Corporate Network of Executives
Connect and be evaluated by business executives from these organizations:
This is a grand challenge jointly proposed by leading corporations interested in collaborating with startups. If you believe you can be the protagonist of the solution, register your startup:
Description of Challenge:
The textile and garment industry is responsible for manufacturing fashion and no other industry has to follow up so quickly the changes in consumers’ lifestyle. Thus the products have a very short life and on the other hand the production flow is one of the longest and most complex. Such dichotomy results in a challenge to the companies having to answer to the market in fast and dynamic mode; thus the competition in the fashion industry became more intense not only with the fast evolution of fashion trends but also due to the multiple channels of distribution and reach to customers. The differentiation of products is the biggest challenge faced by fashion retailers. On the other hand, the beauty market is usually divided into five major business segments: skin, hair care, color (makeup), fragrances and personal hygiene. Such segments are complementary and through their diversity they can meet the needs and expectations of all consumers concerning cosmetic products. In view of such scenario, major companies and startups have invested mainly in technologies for online purchases with ads in virtual stores bringing challenges such as security in purchasing, logistics and facility of delivery, to name a few. Therefore there are startups developing solutions for manicurists, makeup artists, massage professionals, hair stylists and others.
Opportunities for Startups: