New York Fashion Tech Lab unveils its eighth cohort – WWD
The New York Fashion Tech Lab, a women’s program promoting the advancement of retail fashion and technology, today unveiled its eighth cohort.
Six women-led companies have been selected by industry leaders to participate in the lab’s first fully virtual / digital lab experiment and join the lab from Canada, Australia, Germany, London and United States.
2021 Retail and Branding Partners have selected companies that address themes such as 3D; non-fungible tokens, or NFTs; adjust; social commerce; sustainability and inclusiveness.
During the 12-week program, the selected companies will collaborate with NYFT Lab’s retail and brand partners to seize the opportunities offered by technology to shape the future of the fashion and retail industries. The selected companies will also participate in sessions with the Lab’s network of experts and investors.
The six companies are:
• Lisa, a Germany-based live shopping experience for e-commerce.
• Reflekt Me, a North Carolina-based company that provides product recommendations and creates an inclusive shopping experience.
• Save Your Wardrobe, a London-based company that streamlines the post-purchase experience through an ecosystem of tracking services.
• Vntana, a Los Angeles-based SaaS platform that produces and distributes 3D assets for clothing and footwear.
• Xesto, a Toronto-based company that manufactures a 3D sizing tool for footwear and accessories, accessible on any website.
• 3D Robe, a Sydney, Australia-based company that makes 3D fashion files ready to be sold as NFTs, traded and worn in the Metaverse.
Retailers and brands supporting the 2021 Lab are Return Partners LVMH and Levi Strauss & Co., as well as new partners Burberry, Richemont and Tapestry. NYFT Lab, co-founded by Springboard Enterprises and key fashion retailers to support women-led businesses, is also backed by Accenture and Microsoft.
Jackie Trebilcock, CEO of the NYFT Lab, said she is happy to continue the mission of innovating at the intersection of fashion, retail and technology. “This year it was very important for us to continue our annual program and to continue to serve as a direct intermediary between these innovators and our fashion and retail partners. With fashion having such an impact on culture today, we recognize more than ever that retailers will continue to seek new technological solutions. Alongside our partners, we aim to support entrepreneurs who are making progress in this area, ”she said.
Springboard Enterprises’ mission is to accelerate the growth of entrepreneurial businesses led by women. Since 2000, more than 800 Springboard portfolio companies seeking financial and human capital for product development and expansion have created more than $ 27 billion in value, are income generators and job creators. . There have been over 200 exits from strategic buyers and 21 initial public offerings.