H&M Group's 'Itsapark' Encourages Idea Exchanges
Laura McQuarrie — April 5, 2019 — Business
References: itsapark & thecurrentdaily
There's tons of style advice that's offered online but most of it fails to consider the nuances of a particular situation, garment or even an individual's sense of style. H&M Group is helping to remedy this with a new online platform called Itsapark, which bills itself as a "meeting place for exchanging ideas and advice about fashion."
Itsapark is currently accessible in beta mode and community members are able to get advice on how to dress for an interview at a creative office, how to find the perfect t-shirt, tips on styling specific accessories, even ideas on how to wear the hottest colors of the season. Questions can be answered by Itsapark community members, creators and visual guides, which instantly allow users to shop for products from H&M Group brands.
Itsapark is currently accessible in beta mode and community members are able to get advice on how to dress for an interview at a creative office, how to find the perfect t-shirt, tips on styling specific accessories, even ideas on how to wear the hottest colors of the season. Questions can be answered by Itsapark community members, creators and visual guides, which instantly allow users to shop for products from H&M Group brands.
Trend Themes
1. Personalized Style Advice - Opportunity for AI-powered platforms that provide tailored fashion advice based on individual preferences and situations.
2. Community-driven Fashion Platforms - Opportunity to create online communities where fashion enthusiasts can exchange ideas and advice, fostering a sense of belonging.
3. Integrated Shopping and Styling Experiences - Opportunity to develop platforms that seamlessly combine style advice with personalized shopping options for a convenient and efficient experience.
Industry Implications
1. Fashion Retail - Disruptive innovation opportunity for fashion retailers to integrate online platforms that offer personalized style advice and a seamless shopping experience.
2. Artificial Intelligence - Opportunity for AI technology providers to develop algorithms that analyze fashion preferences and provide tailored style advice based on specific occasions.
3. Social Networking - Disruptive innovation opportunity for social networking platforms to expand into the fashion industry, creating communities where users can share fashion advice and bond over similar interests.
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