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Global Fashion Group continues to struggle in second quarter

Inside Retail

Global Fashion Group (GFG) continued to be affected by challenging market conditions in the second quarter, as reflected in a drop in net merchandise value for all markets. Macro pressures continue to impact customer behaviour in GFG’s markets, which is reflected in our Q2 results,” said CEO Christoph Barchewitz.

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Fashion and retail are ripe for disruption: The promise of generative AI 

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.

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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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Dropshipping: Fashion’s favourite fulfilment method?

Inside Retail

Meanwhile, with traditional dropshipping, the goods will ship blind, without any marketing material that reveals the identity of the supplier. Digital concessions have become a popular model for fashion marketplaces in particular since Covid. There’s no need to invest in extra staff, marketing or promotions.

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5 innovative fashion tech brands you should know

Inside Retail

We’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 fashion’s problems head-on.

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Think Big, Act Small — Manageable Changes to Bolster Your Marketing Now

Retail TouchPoints

Let’s dive into some small ideas that can help tackle big goals: 1) Think Big: Increase customer engagement with more interactive marketing. 4) Think Big: Improve supply chain and inventory management. Act small: Add a feature to your website allowing customers to search inventory availability in local store locations.

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AI: How Google’s try-on tech could transform online fashion

Inside Retail

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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