Remove Consumer Remove Fashion Remove Inventory Management Remove Returns
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Preparing for the Rise in Online Retail Returns

Retail TouchPoints

In 2021, returns cost retailers a whopping $761 billion , or almost 17% of total U.S. This year the powerful combination of the special sale dates in Q4 (like Target, Amazon and Walmart holding October Black Friday events) and an increase in ecommerce holiday shopping means that this upward trend for returns will continue.

Returns 279
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Fashion and retail are ripe for disruption: The promise of generative AIĀ 

Inside Retail

In the world of fashion, it has been speculated that it could be possible that future designs on the runways of London, Milan, New York and Paris, could come from generative artificial intelligence programs. According to Sarah Neill, CEO and founder of Mys Tyler , the world of fashion has been ripe for disruption for a long time now.

Fashion 245
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Key trends that will help retailers respond to growing consumer confidence

Retail Focus

Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure theyā€™re able to consistently meet demand. . Three of six key trends identified in ASCGā€™s latest eBook research include: 1) Spread the cost.

Consumer 211
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Understanding Furniture Inventory Management Software in 2023

Retalon

Furniture inventory management software offers a smarter solution. It provides real-time visibility into your inventory movements across the supply chain. This article explores how furniture inventory management software can unlock new levels of efficiency and competitiveness for modern retailers.

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Zalando improves profitability due to lower fulfilment costs

Retail Gazette

The German fashion giant said adjusted EBIT rose to Ā£24.3m (ā‚¬28.3m) in the three months, up from a loss of Ā£600,000 (ā‚¬700,000) for the same period last year. It noted the ā€œsubstantial improvementā€ in profitability was driven by lower fulfilment costs and successful inventory management, which contributed to a 1.3%

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AI: How Googleā€™s try-on tech could transform online fashion

Inside Retail

In developing this technology, Google is seeking to address a number of issues related to the online shopping experience, including customer dissatisfaction with clothing fit, and significant challenges related to returns and textile waste. Perera added that generative AI thrives on large data sets, which consumers are providing in droves.

Fashion 130
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5 innovative fashion tech brands you should know

Inside Retail

Weā€™re on our way to a new normal in fashion. However, it took a destructive global health crisis to shake the truths out of fashion for all to see. Indeed fashion adapted, however, it also emerged battered. A combined international effort is needed in tackling fashionā€™s problems head-on.

Fashion 130