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Category: Artificial Intelligence

Zero Waste Fashion: Straight from Japan

Why we have not challenged the fashion manufacturing process for long? the traditional ways of making patterns, cutting, sewing and finishing have been around for long. This edit looks at one such innovation which fundamentally challenges the current assumptions. The fashion industry is faced with many economic, environmental and social issues. Some of them include, a) […]

on December 19, 2019

Science Of BEING WRONG LESS: Way To Extraordinary

“I take the position that I’m always to some degree wrong, and the aspiration is to be less wrong” – Elon Musk The difference between great brands and retailers and the good ones often is the “less wrong”, the great ones do. It is comparable to the champions in tennis who make less unforced errors. In tennis, an unforced […]

on November 21, 2019

Four Key Actions To Thrive In An Economic Downturn

I’ve heard there’s going to be a recession. I’ve decided not to participate. Walt Disney We are witnessing a lot of discussions, around Brexit in the UK, China’s economic slowdown, Germany’s recessionary trend, drop in India’s economic outcomes, to name a few. International Monetary Fund’s (IMF) chief Kristalina Georgieva recently said, “Global economy must be ready for […]

on November 7, 2019

Localise Assortment Or Lose: A Live Store Concept

With inherent risks in fashion business, considering lead times and constant change in demand patterns, it is not enough to forecast the trends better (design and make the right products), order the right quantities (predict the demand of unseen products) but also send them to the right stores in right quantities and at the right time. In the case of online […]

on October 15, 2019

Internet Trends 2019: China Setting a World Stage

The internet is still very young – we don’t even know what it can do. What we have known before is probably just a beginning. When the internet can connect people’s brains, which is the most difficult part, it will be the beginning of a real internet. Wang Jian, Chief of Technology, Alibaba Group courtesy: scmpThis […]

on August 30, 2019

You probably don’t know your REAL top sellers: Here is Why

“human beings have a strong dramatic instinct toward binary thinking, a basic urge to divide things into two distinct groups, with nothing but an empty gap in between. We love to dichotomize. Good versus bad. Heroes versus villains. My country versus the rest. Dividing the world into two distinct sides is simple and intuitive, and […]

on August 2, 2019

End Of Season Sale (EOSS): Burns Fashion Profitability

    If you have read “The Goal“, by Eliyavu Goldratt, it starts off with this inquiry “What is the Goal of any Business?” and it is summed up as   “So this is the goal: To make money by increasing net profit, while simultaneously increasing return on investment, and simultaneously increasing cash flow. With the Summer coming to end, […]

on June 28, 2019

Building a Data-Driven Culture

Should data-driven culture be a topic of discussion in an industry which is creative-led like fashion? This is a fair question to ponder over. Data is no more just in the realm of analysts. For any consumer-centric brand and retailer, it is the lifeblood now to stay relevant. This edit looks at best practices in building a data culture across the organisation with […]

on April 26, 2019

Learning from the Nation of Start-Ups: Israel

We should use our imagination more than our memory – Shimon Peres This edit is a result of my reading “Connecting the Dots” by John Chambers, Chairman Emeritus, CISCO (one of the best reads of 2019 so far). John acquired over 100 companies to manage and lead market transitions in CISCO’s journey and a good number of them are […]

on April 11, 2019

Finland’s Visionary Initiative: AI Literacy

Every transformation in our history has been through a leap in intelligence. Be it an industrial revolution or technological revolution. Intelligence starts with awareness. Maybe that is what made the Finnish government come out with an approach to “Turning Finland into a leading country in the application of artificial intelligence”. The approach document is 76 pages long and […]

on January 25, 2019

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