing startups (maybe I have just missed them?). Specifically I see great potential in just-in-time production of garments using 3D scanning, motion tracking, "curve" fitting algorithms and automatic manufacturing. I would LOVE to be able to walk into a store and buy a pair of jeans that actually had a great fit. Would definitely pay premium. Tailors doesn't scale well.
Unfortunately this is probably further than many in tech realise. The tech is getting better but the manufacturing tolerances on most clothing is far too far off.
Typical manufacturing tolerances on "high street" clothing (not high end) will be about half a size. On budget clothing it could be as much as a whole size out between batches.
It's not until you get to much higher end than most people are willing to pay that you get to the good enough tolerances. a £50 shirt (which is pretty high end for most people) will still be out by a lot. A £150 shirt might have the potential to be close enough on the tolerances, but at that price point sizing isn't the factor that people care about, it's luxury brand names.
I'd be happy to pay a premium for good fits, but the premium I'd be willing to pay (and that I bet many/most would be willing to pay) is in the 10-30% range, not the 200-300% range that it would likely need to be.
Re: How fashion startups get accepted into tech accelerators
#5I'm surprised I haven't seen more fashion/clothing startups (maybe I have just missed them?). Specifically I see great potential in just-in-time production of garments using 3D scanning, motion tracking, "curve" fitting algorithms and automatic manufacturing. I would LOVE to be able to walk into a store and buy a pair of jeans that actually had a great fit. Would definitely pay premium. Tailors doesn't scale well.
Unfortunately this is probably further than many in tech realise. The tech is getting better but the manufacturing tolerances on most clothing is far too far off. Typical manufacturing tolerances on "high street" clothing (not high end) will be about half a size. On budget clothing it could be as much as a whole size out between batches. It's not until you get to much higher end than most people are willing to pay th…
One free trick to getting a better fit is to try on more than one of the “right” size for the same article of clothing.
Re: How fashion startups get accepted into tech accelerators
#6I'm surprised I haven't seen more fashion/clothing startups (maybe I have just missed them?). Specifically I see great potential in just-in-time production of garments using 3D scanning, motion tracking, "curve" fitting algorithms and automatic manufacturing. I would LOVE to be able to walk into a store and buy a pair of jeans that actually had a great fit. Would definitely pay premium. Tailors doesn't scale well.
Unfortunately this is probably further than many in tech realise. The tech is getting better but the manufacturing tolerances on most clothing is far too far off. Typical manufacturing tolerances on "high street" clothing (not high end) will be about half a size. On budget clothing it could be as much as a whole size out between batches. It's not until you get to much higher end than most people are willing to pay th…
> at that price point sizing isn't the factor that people care about, it's luxury brand names.
Is this your personal experience or do you have data on this? YSL is one example has very tight (thin) fits on their jackets. You will buy the one that fits the best, otherwise it's gonna look ridiculous.
Re: How fashion startups get accepted into tech accelerators
#7Earlier quoted context omitted.
Unfortunately this is probably further than many in tech realise. The tech is getting better but the manufacturing tolerances on most clothing is far too far off. Typical manufacturing tolerances on "high street" clothing (not high end) will be about half a size. On budget clothing it could be as much as a whole size out between batches. It's not until you get to much higher end than most people are willing to pay th…
> at that price point sizing isn't the factor that people care about, it's luxury brand names. Is this your personal experience or do you have data on this? YSL is one example has very tight (thin) fits on their jackets. You will buy the one that fits the best, otherwise it's gonna look ridiculous.
I think the OP's point is that at that end of the market, the salesperson measuring you up for the custom fit/alteration of shirts is still good enough [and pays for themself] to get dimensions you'll be happy with, and 3D scanning tech is a niche pitch.
Re: How fashion startups get accepted into tech accelerators
#8Earlier quoted context omitted.
> at that price point sizing isn't the factor that people care about, it's luxury brand names. Is this your personal experience or do you have data on this? YSL is one example has very tight (thin) fits on their jackets. You will buy the one that fits the best, otherwise it's gonna look ridiculous.
I think the OP's point is that at that end of the market, the salesperson measuring you up for the custom fit/alteration of shirts is still good enough [and pays for themself] to get dimensions you'll be happy with, and 3D scanning tech is a niche pitch.
Yep this was my point. It's not that people don't want things that fit, it's that this is not the primary motivating factor in that part of the market.
Re: How fashion startups get accepted into tech accelerators
#9Earlier quoted context omitted.
Unfortunately this is probably further than many in tech realise. The tech is getting better but the manufacturing tolerances on most clothing is far too far off. Typical manufacturing tolerances on "high street" clothing (not high end) will be about half a size. On budget clothing it could be as much as a whole size out between batches. It's not until you get to much higher end than most people are willing to pay th…
One free trick to getting a better fit is to try on more than one of the “right” size for the same article of clothing.
Free business idea: Don’t worry about loose manufacturing tolerances, but make a way of precisely measuring each individual finished garment, then match the specific garment to the specific customer.
Re: How fashion startups get accepted into tech accelerators
#10Earlier quoted context omitted.
One free trick to getting a better fit is to try on more than one of the “right” size for the same article of clothing.
Free business idea: Don’t worry about loose manufacturing tolerances, but make a way of precisely measuring each individual finished garment, then match the specific garment to the specific customer.
I like it.