Inside Retail

FEBRUARY 2, 2024

Digital concessions have become a popular model for fashion marketplaces in particular since Covid. Why fashion loves dropshipping This is the digital version of department stores that decades ago moved to concessions taking a percentage of sales. Even some of the biggest names in fashion on the ASX dropship their inventory.

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Inside Retail

JULY 3, 2023

Driving in-store purchases Kelly Slessor, founder and CEO of Shop You, an AI-driven personal shopping assistant, told Inside Retail that machine learning and visual matching algorithms will eventually impact every element of retail – from customer service, to in-store visual merchandising, pricing to inventory management.

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Retail Gazette

MAY 7, 2024

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

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Fulfillment Inventory Management Fashion Returns 109

Retail TouchPoints

FEBRUARY 17, 2022

Japanese DTC fashion startup yutori has selected Centric Software ’s Product Lifecycle Management (PLM) solution. yutori operates a vintage fashion community and several direct-to-consumer brands targeting consumers in their teens and twenties.

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Inventory Management Fashion Apparel Planning 274

I Love Fashion

JANUARY 4, 2021

Fashion Digital Marketing Agency. The advent of technology and digitalization have collectively been a concrete reason for the evolution of Fashion Ecommerce. Like other industry verticals, the Fashion eCommerce Marketing retail landscape has also endured a tangible change. Inventory Management. Don’t be tardy.

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Retail TouchPoints

APRIL 19, 2024

In this way, RFID technology can allow retailers to manage their inventory better and ensure that resources are only being used for products that sell. Especially in this era of fast fashion, most retail products are produced overseas and shipped thousands of miles to their destination.

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Supply Chain Management Fast Fashion Apparel Shipping 255

Inside Retail

JANUARY 30, 2024

This collaboration results in an enriched suite of logistics and supply chain services, encompassing not just warehousing and inventory management, but also comprehensive transportation and last-mile delivery solutions,” he added. Focusing on beauty and apparel Initially, the partnership will focus on the beauty and apparel segments.

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I Love Fashion

APRIL 5, 2023

Fashion Digital Marketing Agency Online marketplaces are a great place to increase a brand’s exposure as they offer huge opportunities for retailers for growing and expanding their businesses. This article will walk you through the 10 best online fashion marketplaces to sell fashion products in 2023. every month.

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365 Retail

MAY 4, 2023

As part of the deployment, Nedap will provide Lindex with its iD Cloud platform to help streamline its inventory management and enhance the customer experience. By using RFID, Lindex will be able to more accurately track and manage its inventory, leading to improved stock availability and reduced stock-outs.

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Fashion Inventory Management Accounting Store Operations 57

Retail TouchPoints

JANUARY 11, 2024

That includes POS systems that can manage both merchandise and menu items, as well as inventory management software that once only had to track the latest fashion trends and are now being used to ensure fresh ingredients are in stock for the lunch rush.

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ATS Wholesale Inventory Management Fashion 252

Bindo

APRIL 13, 2017

Why Is Inventory Management Important. Inventory management remains the cornerstone of successful retail. Experienced retailers understand the importance of metrics taken from inventory management. Inventory management helps take the guesswork out and place retail products in the store correctly.

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I Love Fashion

JULY 27, 2022

Fashion Digital Marketing Agency. Couture fashion has been in existence for centuries, designed by the local fashion-savvy artisans, who specialized in designing unique costumes as well as accessories for the royalties, during ceremonial events. So why do Gen Z prefer heritage luxury fashion ? Image source: Pinterest.

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Fashion Inventory Management Marketing Accessories 52

Shopify

JUNE 15, 2023

Fashion brand, Assembly New York, is a forward-thinking retail environment with RTW collections for men and women, as well as archival vintage clothes and objets d'art. Needless to say, their inventory management needs are complex—as are their hiring needs.

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Inventory Management Fashion Management 98

Retail TouchPoints

NOVEMBER 10, 2023

Direct-to-consumer (DTC) sales increased by 1% ; and Fueling fashion innovation and product excellence: New product releases and brand launches “outperformed and fueled handbag average unit retail gains globally,” the company reported.

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Inside Retail

SEPTEMBER 25, 2023

Venturing beyond the traditional retail sphere, the group has also made its mark in travel retail, securing its place as the master concessionaire for fashion & accessories at Jakarta’s Airport In Indonesia. Retailers are actively investing in enhancing their online presence and implementing seamless online shopping experiences.

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Inventory Management Fulfillment Accessories Management 130

Inside Retail

MARCH 7, 2024

Cost of living crisis or not, expression through fashion continues to drive the US$21.72 Last year, the brand partnered with Datapel, an inventory management system that Santic credits for enhancing the business’ capabilities in inventory tracking, order fulfilment and improving warehouse processes.

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Retail Gazette

SEPTEMBER 25, 2023

The fashion retailer expects earnings before interest and tax to be “around the bottom of the guided £40m to £60m range” for the six months to September 3, 2023. Asos has warned that its profits will fall at the lower end of its guidance amid its ongoing turnaround programme as sales drop for the fourth consecutive quarter. to 19.8%.

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Inventory Management Fashion Returns Management 108

Retail TouchPoints

JANUARY 20, 2022

Amazon has announced plans for its first-ever physical fashion store — dubbed Amazon Style — which will feature women’s and men’s apparel, shoes and accessories. While not all of these are fashion labels, many are, and just as on the website those brands will most likely be given top billing in Style stores.

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Retail TouchPoints

JUNE 6, 2023

As they say in fashion, everything old becomes new again. Opportunity #1: Cost-efficient inventory management. When the amount of recommerce inventory grows, sourcing products can become a complex endeavor. Levi’s probably doesn’t have that issue, as it has created a recommerce model that streamlines inventory management.

