FSN 400 Lecture Notes - Lecture 1: Cashless Society, Self-Checkout, Apple Pay
19 Feb 2020
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Document Summary
Scope of the fashion industry: the global fashion industry is worth approx. Jac: as of dec 1, 2018 there are 101 jac retail stores in china - the corporation owns 30% of the stores, and 70% are franchise. The canadian & global apparel industry: overview: the japanese purchase 50% more, and spend 30% more than, chinese buy 60% more and spend. Apple watch: ai sales assistant: possibilities of having a robot as a sales associates, or having mirrors assistant, privacy in a cashless future, apple pay: a shift being made to a cashless society. Self checkout (getting rid of human interaction: new data is a new currency, ex. Giving free samples for data; asking for social media or email: the luxury of human interaction, sales associate: the lower the cost, the more value it is; getting rid of humans; it"s now a. The 90s fashion, sitcoms, etc: big influence in the last 5 years, transaction on the move, changing retail.
