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How FashionPass Is Innovating Clothing Rentals

PYMNTS

billion by 2028 and millennial women are leading the charge, according to Brittany Johnson, CEO and co-founder of online subscription-based clothing service FashionPass. This might attract customers, but retaining them requires constant innovation. The clothing rental market in the United States is projected to reach $4.4

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How kimkim Uses Faster Payments To Win Gig Worker Loyalty

PYMNTS

Gig workers will make up a full half of the American workforce by 2028, responsible for creating online content, designing webpages and conducting local food or historical tours, as well as ferrying passengers for rideshares or renting out their homes on homesharing platforms. This growing segment of workers took home $1.4

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Customer Service Can Be A Competitive Advantage For Digital Platforms

PYMNTS

Older customers might prefer human interaction and want nothing to do with automated help , while millennials or Gen Z might want to solve their issues through chat windows powered by AI. billion by 2028. According to the Payments and The Platform Economy Playbook , the U.S. clothing rental market is projected to reach $4.4

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Fashion Forward: How Tech Is Targeting Waste & Pollution In The $2.4T Fashion Industry

CB Insights

Tech innovations shaping a more sustainable fashion industry. Tech innovations shaping a more sustainable fashion industry. This innovation is being put into practice at H&M’s textile recycling facilities in Hong Kong. These biotech innovations are not as resource-intensive as conventional fibers or fabrics.