Woven fabrics are created on a loom by interlacing two sets of yarn at right angles to each other, resulting in a structured and more durable fabric with little stretch. Knit fabrics are made by interlocking yarns in a series of loops, creating a stretchier and more flexible fabric that is often more comfortable to wear. Ultimately, woven fabrics have a more formal and tailored look, while knit fabrics are typically used for more casual and comfortable garments.