“We are coming back to a slightly different world. Sitting on stock, fewer customers, the need to convert our inventory more efficiently and improve bottom line margins.” Stuart Rose, Chairman, Dressipi

At Dressipi we are holding a new series of webinars looking at how data and technology can help to solve some of fashion retailers’ biggest problems. Our first webinar focused on the issue of overstocked products. Stuart highlighted just how different the world of retail is as we come out of lockdown and stressed that it is now essential for retailers to optimise processes.

Due to store closures as…

With lots of retail news to keep track of and as we head into peak, Dressipi brings you the best stories this November.

1) Would you Swap Physical Clothes for Digital?

A new type of pop-up shop opened its doors this November with innovation at its core. Reported in Vogue Business, the world’s first digital clothing store allowed “visitors to try on — but not purchase — digital garments in exchange for an unwanted item of clothing.”

Humans ‘digital tailors’ lead guests “into pods equipped with a camera, projector and a “magic mirror” to sample looks. While no physical versions are available for purchase, shoppers can take home the digital images and one photo print-out of them in the garment of their choice” (Vogue Business).

Karinna Nobbs, a University Lecturer &…

With retailers increasingly supporting a circular economy, October’s main stories were all about the resale and rental markets. Here is a round-up of retailers that have moved into this space this month.

1) The Growing Resale Market

Research published by The Ellen MacArthur Foundation, reported in Fashion United, stated that “it is estimated that more than $500bn of value is lost every year due to clothing not being utilised or recycled effectively, with some garments in the US discarded after just seven to 10 wears.” This is why the importance of resale is getting more and more apparent and there are many retailers this October who have endorsed the concept:

• Burberry

Reported in Fashion United, “Burberry is joining forces with The RealReal to promote a sustainable future for fashion”.

The RealReal is a luxury marketplace designed to…

The pace of transformation in the fashion industry has been accelerating over the last few decades. After the successes of Amazon selling books and electronics online, the first wave of change came in the form of a channel shift where retailers began to sell online as well as offline.

After years of fashion retailers selling successfully via their online stores, the second, current wave is to deliver hyper-curated, hyper-personalised services to customers.

However, as retailers have begun this journey there is an increasing understanding that fashion behaves very differently to other categories such as books, electronics or travel. …

Dressipi, the world’s only fashion prediction platform, brings you a round-up of the top retail news this September to keep you up to date.

1) A Partnership for VIP’s Only

Reported in Bazaar, “Apple and Burberry collaborate on a new messaging system for VIP clients”, which is “designed to connect the associates to the customers in a new and intimate way” (Forbes). David Phelan explained, “It’s an invite-only feature, likely to go to high-value customers, and it means associates can send bespoke item recommendations to the individual customers.”

Through R Message, VIP customers will be able to:

• Have direct conversations with store assistants about products
• Be able to book in-store appointments
• Purchase pieces they like directly through the app using Apple Pay

The staff will have access to:

• Information such…

Some of the best articles from the world of retail and its supporting industries.

1) Adidas’ 70th Birthday

Adidas turned 70 this August and has taken a look back on their very successful years to becoming one of the largest sports companies in the world.

Reported by Adidas Group, it first began when Adolf (“Adi”) Dassler started “experimenting with sports shoes in his mother’s laundry room at the beginning of the 1920s, before then founding the company “Gebrüder Dassler Schuhfabrik” together with his brother in 1924. In 1932 and 1933, he perfected his skills at the renowned technical shoemaking college in Pirmasens.” The company then split, with his brother founding Puma, another world-class sporting company today.

Seven decades…

Some of the best articles from the world of retail and its supporting industries.

1) UK Customers Searching for Fast Fashion

Research released this July from data agency Pi Datametrics, showed the online fashion retail brands most in demand on Google in the UK. After analysing 972 retailers, the key findings over the last 3 ½ years were as follows:

• Next came out on top with their brand name being searched 82m times between May 2018-April 2019
• John Lewis (one of our retail clients) followed in second place with 60.4m searches, and ASOS closely behind with 50m searches
• Pretty Little Thing and Boohoo (both part of Boohoo PLC) have a combined search volume of 53m, which would bump them up to…

Dressipi, the world’s only fashion prediction platform, brings you a round up of the top retail news this June to keep you up to date.

1) ASOS’ Virtual Catwalk

ASOS is constantly rolling out new technology to help achieve better customer engagement. For their latest announcement, reported in Drapers, ASOS has “launched an augmented reality feature on its app, called Virtual Catwalk”. Partnering with the hologram and AR firm, HoloMe “will give [ASOS] customers a different way to view and experience products before making the decision to buy”.

So how does it work ? Customers can point their smartphone at a flat surface, click the AR button on the product page of 100 new-in ASOS Design products, and models will appear as though they were in front of them…