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Fashinza, a B2B supply chain marketplace for fashion brands, raises $100M

TechCrunch

. “Even though brands were marking up their retail price at 75% to 80% margins, they were still making only around 8% to 10% profits and losing money due to high inventory wastage or going out of stock. They] struggled with … opacity due to multiple middlemen and their manufacturers being thousands of miles away.”

Fashion 192
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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch

Ghost is coming out of stealth Tuesday with its approach to excess inventory with a marketplace approach that enables brands and retailers to buy, sell and price that inventory in a discreet, efficient and sustainable way. Naturally, they started in apparel but are also seeing opportunity in beauty and home goods.

Apparel 232
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Announcing the startups and judges onstage at TC Sessions: Mobility 2022

TechCrunch

Koop Technologies (Pittsburgh, PA, USA) — Presenter: Sergey Litvinenko, co-Founder and CEO. “Koop Technologies is an insurance platform for autonomous vehicles and robotics. MeterFeeder provides backend software, enforcement devices, and payment platform are cost-effective.” Startups pitching on the main stage.

Mobile 190
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Reverse Logistics: The Role of Software in Returns Management

Altexsoft

In spite of associated losses, businesses can’t avoid giving customers the opportunity to give back their purchases due to consumer law legislation. So, what is returns management and reverse logistics, and how can software make it easier to handle all that workload? Let’s explore how technology can help here.

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How Retailers Use Artificial Intelligence to Innovate Customer Experience and Enhance Operations

Altexsoft

For this article, we discussed current and potential applications of AI in retail, as well as the state of the industry in general, including factors that drive adoption of cognitive technologies. However, the cashierless store concept has been under pressure in the US due to a backlash against cashless systems. Amazon Go experience.

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Jamstack Conf 2021 Speaker Lineup

Netlify

With physical stores closed by the pandemic, Universal Standard, the most size-inclusive apparel company, migrated to the Jamstack on Shopify with Nuxt.js. Twilio’s sustained growth over the last decade has led to several architectural iterations of the Twilio Console. Low code serverless functions with WebAssembly-powered DSLs.