Innovation has been the key driver of fashion and tech sectors. The growth trajectory of fashion and technology has been fascinating according to entrepreneur Chris Burch. Today, it is possible to predict tech fashion trends by simply looking at the status of both sectors in both the past and the present.
How fashion promotes technology growth
Chris Burch backs his assertions that technology relies on fashion to grow by using the boom box as the case study. When the boom box debuted in the 70s, people were excited since they could enjoy sweet songs and listen to their favorite station wherever they went. The relevance of the boom box increased immensely after several award-winning films introduced it into their story lines. Everything changed after the Walkman’s invention in the 90s – people could now attain an incredible and personal music experience. The invention of iPod in early 2000 brought lots of excitement due to the quality of entertainment this device was delivering.
Tech & Fashion Fusion
The blending of fashion and technology is an interesting trend that is currently taking place. Fashion designers are using latest technologies to develop exceptional fashion items or products. Some designers have concentrated on boosting protection by creating devices like Airbag for Cyclists and Firefighters Frontline Gloves. Others have designed fashionable outfits using recycled products as raw materials.
Chris Burch leads the executive team of Burch Creative Capital as the president and CEO. This New York-headquartered firm oversees brand development and venture investments. Chris is one of the founding executives of Tory Burch. The Forbes Magazine listed him in its yearly list of The World’s Billionaires, asserting that Chris’ majority shares in C. Wonder increased his net worth above the ten-figure mark. Apart from his personal investments, Chris was a leading stakeholder at the Guggenheim Partners.
Career in fashion and real estate sector
Eagle’s Eye apparel was the first fashion firm that Chris and his brother, Robert, unveiled. They started this fashion company while they were students at Ithaca College. Under the management of the two brothers, the business grew to other campuses and retail stores. The two brothers sold Eagle’s Eye apparel to Swire Group in 1998. In 2004, Chris entered a partnership deal with hotelier Alan Faena and engineer Philippe Stark that saw them refurbish the Buenos Aires’ Faena Hotel Universe. In 2005, he acquired a Southampton-based luxury home at $14 million and, four months later, sold it for a record $25 million.
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