The Digital Economist’s Post

Monnier was featured in the Journal du Luxe in an interview with our CEO, Diaa Elyaacoubi - Bouriez.   Thanks to Karen Jouve & Eric Briones and the Journal du Luxe for this special issue on AI/Web3, an innovative and controversial subject that is still too little known by the public.   Topics covered include the customer journey in the Web3 era, the future viability of Web3, and the new challenges facing the luxury industry.   “I'm sure that France and Europe, with their humanist values of sustainable growth and sharing values, can have a positive effect on these new fields. Also, the luxury groups, known worldwide, and the French Touch's ability to make exciting storytellings are both huge advantages. It's important for European luxury groups and fast-growing startups to work together and seize these new business and innovation opportunities”. #MonnierParis #FashionInnovation #BlockchainTechnology #FashionTech #FashionRevolution Diaa Elyaacoubi - Bouriez Flore Pilzer Anne-Sophie JOURDAN - OCHIN Clément SIMON-HARREL Florent Palomares Elodie Binard

✨ Drumroll, please! We're thrilled to unveil a sensational addition to our conference, bringing fresh perspectives, groundbreaking ideas, and a wave of inspiration. Lana Hopkins is the CEO & Co-Founder of some·place A second time founder, building some.place: An immersive commerce platform connecting brands & fans like never before. Previously, Founder of Mon Purse; the first direct to consumer, on-demand, 3D WebGL, accessories brand to scale mass customisation. Born digitally-native in late 2014, award winning Mon Purse experienced high early growth and generated over $20 million in revenue. Featured in Fast Company, Forbes, Vogue US and Financial Times. Exited Mon Purse in early 2018, and shortly thereafter advised a boutique investment bank, global early-stage VC firm, as well as a middle market private equity firm, ahead of co-founding some.place, in 2020. Lana graduated with a Bachelor of Business from the University of Technology, Sydney and has spoken at global events such as: Women's Wear Daily (WWD) London and Tokyo, ShopTalk, Shopify+ conferences, as well as other global technology, retail and media events. Nominated for the Ernst and Young Entrepreneur of the Year, 2018 and retail top 50 in Australia. Lana is based between Australia & the United States. Get ready to be amazed as this new speaker enlightens us with their unique insights and takes us on an incredible journey. Secure your spot now and be part of the excitement! https://lnkd.in/gu8pgMAR #robotics #ai #drones #futures #futuresconference #futurist #metaverse #society #ethiscinai #ethics

At my latest podcast with the brilliant team of Fashion Innovation Agency at London College of Fashion and the fantastic visual artist Johannes Saam we discussed how the Fashion industry is going to change with AI and Blockchain. Here are just a few insights from the episode: 👾 AI will significantly impact all industries, not just fashion, and the focus should be on adopting and utilising it in a productive, inclusive, and positive manner. 👾 Fashion is undergoing significant changes in how it is created, communicated, and consumed, and the implementation of AI tools is inevitable. The pace of AI development is incredibly fast, and it is necessary to keep up with the latest research. 👾 The future requires creatives to understand AI and apply new skill sets for operating AI tools effectively, as it can help overcome limitations and create compelling outputs even with limited resources. 👾 The quality and pushing boundaries in creativity with the help of AI still require significant human input. Access to AI technology is not enough; utilising it at a high level is a critical challenge. 👾 AI will be mainly used for fast fashion as it gives significant advantages for personalisation and scalability. 👾 In the future, AI tools will reflect a designer's style on archived footage by typing the designer's name in a prompt. 👾 AI will democratise fashion creation by allowing diverse creative voices to contribute to the industry. The key is empowering individuals to create content that resonates with their peers and communities. 👾 AI will play a significant role in generating revenue and driving consumer desire for luxury brands by enhancing authentication, emotional connection and aspiration. 👾 The big concern for AI lies in the proliferation of deepfakes and the potential impact on digital identities and misinformation. Blockchain innovation can help verify sources. 👾 Addressing biases in the fashion industry can be achieved by training the AI model. 👾 Despite technological advancements such as AI , consumption and production behaviours remain unchanged, posing challenges for sustainability efforts. Matthew Drinkwater Moin Roberts-Islam #blockchain #ai #innovation #technology #digital #futureoffashion

