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👗 Revolutionizing Online Shopping with Hey Savi ! 🛍️✨ Hey Savi is transforming the online fashion experience with its innovative platform that acts as a fashion matchmaker. Snap, search, try, and buy—all within 60 seconds! Hey Savi connects users with retailers, offering the best prices and availability in real time. ✨Innovation at its Core:✨ Co-founder and Chief Product and Technology Officer, Angela Vinci, emphasizes the platform’s unique value: "Search engines prioritize paid advertising over relevant results. #Hey_Savi is redefining the search experience to fit today’s fast-paced fashion environment." This innovative approach promises to deliver a #personalized_shopping_experience, boosting consumer confidence. 👥 Dynamic Leadership Team 👥 Hey Savi's dynamic team boasts extensive experience. Co-founder and Co-CEO, Victoria Peppiatt, previously recognized as Tech Entrepreneur of the Year, is a second-time tech founder. Angela Vinci has held executive roles at Farfetch, Gap, Sephora, Vinted, and Apple. Sarah Daniel, Co-founder and Co-CEO, and ex-global CEO of Prominate, has scaled fast-growth businesses internationally. 📈Market Potential 📈: With over 10,000 fashion searches every minute in the UK, Hey Savi bridges the gap between customer expectations and current search functionalities using AI technology. This platform promises a more personalized shopping experience, reconnecting #shoppers with retailers innovatively. Supported by 👥 Industry-Leading Advisory Board including Gareth Jones (CMO at Sotheby’s), Robin Sutara (Chief Data Officer at Databricks), and Richard Goold (Partner at Wilson Sonsini), Hey Savi is set to disrupt the fashion search and recommendation space. Angela Vinci adds, "Built by an industry-leading, fully female product team, Hey Savi is perfectly timed to reignite how customers engage with retailers online." Hey Savi is ready to reshape the online fashion industry with its AI-powered platform and focus on personalized, efficient shopping experiences. Follow US 👉 CEO Enterprise ® for more innovative stories! 🔗 . . . . . . . . #Innovation #FashionTech #RetailRevolution #HeySavi #Leadership #Ecommerce #TechInnovation #AI #WomenInTech #FashionIndustry #Startup #CEOEnterprise #TechLeadership #FashionTech #WomenInTech

#Mango has 15 different digital intelligence platforms, covering everything from pricing to personalization…🎯 📈According to a recent McKinsey survey #GenAI is poised to unlock between $240 billion to $390 billion in economic value for retailers, equivalent to a margin increase across the industry of 1.2 to 1.9 percentage points. ⚠️AI's potential to personalize shopping experiences, optimize inventory management, and provide actionable insights makes it an essential tool for retailers aiming to stay competitive, failing to invest in this technology could leave brands struggling to meet the rapidly evolving demands of the market #retail #tech #investment

Resale marketplace GoodBuy Gear recently shared their Photoroom journey with Retail TouchPoints. Read the full article to learn how AI is benefitting the circular economy, and how Photoroom is helping marketplaces like Good Buy Gear increase their conversions.

As we step into the dynamic world of commerce in 2024, major trends are shaping the industry. Here are the key insights from top venture capitalists: ⏺ AI transforms the commerce value chain for better sustainability in design, inventory, and manufacturing, which will likely boost resale markets in 2024. ⏺ Brands are embracing AI-powered predictive intelligence post Apple's App Tracking Transparency policy, which allows them to efficiently acquire new customers for sustainable growth. ⏺ AI tackles stockouts and excess inventory, especially in apparel and footwear, aligning with sustainability goals for eco-friendly merchandise planning. ⏺ Retailers anticipate significant OPEX reductions through AI, prompting discussions in 2024 earnings calls on AI's transformative role in reshaping the retail sector. ⏺ Shein's IPO is driving shifts that have inspired retailers to adopt elements of its direct ship from the manufacturer model, signaling an industry-wide transformation. The commerce landscape is evolving rapidly, with AI leading sustainable transformations. Ready for the future of commerce? Read this interesting Forbes article for more insights - https://lnkd.in/gmPhYeWr #commerce #mergersandacquisitions #artificialintelligence #ai #venturecapital #innovation #foleyforward #garage2global Foley & Lardner LLP

