At the Drapers Future of Fashion conference, VP Tian Su detailed how Zalando leverages AI to improve customer interactions.Zalando navigates the challenge of serving 50 million customers across 25 markets by using AI for intuitive feedback and personalised shopping experiences.The Zalando Assistant, powered by AI, provides tailored purchase suggestions and allows customers to offer feedback on product recommendations.Despite challenges in predicting trends due to erratic weather, Zalando uses its Trend Spotter tool to keep customers informed of the latest fashions.Zalando integrates ChatGPT technology to enhance customer engagement while suggesting cost-effective strategies to other retailers.At the recent conference, Tian Su, Vice…
Author: Scott Dylan
Humber Business Week underscored the importance of modern learning techniques for business leaders in skill development.Attendees experienced interactive activities showcasing experiential learning’s role in success.Sarah Young illustrated the connection between learning, memory, and ‘sticky knowledge’.Caroline Hardcastle highlighted the tangible benefits of continuous development for businesses.Ralph Gilbert encouraged embracing lifelong learning for personal and organisational growth.During the recent Humber Business Week, business leaders gathered to delve into the potential of modern learning methods in advancing organisational skills and capabilities. The event, termed ‘Embracing Excellence’, was aimed not just at compliance but at enhancing overall workplace efficacy.Facilitated by Sarah Young, the programme…
Engaging extroverted employees in the tech sector can significantly enhance workplace collaboration and productivity. By recognising their natural talents and addressing their unique needs, tech firms can foster a more dynamic and innovative environment.The dynamic nature of extroverted personalities can drive team collaboration and communication within tech environments.Open communication is crucial for extroverts, allowing them to express ideas and engage actively with their teams.Implementing team-based projects provides extroverts the opportunity to thrive through social interaction and collaboration.Structuring meetings to leverage extroverted skills can enhance productivity and encourage innovative ideas.Extroverts are not merely sociable individuals; they thrive in environments that offer…
The evolution of ecommerce was dissected during a pivotal panel discussion at the Drapers Future of Fashion conference held on 19 June. Womenswear brands Nobody’s Child and Never Fully Dressed, alongside ecommerce agency BluBolt, shared their insights into future strategies.The discussion illuminated the importance of data-driven strategies in shaping the future of fashion ecommerce.Speakers emphasised the need for adapting to digital trends to stay competitive in an evolving market.Insights were shared on how fashion brands can leverage ecommerce tools for enhanced customer engagement.The conference highlighted the significance of evolving technological landscapes and their impact on retail.The Drapers Future of Fashion…
At the Drapers Future of Fashion Conference 2024, Paul Wilkinson shared insights on fostering innovation to benefit both customers and businesses. This article provides actionable advice for companies looking to enhance their innovative capabilities.Paul Wilkinson, product director at Deliveroo, offered three strategic tips for driving innovation effectively.He emphasised the importance of understanding customer needs and aligning them with business objectives.Wilkinson also highlighted the necessity of creating a supportive environment that encourages creative thinking.Furthermore, he discussed the role of technology in facilitating innovative solutions.Paul Wilkinson, speaking at the Drapers Future of Fashion Conference 2024, outlined three essential strategies aimed at fostering…
Inflation has reached the Bank of England’s target for the first time since July 2021, offering potential relief for consumers.The Consumer Prices Index (CPI) inflation rose by 2% over the 12 months to May 2024.Food prices contributed significantly, increasing by 1.7%, though down from 2.9% in April 2024.Clothing and footwear prices saw a decrease, with a 3% rise over the year but a month-on-month fall of 0.6%.The British Retail Consortium sees this as a hopeful sign for possible interest rate cuts, beneficial for many mortgage holders.The annual Consumer Prices Index (CPI) rose by 2% in the year leading up to…
Authentic Brands Group has launched its European headquarters at 5 Marble Arch, London.The newly opened office spans 25,000 square feet, including product showrooms and workspaces.The London headquarters will support operations across the European region, employing around 70 staff members.The opening marks another step in Authentic’s global expansion strategy, enhancing its European presence.The company continues to pursue new opportunities, including acquiring Champion’s IP assets and seeking a new partner for Ted Baker.Authentic Brands Group has taken a significant step in its global expansion by opening a new European headquarters in London. Situated at the prestigious 5 Marble Arch, this office spans…
Clarks has announced significant job cuts as it faces financial challenges, with more than 150 roles at risk worldwide.The retailer reported a £20.3m operating loss for the year ending 31 December 2023, a stark contrast to the previous year’s £54.5m profit.Job reductions are spread across global offices, including key locations such as Somerset, UK, and Massachusetts, USA.Contributing factors to the financial downturn include weak demand in full-price channels and inflationary pressures.Leadership changes have occurred, with key executives departing and an interim executive committee now in place.Clarks is undertaking substantial job cuts globally as it grapples with financial difficulties, posing a…
A new study reveals the career priorities of Gen Z, highlighting a strong inclination towards job-hopping.66 per cent of Generation Z believe that switching companies is essential for career progression.The cost-of-living crisis is a significant factor influencing Gen Z’s decision to change jobs.Gen Z is more likely than other generations to see their current role as a temporary stepping stone.A preference for developing digital skills encourages Gen Z to seek out new job opportunities.A recent study by FDM Group has identified that 66 per cent of Generation Z, those born from 1997 onwards, consider changing employers crucial for their career…
The UK automotive sector is facing a critical skills gap, described as a ‘timebomb’ by industry leaders.Steve Horne, CEO of GSF Car Parts, warns that the skills deficit is a major constraint on the sector’s growth.The shortage of skilled technicians is increasing costs for consumers and limiting market potential.Industry leaders are calling on future governments to urgently address this issue and enhance career pathways.Upcoming trade events aim to highlight these challenges and explore solutions to support the automotive industry.The United Kingdom’s automotive industry is now grappling with a significant skills gap, termed a ‘timebomb’ by leading figures such as Steve…