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Merchant Services Inventory Management Shipping Consumer 270

Retail Gazette

AUGUST 6, 2023

Sales at the fashion retailer grew by 36% to £457m for the period as profits swelled 50% to £58.6m. No one is immune from the cost of living crisis, but if you love fashion then maybe there are some things you hold on to and other things that you buy less of,” he said.

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Inventory Management Fashion Returns Management 94

365 Retail

OCTOBER 8, 2023

Mango, a prominent European fashion conglomerate, is accelerating its digital metamorphosis with the introduction of Lisa, its proprietary conversational generative Artificial Intelligence (AI) platform. Last year, in line with its participation in Metaverse Fashion Week, Mango established a Virtual Assets team.

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Inventory Management Fashion Store Operations Management 104

Retail Focus

MARCH 29, 2022

Stock inventory management and supply chain strategies need to adapt accordingly to ensure the right products are being stocked at the right times, and at the right prices. Fashion brands and retailers have long contended with consumer demand for deliveries that are free-of-charge or low cost. 3) Low and no-cost .

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Consumer Payment Services Inventory Management Returns 211

Retail TouchPoints

JUNE 26, 2023

Another UPC alternative, RFID, which first made waves in retail 10+ years ago, has also had a slower adoption, largely because of cost and implementation hurdles, despite its having similar benefits, specifically to track and manage inventory and enabling checkout-less “just walk out” transactions.

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Inside Retail

SEPTEMBER 30, 2021

Fashion house Hallenstein Glassons has delivered a year of growth in a difficult market, with group sales almost 22 per cent up to $333 million and net profit hitting $31.7 million – 20 per cent higher than FY20. Sales in the group’s brands Glassons and Hallenstein Brothers grew throughout the year, 16.88 per cent to $92.7

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Retail Focus

MARCH 6, 2024

It can improve supply chain operations by automating processes such as inventory management, procurement, and logistics through smart contracts executed on the block chain, which results in reduced costs and inefficiencies.

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Inventory Management Fashion Customer Experience Consumer 147

Retail TouchPoints

JULY 20, 2020

From supply chain disruptions to shifting seasonality and evolving fashion trends, a majority of America’s leading retail brands are constantly left with excess inventory that simply won’t sell. Excess inventory is typically viewed in a negative light considering it equates to poor sales and low profits.

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Retail Gazette

OCTOBER 8, 2023

The private equity-backed fashion retailer said a new automated fulfilment system, which was introduced last year, had created logistical problems resulting in “adverse effects on both our operations and customers’ ordering experience”.

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Inventory Management Fulfillment Shipping Fashion 59

Inside Retail

SEPTEMBER 27, 2022

According to fashion group Country Road’s customer lead Paul Conti, while customer behaviour has certainly changed throughout the pandemic, the overall shift from offline to online was largely an acceleration of a pre-pandemic trend – and one that is correcting itself now that physical retail is back on the cards. “In

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Inside Retail

DECEMBER 1, 2022

This includes team members, senior stylists, assistant store managers, store managers, inventory managers and any other in-store employees,” said the firm. “We “We are investigating the underpayments on behalf of casual, part-time and full-time employees of Lovisa.

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Retail TouchPoints

SEPTEMBER 1, 2023

New inventory management systems, among other tools, will support more accurate decision-making and efficiency, so the retailer can cater to customers’ unique needs. Merchandising and supply chain optimization.

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Planning Merchant Services Inventory Management Consumer 236

Retail Gazette

NOVEMBER 1, 2023

The online fashion retailer made a pre-tax loss of £296.7m The online fashion giant is also working to improve the speed to market of its products and has produced around 500 options with lead times of around two weeks as part of its Test & React pilot, which had now been scaled to over 10% of own brand.

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Fashion Inventory Management Returns Planning 52

Inside Retail

FEBRUARY 8, 2024

Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. “Like many retailers, we have had to contend with inflationary pressures and greater promotional cadence, which has had an impact on profits,” said King.

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Retail TouchPoints

AUGUST 13, 2020

It is anticipated that fashion overstocks alone will increase 25% to 30% this year. Inventory levels will be further exacerbated by a spike in returns. Applying Marketplace Dynamics To Excess Inventory. Unfortunately, the COVID-19 pandemic is a demand shock that the industry has not seen in decades.

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Apparel Inventory Management Finance Returns 279

Retail Times

DECEMBER 6, 2021

Infor, the industry cloud company, has announced that OFFICE, a leading-edge fashion footwear specialist and part of Truworths International, has chosen Infor CloudSuite Fashion to align multiple business processes within a unified ERP system.

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Inventory Management Fashion Planning Management 52

Inside Retail

JANUARY 24, 2024

This omnichannel platform is powered by a centralised inventory management automation tool. This is why Bata had to invest in more digitally transformed marketing technologies, high-performance merchandising tools and machine-learning software to optimise its inventory management too.

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Retail TouchPoints

NOVEMBER 8, 2022

A 3D modeling technology like True Fit, used in most online fashion sites, allows the consumer to get an accurate picture of the correct garment fit. They must approach inventory management, merchandise accuracy and return policies strategically. Relying on AI and 3D modeling can be a critical way to avoid disappointment.

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Returns Markdowns Inventory Management Customer Experience 301

Inside Retail

MAY 3, 2021

For fashion and luxury goods retailers, AI and automation are equally important. Energy consumption, inventory management, and customer experience are tightly interwoven in retail operations. That’s important because overcooling by even 1ºC can increase energy consumption by as much as 3 per cent%. . Retail reinvented.

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