Chanel who? E-commerce has barely made a dent in the luxury goods market

The line between fashion and technology is blurring.

From the flock of tech founders snatching front row seats among the fashion elite at New York Fashion Week, to style icon Diane Von Furstenberg wearing Google Glass to produce a first-person intimate look at her life behind the runway, it is clear that technology is unapologetically setting new fashion trends and not looking back.