AI Fashion Trends: Nike, Gap & China’s Tech Edge
- Hangzhou-based Zhiyi Tech, established in 2018, specializes in compiling style and sales data from global shopping and social media platforms.
- Zheng Zeyu, founder and CEO of Zhiyi tech, said the company's expertise has considerably benefited its clients.
- Zheng also noted that Zhiyi Tech enabled Urban Revivo to improve its sell-through rate from 60% to 80% during the same period.
Dive into the innovative world of AI-driven fashion with a focus on the success story of Zhiyi Tech.This forward-thinking company is helping businesses leverage the power of data to identify crucial fashion trends and increase sales performance. Urban Revivo, a leading Chinese retailer, saw a 5% rise in best-selling items, and improved its sell-through rate from 60% to 80% by partnering with Zhiyi Tech.AI is transforming the fashion sector. Explore the technology’s impact on the industry. This article reveals detailed insights into how AI fashion trend analysis functions and provides valuable data on how AI influences decisions. News Directory 3 reports on this fast-moving topic, shedding light on how these strategies and technologies will impact global brands. Discover what’s next for AI and fashion with the latest developments.
AI-Driven Fashion Trends Boost Sales for Chinese Retailer
Hangzhou-based Zhiyi Tech, established in 2018, specializes in compiling style and sales data from global shopping and social media platforms. The company provides data-driven analysis of fashion market trends, helping businesses make informed decisions.
Zheng Zeyu, founder and CEO of Zhiyi tech, said the company’s expertise has considerably benefited its clients. For example, Urban Revivo, a Chinese fast-fashion retailer, has been a client as 2020. Zhiyi Tech helped Urban Revivo increase its opportunities to create bestselling items by 5 percentage points within the first three years of their partnership. Urban Revivo produces over 100,000 designs annually.
Zheng also noted that Zhiyi Tech enabled Urban Revivo to improve its sell-through rate from 60% to 80% during the same period. Sell-through rate measures the proportion of inventory sold compared to the stock received from suppliers.
The success of Zhiyi Tech reflects a broader trend in mainland China, where increased AI adoption is transforming various industries.
What’s next
Zhiyi Tech plans to expand its AI-driven services to more retailers,helping them optimize their product offerings and improve sales performance by identifying key fashion trends and improving inventory management.