Technology can help in all industries. Case in point: fashion repair. With the circular economy top of mind in recent years and an uptick ahead, the global resale market is expected to almost double to $350 billion by 2028.
Enter Coblrshop, a female-founded tech startup looking to minimize the environmental impact of the fashion industry. COBLR is a SaaS (software-as-a-service) solution designed specifically for the management of repair business.
Here is how this can help in fashion repair:
Move away from manual processes and streamline operations.
Automate customer updates, completion estimates, and targeted marketing capabilities.
Assistance from AI (artificial intelligence) for repair diagnostics, which reduces time to create custom repair quotes.
With nearly 50% of fashion resale goods requiring repair, according to Coblrshop, combined with pressure from policy, and a shift in consumer behavior prioritizing sustainability and buying used, there is a seismic increase in the demand for repair. The bottomline is we are moving to a more circular world, and technology can help.
The post Success Stories: Fashion and the Circular Economy first appeared on Connected World.