In addition to the real estate and partnership revenue streams Manufacture New York's business model is based on, the company is focusing a large portion of their efforts into merging fashion and technology and to a field known as "fiber science."
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"I'm not looking at the future [of] wearables as gadgets, I'm looking at it as full integration—so invisibility—so you're not going to know that you're wearing wearable technology," said Amanda Parkes, Manufacture New York's chief of Technology and Research.
What she's talking about is the possibility of embedding circuitry or batteries within textiles that could enable you to change the color of your shirt with the touch of your smartphone or wear clothing that could regulate your body temperature.
Manufacture New York said they are already working with several major tech companies that can't yet be named, but the goal is to have the fashion and tech industries collaborate on products that can be brought to market profitably.
Designer Cri Gabriele of Heart and Noble already sees the potential for her line of 3D jewelry and accessories.
"You can be sitting in the café drawing on a napkin or making a 3D mold with Fimo [clay], or whatever it is you feel easiest to mold an object with, and you can take that to the tech department, and essentially in the afternoon, if the process is straightforward, you could have a rendering and actually maybe a 3D-printed model or prototype of what you had been imagining that morning," said Gabriele.
Perhaps the most anticipated innovation coming out of Manufacture New York this fall, though, is what Parks calls the "Tesla" high heel. Parks is also the Fashion Scientist for Thesis Couture, which is working with an astronaut from Elon Musk's SpaceX venture, an orthopedic surgeon and an Oculus engineer, among others, to come up with a comfortable high heel.
"Thesis Couture is kind of taking the Tesla model, which is really redesigning the shoe inside out, and applying it to high heels. It's going to look like a really high-end couture shoe—and that's the whole point, that you're not going to know," said Parkes.
If it's successful, you can bet that hundreds of thousands of women will be willing to pay top dollar for that.
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