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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

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

Move From Common Practice To Common Sense: Grow Profits By 5X

  In this edit, 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 a group of leaders of a Brand company (BRAND ABC) and their answers. It all started […]

on May 9, 2019

The True Environmental Cost Of Fashion: What Can We Do?

  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 status quo, what are the initiatives by brands and retailers and few actions […]

on April 30, 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

Look For Grey Rhinos & Black Swans: Win Consumers By A Big Margin

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 […]

on April 4, 2019

The Magical Number 7 +/- 2: How To Grab Attention?

     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 […]

on March 28, 2019

Fashion’s Messy Middle

image courtesy: Stephanie Hess If you are in any creative field, you would not have missed Behance, a platform for creative people to organise their work. It’s founder Scott Belsky is one of the knowledgeable professionals in the world who comes with a great blend of creativity and business.  This edit is inspired by his recent book “The Messy Middle“. […]

on February 28, 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

2019: A Year of Awakening for Fashion Players

“You must be willing to let go of who you have been to become who you were meant to be.”                                                     image courtesy: link2ts.eu The recent report on State of Fashion 2019 by […]

on December 27, 2018

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