Industry
Fashion and Luxury
Fashion and Luxury
In a world governed by trends, stay ahead of the trends that matter most
Industry
In a world governed by trends, stay ahead of the trends that matter most
Compared with the broader retail sector, luxury has been slower to adopt AI. However, that’s starting to change, as large and small maisons see AI’s potential to build and enrich long-term relationships with key customers. These luxury houses are using generative and analytical AI to:
• Improve the accuracy of sales volume forecasts and stock allocations
• Refine customer segmentation
• Automate warehousing or inventory management
• Personalize interactions between sales associates and customers
While use cases have largely centered on operational efficiency and customer intimacy, opportunities to use AI for creative functions and knowledge management are gaining traction.
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