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Author: Scott Dylan
Scott Dylan, Founder of NexaTech Ventures, is an entrepreneur and investor, offering expert insights on AI, technology, and business transformation across global industries.
The Drapers Footwear Awards 2024 celebrated top contributors in the footwear industry at Grosvenor House, London.Esteemed brands, retailers, and industry figures gathered for the prestigious event hosted by Jayde Adams.Haena Ryu was recognised as the Student Footwear Designer of the Year.Notable winners included Clarks as Footwear Business of the Year and Stuart Paver with a Lifetime Achievement Award.The event showcased standout brands like Pip & Henry and honoured innovative designs and sustainable initiatives.The Drapers Footwear Awards 2024, held at Grosvenor House in London, was an evening dedicated to honouring the achievements of leading figures and brands within the footwear industry.…
The latest GFK Consumer Confidence Index indicates a slight improvement in consumer sentiment for June, albeit still in negative figures.A three-point increase in the overall index was noted, reaching -14, primarily driven by optimism regarding the UK economy.Despite the general economic index rising by seven points, the unrelenting cost of living crisis continues to exert a negative influence.Personal financial expectations for the future declined by three points, while past financial assessments remained unchanged.Notably, the savings index witnessed a decrease of five points, reflecting a change in consumer saving behaviour.According to the latest report by GFK, the Consumer Confidence Index experienced…
Inspiration fuels innovation and drives individuals to surpass limitations. In the business world, the role of inspiration cannot be underestimated.This article explores the profound impact of inspiration on the journey to business success, drawing from real-life experiences and practical examples.From an early age, individuals are often driven by a desire to progress. Whether it is learning a new skill or diving into an entrepreneurial venture, inspiration sparks ambition. In the case of Gareth Lloyd, it was the passion for creating something meaningful that led to the founding of Truly Nuts. The company’s mission extends beyond profit, focusing on environmental and…
Footasylum is set to open a new store in Aberdeen, continuing its UK expansion.The store is located in Union Square shopping centre, Aberdeen’s largest retail destination.Occupying 7,000 sq ft, it offers a wide selection of branded streetwear.The opening will create 30 jobs, including management and part-time roles.Footasylum’s expansion follows a successful financial year, with notable growth in sales.Footasylum is expanding its presence in the United Kingdom with the opening of a new store in Aberdeen’s prominent Union Square shopping centre. This new location is part of the company’s ongoing growth strategy, following a series of store openings and expansions across…
At the Drapers Future of Fashion conference, industry leaders gathered to discuss transformative trends.Boohoo Group’s digital director shared insights on leveraging AI in trend anticipation.AI-powered tools can help retailers remain competitive by identifying emerging fashion trends.Incorporating technology into fashion can enhance responsiveness to market demands.The conference showcased the symbiotic relationship between AI and the fashion industry.At the Drapers Future of Fashion conference on 19 June, Boohoo Group’s digital director, Jonny Longden, provided insights into the transformative role of artificial intelligence (AI) in the fashion industry. This significant event gathered various industry leaders to discuss how technological advancements are reshaping the…
Zalando utilises artificial intelligence to improve customer experience.Zalando Assistant offers tailored suggestions and seeks customer feedback.Challenges like unpredictable weather influence fashion retail trends.Trend Spotter identifies emerging fashion trends across Europe.AI tools, including ChatGPT, enable cost-effective technology development.At the Drapers Future of Fashion conference, Tian Su, vice president of personalisation and recommendation at Zalando, shared insights into the company’s efforts to enhance customer engagement using artificial intelligence. She highlighted Zalando’s commitment to leveraging AI tools to refine the customer journey for their extensive user base, which spans over 50 million customers across 25 markets.One notable tool, the Zalando Assistant, employs AI…
A recent conference highlighted the vital role of data skills in fashion retail.Panellists focused on diversity and inclusion to enhance data competency.Apprenticeships were discussed as a means to improve social mobility.The significance of nurturing a desirable company culture was emphasised.Insights were shared by Asos, Fashion Retail Academy, and The Fashion Minority Report.At the latest Drapers Future of Fashion Conference, a panel of experts from notable institutions such as Asos, Fashion Retail Academy, and The Fashion Minority Report convened to deliberate the indispensable role of data skills in the fashion retail industry. These discussions underscored the necessity for organisations to enhance…
Explore how leading womenswear brands are leveraging data to enhance their ecommerce strategies.Notable brands, Nobody’s Child and Never Fully Dressed, are pioneering new data-driven methods.A panel discussion at the Drapers Future of Fashion conference shed light on ecommerce advancements.The collaboration with ecommerce agency BluBolt highlights impactful trends and strategies.Industry experts shared insights on navigating the evolving digital landscape.The recent Drapers Future of Fashion conference highlighted the innovative strategies of leading womenswear brands, Nobody’s Child and Never Fully Dressed, in leveraging data to boost their ecommerce operations. This event served as a platform for these brands to share their cutting-edge approaches…
At the Drapers Future of Fashion event, Clarks’ digital transformation was under the spotlight.Simon Clarke, CIO of Clarks, shared insights into the replatforming project.The project, lasting 18 months, focused on overhauling Clarks’ ecommerce capabilities.Technology consultancy AbsoluteLabs partnered with Clarks for this transformation.The discussion highlighted challenges and successes experienced during the overhaul.The Drapers Future of Fashion event recently provided a stage for Clarks to present its digital transformation efforts. The brand’s Chief Information Officer, Simon Clarke, revealed key details about this extensive 18-month project.During the presentation, Clarke disclosed that the core aim of the replatforming effort was to enhance Clarks’ ecommerce…
Paul Wilkinson, product director at Deliveroo, shared strategies to drive innovation at the Drapers Future of Fashion Conference 2024.He highlighted the importance of balancing customer needs with business goals for effective innovation.Wilkinson focused on collaborative approaches that bring together diverse teams to foster creativity.The use of technology as a catalyst for innovation was a key point discussed by Wilkinson.Another significant aspect was the value of customer feedback in refining and improving products and services.Paul Wilkinson, the product director at Deliveroo, delivered an insightful presentation on fostering innovation during the Drapers Future of Fashion Conference 2024. His discussion centred around driving…