Who will be the next Sarah Blakely? 3 technological advances in underwear

The $29 billion underwear market has some rising stars following in the footsteps of the Spanx creator

Sarah Blakely
(Image credit: Astrid Stawiarz/Getty Images)

In 2000, Sarah Blakely launched a line of women's seamless, slimming undergarments she conceived of after cutting the feet off a pair of control-top pantyhose. Her product, Spanx, caught on by word of mouth (she has yet to spend a penny on advertising), and 12 years and dozens of tummy-slimming, butt-smoothing, seamless underwear styles later (not to mention numerous knock-offs), Blakely has appeared on the cover of Forbes as the youngest female self-made billionaire in the world.

That's the potential of underwear, a $29 billion global apparel sector. People buy underwear by the dozens, and though the industry isn't always associated with high-tech innovation, new inventions can clearly reap huge profits.

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Carmel Lobello is the business editor at TheWeek.com. Previously, she was an editor at DeathandTaxesMag.com.

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