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Forecasting, big data propel China's fashion industry

China

China

China

Forecasting, big data propel China's fashion industry

2024-09-08 19:15 Last Updated At:19:37

Fashion forecasting and big data are becoming key drivers of innovation and growth of China's fashion industry. NellyRodi, an international consulting agency, has predicted the prominences of the coming 2025/2026 fashion seasons with a think tank of experts from various fields to analyze consumer preferences and forecast fashion trends.

"One particularly interesting point is that for each season, we first predict a primary trend color. For example, we forecast that deep blue is the main color for autumn and winter of 2025 and 2026. And the major trend is practicality, by which consumers immediately understand what function it could produce at just a glance of it," said Xu Fanting, training director at NellyRodi China.

Fashion predictions deduce future based on the analysis of known data, and also based on observations of people's preferences in their outfits to comprehend aesthetic signs.

"Fashion trend forecasting is not just a perceptional judgment, it actually incorporates scientific methods of many disciplines. When an isolated event occurs, it's just an accidental phenomena, but when two similar phenomena happen in different places at the same time, we might call it coincidence. When we see three similar things occur simultaneously, we can call it the start of a trend," said Hu Qinghuan, president of NellyRodi China.

Industry data could influence designers. As the latest data indicate, the market of traditional Chinese clothing Hanfu reached 14.47 billion yuan (about 2 billion U.S. dollars) in 2023 and is expected to grow to 24.18 billion yuan by 2027.

With this rapid growth projected, many clothing businesses have designed new products with a taste of traditional elements.

"This garment is in typical style of women's clothing of the Song Dynasty (960-1279), called 'beizi' [or a kind of long coat skirt], but we've highlighted it with modernized fabrics. In this piece you can see the traditional crossing-collar of the Song Dynasty, [and the inspiration of which] came from ink wash painting. But we used modern velvet materials, blending traditional culture with a style suitable for daily wear," said Jin Meimei, a clothing seller in Beijing.

Retailers are also leveraging big data to enhance customer engagement, offering personalized services that reflect the latest trends.

In a clothing store in Guangzhou, brand manager He Minli introduced a machine for in-store customization service for buyers, allowing them to embroider unique patterns on the clothes sold at her store.

"For small embroidery pieces like these, they can be sewn onto clothing in just a few minutes on this machine, turning them into personalized styles. We also continuously update our accessories. Big data are very powerful nowadays, and we also always follow overall fashion trends," said He.

Forecasting, big data propel China's fashion industry

Forecasting, big data propel China's fashion industry

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CIFTIS 2024 achieves nearly 1,000 results

2024-09-16 20:09 Last Updated At:20:37

The 2024 China International Fair for Trade in Services (CIFTIS) held from Sept. 12 to 16 achieved nearly 1,000 results.

More than 2,000 enterprises joined offline exhibitions at the 2024 CIFTIS, with international enterprises accounting for over 20 percent.

More than 100,000 visitors were invited to the event, up 20 percent from last year.

The 2024 CIFTIS issued more than 200 integrated innovation outcomes in terms of developing new quality productivity.

Nearly 1,000 outcomes in seven categories including investment were reached during the event, mainly in fields including construction, finance, and commercial services.

Several authoritative reports including one on development of China's trade in services were issued at the event.

Themed "Global Services, Shared Prosperity," the 2024 CIFTIS was held at the China National Convention Center and the Shougang Park in Beijing from Sept. 12 to 16.

CIFTIS 2024 achieves nearly 1,000 results

CIFTIS 2024 achieves nearly 1,000 results

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