TRUSS’ Post

It's brilliant to see the work that TRUSS (part of StudioThree's spring showcase) is doing in the space highlighted by The Business of Fashion. Central AI models that support focused use cases in the fashion sector (and beyond) will be key across the industry, particularly in the second-hand space. This allows for unlocking more profitable business models in this critical part of the sector. Margins and stability can and need to be connected for businesses focusing in this area to scale and deliver a more sustainable path for the sector's future. https://lnkd.in/e9WyrvfR

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.

Hi everyone, discover how AI is revolutionizing the fashion industry across product design, supply chain management, marketing, and customer experience. This article highlights AI's impact on personalizing shopping experiences, enhancing sustainability practices, predicting trends, and optimizing operations. Dive into the AI-driven advancements within the eCommerce fashion sector and its consistent revenue growth here: https://lnkd.in/egUwJf94 #computools #innovation #informationtechnology #artificialintelligence #ai #ecommerce #onlineshopping #digitaltransformation #technology

I wanted to highlight how the world of fashion e-commerce is a dynamic and rapidly evolving industry, with consumers increasingly turning to online platforms to satisfy their style cravings.  However, with growth comes challenges and the fashion e-commerce landscape is no exception. From inventory management to personalised recommendations, the industry faces numerous hurdles that can impact customer satisfaction and operational efficiency. In a recent in-depth analysis, I got a chance to understand the shortcomings of this market and how the industry is working towards using AI to address the multiple issues and fight it with technology-led approaches.  One of the most remarkable applications of AI in e-commerce is the development of virtual styling tools and image consulting services. These tools leverage advanced algorithms, computer vision and machine learning to help customers visualise how a product will look on them, taking into account their unique characteristics. To understand more, read here.  https://lnkd.in/dMzgNjjU #Textileindustry #Apparel #Regeneratedfabric #Circular #supplychain #Knitting #Technology #digitalisation #comprehensiveefforts #cuttingedge #AI #powerofdigital #managementsoftware

Four ways AI is about to make it way easier to shop for secondhand clothes at ThredUp. (1) AI-Powered Search: AI algorithms are being implemented to enhance the search experience on secondhand clothing platforms. This enables users to find exactly what they're looking for more quickly and accurately. (2) Image Recognition: AI is being used to improve image recognition technology, allowing users to upload photos of clothing items they like and find similar options available for purchase. (3) Personalization: AI algorithms are enabling personalized recommendations based on user preferences and browsing history, enhancing the shopping experience and increasing user satisfaction. (4) Sustainability Impact: By making it easier and more convenient to shop for secondhand clothes, AI is promoting sustainability in the fashion industry by reducing waste and encouraging the reuse of clothing items. Overall, AI is poised to significantly improve the secondhand clothing shopping experience, benefiting both consumers and the environment. https://lnkd.in/gZ9p8pbv Customer Centric Solutions LLC #openai #genai #aiusecases

📰 News: 📰 --University Alumni Team Up with Depop to Revolutionize Second-Hand Fashion Using AI-- Four friends from The University of Warwick are reshaping the second-hand clothing market through a groundbreaking collaboration with Selfridges and Depop. Leveraging artificial intelligence, their startup TRUSS aims to make buying and selling pre-loved clothes more seamless and sustainable. The numbers are staggering: Each new t-shirt requires up to 20,000 liters of water, making the push for second-hand fashion not just innovative but also eco-friendly. With a £1.2 million grant, TRUSS's AI algorithms automate pricing, recommendations, and listings, enhancing user experience on platforms like Depop and Selfridges. Selfridges targets 45% circular transactions by 2030, emphasizing the urgent need for automated solutions. This revolutionary approach could extend beyond clothing to other markets like second-hand watches and furniture, bringing AI's transformative power to diverse industries. #Hospitality #Ecommerce #Retail #Commerce #Manufacturing #Logistics #Strategy #Innovation #Business #ArtificialIntelligence #AnniQ https://lnkd.in/g2MvRhAC

👕 👖Amazon Fashion is changing the game with its latest innovation: an AI-powered Fit Finder. 🪞This cutting-edge tool accurately determines customers' sizes, reducing return rates and enhancing overall satisfaction. By leveraging AI technology, Amazon is not only improving the online shopping experience but also benefiting the ecommerce industry as a whole. This advancement streamlines operations, saves costs, and ultimately boosts customer confidence, driving growth and innovation across the sector. Learn more about this development in Forbes' article📖 https://lnkd.in/eCmpxjDf #ai #customerexperience #ecommerce

#Amazon introduced a new AI-powered Fit Finder to help customers choose the right clothing sizes and avoid returns. The machine learning tool analyzes past purchases, reviews, and size charts to provide personalized size recommendations. Returns are a major problem for retailers like Amazon, so leveraging AI to provide better fit and sizing is a smart move. #retail #productdevelopment #productanalytics #AI https://lnkd.in/eu_RmWen

In the apparel and fashion industry, staying ahead of trends and optimizing costs are very important. Here comes AI to streamline processes, reduce costs, and stay ahead of trends. AI has the potential to transform apparel sourcing in several ways: ⏩Smarter Trend Spotting: AI can analyze vast amounts of data from social media, fashion blogs, and e-commerce platforms to identify emerging trends and consumer preferences. This allows you to source garments that align with what your target audience actually wants. ⏩Demand Forecasting: AI helps predict future demand with greater accuracy. It helps you source materials and plan production efficiently. ⏩Enhanced Quality Control: AI can analyze data from production processes and inspections to identify potential quality issues early on. This proactive approach ensures you're receiving high-quality garments that meet your standards. ⏩Optimized Inventory Management: AI-powered systems can predict future demand and optimize inventory levels, minimizing stockouts and overstock situations. This helps to reduce wasted resources and improve cash flow. ⏩Reduced Costs: By optimizing processes and minimizing errors, AI can lead to significant cost savings throughout your sourcing journey. Here, we have to remember that AI isn't here to replace us, it's here to empower us. We should utilize AI's capabilities so that we can become more efficient and make smarter decisions. #apparel #apparelsourcing #fashiontech #AI #artificialintelligence #aIinapparel #sourcingrevolution #apparelindustry #supplychainsolutions #SmartSourcing #textilesouring #TasrahLtd

Struggling with manual and time-consuming product tagging in your fashion e-commerce business? 🕐 Discover how AI-powered automatic tagging can revolutionize your operations with speed and accuracy. 🚀𝗨𝗻𝗺𝗮𝘁𝗰𝗵𝗲𝗱 𝗦𝗽𝗲𝗲𝗱 𝗮𝗻𝗱 𝗖𝗼𝗻𝘀𝗶𝘀𝘁𝗲𝗻𝗰𝘆: AI swiftly and accurately tags your entire fashion catalog, keeping your inventory up-to-date in real-time. 🏷️𝗦𝗲𝗮𝗺𝗹𝗲𝘀𝘀 𝗢𝗿𝗴𝗮𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻: AI-driven algorithms categorize and tag product photos, handling styles, patterns, colors, and occasions, eliminating human error. 🎯𝗣𝗿𝗲𝗰𝗶𝘀𝗶𝗼𝗻 𝗮𝘁 𝗜𝘁𝘀 𝗕𝗲𝘀𝘁: Advanced image recognition provides highly accurate metadata, enhancing on-site search and navigation. If you want to learn more, let's talk! The link is in the comments. 👇 #AIinFashion #ProductTagging #FashionAI #Ecommerce