Kornit Fashion Week London 2022: Disrupting the Ideation-to-Production Status Quo for Brands, Creators, and Consumers Alike

Rhea-AI Summary

Kornit Digital (NASDAQ: KRNT) is transforming the fashion industry by highlighting sustainable and on-demand production during Kornit Fashion Week London, held from May 15-17, 2022. Featuring a virtual reality showcase by designer Manish Arora, the event emphasizes the transition from traditional methods to digital solutions, addressing waste and overproduction. Keynote speakers, including industry leaders from ASOS and PVH, tackle challenges in supply chain management and sustainability. Kornit's innovative technology allows rapid design creation and promotes nearshoring to enhance production efficiency.

Positive

• Kornit Fashion Week showcases sustainable, on-demand production, enhancing brand visibility.
• High-profile speakers address key challenges in the fashion industry, attracting investor interest.
• Kornit's technology enables rapid design creation and nearshoring, addressing supply chain concerns.

Negative

• None.

• Explores Fundamental Shift in How Fashion^X Is Created and Consumed as Physical and Virtual Worlds Merge, with Manish Arora Virtual Reality Experience Illuminating the Complete Journey from Creative Inspiration to Finished Apparel
  
  
• Welcoming Major Brands and Retailers, Event Pushes Limits of Creativity, Featuring 12 Spectacular Designer Collections Created in Days Using Kornit’s On-Demand Technology
  
  
• Exclusive Keynote Sessions Present Answers to Industry’s Critical Supply Chain, Inventory Management, Consumer Engagement, and Other Challenges – Include: Former PVH Executive Bill McRaith, ASOS Commercial ESG & Sustainability Director Simon Platts, Designer/Social Entrepreneur Patrick Grant of “The Great British Sewing Bee,” and Media/Technology Entrepreneur Bobby Simms
  
  
• Per McKinsey, Producers Look to Nearshoring as Answer to Supply Chain and Logistics Challenges – Tours at Kornit/Fashion-Enter Fashtech Innovation Center to Demonstrate Profitable, Agile, On-Demand Nearshore Production
  
  
• Exclusive Press Event at Freemasons’ Hall, Monday, May 16 at 1pm UK. Digital Press Kit Available Here and Follow Kornit on Social Media: #KornitFashionWeek
  

LONDON, May 16, 2022 (GLOBE NEWSWIRE) -- Kornit Digital (NASDAQ: KRNT) (“Kornit”), a worldwide market leader in sustainable, on-demand digital fashion^x and textile production, is today disrupting the fashion status quo during Kornit Fashion Week London, May 15-17 at the historic Freemasons’ Hall. The event highlights the power of digital production to transform an industry transitioning from the challenges of waste and overproduction to sustainable, efficient production.

Kornit Fashion Week London kicked off on Sunday, May 15 at 8pm UK with a stunning opening gala featuring designs by world renowned Manish Arora – produced on demand and sustainably with Kornit technology, supplemented by a virtual reality presentation that illuminates his creative process for attendees before connecting it to the physical realization of those inspirations. The following days offer spectacular runway shows combined with keynote and panel sessions by high-profile fashion industry experts addressing critical industry topics. The Kornit press event will take place on Monday, May 16 at 1pm UK at the Freemasons’ Hall.

“Attendees who experience Manish Arora’s virtual reality presentation drawing a direct route from his imagination to runway collection at our opening night gala will understand how we’re transforming what fashion^X can and will be,” said Ronen Samuel, Chief Executive Officer at Kornit Digital. “Kornit is enabling the connection between the virtual world and brilliant, finished apparel, unleashing creativity in new and fascinating ways. This program offers a glimpse into a completely new experience, from the moment of inspiration to the moment a cherished garment arrives, satisfying and invigorating every creator, brand, producer, and consumer throughout the fashion value chain.”

Samuel continued, “According to a new report by McKinsey & Co., the new face of this industry is digital and on-demand – with investments in technology expected to double by 2030. Kornit embraces this potential with our leadership – from inspiration to the consumer’s door, powered by technology. We’re excited to explore these trends at Kornit Fashion Week, demonstrating the brilliance, diversity, and values of visionaries leading this transformation.”

The runway program by seasoned producer Motty Reif incorporates 12 outstanding designer collections created in days using Kornit’s on-demand production – each challenging the limits of creativity, color, and imagination. Attendees will explore the new ways Kornit is driving sustainability and efficiency in a fashion^X industry eager to overcome challenges of overproduction (30 percent) and water waste (95 percent).

The collections at Kornit Fashion Week London could not be created without Kornit’s digital production technology – accelerating creativity and unleashing the potential for unprecedented design freedom. In addition to the numerous fashion collections on display, another renowned designer, Preen by Thornton Bregazzi, will debut their “Breakfast in Bed” collection of home décor applications, also created using Kornit on-demand capabilities. To see the amazing list of designers and their fashion statements, please follow #KornitFashionWeek on LinkedIn, Twitter, and Instagram, and Kornit’s press kit with full designer bios.

