AI news and archive

Insights from PwC: The mindset of supply chain managers

Audit firm PwC surveyed 610 supply chain and operations managers about the digital transformation of supply chains. The aim was to identify their priorities and tensions, as the supply chain is still perceived as a cost centre, not a strategic lever. While the "Digital Trends in Opérations Survey 2025" report does not directly address the...

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Business

Multiply Group completes acquisition of Tendam, will drive growth using AI as a lever

Multiply Group, an investment holding company based in Abu Dhabi, completed the acquisition of a 67.91 percent stake in Tendam, a Spanish fashion multinational, on 23 July 2025. Tendam owns brands such as Cortefiel, Springfield, and Women’secret. The transaction values Tendam at approximately 1.3 billion euros (5.6 billion UAE dirhams), with...

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Business

Inditex sees profit grow in first half of 2025 as commercial activities pick up

Madrid – This morning, July 15, Inditex’s 2025 annual general meeting took place at the company’s headquarters in Arteixo, Galicia. The meeting, chaired by Marta Ortega Pérez, non-executive chair of the Spanish fashion multinational, saw the approval of the company's 2024 annual accounts. It also highlighted various ongoing initiatives and...

Retail|Artificial Intelligence

Mango energises shopping experience: WhatsApp channel and AI stylist

Mango continues its commitment to personalising the shopping experience through increased digitalisation. The company has announced the launch of two new digital tools: a WhatsApp channel and "Mango Stylist", an AI-powered fashion assistant and stylist. These are the latest steps in Mango's strategic "Plan 4E", presented in early March 2024. The...

Featured

Fashion

Integrating AI into the organisational structure: Are companies at Pitti ready?

Global spending on artificial intelligence (AI) is expected to more than double by 2028, reaching 632 billion dollars, according to the International Data Corporation (IDC) Worldwide AI and Generative AI Spending Guide. Additionally, as Jorge Amar, senior partner at McKinsey, highlights in a report, "we are entering a world where we will have to...

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Business

Perfect Corp FY revenue up, but losses widen

Perfect Corp, a company that provides augmented reality (AR) and artificial intelligence (AI) Software-as-a-Service (SaaS) for global beauty and fashion businesses, has reported an increase in revenue but widening losses in its most recent full-year report. In the 12 months to December 31, the company’s revenue increased 16 percent to 47.3...

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Fashion

Facebook debuts new shoppings tools across Instagram and its platforms

Facebook Inc. is adding new shopping tools to its platforms, including visual discovery on Instagram. The company is testing a new search function, powered by AI, to help users find similar products, such as a floral dress, just by tapping an image of a dress they like. Soon Instagram will make it possible for people to take photos from their...

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Business|Interview

AI in the supply chain - how to manage logistics well in a crisis

Logistics plays an important role in all industries and the fashion industry is no exception. Well-managed logistics that relies on digitization and foresight can overcome crises - the best examples being the recent container ship that was stuck in the Suez Canal and caused global repercussions, or the current pandemic, which is turning into a...

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Business

Brands and retailers are turning to AI to turn searches into sales

With shoppers spending more time online than in physical stores many brands are leveraging data to convert searches into sales. According to Dow Jones, online stores are supercharging search-and-recommendation engines by feeding data into sophisticated algorithms, building predictive models with a level of accuracy unimaginable just a few years...

Retail

CEO interview: Zyler, virtual clothing try-on

When it comes to sustainability and caring about the environment, fashion has been a bit behind the curve compared with other other industries such as tech. This tumultuous year has led major fashion brands to re-evaluate how they will move forward in sustainability and digitization. Fashion tech ventures such as Zyler are here to help retailers...

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Retail

A more personal customer approach: 5 tips for a better online shopping experience

Due to the Corona crisis, purchases are increasingly shifting to the internet. This increases the competition among online retailers. So how can the shopping experience be designed in such a way that customers are happy and shops are successful? The current situation contributes to the digitisation of retail at an enormous rate. Online shops...

Video

Video: Opportunities AI offers the future of fashion

During its recent event "Innovation Fest" Fashion for Good hosted a panel discussion exploring how AI and virtual reality will change the fashion industry. During this 20-minute conversation between Adrianna Hopenbrouwer-Pereira, Ryan Howell, and Janosch Amstutz, the three discuss the role VR, AI, and AR will play in fashion, and how brands can...