Stylumia is dedicated to augmenting human intelligence in fashion and lifestyle retail for a better world. With relevant data and the right technology, people and businesses in fashion and lifestyle retail can solve challenging problems and improve the world.
In 2015-16, we identified the limitations of available technology and solutions in fashion forecasting and demand planning, which are often subjective. These traditional methods fail to address the fundamental challenges in fashion trend spotting and forecasting, leading to significant wastage in the industry. The business metrics of full-price sell-through remain around 50%, creating over USD 750 billion of wastage globally each year due to ill-informed decision-making.
We recognized the need for a different kind of technology and approach, which led to the creation of Stylumia. We are a Deep Tech company solving fundamental retail challenges. Stylumia.ai is a global innovation-first Retail AI organization. We have products that impact the daily lives of various multi-disciplinary personas across the value chain, striving to help them eliminate wastage in the industry by augmenting their decisions with consumer-backed insights.
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