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Fit Analytics Drives Growth And Profit For Apparel Retailers

Forrester IT

This year, NRF was a happy affair: Retailers were celebrating a successful holiday season, year-on-year growth, and a net increase of store openings. In the apparel personalization market, solutions built on fit analytics are achieving both […]

Apparel 307
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Impinj stock soars 20% after beating Q1 estimates

GeekWire

The company posted GAAP net income of $33.3 Founded in 2000, Impinj manufacturers radio-frequency identification devices that are used by companies in various industries to track everything from apparel to medical supplies to food.

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Lululemon is buying exercise hardware startup Mirror for half a billion dollars

The Verge

Lululemon, the company behind trendy fitness apparel, is getting into the hardware business with Mirror. The apparel company’s CEO Calvin McDonald tells The New York Times the purchase is about “strengthening our community and our loyalty and our relationship with our guests and memberships.”

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Microsoft, Brooks, Unilever and others join Amazon’s Climate Pledge, topping 30 signatories

GeekWire

Amazon announced the Climate Pledge last year , promising to meet the net-zero emissions goals of the Paris Agreement on climate change by 2040, 10 years ahead of schedule. Microsoft announced its own climate plan in January and followed up this summer by forming its own coalition, Transform to Net Zero. new sign, who dis?

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Beyond pays $4.5M to acquire Zulily brand, plans to relaunch flash sale site later this year

GeekWire

Bringing the trusted Zulily brand into our asset-light business model allows us to offer furniture and home furnishings, apparel and footwear, jewelry and watches, among other categories that are also core competencies of our off-price Overstock business with flash sale deal pricing,” Dave Nielsen, CEO of Overstock, said in a statement.

Retail 118
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Nike just bought a virtual shoe company that makes NFTs and sneakers ‘for the metaverse’

The Verge

The apparel giant just announced the acquisition of RTFKT Studios , which it calls “a leading brand that leverages cutting edge innovation to deliver next generation collectibles that merge culture and gaming.”. million at the time.

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The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO Business Intelligence

Retail customers are looking to achieve net zero goals by creating sustainable value chains and reducing the environmental impact of their operations,” says Marianne Röling, Vice President Global System Integrators, Microsoft. “TCS’ With 5G-enabled smart mirrors, a person can virtually try on apparel.

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