𝗕𝗿𝗶𝗱𝗴𝗶𝗻𝗴 𝗟𝘂𝘅𝘂𝗿𝘆 𝗮𝗻𝗱 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆: 𝗔 𝗠𝗮𝘀𝘁𝗲𝗿𝗰𝗹𝗮𝘀𝘀 𝗥𝗲𝗰𝗮𝗽 𝗮𝘁 𝗜𝗘 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗦𝗰𝗵𝗼𝗼𝗹 Yesterday at IE Business School Executive Education, we delved into an enlightening masterclass, moderated by Susana Campuzano García that intertwined the realms of #luxury and #sustainability. Here are my takeaways: 📲 𝗧𝗵𝗲 𝗜𝗻𝘁𝗲𝗿𝘀𝗲𝗰𝘁𝗶𝗼𝗻 𝗼𝗳 𝗛𝗶𝗴𝗵 𝗧𝗲𝗰𝗵 𝗮𝗻𝗱 𝗛𝗶𝗴𝗵 𝗙𝗮𝘀𝗵𝗶𝗼𝗻 The discussion opened with an exploration of how #AI and #AR/#VR technologies can drive positive change by Carlota Rodben, author of the book "Beyond Luxury: The promise of Emotion". For luxury brands, #AI offers predictive analytics for better resource management, while #AR and #VR provide #immersive experiences that reduce the need for physical samples, thus lowering the environmental footprint. ✅ 𝗥𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝗶𝘇𝗶𝗻𝗴 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻𝘀 𝗳𝗼𝗿 𝗘𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁𝗮𝗹 𝗜𝗺𝗽𝗮𝗰𝘁 A pivotal aspect of our discussion was the transformative power of an efficiently managed supply chain in minimizing environmental footprints by Ivan Baturone. Every step from #sourcing materials to #manufacturing products holds immense potential for sustainability. By optimising these processes, luxury brands can significantly reduce waste and resource consumption. #Blockchain helps narrate this story, ensuring every step from raw material to finished product aligns with sustainability values. 👗 𝗦𝘁𝗲𝗹𝗹𝗮 𝗠𝗰𝗖𝗮𝗿𝘁𝗻𝗲𝘆: 𝗔 𝗖𝗮𝘀𝗲 𝗦𝘁𝘂𝗱𝘆 𝗶𝗻 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗟𝘂𝘅𝘂𝗿𝘆 Sara Cosano Sánchez-Escribano focused on Stella McCartney's approach to integrating sustainability into her core business model. Her brand is a testament to how luxury and ethical practices can coexist, championing materials and processes that are both high-quality and environmentally conscious. 💡 𝗢𝘂𝗿 𝗥𝗲𝗳𝗹𝗲𝗰𝘁𝗶𝗼𝗻: 𝗧𝗵𝗲 𝗣𝗮𝘁𝗵 𝗙𝗼𝗿𝘄𝗮𝗿𝗱 Companies face a dual challenge: maintaining #profitability while embracing sustainable practices. This balance becomes even more complex when considering diverse global markets, not just in regulatory-intensive regions like Europe, but across a diverse global market. The future demands a reimagining of luxury where environmental ethics are embedded in the core business model. As Carlota paraphrased: "𝐘𝐨𝐮 𝐜𝐚𝐧𝐧𝐨𝐭 𝐩𝐫𝐞𝐝𝐢𝐜𝐭 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞, 𝐛𝐮𝐭 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐜𝐫𝐞𝐚𝐭𝐞 𝐢𝐭" #LuxurySustainability #IEBusinessSchool #InnovativeLeadership #ESG

