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Artificial Intelligence

True Fit Scoops Up $ 55M in Series C Funding, Focuses on Development of AI Data Platform

True Fit, the retail industry’s data-driven personalization platform for apparel and footwear has announced a new $55 million Series C investment, led by Georgian Partners with participation from existing investors Jump Capital, Signal Peak Ventures, Intel Capital, and new investor Cross Creek Capital. The new funding will further develop True Fit’s robust AI data platform, as well as advance innovation …

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Odd Concepts Changes the Game by Introducing AI to Shopping Malls

As you may know, artificial intelligence is taking many industries by storm and now has made its way to shopping malls! South Korean-based company Odd Concepts, supplies an AI-based image search application program interface (API) through a cloud service. First, it allows the user to choose clothes that match his or her tastes, and then automatically employs the image search engine …

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Flawless by Gabrielle Union Utilizing Chatbot for Personalized Haircare Recommendations

Recently, Flawless by Gabrielle Union, a hair care line made for women with textured hair, launched its Flawless hairbot through Facebook’s Messenger application. This will allow customers to receive more customized and personalized content. All products are color-safe and free of parabens, sulfates and glutens, with each product containing a blend of Avocado, Argan and Marula oils in order avoid …

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Invertex Changes the Game of Omnichannel with ScanMat

While in many product categories online, shopping has become the standard, still only 8% of shoes are sold online in the US, with return rates scaling up to 40%. Inaccurate fit and lack of confidence remain two of the most burning pain points throughout the footwear industry that halter ecommerce revenues.

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