U.S. Secretary of Commerce Penny Pritzker will be the moderator for a panel of senior level business leaders at the Smart Fabrics Summit on April 11, 2016 in Washington D.C.
The Summit, hosted by the Department of Commerce and the Industrial Fabrics Association International (IFAI), will provide a forum for public and private sector leaders in technology, apparel and textiles to highlight recent developments in the smart fabrics industry, identify opportunities for collaboration and discuss key industry challenges.
Recent advances in technology have brought together the apparel, technology and textile industries to develop new capabilities in fabrics. Known as “smart fabrics,” these high-tech products have the capability to interact with the user or environment. The world market for smart clothing is projected to grow from a base of $17.2 million in 2013 to approximately $600 million by 2020, according to research firm Tractica LLC. Panelists for the Smart Fabrics Summit include David Lauren, executive vice president of Ralph Lauren, Josh Walden, senior vice president of Intel, and Mary Hennessy, president and CEO of IFAI.
More information about attending or sponsoring the event can be found on the Smart Fabrics Summit website.