Blog
Stylumia brings the latest blogs on Color AI, Retail AI, Fashion AI & Ecommerce AI with the help of data-driven insights
Internet Trends 2019: China Setting A World Stage
| 4 min read 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 This edit […]
How To Make Your Company/Brand RECESSION-RESILIENT?
| 4 min read In this edit, we look at global perspectives on a potential recessionary trend, what any fashion & lifestyle brand/company can do to be recession-resilient in these times. I’ve heard there’s going to be a recession. I’ve decided not to participate. Walt Disney You can not get motivated more by seeing news headlines in the last […]
Fashion’s Moneyball Moment: How Analytics Can Be Your Competitive Advantage?
| 4 min read This edit draws a sports analogy and introduces an analytics maturity framework through which you can accelerate your journey to make analytics your competitive advantage. The Math Works. Over the course of a season, there is some predictability to baseball. When you play 162 games, you eliminate a lot of random outcomes. There is so […]
Markdown Optimization In Fashion To Avoid End Of Season Sale (EOSS)
| 4 min read 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, merchandising teams […]
Move From Common Practice To Common Sense: Grow Profits By 5X
| 7 min read In this edit, we will learn how to grow profits by 5x by moving from common practice to common sense. We are using Eliyahu’s approach to look at how a fashion business is conducted and come out with a theory for transformation. Fasten your seatbelts. Following are the list of questions asked by Eliyahu to […]
The True Environmental Cost Of Fashion: What Can We Do?
| 6 min read With 80 billion items being manufactured every year and growing, the fashion industry is one of the top polluting industries in the world. We all have the responsibility to make the planet a better place to live for future generations. This edit looks at the status quo, what are the initiatives by brands and retailers and few actions […]
Building A Data-Driven Culture
| 4 min read Should data-driven culture be a topic of discussion in an industry that 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. In this edit, we look at best practices in building a data-driven culture across the […]
Learning From The Nation Of Start-Ups: Israel
| 5 min read 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 Israeli start-ups. There is a lot of learning from Israel […]
Look For Grey Rhino And Black Swan Events: Win Consumers By A Big Margin
| 4 min read We all may remember the book “The Black Swan” by Nassim Nicholas Taleb of 2008 which talks about the impact of highly improbable events. My recent read of “The Grey Rhino” by Michele Wucker looks very complementary to the Black Swan and in fact even to some extent challenges the very perspective of Black Swan events. More interestingly we can […]
The Magical Number 7 +/- 2: How To Grab Attention?
| 3 min read Imagine a fashion store you enter, if you see too many things happening, what will be your response? Don’t you get confused and get a tendency to repel? It is happening because of cognitive science. This edit looks at if there is a limitation to our attention? We keep talking about the stickiness of customers. It […]
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