article thumbnail

As Allbirds goes public, sustainability is the mantra of the future

TechCrunch

It started with a humble, natural wool (and extremely comfortable) shoe, but Allbirds is not merely an apparel company today. The company is driving change in the industry through the open sourcing of materials for others to benefit, and in doing so, is becoming the industry’s standard bearer on sustainability practices.

article thumbnail

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

CIO

Landmark Group, one of the largest retail and hospitality organizations in the Middle East, wanted to reduce energy consumption and carbon footprint, improve operational excellence, and make progress toward its sustainability goals. With 5G-enabled smart mirrors, a person can virtually try on apparel.

Retail 258
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Convincing Benefits of Sustainable Business Practices

Strategy Driven

The concept of sustainability in business practices has rapidly gained importance over the years. Plenty of proactive companies are shifting and adjusting their operations to incorporate sustainable practices. So, what exactly is sustainability when it comes to a business? Rising demand for sustainable goods.

article thumbnail

Is retail ready for a restart in the post-pandemic world?

Capgemini

I have been engaged in the retail industry for 16 years, and I think it has been hit the hardest: millions of jobs lost, an estimated $430 billion downturn in retail revenue according to NRF estimates , 58% reduction in foot traffic across retail industries, and a more than 37% drop in online sales for apparel and footwear.

Retail 52
article thumbnail

The Retail Renaissance

Capgemini

Particularly the expectations of customers towards convenience, personalization, experience, sustainability and, of course now, safety. Nike’s CEO said that even though it lost the majority of mall traffic in China during the lockdown , the net impact of the disruption was minimized by having the right online-commerce capabilities.

Retail 52
article thumbnail

Reverse Logistics: The Role of Software in Returns Management

Altexsoft

Other benefits of effective returns management would be faster service and turnover, customer retention, increased sustainability, and reduced losses. An apparel brand increases efficiency by 900 percent. That has increased net recovery (vs. If you handle your returns wisely, you can regain their value (at least partially).

article thumbnail

Daily Crunch: AWS now accepting applications for its new 10-week generative AI accelerator

TechCrunch

Oh, and sustainability is getting a whole stage all to itself at Disrupt. Well that covers things : Jagmeet reports that Lightspeed backs Indian startup Zyod aiming to make apparel manufacturing more efficient. Cool cool cool : Magnets and water net Magnotherm a $6.9 Today, there’s a ton of fun events-based updates for you.