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Stylumia brings the latest blogs on Color AI, Retail AI, Fashion AI & Ecommerce AI with the help of data-driven insights

Proactive Fashion AI | Demise Of Traditional Fashion Business Model

Leaders from Stitch Fix, Farfetch, Crocs, Rolls Royce and Stylumia came together recently to share their views on Proactive Fashion AI for consumers. They also see demise of traditional fashion business model. The detailed recording of the panel discussion and the transcript below. Full Transcript below: Setting The Stage For Proactive Fashion AI David Wilcox: […]

on January 17, 2021

Wasteful Deadly Bias In Fashion Trend Forecast

Fashion trend forecast of today has a deadly bias. The amount of fashion over-supply and billions of garments unsold reflects this. This edit makes an attempt to get to the root. What Are The Decision Biases? Humans are error-prone and biased. This is one kind of bias, which we normally talk about. We are witnessing […]

on January 10, 2021

Lowe’s Innovation Labs Chooses Stylumia

We are pleased to inform Lowe’s Innovation Labs Chooses Stylumia as part of their CONSTRUCT program for startups. Here is a reproduction of an article as published in Businessinsider. Lowe’s Innovation Labs, the innovation hub of FORTUNE® 50 retailer Lowe’s Companies Inc., today launched the first Indian cohort of its signature, stage-agnostic startup accelerator program, […]

on January 10, 2021

Stylumia, A Member Of Intel® AI Builders Program

We are excited to inform Intel® chooses Stylumia to be a member of Intel® AI Builders Program. This engagement enables Stylumia in many ways, enabling access to latest technology, co-marketing and match-making. Here is a video introduction to the program. The program helps Stylumia to get access to cutting edge technology from Intel® system. Apart […]

on January 10, 2021

Building Great Fashion Business | 2021 And Beyond

Building a great fashion business takes a lot more than building a good one. In this edit, we look at what are the proven ways of building a great fashion business. We took our inspiration from the book “Great By Choice” by Jim Collins. Taking a long term view and deriving short term decisions out […]

on January 2, 2021

Fly Light In Fashion Demand Forecasting | Learn From Nature

Last week I was listening to Minal Mehta, Head of Product at YouTube, she mentioned about how birds use “drafting” to travel long distances with ease. This trigged the curiosity in me. Fashion Demand Forecasting is also a long journey to realise the outcomes. The journey is getting more challenging by the day. How do […]

on December 20, 2020

A Fundamental Flaw In Inventory Optimisation For Fashion

Inventory optimisation for fashion is a top priority for leaders now. The inventory if not managed well, can break any fashion business. In this edit, we look at a fundamental metric for assessing the performance of products. The inconsistencies in measuring True DemandTM and how it impacts all inventory optimisation actions. “human beings have a […]

on December 13, 2020

Demand-Science™ for Fashion | Paradigm Shift In Demand Forecasting

Customer expectations are changing faster than ever before. Retail operation and execution have changed. However, product and inventory decision making remains unchanged for years. Therefore, there is a need for a paradigm shift in the approach to the fashion business. This paradigm shift is the invention of demand science for fashion. State Of Fashion Retail […]

on December 6, 2020

The Tyranny Of Convenience | A Blinder To True Demand Forecasting

Demand forecasting and its accuracy is more relevant in the post covid era than ever before. It is a danger and a blinder if we do not get the depth of what demand is. It is not a surprise that the fashion industry produces a huge amount of goods unwanted by consumers. The causation lies […]

on November 29, 2020

Two Way Conversation With Consumers Through Predictive Analytics

Sense and Respond is the new way to win consumers in the era of digital technology. A two-way conversation with the market requires a thinking shift in organizations. There is a need to move from the engineering model (the industrial organization) to this new model. Predictive analytics and advanced analytics come in handy in transforming […]

on November 23, 2020

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