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Myntra launches MyFashionGPT powered by ChatGPT

The new feature enables shoppers to search for specific needs by typing text in a manner that closely resembles natural speechBengaluru: Fashion e-commerce marketplace Myntra has introduced MyFashionGPT, powered by artificial intelligence chatbot ChatGPT, to enable natural language-based queries...

Myntra launches AI-based personal style assistant feature

The feature—My Stylist—uses comprehensive machine learning, computer vision algorithms, and multiple deep-learning techniques to enable recommendations and has been designed in-house at Myntra Bengaluru: Fashion e-commerce marketplace Myntra has launched a first-of-its-kind feature My Stylist, an AI (artificial intelligence) powered end-to-end...

₹400 Bn EBITDA Opportunity With Advanced Analytics and AI in Retail by BCG-RAI

The report highlights innovative ways in which retailers globally leverage advanced analytics and AI across the value chain A joint initiative by Global consulting firm Boston Consulting Group (BCG) and Retailers Association of India (RAI), the ‘₹400 Bn EBITDA Opportunity...

E-commerce shopping will get more experiential, says Kumar P. Saha of ndhgo

ndhgo founder Kumar P. Saha speaks about the evolution of e-commerce and how his company is helping retail ecosystem players to make the most of the lucrative online opportunityE-commerce is a 1.8 trillion ($25.75 billion) market in India with...

Advanced analytics and AI will help Indian retailers unlock a ₹400 billion EBITDA opportunity: BCG-RAI Report

The report also provides a roadmap for Indian retailers on how to get started with the adoption of advanced analytics and AIBengaluru: Retailers globally leverage advanced analytics and AI across the value chain, which will help to unlock a...

Making CX click for small businesses

Small and medium e-commerce businesses can use CX to level up their growth. Here’s how…By Jenny ChooThe estimated revenue of the Indian e-commerce business in 2022 stood at US$79 billion and is expected to reach US$350 billion by 2030,...

Consumer brands can transform disruption into opportunities by adopting innovative revival strategies: EY report

The unprecedented nature of COVID-19 disruption has left a lasting impression on both consumer behavior and business environment, requiring consumer product companies to undergo structural changes, said the latest EY study “COVID-19: Revival Strategies for Consumer Products Companies in India”....

Companies need to begin digital transformation now to survive in the new world

Amid the slow recovery of COVID-19, it may be tempting for companies to stick with what is comfortable and delay ambitious digital transformation projects until more stable times. However, leading data and analytics company GlobalData notes that this would...

Fashion retailers use anti-viral technology for fabric to prevent COVID

Innovation – both interactive and engaging – has changed the dynamics of retail. In times that are tough, in order to reshape the concept of traditional retail, product innovations are gaining attention, aiding experiential retail and consumer engagement. These...

4 ways Artificial Intelligence is reshaping demand forecasting in retail

Artificial intelligence (AI) is the technology of today, the story of 2010 and the excitement of tomorrow. The past decade will be reminisced as an era where machines began their journey on the path of intelligence - proficient in...
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Wooden Street opens 102nd store in Delhi

Spanning over 3,000 sq. ft. of retail area, the new highstreet outlet is located on the main outer ring...
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