The Ministry of Trade, Industry and Energy and the Korea Fashion Industry Association launched the’K-Fashion Digital Transformation Forum’ (hereinafter referred to as K-Fashion Forum) at the Textile Center in Gangnam-gu, Seoul on the 3rd and held the first policy meeting.
The K-Fashion Forum plays a central role in strengthening collaboration between the government and industry to increase industrial vitality, such as discussing the direction of digital transformation of the fashion industry.
With the main theme of’digital transformation of the fashion industry’, sub-subcommittee forums such as general discussion, planning, production, and distribution will be held bimonthly to discuss sub-themes for each value chain of the fashion industry.
Furthermore, it will function as a venue to discover strategic tasks for digital transformation by subject and create new business models through expert presentations, panel discussions, and listening to field opinions.
At the policy meeting, attended by the Ministry of Industry officials and 10 fashion industry experts, Seoul National University’s Artificial Intelligence (AI) Research Institute gave a special lecture on’The Role of AI in the Fashion Industry, Present and Future’ and the Fashion Industry Association’s’Direction of K-Fashion Digital Transformation’ The announcement was in progress.
The Ministry of Industry, Fashion Association, and Seoul National University have signed a three-party mutual cooperation agreement to create a digital ecosystem for the fashion industry.
Han Jun-seok, chairman of the Fashion Industry Association, emphasized that “digital transformation should not only expand online business, but lead to accurate prediction of consumption trends, efficient allocation of resources, and establishment of a new system that can quickly meet consumer demands.”
“If the fashion industry industry, academia, and research institutes consistently draw up tasks necessary for digital transformation, the government will actively reflect them in the policy”, said Kang Kyung-sung, head of the industrial policy department of the Ministry of Industry. “Preparing a concrete digital transformation promotion strategy covering the fashion industry in the first half of this year I plan to do it.”
/yunhap news
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