Austin's fashion industry is poised to grow should it receive additional resources and focus more on wearable technology apparel, according to a city-funded economic development report released Oct. 2.
The city’s Economic Development Department initiated the study following an August 2014 City Council request to learn the fashion industry’s local economic impact—estimated to be $86.3 million annually—and potential ability to grow. The report proposes creating a fashion industry incubator to help facilitate such growth and identifies specific opportunities to expand based on Austin’s convergence of health care and technology initiatives.
“Now is an optimal time for the city to serve as a … center of the design and production of wearable technology,” the report states, citing the incoming University of Texas Dell Medical School and surrounding Innovation Zone as reasons for merging Austin’s fashion industry with other existing efforts.
As one example, Under Armour, a fitness apparel company based in the East Coast, intends to open its first “Connected Fitness” digital headquarters in the Seaholm Power Plant redevelopment site, according to the report.






