NC AI (CEO Lee Yeon-soo) and Korea Textile Newspaper (CEO Kwon Young-seol) signed a memorandum of understanding (MOU) on the 17th at the NC AI headquarters in Pangyo to promote the expansion of 'VARCO Art Fashion' and AI convergence (AX) in the textile and fashion industry.
Attending the signing ceremony were NC AI Chief Business Officer (CBO) Lim Su-jin and Korea Textile News CEO Kwon Young-seol, who pledged close cooperation between the two organizations. Korea Textile News is a leading professional publication representing the textile and fashion industry for 44 years.
This MOU outlines the two companies' commitment to maximizing synergy through collaboration in VARCO solutions and AI to drive future innovation in the textile and fashion industries. Specifically, the two companies will lead the introduction and expansion of the "VARCO Art Fashion" solution into the domestic fashion industry and continue to collaborate and collaborate on optimizing cutting-edge AI technologies for industrial applications.
"Barco Art Fashion" is an AI image generation tool for fashion designers and marketers. It's a SaaS-based subscription service that facilitates the creation of a variety of fashion content, including product designs, outfit shots, and marketing visuals. It reduces the time and cost burden of traditional design processes and facilitates the creation of customized marketing assets that reflect brand personality and identity, making it a popular choice for many fashion companies.
Going forward, the two companies plan to increase the utilization of VARCO solutions, including Barco Art Fashion, through joint promotional and marketing strategies, the discovery and expansion of AI solution application cases in the industry, and training and seminars for fashion industry professionals. Through these efforts, the two companies aim to collaborate to help Korean textile and fashion companies become competitive in the global market.
This agreement is expected to be a significant milestone in NC AI's pursuit of industry-tailored innovation by showcasing "vertical AI," a generative AI technology specialized for the fashion industry.
With this collaboration, NC AI and Korea Textile Newspaper plan to expand AI integration across industries and jointly lead the future growth and digital transformation of the domestic textile and fashion industry.
NC AI CBO Im Su-jin said, “Barco Art Fashion, which has incorporated AI into the fashion industry, is driving innovation across the industry,” and added, “We hope that through our collaboration with Korea Textile Newspaper, we can innovate the entire textile and fashion industry with AI technology and become a partnership that creates the future together.”
Kwon Young-seol, CEO of Korea Textile News, emphasized, “In order for the textile and fashion industries to respond to the rapidly changing digital era, it is essential to integrate cutting-edge AI technology.” He added, “Through this agreement, we will contribute to strengthening the competitiveness of the entire industry based on the expertise and networks accumulated by both organizations, and we will actively support Barco Art Fashion, the latest AI solution, so that it can quickly establish itself in the fashion industry.”
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