Keynote Sessions
According to McKinsey, three-quarters of fashion companies surveyed see shipping disruptions as the greatest threat to flexibility and speed. Seventy-one per cent say they are looking to increase nearshoring by 2025 — bringing manufacturing sites closer to their consumer market — and 24 per cent are planning to reshore manufacturing to the same country of operation as the brand. The rich keynote and panel discussions explore exactly these critical industry issues such as the shift towards nearshore production, developing responsive, conscientious operations balancing responsibility and profitability, and achieving agility to meet changing customer demands. The robust lineup of keynote speaker sessions include:

• Ex-Chief Supply Chain Officer at PVH, Bill McRaith, “Are You and Your Partners Agile and Ready to Meet Changing Consumer Demands in a Sustainable Way?” This keynote analyzes evolving challenges of supply chain economics, managing inventory, curbing overproduction, and the value of bringing production back home.
  

• Commercial ESG & Sustainability Director at ASOS, Simon Platts, “The True Cost of Traditional Fashion Practice – and Our Alternative.” This session analyzes the true cost of traditional fashion practices and explores the demand-and-supply production models that can rapidly respond to consumer needs while boosting speed-to-market and reducing risk.
  
  
• Designer and Social Entrepreneur, Patrick Grant, “Are You Comfortable in Your Clothes?” In this session, Patrick will share his views on how the industry got to where it is today – and where it needs to go in the future.
  
  
• Media and Technology Entrepreneur, Bobby Simms, “The Business of Fashion in the Era of Web3.” This session focuses on how NFTs, the Metaverse, and Crypto are changing the fabric of fashion.
  

“In the fashion world, success demands a great deal of agility – developing a global production structure and manufacturing footprint that strikes the right balance between cost and an ability to respond quickly to ever-changing consumer demands is critical,” said Bill McRaith, Ex-Chief Supply Chain Officer at PVH, a company with an acclaimed house of brands including Tommy Hilfiger and Calvin Klein. “Many of the rules that made the fashion industry successful over the last 30 years just don’t apply anymore. Companies must take a fresh look at their internal processes, value chains, inventory models, and the appropriate balance between producing product offshore and onshore. We’ll learn how to thrive during this transformation at Kornit Fashion Week London.”

“Kornit is flipping the script to supply by demand rather than produce for inventory,” concludes Samuel. “We are confident that fashion will change forever with a digital-first mindset, liberating brands and fashion producers from the waste quagmire, clearing a path to generations of boundless self-expression, unlimited creativity, and sustainable consumption. Those joining us in London will see and understand that complete new creation journey, fully realized by Kornit and our partners in fashion and tech innovation.”

VIP attendees are also invited to demo tours at the Kornit/Fashion-Enter Fashtech Innovation Center to observe the digital, sustainable, on-demand production experience – from inception to delivery of a finished garment, in real time. During these sessions, participants will join live demos of digital production of designs in action – acting as a catalyst for nearshore production and bringing fashion and textile manufacturing back to the UK.

Note to Editors: Visit our digital press kit here to view the full lineup of creative designers and their robust collections. Additionally, browse photos, videos of the event, and more!

About Kornit Digital

Kornit Digital (NASDAQ: KRNT) is a worldwide market leader in sustainable, on-demand, digital fashion^x and textile production technologies. The Company is writing the operating system for fashion with end-to-end solutions including digital printing systems, inks, consumables, and an entire global ecosystem that manages workflows and fulfillment. Headquartered in Israel with offices in the USA, Europe, and Asia Pacific, Kornit Digital serves customers in more than 100 countries and states worldwide. To learn more about how Kornit Digital is boldly transforming the world of fashion and textiles, visit www.kornit.com.

Kornit Media Contact
Craig Librett
Public Relations
Craig.librett@kornit.com

Kornit Investor Contact
Andrew G. Backman
Global Head of Investor Relations
andrew.backman@kornit.com

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2847133b-7a79-4e66-b7f4-e205d7d50643

https://www.globenewswire.com/NewsRoom/AttachmentNg/a03dd0f5-c50d-4e7c-ba3f-08aa0a2a397d

https://www.globenewswire.com/NewsRoom/AttachmentNg/32890f11-aad7-4d58-b254-91010c53b785

FAQ

What is Kornit Fashion Week London 2022?

Kornit Fashion Week London 2022 is an event showcasing sustainable and on-demand fashion production from May 15-17, featuring design innovations and industry discussions.

What role does Kornit Digital play in the fashion industry?

Kornit Digital provides sustainable, on-demand digital printing solutions, transforming how fashion is produced and consumed.

Who are the keynote speakers at Kornit Fashion Week London?

Keynote speakers include Bill McRaith from PVH, Simon Platts from ASOS, and Patrick Grant, addressing critical industry challenges.

How does Kornit's technology impact fashion production?

Kornit's technology allows for rapid design creation and nearshoring, reducing waste and improving efficiency in the supply chain.

When is the Kornit Fashion Week press event?

The Kornit Fashion Week press event is scheduled for May 16, 2022, at 1 PM UK time.