🚀 Exciting News from Alter Ego! 🌟 We are proud to share that Alter Ego has achieved a significant milestone! We've successfully garnered the support of the esteemed Innovation Council of the Swiss Government, Innosuisse. After a rigorous analysis of our technical innovation, grounded in state-of-the-art research, and a clear demonstration of market opportunity, we've secured substantial financial backing for the Start-up Innovation Project supported by Innosuisse. In our case this is a non-dilutive grant, amounting to nearly 400,000 CHF, that will be complemented by a 30% match from our side. Our goal? To expand our team and propel our product to new heights of maturity and innovation. 🔍 What's on the Horizon for Alter Ego? 🔍 In the next 12 months, we're embarking on an ambitious roadmap including: 👘 Versatility Expansion: We're evolving our tool to automatically include any kind of clothing. This means we can seamlessly cater to brands with extensive collections and a multitude of smaller brands. 🔎 Enhanced Texture Representation: Accuracy and fidelity in texture are important. We're committed to enhancing our texture representation to ensure the highest quality and realism in our product. 💻 Simplified Integration for Brands: Developing an architecture that allows ALL brands to adopt our product effortlessly, with no additional work required on their end. As we forge ahead with these developments, our commitment to integrating with more brands remains the same. We're focused on delving deeper into how our solution can reduce returns and increase conversions across various demographics. We will be releasing a few job opportunities to join our team next week! Stay tuned for more updates as we continue to make strides in bringing a game changer to e-commerce #AlterEgo #Innosuisse #Innovation #StartUpJourney #FashionTech

🌏 Bridging Innovation Globally! 🌟 Exciting news from the beauty world: The Estée Lauder Companies Inc. incubator has officially confirmed its investment in the innovative Chinese brand, Code Mint! 🚀💄 This strategic partnership between one of the world's most iconic beauty companies and Code Mint, a rising star in the Chinese beauty scene, holds immense promise. It showcases Estée Lauder's commitment to fostering global innovation and diversifying its portfolio. Code Mint's cutting-edge approach to #beautytech and products is set to bring fresh, creative ideas to the forefront of the industry. With a focus on #sustainability and #inclusivity, this collaboration aligns perfectly with the evolving beauty landscape. As we witness the global beauty market evolving, partnerships like these illuminate the path to exciting innovations. 🌟🌏 https://lnkd.in/eFRhtsNB #BeautyInnovation #GlobalPartnership #EsteeLauder #CodeMint #BeautyIndustry #BeautyTech #Innovation #EsteeLauder #CodeMint #BeautyIndustry

Urbanic secures 150 million US dollars to boost AI design London-based fashion brand Urbanic has successfully secured $150 million in a series C funding round led by Mirabaud Group Lifestyle Impact and Innovation Fund, D1 Capital Partners L.P. Partners, Jam Fund, and other global investors, along with support from European luxury fashion families. The funding will expedite Urbanic's growth and the expansion of technology-driven and socially responsible fashion designs. The brand, founded in 2019, focuses on blending innovation and responsibility by leveraging AI and machine learning to systematically generate fashion designs and improve overall supply chain efficiency. The proprietary large language model (LLM) plays a key role in these AI-driven creative processes. #Urbanic #FashionTech #AIDesign #SeriesCFunding #MirabaudLifestyleImpact #D1CapitalPartners #FashionInnovation #AIinFashion #MachineLearning #LLM #TechInnovation #FashionDesign #SustainableFashion #FashionSupplyChain #TechFunding

Amazing work done by Olivier Tjon & our team at BEYOND REASON - Actionable Neuromarketing for our participation at the WWD Tech symposium. A must-see if you're working in the luxury and/or NFT business. For more info, get in touch, but first of all, enjoy this great video 🙌 #neuromarketing #luxurymarketing #beyondreason