Nextail news and archive

New report: Fashion opts for industry vets as it looks beyond the pandemic

In 2021, as they sought to create a strong platform for growth and digital transformation, Fashion companies chose to hire CEOs with deep sector knowledge and leadership experience. Fashion’s Newest CEOs, the annual report published with an eye to what to expect in 2022, analyzes all the major hires in the sector. It highlights the broadly...

Business

North American Brands Leading The Digital Drive, says Nextail Report

North American fashion and lifestyle retailers are leading the way in “data-forwardness” as they invest heavily in the use of AI and machine learning. A study compiled by Nextail shows North American retailers have been gaining on their European counterparts in the last year. Seven of the top 10 brands, ranked for their investment in...

BusinessFeatured

The fashion industry is changing, so are its leaders

Fashion’s musical chairs is not only applicable to the high changing rate of creative directors. 2019 also saw a record number of CEO departures and appointments. Given the high turnover-rate, a study by fashion merchandising platform Nextail aims to to uncover signs of change in the industry. The motives for changing leadership can vary...

Fashion

River Island taps AI to boost sales across store network

River Island has partnered up with retail intelligence platform Nextail to roll out AI technology throughout its network of 343 stores across the UK, Ireland, Asia, the Middle East and Europe. Having already begun the process of overhauling its IT and data infrastructures and embracing cloud technology, the British highstreet retailer will now...