The luxury industry and market should consider getting savvy with AI and technology, particularly given the extreme rise of eCommerce. When industries don't capitalize on growing (and sticking) trends and developments, tremendous potential can be lost. Tech can also help with changing consumer expectations, such as increased demand for traceability. #LuxuryIndustry #eCommerce #Tech

Planning to attend the Glossy E-Commerce Summit June 10-12 in Miami? Stop by Trove’s pop-up lounge to grab a coconut water and hear more about how the leaders of branded recommerce are reshaping the omnichannel experience. #GlossyEcommerceSummit #Glossy #FashionEcommerce 

Four Major Trends That Will Shape Retail In 2024 - Credits: Forbes Major retail trends are emerging that present significant opportunities for growth, especially for small businesses and startups. Some of the new trends includes sustainability, AI, social commerce and personalized communication.🔥 ◆Sustainability and green fatigue: With that comes scepticism: are businesses really becoming more sustainable, and holding true to their eco-pledges? Or, are businesses simply greenwashing? ◆The rise of artificial intelligence: Small businesses must look at how they can use AI tools to their advantage, as well as react to their customers’ growing awareness and confidence in using said apps. ☑To find more about other trends, check on: https://lnkd.in/exw9C25S #retail #ecommerce #business #brands #startups #innovation #ai #sustainability 

Of the services that Sparkbox.ai, an AI-centric retail planning platform, offers to customers, one seeing demand is for placing quick in-season reorders of products that are performing well. But one yet to find users is its AI-powered demand forecasting, which predicts a product’s performance weeks into the future. Brands are still sceptical about the validity of AI forecasts, Sparkbox co-founder Lindsay Fisher said, and to make decisions with AI about their initial buys, they need to have clear, quantifiable assumptions to base their models on. Many, however, still rely on gut feeling. “With the initial-buy planning, there’s a lot more opinion involved, so maybe AI isn’t as useful in that respect,” said Alex Ure, head of merchandising for Jaded London, which scored a hit earlier in the year when Hailey Bieber wore a pair of its parachute pants at Coachella. “There’s always going to be that element of trend and [creative] strength that I don’t think an application would harness.” Ure herself has sometimes pushed back on the wilder initial buys the creative team advocated for and turned out to be wrong, she said. One of the technology’s great promises is to let retailers make far more accurate forecasts about how much to produce, down to the level of size and colour. But knowing what consumers will want months in advance isn’t so simple. Read more below. ✍️ Marc Bain

Exciting News Alert: Introducing Hangr - Where Fashion Meets Technology! 🎉 👋 Hello LinkedIn! We are thrilled to announce the launch of Hangr, a cutting-edge fusion of fashion and technology poised to disrupt the industry! 🌟 At Hangr, we're on a mission to redefine the way people experience fashion by leveraging the power of technology. Our innovative platform combines the latest advancements in computer vision, machine learning and data analytics to create immersive, personalized, and transformative fashion solutions for both the modern consumer and budding enterprises. Whether it's enhancing the online shopping experience with virtual try-on capabilities, utilizing AI algorithms to curate personalized style recommendations, or boosting the metrics of your e-commerce business, Hangr is at the forefront of innovation, redefining the future of fashion. Join us on this exciting journey as we disrupt the fashion landscape and usher in a new era of digital fashion. Follow our page to stay updated on our latest developments, partnerships, and milestones. Together, let's revolutionize fashion with technology and make a positive impact on the world! 💫 #FashionTech #Innovation #Sustainability #FashionRevolution #TechStartup

It's worth reading below - retail trends for 2024. I admit... Major investments in physical #retail by companies like Marks and Spencer Walmart, JCPenney, EDEKA ZENTRALE Stiftung & Co. KG, Fox Group RETAILORS and IKEA are making me happy... I Love Retail! #retailers #retailtechnology #brickandmortar