The fashion industry, once a trendsetter, now struggles to keep pace with the breakneck speed of fashion innovation. Consumers demand fresh designs that resonate with their values, and traditional design houses are finding it difficult to adapt. This challenge is amplified by the growing desire for sustainable fashion options. Fast fashion, the industry’s dominant model, prioritizes rapid production and trend replication, leaving little room for innovation or eco-friendly practices. Enter open innovation, a revolutionary approach that is shaking up the fashion world.
At Untap, we stand witness to the power of open innovation. As an innovation and talent discovery software, we help organizations plan, manage, and assess hackathons, innovation challenges, and crowdsourcing initiatives.
Our exploration of open innovation has revealed a landscape brimming with disruption. The power of collaboration is reshaping industries, and fashion is no exception. In this article, we explore the power of open innovation in fashion, sharing our experience and why we believe it’s the future of the industry.
ALOHAS, a forward-thinking company, leveraged Untap’s platform to host a global footwear design contest focusing on sustainability and innovation. Untap’s user-friendly interface streamlined the process, allowing ALOHAS to:
This streamlined experience for both ALOHAS and the participating designers is a testament to Untap’s capabilities. It begs the question: why aren’t more fashion brands leveraging this powerful approach?
The fashion landscape is undergoing a seismic shift. We’re moving away from an era dominated by industry giants dictating trends, and towards a future that celebrates democratized creativity. This means empowering the next generation of fashion pioneers by embracing open innovation. Here’s why all fashion brands should consider opening up their innovation process:
Aloha’s Footwear Contest exemplifies the transformative power of open innovation in fashion. But it’s just the tip of the iceberg! Industry giants like Under Armour, Kering, and H&M are also embracing this approach in unique ways:
Untap is here to guide you every step of the way. Whether you’re planning a design contest, a hackathon, or an innovation challenge, we have the tools and expertise to bring your vision to life. Get started or book a demo today and discover the endless possibilities of open innovation in your industry.