The Fashion Innovation Award is a call to Innovation aimed at existing companies and start-ups who have a technology or product which has the potential to widely disrupt the fashion and retail industries. 15 start-ups will be selected for the shortlist. The best startups will have the chance to pitch their ideas to investors and fashion brands.

In efforts to bring together fashion and retail innovation, Loomish, a consultancy company proving digital investment consultancy services specifically within the fashion and retail industry, has launched the Fashion Innovation Award.

The Fashion Innovation Award is organised for startups and young companies involved in studying and designing intelligent, digital solutions for the fashion and retail industries. The best solutions will be chosen by an international-level jury of experts and top managers from the fashion and retail world, as well as investors and academics. They identify solutions that offer the most disruptive, innovative business opportunities and which are ready to scale internationally.

Selected startups/ideas will benefit from a wide array of offers. The best start-ups will have the chance to meet face-to-face with leading investors, world-class fashion & retail brands as well as gain visibility. A development package from Loomish and its partners worth thousands of Euros will also be provided. This includes support and mentoring as well as an equipped office space in the FDL in Pura or Lugano. Furthermore, startups will have the chance to pitch their ideas to investors and fashion brands at a dedicated event on March 25th and then at the 'Fashion meets e-Commerce' event in Lugano on March 26th 2018.

“We are committed to making Switzerland the global driver of digital innovation in the fashion industry. As such we are committed to offering 360° support to the start-ups with the ideas and skills to make this a reality” states Loomish.

Eligible to apply are young and dynamic technology and digital companies and start-ups with a turnover of between 100k EUR and 10m EUR and are currently preparing to scale. Aspirants with Blue-sky concepts with a great business plan are also invited to apply. All applicants are required to have an innovative solution for the world of Fashion and Retail. These may be in the fields of: Retail innovation, Customer care/after sales, Customer experience, Supply chain/logistics, Big data & analytics, Payment solutions & fraud management, CRM, Sustainability, etc.

Applications are open until March 2nd 2018.

Source: Loomish

Illustration Photo: The collection reflects circular shapes and geometric patterns that are common in cymatics and serve as the basis for this collection’s biomorphic volumes. Among others van Herpen developed other fabric techniques exclusively for the collection, include stitching pearl-coated rubber fabric onto black tulle to create fossil and floral layering. A halter dress is laser cut and stretched over black wire to scroll around the body like waves of sound in a shell. (credits: Iris Van Herpen / Team Peter Stigter / Flickr Creative Commons Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND 2.0))

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