New York Fashion Tech Lab Marks 50th Lab Company Milestone with Sixth Cohort

The New York Fashion Tech Lab (NYFTLab), the leading Fashion-
Tech innovation lab, announced the eight women-led tech companies
selected for its sixth program. Since 2014, the program has been at the
forefront of retail and fashion technology innovation and integration.
This year, the participating lab companies, hand selected by the retail,
fashion and technology partners, will focus on solving retails biggest
challenges through the use of AR, last mile delivery, advanced consumer
rewards, integrated video and robotics.

“We’ve sourced technology for the retail industry to meet the powerful
consumer expectations that continue to shift the industry on a daily
basis,” said Kay Koplovitz, Co-Founder of the Lab and Chairman of
Springboard Enterprises. “Our success can be seen in the collaborations
that continue between the companies and retailers we bring together well
beyond the time in our program. As we announced at Demo Day last year,
we’re setting our sights on expansion, and look to share this success
with the leading fashion retail partners in new markets soon.”

The 2019 NYFTLab companies, selected by the participating retail,
fashion and tech partners, include:

Returning to work with this year’s lab class are NYFTLab Founding
Members LVMH,
and Macy’s,
Inc., as well as multi-year partners Kohl’s,
MATCHESFASHION.COM,
Perry
Ellis International, and Tory
Burch. New to the program for 2019 are PVH
Corp, Levi
Strauss & Co, and Foot
Locker who look to add their unique perspective.

Also returning are NYFTLab’s unparalleled technology partners, Accenture
and Avery
Dennison for their second year, and Microsoft
for its fourth. All partners will work with the lab companies to enable
iteration, validation, and acceleration of their technologies to advance
their businesses and the industry.

The program involves a working collaboration between the Lab companies
and iconic fashion retailers, brands, technology partners and well-known
industry experts. The sixth cohort showcases a range of technologies,
expressly developed by women-led companies, designed to improve the
customer experience and retailers’ overall businesses.

The 2019 Lab will again be in residence at Spring
Place: A collaborative workspace and membership club connecting a
community of global professionals and entrepreneurs.

The program will culminate with Tech Runway Demo Day on Thursday, June
13th, 2019 with InStyle
at Meredith
Corporation in New York.

For more information, please visit http://www.nyftlab.com/.

ABOUT THE CO-FOUNDING & PRODUCING PARTNER, SPRINGBOARD ENTERPRISES

Since 2000, Springboard Enterprises (http://www.sb.co/)
has served as a global resource hub of influencers, investors and
innovators engaged in helping women entrepreneurs build transformational
businesses. Springboard sources, coaches, showcases and supports
women-led growth companies seeking investment of financial and human
capital for product development and expansion.

The 735 Springboard portfolio companies have raised more than $8.7
billion, created tens of thousands of new jobs, and generate billions of
dollars in annual revenues. 84% of Springboard companies are growing as
independent or merged entities, including 17 IPOs and many that are the
technology engines of publicly traded companies.

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