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Fashion doubles down on tech

Fashion companies believe technology could create a competitive edge. Over the next decade, the industry average technology investment is expected to double, from between 1.6 and 1.8 percent of revenues in 2022 to between 3.0 and 3.5 percent in 2030.

Fashion doubles down on tech
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To read the article, see “State of Fashion Technology Report 2022,” May 2, 2022.